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~ /ONC~/ df o01kJM Yld MOR~GEE ill~N 11M tM Oplk11 10 IrOMMt N1d !M Y111~ p1 ~000111t oi MM kld~l~1M~ M01N'~d AMrbV p M 'I
~I~~T~ !O IrONVf ~ IM 1~ ~f ~fl~ ~f1t 1~ItirO~ ~f ~ MIN~1011~ 1~1M~ ~ Of ~M~ ~N
MII O? ~ 1/1~f 01 ~ V~f1{M Of 1~1~{~ i M1~ MI 1~M r11iMk Mb ~I~tT~MwM~ rl~ ~Of MM NM~1 ffll ~l ~A~ i~M t~ ~M~lI~~M
p~O? 10 ~Wf ON011~1N ~"j w^~ o0a0~N Of ~fIN11M1a ~O iib M~ Or ~M'011~ ~O ~MII~IM1 ~ i~
O/ lf{ ~ f~iCt ~1 10 P~ ~O~OI/M~ ~Ct~ OOf11p1~M~ ~~ll~y Wlth~ ~ thN QOwINf1t~ Of ~ PMt~~ ~ •
GNCEF n~r ~a and p~r ta wuh t~a~rano~ oran~r v~ wMhout wNvir~ a a ~p~y Mrn, ~b. ~~~x a a
virlw of tNs and tl~ tuN amount of ~h ard ~uth P+~wrK t~ b~ En~iww~ du~ and p~ a~d d+~N b~ YN~wt
hwn th~ ddr~1~h~ino~i~ne11 pNd at tM nt~ ~f sbc a1fdC~li~ PK ~~t p~? a~r~un ~nd loMtF+w with wid~ I~ drll b~ ~owrd by tM
, li~n of thN mott~yw
4. To pKmit. aandt or aufiK no vw~M, M~qirn~K or d~t~riorarion of atd ProP~Y +~f? ~ 1~+N'wf
S. h is l~rby~p~qfkalty a~d Nrt an11 w~n w wms w1~kh mrY b~ lo~+d or ~dvar~ MortMlM to tM Mo~t~a~or at ~
*im~ ~itM th~ noo~~dtnt of tWs Ind~ntu~+. taMthK wNh int~n~t tFwnor? st tM n» a~sd upon at tM tkn~ of a+d+ lo~n or ~dwna. ~11 b~
p~w~N s~ou~rd with and htw th~ tain~ priorily as ti~ o~~ Mid~bt~~. and b~ wbMct to ail th~ t~mt ~nd pwi~Iwis of tF~is mort~pe i
P~ovid~d„ th~t tM~ap an~o~s~t of ~ineip~l ou~btardle~ st an~? tlnis ~nll not ~~ooMd an a~nourK p~wl !o an~ h~w+d~rd and flfty p~? a~nt ;
\ c~so~~ of tl+. a~+~c+v.l ~a~e~o~r~e o.~ie~ly ..a..a iw.e~?. . ~
6. To pa~r cM and :ie~ufK th~ ao~b. d~rps +nd 1~k+~W+~ •~~bl~ s fN and oab oi abshaet of titM im
~ a~rrd or p~id at tim~ b~l sNd MORTC~/I~GEE b~eatw or in th~ ~wnt of th~ fNiuro ~t 1M~p~tth~ ~Md MORT'C~IK'AR to duh?. P~P~h
~ +nd fulh pvfon~~d+~rp. ~aartt. ~fhct? aompNt~. QoMply with and abid~ br «d~ and ~y 1h~ Nipulatiaro. +~r~ts. con~+ions
and oov~ernb of sNd pe~omtssory not~ and 11~s ~ am? or NthK and Wtd ooab. dwps and rxP~. ~h and avwY dMll b~
im~Ndt~hly du~ +~nd P~1nbb: wMMr or not t[wr b~ not~a. dwnana. att~ipt to oolleet o? ault ; aed th~ iutl amouM o~ ~h and
. wwy sueh psyn~t sl+dl bw Mt~nst fia~ th~ d~ tl+~~wf ~+HI pNd at th~ at~ of six aa~tun pw arr~un: and all Wd .
aosh. clwps and ~ so te~axad or psid. toptt+K with such int~?at. ~li b~ iearrd b~? tht Wn of tNt Mort~.
~ •7. TFrt W in 1M w~nt oE any b~rw~h of thb Mortap or d~fauk a~ th~p~rt of tM MORTGII~OW~ or mJ M tir ~K arry of s~ld
aums of na~~r h~rin ~nd to b~ eat poo~npty snd tuNy p~1d wiN+in M+irty t303 d~ys nact aft~ th~ t~n+~ srwralN b~oo~~ dw and psyrbN.
without ¢n~r~d or ~otia. or W in tM w~nt Nch and ~Y ~~4t{ons. s~r~+ts. caditions and aownanb of aid pra~nist~ and
and tNs mort~ts~r or Ntl~ sn eot duy. wa+~P~b +~+d ~f? P~fo~md. ~aa+t~d. ~ff+ct~d. oo~npi~t~d ,
tlwn in dtha or tl» salda~r~pt~ su~ n~+tiawd lo promis'ory r~ol~ tFwn nm~k~ with MN~
~ ~ sbidd b~r.. aoY su~h e~nt•
aa~wd. and allnar~ys ssauad Mrrby. d»II b~oon» d~u~ and pryrb~~ forehwith. or tMrwfter. at tiw opNo~ of Wd TC.11iGEE, ss fi+lht
. and ao~+npbtey ss tf all of tM sNd wms of mor~r wN+~ orl~hafM s~ulst~d to b~ p~id an weh d~-yt__ M sNd piani~o~y ~ot~ a In
fF1Ii MOft~ f0 MM 00111fMy f10~ 1A11tI1S.~Ildlflt~ ifld lfMf~1~01~ OI NIKq~ ~ lFli OaIO(1 O~ lil1~ N~M~~ 1AII1I10Y~ ~IOl~O! 0~ ~IIN11S~ -
, su~t at hw or M puitr. nu~r b~ ProWa+hd as if aQ mod+s sawrd h~r'~b1? h~d ~tund pia to its q~qitutia~.
8. Tfrt in th~ ~vwrt tMt at th~ b~trriir~ of or at an~? tNn~ 'd~ ans? wit upoo this ar to fonelo» M, o? fo nfon~
~ k or to ~n~oro~ phrn~t ofa~? elN~r~s MrwwdK. sdd MORTG/lit',EE sF~l~
1 apply 1o tM Court MrM~~~1~~ tl~e~wf tor th~ appointaient .
~ a R~o~ivK. wd~ Court ~nll forthwith appoint a R~aiwr, of sdd p~p~ey all and dln . inek~dNy ail and str~ulu th~
~ proAts, ~ss snd rwwK~ irom wh~twK ~ou~~ dKiwd. Nch~iwry of wNchr k~r~sly. und~toad. b hM~r morti ~
~ psed as If sqcifialM sst forth and dascribed in th~ aantint snd Mb~ndi~n dws~s Fiurof. and R~alwr ~Q Mw all th~ bro~d ~d -
~fhefiw fimctions and pow~s in anyMris~ ~nt~ust~d !ry a Gourt to s Reaiwr. and w~h aPP~ ~Fnl1 b~ msd~ by sud~ Court as an
adiedtted ~qufty and a m~tt~ of absolut~ ~ht to ssid M~RTG/1~GEE. "snd without nt~ne~ to th~ a kwdpwey of tht valu~ of tM
prop~rty mo~d or to ths sohroncy or Msolv~ncy of ssid MORT+W100R or tF» d~f~nd~nt~ and wch nnb. proAb, M~~. bw~?
~ and nwnws dril b~ appiMd by such ReoNv~ aooo~din~ to th~ INn o~ eQuit~r of sNd MORTGAiCEE and th~ pracNo~ of wch Caw~
9. - To duly. Pron+Pth? +nd fu~M P~~. ~rp. ~P+~. ~P~+ with and abidt by ~sd~ and ~wry th~ qipu~
~ btbro. a~nMr~nt~ cat~ditio~s and aowMnts ie ~aid praNmoqr ~ot~ and tn N~is mortp~ s~t fortk
~ 10. That h th~ ~n tlr own~nF~p of ttr mort~ed Phmis~. or Pwt ti~of. b~ooerMS vat~d in a p~son o/1~ th~n th~
MQRT~('.AOOR. the MORTGNGEE. ib suoas~ors and s~t0+s~ mh?. without eatie~ to ths MORTGNOOR d~l with wch ~+oa~o~ or won~o~s
in ~ with refarw+n to tt+is mortpp snd th~ drbt h~~eby s~a~rsd h tM s~ mr~r ss with N~oret+~ w~thout ~^'r a
d eo
i~on~
; a~~ t!M Mortwoi's IVbiN1y h~rrurdw w upon th~ d~bt i~~bY s~ax~d. No sale of th~ P~wN~a hM'~b'l?
b s
~ r
a n o ~ o n t
h~p~t o
f t h~ M O
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E
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e
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s
~ i~ n
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o c
t e r K i a ~ n of ! h~ tir,n~ far th~ p y e r w ~
t of tM~bt
h
M r b
y s~aNrd
~ ~iven b'f~ th~ MORTGII~GEE or its wootiao~s or s~r~. ~11 opKab to nl~a~ ~K~. mo~~f?. ctw+a or r(hct tM °ri~pi N~btYN..°t
~
~ th~ MORTGI1i00it henin. ~ith~t in wFab or in pwt. ~ . a• .?'1 '1•
~ ll. It Is ap~d_fialy a~d M~t tims ~s of th~ ~not of this cantract and thst n¦o~ .w.N~~v~K ~or an~r abNptiar~ww~dy~,r.-.o,~?-,~,~,BN•
: cbitption s~cw~d h~r~b~~t sMll at an~ ~~~~~~h~I17CC~[ ~ . . ~ V
~~~5
" IN WITI~E55 1MfIBtFAF. tht Wd MOR hu~/ sMl !h~ d~l and y~Mr '¦wr~~
+ SIpNd. Sald sr~! ddtwnd in pnana of: uj ( ~~`d'~ s
9t _ ~ _ PHILL INC. , BUItDB~~,7 r: .
~
' ' t
.
• • . ' ¢ _ ~ i ~ •~~N~N y
, . _ ~ ~ n~• ~ i
' . - . . _ a n
' - ~ ~ ~ ~ . , ~ ~ . ' Attest:~ , .
s~"~ oF ~uo~? retarY
, ~ . .
' oourlt~r oF Palm Beac,h . ' - ~
~ ~N Robert N. Phill~i~e and iViortimer B. P'hiUipe, President ~nd S~etary
; re tively of Phill.ipe, inc. . Builder~~m
~.,r„~„~ a e. +h. w
i ana who ~oawtea th~ ana b.1or. nn twt th. br a,.
` ae the act a~ ~
o~~vorpor~`w~ reunto au"t'~wr
; o~ ~ r~ a`` . .y
~ .
.
: ,WITN~SS my h~nd snd offid~i awl tNs s_.-~.,..~__ __dsy of. ~ ' Q. ~SZ
. - r ,r' :
'.1~/~ . .r =
_ ~ ~ ~ ~ ~ ~ ~ . + -t'i+ ~ '
i : - \ ~ , ~ - 1rOt~fy PubiiC a~d fOr 11M o~ F af~ • ~ : :
~ ; - ~ ' , , ' My aonMNM1o~ ~i~ : ~ ~ : ~
t (1~]ptgry Segj) ? ~y - = - , -
: ~,o~c. sea~: ~ ~ ~t. ' ~ ,
~ . . _ 1hr conxni~.ion .a~pir.s~~si ;
•
, + ~ ~W~~~ `•b,y~1U~N~~~
. ` ~ w o ~ f A ' RECORDED -
{ w Z < ~ ~ ~~l~l° • :
; A . . ~ QQOK. p
~ Q» o 1964~NOY ~5 AM 8: 38
' y • W' < ` ~,~i m. ~
~ ~ ~ ~ . ~ ROGER POITRAS. CIERK ~ ~ ~ .
~ G~ _ ° tUC1 COUt1TY, FLORID~= ~
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