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Home My WebLink About2311 prupertJ o~ any /~art tlaere~j. 6. Tc~ perfnr~n, c~o»iply t~~itl~ u~id crbiclr bi/ eac~l~ uir~l ever~ tl«~ stipr~luli~.~is, a~srec~nir.~ils, c~c~»di.tions u~rd coi~eunn.ls i~i suid /,ru~~tiss~~r~> >r~?t~ u~r~l ~n tlrix ~leecl aet jortJt 7'. I}' any of sc~id srcnasof n:arcy h.erein referre~ to be not pron:ptly and fully paid within sfxty (60) ~n~c ~text after the same .sevPrally Lecome dt~e and p~~able, or if en.~h and eaery the stipriuatians, a~reerrients, conditions a~:d coaenants of said pro~r~issor,y note and th.is deed or either, are not dtclr~ perfor»eed, complied with and abided by, the suial ac~gre~acte su~rt me~tioned in sctid promissorJ ~aote tlreia renauining unpacid shall becom.e diee and pa~able forthwith or thereafter at the uption of the JK~ort~agee as futly and conipletel~ a.s if th,e said cc~~'regate sum of' Forty-eight Thousand 4 8, 000 . 00 dollars was ori~inally stipcclatec~ ~o be paid on such day, anything in sc~id prnmissory note or herein to the contrary notwithstandin.~. 8. The .hfort~agee mcry, c~t ctnr/ time u•hile ct suit is pendirr~'to foreelo.se or~o refor»t this mort~ag'e or to enfurce any r.laims arisin~ laerer~n~er. ap>>ly to tl~e cor~rt h.~zuiag juriadiction t/tPreof for the appoi»tnient of a receiver, ~tnd srcch ca~•rt s/~all fort/iiuith cappoint d receii~er of' the prem.ises and all ot/ier properfy cuz~erP~ here b,y, ir~cludi.~ig all und singula-r tke i?tcome, profits, reiats, issues und revenues from whcatever source tle- rived, and, such recPiver shall have all the brnad and effectiue functions an~l pou~ers in anywise entrusted b,y a cor~-rt tu a recPit~erv.~r~srcch appoi~atment, shall be mar~e by s~u~h court as an admitted eqtcity and a matter of a_bsolecte rigl~t to said .hlortgagee, aiarl withou~ reference to the adequacy or inadequacy of the val~ce of the prnperty n~.ort- ~a~ed or to the solvency or ansolvencJ of said .Mort~agor or the ~lefendanls, and suc%. income, prnfits, rents, issues and revenues shall Ge upplie~t by sicch receiver a,~cordir~g to the li,en of this morlgage and the prccctice oJ'such court. 9, During the first year of the existence of this Mortgage, the ortgagee shall, at the request of the Mortgagor, without the payment by aid Mortgagor of any additional sums, release fifteen (15) of the lots escribed herein, at the proper costs and charges of the Mortg agor, such elease being in consideration of the sum of Seven Thousand($7,000.00) Dollars paid by the Mortgagor unto the Mortgagee prior to or at the time f the closing of this transaction; during each subsequent year of the xistence of this Mortgage following the first year, the Mortgagee shall, t the request of the Mortgagor, release twenty (20) additionaZ lots, rovided that the annual payments, together with interest and all other charges as set forth herein have been promptly and timely made, such re- leases i.o be at the proper costs and charges of the Mortgagor;and, in a~ditio , the Mortgagee shall release from the lien of this Mortgage ~ a ter t~ie first year of the existence of this Mortgage any number of . ddi,tional lots as herein described as may be requested by the Mo~tgago pon the payment by the Mortgagor unto the Mortgagee of t~ie additional sum of give Hundred Fifty ($550.00) Dollars for each and every lot so requested to be released over and above those twenty (20) lots provided for ~erein and the sums so aid for the release Q~ s ch additional lots ,y t e Mortgagor unto the M~rtgagee shall be credite~ first to accrued ' interest and the balance, if any, shall be applied to the final princip 1 'i ayment hereunder. Mortgagor has caused these presents to be ~ Jn ~tfriPB~ ~herpnf, ~~~~~~+~x~~~~~~~X~~~x~ ~ XXX~t~Xl~~t~~~~'~fX~i`i3~X3~~~, executed by , ~ its , attested by , its Secretary and its I ~~~~~ki~i~ ~txxx~~~~~~~~~~~~~l~~~~ ~ - ~~t~t~ ~ corporate seal affixed, all as of the day and year first above ~ ritteh. ~ ~ ~ r ATTEST~• WAYNE CONSTRUCTI N -~'"''"'d r~ ~ . COMPANY By Lt~' ' . n ~ ~ ' . ~ S"C.~'CE OF FLORID:~ COUNTt' OF SAI\ri' LUCIE ~ 1 HEREAY CERTIFY. Tliat on this l~~ - day oJ . August _ , A. D. 19_??-. ~ ~ F~e)ore me personally appearecl -.51C~xri~-Li. -~ine~, .ir ~d P. A. Sines r~specfivelY - President ancl - - - - $ecrefarY o~ ~ _ Wa,yne .Qns ruction _OIIID~___ _ _ a _Elorida corporation, to me ~ known to 6e the ~ersoru d~~6ed in and u~ho executed the Jorc~oing insirument, and seaerally acknowledged t~e exe- .,.~t~••~:,~.. ~ cution thereaj to 6e t~eih,fres'act and deed as such ofJicera. /or the use~ and pwposes therein mentioned; ~d ihnt th~? - ~ a(/ixec~ l1~er~ato~~llie..ro~~itiu~'s~gl of saic~ corporation, and t1~e said inslrument is the act ancl deed o) said co?poration. a ~~'lT`:=SS m~+ I~.and-nnd_ ol~fsial senl at Fort Pierce said co y and state. f ; ~ ' - l~-~--~ - - - - ~ --Notary Pu6lic, in and (or Sfate and Counly A/oreaaid. ~ . . , ~ , U R~r,e t~~~l~ly Commission E.rpires: u.~ ~ = aoex VJ Far , ` ' ' ~ ~r ~ ~ - ~~~~r ~ " x r ~~~~~~`.`~~'i4~.°'.=y'~""er~ `Y .