HomeMy WebLinkAbout1073 p~operty or any part thereof. ~ ~
6. To perjorm, co~nply tuith and abide by each and every the stipulationa~
agreements, conditions and covenanta in said pro»tisaory note and sn thia deed aet
forth.
7. If any of said sums of neone~y herein referred to be not prontptl~ arnd fully paid
within -15- clnys ~zext a~er the same several~y become due and pa oble,
or if ea~:h a~cd every the 8tipulations, a~ree~nents. coadi.tions and covenanta o~aaid
prorriissory note and this c~eed or either, are not dul~ performed, compl~ed with and
a~bided b~, the 8aid m~~'i~a~ate suna mentioned iaa aaid pro~n.issory note tleen remainin~
unpaid ShQll become due dnd pa.yable forthwith or thereafter at the option of the
.1Kort~a~ee ar~ full~/ und completely as if t~i~ said ag~e~ccta sum of EIGHT THOUSAND
FIVE HUNDRED and NO / 100 dolla,ra uraca ori~'inally 8tipulated to be paid on
such da~/, cr~a~thin~ in scr~d prnmia8ory raote or herei.n to the contra,ry notwith~tandi,n~.
8. Tlt~ .~fort~a~ee mcty, cct an~ time while m suit is pendirc~ to foreclose or to refor»z
tlZia ~nort~ce~ey~r to enforce an~y clai~ns mrisin~' hereunder, appla,/ tu t/~e court luLVin,~
juriadictio~. thtreof for the appointn:ent of a receiver, and sr~,ch corart shall forthwith
csppoint ct nceiver of the premises and alt other prnperty covered herebr/~ includ,ing dll
a~td sin~u&ta' t!u i~tco~ne, prnfits, rents, iasuxa and revenues frnm. whatever sourca de-
rived, cwid auch recPiver ahall huve all the brnad a.~d effective functions and powsra in
anytoiae entrust.ed by a eowrt to a receivera~ndauch ap~uointrr~ent shall b~e ~e by s~ceh
eourt as a~ ad~nitted equity and a rreactter of cr,b~solute ri.ght t~~ said .hfort~d~ree, acn~l
without refere~ce to the adequacy or inadequa,cy of the valcce of the pr»perty n~.ort-
~a~od or to tlu aolvency or inaotveney of scaid .~Kort~cagor or the defendants, and sue/a
income, prnfits, nnts, issues a.ud reaenues shall be opplier~ b~ Ruch receivar accordi~~
to the lien of thi,s nwrt~a~e and the prae~ of sueh court.
? LED AMD REOpR [
i~.lUC1E COUNtr ~
110CER POITRA= ~
CIERK C~RCUtT COURT
RECORO VERIFIEO.,,...,~~
MA1 ~0 g 40 PN'7Z
~ 225311
.1Z~~
' .~t1 ~tfttP88 ~~PrPOf. The said JKort~agor hereunto sets his hand and
i ~eal the day and yecar first obove written.
I
Signed, Sealed und Delivered in Presence of:
,~j ? `
/ A~ Gw
. . EDGAR . PAYN7i0N
1
~~is~-rLG ~ / G~s.~~.~.
C. PAYN
~~tt~e uf ~luri~~
~ $xow~tn
1, an o~2cer authorized to take acknowled~ments ~o~f deeds acco~ding to the
laws of the State of Florida, duly qualifted and actin~, ~l[EREBY CERTIFY that
EDGAR F. PAYNTON and JEANNE C. PAYNTON, his wife
to me personally known, this day ackno~e+led b Qr~ me tha,t they
a~ e~? h
executed the fore~oin~ mort~a~e, and I. F~j~~~'~ -~~~i~7FY` ~htat I know the said
persons makin.~ aaid acknowled~ment lv '~b~ ~ C~i~, ~~ivid~cgis describec~ in and
who executed the said mort~age. . -1 , - • ~ . ' .
~n ~i se ~~saf. I hereunto=:8~t~ ~ny.'~}i~d 4and o~L cioi aeol at
Fort Lau~erdale, aaid. .Cau3j ~ . a~ ~tata~'~~ -lOth
dai! of March , .1. D. 1~12. - . ~ ~ . :
f ~ .
D 7t ~t~e~ ia: ye X r y b
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µy Commission Expira SeP ~
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