HomeMy WebLinkAbout1552 5. To perrriit, commit or suffer no waate, irripairnaent or deterioration of aaid
_ property or any part thereof.
6. To perform, compl~ with and abide by each and every the sitpulations, a~ree-
»ients, conditiona and covenant~ in said prontissory note and in this deed set furth.
7. If a.~y of said sums of ~rtoney herein referred to be not prorrzptly and futty paid
within thirty c~~s ne.~t after the same severcrll~ Lecome c~ice and ~ able,
or if each and every the stipulatiores, agreements, coaditio~cx and covenants o~said
promissory note and th~.s deec~ or either, are ~~oE dulJ perforrned. complied witl~ and
abicted by, tlte said a~'~'re~ate sum »aentioned in said prnmissory note shatl become
due and payacble forthwith or thereafter at tlie o/~tioii uf tlce ~ilort~'a ee us ull and
com~uletely as if tlr,e suid a~~'re~ate sum of QNS MILLIatd 3DC HUND TWO
OU3AND FOUR HUNDRBD dollars was origi~aallaj stipr~lated to be paid on srcch d.a~/,
nnr~thin~ i~t said prnmtssory note or llerein to the coiitrary uotiuithstanding.
8. The Jlfort~a~ee rnay, at unr/ tirrie :c~hile a suit is per~din~ to foreclvse or ~fo reforna
thia nZOrt~a~e or to e~efurce any clairras arising Ir.erercnder, ap/~ly to tl~e court luiain~
jur~sdiction thereof fbr the ap~uoinf»aent of cr. receiaer, a~cd such corcrt vhall forthwith
appoint ca receiver of the prernr,ses and a!t other ~iro~,erty cuvere~ here b~/, incladiiag all
and sin~ular fhe ineor~ze, profits. rents, issuxs und reven rces frnm unc~cteaer soi~rce de-
rived, and such recpiver shall have all the broad a»d effective fi~nctions an~ power8 in
anywise entrusted by ci eourt ta a reePiverunc~srcch a~~pointmeni shall be m.~u+~e b~ su.eh
eourt o~s a» admittec~ eqicity and ct matter of absolccte rig/it tu said .~Kortgac~'ee, acn~
without reference to the adequacy or inadequac~ of the va~tr~.e of the prnperty ni.ort-
~'aged or to the solL•ency or insolvency of sai~l .~ifortga.~or or the defendants. a~ suc/c
inco»te, prnfits, rents, issues anal revenues shall l~e upplie~! by srcch receiver aceordin~'
to tlu lien of this mort~a~ge and the practice of such court.
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? • ~tt ~tt1tp88 ~~PrPDf, the said party oj t.he flret part. has
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~ ~ ~ ~ caused these presents to be signed in its name by its Pre.4icdent,
" d~•,~:~`,.' and its cor nrate seal to be u ed attested b its
=~Oa~L'd~ ~'rii~''~ p t~ ~iay arul year above written.
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Signed, Sealed and Delivered in Our Presence :
B,y ~
President.
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~?~ir r?f ~Im~id~ ~
~f ST . LIIC I$
I, an of~cer atctl:orized [o ta~:e ack~roialedgme~rts of deeds arecordirt~s to tlze
Zatvs of tlae .Stat.e of Ftorida, duly quctlifaecl a~rd acting, that
aORDUN 3r. NUTT ~ ,
A~~i~c as Preside~i t aW~147~~ oj (~O~tDON S. NU'I'T HOLDIN(~ COI~PANY, INC .
to me personally J~-nozr.n, this daJ acknor~~led6ed before me that i~ie.e~ executed tlec~
jore6oin.a mortgcr~se as srtch offtcers of said corporatinn. a»~1 thotYlae7~ af~`ixed 1)ierPl~
the off'icial seal of sard corporation; an~l ~~~I~er (~rrt~fg. tJzat I~~now lhe
said personicma~:in~ sai~l acknowledaments to be the indiridual~cdescri.bed in and
who executed t,hP said mortdage.
~t[ ~itritg~c ~[fjereof. I herer~nto set mJ lrand ~~rd o~ci~l seal at
Fort Pierce said Cor~nt~ a~rd S'tate, this 17th
day of iKay ,.q. D. 19 72 .
No ry lic 3tate of Florida at Lar
.hfy Co»z~rcis8ion Ezpires 7'- 2 2-~'Z'
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