HomeMy WebLinkAbout0365 6. 'I'hat (a) in tM evsnt of any bte~ch ot this mo~teaee o~ detault on ths p~rt ot ths Mortgagor, or (b) i~ ths
~vsnt any ot said sums ot mo~ey t~erein retetrad to bs oot promptly snd tully paid withi~ thirty days next atte~ the '
sams sevehlly b~com~ due ~nd payabls. without demand or r.otic^, or (c) i~ ths event each and e~•ery the stipulationa,
agrsemeoh, condittons ~nd covenanb ot uid pmmisaory note and this mo~tgaes. aoy o~ either. ere nol duly. promptly
and tully pertom?ed. dixharged, e:ecuted, etfected, complated, eomplied with and abided by, then. in either o~ any such
event. the said sg~re6ats sum mentioned in ~aid pmmiuo~y note the~ remainine unpaid, with interest accrued, and eli
pw~ys aecured hereby. shall become due and payabls [d~thwith, or theceatte~. at tt~e option ot said Mortgagee, as
tully and eompletely as it all ot ths said sums o( moaey were oriQinally stipulated to be paid on such day, an~Khing in
said pmmissory nots, and/or in this mwt~ass to ths contnry notwithstanding; ~od thereupo~ or thereatter at the op-
tio~ of aaid Mortgagee, without notice or demand, suit at law o~ in equity, theretoto~e, or lhereafter bc~un, may l~e
pmxruted as it all mo~eys sccured hereby had matared prior to iu institutioo.
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7. That i~ ths event that at ths beginnin~ of or at any tima pending any suit upon this mortgage, or to [oreclose t
it. or to netonn it. wid/or to enfores p~ymeot ot any claims hereunder. said Mortgagee shall apply to the court ha~ing
juritdietion thereo[ tor ths appointment of a Recsiver, wch couvt ahali torthwith appoint a Receiver o[ said mort~aged
ptope`ty oll ~nd singulat. tncluding ~11 and :ingular the re~ts. income, profits, issues ond revenues tmm whatever. source
derived, each aud every of which. it bei~ espreasly understood, is hereby mortQagec! as if apecilicelly, set forth a~?d
desc~ibed in ths grantin~ and lwbendum clausss hereof, and such Reeeiver shall havs all tAe broad snd eftectivs fu~r
tions and powen irt anyaiss e~tnutad 4r ~ cou~t to • Receiver, and wch appointme~t shall be made by such eourt
~s ~n ~dmitted equity"ahd t tnatter of abaolute right to soid Mortgagee, and without reference to the adeqwcy or io-
~dequacy ot the wlue of the pmperty mortgaged or to th3 solvency oc insolvency ot said Mortgagor and/or of the
detendaots, and t6st such renh, prDfits, income. issues and revenues shall be applied by such Receive~ according to ~ ~
ths liea and/or equity of wid INloctgagee and ths pnctice ot such courL
8. To duly~ pwmptly and tully periorm. discharge. ezrcute, et[ect. complete, comply with and abide by each and ,
every the . stipulations. ~greamenta. rnnditions and covenants in said promissory note and in this mortgage aet forth.
9. It is mutually coverianted and agreed by a~ between the Mongagor and the Mortgagee that thia mortgaQa
and the nots setured hereby comtitute a Florida contract and shall be construed according to the laws oi tlat State.
IN WITNESS WHEREOF. the aaid Mortgagor hes e:scuted thia mortgage uader seal on the day and year hetein
fint above written
Si~ned. sesled and delivered i~ the presenee oi: P TIC CO ~C . -
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- - . By' _ ~ . - \~-C _ c c ~
. V. V. B WMAN, JR., Preside
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~~'~4~,~~n~i!'!$~r! iM1R Peaotitlly ~ppl~fld _ . _ . _ _ . _ _ _ . '
to me ~re11 Imo~vn and Imown to me to bs the individwl dexribed in and who azecuted the foregoic~ instrument, and
~clmowled~ed before me that he e:ecuted the wne for the purpoaes thereia ~pre~aed.
WITNESS my hand ~nd offcial seal t6is . _ day of . _ _ . 19.._______.
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Notary Public in u~d for "
the County and Stats Aforesaid.
~ _ My eommiuioa ezpires:
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, srwTE oF __FI~ORIDA._ ,
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COUNTY OF.. .~~L._~AC~Is..........
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~ Beforo ms penonally ~ppe~rsd . V V _.BQW~N ~ . . _
~ .~a . JAMES E. TITNING _ . _ . . _ _ to .~Qu .~a ~
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~ known to me to be the . President aad _ _ . _ _ _ Setretary
~~..rc~,, or PF.~TLANTIC C~J . , INC . _ _ _ _ , ~ ~tic~
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~ named in the foregoing instrument, ~nd lmoan to me to be the peraons wiso as wch officen of aaid eorporation, ezecuted ~
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~ the same: and then and there the said _ . _ _ V. ~._..v BOWIKAN JR . _ and the s~id ~
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~ _ JAMES E . T~ ~('i _ . _ . . . did acknowledse beforo me t6at said
e inatrumant is the ire~ ~d aad deed oE a~id corpor~tion by chem respactively ~xviced aa such otficen for the purpwe~
~ therein ezpressed: tlwt the seal th~reunto attached is ths oorporate seot by tbem in like eapacity dfiud; aU under
~ ~uthority in them duly vested by the Bwrd of Direeton of said cor~oration. _
~ . _ , 19___75
1~(IT}y~s,s mr b.Aa .na otrKN~ ew. _ a.y ot . Jul E
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~ : J-- ~ G r y'~. - J~E~E'G~sL~
` ~ L , _ _ ~ ~C ~tybtand State Aforea~id.
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~ ; .r P ( j L G'~ ' _ - : - My eanmission e~irea:
! ~ , r IJQTARY PU3IiC STATE OF f1pRtDA AT URGE
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~ C~.~ y r ti".'--.. Mr f:,v~r,!;c~oN ~IPiRES NOV. 11, 19TJ
r,i~~,t~~~',.~, ..e ~4j~ Q~ dUNDED ir.RU GENERAL INSURANGE UNDERWRITER~S
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