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~ 6. That (al In th~ event at any brsach ot this mortgase a~ dctault on the part ot the 1?tortgrgor, or ~b~ ln #
tha event any ol sa~d aums of mooey herein referred to bc not pn~mptiy and fuliy pald wichin ten days ~ext ~
~fter the same aeve~ally become due and payable. without demand or not~ce, or ~c) in the event each ar.d every
the at~pulattons. ag~eements, condit~one and rovepanta o[ a.ud prom~aaoiy nute and th~9 n~ort~age. any o~ e~thpr,
ue not duly, pwmptly and tuily pertormed. discher~M. executed, ettecteJ. completed, comp[ied with and aD~ded
by, tl~en, ~n e~ther o~ any such event. the sai~ aggregate aum m.~nt~eneci ~n sa~d prom~ssory note then rcmain~ag
unpa~d, with i~trrest accrued, and all money~ aecured h~reby. shaii becume due and pa)•able forthwfth, or there- ~
stter, at the optioa of aaid 111ortgagee, ss Nlly and completely as if all ot the sau! sun~a ot mon~y a~ere o~sg~naUy
at~pulated to be pai~ on auch duy, anything ie aa~d prom~saory note, an~i•or in thia mort~age to the contrasy not-
vv?thstanding; apd thereu~on or tnereatter at the optio~ ot said ~tortgagee. ~c•ithout notice oc demsnd. auit at ~
law or m pquity. theretofore, ar thereatter begun. may Oe prosecuted as ~t all money~ aecured hereby bad matured
prior to ~ts matitutioa ~
T. ?hat in the aveat :hat at the Deginntng ot or at any Wne pending any- sWt upon this mortgage. or to
foreclose it. or to retorm it, and/or to eniorce payment ot any cla~ms hereunder, saud 1?Lortgagee ahall apply
to the court hsvina ~urtadictioi~ :Aereof tor the app~,intment ot a Rece~ver, auch court ahall fortt~with appo~nt
a Recelver ot ~aid mortgaged property all and aingular. including all and amgular the rents, income. prof~ts.
is+ue~ and revenuea Lrom wh~tever source derived~ earh and evei•y ot which, it bemg expressly under~tood. 1s
hereb~ martgaged a~ 3t apecifically, set forth and descr~t.ed in the Rranting and huQendum clau~ea hereo[, end
such Recerver shall ~hsve' W the btoad and et[ective tuncti~ns an~i Fu?~ti•~ro in anva•ise entrusted hy a court
to t Receiver. and auch wppointment ahall be mado by ~uch court a~ sn admittcd equi?y and s matte~ ot wb-
solute riqht to aaid l~ortgagee, and without rete~cnce to the adeyuacy or tnadequacy of•the value ot the prop-
erty mortgaged or to the solvency or_ insoivea~y ot ssid MqrtgM;o~ and/or ot the defendants, and that auch
nnts, profit~, income, is.sues and re~ enuea ahaU be a>>plied by such Recelvee accordfng to the lisn andlor equity .
ot said'doctgagee and the practlce ot s~uch cour~ - ,
~y~y~[ ~ n
above""~escci~~~any'a3 ~ iona oans or u ure a va ce . ~
mon~aRce to said mortRagors or any successor i~ tiUe ot said murtgagors of the property heceby rnnveyed:
prov~dcvl th~t the total unpa~d balance ot the indebtedness secured hereby at any one time ~hall not exceeci
the maxemum principal amount of II~a . _ . Dallars
menC-o`1'~azes,' ev~es ~ su an , s.
fN,LrS3 ~VfiEREOF. the aaid Mortaagor hai axecuted thts mortgage under seal on the dsy and lear -
re~n f»t a ve ~vrittea
S , aled and deUver ~actl~f'._
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GORHAM LAND DEVELOPMENT, INC. ~
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cocnvr~r o~- ------....._.w . .
Hefo me person~lly ~p
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j to me •ell kno«-n and kno~vn me to t?e the individusl..._ escribed !n and who executed the otegoing lnetru-
€ ment, d acknowledged befo e me thst ._.he__.. executed aame for the purpoees thezein ex e~.sed.
~ WITNE53 mq hand and ofticlal aeal Lhi~ ........................~..day oL.._..__.._...._..._._.._~
f . ~
E Notary PuDUc y and for
the County d Stata Aforc~atd.
~ My commi ion expires:
srw~ oF----F.lo~ida ~
St. I,ucie
courrrY oF ~
Betors me peraonallY aPpcared•----•••-•-••~- ~.1.11- -__.....~....._.......w......__.._...._..._._-•----_....~ ~
._Mc~.I~au '
--~----------Vincen~ ~~....~l~~l~l1+~._sTS~.~-............._......_...._..._........ to me well known and ~
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kn~wn to ms to be the ..............._......~.._....».._.Praddent aa~........................._....__._...._....__...._.......»..._......_.. 9ecntar~ _
re~pectively or ..:...................~4...R+~A.M---I,~9.~i~?..DF~~k~~2P •~.T...~«y-.__..._...._......_.._.......~ ttss oorporation ~
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named tn the foregolna inattvment; and known to me to be the person~ wbo aa ruch ottlcen ot safd corporatlon.
~ executed the same; and then and thets ths ~atd..--••---_....Pr@37:a-~.,~1~.._._.._ ................_........__........-----aaA the safd
~ Secret ~
~ ..dfa nck,sowledge eeror. me ctuc .afa ,
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1n~trument is tl~e free ut snd ~eed of aafd corporat[oa by them reapecUvely executed as auch oMcers for ths
~ pur~s.?_~es therein expressed: that the seal thereunto attached b the corporste aeal by them in liks capaclty at- _
~ i1:ed: all under anthorfty in them duly vated by the Bosrd of Dfrectors oi sald corporatlon.
wrrxFSS ~y n.na or~ .e.i w,......22nd _..a.y or...?~~eID~~~.__.._..._....._._..~... is....?5. ,
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~ ' ~ ' ~ d ~ ~ ' ~ Notary ~'ubUc tn snd for . ~
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~ ~1,- • ' + ths Councy u~d sute Atoresald.
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. ~ `•!r Hy ooma~faNoa espisea:
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