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~~u ~v~At ot any bewch ot this mort~aas oe detault oe the part of Ne Mort~~gor, or Ib) Ia
th~ ~vant wy ot uid ~ums ot monsy h~retn rehrred to bs t?ot promptly and tully pa~d w?th1A ten daya next
~us i~ ~everally becom~ due and payabls, without demand or not~ce, o~ ~c1 in the eYe~t e~ch and evary
~~qpulsUoi?s, a~ceementa. condltioeu ar~d covenant~ of aard prom,ssoiy ~ote and this mortgage. any or elthes.
a[~ aot duly, promptly iu?d tully pertorm~d. diacharged, executed, eltecte.i. completed. complied with and abided
py~ ~~q, ~u Qjther e~ any such event. tiu said aBBregste sum m~*nt~oned ~n aa~d prom/ssory note then remsinins
u
unpsid, with tnWrest ucerued. and ~11 rnoney~ secured henby, ahail become due and payable torthwith. or era
~itse, at the opUon oi suid .Irtort~agee. as tu?IY and comptetely ss it all ot the as~d sums of money wen origtnall,p
stlpWated to be paid on such day, ~nythina in aaid promissory note, and~or ln this mortgaga to th~ contruy not•
l~w
oe~ia eqiUty. thtretofo~re.n or Were~tter be~un.emsy~be pmaecuted~ae U all
moneyusecured Mreby hsd
iaatured
ptlor Lo tb leutitutloa
q. That fn th~ ewat that at the b~~lnAlni ot or at any tlme pending any sult upon thfi mo~s~~. or to
toreeloss !R. or W r~forna it, asM/or W eatorce payment ot any cluma henunder. said Mortgigee a1?all aPp1y
to We court bavini luttsdictlat thareo= for the appowtment ot • Receiver, sucb court stull fortharitA appotnt
a Recelver ot taid mortga~ed ProPeKY w and singular. tncluding all ai?d singular tt~e tents. tnconae. Proilt~.
Wuea and rev~nuea imm a?lutevee source deMved. each and every ot whlch, !t betng expresslY underatood. 1~
hereby mortgaged as 1t specitically ~et torth and descriEed ia the granting and habendum clauses hereot. aAd
~uch R~celvee sbW havs W the brosd and e[tective functio~s and powers in anywiee e~twted by a eourt
tp • Rsceiv~r. and such appoir~tment shall be me?de by wch eourt as an adn'?itted equity at~d • matter o! ab-
~oluts rfsht to said Mort~a8es. and without sefererce to the adcquacy or inadequacy of the ~alue ot the proP' i
~rty mortsa~ed or to the solvency or insolvency of ssid Mortgagor and/or of the datendaute. and Nat ~ucl~ ~
rnt~. Prottta. incoms. issuea ~?nd re~enue~ shall be applied by ~uch Receivar ucordi~g to the lien andJor equftr
~ wa Yor~a~ee aad tM practlos oi auch cour~
above dditional Iosns or future advances n?ade within twenty years from date hereoi by the
morigagee to ~aid mo ea~successor in ti11e ot said mortgagors ot the prnperty hereby conveyed;
provided that the total unpaid balanceat-the--iadgbtedness secured hereby at any one time shall not exceed
the maximum prlncipal amount oi _ . _ ' . _ _ _ _ . Dollars
: . . plus interest thereon and anY disbursemen the mortgagee for the {,ay-
ment of taxes. levies or insurance on the property encumbered hereby, with intec~es-f~--sae~..di~bursements.
~ q/~gg R~OF. ths sa[d ~[ortaagor bas execute8 thfi mort~age under seal on the day and year
henin ttrst aDove writtm.
gi~nad. ~ealed and dtHvered in~
aence ot:
~ ,
~ ? ~
, - ~urton T. Watson
~ _
. F~....~~?.~ ~ `
STATE OF.. ~ ' '
COZJNTY OP'--.~.~~.N._ .
sero~e me ta.~on.ny ~p~•-
Lurton T•.- Watson
.t ~
to me well known and known to me to be the individual_... described in and who eacec~ted the foregoi~g ias~` .
f inen~ and acknowledged before me tha ._.ha... ezecuted the ssme tor the purposes thereia exPres.se~?~ 21;~3 E
~ ~ 41~.•,as . '
, ~d ~,d ofn~ ~...._..a3 _.......~.r ot..~.~.......~---~:::.~ ~ -
_ . ~
I r • Q `_,.a
` r A' . ~ ~h ~ •v _ ~
~ NOw.~/ PI1~C ~A BiIQ ' ~ ~ fr
x the County and 8bte Afo~sitcl."r 2. ~
,
~ - My commfssion expires: . ST~IZ - '
. ss. h':``~. : ` - _ s
~ QF._» _ 8t'i ^ ,.,.....:i ........::i ~
Befors peraoaally appeared.__ .............~._.....w_
anb.._.._........_._......_......» . . - W me w~ll iufown aad
known to ms to bs the..._.._...._ ..............Pre~tAent aad.._...~....-------•---»-- Secretas7
respectlvely of i]tie oorporatloa
named in the tor~oln~ inatnim~nt, aad lmo me to be Ws per~w~i wbo a~ nub oidcan e~ said corponttom.
eaecuted the same; aad tlren and there ths ~atd.___.._..... .............._....._..........._.._.._.~...aad th~ MW
, _,_..~..d{d ackiwwled~e bsior~ me that ~alA
lnstrument is the tree act and deod ot uid corpontion by theas re~ vely executed a~ auch of!lcsss for th~
purpo~ea th~rein expres~ed' that the seal thereunto sttached i~ t]~ oo te ~eat by them 1a lfks capacitY at-
~ tiucd: a11 undar authority W them duly vested by t,he Board oi Dlrectors o! corpor~tton.
~ ~ 1Y......_ ~
wrrrrass my ~a ana oce~w .eai uw-...._ ...-.d.~? a~-----.
~
f1~E0 aN~ RECOaDEd Notary PubHc tn and for €
ST. LUCIE COUNf7 FIA. tLe Count7 aue Stats wtore~a~d- :
ItOCEh POITRAS ~ ~ `
CIERR CIaCU~T COURT -
~ itECORO VER~FIEO-~./~ ~
~
~ SE,r 25 12 ~s PN'T~l ~
2~2~60 Q Q
6001c PAGf 05~
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