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HomeMy WebLinkAbout0217 d. That (a) In ths event ot any breach ot thia mo~tgsge or detault on the pa~t ot the rtortg~~or, or Ib- tn the event any ot said aums ot monev here~~ ~eterred to be not promptly and fully peud w~thin Sd days next atter the same seve~tlly become due and p~yable, v~nthout demand or not,ce, or ~cl ~n the e~•ent each ~r,d every the atipulat-ons, ag~eements, cor~d~t~ons end rovenanta of s1+d prom,ssmy nute and th~s murt~age, an}• or eith~r, are not duly, promptly and [ully prr[o~med, discharged, executed, etfecteJ, completed, compLed w•ith snd abided by, then, ~n c-the~ or any such event, the sa~J aggregate sum mrntionc~i ~n sa;d prom~ssory note thcn rcma~ning unpaid, H~th mtrrest accrueJ, and all moneys aecure~ h.reDy, shaU becume due and p.-~•able torth~v~th, or ihere- stte~, at the opUon of sa~d ~tortgagee, a~ (ully and c~.mpletcly~ as ~f all of the sa~d sun,s of money w•ere ong,nally at~pulated lo be pa-.1 on such Jay, anything ~n ~u~d pronu;sor~• nnte, ami or -n th~~ mortcbee to the contrarv nnt_ w~.~~~tauu~ug, s,~u ii~creupun ur inr~eaiter a~ cne opu~~n ot sacd atort~;agee, ~~•ith~ut not~ce_or demand, auit at law or in equity, theretofore, or thereafter begun, may be prosecuted as i[ all moncys secured hereby had matured pnor to its ~nstituuon. , Z. That in the event that at the beginning ot or st any time pending any suit uF,on thls mor_gage, or to foreclose it, o~ to retorm it, and!or to enfo~ce payment ot any claims hereunder, asid Diortgagee ahall apply to the court Aaving junsdiction thereot [or the appointment ot a Recer~er, auch court shall forthwith appo~nt a Receiver ot sald mortgaged property all and a~ngular, inclu~ing ali and singular the reRW. Income, prot~ts, lasues and revenue~ f~om whatever aource derh~ed, ea.•h and e~•ery of «•h~ch, it being expresaly under~tood, !a hereb) m~rtgagPd a.s i[ epec-t~raUy set forth and descnted -n ihe ~n~nting and haDendum clauses hereof, and wcA Receiver shall have all the broad and etiect~~•e fun~•t~nns and ,~u~c~ro u~ xn}•w•~se entruated by a court to a Receiver, and such appmntment shall be made by auch cuurt a~ nn admltted equity and a matter ot ab- ~olute right to said biortgagee, and without re[erence to the adequacy or inadequacy of the value of the prop- erty mortgaged or to the aolvency c+r insolvency ef ~a~d rtort~aRor and'or of the detendanta, and that auch rer.~i, protiW, income. ~s~uea and rP~~enuea shall be ai~pl:ed by such Receicer according to the lien and; or equfty of aaid Mortgagee and t:ie prnctice o[ such court. SEE BALLOON CIiAUSE BEL0~11. above escn ~~ itional loans or future advances made within tw~rnty years trom date her~~,f by thc~ mort~;a~ec to ~aid ~taortRagors title ~~f said mortgagors ot the prupert}~ nereby conve}•ed; prorideil that th~ tota! ~mpaid baiance of the ~nde ,. ereby at any one time shuli noi _•xcecd the max~rnum prin,~:;~al amount of Dullar5 (S ), plus interest therean and any d~sbursements made by the mort~agee a~•- IN WITNESS WHEREOF,•the aaid Mortgago~ ha~ executed this mortgage under aeal on the day and year hercin fint above w~rittea ~, 9igned ~e ~ ered ~n the pre~ence ot: . ~jj~ ~ ~(/~ ~/~ - ._..... .. ......_ . ~~:. ~!4~:4: ~•. ~: i!4.ti.... ~/i.a!!r'~~.---.. ..---• ~ THIS IS A BALLOUN MORTGAGE AND DUE UPON MATURITY IS $148,950.35,, ANY, AND ALL ADVANCEMENTS MADE BY TiORTGAGE . THE FINAT PAYMENT OR THE BALANCE TOC;ETHER FIITH ACCRUED INTEREST, IF TNE MORTGArEE UNDER THE TER*;S OF THIS sTwrE oF.:.Elor-ida ......................~~ _. a Covx~t~r oF. Ma-~ ~ i~ .............. ...~-- - Betore me per~onslly appeared-----------------DAN.I.EL...:ICLIS.'!'ER...........................---...._.....------._...---- ---------------~---- ..----•----~-•-•---------------•-----~-•---.......--------- --..._....-- - .._...----~------ ~-- ~----- ~ ------------.._._........._..... - ~ ~- ------.....--~~- - .._.._...------~-----~~----~~---------~---~--.. to wn and kno~vn to m~ to !+e the 1r.dividual ... descnbed ~n nnd w•ho executed the foregoing ln~tru- m _ wledged before me [hat ._. he ... executed the same for the Durpo~ey therein expresaed. , .; • .~~ • ~ Q ' ' •' •, - t t, y S my hand and ofLtctal seaf this_ .~..-- ••-•"••••-day ot- --•° -••--- •-•-•-~-----•--........., ~9....Ll. ~ . . , • .:~j'. , , ., _ ., . . ~ f . ~ , . •t' ~ : ..._ . ._. . . ... , . ..._......._ .... .... . .. ...... --•- - - - - - -- ` ~• , Notary or , ; ~ ~ th and State Atore~aid. ~'. ' ~ty cnmmie~ion expiree: ~~.~~-oF .................................... ..... _. ~Nn- ru~uc si~ a rt+ot~a+- ~T w~ co~t~rrsr oF------------ ---------~~-----~---...----~-~-~ ~~. O~ f~ONiRMS Yt. N t~-q ~-r9-fs~ 'MI ~~Al Ni. MOaMRI'f1~ Beforo me personally appesred --~-• --- - -...-- -•-~--. ... ~--~----•-•-----••--~ ..............•----•-•...._.............._..-°--.._..•--......_..._....-•-•••-•-_ usb ............ ....... ..•--......__......._....--•••---....-•----..._._..--•-•-----•...••----••---._.~._._. ~ Lo ms well knou;s aad known to me to be the---•.........••-...••-•-•-•......_..._. dent and.--•--•--•••-••-•-•...•-.•---••-- •-•-°.............---.._..-- ••••----....--•- Secretar~ re~pective of ............. ....._---- .. - ---.......--•---.......--~---...... ._....---•_-•••••--.....-•--•-•...__.__..._.....•--•-•-••••••••-•---•---••-- the corporstlon named in the egoing instrument, and know~n to me t e ths persons who as sucA ott7cer~ ot corporaUon, e:ecuted the aame, and then and Lhere the ~~1d ..................- -•.._......................---...--•-•-•-----••-----•--...........-•-..._._.aab~the sfd --.......- •~ . ........................... .........-•._.._...~.___._,....._.~~..~----------.. ..------......._._dfd acknowledge befors me that sald tnstrument la the tree act d deed of sdd corEwratlon by them r ctively executed aa auch ottlcers tor ths purposes therein expressed; hat the seal ihereunto attached f~ the orporate ~eal by them tn like capacity af- ti~ced; all under Ruthortty 1n them duly veated by the Board of Directo of se~id corporatlon. WTI'NE.S9 my husd aad oftlctal ~eal t2-ie ...........•--•--._.._._day of_...,--•-••.•••-•-• ..................._........._.__.., 19.._._ --•••-.-•-•-.--.-.•••--•.~......-••...... --•--.....---•••------------- -•--- Notary Pubifc in and for the County and State ASoresaiA. My commlesion e:pirea: a~~x351 ~~cf 216