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6. That (a) in the event of any breach o[ this mortgage or default on the part of the ltlortgagor. or (b) in the event any
of aid wms of money herein rt[erred to be not promptly and fully paid within ten days next after the same sevtrally be-
came due and payable. without deteand or notice, of (c) In the event each and every the stipulations, agreements, rnnditions
and covenanu o[ raid ptomiwory note and thin mortgage, any or either. arc not duly. promptly and fully performed, dis-
charged. extcuttd, eE[tatd. completed. complied with and abided by. then. in either or any such event. the said aggregate
stem mentioned in said ptomisary note then remaining unpaid, with interest acaued. and all nwtteys secured hereby. shall
become due and payable forthwith, or thereafter, at the option of said llfortgagee, as [all and completely as it all o[ the
said tams of money were otiglnally stipulated to be paid on wch day. anything Ia aid pt»miaory note. and/or In fhb wort-
gage to the rnntrary notwithstanding: and thereupon or thereafter :t the option of said Mortgagee, without notice or de•
wand. suit at law or in equity. theretofore, or thereafter begun, may be prosecuted as if all moneys secured hereby had }
matured prior to its institution.
7. That in the event that at the beginning of or at any time pending any wit upon chic moriRage, or to foreclose it, or
to reform It. and/or to et?force payment of any claims hereunder. said Mortgagee shall apply to the court having jurisdiction
thereof for the appointment of a Receiver, such court shall forthwith appoint a Receiver o[ said mortgaged property all and
singular. including all and singular the rents, income. pmfitt, issues and revenues from whatever source derived, each and
every o[ which. it being expressly understood. is hereby mortgaged as iE specifically set forth and described in the granting
and habendttm clauses hereof. and wch Receiver shall have all the broad and efRctive functions and power in anywise
entrusted by a court to a Receiver, and wch appointment shall be made by such court as an admitted equity and a matter o[
absolute right to said Mortgagee. and without reference to the adequacy or inadequacy of the value of the property mort-
gaged or to the solvency or ittsolvenaJr of said rtottgagor and/or of the defendants, and that wch rent, profits, income, it
sues and revenues shall be applied by wch Receiver according to the lien and/or equity of said Mortgagee and the pnctice ~
of wch oout•t. -
R. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation above de-
scribed any additanal loans or future advances made within twenty year from date hereof by the mortgagee to said mortga- !
goys or any :attestor in title of said mortgagors of the property hereby conveyed: provided that the total unpaid balance of
the indebtedness secured hereby at any one time shall cwt exceed the maximum principal amount o[ _ #
TWQ-HUNDRED THOUSAND AND-_NO/100---. ( _ plus interest thereon and any ~
Dollar f--Z~.~a~Q...O.Q_._---- - ~
disbursements made by the mortgagee [or the payment of • taxes. levies or inwrance on the property encumbered hereby, t
with interest on such dtsbursementa.
4
IN WITNESS WHEREOF, the said mortgagor has executed this mortgage under seal on the day and year herein tint f
above
Si ed. ed and delivered a nee oL• s~~'~~"~'aryr~
SOTOLONGO DEVELOPMENT CORPORgJ ~f ~
BY - ~ 7~ 'V
- -~-LL~-~ Tony Soto ngo, Its s i _ Nt~ ~ i .c
STATE OF ~ ,
- ,
COUNTY OF . sa ~''~~,~~,,,.~~`ss~~ ~
' f
Before me personally aPPe~ - - _ . - -
to me well know and known to me to be the individual, described in and who executed the foregoing instrument, -and
acknowledged before me that . he-_- executed the same for the purposes therein expressd.
WITNESS my hand and official seal this day of _ 19
A'oury Public in and for
the County and State A[oresaid.
- 11fy commission expires:
srATE of FLORI DA - - _
couNTY of _ MARTIN.-`.---_ - ` ~ :s.
p~ y ppt TONY SOTOLONGO
Be[ore me Hall a aced -
~ - . to me welt known and
known to me to be the President ildrdC -
~ _.-SOTOLONGO DEVELOPMENT CORPORATION
.the corporation
named in the foregoing instrument, and known to me to be the persons who as such officer of said corporation, executed
TONY SOTOLONGO
the same; and then and them the said
did acktawledge before ~ that said
instrument is the tree act and deed of said corporation by them respectively executed a: wch officer for the purposes there-
in expressed; that the seal thereunto attached is the corporate seal by them in- like}-r ~ffixed;• a!1 under authority in -
them duly vested by the Board of Director of said corporation. - ~
WITNESS my hand and official seal this ~ des of ___...-__:.Sfi~tOp,•~ f
~
y ~ ! .'s-- - ...1980
• n
~ ~ +
~ .
My to '~~t~fsaid.
` fWRIQA AT tJ1ttG•
• tIAY CQiYIw?tSSIt~AI EbIRg Nt. ZO 1952
_ - -