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a. That lal le t1?~ ~vent ot any breach ot this mortg~e or det~ult on the part of th~ btortse~or, or Ibl ta
th~ event any ot uid wma ot money h~re~e ref~rred to be not promptly and tully pu4 w~thin te+~ d~y~ nett ;
atts[ the satne sereral{y become due and psyable, v~nthout demand or not~c~~, or ~c1 ~n tf,e e~•ent tach anA ev~ry :
t1?~ •t~pulations. agteements, cond~Uons ~nd rovenants ot a~id prom.as~~e y nute and th~s mnrt~a~e, any or etther, . E
u~ not duiy, promptty and tully perto~med, d~scharged, executed, eftecteJ, com{~leted, compUed with and ~b~ded '
by. then. ?n e~ther or any suah event. the ia~d aggregate aum m.~~ttioned ?n sa,d prom~saary nott tt~en remain~n~ 4
unpa~d, with ~nterest acc~ued, and all money~ aecured h.reby, shall btcume due and pa~•sble forthwnth, or tf~ert- ~
~tter. at the opt~on ot a~1d I?iortgagee, aa tully a»~f completcly aa ~t a11 0[ Lhe aa~d sun~s of money wer~ ori~~nally ~
•t~pulsted lo be pa~d on such day, anythin` in ~a?d pron~~asory note, an~l or ~n this mortg~~e to th~ contrary not-
w~thatandln~; and thereupon or the~eafter at the opt~un of sa~d btortgagee. ~~~~thout not~ce or demana. ~ult at !
l~w or in equlty. th~retofor~ or thereafter be~un, may be pcosecuted as ~t alt moneys aec~red her~by h~d matur~
prlor to its insUtution.
T. Thst :n !he eitnt :~.st at ika aa~n.z:n~ at ar ai ariy tisr~a pe~~Ju~g uny auit upon th1~ mor:sa~e, os to
lonciose i~ or to reform 1t, undior to snforc~ payment ot any cla,m~ hereunder, u~id 1?tort~e~ ihaU apply
to the eourt havin~ ~urisdictlon thereof for tAe appomtment o[ a Recei r, such court ehW totthwitl~ appoint
a Recelver ot said mortgaged property a!! and e~ngular. lncluding all and s~ngulu the eent~, Income, protita.
l~suea and revenues trom whativer source derived, ea~ h and e~•ecy of ~h~ch. ~t being expresify undentood. 1~
hereby mongagcd as it spec?fically set torth and descr~Eed in the Rr:~nt?ng und hebendum clduse~ hereot. and
such Raceiver shall hsve ali the broad end ettsctive funrt~~ne and i+~~~c~re :n anyv?~sse entrusted by a court
to • Receivar~ and auch apF?ointment shall bc made by such cuurt ~ en sdmitted equity and • mattes ot aD-
solute ri6ht to sald Ir[ort~agee. and ~?~ithout reference to the adeyuacy or inadequacy ot tAe valu~ o! the prop-
trty mort~a~ed or to the solvency or insolvency ot u?d l~tortRagor and~o~ ot the defend~nts, wd tlf~t auch
renL. pwtfti. lncome, issues and re~•enuea snall be a~>plied by such Recei~~er accordin~ to the lf~n and/or equltr
ot iaid y[ost6a~ee and the p~act?ce ot such court.
8. It is understood and agreed that th~s mortgage ~s R~ven to secure. ~n add~Uon to the note or obl~gation
above described any add~tional loans or future advances made within twenty years irom date hereut by the
mortgagee to ~a~d mortgagors or any successor in title ot said mortgagors of the property hereby conveyed;
prov~ded that the total unpaid balance of the indebtedness secured hereb at any one t~me 1 exceed
the.~na,~c~r}~ rr~p~ inc~pal amount oi ~IRLE THOUSAND TW~D HUDTD~tSD AND '1'WEN -'~~tlars
(s s~ LL`.UV plus interest thereon and any d~sLursements made by the mortgagee for the ~?ay-
mrnt of taxes, levics or insurance on the property encumbered hereby, w•ith interest on such d?sbursements.
II~T W1TN~S3 WHEREOF, the aaid Mortga~or Aaa exec~tM thls mortsaee under ieal on ths Jay and year
herein lirst above wtlttea.
1=ned, ~e d deilvered 1 the presence of:
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STAT6 OF. ~~AA.....
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courtTY oF_..ST._. LiICIE.. . - ~ ~
Arthur Watson and Thelma M. Watson, hiswife :
Hefor~ ma p~rsonallY aPPeared s
of 1201..,Martin__.Luther__. King Orlando ~ Florida ~ ~
.
to me well known and knov~~n to me to At the_ipd~n~dua~ descnbed in artd who exeruted the foregoin~ tststrv-
rrtent, and uknowledged before me that f.he jl executed the aame for the purpose~ thenin e~cpresaed.
Ma »76
WTTNES3 my 1~an8 and otl~clal ~eal tlut ....8th -----.-..._.day o!_.._......, y ,
i nita Lars
~ M...... --•~...r? ~n.
` xoU.*Y Puhuc in and tor ` ~
~ the County and State Ato!!sald. ,
~ My commt~ston expirei: N~w.y. Pubkc, S~a d;Nerda 4+ larpe
~ STAT$ GF.. r7ARIDA ~y, c.ommn~ [~as wpra 6,:iv60 j
` ST I~t]CIE aond~d by M~e~,.~'.. ~ c.vs~+•+h :
COUPI'PY OF........ _ . ~ • . ~-,•~-4~,,~`~~.,
Befon me peraonallY aPPesreA ` ...:,:»...._...Y..
~ isld--••--•.••--•-- ~O ID~ R~V ~QIOW~ i
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known tn ms W De tAe ..............._.._..._....._..........PrsNdent aa~.__.._....___.....__._..._._..................._.__......._......._......--- S~c»tar~
~ respectfvely ot N~ corporaUon
~ nam~d tn the fore.toin~ initswnu~~ and knawn to me to be tha penon~ w1w a~ such oftlc~rs o! aalA corporaUon,
~ executeA the same: and then ~nd th~n th~ ~dd .................._.............._..._.....__..........._...........................-----....._.aad tJ~ sald
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yd ~cknwwl~e Wtor~ me thst safd
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~ lnstrvment b the free act sn8 8eed of s~Sd corpor~iion by Lhem rw tfvel eaecuted u such oftfc~n !or tA~
~ purposea th~rein expres~M: that the ~ea! theretwto attached b th~ corporat~ Mal by N~an tn Wc~ cap~clty at-
fuced: all under aut2~orfty In th~m duly veated by the Board ot Dlrecton of aald corperatiao.
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~ WTTI~SS my hand aad otlfclal wl W~..-•---...._._.~._•--..d~7 a~..........~.._•-••--_•-•-•-_-••._...-----•------•y lo.__._
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~ EO ~~9• F~• Notary PuDUc In u?d !or
~ i~~1AC~E ~?p
tRAS t3 tR~ Co~:nt7 and Stat~ Aton~atd.
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C~;CW1 COURt t ~je ~[r eomait~on azPUw:
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