HomeMy WebLinkAbout0352 6. That lal in the event ot any b.eaci~ of th~s mort~:tEe o: uet.:~2t or, the ~:,:rt ot u:e ~fo~tRagor/ ot~tb] Iri
ine event any of sa~d sums of mou~3• here~n retcrred w oc not promptly .Zlld fuAy patd u•ith?n•M~idays nexi
atter the same severalty become due and pa3'able, witho~it demand or notice, or ~cl in the e~•ent each and every
the stipulations, agreements, conditions and co~~enants o[ sa+d promissory note and thls niortgatie, any or either.
ai~e not duly, promptly and fully jx~rforni~~, dischar~ed, executed. eftected, completed, complied w•ith and abided
by, then, in elther or any such erent, the sa:id aggregate <<un mentioned in said pro,n~sso:-~• note then remainin8
u~paid, with interest accrued. and all monecs secured heirby, shall become due and pn)able forthwith, or there-
after, at the option of said liort;;:+~ee, as fully ar.d completel~ as if all of the s~~id sums of money were originaUy
stipulated to be paid on such day, anytliins in said prom~~sory note, and/or in this mort~^ae to the contrary not-
withstandinB; and thereupon or thereafter at the option of said Mortgagee, wilhout notice oc demand, sutt at
taw or in equity, thereCofore, or the?•eaiter bc-gan, may be prosecuted as ii al? monc~•s secured hei^eby had mntured
prior W its institutfon.
7. That in the e~~ent that at the beginning of or at any time pending any suit uper. this mortgage. or to
foreclose it. or to retorm it, and/or to eniorce paymen! of any claims hereunder, said Mortgagee shall app~y
to the court having )urisdictEon ihereof for the appoiniment of a Receiver, such court shall forthveith appoint
a Receiver of said mortgaRed propertp all and singular, includinB all and singular the reiifs. income, pmfits,
icsues and re~enues from whaterer source derived, each and every oi v?hich, it being expressly understood, Ls
hereby mortgaged as if speciticall~ set forth and descrfbed in the Branting and habendum clauses hereof, and
such Receiver shall ha~e all ti~e broad and eftective functions and powers in anyRise entrustetl by a court
to a Recei~er, and such app~intment shall be made by such court as an admitted equit~ and a matter of ab-
solute right to ~aid 1?iortBaKre, ar.d ~citrout reference to the adequacy or inadequacy of the ealue of the prop-
erty murtgaSed or to the sol~~ency or in~olvency of said '.~iortgagor andlor oi the defendants, and Lhat such
rents, profits, income, issues and re~•ent~es shall be applied by such Receiver accordinir to the lien and/or equity
of said MortgaRee and the practice of sncl-. court.
8. 1b duly, promptly and fu!ly tx~rform, discharge, execute, eifect, complete, comply With and abide by each
and eeEry the stipulations, a~~ree:nrr.ts. c~nditioas and eccenants in said promi~or~~ aote ar.d ia th3s mortgage
seL Iorth.
9. It is mutually covenai3tec: and ag~•eed by and between the Mortgagor and the Mort~agee that this mortgaBe
and the note secured hereby cons*_itute a Florida contraci ar.d shal] be construed according to the iavts of that
5tate.
IN WITNESS WHEREOF, the said 4lortsagor has e~ecuted this mortga~e ande: sea2 on the day and year
'~erein first above written,
SHEAR-BARRER COMPANY (Not Incorporated)
. se . ~
' an liv sence.of•
. . . . - - - BY_?...... . E~11 ~
Sidney Barr r
A-- ~----tseall ~
-........[Seall
........[Seall
: ~'~ATE oF. _ . . .FLORIDA. . . . . . .
ss.
~ roUrrrY oF. . .$~tOWARD. . . - - - - - ~
~ C.~ `::!:f~t
~~dt~ me personally appearEa . . _ Sidney _Barre~,. _ a _ Pd~:~~gx. .o~. Sh~a~:-B~~]~'e;, .
.
~ ~~-Comp~S~.(Not,.IncQrpQrated) . -
e~ellachayvh and known to me ro he the indi~•idual dESCnbed in and who exccutec3 the foregoing lnstru-
~~iC~f1t,~_~ "~re~ctioWledged befo:e me tl:at he esecuted the same for Lhe purposes therein exprecsed.
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~ . ~~.~~W~.71v~S my hai:ct aiid officiai sEal this. . .3 . . . . _ . . . d8y oi. . v. I.`/ . . . . . . . . . . . 19. 73
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. rf(,~+~`~Ct,`\~ -
; • • , p N4 tt G $ ~ - 4-,,.,~,Q...._ ~•-Q . . . . . . . . . . . - -
. ~Q!'~~ ~~~C~C~f ~Q ~ ~ ~Notsry Public in and for
2~`~'~+~ ~OCtr F~' u f the County and State Aforesald.
~~~R~, ~tR6U~ My commission expires:
4tEC0AU YEa•, tf. .
~ ~ oF . 1~3 7~/t/7j -
~OL'_ OF . . . . . . . . . . . . . . . ~ ~ ~ ~J!i ~
~ ~
Before rsonaU3 aPPeared
and . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • - • . . . . . . . . . . . _ . . . . . . . , to me a•ell known and
,`.r.o~.n [o me to be the President and Secretary
.esPecti~eiy of . . . . the corporation
~:amer, in the torego:n~ ~nstr,.tr.ent, and kno~rn to ta ~e :ne persons who as such officers of said corporation,
executed the same: 2r.d then and tt:ei-e the said . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . and the said
....did acknoveledge before me lhat said
ir.st:ument :s the free act and deed ot said corporation by them respecti • executed as such officers for the
Furposes Lherein expressed: tna! tne seal thereilnto attached is the corporate 1 by them in like capacity af-
.*ixed; all under authorit~• in tl~ein duly vested b~ the B~ard of Directors of sai ration.
WITNESS mp har.;i ar.d offic~al seal this dap of................ 19.....
Notary Public in and for
the County and State Aforesaid.
~ R 1 1?!y commission expires:
E~~r~l~ y1Gt 35Z
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