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HomeMy WebLinkAbout1957 " . r MO~TGAGf DEED D~EW'S iORM R. E. DS .MOnufac~~~~d aod lor ~oi• bi Te• N a w e 0«. toMpa~~ ' TO COlWlATION FRnM IHDIV16UAl _ lockwnv~n~, f~~:~ ~!a ~ . . ~ ~ ~ , w )~J~ / ~ ~ ~ ~ ~ ~ ~ ~ E:re~rute~~{ tf~e~ 22 ~~ay o~ June A. li. 19 65 hy ~i i ~ i JIM DIAt~iOND and llOROTHY L. DIAMOND, His t,life ' ` i ; fier~inn(tYr ra~~PC~ t{iY nwrtya,yor, tu THE INDLAN RTVER CITRUS BANK ~ a corporntion ezisting unc~er the ~au~s o~ the State o~ Florida , u~ith its perman~nt posto~~ice ~ ( , I ~ ac~dress at Vero Beach, Florida ; ~ {~ereinaf ter calted the mortgagee: ~ ~ . ~ r1 ~ (K'hererer use~ hertin tht terma "morta~gor" aad "mortgagee" indude all the parties te this instrument and the hein, i i ~ ~ IeKwl reprexn[ativa and assiRns of individuals, and tAe succes~n and as+itns ot corporatiens: and the ~erm "notr" ; includee all the nutes hertin dexribni i( mare than one.) d i I ~~L![~,~Q~~ thnt /or good and raluable rnnsederatinns, and also in consideration o[ the aggre ~ ~ ; ;qate sum named in iha promissory note of even date herewit{~, hereina(ter descri6Qd, the mortgagor here- ! ~ by c~rants, 6nryains, sells, aliens, remises, conveys and con~irms unto the mortgagee n~l the certain land ; E of u~hic{i t~e mortgagor is nou~.spixed and in possession situate in St. Lucie County, i i ~ ~ F~orrtra, t~iz: ~ ~ PARCEL N0. 1: Begin at th~ Southwest corner of Lot 1 of Carlgan's Subdivision as per plat thereof recorded in Plat Boak 3, Page 24, Public Records of St. Lucie; 4 ~ounty, Florida, thence run Easterly along the South line of said Lot 1 a distanc~ f of 1026.1 ft. to the West right-of-way line of U.S. HighWay ~1; thence run ;~orthwesterly along said West right-of-way l~ne a distance of 200 ft.; thence run Westerly on a line paraliel to the South line of said Lot 1 to the West line i of said Lat 1; ~hence run Southerly along the West line of said La[ 1 to [he ~ point of beginning. EXCEPTING therefram ~11 easements for public roads ~nd ~ 1 ~r telephone nnd telegraph lines. PARCEL N0. 2: That part of Lot 2 af Carlsan's Subdivision, according to Piat ~ I BQOk 3, Page 24, St. ~.ucie County records, lying West of U.S. Highway ~1, exceFt ~ the South SO feat thereof. Same being in Section 21, Township 34 South, ~,tange 40 East: ~ PARCEL N0. 3: All of the SouCh 50 feet af Lot 2 and aIl of Lot 3, of Carlsan's ~ ~ Subdivision, according to Plat Book 3, Page 24, St. Lucie County Records, lying i I West of Ridgehaven Road, excepting therefrom the East 150 feet. All lying and ~ being in Section 21, Township 34 SouCh, Range 40 East, I i NOT~: This is a SEC4ND Martgage ta the mortgage, held by The Indian River I Citrus Bank, Vero Beach, Florida, dated the Z6th day of March, 1964, recorded in Official Recor3 Book #83, Page ~450, 5t. Lucie County records. i) ALS~7: 1 IJsed 1965 PU Truck, Modal #3480, Serial #134805A101409 (T.C. #1.855357) 1 Use~ 19b0 Chevrolet Wrecker Truck, Model ~3603, Serial ~OC363A113906 j I 1 Used 1964 Ford Truck, Model ~N602, Serial #~N60CU490435 If i i I The Mortgagors warrant with the Mortgage~ that in the event that at the beginning I of or at any time pending anq suit upon this aartgage, or t~ forecloae it, or to ; ~ reform it, ar to enforce payment of any claims hereunder, said Mortgagee ~hall ~ apply to the court haviag jurisdiction thereaf far the a.ppaintment of a Receiver, ! such court shall forthwith appoinC a Receiver, of said awrtgaged property all and i singular including all and the aingular the income, profita, i:ssues and revenues ~ I~ from whatever snurce derived, each and every Qf which, it being expressly under- , I~ stood is hexeby mortgagad as if specifically set forth and described in the ~ II granting and hab~~dum clauses h~reof~ and such Receiver shall. have all the broad i and effective functiona and powers in any vi~e entrusted by a court ta a R~ceiver, i ~ and such appoint~aent shall be made by ~ueh court as an admitCed equfty and a I ~I matter of absolute right to said M~r[gagee, and wi~hout refersnce to the adequaey ~ or inadequacy of the value of the property mortgsged or to the solvency or ~ ; insolvency o£ said Mortgagore or the defendants, and thst such renta, profits, ~ i inc~e ~.ssues and rev~nues shall b~ applied by such Receiver to the lien or equity of said KorLgagee and the practice of. such court. i ~ i i, ~ t; .1r l~ ~ j' ~ i ! li