HomeMy WebLinkAbout2596
- ST, LUCIE COUNTY. FLA_. thirty
d. 11at (a) b tM event oft. Yy breioh d this ao~t~~~ ore dr~wlt ors t1e poet et t~ tbet~ee ore (D) tra
tae swat say oft said sums of moaq beeaiat ret+wred to 6e sot pe~om~ty and A~lq- ptld wlde,Te asst
fitter tae acme Mwcalw beoosne due afad pyaWe, wltlont d~aad ee aotlo~ ee (e) is tba ewat eaai sad ewq
tae stipulatbas, ~w~ ooad-tloas lad ocwoants d said ncb sad tale awetsaser aver oe either
are sot duly. prompW ~ ~4 P~~~4 ~rd'e4 oomWeted. aaAplbd wft~ aed abides
q. tbsaa, m tale oe say such event, the safd ansKate sum msatiosed m eJd pnW~ cote then raoaWas
unpaid„ wits interest aoorwd, and ari morays secured . Saari become des aM ferthwtta, ee there-
atter, at tM Optiea o[ saW )I~OZZiajN. Y fuly and ~~ss~ee Y it ill oft the said sums of rlwae were oelsiaalb
stipulated to be paW m sorb dy, aglrthias V said pnomissoey note, and/otr d tail to ~ ooatraq aofr
wttastandtn~: ana tberwpoa or t~eattee at ts. option of seW oet~a~ wttba~t~~ ee demand. snit at
law oe la equity. theretolorer oe therralbe aia. may be pe~oseauLedY as It all moneys seoutrd Deeelp sad matuerd
pebr to fib tutf~
T. lbat >a tae event flat at tan Dedinatu~ oft ore at ate time peadla~ a~ snit npaa this moetsaser ce to
foreclose it, or b reform itt,, a~nd/or b enforce pgassat o! aq~ oWms heewmdee, said Yoet~a~e wall
to the court aa~ins ~anisdictioa thenot toe tae tment o! a Receiver, such oonrt alaII forthwith
a IboNwr o! said mortsased propsef,~ ari and i n~dular. indudlor all and ~n~u~r tae rents, income, proOtsr
iswtes and rewnuas tram whabwr source ded~ed, eaca sad every a< ~sbieh. [t Ddnt eot~perss>y nederstood, is
hereby mortsated Y it epsdrical~j set forth sad described to the Sraatinj sad aabendum clauses hsrrot. sad
loci Receiver Shari haw ari tM broad sad etfectlw functions sad powers is aagwlee entrusted D~ a Dour!
b a Itsaiwe, sad each appointment shall be made by w>ch coat! s• as admitted egWb iM a a.stLse of ab-
sdnb rirht b saW t[aartsaaee, and without reter+anos to tM adegwcy oe iaadega>.ay of t1w wive at tae prop
esRy or to tae solvency or insolvency of said t[octie~or aad/ae of tae ds[eodants. sad tact such
rents, ts. facoa~e. issues aM nvenuss ahari b applied by larch Reoel~ aoooedlas b tors riea and/or egoif,
ct said sad tae practla O! such court.
>;. 1b dam, prompt>rjr sad in117 P~'m. d~~s's. ~~- ~, ~pbb- ~pV with sad abide by each
sad every tae stlpulatioas. afir'ssmm-ts. oonditioas and corsoaab in said promiswry nob sad in this mostsase
set forth.
Y. Ii V mutuariy oo~enaated and agreed by sad btween the Yortsasoe and tae Yortsasee that this mortsase
sad the note secaired hereby constitute • Fbrida contract and shall be coodrawd aoooNiny b tae hws of loaf
State.
al WPl'N1c88 WH~RD01', the said Yaetsasoe ass execated this morttase under seal cn tie dq sad year
herein lire! above writtsra
Signed, sealed sad dsriwnd is the prwad ot:
/..,. ~~ r•-• r • (Seel
~~~ ~~ au e u , r.
STATR OF. ~ Ol'i ~8
Indian River 3 ~`
0017NTY OF
~~ n>. ~„~,~ appN,,~, Claude Douthit, Jr.
4
;,b,~'~l k>,own and known to me W De the 1ndiMdual.... descdVwt i* sad woo ezecnted tae toe+e~oinr iastru-
ti~' .•Dbsnt, and',i5imowiedged before me that ....he.._ eauartsd the same !or the purposes therein etpressed.
lp r. ~ ,~9RTITTi88 my head and ottldal seal *wra l~~crl_.__.dq M. Janua2'Y ~ ~ 62
t :~ .~,~... G:v,.
tp'. 7 u ,. 1~ t 4
~. ~, Notaq Public fn and toe
-. ; ` -. ~'l _ - the Ooamty sad Stab Aforesaid.
~~ P! ; :1 ~',~, t. iffy ooaur• Ission szpires:
- ATAT~ ~ __.. ~ ea. Notary Public, State of F:orida at Large
0017NT! OF My Commission Expires June 2, 1965
Bonded by American Surety Co. of N. Y.
Before me pareowriy
aa~d. b ave wNl knaves sad
known to me to b and_ ss~atary
nspsctlwly of
tae oorporatiaa
nacnd b the foresoit~ instrument, sad kaawn to rw to De the persons who Y such otficses d said ooeporatioo,
esecuted the same: sad then and there tae safd ..,.~ the said
_ _ ~+~+ acltnow1edse bs[oee me that said
instrtameat 1..the fns sat sad deed O! said Ooeporation by farm respeabwl, esucnbd Y Nch otifoses foe the
purposes therein eotpresMd; that the eW thereamto atta4bed 1s tae corporate real by them fa tike oapaoily ai-
f1:sd; eII uadsr authority is them duly w/ted by tae Hoard oft Dlrecbes of said ooeporatlon.
W11'iTRBS nqy hand and o[!ldsl seal ~w~. ~+•~ et ~ lfi.._
1~)231~)
FlLED ANO RECORDED
~ti -~iclal_B-er~or~.B00K
1962 JAN cg AM 10:27
R06ER POITRAS, CIERK
ST. LUCIE COUNTY, fLORIOA
z~ ~,tr
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xotary Pnbrio to sad toe
the Oo~tF sad stab wfoessald.
Iq' oommissioa s:pirw: