HomeMy WebLinkAbout2579 - ~
a That lal la the event of any breach of fhb mortgage or default on the part of the 1?torigagor, or tbt to
the event any of said auras of money harsh referred to ba not promptly and fully pad within ten days next
after the same severally become due. and payable, without demand or notice, or icl in the event each and every I
the at~pulations, agreements, conditions and covenants of said promissory note and this mortgage. any or either,
are not duly. promptly and fully performed. discharged, executed, effected, completed. complied with and abided
by. then. in either or any such event. the said aggregate aura mentioned in said promissory note then remaining
unpaid, with interest accrued, and all moneys secrired hereby, shall become due and payable forthwith, or there-
after, at the option of said Mortgagee, as tally and completely as it all of the said sums of money were originally r
stipulated to be paid on such day, anything in said .promissory note, and•or in this mortgage to the contrary not-
withstanding; and thereupon or thereafter at the option of said Mortgagee, without nonce or demand. suit at i
law or in equity, Wentofore, or thereafter begun, may be prosecuted as rf all moneys secured hereby had matured
prior to Ib institution.
Z. ~t in the event that at tM beginning of or at say time pending any suit upon this mortgage, or to ~ ~
foreclose it, or to reform It. sad/ar to enforce payment of any claims hereunder, said Mortgagee shalt apply
to the court. having jurisdiction thereof for the appointment of a Receiver, ouch court shaA forthwith appoint
a Receiver of said mortgaged property all and singular. including all and singular the rents. Income. profits,
issues and revenues from whatever source derived, each and every of which. it being expressly understood. L
hereby mortgaged as if specifically set forth and deacrited in the grurting and habendum clauses hereof. and
such Receives shall have all the broad and effective functions and puw•ers in anywise entrwted by a court i
to a Receiver, and such appointment shall be made by such court as sn admitted equity and a matter of ab-
solute right to acid Mortgagee. and without reference to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the solvency or insolvency of said Mortgagor and for of the defendants, and that such
rents. profits, income, issues and re~•enues shall be applied by such Receiver according to the lien and/or equity
of said Mortgagee sad the practice of such court.
understood and agreed that this mortgage is given to secure, in addition to the note or
above descry nal loans or future advances made within twenty years reof by the
mortgagee to paid mortgagors r in title of said mor property hereby conveyed;
provided that the total unpaid balance of t e ereby at any one time shall not exceed
the maximum principal amoun - _ Dollars
(i us interest thereon and any disbursements made by r the pay-
xes, levies or insurance on the property encumbered hereby, with interest on such dis ur
IN WITNESS WHEREOF. the said Mortgagor has executed this mortgage under seal on the day and year
herein first above mitten. ~
SI ed. sealed and delivered In the presence of:
~,L - WELCO HOMES CO UCTI , INC .
• g f
......................~.~t.~..-G---------------........... Y • ~
485'725
~ ~I'E~~ 0
~AgA.
TE OF._.... ~ •
COUNTY }1 ~ 9LEINt C9tCUlt COtlltj~ i
. YfRIFiC.D_--~
Before me personally a d......__....._._._.__...-_----•--.-..._._......_.........__
to me well known and known to me to he the indiridua escribed in and who executed the foregoing instru-
ment. and acknowledged before me that ....he..._ executed the or the purposes therein expressed.
}
WITNESS my hand and official seal this ..............._.._..___.d.y of._._.__-•----_.. 19---_... 1
f
f
Notary Public In sad for
the County and State Aforesaid
t
My commission expires:
STwT>l: OF... FLORI DA
~ cotJNTY oF..----MARTS.~i__._...._.._•--•--
~ pe y pl?u ELLEN - GUTERL
- Before me rsoaall a red
and to ms well known.aad
known to me to be the ..............._.....__.._.._..__._Praddent aad....__...___.._.--•-_--__........_....._._....._......._....._._.._... 8ecretaq -
a .
respectively ot ..................kITFLCOME...IiQMES...C.QNSTBLIG" QN.,-Z~C...._...._...._.._----...._..., We corponuoa
G
named In the foregoing instrriaient, sad knows to me to be file parsons who ru such ofDcese of said corpontlon,
executed the same; and then sad them the sald ................ETON..1aIITEEL..__.._---....._.__._._......_._...._aad tM said 1
..-..d1d aclcnowledgs before me that said
instrument Is the tree aci and deed of said rnrpontion by them respectively executed as such ot!lcent for the
purposes therein expressed; that the seal thereunto attached V the corporate seal by them Ia Wes capacity af-
s fixed:Wunder authority In them duly vested by the Board of Directors of said corpontlo~a.
^ f
WIT'NES$ my hand sad offlcW seal this....°~ ~~.._day ot_ r 19_
. ~ f. _ ......_..:.~~c~»._. ~ i
Publlt,~~ for
e the~ymty acid Stab Aforesaid p r
on -
'
~ rl
j..
. r~
BODK~ PAGE