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~ NOW. if all paymenu are made as hueia provided and all of the terms. ooveaaau and agreements con-
' • tai~ed huein are performed aad observed. this macgage shall be null aad void and ~all be teleued at the
ca:t of che moatgagor. which cosc the matgagor agrees to pay; bnt upon defsult in aay of said paymeau ot
upon any default in the performance a obsuvance of aay of the terms. coveaan~ a ag~eemena of thV
mortgage. then the whole of the iadebtedneu heteby ~ecured. at ths optioa of the matgagee or legal hotdu
of uid note. shali beoome immediately due and payable wichout notlce. and the matgagee may fmmedlate-
-ly cau:e thU morcgage to be foreclosed in the manaa presaibed by law; and upon oommencement of fae-
closure proceedtng:. the matgagee shaU be entitled to hava a receiver appointed, whetha a not the
premues are home~cead and without proof of any othu gROUad tor such appointmeat than wch default, to take
possession aad chuge of the premius. to rent the same aad recetve aad colleci the reaa. Lwa, lacome and
proftu chueof undu direccion of ~,e coun, and any amount so collecced by wch receiver shall be applied
under direction of the oourt to the payment of any judgment readered or amounu found due upon faeclowre
of this macgag~ and in the event of any such default. the matgagee shall have the right iathwith to enter
upon and take posses:ioa of the pcemises and torent the same and recetve the rents. lssues. income aad profia
thuwf and to apply the same. afta payment oi all necessary charges and expeases. on account of the ia-
debtedness hueby secured aad to fu1fU1 aay of the obligatioas contained hereln. The proceeds of uid fore-
elosure shall be applied; first~ to the expenses incutred hereundu; secoad~ to the payment of whatevasums
the morcgagee may have paid or become llable to pay in carrying out the options, terms and provbio~ of
this mottgage~ togetha with tnterest thereoa; third~ to the paymeat and satisfaction of said note; and fourtt~
~e surplus. if any. shall be psid to the matgaga, oc otherr+ise as the court may decree.
All awardi made by any municipal. oounty. state or fedecal authority. whethu foc a taking of title W.
possession of. or aay incerest in the premises a aay part thereof a fo~ damages wsuined by the premists or ;
aay part thueof o~ fa any dunge of grsde of :ueea affecting the premises. are hueby assigaed to the mon-
gagee. aad the matgagee, at iq oprion. is hereby authociud~ directed and empowered to oolltetandreceive
the pcoceeds of all such awuds from ihe authorittes making the same. to give proper receipa aad aoquituncd
therefor aad to apply the same toward the paymeat af the amount owing art acoount of ttte irtdebtedaw hereby
secured~ aotwiclutanding the fact that such amount may not be then due and payable; aad the mortgagahereby
coveaanu and agtees, upon request by the matgagee, to make. execute and deliver any aad all atsigaments =
and other insuumenu aufficient for the purpose of assigning the aforesa.id awazds to the matgagee..free, cleat
and discharged of any and all encumbrances.
The premises beiag locaced in the State of Florida. this macgage and [he aote hereby secured shall,
without regud to the pLce of con~act ar payment, be oonmued and enforced according w the law: of the
Scate of Florida.
Notr,rithstanding any provLion herein or in said note. the total liability for paymeau in the nature of
intecest shall not exceed the limiu now imposed by the usury laws of the State of Flotida.
IN ~+~ITNESS wt~tEOF. J. PERRY KNIGHT, GEORGE W. WEAVER and RICHARD D.
FELTY, Partners of F.K.W. GROVES, have ~
hereunto set the ~d s and seal s~ this ~ b da y of ;
is 73 . ~ i
Signed. sealed and delivered
in the presence of F B.W GROITF~ 8 tnershi
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~ Rzc ard D. Felt
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~ S7'ATE OF F~~~D~ ~u.~+t..~[1~•...~o ) u~ _ j
COUNTY OF ) {
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I hereby certify that on this day before me. the uadersigned. a Notary Public, an officudulyauthor-
ized to take acknowledgments in and for safd State and County, persoaally appeated
n;.
Richard D. Felty
co me well known and known by me to be the perso~(s) described in and who executed the foregoin~T~i~: ,
gage and severally acknowledged to and before me that he executed the same freely aad vol~taji}y:
~ and {or the uses and purposes in said insrrument set forth. _ ~
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~ IN ITNESS WHEREOF. I have hereunto set may hand and affixed my off[cial seal thls ~(e •~~ay r~ ~
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Of ~~'~`E-- ~A. D, is ?3 ~ a~ f~~?yy~,«i fA ' '.r.• . ~ :
t h e S t a t e an d C
oun ty a foresa i d. i •
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My commission expires Notary Pu lic
FRANCES E. WALKER, Na a~y P~bf;c fl R
My Comminlon Expire: Jan. 28, 1977 g~~~ ~~~t~
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