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HomeMy WebLinkAbout2681 6. That (a) in the event of any breach o( this mortgaqe or d~(ault on the part ot the ~lonRaRor, or (b} in the e~•ent any o( said sums o( moner herein rc(encd to be not promptly and (ully paid within tcn da)s next a(tcr ~l~c samc teverall~~ be- come due and payable, without demand or notite, or (c) in the event each and ever}• ~he stipulations, aqrccments, mrditions and covenants ot said promissory note and this mortgage. any or either. are not duly, prompily and (ully perforined. dis- ch~rged, executed, ef(ected, complettd, complied with and abided b~•, then. in either nr auy such e~~ent. the said aRgreRate wm mentioned in said promissorv nott then rtmaining unpaid, with interest accrucd, and all moneys ~ecured t-ereby. .hal1 become due and•payable torthwith, or therea[ter, at the option o[ said ~tortRaRec, as (ull aiid completely as it all ot ihe uid wau of mone~ ~rrre originaUy ~cipulaced co be paid on such day. anrthing in uid promissory note. and/or in chis mort- ~aRe to the contrary notwithstanding: and thereupoo or thereatter at tht option of said \for~RaRet, without notice or de- mand, suit at law or in equity. thereto(ore, or therea(ter begun, may be prnucu:ed as i( all mo~~eys secured herebq had matured prior to its institution. 7. That in the event that at tht beginning of or at any timc ptndinS am• suit upon ~hic m~rt~aRe. o: ~o (oreclosc it, or to reEorm i~ and/or co enforce papment of any daims hereunder, said VortRaQre shall apph• to the court hacinR juri.diction thereot for the appointment ot a Recti~•er, such court shall forthNith appoint a Receivcr o( wid mortRaRed propert~ ali and sin~{ular, includinR all and sinqular the rents, income, pro(its, icsuec and n~•enues (rom whate~er u~urce deri~•ed, each and t~•ery ot which. it beinR expressly undenux~d, is hereby mortqaqed as i[ speci(ically set forth and deuribed in tht Rranting and habendum clausts hereof, and such Rectiver shall ha~•e all the broad and effecti.~e function, and por.~rs in am~.iu entrusted by a court to a]teceiver, and such appointment shall be made b~• +uc~~ court ac an admi:ted equin~ and a mattrr o( absolutt ri~ht to said \[ortRaRee, and Mithout re(ercnce to the adec~uacv or inadequacy of th~ ~•aluc of the propert~• mort- RaRed or to the soh•encv or insol~~enc~ ot said \tonqaRor and.or of che ct~(endan~c, and th.,t wch rent•. ~xofits, ineome, i•- sues and re~•enuts shall be apPlicd by wch Rtceiver acmrdinR to the lien a~-d,'~r equit~~ ot wid ~IortRaqee ar~d the practite of such court. R. lt is undentood and agreed that this mortRaRe is qi~•en to secure, in actdition to the note or obliqation abov~ de- xribed any additional loans or future advances made within tMent~~ ~•ears trom date heren( b~ the mortRaRee to said mortqa- gors or any successor in tide o[ said mortgaRors of the property hereby com•e}rd: pro~•idrd that the total unFaid balance o[ the indebtedne~ secared hereby at any one time shall not excecd the maximum principal amount o[ - _.. .- .-_-.--_--- ---- ---------- ' --.-- __._._N A-------------- _ Dollan (S ----.-_-----.-------.--_ ), plus ~ntercst thercon and any disbunements made by the mortgaget for the payment of taxes, levies or insurance on the property entumbered hereby. with interest on such disburuments. IN ~1'1TNESS WHEREOF, th~ said \tortgaqor has executed this m~rtgaR~ under seal on the day and ~~ear her~in first above written. Sign , sealed and deli~•e in e pre ce of: i~ . . , "' WINIF ED W. KO B~LAK ~ __~~.~_ .C~. ___1: _ ---- - - -- 522514 ' isa~ ~~ - - i r~: ~ o0 STATE OF - -- - FLQRIIIA - -- - ---- - - - -- COI.'N7Y OF i4`1L~.R1~ _. ~ sc. ~~; c( s1i ~~ t:~rt :: -_-... • S, ~ ~.~~F i' ~'.'V •. Y. :.- -- Be[ore me personally appeared ._ _WItiTIFRFD .j1'_, KQRBELAK L`4t~~~R C~~j C`~S~ ~ ---------------- ---- - - --- --- _ - ~ : ~ - to mt wdl knoN and known to mt to bt the individual _.. descsibed in and wha execatcd thc forcQoing instrument, and acknoMledqed beforc me that S3t~e ~xecutcd the same for the purposes therci~~ expr~s~ci. . _.. ' 1~'IT\ESS my tund and ot[icial seal this :.'~._ da~• ot ~:;--.-~ ._<1 --~ ~_. ;,.I9~8~ STATE OF - _ -- - - - - COUNTY OF ss. Beiore me personally appeared ____._ ..__ ,~ . ~.. , ? • ~~ _ ` --- -y - •--='~. __ - _;~~ _ '.~otary Publit in a~ (or ~ the Count~• and State ?~toresaid. ; ~ ' i ~iv commission expires: ~ ; .. f k~y ~: ~ -:~ ~ ,,, ' ~ ~`. fs 'J . . . ~. _Y . . ~ ~t _~ and __ _ -- -- - -- -- _. - ---------__ _ ___ _.. -- ------- --- -- - - - _ , to me wdl knoMn and known to me to be tht _._--__..- - President and -------_--- -_--- -- __ _ .. Secretary respeceively ot - -_ - - --- --------- -------------- ----- -- -- _ . _ , the corpora~ion named in the foregoing inatrum~nt, and known to me to bt the persons who as such officers o( said corFwration, executed the same: and then and there tht said _._._~__..._____________.. ______. __ _ and the said -------•------- ---- -------- - ------------- did acknowlodgr bcfore mt that uid instrument is the free act and d~ed of said corpontion by them respecticely executed as wch o((icers (or the purposes there- in expressed: that the xal thereunto atached is the corpor~te seal by them in like capacit~• affixed: all under authnrit.• in them duly vested by the Board o( Direccon ot said corpontion. WIT:~ESS my hand and otficial seal this ._..-------__--.. da} of __ _ . 19 Notary Public in and (or the County and State Atoresaid. My comm~uion exPires: L`I.~~\351 f ~~tl+vV~~