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6. That (a) in the event of any breach of this mortgage or default on the part of the Mortgagor, or (b) in the event any
of said sums o[ 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 (c) in the event each and every the stipulations, agreements, condi-
tions and covenants of said promissory note and this mortgage, any or either, arc not duly, promptly and fully performed,
discharged, executcd, effected, completed, complied with and abided by, then, in either or any such event, the uid aggregate
sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall
become due and payable forthwith. or thereafter, at the option of said Mortgagee, a full and completely a: if all of the said
wms of money were originally stipulated 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, ruit at
law or in equity, theretofore, or thereafty 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 ilfortgagee shall apply to the court having jurisdiction
thereof for the appointment of a Receiver, such court shall forthwith appoint a Receiver of said 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 board and effective functions and powers in anywise ;
entrusted by a court to a Receiver, and such appointment shall be made by wch court u 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, isrues and
revenues shall be applied by such Receiver according to the lien and/or equity of said Mortgagee and the practice of such
court.
is understood and agreed that this mortgage is given to secure, in addition to the note or obligation abov ribP.d
any additro aF-1 or future advances made within ten years from date hereof by the mortgagee t ortgagors or any
successor in title of said mor ro rty hereby conveyed; provided that th npaid balance of the indebted-
ness secured hereby at any one time shalbot exc ~ um ount of
::-'D`ollars , terest thereon and any
disbursements made_by-ibwnorigagee for the payment of taxes, levies or insurance on the property encum r
int e~arrsac
1!"disbursements.
i
IN WITNESS 1YHEREOF, the said Mortgagor has executed this mortgage u er seal o e yt erein f ove
written. ' ~ /
Signed, algid and delivered i presence o(:
• • • • • onald e n aler
laine L. Defentha
STATE OF .................FlOrida -
COUNTY OF ............~s~~:ri.~xl ss.
Before me personally appeared .......Donald J . Defenthaler and Elaine L•.• Defenthaler,~-
his wife
n
to me well known and known to me to be the individual... described in and who executcd the foregoing instrument, and
acknowle~gedbElyrye rile that ...he... executed the same for the purposes therein expressed.
- .
j , ` : WIES~3nylt~d and official seal this ...........1~._ day of . 19...T9
~ ~ - ~ - - - & ~ 0 Notary Public in d for
r ' 1979 MAY 1 T AM
• ' the County and State Aforesaid.
i Q
~ ~j^~ ~'~j~'~ F LEO ANO RECD U hey commission expires: [ d"f
- _ $ ROGER
PO
TR~~A•
STATE OF CIRCUIT C ~ ~ ~ ~i i7ll t gMIHONf1 ' F111V~ ~1
¢ - ss !x~~ x~= IfN 01' ~If1< 9r<I~i lglAtWWO~ +W
COUNTY OF _ItafF. D_
I REtORQ•Y~ l~rivl l~ M0110rd ~ 1111/iS ~IW11 J?ril~" .
Before me personally appeared ....................................~~`3Vi7~.................................................................................
' to me well known and
and
i
t
s known to me to he the President and Secretary
respectively of . .the corporation
e
named in the foregoing instrument, and known to me to be the persons who as such officers of said corporation, executcd the
the same: and then and there the said ......................................................................................................................and the said
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
expressed: that the seal thereunto attached is the corporate seal by them in like capaci(y affixed: all under authority in them
duly vested by the Board of Directors of said corporation.
WITNESS my hand and official seal this day of 19......
s
t
Notary Public.in•and for
This Instrument Prepued By: - the County and State Aforesaid.
My commission expires:
First National Bank and Trust Company of Stuart
P. O. Drawer 2316 J k PAGE2754
Stuart. Fla. 33494 sor,~ 308
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