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6. That (a) in the event of any breach of this mortgage or default on the part o[ the Mortgagor, or (b) in the event sny .
of said sums of money herein referred to be not promptly and fully paid within fifteen days next after the same severally
become due and payable, without demand or notice. or (ej in the went each and every the stipulations, agreements, condi-
tions and covenants o[ said promissory note and this mortgage. any or either, are not duty, promptly and fully performed,
discharged, executed, effected, completed, complied with and abided by, then, in either or any such event. the :aid sggregate
sum mentioned in uid promissory note then remaining unpaid, with interest accrued. and all moneys acured hereby, shall
become due and payable tonhwith, or thereafter, at the option of said Mortgagee, as fuU and completely a: iI all of the said
sums of money were originally atipulated to be paid on such-day. anything in said promissory note, and/or in this mortgage to
the contrary notwithstanding: and thereupon or thereafter at the option of said Mortgagee. without notice or demand, suit at
law or in equity. theretofore, or thereafter begun, may be prosecuted as if all moneys secured hereby had matured prior to its
institution.
7. That in the event that at the beginning of or at any time pending any suit upon this mortgage, or to foreclose it, or to
reform it, and/or to enforce payment of any claims hereunder, said Aiortgagee shall apply to the court having jurisdiction
thereof for the appointment of a Receiver, such court shall forthwith appoint a Receiver of uid mortgaged property all and
singular, including all and singulu the rents. income, profits, issues and revenues from whatever source derived, each and
every of which, it being expressly understood, is hereby mortgaged as if specifically set forth and described in the granting
and habendum clauses hereof, and such Receiver shall have all the bond and effective functions and powertLin itnywise
entrusted by a Court to a Receiver, and such appointment shall be made by such court as an admitted equity and a matter of
absolute right to uid Mortgagee, and without reference to the adequacy or inadequacy of the value of the property mortgaged
or to the solvency or insolvency -of said Mortgagor and/or of the defendants, and that such rents, profits, income, issues and
revenues shall be applied by such Receiver according to the lien and/or equity of said I?fortgagee and the practice of such
court.
an}• addition ure advances made within ten years from date hereof by the mo t mortgagors or any "
successor in title of said mortgago erty hereby conveyed; provi a total unpaid balance of the indebted- E
Hess secured hereb}• at any one time shall not excee principal amount of
Dollars (f.................._.................... plus interest thereon and any •
disbursemen a mortgagee for the payment of taxes, levies or insurance on the property
cntnmbered hereby, with 4-
t:
IN WITNESS 1VHEREOF, the uid 1?lortgagor has executed this mortgage under seal on the day and year herein first above
written.
Signed, scaled and delivered in the presence of: INDIAN PROPERTIES, INC.
~.r .-,att,+,,,.
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STATE OF-• ~,~ti
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COUNTY OF ss' _ ,
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Befor a personally appcared
to me well know and known to me to be individual... described in and w executed the foreg ~ g instrument, and
acknowledged before that ...he... executed the s for the purposes therein expr ed.
~ WITNESS my hand and official seal this day of 19......
F
Notary Public in and for
~ ~ the County and State Aforesaid.
t?ly commission expires:
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STATE OF
r 1~•- .0. .
COUNTY OF ..._..lF
Before me personally appeared ` ' S
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and to me well known and
known to me to be the President and Secretary i
respectively of ........:~........iar`."....1..~~~'Q~1~ ~'S~.....'r!N.`~ the corporation `
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named in the foregoing instrument, and known to me to be the persons who u such officers of said corporation, executed the
the same; and then and there the said C' s~ ...........and the said
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did acknowledge before me that said
instrument is the free act and deed of said corporation by them respectively executed as such officers for the purposes therein
expreued: that the seal thereunto attached is the corporate seal by them in like capacity affixed; all under authority in them
duly vested by the Board of Directors of said corporation. rr f ~~~,r"~~~~"'~~,,,~
WITNESS m}• hand and official seal this ~f.1.~....... day of ....~F:~. t~1 ..:.~~:.~~;~;~..1'' 18+7
t ~;~c0 :+fi~J RECOROEO- G=-..-'~:'.~.h j~
t • Not Public in and for w' ~ ~
This Instrument Prepared By: ~ ~)ppe~ A the County and State Aforesud. r'~ 'r ~ ~ ~ ~ ,
Va~Olfr~} l '
tlfy commission expires: .
'79 aPR q z. ~ -
PM 2:22 a
First National Bank and Trust Company of Stuart WO{/?Rr VttEU~ Si't' 'e ~a 19a`
' N. O. Drawer 2316 My CC~'Mltsl'~" EViRFS M R
i --r ROtdOrD TMR11(,fNfRnt tvS :I'~~R~~E~R A"~
Stuart. Fla. X3-194 ~ ~ N;,` ~
f CLERK, ~fRCJ'T ; BURT
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