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fi. That (a) In the event of any breach n< this rnortgagc or default on the tat the Att
30, r. er to the e~tint an
of said wms of money herein referred to 11e not promptly and fully J1aid within ~p[/Ifrlays ncxt~
feet the same severally ba
cotrle due and payable, without demand or notice, or (c) in the event each and every the stipttlatiolts, agreements. rnnditions
and rnvenants o[ said promiswry note and this mortgage, any or tither. arN not duly, promptly atxl fully performed. dir
charged. executed. effected. completed, complied with and abided hy, then, in either nr any such event. •the aid aggregate
sum mentioned in said promissory. note then remaining unpaid, with interest arcrucd, and all moneys secured hereby, shall
become due and payable forthwith. or thereafter, at the option of wicl I?IortgaRce, as (tell attcl completely as it all et the
said sums of money Mere originally stipulated to be paid on such-day. anything in said promissory note. and/or in this trtort•
gage to the rnntrary notwithstanding; attd thereupon or thereafter at the option of wid ~Inrtgagee. without ttoticc or de-
mand, suit at law or in equity, thercto[orc, or therca[ter begun, may he prcFSCCUte<I as it all moneys secured hereby had
matured prior to iu institution.
T. That in the event that at the beginning of or at any time pending any wit ufxln this mortgage. or to fnreclMe it, or
to retornt it. and/or to enforce paymrnt of any daitrts hereunder. said hlortRagcc shall apply to the rnurt having juriuliction
thereof for the appr=itumcnt ~t a Rccciccr, such court shall forthwith appoint a Receiver of said ntortRagctl property all and
singular. including all and singular the rents. income, profits, issues and revenues [mm wUateeer source derived, each and
every of which, it being exprrsly wtderstood. is hereby mortgaged as i[ specifically set forth and descriled iu the granting
and habendum clauses hereof, and wch Receiver shall have all the broad and effective functimis and powers in anywise
entrusted by a court to a Receiver, and such appointment shall be made by wch mart as an admittnl equity and a matter of
ahwlute right to said \lortgagce, and without reference to the adequacy or inadequacy of the vahle of the prollcrty mort•
gaged or to the sohenc-y or insnh•cncy of wid Jortgagor and/or of the defendants.:oul that such rent-. profits. income, i•-
sues and revenues shall be applied by such Receiver according to the lien and/or equity of wid mortgagee and the practice
of such rnurt. _ a
tdcrstood :utd agrecYl that this mortgage is given to secure, in addition to the note or.ohligatiot
scribed any addition cure advances made within twenty years [rom date herrnt by th ttgt. to said mortga•
gors or any successor in title o[ said rncl a roperty hereby conveyed; at the total unpaid balance of
the indebtedness secured hereby at any one tirrie shall n m rincipal amount of
- - - _ - - • - - Dollars (s - - rest thereon and any
disbursements a mortgagee for the paymeat of taxes, levies or insurance on the property encum ceb,X;
rat on such dutwrsements.
IN WITNESS WHEREOF, the said Mortgagor has executed this mortgage under seal on the day and year herein [first
above written. THIS IS A BALLOON MORTGAGE AND.THE FINAL PAYNIEN=P OR THE BALANCE
Signed, sealed and delivered in the p~dJ~tl?N MATURITY Iy~ $ 20,604,29 ,TOGETHER WITH ACCRUED
_ INTEREST, IF ANY, AND-ALL ADVANCEMENTS MADE BY THE MORTGAGEE
c --~,c~~-0 - -UNDER -THE TERMSS OF THIS MORTGAGE.
Richard L. Lloyd
.
STATE OF ._.__FLORIDA ~ Carole R. Lloyd
COUNTY OF _MARTIN. - j ~
Be[ore me personally appeared RICHARD -L. LLOYD and CAROLS R.- LLOYD, _-his wife,
to me ,s~lLjinown to me to be the individual described in and who executed the foregoing instrument, and
ack ~~ij ,~ltat he_ executed the same for the par s therein expresui.
~ ~
~ p.~
~ 'it~rid and official seal this q7 ~ day ot.-- _ - - - . 19aC1
• ' _
Y ~ O ~ .
~ ~ ~ ~ ; ~ 1980 SAY 27 1w 00 - -~~c~~- C:~~c -
~ i t~.~ i Alary ubhc to and [or
~%1~" ~ the Cowuy and State Aforesaid.
~ . A.
~i'~ '•'•r ~ ~ fllfD /?11C F~%4Alif0 -
~ ~f'`'~• ST. UCIE CG~NTY.fLA. aly commission expires:
R R TRAS
QGC PO
~ STATE ~ • ~ . ------------------frl.flNS~ C9.iRi Nottry Pu51it. Slate of Florida at luye
COUNTY OF - ' , ss-- My Commission E~epires Nor. 2. 1482
kadW b As~riua Fn 8 Gs•ahy ~Y
_ s_ 48'7635
13c[ore me personally ap ed -
and - to e11 known and
known to me to be the 'dent and . _ Secretary
• respeciively of - - . .the corporation
s named in she [oregoing instrument, and known to me to be the o as such of[icers of yid corporation, executed
-
the same; and then and there the said . . _ and the said
i
acknowledge be[orc me that said '
instrument is the free act and deed 1 corporation by them respectively executed as such o rs for the purpo+es there-
in expressed: that the seal t nto attached is the corporate seal by them in like capacity affixes . under authority in
them duly vested by t and of Directors of said corporation.
ESS my fund and official seal this day of - .
3
Notary Public in and for
the County and State Aforesaid.
;?fy commission expires:
X331 P~2742