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6. ':hat [al~in lhc c~~cnt ot auy b.eac~~ ~t th~s murt;;atr o: uc(.:,.ll ur. the ~:.=:t of tr.c `fort;;a::or, 9r lbl .
teu crcnt any of s~id sums ot mo~~ry hcrr~n rctcrrcd w i:c• not promptly ~nd IuJy µutd w•?tiiu~ lGX~fiays next
at~cr the sanu severaUy become due and puy:~ble, v?itho~u itemnnd or noUce, or ~cl m thr erent each and every
!he st~pulauons, abreeu~cnts, conciUions ana co~~enants o( sa~d Promi~.sory note and th~s snortE;ar.e, any or either.
are not 6uly, promptly and fully jx•rtora~e~, d~schareed. execvt,cd, etfectrd, completed, comphed N~th and abided
by. tlien, in either or any such c~•rnt, the s.~id atiFregat~ ~um mcntia~ed ~n sa~d pro~~usso:)• note then rema~~ins
unl>a~d, H•ith ~nterest accrued, a~id all mo~~e~s aecun•d h:~~Y•bl'. shaU become due and pa?Yable forthw•ith, or there-
after, at the option o1 su~d ~tort~,n~ee, as tully ard comNletely us it all ot Lhe s.1~d sums of moncy were oriBinally
st~pL::.ted to be p.zid on such day, anythinB ?n said prom~:sory note, and/or ~n thi.t mort~;a6e to the contrary not-
~rithstandui~;; and thereupon or thcreaftcr at, the option of sa~d Mortsagee. without notice or demand, suit at
:aw• or in equity, theretofore, or thereatter begun, may be pro~ecuted as if a12 moneys secured hereby had matured
pi101' to Its itlStltutiotl.
i. That in the e~~cnt tiiat at the be~;innuig of or at any t?me pcndine any suit upcr. this mort~age, or to
:oreclose ~t, or to reiorm it, andior to enforce payment of any claims hereunde~, said ~iort~;aRce shall apply
:o :I:e court ha~•ing ~urisdiction thereof for the appointment ot a Receiver, such court .shall forthwlth appoint
1 f;ecei~•er of sa~d mortgn;:ed property all and sin¢ular, including all and singuiar the rents, mcome, profits,
:sues and revenues Irom ~~~hnte~~er source derived, each and every of w•hich, it being expressly understood. is
he?eby mort~a~;eci ns it specihcall~~ set forth and described in the granting and habendum clauses hereof, and
such Recei~•er shall ha~•e nll tl~e broaci and effective functions and powera in anyWise entrusted by a court
'o a Recei~•er, and such apUoinUUCnt shall be made by such court as en admitted equity and a matter of ab-
w:ute ri~ht to ~uid \Iorttia~;re, ar.d a~it::oiit reference to the adequacy or inadequacy ot the value o! the prop-
e:t~ mort~aned or to the sol~•ency or msolvency ot said :4fortteagor and/or ot the defendants, and that such
zents, prof~ts, income, lssues and re~•enues shall be appiied by such Receiver according to the l~en and/or equfty
of said Mortsa~ee and the practice of such cocrt.
S. To du3y, prompqy and fntly perfor~n, discharge, execute, eftect, complete, comply v?ith and abide by each
and e~•ery the stipulations, aereements, conditions and ecvenants in said promi~sory note and in thts mortgage
set forth.
It is m~tually covenanted and agreed by and between the Mortgagor and the MortgaBee that this mortgage
~nd the note secureci hereby constitute a Floride contract and shall be oonstrued according to the laws of thot
State. ,
3
IN WTI'NESS WHEREOF, the sald 4lortgagor haa eaecuted tbis mortgage ander seal on the day and year
'~ere;n first above written.
Si d, aealed and delivered in the presence of:
. . . . . . . . . . . . . . . . . . . . /~l~-f _ abetl~J.aP te
• ~t~ < . . . . tseau
&3txk43x3~s~t~X~e ~ zat . .
- .
- o Lrt~ c~ ~ r I;LO...cseal)
.~e-.~-- u..aG~'-*--- tseall
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. . . :U • • -~'P _ . . eS n~~~ . _ . . . . . . . . . . .B . . BER . . . . . . . . . . . [seall
0 11 a
_ ~ ~ eJ csE~.~
e~•3ersey•.••- ' ~
- _ Il~ } ss. '
COL'NTY OF. . . L I- . . . . . . '
; Beiore me personaliy appeared ..J1~.S..L.aP.OR~F..AN.4..~:4~~AB.Fr~~i..L~rQR~~a ~IFE
:
to me w•e)1 knov?n and knoKr. co me to be the ind~v~dual described in and who executed thP foregoing lnatru-
^~ent, and acknoKiedged before me tliat he execute6 the same for the purposes therein expressed.
; 11~ti •
i WIi~IFSS my har.ci and official seal this . . . . . day o1.. _ . . 1~72..
~
€ . . . (~J. K.L . . . ?rt ~~i" . . . ' ~
' . .I~ .J.
€ ~ :votary Public in a d for `
~ the County and State Afo ~ ~ - ' ;
~ MY commiasion ezpirea• ~ , - .
~~`TATE OF . . _ . . . . . . ~
~ 1 as.
~ )
COL':~TY OF. . . . . . . . . .
~ Before me Personally appeared -
~ a r.d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me w ell know n and
~
~ .
~ ;.r.c~:n co me to be the President and Secretary }
s
~ :espect~ve;y of . the corporation :
~
:amcr. ?n tr.e forego:n~ ~nstrurr:ent, and know~n to me to be tne persons who as such officers of said corporation.
~ execuced tne samz: ar.d then and L'r.e:e the said . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . and the aaid
~ .
' . . . . . . . . . . . . . . . . d1d acknow•led~e before me Lhat aeid
~ .r.s;:~mer.[ :s t~.e :ree act and deed of said corporation oy them respectively executed as such offlcers far the
~ r~rposc:s t'r.ere:n expressed; cnat tne scal Lhere~nto attached is the corporate seal by them in like capPClty i?f-
~ flxed: aii ur.der avthority ~n tnein duly vested by the Board of Directors of said corporation.
~
~ WITtiESS my har.d ar.d offic~al seal th1s . . . . . . . . . . day o1. . . . . . . . . . . . . . . . . . . . . . . 1~. . . . . '
~ _
~ _ .
" Notary PuUHc 1n and for
~ the County and State Aforesald.
~
F Ny comm~aslon expfres:
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