HomeMy WebLinkAbout0969 ~ 6. To perm~t, com»zit or aw~'er no w~a,ate, ~na.pairm.ant or etarrora n a a
prnpert~y or any part thereof.
6. To perform, compd~/ with and abide by each and every the 8itpulatio~s, a ee-
ment8, conditiona and covenants in said promi~sory note and ir~ this deed set forth.
7. If any of sacid sums of money herein referred to be not prom~#ly and futly paid
within t+~c~a ~ae.~t atiter the 8ame severally become due and paz able,
or if each and every the stipulatr:ons, ac~reements, conditions and covenants o}~said
promissory note and this vdeec~ or either, are not duly perforrned, complied with and
abided by; the said a~~re~ate sum »aenticrned in sacid promissory note sh..eaccll become
due and payabl~ forthtuith or thereafter a-t the o~tion of tha ,hfort~ra~ee as fully and
com~letely a8 af the said a~ rg~'ate sum of
~tlars was ori~i~aall~ stiptatated to be pacid on sicch da~/,
~nythin~ in said promissory note or herein to the contrary ~ant~r~ithBtanding.
8. T)i,a Jl~ort,~a,~ee ma~/, at any time wltile a suit i,s pen~lin~to foreclv8e orw reform
this mor~~a~e or to enforca any claitn8 ariain~ lcereunder, ap>>ly to tl~e court huvin~ ~
,~uri8di+ction thereof for the appointn:ent of a receiver, a~id arcch coi~rt Rhalt forthwith
dppoint a rece~ver of 8he premi,eea and a!t other Nroperty cuvered here b~/, inclu,diri~ all
and singular the income, profi~.s, rents, iarau,es and reaeitices from whatever satcrce c~e-
ratred, and 8ueh recetver ah.att have all the broad an.d effectivP functions an~ powere in
anywise entrte.~ted by a court to a rec~iveran~lsuc;h appointment, sicalt be ~rcac~e by Set,ch
court ets an~ admitted eqicity and a matter of absotute right t~~ Bai~G ~Nort$agee, cthd
without reference to the adequac~ or inaalequacy of the valrce of the property mort-
~ac~ed or to the solvenc~/ or insolvency of aa,id .~lfort~a~or or the ~efendantg, a.~d suc/a
tncome, prnftt$, renta, i~auea and revenuea~ ~rhall Le up~vliei! bb .4cr,ch receiver accordia~
to tlu lien of thas mort~?a~e acnd the pra,ctice of Buch court.
~s . is A• BAT~AOti ND~IC'~4C~ SDC(1RIIaG A V~?FtIABIE RATE ~BLIGATION. A~
n~rrrr~r. x~ a~ n~rr~r ~ To ~~Y Fxru~ ~ oF ~ r~~,
PAYA~~ OR TFII~ BAT~ DUE LiPON M~Z[1RITY ~~XX1Ia BE APPRDXIl~4~TII,Y $99, 379. 03, `I~
WI~I AAC~~ ItJI7~E.SP, IF ANY, ArID AI,L ADVANC~'N15 Nt~i~ BY ~ I~1~KiC'~F.E L~IDiIIt Z4~
ZF.~d~'LS ~E' Tf~IS M~~. THE A~,'IVAL BAI~ DL~ tJPC~1 Nf~[JRrT'~C I~?Y VARY D~'II~IDIl~IG Gi+]
C~~1I~X~',Si, Il3 Z'f~ F2ATE OF Il1i~'~'I'.
,y x ts:
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~tidtt<ii«c;,,;;, ' ,~Yl ~~~8 ~~~1~IIf, tlie said party of the Jtrst part, h,a8
1"'~ r` caused theae presents to be si~ned in its name by its Preai~lent,
.
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~~`F p'=;a_', , ~ aru~ ita corp~rute aeal to be a~Zxed, attested by its
e+r _~'t`' " ~~,~y the day arul year above written.
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S . ~ ~ ,t , ~ ' ~ _ _..:1"~.
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- ~ I~1KE II3DLfSI'RI~1L O~RP.
: d ~ ~ Secretc~n~
~Q~~:
`''~~rtlr ":i .
SignBc~', ~eaied and Delivered in Our Presence: .
' ~ B
~ ~ Peter Beier President.
,
~~~e uf ~Im~d~ ~
~a~ ~ St. I~ucie
I, an ofJEcer aut3~orized to take acknowledgments ~f deeds accordin¢ to the
laws of the State of Florida, duly qicalifted and aeting, ~,p ~~p ~[~~g. that
~ and ,
respect~iv~~ely as President and Secretarr~ of ~ Il+IDUSPRIAL OOI~.
to me Fersonally known, this da~ aeknowledded before me that theJ executed the
_ foresoin~s mort~a~e as aucyi ~ff'icers of said corpofation. an~ th~t tfteb ~~d,theT~o
the ofj~cical seal of said eorpora~ion; and ~~urfl~sr (llet~{.fg, th~t 1~!now~ t e
said persons makin' said acknowledgmenta to be the individu.ula d~~b~'i» a~~
who exeezcted t,he said mort~a~e.
~~iht ~t ~trtot, I hereunto set m~ han.d and of}~ec~ ` a.~:=
~ C.f said CotcntJ and State, this ~ ' -
5~~~ ` y r ~
day of Novenber , .~1. D. 1986 . .':~_;=c~; J '
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. ~ 1 r'-s ~-=l~ s ..~r.~;~: ri -
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~ Notacry ublio ~ = f: ? * ~ ~d •
Zlzis InstYU~nt Prepared By: JKy Comm.i.BBion Expir~s "%S~T~'';~~•~~.; y~,,;=±
,
RIQiARD D. ST~, JR. , E9Q. KoY~r rue~ ` Ye,qf Ft ~ .
L~a Offi.oes of inr coKrussw~'r
, ua~~tU~~it'~o~~
eoe~os'swwu wor rv uNOa~w
~ & bH~.~EEt, P.A. `:~a~ - t~. . _ , .
700 Virginia Av+enue
~ S~,iite 104 , S~m Bank ~iildirig
Fort Pierae, FL 33982
(305) 465-2330 Q~~ P ~ '42 '
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. ::~0523 Pa~0963
~ R~~,~l. 1C;~. ? `J. .