HomeMy WebLinkAbout1016 6. To perrroit, com~nit or suffer no wctste, impairntent or ~eterioration of said
prvpart~/ or czn~ purt thcrcof.
6. To perfnrm, compty with and abide by eo,ch and every the sitpulation.s, a~'ree-
ments, conditions and coveriacnt$ in said promissor~ note and in this deed set forth.
7. If dny of said sum,s of mone~ herein referred to be not promptly and full~ pacid
within thirty ~~Js ~text after the sc~me ,reverullJ become dr~e and payable,
or if e~ra:h and every tle.~ sttp~clations, a,greements. conditions and covenants of said
prn~nissory note and this deed or either, dre not dul~ performed. co~rcplied with and,
abided by, the said a~~re$ate sum menti,oned in said prn~nissory note shall become
due acnd payatble forthwith or thereafter at the option of the .Mort~ccgee as fully and
corrrpletely as if t,lce saic~ d~gre~gate sum of Fifty Thousand (~50,000.00)-------
____________________.dotlars was ori~'inal`y stipiclated to e pccid on sicch d.ay,
anythi~.~ in said promissory note or herein to tlce contrary notwitla.standing.
8. Tlu JrlortgcrgP-e mcr.y, l~t ctni/ time u~hil.P c~ 3t~tit is pen~in~tn fnrPr,lose orfo refnr»t
th,i8 nwrlga$e or to enforce any clai~ns arisi~tg /rerercnder, applJ to t/re cot~rt h.2vin~
jurisdietion thereof f'or the appointnaent of a receiver, and srec/L eoicrt s/rall forthwith
appoint ac rece~ver of the premises ancd aIl other ~iroperty cuvered here b,y, izclrcdiia~ all
a~td sin~u.lar the incom,e, prnfits, reiats, issu~s und reve~ccces fibm whcatever sotcrce c~Ge-
rived, and such. recPiver shall have all the broad and effective fiinctiuns an~ poruers in
anywise entrusted by a court tu ca recPiveru,n~srcch Q>>pointment. shall be nw,~le bJ srcch
eourt as an. admitted eqriity and ca matter of absolicte ri~sl~t t~~ said .hlort~Ya~'ee, an~
without reference to the adequacy or ina~equacJ of the va~lrce of the prnperty naort-
~aged or to the solvency or insolvency of said Jl~fort~'a~sor or the ~efendant.4, dnd suc%.
income, prnfits, rents, issues and reaenues shall be upplie~l by srcch receiver accordiii~
to the lien of this mort~a~e and t/ie practi,ce of such cour~.
ln Witness ~hereof~ ~'he said .l~ort~acgor hereunt~o set his lictnal and seal
~
the d,a,y and yectr f~rst above written.
Signed, Sealed and Delivered in Preeence of:
~ ~ i~~..E~~'~Cr-
i Floyd C. Welch . ~
i Evel~n M. Welch
f ' t0 C~',`~.`.~(c. ~ . ~
! _ . LUCiC COUNTY tA.
~ ROGEa POITQAS Rt ~
~ RECORD YEqIFIEO~..~..,...
~Z Z S2 ~'7Z
State of FIorida, 2~ 9
County of St. Lucie
I, an ontcer authorized to take acknowled~menta. o~ deeds accordin~ to the
lawa of the State oj Florida, dui~ quoiifted and actin~, HEREBY CERTIFY that
FLOYD C. WELCH and EVELYN M. WELCA, his wife,
to me per8onolly known, thia day peraonaiiy appeared and acknowled¢ed before me
that they ~uted the loredoin~ mort~aae, and I FURTHER CERTIFY that I
know the aaid peraon$ makin~ soid aaknowledjmeRt to be the individucd deaeribed
in and who e.tecuted the soid ~nort~a
je.
IN WITNES3 WHEREOF, I he~~unto aet m~ hand and o~Jlciol aea~ at
Fort Pierce , said County and State, thia 9~" ,
~U o1 Ma , .q. D. 1972 ~
Y ~ . .
.hfy Commission Expires - 3 - 7 ,Aro Public : • , . ~
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MiA~ ~iLlC. ftATE !f f~MW AT ~WE -a'', '
~CW~MISSION EXPIRES NOV. 1 ~72 . .
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aooK ~02 PA~~ 10~6
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