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4. Ti~at (a) la tl~e event oi any preach ot thts mort~aae or default oa the part ot the Mottgngor or (bl ta
the event any oi ~aid ~wns oi raoney herein rei~~red to bs not prompUy eu~d tully j?aid withia daya next
~iter the asme severally become due and psysble. without demand or notice. or ~c) W the avent eacb aad ev~ry
the atipulations. agreemeats, conditiotis and covenwnts oi said promissory nots and this mortgage. sqy or either,
ars not duly, psomptly and tu11y pertormed. diacharged. executed. ettecte.i. corapleted. complled wltb and aDided
Dy. then. ln eitt~er os any auch eveat~ the sai~ aggregete aum mcntioned in said pcomissory note thea remaiNng
unpaid. wiW InWnat ~ccrued. and al! moneys xcured hereby, ahall become due and oayable fortt~wtth, or there-
atter. st the option of asid Moctgagee. as fully and completely as it all oi the sald sun~s oi money wen originWr
~tlpulated to be paid on auch da~y. ar~ything in aaid promisaory note, and/os ia thb mortgage to the contrary not-
withstanding; snd thereupon or thereaiter at the option oi sald 2~Iortgagee, wiWout notlce or dem~nd. auit at
Lvn or in aqulty. Weretotore. or tt?ereafter begun. msy be prosecuted as it all moneys sacured hareby had matured
prlor to its institutioa
7. That 1n the eveut that at the Deginniaa oi or at a~ny Wae pencling any sult upon th1~ mortga~q, or Lo
loreclose i~ or to reform it, u~d/or to aaforos payment oi any Natms henundar. said Mostgagse ~a11 app1y
to the court havlns iuriediction thercoi tor the appointment of a Receiver. such court shW fortbwiW appo3nt
a Recaiver ot said mortgsged proparty alt and eingular. including sU and sfngular the renta. tncome~ prot[ts~
Lsues ar?d revenues trnm whatever source derlved. each and every of which, ii being eape~essly understood. i~
hereby mortgaged as i! specttically set forth and deacriEed in the granting and habendum clausa~ hereof. and
such Recetver ahall have W the broad and etfecUve functions and po~vers in anywiae entrwted by a court
to a Reeeiver, aad such appointment ahall be made by ruch court as au admitted equtty and s matter o! ab-
•oluta rfaht to asid Mortgagee. and wtthout reference to the adequacy or inadequacy of the value oi t,~ie prop-
erty mortgagad or to the solvency os insolvency of said Mortgagor sad/or of the datendants. and that auch
' rents, proRts. Wcome, issua and re~enues shall ba applied by such Receiver according to the lien and/or equit,y
o! said ~tortg~gee aad the practios of sucb court
' tood and agreed that thia mortgage ia given to secure, in additioa to the note or ' '
above described any ns or future advances made within twenty years by the
mortgagee to said mortgagors or 'n title of said mo property hereby conveyed;
provided that the total unpaid balance of the in ereby at aay one time shall not exceed
the maximum principal am _ - Dollars
. . p us interest thereon and aqy disbursements made t;• e the ~,ay-
axes, levies or insurance on the property encumbered hereby, with interest on such dis u .
IId WTrNFSB WHER~OF. the said Mortgagor has executed tWs mortgage nnder seal on the dap aad year
Aerein ![rst abov~ w?titLs~s.
ed delivered in the nce '
LAKESLDE GARD INC. : ~ . `
• .,~'~~„i:u~~i:ist i
» ~ ~ ~.1~~ •~NM~~ •~•r
i . ~
~I•r-t~...~_~.........W._._._._.._.---...__..._w.. M. A. Ramsey, P ~~aj';=,~ i
. . '
~ :
Attest: - : •
Phillip ipes, 5e ,?E,.~,,.~ 3rLp'~; ; .
,J • i
(Corp. Seal) ~ _ - . •
s~rw~ oF......_.w.__._...... 7d l-~;
COIJNTY OF_.._.._...._...._....___ . ~ ~ . . , .
Belors me peraonally ~p ~
to me well known and known to me to be tha individual_._. d~scribed in and who executed the toreg^oing instru-
ment, and aclcnowledged before me that ._2?e.... executed tLe same for tbs purposes therein espres.+ed.
l
~ WT!'DTF..S3 my haad and ofticial seal thia._...... day oL 1~...r...
I ;
~ NoWy Public in aad for
~ the Co~mty and Sbte Aforesaid.
~ FLORIDA _ My commissioa espires:
$TATE OF..__.__......__._._._.._.___.--•----
covt~rz. oF~. ST LIIS~E...._...._
M. A. RAMSEY
Betore me personally appu~red.._ -
and~.~..~~~ to m~ ~?ell la~o~vn aad
t
~
l~nown to me to be the....... .....~........~...Pre~ideat an S~cratar~ !
;
LA KESIDE GA RDENS INC. `
respecuvely or _ tbs oorporauon ;
named in ths loresotna ia~trument, aad kaovvn W me to be the perwn~ wLo a~ s~ otIIc~s o[ said corporatba. '
M. A. RAMSEY ~ E
ezecuted the same; aae tbea aad tl~ere t1~s aib__...__......_._._........
PF3L~ ~~P TtPFS aclmo~vleaae beror. me tbac sata
lastrument 1s the lree aM and deed of ~aid corpontlon by them respsetlve~j? esecutad a~ auch oiliar~ for t1~
purpo~e~ tl~ereia espre~~sd: that tLe ~eal therennto attached i~ th~ oorporate ~sal by th~m fn lilc~ caPadt7 ai-
tlxed: a11 ~uidsr autborltp W them dulY wsted by tht Board ot Dlrsctora of isld corpor~tiam.
~ -
~f/1'PPI1~8 m~ hand aud o[lldal ~eal thi~...._..._.rl~..._dl~ o[. ~ y-------~-•+` :
; -~t:tt:~~h
...._..........~.~r....T.:.~j'........~'-~Jj-~: 4
FiLED AND RECbRD'E0' `
Notar~ Public la and tae ~ a%'
ST. LUCIE COUNTY. Fll4: ~„~h,~~.~`~~. p1.1$Rd:;I_~ .
R~ CORD V~RiF1ED ~ ~ ~ ~
~
~ 1'?'7102 ~
'69 APR ~ 7 PM 3~ ~l:~,s~~~ : w'
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~O::E~ POiTRaS .
6'LERK CIRCUIT COURT' R
~17i6 ~~561
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