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HomeMy WebLinkAbout0781 A. That (al la the went o! any breach of this mortgage or default on the part of the I?tortgagor. or Ibl to the event any of said sums of money herein referred to be not promptly and fully paid within ten days next after the acme severally become due and payable. without demand or nonce. or ic) in the event each and every the stipulations. agreements. conditions and covenants of said promuso~ y note and this mortgage. any or either. an not duly. promptly and fully performed. discharged. executed. effecte.l, completed. complied with and abided by. then. b either or any such event. the said aggregate sum mentioned ~n aa~d promissory note then remaining unpaid. with interest accrued. and all moneys secured hereby, shall become due and payable forthwith, os there- after. at the option of said Mortgagee. as fully and completely ss it sll of the acid sums of money were originally stipulated to M 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 1?lortgagee, without nonce or demand. suit at Lw os to equity. theretofore„ or thereafter begun. may be prosecuted u it all moneys secured hereby had matured pr?or to lb iastltutlon. T. That !n the event that at the beginntrt` of or at any time pending any suit upon fhb morsgags. or to torecloas It. or to reform It, sad/or to enforp payment of any claim. hereunder. uid Mortgagee ahatl apply to the court having jurisdiction thereof for the appointment of • Receiver. such court shall forthwith appoint • Receiver of said mortgaged property all and singular. including all and singular the rents. Income. proms. banes and rovenuea from whatever source derived. each and every of which, it being expressly understood. L hereby mortgaged u It specifically pt forth and described in the grunting and habendum clauses hereof. and such Receiver ahW have W the broad and effective functions and po~eera in anywise entrusted by • court to a Receiver, and such appointment shall be made Dy such court as sn admitted equity and a matter of ab- solute right to said Mortgagee, and without reference to the adequacy or inadequacy of the value of the prop- erty mortgated or to the wlvency or insolvency of said Mortgagor andior of the defendants, sad that such rants. pwtits. Income, tasues and re~'enuea shW be applied by such 12ece1ver according to the lien and/or equity of said Mortgagee sad the practice of such court. IIt VVITNSSB VVHERiCOF. the said Mortgagor has executed fhb mortgage under seal on a day and yeas herein first above wdttea. Signed, sealed and deLvered In the presence ot: c~.I ~ WALTE ` JO SCOTT ~~~i~ `~yj RIE ANN SCOTT sTwT>t oF..._. FLORIDA COUNTY OF..._ ~ Beton me pareonauy appeared.- :----~TEB..~Z4F~I...~.GQT~...~AS~...1~3+~QR~~i...E...~2T_T.... HIS WIFE to ms well kppwn and known to me to bt the individual-... described in and who executed the foregofng lnatru- ' m~• dged before me that ....he_... executed the name for the purposes therein espreased. O • -•;t~~r5'"-~, ~ 7 ~ daq of .r April 1Y_S - y = ~,r., - ~ . my Nana area orncial seal this-•------ . ~ ~ - ~ - ~ ' N PubUc In sad for ~ _ ~ ~ , i~ . " " the County and State Aforesaid. ~ ~ • My commission expires: I OF ~ r Before me personally apPu~ and..._.._:_......_...._.......___..._-..._... to sae well known sad known to me to be the ..............~.........._.._.......Preetdeat aad.._.............____.._.._..r_.........._..____-..~.__..._..___ Secretary respectfvelq oi the corporatloa harried in the foregoing instrument. and known to me to bs the persons who as such officers of said corporatloa. executed the same: and then sad then the sald..._..._...._...._.........-_..-...._-._....---_-_-._ ..................-_....._-.-...sad the Bald _ _ _ acknowledge betoee me that Bald - val executed as such oMcen for the instrument 1• the tree act and deed of said corporation bq them rwpeeti y purposes therein expressed: that the sW thereunto attached b tM corporate stal by them tit I1ke capacity ss- fixed: all under anthorlty In them duly vrted by the Board of Directors of said oorporatioo. wrlt'l~t>cas my hand sad otnctal eeal thla_...__.... ....day et....._. 10.._... 488233 Notary Public to and for - the County and State Atoreeald. :.,~D ,l~r; -2 i c; ~ 39 My coasml.sfoo expires: THIS INSTRUMENT WAS PREPARED rtfcNd >a BY FREDERICK G. SUNDHEIM. 1R., ~s S i. LUC LEtil1 ~ - ATTORNEY. P. 0. DRAWER 86. gs 1 OUGHTERSON BLDG. c 3 STUART. FLORICA 33494 F '"Pif `rC- - 5 X332 P~ 780