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e~RK ~O FAf E 5~~
or cb:rr.:~:.~•r of nu~• cf tL~~ Ic•tut;, rc~c,n~u;ts or n>;~<ihit~N4l~(Etl~et~~A~t~~:•4;F(t~~u in an~• or eilh~r of Fnid events,
th~• tthole c,f the indcht;vlnr~. heiet,y :rrtur•rl, Ott the notion of tLc mott};aSec or the legal hohisr of Mid irdcbtrd-
nc , stall bc-•nmc immesliatcly due un~i l~;t~;tblc tci?Lout nutire, ur in rho et•ent of rho p,tt~tage after the date of this
uwrtgage of nay ~att• of the S?ate of Florida dahtctiug from the value of laud for rho purpose of tnx4tion any lien
thereon, or changing in nay tt•ny the Lacs nett• in farce for the taxation of mortgages or debts seeurei by mortgagee
for State pr local purposes, or the manner o[ the coUectinn of any such taxation Fo as to afTect the mortgage adverst;ly,
the holder of this mortgage and of the debt tt•hich it secures, shall have the right to give thirty days' written notice
to the otcncr of rho grgnted premiss requiring the payment of the mortgage debt, and it is hereby a„^'mxl that, if
such notice 1>c git•en, the said debt shall become clue, pnvable and ecllectible at the expiration of laid lltlriy days,
and upon the mortgage inclebterlns:~ becoming duo aril payable ae heretofore provided, the mortgagor shall refrain
from collecting and receiving ati mots accruing as aforesaid and upon notice from the morigags±e all tenants shall there-
after pay such mats to the mortgagee, sort any payment made otherwi3e shall not discharge the abligatisuie of such
tenant, and the mortgagee may immc•siistely cause this mortg~go to be foreclosacf in the msrtner preeGribsid by law,
and upon commencement of foreclosure proceedin&~ shall be entitles} to have a receiver appointed, n•hether the
mortgaged premises am homestead or not and without proof of any athet ground ,or his appointment than the
said d..fault, to take poaeet~ion and charge of the mortgaged premises, to tent the same and receive and collstct the
rents, issues end profile therect, under direction of the court, end coy amount ev eoL'coted by ouch receiver shall
be applied un=ler direction s~f the court to rho payment of any judgment rendered, or amounts found duo upon fore-
closure of thin mortgage including the coat o[ collection and reasonable sttomey'e fees; and, in the event o[ any
default or defaults in the payment of rho inctebtes}ness hereby secur+~, or of any installment thereof, or o[ interest
thereon, or in the performance or observansre of any of the terms, covenants or agreensente herein contained, the
mortgagee shall have the right forthwith after any such default to enter upon and take poeeension of said mortgaged
premises and to let ea:d premises sad receive the rents, issues sari profits thereof, sad apply the same, after pay-
ment of all necessary c-bargee and expenses, on account of the indebtedneee hereby sectored.
Tho proceeds of said toreolosstrre shall be applisxi, first, to the expenses ineurr~ed hereunder, including s reason-
able attorney's fee for such sar•vices as may be rendered for the collection of saki indebl;edness sad the forecloetrra
of this mortga~; second, to the payment of whatever sum or soma the mortgagee may have paid or become liable
to pay in carrying out the options, terms and etipuktiona of this mortgage, together with interest thereon; third,
to rho payment and satisfaction of said note; sad fourth, thascrrplua, U any, shall be paid to the mortgagor or ether
wise as the court may decree.
The mortgagor hereby agroae that, in the event mortgagee shall place the note hereby seouted in the hands
of an attorney after default or after maturity for coUectioa or for foreclosure, he will pay ouch reasonable attorney's
fees ae are authorised by law, together with the cost of extending the abstract and all court coat8 and all expenses
properly paid or incurred hereunder, and same are hereby eecur•ad.
The mortgagor hereby assigns, transfers sad conveys unto the mortgagee, its suooeasors and assigns, the
rents acecusrd and to acen:e tram aA tenants in occupancy of rho mortgaged premises, or any part thereof, including
rentals and royalties under oil, gas a~ mineral leases, if any, during rho lifetime of this mortgage, it beiog tmderstood
that as long as there is no default in the perforznsnste or observance of arty of the covenants or agreements herein
contained the mortgagor shall have the privilege of collecting and receiving all rents aceruiag under leasss or con-
tracts of tenancy for the mortgaged premises or any part thereof.
The mortgaged premises being located is the State of Florida, this mortgage and the rights and indebtednbee
hereby secured shall, without regard to the place of contract or payment, be construed sad antoroeci soo~rding to the
Iswe of the grate s+t Florida.
I3otwithstanding ssj provision herein or in Bald note, the total liability for pe-ymenW in the nature of interest
shall not exceed the limit+ now imposed by the usury laws of We State of Florida.
3tt 3~itpc~ ~batot, the said mortgagors have hereunto set their hands stnd
seals this 2? d0.Y of November , A. D. 1962.
6igned,
in the aree&roe of
-------~1~- •- --- -- --(gEAIe)
Arthur L,asard
--- ~ .~~~,.cg~>
Madeleine Lessard
- - -----($EAL)
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' STATE ,OF F'~AItID~ 1&~.
COUNT~CtO~' ~+~. LUCK J
' I, ~~}~ Q. ~^d' , nr. ofF.~r d,~l~• authot~res~ to take rcknowtedgaaen+.e in sad ftx
- said State and Csxtnty, do hereby c~~ritfy that AR+iHITR ~~~ - a,nd 1'4AD~LE7KE ~~~
,his wife, both of whom are to mc; Hell known, and knows to me to be the indivitltaals da~cribed
in and «•ho e!ie~utcti thr, !aregoing instrument, personally appeared before me this day srtd did severally acknowledge
to and titcre m~ that they exec=itcd sa~:l instavment far the pvrposes therein expressed; and the Bald MA~;~I:'tE
j,Lgs~ , sell kaon'u tome to be the trite of said O~HtTR LF.~Ar!?D - ul~