HomeMy WebLinkAbout2151 5. To permit, cr,mntit r,r stt/y'Pr nu ccvtste, irrtpairmc•t~t ur dPtPllr,IQti~Nl •,f said
property or any part thereof. ,
6. To perform, comply with artd abide by ear•lt and every the stipulations,
agreements, conditions arul covenants in said prc,missory note and ~n this deed set
forth
y. Ij any of said sums of money herein referred to ~,e not promptly and jolly
paid within thirty (30) days next after the same secferally become duc attd
payable, or if each and every the stipulations, agreements, conditions and covenants
of said promissortd note and this deed or either, are not duly perf~,rnec•d, complied
with and abided by, the said aggregate surn m.entivned in lair/ prr,r?,issury note shall
become due and payable forthwith or thereafter at the optiu,t. r?j t hP .Mortgagee, '
as fully and completely as if the said aggregate sum of
Dollars was originally stipulated to ?5e paid on such day,
anything in said promissory note or herein to the contrary notwithstanding.
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8. The .Mortgagee ma.y, at any time while a suit is pending to fireclose or to reform
this mortgage or to enforce any claims arising lieretcnder, apply tr, the court having
jurisdiction thereof for the appointment of u receiver, and srcch. cacrt Shull forthwit/i
appoint a receiver of the premises and all uthet• property covered hereby, inchcdirtg all
and singular the income, profits, rents, isstcrs and revenues from whatever source de-
rived, and such receiver shall have all the broad rand effectave functions and powers in
anywise entrusted by a court to a receiverund srcch a>>/iointmenl shall lie made by surh
court as a» admitted equity and a matter of absolute right tc, said ..'Kartgagee, and
without reference to the adequacy or inadegtcacy of the value of t/te property n,.ort-
gaged or to the solvency/ or insolvency of said •Aortgagor or the defendants, and sac/t
income, profits, rents, isstee~ and revenues shall Le appliert by ~~ech receiver according
to the lien of this mortgage and the practice oJ'sueh court.
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~ri ttrie8s ~hPI'PAf, The said .Mortgagor hereunto sefs his hand and
.cal the day and near first above written.
Signed, Sealed and Delivered in Presence of:
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t R. Z.A.M., INC.
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ecreta f
~?t~tte of ~l,arid~
~Qtutt}~ of MARZZ N
I, an officer authorized to take acknowledgment c of deeds according to the
laws of the State of Florida, duly qualified and acting, HEREBY CERTIFY that
R. Z.A.M., INC., by RAY ZABAWA and ELDRED G. MILLER, its president and
secretary respectively,
to me personally known, this day acknowled ed before me that they -
exeeuted the foregoing mortgage, and I FURTHER CERTIFY that I "know- tie. a4id
persons making 4aid acknowledgment to be the individuals dea'eribe~ ~in~ -arzd
who executed the said mortgage. - - .;r ~ "
~n ~iintes ~titcraf, I hereunto set my hand and o e' r~sa1 ~d~:
Stuart said County and State, thsi
.
day of March . 11. D. 1980 c
X ry P btic
~~.~.~3~27 p~E2150
.My Commission Eacpirea i~/.~ ~
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