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6. That (a) in the event of any breach oi this mortgage or default on ~he part oi the M~rtgagor. or (b) in the event any
uf said sum: of money herein referrcd to be not p~omptly and tully paid within Gfteen days next after the aame uverally
become due and payable~ without demand or notict. or (c) in the evcnt euh and every the stipulations~ agreement~, condi-
tion: and covenants of uid promiuory note and this mortgage. aay or eithe~. are not duly, ptomptly and fully perfortned.
discharged. executed. cfiected. completcd~ complicd with and abided by, thcn. in tither or any :uch tvent. the said aggregate
sura mentioned in said promissory note then remainiag unpaid, with interest ucrued. and all money~ secured hereby. shall
become due and payable forthwith, or thereafter~ at the option of uid Mortgagee. ~ full and completely as if aU of the uid
sumi of money wrre orisiaally stipulatcd to be paid on such day, anything in uid promiswry note. andJor in this mortgage to
the contrary notwithstanding; and thereupon or thereafte~ at the option of said Mortgagee. without notice or demand. wit at
law or in equity, theertofore. or thereafter begun~ may be prosecuted as i[ all moneys acured hereby had matured prior to its
institutioa
7. That in the event that at the begianing of or at any time pending any suit upon this mortgage. or to foreclose it. or to
re[orm it. and/or to enforce payment of any claims hereunder. said Mongagee shall apply to the court having jurisdiction
thereof for the appointment of a Reeeive~, such court shall forthwith appoint a Receiver of uid mortgaged property aU and
singulu, including al! and singular the rents, income, pmfits. is:ues aad revertues from whatever source derived, each and
every of which. it being expressly understood, is hereby mortgaged as if speciCcally set forth and described in the granting
and habendum c!auses hecrot, aad such Receiver shall have all the boud and effective functions and powen in mywise
rntrusted by a court to a Receiver, and such appointmeat shail be made by such court as an admitted equity and a matter of
absolutt right to said Mortgagee, and without rr(erertce to the adequacy or inadequacy of the value of the property mortgaged
or to the solvency or insolve~cy oP said Mongagor and/or of the de[endants, and that such rents. profits, income. issues md
rcvenues shall be applied by such Receiver according to the lien and/or equity of said Mortgagee and the practice of auch
rnurt. _
any additwn uturc advances made within ten yean from date hereof by the mortgagee to said mortgagors or any
successor in title of said mort ropeRy henby conveycd; provided that the total unpaid balance of the indebted-
ness secured hereby at any one time shall not e aximum princ~al amount of
Dollars pius interest thercon and any
disbursements made by the mortgagre for the payraent of taxes. levies or insurance on the pro saeuLnbered hereby. with
Jn~~rnd nn cnrti r~ictiursrm~nfe .
1N WITNESS WHEREOF, the said Mortgagor has executed this mongage under seal on thc day and ycar herein ~nt above
written.
Signed aled and deliefj`d in the pretence of: ~
. .~~~1..2:K~kK~ (L.S.)
. ~ ~ . S~
.....f . .
- (L.S.)
C. J N
, ~ ; _
I; STATE OF.........F~.AIDA
~
` COU1V'I'Y OF bA~.TII~ ss'
~ BeEore me pcnonallY appeared STA~iI.SY W. JOHNSOI~I..at?d.JOAN._C. JdHNSOI~is..his M1fe
t
~
~ to me well known and known to me to be the individual. s described in and who executed the foregoing instrument, and
acknowledged before me that t..he~. executcd the same for the purposes therein expressed.
19......
~ ' WRN~6 iony haad and official scal this ....Q day of MirCh. , 79
~ ',3..•,..:`~`%/,.~.'. . ~•.~:~~v%'~~E~ . . .
~ - .{r~ - - • L~~~- .
~ ~ ~ ' • ~~Vo ary Public and for
~ ; ~ ~ ~ ;J , the County and State Aforesaid.
~ l ~ b1y commission expires: ~j - / O ' 8 /
~ s~i~T~~d:~,_:?,.::: ...'.~g. : I 6 ? . : `I I -
co~it~
`,t~' :s. ~ ~
Beforc me penonally appcared
~ and . to me well known and
~
~ known to me to be the President and Secretary
~ respectively of the corporation
~=-i
named in the foregoing instrument, and known to mt to be the persons who as such officers of said corporation. executed the
the samc; and thcn and there the said ..................and the said
~ did acknowledge bcforc me that said ~
~ instrument is the free act and deed of said corporation by them respectiveiy executed as such of~cen for the purposes therein ;
~ cxpressed; that tht seal thereunto attachcd is thc corporate xal by them in like capacity affixed; all under authority in them ~
~ duly vested by the Board of Directors of said corpora!ion. ,
WTTNESS my hand and of~cial seal this day of 19...... ~
~ ~
_
Notary Public in and for
'I~is Instrument Prepued By: the County and State Aforesaid.
A~AC)?8 Gl1t1A I~1y commission expires:
Abstract & Title Corp. of Fla. ^ G R
First National Bank and Trust Company o( Stuart ~U5 314
P. O. Drawcr 2'316 3CO!( AG_
~ Stuart, Fla. 33494