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A. That (a) to the event of any breach of thts mortgage or default on the part of the I?tortgagor. or Ib1 In
the event any of said sums of money hs»ia referred to be not promptly and fully paid wRhin ten days next
after the same severally become due and payable. without demand or nonce, or ic) in the event each and every
tM stipulations. agreements, conditions and covenants of said promissory note and this mortgage, any or either.
a» not duly. promptly and fully performed, discharged. executed, effected, completed, complied with and abided
by. then. iA either os any such event. the said aggregate sum mentioned ~a said promissory note then remaining
unpaid, with interest accrued, and all moneys secured hereby, shall become due and payable forthwith, or there-
after, at the option of said Mortgagee. u fully and completely as it all of the said sums of money we» originally '
sgpulatad to be paid on such day, anything in said promissory note, and %or In this mortgage to the contrary not-
witAstanding• and the»upon or the»after at the option of said Mortgagee, without notice or demand. cult at
law or in equity. the»tofo», or thereafter begun, may be prosecuted as it all moneys secured he»Dy had matured
prior to ib instltutba.
Z. That in the event that at the bsginaing of or at any time pending any suit upon fhb mor•gage, or to
foreclose it, oe to reform lt. and/or to eaforos payment of any claims hereunder, said Mortgagee shall apply
to We court having ~urisdictioa thereof for the appointment of a Receiver. such court shall forthwith appoint
a Receiver of said mortgaged property all and singular. including all and singular the rents, income. profits.
blues and »venues from whatever source derived, each and every of which, it being exp»ssly unde»tood. b
hereby mortgaged as it specifically set forth and described- in the granting and habendum clauses hereof. and
such Receiver shall have all the broad and et[ective functions and po~vera in anywise antrwted by a court ,
to a Receiver, and such appointment shall be made by such court as an admitted equity and a matter of ab-
solute right to said Mortgagee. and without »ference to the adequacy or tnadequscy of the value of the prop
erty mortgaged or to the solvency or insolvency of wid Mortgagor and/or of the defendants, and .that such
rants, profits. income. issues and revenues shall bs applied by such Recelvar according to the Uen and/or equity
Y said Mortgagee and the practice of such court.
THIS IS A BALLOON MORTGAGE AND THE FINAL-PAYMENT OR THE BALANCE
DUE UPON THE MATURITY IS-$40,425.00, TOGETHER WITH ACCRUED INTEREST,
IF ANY, AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS
OF THIS' MORTGAGE.
IId Vi11TN)TSS ~VHERSOF, the said Mortgagor hu executed this mortgage under seal on the day and year
he»in first above written -
Signed. sealed and delivered to the presence ot: FICO, IN
~...L ~ ~ f BY : - L . S .
s re nt
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Corporate Seal
STAT11: OF_.._.._......._ ~ -
- a
COUNTY OF......_._...._.._
~ Before me persoaally appeared.-._......_
to me well known and known to me to be the individual.... described in sad who executed the foregoing lnstsu•
meet, and acknowledged before me that ._-he.... executed the same for the purposes therein expressed.
Wl'1'NESS my head and official seal this.........._..._....._._._day o!»._._.. 1P..._._
Notary Public In sad for
the County sad State Aforesaid.
Florida My commission expire,:
STATE OF......---.._.........___
Martin
COUNTY oF...._...___.._.._....._ » n
Befo» me personally appeared.......__.........Q.....,[-1••.._.~_.Z~_.T.r.12t..S~._......__....._...._.._.
aad...»..»----------------___......_....__.._.......... to ma wall kIIOwn sad
known to ms to be ths.._._..__._......~.__......_..Presidant aa~... 8seraiasi
FICO1.._.INC.~...._..._...__ the corporation
respectively of
named to the foregoing itutrumeat. and known tb me to be the pars-Tomens wbo ns such oiltcen of said corporation,
r.._.
executed the same; sad then and there the said.._..._....~~~.Q -t-~
~r_---.---..-----....------..-._.......-.;sad the said
acknowledge basore ms that said
iwtrument L the free act and deed of said corporation by them rgpsctively executed ss such officers for the
purposes therein expressed- that the seal the»uato attached b the corporate Baal by them in like capacity af•
fixed; aII under authority In them duly vested by the Board o! Directors of said corporation.
OV1TPi1c88 my hand sad official Baal thls__..._.~ ~ ..day at Apr.].1...-...._.-.--------~ 19...$0 -
- .f ~
- .:C~ - att. A:oewatd..
THIS INSTRUMENT WAS PREPARED = ~ ~YC .W
BY FREDERICK G. SUNDHEIM,IR., v,+~ ~
Irt.G,~:E s
v
ATTORNEY. P. 0. DRAWER 86, a~ ~ ,
OUGHTERSON BLDG.
STUART. FLORIDA 33A94 60GKtJt.V PAGE~~ ! V ~