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HomeMy WebLinkAbout0611 6. That (a) in the event of any breach of this mortgage or default on the part of the :Mortgagor, or (b) in the went any of said sums of money herein retetred to be not promptly and Cully paid within ten da}•s next after the same severally be- come due and payable, without demand or notice. or (c) in the event each and every the stipulations, agreements. conditions and covenants of said promissory note and this mortgage. any or either, are not duly, promptly and Cully performed. dis• charged, executed, effected, completed. complied with and abided hy, then. in either or any such went, the aid aggregate wm mentioned in said protissory note then remaining unpaid, with interest accrued, and all moneys secured hereby. shall become due and payable forthwith, or therea[ter. at the option of said Mortgagee, as full and completely u i[ all of the aid sutras of money were originally stipulated to be paid on such day. anything in aid pmmiaory note. and/or in fhb mort- gage to the contrary notwithstanding; and thereupon or thereaiter•at the option of said Mortgagee, without notice or de- mand, suit at law or in equity, theretofore, or therea[ter begun. may be prosecuted as it all moneys secured hereby had matured prior to its institution. 7. That in the event that'at the beginning of or at any time pen<IinG any suit upon this mortgage. or to foreclose it or to reform it. and/or to enforce payment of any claims hereunder. said Mortgagee shall appl}• to the court has-ing juri.dictiott j thereof for the appointment of a Receiser. such coup shall forthwith appe,ine a Receiser of said mortgaged property all and singular, including all and singular the rents, income, profits, icsuee and revenues from whateser source derived, each and ~ • esery of which. it being expressly understood, is hereby mortgaged as i[ specifically set forth and described itt the granting and habendum clauses hereof, and such Receiver shall hase all the broad anel effective function. and powers in anywise # entrusted by a court to a Receiser, and such appointment shall be made by such court as en aclmittecl equity and a matter of absolute right to said \lortgagee, and without reference to the adequacy or inadequacy of the value of the property more- J gaged or to the solvency or insoh•ency of said Mortgagor and;or of the defendants, and that wch rent-. profits, income, i.- sues and revenues shall be applied by such Receiser according to the lien attdjor equit}• of said kortgagee and the practice ~ of wch court. ~ i R. It is understood and agreed that this mortgage is gis•en to secure, in addition to the note or obligation above de- scribed any additional loans or [uture advances made within tsvent}• s•ean fmm date herrnf by the mortgagee to said mortga- goes or any successor in title of said mortgagor of the property hereby conseyed: pros•iclyd chat the total unpaid balance of the indebtedneu secured hereby at any one time shall not exceed the maximum principal amount o[ _ - Dollars (S .plus interest thereon and any disbursements made by the mortgagee for the payment o[ taxes, levies or insurance on the property encumbered hereby. with intemt on such disbursements. 3 THIS IS A BAIILLppO;;ON MORT~IGIAGEAAND TEHEiiFINALSSPAYIMEENT OR THE BALANCE DUE UPON MATURITY IS 563,O~gRQ~AGEE~~~~~ TFfEHTE~I~UOR TNI~-1~ORTGAGEANY, AND ALL ADVANCEMENTS MADE BY THE IN WITNESS WHEREOF, the said Mortgagor has executed t - mortgage uncle 1 on the day and year herein tint above written. Signed sealed a delivered in t presence oL• - ~ / ~ - P ric~a C.~ Tornpson~ - Roy . Uud~Qy ~ STATE of ---FLORIDA-------------------------------- - e i COUNTY OF _~0.~.r'Y'1_ ~et~ch__._._-_-__ ss. Olive L. Dud ey Before me personally appeared _..JOHN--R. _TOMPSON and PATRICIA C. TOMPSON, his wife-.. [ t I to me well know and known to me to be the individual 5- described in and who executed the foregoing i~iusument, aced acknowledged before me that .thy-- executed the same for the purposes therein expressd. - ' ; ; f - ~ WITNESS my hand and. official seal this day of ---Ju~y. . ' ' -;1-._----- x-19 _ = f I 2hotary Public in and for - = , ' J . -p the Cooney and State Afon~iRl:.' Q Ev i vlty commission expires: - ~ a Tit ~ ` . ~ NOTARY PU6L1C STATE C1f npRIDA i1T• STATE OF _ ~ u MY COM,MISSIOPJ EXPIRES $EPT 11 198~3~ COUNTY OF da`IDfD JHZU GENERAL INS, Ur~1cyVIt11ERS Before me personally appeared - - ' and - - - . co me well known and l known to me to be the - President and - - . - _ Secretary respectively of - - - - ,the corporation t Y named in the foregoing instrument, and known to me to be the persons who as such of[icen of said' corporation, executed the same: and then and there the said - - . - - and the said _ - did acknowledge before me that said Q, j instrument is the free act and deed of uid corporation by them respectively executed as such otticerc for the purposes there- ~"t~ in txpressed: that the seal thereunto attached is the corporate seal by them in like capacity affixed: all under authority in them duly Bested by the Board of Directors o[ said corporation. a WITNESS my hand and o[ficial seal this day of . , 19 Notary Public in and for the County and State Aforesaid. • rfy commiuion expires: . BGIOK JJU PIKE 61O _ N_ - _ - _ ,t = _ _ - - _ ~ J_ .