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7. That in the event that at the beginning of or at any time pending
any suit upon th is mortgage or to foreclose it, or to reform it, and/or
to enforce payment of any claims hereunder, said Mortgagee shall apply
to the court h:.wing jurisdiction thereof for the appointment of a Receiver,
such court sh,111 forthw ith appoint a Receiver of said mortgaged property
all and singular, including all and singular the rents, income, profits,
issues and revenues from whatever source der-ived, each and every of
which, it being expressly und~rstood, is hereby mortgaged as if speci-
fically set forth and described in the granting and habendum clauses
hereof, and such Receiver shCJll have all the broad and effective func-
tions and powers in anywisc entrusted by a court to a Recciver, and
such aopointment shall be made by such court as an admitted equity
and a m:1tter of absolute right to said Mortgagee, and without reference
to the adequacy or inadequacy of the value of the property mortgaged or
to the solvency or insolvency of sa id Mortgagor and/or of the defendants,
and that such rents, profits, incomc, issues and reve:nues shall be applied
by such Receiver according to the lien and/or equity of said Mortgagee
and the practice of such court.
8. To duly, promptly and fully perform, discharge, ex~cute,
effcct, complcte, comply with and abide by each ~md every the stipu-
lations, agreements, conditions and cov(:nants in said promissory note
and in this mortgage set forth.
9. It is mutually covenanted and agreed by and between the Mortg-
agor and the Mortgagee that this mort gag,-' and the note seclit'cd hereby
constitute a Florida contract and shall be construed acconling to the l:lWS
of that State.
10. To give all of the citrus fruit trees located upon mortgaged property
all the cultivatic..n and care necessary for the production of good and marketable
crops of fruit during the continuance of this mortgage; and, in the event of the
failure of the mortgagor 80 to do, the mortgagee is hereby authorized and em-
powered to enter upon the said land for the purpose of caring for and cultivating
the trees, and harvesting any or all of said ft:..J.it crops, and any sums so ex-
pended shall bear interest from the date thereof at th::: rate of five per cent per
annum and shall be repaiJ by the mortgagor to the mortgagee as an additional
obligation of this mortgage.
11. It is mutually understood and agreed that the North 200 feet of the
Eas t 200 feet of the mortgaged premises has a fair market val ue of $ 39.000.00
and it is further understood and agreed that any time after D~cember 31, 1961,
so long as no default exists under this mortgage and the note secured hereby,
the mortgagor may obtain a release from the lien and operation of thi.s mortgage
of the above described property upon payment by the mortgagor unto the mort-
gagee, the sum of $30,000.00, which, when so paid, shall be applied $10,000.00
to the then next ensuing payment of principal and $20,000.00 to be prorated in
equal proportions among the thereafter remaining pri....lcipal payments.
.