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HomeMy WebLinkAbout26706. That (a) in the e~•e~t ot any bresch o( this mongaqe or detault on the part o[ the 111or~qagot, or (b) in the cvent anY ot said wras oE mo~ey herein re(erred to be ~ot promptly and tully paid within cco days next atter the same severally be• come due and paYable, wichout dema~d or notice. o~ (c) in the evt~t each and every the stipulatiom, agrecments, mnditio~s and covena~tt o[ said pwmi~ory note and tha mortgagc. anr o~ eithe~, are oat duly, promptly and (ully per(ormed. dis- chary~ed. executed, et[ected, mmpleted, complied with and abided by. then, in either or anr such event, the said aggregate wm me~tioned in said pranissory ~ote then remaining u~paid, with ioterest acaued, and all moneys xcured hereb~. ~hall become due and payable (onhrrith. or thereafter. at the option o[ said rlortRaRee. as tuil and completely as it all o( the aid wm~ oE moaq ~rers o~ginaUy ~tipulaced w be paid on wch day. a~pthing in uid pmmisary noce. and/or in thit mort- gage to the contnry nawithstandinR: and thereupon or tht~eafter at the opcion ot said ~lortgagee, without notice or de- mand. suit at law or in equitr. thetetotore, or therea[ter begun, may be proxcuta! as it all moneys secu~ed hereby had maturcd prior to its institution. • 7. That in the event that at the begin~ing of or at any timc pendin~ any suit upon thic mortRaqe, or to toreclose it, or W teform it, aad/or to eaforce pxpoent of my daims hereunder. said AlortgaRee shaU applv to ~he court hacinq juri.diction thertof [ot tht appointment ot a Receiver, such murt shall forthwith appoinc a Receiver ot vi~l mortgaRect property all and singular. i~cluding all and singular chc rents, income. profits. icwet a~d revenucs [rom whaicvcr source derived, each and every ot ~vhith. it beinq expmsly understood. is heteby mortgaged as i[ speci(ically set forth and describecl in the ~anting and habendum clauses herco[, and wch Receiver shall have all the broad a~~f e[fecti~~e (unction. aud powen in anywise entrusted br a court to a Receiver, a~d such appointment shall be made by ~uch coutt ac an admittccl equity and a matter ot absolute right to said ~tortqagee. and without referente to the adequacr or inadequacy of the ~alue ot thc property mort- gaged or to the solvency or insolveoc~r of said \tortgagor and,'or o[ the de(endan~s, and that such rent•, p?ofits, incomc, i~ saa and revenues shall be applied by such Raeiver according to the lien and/or equity o[ said _~lortqagtt and the practice oE wch murt - . scribed any adtlhiowallpans or [uture advanca made within twenty ~•ean from.date hereo( by the mongagoe..~e-~ai6 mortga- gon or any successor in tide oT3aid-~ors of the propcny hcrcby conveyed: provid~.sl~at-ttfe total unpaid balance ot the i~debtedna~ sectired heteby at anr one time sha~Tllve-~~ts~~-ti~'tazximum principal amounc oE ..___.. _______________________.__ ---- -----------•------- --- --- ---- -.__ .-~.--r-~ - -...-~-- - •. Dollan ~s ---• -------•- --- ---~-~---- ----) • Plus incerrst thereort and any disbursemer~.,made-tt~c~e mortgagee for the papment of uxes, levies or insunnce on the N~vpersy~~ncumbered hcreby. t_ - _ IN K'ITNESS WHEREOF, the said Atortgagor hu executed this mongage under seal on the day and Zeu1~ abovt Mrilltll.. .• ~~.~~1 : av _f _. ', and deliver in th resente oL- ~-= ~------------- - - = - - -- - --- ~--•--v._~!_~--' •-----~~-- ---'------ -------- STATE OF __~-- ------ ---- - -- ---•-----------•------------- ss. COUN"1'Y OF - --... -• -- -~----- ---------- --------- -------- BO~K•J~ ( PACE~~,, ~.,, u ~,~ ~~'3~y:, ~ •,.. : Be[ore me penona117 ~PP~~ ---- -- ------- ------ - --- -- - - - - - - - - to me well tnow and known to mt to be the individual__ describcd in and Mho executed the tor~qoing instrument, and acknowledged before me that . he _ executed the same for the purposcs therein expressd. WITNESS my hand and o[Eicial sea! this __._ OCF.~~1N HA~OZJR -OF NOR[Ii BE~ ' - ---- QORPORATICN FlOri.da aD ' v ~ •; . ~ri. ~ 4 r ~ ~ , ~ ~~ ItS: Pr@Sl t ~ - 3~ . ' ~ da? oi -- - ~ ---- - . . . 19 . ...- ---- - - ---- ---- - - . _.. - --- - I~otary Public in and tor the County and State Atoresaid. \ip commission expires: STATE OF ___F10Yl,dd- - ------------ - - - --- ----~---- - COUNTY OF ----- ~~.--- ----- ----------•--- ss. Before me penonally appcared _----'I~~-,~~I~IC~-.-.- ~i~ _------ -- - - -- - -----.---_--_- . ---.--- - - . to me well known and known to me 1io be the - -------------------------- --._. President ~! ~---------- ------- ----- - ------------- -~ --- - - - - -- ~~ rapeccivdr oE ~--~R~F- H9 I~F1~Qi ~VF~P~r--~ORPQRA.TI~J -.----- . the corporation namtcl in the foregoing instrumen~ and knor-n to me to be the penons who ~s such o[ficers ot said corporation, executed the ume: and then and there che said . z~lY__ Sa1nI~TC~ ._.,~------------ --- ---------------------- ------------ ~ d'sd uknowledge beio~+e me that ~aid instrument is the (~ee act and deed o[ said corpontion by ihem rapecticely executed as such o(ticers for the purposes there- in acpressed: that the seal chereunto atc~ched is the oorporate seal by chem in like capacitr atlyceFc~-,;. {nder ~uthority in them duly veseed by the Board of Directon of said corpontion. .,;~••p;+~-,., ~,-;'~ WITNESS m hand and ofEicial seal this --~a ---. da of ---_._--.- . y~~~~,t; ~~~; ~"~ ' 19. 81 l' Y ~~~ / . ~~, -:f --- • ~ . : ~-j.''~:.,~..: ~ ~ -~:_: : ~~~`~~~x:"~"~~~~:~.x~ -r:~:~ _ ~ v~ .t~ . 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