HomeMy WebLinkAbout0323 6. That (a) In the event ot any breach ot this mortgage or detault on the part ot the rfortga~or, or ib) In
the event any o( snid sums a[ raone}~ herein referred to be not promptly and fully paid ~ti•ithin ten days next
atter tlie same se~'erally becoene ~lue nnQ payable, withuut demand or notice, or ~c) in the et'ent each and e~~ery
the stipulations, akre~m.nts, conditions nnd co~•enante oi said promissoiy no[e and this tnortgage, any ur either,
are not duly~, prwnptly and fully performed, dischar~ed, executed, e[fected, completed, complied wilh and abided
by, then, 'sn either or a!iy such e~~ent, the s~?a~1 aY~re~ate sum m.~nlion•-d in said prnmisepry n~t? then remauung
unpaid, ~vith int~rest nccrued, and aIl moneys seciu~ed h~•reby, shall became due and pa~~able forth«~ith, or there-
afler, at the option of said \tortgagee, as fully and completely as if all o[ the said sun~s of money ~ti•ere orlginally
stipulated to be pai:i on such day, ~n~~thing in sflid promissory ~iote, und;or in this mortgage to the contrary not-
withstanding; and thereupon or thereafler ai the option of said :~Iortgagee, ~~•ithout notice or demand, suit at
ln~v or in equity, iheretofora, or thereafter begun, may be prosecuted as if all ~no:~eys secured hereby had matured
prior to its institution.
Th~t in the event that at the beginning of or ut any time pending any suit upon this mortgage, or to
foreclose it, or io refor~n lt, tu?dior to enforce payment of any claims hereunder, said riortgagee shall apply
to the court having jurisdiction thereof for the appointment of a Fiecei~•er, such court shall forth~vith appoint
a Receiver of said mortgaged property all and sin~ilnr, including all und singular the rents, lncome, profits,
issues and re~~enues from whntever source deri~~ed, e~ch and e~•ei•y of ~vhich, it being expressly understood, i~
hereb~~ mortgaged as if specifically set forth an~l ciescribed in the ~r:inting and habendum clauses hereot, and
such Receiver stiall have ali tlie broad nnd effecti~~e functi~ns and po~~•ers i~i anywise entrnsted b,y a court
to a Receiver, a~d yuch appointment shall be made by such court as an admitted eq~ity and a matter of ab-
solute right to said I~tortgagee, and ~~rithotit reference to tlie adequacy or inacieqtiacy of the value ot the prop-
erty murtgaged or to the solvency or insolvency of said riortgagor and/or of the defendents, and that such
rents, profits, income, issues and re~•enues shall be fll,plied by such Recei~•er according to the lien and/or equlty
of said I?iortgagee and the practice of such co~rt.
8. It is ~uiderstood and agreed that this mortgage is given to secure, in addition to the note or obligation
abo~~e described any additional loans or future advances made «~ithin twenly ~•ears from date hereof by th2
~nortgage2 to sai~l mortgagors or any successor in title of said mortgagors of tlse propert}• hereby conveyed;
pro~~ided that ihe total unpaid balance pf the i ebtedness secured hereby at any one time shall not exceed
the . ~ i rincipal amount of `I'I1I 2@ ~Ol1S.a,T1Ci _ _ _ . Dollars
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a plus interest thercon and any disbursements made by the mortgagee for the ~ay-
mrnt of taxes, levies or insurance on the property encumbered hereby~, with interest on such disbursements.
IN WITNESS ~VHEREOF, the sald hiortgagor has executed this mortgage under seal on the day and year
herein firet above ~vrltten.
Signed, sealed and delivered in the presence of:
FORT PIERC~ C~SPEL TABERNA:~L,E, INC.
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COLT:VTY OF.- - - . . . t •
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~ Before me personally appeared ~4~~..''~~ -
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~ to me ~sell kno~~•n and kr.o~sn to rne to be the ~ndividual.... descnbed ~n and ~vho executed the torego~n~
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~ ment, and acknowledged before me that ....he.... executed the same for the purposes therein expressed.;
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1 ~V1T~TESS rny hand and official seal this.._.._...-••~••--••--•••-•.day of ~~~.Yl _ s
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~ Notary Pub c in and for + ~.l. ~
~ the County and Stato Ato~s d. , ~ '
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~ FLORIDA riy co,m~t~s~~n expirea ~
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STATE OF--.••--••••••- . i~ttu.. ,
~ 1~~1&~~rr."•'~'~ '.~Y Comm;csicn ~xp;res Apri; 2'. .
1 COUNTY OF. ss. ,t~~
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~ Before me ~personally appeared..__...~G~~~'._...
~ and ..................•-••-........._.....•._............_........----•-••-•.........Y....••---•-----.._........_......._......_......--•-------..._......., to me well lu?own and
~ known to me to be the--•........._.._...-••--• ..............President ts~_.._....__................_....................._.............•••-•...._....._.._ flsor~ist~~
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; ~ ot FOR.T PIERC.E. GOSPEL. TABERNACLE~,.. INC...._....,..._..........., ttie corlwr8t~on
named in the foregoing inatrument, and known to me to be the perao~ who as such ofScerP of eai8 corparation,
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~ eaecuted the aame; and then and there the said_.......-•--•--•--- .............._.............._•------....................................._..aa~-e~4d
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~ ................................_.._......_..._---....w......_......-•-••--~•--,-~.._......_._......w..dld ackaowledge before me that safd
instrumen~ is the tree act and deed of said corporation by ~s- ~rc~~ty executed ch officerA for the
~purposes therein expressed; that the aeal thereunto attached is tha corporate seal by ~in like capacity ai-
fixed; all under suthority in ~kearduly vested by the Board o Directors o! sald corporation.
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! WI'PNESS m hand and olHcial 8ea1 th3a•-•• day of_...... . 19.~2~ i
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N CQ DED Notary Publtc in and for ~
F( ,A R E n 0 0 K tt~e Gounty ane stete Atoreaatd~ t~
~ - p 1 ~ ~ - My commission exgirea: _ : C' - _ ,
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, , ~ ' . : ~ST. ~UCiE COUNTY. 0 R 323
' ` - ' F~ORIDA BOOK
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