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6. That taj in the event of any breach of th~s mortqaqe or
default on the part of the Mortqaqor, or (b) ~n the event of -
said sums of money hereiri referred to be not pro~tly and fully paid
within ten days next after the aame sever411y becon?e due and paya~b].e,
, without demand or notice, cr Sc) in the event each and every the
stipulatio~ns, agreements, conditions and covenants of said promissory
note and this mortqaqe, any or either, are not du~y, promptly and
fully performed, discharged, executed, effected. completed~
com~li~d With and abided by, then, in eit~!er ar any such event,
the said aqgreqate sum m~entioned in said promissory note then
remaiaing unpaid, with interest ~tecrued, and all moneys secured hereby
shall becoaae due r~nd payable forthwith, or thereafter, at the option
of said lyor~qagee, as fully a~nd coYapletely as if all of the said
su~as o~ ~ney ~rere originally stipulated to b~. paid on such day ,
a~nything in said promissory note, a~nd/or in this mortgage to the
cc~ntrary notwithstanding; and thereupon or thereaf'ter at the
contrary notwithstand, and thereupon or thereafter at the
. option of said l~orgaqee, without natice or demand, suit at law or
in equity, therefore, or thereafter begun, may be prosecuted a~ if
all, moneys secured hereby had matured prior to its institution.
7. That in the event that at the beqinning of ar at any time
pending any suit upon this mortgage, or to ~~reclose it, or to
reform it, and/or enforce payment of any claim h~reunder, said
Mortgagee shall apply to the court having jurisdictian thereof
far the appointment o£ a Receiver, such court sha12 forthwith
appoint a Receiver of said martqaqed grogerty aZl and siAgular, in-
c2uding all and singular the rents, inco~,profits, issues and
revenues from whatever source derived, each and every of which,
: it being expressly understood, is hereby mortgaged as if specifically
set ~orth and described in the franting and habendum clauses hereof,
and such Receiver o~ said mortgaged property all and singular,
. shall have all the broad and effective functions and powers in
any~rise entrusted by a court to a Receiver, and such
appointment shall be made by such court as an adniitted equity and
: a matter of absolute right to said Mortgagee, and without reference
to the adequacy or inadequacy vf the value of the property mortgaged
or to the solvency or insolvency o~ said Mortgagor and/or or
the Defendants, and that such rents, protits, income, issues and
revenues shall be applied by such P~eceiver according to the lien
and/ar equity of said Mortgagee and the practice ot such court.
8. To duly, promptly and full.y perfvrm, discharge, ex~cute,
ef~ect, complete, camply with and abide by each and every the
stipulations, agreements, conda.tions and covenants in said
promissosy note and in this r~rtgage set forth.
9.It is mutually covenanted and agreed by and between the
Mortgagor and the Mortgagee that this mortgage and the note
secured hereby con~titute a Florida contract and shall b~
construed according to the laws of that State.
10. This ~rtgaqe sha21 be binding upon the heirs and assigns
of the parties hereto.
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IN WITNESS WHEREOF, the said Mortgagor has executed this
mortgage under se~l on the say and year herein first
abave written.
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- SIGNED. SEALED AND DELZVERED
IN THE PRESENCE O~':
J e ey Garrant
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