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d. Tlut lal la the event of any breach of th4 mortgage or default on the part of the 1ltortgagor, or lbi la
the event any of said anon of money herela referred to ba not promptly and fully paid within ten days next
after the same severally become due .and payable, without demand or nonce. or ~cl is the event each and every
the appulatioas. agraementa, conditions and covenants of sad promssmy note and this mortgage. any or either,
are not duly, promptly and fully performed, discharged. executed, etfecteJ, completed, complied twith and abided
by. then. in ether or any such event. the said aggregate sum mentioned ~n said promissory note then rcmauung
unpaid. with interest accrued, and all moneys sec~~red hereby, shall become due and payable forthwith, or there-
after. at the option of said Mortgagee, u tally and completely as it a!1 of the said sums of money were originally
stipulated to be paid on such day, anything in said promissory note, and/or In thin mortgage to the contrary not-
withstanding; and thereupon or thereafter at the option of said Mortgagee, without nonce or demand, suit st
law or is equfty, theretofore, or thereafter begun. may be prosecuted ae U all moneys secured horeby had matured
peior to ib institution.
Z. That in the crest that at tM- be~inriiug of or at any time pending any suit upon this mortgage. or to
torecloss .lt. or to reform It. and/or to eaforq payment of any claims hereunder, said Mortgagee shall apply
to the court having ~urlsdictlon thereof for the appointment of a Receiver, such court shall torthwiW appoint
a Receiver of said mortgaged property a!1 and singular. including atl and singular the rents, income. profits„
issues and revenues from whatever source derived, each and every of which, it be,ng expressly understood. V
hereby mortgaged as it specifically set forth and descr~ted in the Rranting and habendum clauses -hereof, and
such Receiver shall have all the broad and effective tuncti~ns and Ixnvers in anywise entrwted by • court -
to • Receiver, and such appointment shall be made by such court as an admitted equity sad a matter of ab•
solute right to said Mortgagee. and without reference to the adequacy or inadequacy of the value of the prop•
arty mortgaged or to the solvency or insolvency of said Mortgagor and/or of the defsndaata, sad that such
rent. pro 'ts, Income, issues and rerenua shall be applied by such Receiver according to the Uea sad/or equity
of said ,toetgagee and the practice of such court. -
o ~
alwve desc ditional loans or future advances ma a within twenty years from date hereof by the
mortgagee to said mor title of said mortgagors of the property hereby conveyed;
provided that the total unpaid balance of the in a hereby at any one time shall not exceed
the maximum principal amount of Dollars
(S plus interest thereon and any disbursements made by them a pay-
i
I
W W1TNL33 WHERSOF~ the said Mortgagor has executed this mortgage under seat on tM day and year
herein tint above wslttea.
81 ed, sealed and detiverad in the presence ot:
T. Fa e
~ ~ -
ueC. Fa
_SO42S2
1950 OCT 22 ~ ~ 20
STATE OF..._..FLORIDA -
MARTIN » ~
tiLFi? R?{C f•`CQhAt ll
Si LUCIE C
COUNTY OF...»__......»..» , ROGFR t'OijiY.
i~ RAs
8eto» me personally appear+sd. JOHN FARRELL and TRUDE C Fp~
~ to me well known and known to me to he the individual. $ described In and who a:ecuted the tosegofng ittstrw
meat. and acknowledged before ms that .tha.y executed the same for the pu thereia expressed. ~~inu~1~~,
WTPNE33 my hand and official seal thie....~..~.~ »ay ot......_....»_..» ~ s ~ ,
.
_ ~
Notary Pub La sad foe _ ' , • ~ ~ : -
t C:ouat aAd Sta At 7. ~ s
he to _
y
My commiwioa expires: • =
'
STATE OF...------•• NOTARY PUBLIC. ST , _ ,
COUNTY OF.......»......_..»......».._.._.......~ as. 1NL CpMY1SS10t1
~n.,,,.~,.,.
Retort me persoaaUy sppeared_._»...._........»._.-•---»..»_._» -
and.......» to n» ve11 kaowa acid
known to me to be the..»......_»._.._.»..».__.:_...Presfdeat aad Secretary -
reapectively`o » the oorporatloa
named la the forego tnuneat. sad known to me to the persons. who su suW om said corporattoo. .
executeA the same; sad tbera the pid the said
s - '
i » aelct~oMrledge before me t said
instrument y the hee act sad deed of oorporatioa by them rapectl executed v such oftlars for
~ purposes thereto expressed: that the reunto attached V fife corpo seal by them to ll)te capacity -
Hued: W under anthorlty in them duly va by the Board-of Directors of ration.
~v1TNESS my hand sad ateclal seal _.....day o!»._»».._..:.».. 3Y.._._
Notary PuDUc la and for
tl» County sad State Atoreeald.
h[y ooramlaslon estpiew:
ao~~. n~ ~
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