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d. Tl~at (a) l4 th~ ~vent o! any breacA ot thls mortg~e or dRiault on th~ put ot tM Mortsasor, or lbl'In
t1~ event any of sald suma of monsy hereln ret~rced to bs not prompW? end tully p~id withia tea asut
aite~ tM sams severaUy bccome due and p~?yable. without demand or notice, or ~c) in tM ~wat eacb a~d ~v~r~r
tM ~tipulatioM ~meata, conditions aad covensnts ot eu?d promissory note and this mort~~e. atqr or efthe~.
ara not duly. promptly and fully petformsd. discharged. executed, eltected~ completed. compll~ with and ablded
Dy. theA, ii? eithee or any such evan~ the satd aggregate sum mentioned w a~,c3 promissory aote then reiaainin~ ~
unpaid~ with int~srest accrued. snd W moneys secured hereby, shall become due and pay~ble forthwlth. or Wen-
•tter, at the optioA of said Mortgagee. as fully and completely as it all ot the aaid sun~s of money wtro orl~iuall,r
stipulstsd to be p~id on duch day, anythin8 1A said promisaory note, andlor ta this mortgage to tAe coatrasy Aotr
wlthatandlrg• and thereupon or therc~fter at the option of aaid ~tortgagee. without notlce or demand. ~uit at
law or ta equlty. thuretofor~ or Were~fter begw~. may bs prasecuta! as it aU moneys sxured bersby had maWtrd
pelor to !b iastituUon.
7. That in ths eveat that at t1u beginNna oi or at aqr tlme peading aay sWt upoa tA1~ mortsa~e,, or Lo
toreclo~s i~ or to raform 1t, and/or to enforos payment ot any claiiru hereunder, said Mcrtsase~ ahall app~j
'tp We co~rt havips )urisdictlon thenof for We appolntment of a Receiver. ruch oourt sl~all fostLwltn appof=?t
• R~ver o! said mortgaged property al! and sin6uler. including all sad ~ingulu tta renf~. iaooma protlt+.
iasue~ and revenu~ imm whatever souros derived. each and every of whlcL. it beina acp~wsly undaratood. L
Aereby nlortgsged as ii ~pecifically aet forth and descriEed in tha granting and hsbendum olatuN batrot. and
~uch Racelver ahW have all the broad aad etiective tunctions and powers in anywlse entwted by a ~wurt
to a Reosiver. aad auch appointment ahall be made by ~ucL oourt as an admltted equit,y a~W • matt~ ~ ta
solut~ right to safd i[ort~agee, aad wtthout reference to the adequacy or tnadequacy oi tb~ ~a1w at tM ptop~
~rty mort~ed or to the aolveney or insolvency oi said Hortgsgor and/or oi ths def~ndaats. aad that auch
renb. W'ulits. lncome. issues and re. enuas shall be applied by such Recdver aooordlns W th~ Wa and/or pWty
ot sald Y ~ad the practto~ of such oourt
ve descr ' loana or future advances made within twenty i by
ortga~ee to said mortgagors in tiUe oi said pmperty hereby convey
e maximum principal Do
p us iatereat thereon and any diaburaements made by the m
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II~T W1TN~38 W~OF. tbs aald l[ortaagor Zw acecuted tl~ mortsan nnder ~al oa tlN dq and rar
Aerein tlrst abov~ weitt+eu.
gi~ned.~~led del?~n
tl~e preseace ot: ,
v~ OUTDOOR RESORIS OF AMERICA, INC.
A Tennes ee o ati n,
~ gy ( SEAI,
_~.lG..z...~ e!~ r..._
- Its sident
. o~R .
Attest 4
I Se e a ~ ovpy~~~ ~~rporate seal)
. r~ ~t,~,~~ ~yb
~
Beiors
~ to ms vvell known and known to me We lndividual_. ia and wtro ese~a~ted t1N lore~oing fasW-
mant, and acknowledged baton me thst ths aame ror the purpose~ tl~sr~in ~ocp~wssd.
WTl
NESS my hand ctal ~ca1 this.._.......... .._d~ lt........
a -
~ Notary Public to~
tLe Ootmt}? atW Stat~
]i[y ovmmi~ion expiew:
STATZ OF_~BIDA?.»-•-•........_...)
ss.
oovrrrs oF
~TIN ~
Betor~ ms peraooailY aPP~r~.E'-.-~----••RANDALT HE~DERG,~~I ~TR
an~._......_.... W m~ w~II lcao~wa aad
lvwwn to me W bs th ,S r[~ --.~C~lRM~
res~ecuve~r ot .OUTDOOR RE~RT~„ QF
~~RT~~A TNG a Tenn ~~rg- t~,. eor~o:.~os
namea m tbe tore~oins in~tr~mn~nt, ana lcnowa co me to ee cb. par.m. w~o a, .um omaes ot wa oo:poeatfm.
esecuted the same: aad then aaA thsrs tbs nfb E. RAND~
•~ND1~rR- ON. R-------•~+~ tL~ n1a
~_....i~.
µi...KI~.~REFa.. T T L, - aclmo~rbas. e.~a.~. m. tbat wa
Uutrument U the tres ~et and desd of iaid ooz'Pantion b~ them ~wpkt~~ab esecuted a~ ~noh oftlo~r~ foe t~
t~aD ~
we
hosf~tn t~Mm d~uly~va~cea
~~~Hoa~M
ot ~Dlre~ct~
oi .~a1a ~aoepo
rana~a. ~a nr. oap~cits at
wrrrrrss my nana aad ctedat ~eai tms.-...L3th.._-.--av a4 Janua ~...79 •
.
xotai7 Pub11 aad tae
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v. . , tLe do~mt,~ 8tat~
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~,1~' ; I~r oo~oa esPir+r
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~ C:~ j~~ C3T,=, :3 ~ : /OTA~r rBBLIC. tTATE OF RORIDA AT LAIME
- " ` Y' - MY COAA~t55tON EXPIRES DEG 1971
iOND~p T:INOWN cRCp ~y. DIElT[LMOR/T
~ t1,~C ~r ~1~^ ,
Q R 1~
F< c- b00K 1v~ PACE 6~,
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