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HomeMy WebLinkAbout11395. '1 hat (a) in ~hc evcnt ~( any b~cach n( ~hi. mor~Ra~c ~r ~Ic(iult on ~hc ~-i~t ~d thc \I~~r~~a~;or. ~r (h) ii~ th~• cvcnt auy ot ~aid sumc of moncy hcrciu rc(r~~ccl ~o I~e net p~omptly an~l tullq ~~~id w•ithiu~Qilay. ncri altcr ~hc v~mc ~c~•crally hc- . come due and paYablc, without dcmand or notice, or (c) in the cvent cach and evcrv ~hc .~i~iulatiou~. a~rci•mcut., cunditinus and covenants e[ said promicc~ry note and this mor~gage. anq or either. are uot ~1ulv, ~,rom~,~ly an~l (ully per(o~mc~L di~- charRed, executed, t(le~ted. ~ompleted, complicd wiil~ and ahi~lcd bq, ihen, in cithcr ~~r .i~y such e~e~~~, ih~ .ai~l aR~r~~ate aum mentioned in said promicserr n~te ~hco rrmainiaR uupaid, wi~h iutcre.t a~~ru~•d, and ali money~ .rcurc~l hcrcM•, .1~:~11 be~omc duc an+l payal~lc turthwith. or ~hcrea(ter. at the npti~~u nt wid \I~r~~;a~ee. a. lull :~nd cnm~~lctel)' at il .~11 ot the said sums of moncy were originally stipulated to I~e paid o~ such day, anything in said promissory note, and Jor in this mon- RaRe tn ~he contrary n~twi~h~wndinR: and thereu~n or therc:~(tcr at the opti~~~~ ~~I ~iid \I~~rt~ificc. wi~hout nu~i~c ~~ dc- mand. suit at law or in cquitv, thc~rt~-(orc, or thrre~(ter FxRun, may I,e pn~.~•~ u~cyl a. i( :~11 mm~c~c .c~ ure~t I~crchy hacl maturccl ~rior lo itc institution. i. That in thc cvcnt ~hat at the bc~inninR o( or at any timc p~ndin~ am .uit u~-nu ~hi~ m~-~t~;a~i. ur In f~~cil~~.c it. or to re[orm ic. and/or to entorce paymrnt o[ any daims hcrcundcr. ~:~id ~I~.r~~a~iY•.h.~ll apph• u~ ~hc ~~~uri I.a.~iu~ juri•~li~~i~.n therm( for the ~n~x~intment ~( a Rc~ci~cr. ~uch murt shall (orthwith ap~-.~iiit a Rece~.rr nt .~~~1 nu~n~:iGc~l ~~mp~nr aU and sin~ular. indudin~ :ill and si~~y;ul~r tl~c rcius. incomc. pro(its. i.cucc and ~cvcnucc frnm w~~a~c~c~ u~urc~ ~Icrive~l. ci~li and ea•ery of Mhich. it Ixin~ cxpre,sly w~~tcr.t~l. ie h~rel~y mortRa~ccl as i( s~-ccifi~ally sc~ fnrih an~l ~Icuril-c~l iu the ~rintiuR and habendum clauses herent. and wch Receiver ahall haa~e all the broad and rt(ee~i~c (uu~~ini~. an~l ~u~w•ers iu au~wi~e entructec! br a court to a Reiei~•er. an~l wch appniutment shall be made by .u~h c~urt ic an admi~tnl i•~~ui~v ai~d a ma~:er o( ahw~lutt riRht to v~i~l \InrtRaRrc, and withoiu rc(crcncc to the adc~~uacy ~r iuadcquac~• nt thc vah~c ol ~h~ ~~ro~K•ny mora ~a~cd ~r r~ the s~h•cn~~• or nw~hcncy n( wid \lort~~~~-r andJor ot ~hc dcfcndinic. :~ml ~h.~i •u~h rei~t . ~~ndit•. iui~-inc°. i- sues auJ revrnuts shall he applied by .u~l~ Recei~•et accordinR tn the lien ancl,'or eyui~y o( ~.~id \(nr~~a~ee and tl~e prac[ice of such cnun. xribed am addi~ional loaus or (uu~rr ad~anccs mack within twcuty ~•ea~s (rom datc hcrcnf b~ ~he mnr~ :~ ~ mortRa• Ron or any suucssor in title oi siid mort~a~ors of th~ propcrty hcrcl-y conveyecl: pmvid rwt-t ~otal unp~id balance o( tne inuenteeiness secureU herci~y at anr one t~me shall not max~mum pnncipal amount ol ._.._ .. - --- .. .. ... . ... .. . . Uollan (; -- ---_-- -. . - - - -. } . plus interest thcrron aud any disbursem y the mort~agee for the payment o[ taxes, levies or insurance on the prope:ty tncumbered hereby, ....__~. ..- -•._., a:-~--•---~.__._ IN ~1'17'!\ESS WHEKEOF, thc said ~IortRagor has ezecuted this murtgage uudcs seal on thc day and year hercin tint abo~•e written. ' Signed, staled and delivercd in the presence o(: ~ ~ ~ - - -- ~ - - -- ... -~ - - - -.. - ~~ ` j `~:,~y~~~!~' Z/._ sTnTE oF . FLORI_DA _... .. _ . ._._. courrv oF I!iARTIN . ~ S` Bc(orc me personally appeared __ JAAIES_ PETERS ~ J es Peter , ~ , ~ ~~.~~~ Lesley Peters" and LESLEY PETERS to mc well know and known to mt to be thc individua~ . dacribcct in ~nd vch~ cxeYUtcd tt~e [nre~oin~ in~trument, au~t acknowled~ed be(ore me that thcj' executed the same tor the purpous tl~erein expr~+wl. •.,,~~~~~~,~, WITtiESS mr lund and o(ticial seal this _.~ 7.~~1.... day of February ......_ ..._._ . 193$1, ~~''., OF' Bc(ort ~IL~Qer and -- - -- ~ sonally appearcd knnwn to mt to be the .. .. ._ ~ rcspccti~•ely of tc. ~ ~= S~ , . ..... ..~.; --., ~. o ~ r, , -- - ~ . ~ -- - ~ ~t ~_ \nta~v l ul-lic in nd (~r , ~ ~ ~j .~ = thc G~unn an~ ~~tc :~(ortsaid. ~ ~ ~ }-- ~ t.j : j ' ~ly commi.~i~ ~ •x~ires: '~/2l~ L ~ ~ ~ s ~ n . j: 1~7~ -IA~I i 2 ~'1 ~' ~ 0 . _ ~ . ' ' - -- -- --- ~ '' 52t~13. s ,~i,~ ~ `t `~'~~' ~. ,t~~~`~~~~~,~ _... . - ---- ....--- - FK IQCUI~ CG;1R:~ President and ..._..,_,.~{y.~.,~ . .,_ ~ ~~--- - - -._.. .. _ . .. , to mc wcll lnoMn and . Sccrc~ary , the cor~rati~n named in Q~e (oreRoinR instrument, ~nd kuown e to be the'ICTS~l11S NIlO ~s such officers ~~( wid cur~-~~ra~ion, execured the samc: and then and tl~ere ~hc wid and the said -- ---- --•-~---------•----~ .._-------- ----- •- • - - ---- ------------•-------------~ -- --- ----- - --... did acknowlcdqc bc[ort me that said ins~rumcnt is the frte ut and d~ed nt said corpontion by them rc~pccti~cly . utcd i~ .u~h olliccn r~~ ~r~~ ~~-,<<N..~, thcrc- in exprcc~cd: that the s~al thcr~unto aaachcd i~ the corpnrate seal by ~hcm in li „ci~v a(fixc~l: :~II ~m~icr ~uih~~ri~v in th~m duly ~•estcd by tht Board of Dirccton of said corporation. ~~'I'TNFSS m}' hand an~t official stal this .. .... ...... . da}• o( __ :~otary ~'ublic in a~~d for thc (',ouru~• an~l Statc A(oresaid. ; _ . . ~ ~ . _ . - ._. - . _ _ ~^'.;k350 e~~~.i3~ . 19