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~ 6. That if any of the aaid installments of intereat due o~ payable by the tera~a af aaid promissory rote_,
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' of other suin of mon~? due or pe~ysbie by virtue of thla instnmxnt. be not promptiy and fully p~id when the ~ ,
; txcome severaliy due and psyable. ~rithout demend or notice. or it each and every the atipuaations, ounve~ats.
~ agreements ar~d conditiona of the said pcomissory note~and of this deed, any oc either, are iwt duly and pranptly
~ pe~formed, complied with and abided by, the said entire aggregate sum mentioned in the said promissory iwte-.
` then remaining nnpaid, with interest accrued. shall heome due a~d psyabte forthwith or thereattec st the option
` of the Mortgagee._., .._._3.t~suceessors. bllts. kgal representatives or assigna, as fully snd completely as if said
~ aggre~te sum and accnkd interest vrere originally stipulated to be paid an such ~y, a~ything in the said ptomissory
note._.. or herein, to the contrary notwithstanding. .
~ 7. It is farther rnvenanted and agreed by said parties that in the event of a suit beirsg instituted to fore-
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'i clo~e this~mortgage, the Mortgagee._~ ~ita_auccessors,lmi~DR. le~a1 npresentati~a or assigns, shall be eatitled
1 ~ aPP1Y at any time pending such forectosare suit to the Court having jarisdiction tl~ereof iu: :lie appantaxM
of a Reoeiver of all and singular the mortgaged pmperty and ot al! the rents. incwne profita. iaau~es and reventres
thcrcof. from what~oever soura derived; and tl~ereupoa it is henby exprasly oovenanted an~: agreed tl+at the
Court shall forthwith appoint a Reoeiver of said mortgagod property. atl and singtilstr~ and of such rents. incos~x,-
~ profits. issua and nvenues thereof, fr~n whatsoever aoura derived; with the usuat powers and dutiea of Re-
; ceivers in 1~7ce cases; and snch appointmeat st~aU be made by such Conrt as a matter of atrict reght M the Mort-
' egal represen igns, and witbout referena to the adeQuacy or ia-
i gagee._., _..3.t8.... successora. lf~t~, 1 tative or ass
! adeqwcy of the value of the prnperty hereby uartgaged, or to the solve~.y or insolvency of the Mortgagor_~ its
~ heirs, legal representadvcs, suocessors or s~ssigns. and that stxh rents, pr~fits, inoonK. issues aad nvenucs shaU be
~ applied by such Reaiver to the paya~ent of the nartgage indebtedness, costs and charges. aaordi~g to the ordu
~ of such Cour~ : .
~ 8. To perform, comply with and abick by ~ch and every the stipulations, agreanents. condiNona and oovenants '
~ in said promissory notc_._ ~~n ~~~~~~~ed officers of Frasure Hull, Inc.,
4 IN W1TN~3 WRBR~OF, .._1et~~have hen~meo set ~u_- ~-*~.-.a and aal~ tbis_~.~e~~1~:..day of .
July _.A D. 19._.6~ -
, FRASUR$ HtJI+L, INC. "
i Sigiied~ ssaled o~d dtleasrsd ir tl~s trs.a~c~ of .
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~ Before the subscriber, a Notary Public, perso~ily i
~ i . , the Preaident~d Searetary' respectively of Frasure
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~ j w me well knoyrn, and known to me to be the indiviciual dexribed in and who executed the foregoing iastra-
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i j mait, and acknowledged thatt'._hg~_ executed said iiistrarrxnt fraly and volan4rity, for the nsea and pur~es
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= i tberein set forth, a~-si~e a~ -----------------~w+ar~rail-iea~e~-ts~re~x~wefe
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e ~ Givea under mp hsnd sad oEficisl ~ea1. thi~.~.s~.~.._dsy of '~;A~ Il~l~' "
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~ ; ~r ~ 1964 RIiG I 5 AM 9: 38 ~ ..=R~~~~.~ N. ::~~~~~,,,sT
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, 1tOGER POITRAS. CLcRX
~ • ~ ~,ST. IUCIE COUNIY, FIORIDA ~0~~ ~ PdGE23'7
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