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9. xX 'l~hat (a) iu the eve~n o( any breach o[ thi. mortgage or de[ault uu the part [ the \Iur~KaRur, ur (b~ in the e~•ent auy
o[ said sunu moncy herein referred to be uot promptly and (ully paid M~ithin ~Oda~s next aFter tt;r same se~e~ally be-
come due and pa~~able, withoui demand or uotice, or (c) in the e~•eut eacl~ and e~~ery ihe +tipulations, aRrermeots, conditions
aud co~•enants ot said promissory note and this mortKage, any or either, are noe dul~•, prc?mpily and [ully pertormect, clis-
char~d, executed, e[[ccted, completed, complied Nith and abidcYi by, then, in either or an~• sud~ e~•ent, the caid aRRreRate `
sum ~neutiuned in said proniisaory nott thtn remaininq unpaid, h ith interest accrucd, and all mone}'s securrei hercby, .hall ~
become ctue and pa~•able forthNith, or therea[ter, at ~he opeion ot ,aid \Io~~~aRee. as full and c~~mpletely as i[ all of the ;
said sums oE money werc originally stipulated to be paid on such day, anything in said promissory notc, and!or in this mort- #
~-afir to thr contrary notwithswnding; aud thereuE,c~n or ehereafter at tlie optio~~ ~t said \IortKaRee, without uotice or de- j
n~anJ. suit at law or in equity, thereto(orc. or therea[ter beRun, may t,e pro,ecutcd as if :~Il monc~•s secureci hereby had ~
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mawrccl ~~rior to itc institution.
10. }p{ 7~hat in the e~•ent that at the begiuning o[ or at any timc pe~eding an)• suit u~~on thic m~?rt~aKc. ~r to toreduse it. or ~
' ~ W reform it. and/or to enforce payment of anJr daims hereunder, saici ~fort~aRee shall appl~• to ~he cou~~ ha~•ing juri,diction
thereot for ~he appointment of a Recei~er, such court shall torthwith ap~wint a Receiver uf s:~id mortga~ed pmperty all and i
singular, includiug all aud singular the rents, income, protits, issues and revenues [rom whate~er source deri~~ed, each and !
e~ery of which, it beinR exprecsl} undersuwxl, is hereby mortgaKeei as i[ specifically sct [orth aud described in tht ~ranting +
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and habendum dauses t~ereuf, auc! such Recei.•er shall ha~•t all the broad and effectiee (unctiocis aod powen in an~tivise
entrusted b~ a court to a Recei~•er, and such appointment shall be maele b~ ~uch court as an admitted equity ancl a mauer of
abu,lute right co said_ ~lor[Ragee, and hithout reference to the adequacy or inaclei~uac~• of the ~•alue of th~ propert~~ mort-
~a~~Yi or to the v~l~~enc~~ or inu~henc?• ot said ~tort~aKor and;or o[ ~he elefendan~s, and tLat tiuch reut.. ~,r~~fits. income. i.-
sues and recen~es st~all be applied b~ such Recei~•er according to the lien and~or equity ot cai~l ~fortga~ee and the practice
of such court_
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scribed anv additional lo~ns or [nture ad~•ances m:?de within tN•ent~~ years from date hereof b~- ~he mort ~ mortga-
Rors ar an}' successor iit title ot said moregayors ot the propert~ hereby con~•e}•ed: ro~•~ tota? unpaid balance ot
the indebteclness secured hereby ac any a~e timr shal! n e ma~imum principal amount ot .
Dollan plus interest thcreon and any
disbur • e~~ tl~e mortgagee tor the pacment oE taxes, le~•ies or insurance on the propert~• encumbereci hereby,
I\ \1'IT:~ESS WHEREOF, the said ~InrtgaRor has executed this mortgage under seal an the da}• and ~~ear herein first
abo~~e written.
Signed, sealed and deli~~ere lin the prtsence of:
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- - f - - - . - - - ~ - C ~ L-~--
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_ ~ _ ~ . . _ _ M. R. NELSON, individually and as
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Trustee
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: sTaTE oF -FLORIDA . - -
~ COU11~Y OF MARTIN s~.
, - - -
E M R. NELSON, individuall and as Trustee,
~ Be[ore me personally appeazed _ . .y .
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~ to me well know and knoMn to me to be the individual described iu and who executed the fnregoing inscrument, and
~ acknowleciged before me that he _ executed [he same fo~he purpc,ses therein expre~ul.
~ -~`tKTfNE~SS mt hand and otficial seal this ~ da~• o[
_ -~mber__- -,197_~
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: ~ ; ~ . ~ ~ \otary Public in and [or
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~ `t ' ' ~ ~ ~ : i ` the (~ount}• and State A[oresaid.
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~ ~ v~+ • ~ 47 ~ commission expires: ~ /yp
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and - - - - - - - - , to me well 1 and ~
known to me to be the President and Seuetary
respecti~•ely oi - - - - - - - - - - - - - . _ . , the corporation ~
named in the foregoing instrument, and known to me to b~ the perso as such officets ot said cor~ration, executed
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the same: and then and there che sa~d . and the said
~ ` did acknowledge before me that uid
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~ instrument is the (ree act an of uid corporation by them respecti~~ely executed as such of[icers for the purposes there-
~ in ezpressed; that e thereunto atuched is the corporate seal by them in like capacit}• a(fixed; all under aathority in
y them dul v y the Board of Directors of said corporacion.
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F~ f,~EO ~Ne REC~a~~ t
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~ st ~uc~E couM ~
~ ROGCa ~p~TR?S
~ ~ ~~fqK ~UtT COUR? 6t
~ REC~~~ ~ '1fP~~lEO
v. ~ ,T3
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~ 9~!' Q~~ 900K~~1 PAGE.18
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