HomeMy WebLinkAbout1702 income, profih, is~ves nnd revcnueti arc hereby mortflagcd us il tp~tifitpllr s~t (orlh und desuibccl in tl?o 9~untin4~ ciixl hubcndum
clcw~r~ hcrcal, pnd tuth rccciv~r ~hull huvc all Ihc broad und ~llctlive lunctions and powc~s m any wise enttveled by o tovrl to a
rcteivcr, ond such uppoinlmrnt ~hull bc made by ~uth tourt ns an t~dmitlcd equity and a mc~Uct o1 ab~olvl~ right in thc MQrl~u~~ce,
pnd wilhoul iclcrcncc lo Ihc aJrqvacr Or inndcquacr of ~hc vol~c of ~hc proper~y mortgi~c~cd, o? lo Ihe ~Olvoncy or insolventy o1
Ihe Muilyogo? and/or 1i,e detendonl and such rent:, profils, income, issues ond revenu~> >hc~ll be appl~ed by ~he receiver accord~~~g
I~ d~e lien und!or equilr o( this nrortgoge ond Ihe practice o~ svth to~rl~ and such oppoinlmenl ol receive~ shpll be without nolice ~
to any obligo~ hereunJer. €
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NINTN: Tt~e Mortgoyor hereby waives oll rights o( homcslead a~d exemption g~onted br the Cons~itution ond laws af
Florida. It is specifitally agreed Ihol time is ol Ihe essence in this contratt ond Ihot no wniver by Ihe Morlgagre o( any obl~c~nl~on
1,creunde~ o~ o~ Ihe obl~golion secu~ed hercby shall 01 any time thereofte~ bc hcld lo be o woiver o~ thc terms hereo( or of the i
ob!igat~on securcd he~eby. ~ , j
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or Carlton
PROVIDED AIWAYS, ond ~his morfgage is on Ilie ~xp~ess conditio~, Ihol if Ihe Morlqogor/sholl well and Iruly poy unto
thc Mortflagce Ihc soid sum' ot money mentioned in soid promi~so~y note refc~red to he~cin and secured he?eby and ony renewols
or cxlensions Ihcrcof. ony lu?Ihcr advpnccs and any other indebledness ~efcr~ed fo herein, in wlialever /orm, ond the inleresf
lhereon as il sholl become dve, according to the Irue inrenl ond meoning thereof, toc~ether with oll cosis, thoryes and expenses,
~ncluding o reo~onoble attorney's (ee, which Ihe Mo~le~ayee moy incur or be put to in colleding Ihe same by (oretlosure or other-
wise, or in protec~ing ~he secvrify of Ihe Mort~agee, whe~her br suit or otherwise and sholl well and Iruly keep, observe, pertorm,
comply with ond abidA by eoch and every the stipulotions, agreements, conditions and covenonts o( soid promissory nole and this
morlgoge as and when required ~hcreby then this mortgoge ond the estote he~cby treoted sholl tease and be nul) and void,
otherwise the same ~holl remoin of binding force ond etfect. ' ~
It is understood that any default by The Carlton Corporation under
that certain Loan Agreement dated as of March 1, 1975, by and between
The Carlton Corporation as Borrower and Mortgagee as Lender, shall also
constitute a default by Mortgagor under this Mortgage.
IN WITNESS WHEREOF the said Mor~gogor hos made, executed, scoled ond delive~ed this mortgoge on the doy ond -
yeor first above written.
Signed, seoled ond delivered BLAC ~ C~~.
in the presence of: '
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- ~ ~ - By - --tSE~.)
resi en
- - ~L° V_, ~'`c-- _ (sE/?t)
- - - ------~SEAI) .
- - - . • (SEAL)
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i STATE OF TEXA,S
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~ C~UNTY OF DALLAS
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F a Notary Public, hereby certify thof _
y _
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~ iii8 - personally app red before me, ond being dvly sworn occo~ding
~ lo low, otknowledc~ed thof he 1S___~~sidP,Ylt _ and. . r
~ e~~t, of Ihe morlgagor herein nnmed, that he ]S duly aulhonzed to exetute, ocknolwedge and detiver the soid mort-
~ goqe for fhe purposes iherein exp~essed. .
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~ IN WITNESS WHEREOF, 1 have hereunto set my hand and a(fixed my notorial seol t' doy of___A~rll _
~ , 19 7~•
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§ ''L'~~~~'-~-,. Noi~~ PubUc n and fo
r the
~ State and County A~oresaid i
' • - My tommis~ion expires: 7~^~ i
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ga~2~38 P~1699
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