HomeMy WebLinkAbout1042 5. To perrnit, commit or suffer no wast~e, impairment or deterioration of said
prnperty or any pa.rt thereof.
6. To perform, comply with ctrtd abide by each and every the sitpulations, a~ee-
ments, conditi,ons a~cd covencznts in said promissortJ note and in this deed set f
urGh.
7. If any of suid sums of rnoney herein referred to be not prnmptlJ and fully paid
within thirty d~Js ~ae.~t after the same severallJ Lecome dr~,e and pa~able,
or if each a~ad every the stipulcitions, a.~sreements, coi:tlitio~e~ and couenants of said
pro~nissory note a~nd this cteeaG or eitl:er, are ~iot dre1J perfor»ied, complied witla and
abided by, the said ag~re~ate sum naentio~ed in said pro~nissory note shall become
due and pctyable forthwith or thereafter at tlre oNlioia uf the .hlortgagee us fully and
com~letety as if t7ce saic~ ag~rP~ate suna of TIaENTY SIX THOUSA~ID, FIVE HUh'D8~
SLVE?1TY EIGHT & 70/100dollcirs was origi~iall~ stipulated to be paid on such. day,
rtr~ythin.g in staid promissory note or herein to the contrary ~antinithst~ndin~.
8. Th~ Jlfort~a~ee may, at unr~ time ic•hile ce suit is pendin~to foreeluse or~to refor»t
th,is m,ortgage or to eiefurce any claims arisin~ liere:~nder, apply to t/~e court hnaing
jurisdiction t/tPreof for the appointncent of receiver, and srech court s/lall forthzvtth
cLppoint ac recei.ver of the premises and a!l other ~~ropertJ cuverPd hereby, ir~clnaliii~ all
a~td sin~ular the income, profits, rents, issues und reveiir~es from u~h~ctever sozc~~ce de-
rived, and such recPiver shatl have all the Lrnac~ and effective fiinctions an~ powerg i~t.
ctnywise entrte.sted by a cou.rt ta a recPiz~eru.ncl.su~h ~cppointa~enl shall be made bJ stt,ch
court as an admitted ~qriitJ and cc matter of absolrcte right tn sdid .rtilortgdgee, cLn~
without reference to the adeqriacy or inacieryuacy of' the va.lice of the prnperty nwrt-
~aged or to the solvency or insolvency of scciaG ,~iiorJ~asor or the ~efendants, and suc%
income, prnfits, rents, issues ct~:d reventtes slrall Ge upplie~l by s~ach receiver according
to the lien of this mortgage and the prnctice oJ'.such court.
9. T'he Mortgagee by the acceptance of this mortgage covenants
and agrees to release any lot or lots fr~n the lien of this mortgage
from time to time upon request of the Mortgagor upon payment of $1000.0
for each lot released and all such payments for releases shall be
credited against the principal installment next due on the note secured
hereby and all payments on principal whether by way of prepayments or
regular required principal installments or credit for lots reconveyed
(Continued on Page 4 attached hsreto and made part hereof.)
.~tl ~t~SB ~hPCPDf, the said party of the flrct part. ha,s
caused these presents to be si~ned in its name by its Presi~ent,
a~ul its corpnrate seal to be a~ed, attested by its
l Corporate th~e day a~ul year above written.
Seal)
.4ttest:
Secretc~ry ONSTRUCT C ANY OF
FLOR -
; Sign Sealed and Delivered in Our Presence: t_
; Bt~ ' ~ _
~ ~ 7 Presi'cient.
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~ 1, an officer authorixed to take acknowled~ment4 of deeds aecordin~ to the
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~ laws of the Stat.e of Florida, duly qualified and acting, ~[ssHfg, that
~ Gordon S. Nutt m~
~ ~fi~e~i,)cas Presidentslr~~ of~ HALI1~lARK CONSTRUCTiON 00~lPANY OF FIARIDA,
~ to me personally knou~n, this daJ acl~nowledQed before me that e executed thP
~ foresoins mort~age as such ofjEcer~t of said eorpo~ation, an.~ ~h-at iai~afj`'ixed thereto
~ the offtcial seal of sairl corpordtion; and ~~prtksr tIIsrtifg, that I Icnow the
~ said persorr~ makin~ said acknowledsments to be the indit~idual~ ~escribed in and
who executed t,hP said mortsage.
3n ~ihttgsc ~8[fjtttot. I hereunto set mJ luind and ofJEcial sea at
- / said Count~ 'tate, this 2~ f~
_ day of ~d v~i'IIuE'j,
,~1. D. 19 69 .
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