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HomeMy WebLinkAbout0576 i } . • ( { 1 ment of principal or interest an the Note within 20 days after ; the due da~te ; or ~ ~ (b) if anv other covenant on the part of the ~ ~ Mortgagor contained in the Note or this Mortgage shall not ~ ; be performed or observed, and such default shall continue for S a period of 30 days after written notice to Mortgagor specifying such default and demanding that the same be remedied; or (c) if by the order of a court of competent ~ jurisdiction, a trustee, receiver or liquidator of the Mortqaged Premises or any part thereof shall be appointed ~ and such order shall not be discharged or dismissed within 60 days after such appointment; or (d) if the Mortgagor shall file a petition in bankruptcy or for an arrangement or for reorganization pursuant to the Federal Bankruptcy Act or any similar law, r- • L~a.. S C 1~i• ~7n~~nsa nf a rAt7lrt' Af CAlI'IDEteilt iCUC101 v~ a~cia.ci ~ jurisdiction, the Mortgagor shall be adjudicated a bankrupt, ~ ~ or be declared insolvent, or shall make an assignment for i t the benefit of creditors, or shall admit in writing its in- ability to pay its debts generally as they become due, or shall consent to the appointment of a receiver or receivers ; of all or any part of its property; or i ~ (e) if any of the creditors of the Mortgaqor sha11 file a petition in bankruptcy against the Mortgagor ~ for reorganization of the Mortgagor pursuant to .the # Federal Bankruptcy Act or any similar law, federal or state, and if such petition shall not be discharged or dismissed within 60 days after the date on which such petition was fil~d; or (f) if final judgment for the payment of money shall be entered against the Mortgagor and not discharged r -7- . 600it PA~f 5~ ; _ P~UL S THOMSON, 1314 FIRST NATIONAL B~NK ~UIlO1Np, MlAidl, iLOFi1DA 33t31 ~ ~