HomeMy WebLinkAbout0139 d. That (~1 In ths event ot any breach ot this mottge~e o~ detault on the part ot the rlortga~or, or Ib? tn
the event any ot ea~d suma ot money he~an ret~rred to be not promptly and (ully paid w,thin ~ day~ next
atter the same severaUy become due and payable, ~+nthout demand or not~ce, or ~c) ~n the event e ch snd e~ery
the st~pul3t~ons, agreements, cond~t~ons utd rove~ants of sz~d prom~ss.ny n~~te and th?s mu~t;;age, any or e~thPr,
are not duly, promptly and [ully pertormed, d~~char~ed, executed, effecteJ, c~,mpleted, comphed w~ith and ab~ded
Dy, then, ?n e~the~ or any such event, the sa~J sggregate sum m~~nUone,i ~n s1.d prom~ssory note then rema~ning
unpaid, w~th ~nt~re3t ac~rued, and all moneys ~e~ured h.•reby, shall becume due and payable fortM~•ith, or there-
atter, at the option ot aa~d Mo~tgagee, as tully and completely aa i! all ot the sa.d sums ot money H•ere or~ginafly
~t~pulated to be pa~~ on auch day, anything in ~a~A proni~sso~Y note, aml or in thi~ mortgage to the cont~ary not-
withstanding; and thenupon or theresiter at the opt~~~n ot sa~d I?Iortgagee, ~rithout not~ce ot dcmend, au~t at
lsw or ~n equlty, theretofore, or therealter begvn. may be prosecuted as ~t ull moneys aecured hereby had matured
prior to its institution
7. That in the event that at the beginnins ot or at any tlme pending any suit upon thla mor!gage, or to
tonclose it, or to reform it, u~dlor to enforce payment ot any cla~ma _hereunder, eaid ~iortgagee shaU spply
to the court havina junsdictlon thereof tor the appointment of a R~ce~ver, such court shall forthwith appoint
a Receiver ot aaid mortgaged property all snd ~ingular, including all and singular the nnW, lncome~ prof~ts,
iaeues and revenues trom whatever source denved, ea: h and e~•ery of «~h~ch, it be,ng expressly underatood. Is
hereby mertgagPd a~ i[ ~specifically set torth and de~cr~ted in the Rranting and habendum .:lauaea hereof, and
~uch Rece~ver shall heve all the broad and e[[ectn~e tun~ti~ns and }~:~r:~ra ~n xn~~e~se entrusted bp s court ,
to a Rece~ver, and auchr appointment ~hall be made by such court as an sdmitted equity and s matter ot ab-
~olute right to ~aid ]?fortgagee, sied without re[erence to the aderyuacy or inadequacy o[ the value ot the prop-
erty mortgaged o~ to the solvency or insolve~cy ot ~aid 1?tortRaRor andior ot the detendanta, and that such
nnts, prof~ta, income, ~s~ues and re~•enuea shall be a~!plicd by such Rece~~•er according to the llen aad/or equity
ot said Mortgagee and the practlce of such court.
-'-E-ft-~t? ~derstood and agreed that this mortgage is given to secure, in add~tio o e or obligation
above descnbed a~lt*-aci~ii 1 loans or future advances made within ars trom date hereof by the
mortgagee to ~aid ~nortQagors or r in title o ~ gagors of the property hereby conveyed;
prov~ded thal the total unpa~d balance ot t ecured hereby ~t any one t~me shall not exceed
the maximum princ~pa! a Dullars
(S , plus interest thereon and any disbursements made by t e for the Nay-
xes. Irvies or insurance on the property encumbered hereby, with interest on such dis ur.
IN WITNESS t~'HEREOF, the sald Mortgagor ha~ executed thia mortgage under eeai on the day and year
here~n first above wrrfttea
31~ed, aealed and delivered in the presence ot:
~„Q t(~.~.~"'f INDIAN PROPERTIES , IN~
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; ~.sr.::r:~..~~_ .~..R._---....--• Y• N cy Lo~ Fr siden~. _
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~ ATE OF ) /
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i Betore me person pe~red
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~ to me well known and know~n to me to be th ~ v~dual deacnbed tn and w ho executed the foregoing inatru-
~ ment, and acknowledged before me tha e..._ e ed the same for the purposea therein expressed.
~ WITNES3 m and offlclal seal this of......__.°---_-••--......_._..••-•_-••--•--•-•._...._.., 19---__.
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~ Notery Public in and for
F the County and State Aforesai
w My commisaion expirea:
2 STwT~ UF__..FLORIDA---------------------
sa.
MARTIN
y COUNTY OF_....._...--~•----••••-•--•-••----••••--..._
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Betors me peraonWY ~PPe!nd-------------~-----._._......NANCY...LODS._..._...._...._.._..---••-...._...__._....------•--...--••------•-----.._.._
h W ms well known aad
~ ~nd..•---•
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' known to me W be the..........._.._. ...._..Preeident and....--_•-.........•--_..__..-•------• .
~ ~ respectively ot -----------------------INDI.4~N._.~~Q~FaR~'~~.S.r....I~.,.--°•----.r_.._.._...----------•-••---......-._, the corporauon
" named in the toregoing irutrumw~ and known to me to De ths penon~ who a~ ~ucb otflcen o! said corpontion.
1
President ..................aaa u?e e.ra
executed the aame: and then and there ths ~aib.••-••-••--- .
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.dld acknowledge befors me tlut ~ald
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frutrument ta the free act and deed ot said corporaUon by them respecttvely executed u such oMcen for th~
purpwcs thereln expressed; that the seal thereunto attuhed ii Ne corpo-sts ~eal by them tn Wce cspulty af-
fi~ced; all under avthorltp in them duly ~nted by the Board of Dfrectors ot aafd corpor~tlon.
~ wrrxES9 ,~y h.na .ad otr~cw ws-•---.6~~._-•-•••--a.Y or..........~ax~.us~rli._......__......_...---., i~7~i_
~f .....~-~~'~=-`-~'.~-~--RM~f..,.~....
_ Notuy PuDllc tn and for
'y• the County and 3tate Aforssald.
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. My coma~laaion eaptrei: ~ K , , ~Q' 7 Q
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