HomeMy WebLinkAbout2296 M011TQA0[ O[<O IIAMCO FORM Rtis ~
TO C011WIIATION /110M INOtYIOYAI THIS
IS A SE_COiND MORTGAGE _
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~ Executed t{~e 22 day o/ September A. D. 1972 6y ~
Grady Wilson Tyner and Thelma J. Tyner, his wife :
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he~etnaf ler called the mortgagor, to The IndianRiver Citrus Bank, a florida banking
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corpomtlon exiating under fhe ~aws o( fhe Stafe o( Florida , with its pernwnent poato~~Ice
address at 2004 14th Avenae , Vero Beach, Florida
~eretna~ter callstl the mortgagee:
(Wherever med baei~ tAe ~er~s ••~wref asd ••ao~t~aaK•• iacA~de ~U ~6e Mrtw es t?i~ irtr~eat ud t4 ~ani
~M~ represewutires asd a~w ~o~/ ~u~~ud ~M w~coe~on ~wd a~i~ o( ~wpor~tioN: a~d t!~ ~e~ "~oee•
iedrda atl tfe ~ous 6crei~ dav~3M il eae o~eJ
~l~l~t~~ t6at Jor good and vnl~bl~ ron,~d~at~o~, and n6o in eonsidw+atton oj th~ a9Aro-
gate sum named tn !~e promi~sory note oj enen date hereu~ilh, hentnaltn doscri~. f~e mortgngo? htro-
6y g~nnts, bargains, sel~s, a~tens. remisea. conveqa and con~irnu unlo th~ mortgaeat al~ t~io ctrfain jand
o~ which the mortgago~ is now seized and in poasesston situate in St. Lucie CO~h~
Florida, viz:
The North 70 feet of Lots 24 and 25, of F6IMETT0 PARK Subdivision,
as per plat thereof on file in Plat Book 4, at page 64, of the public
records of St. Lucie County, Florida
Also: I.C.S. Modernization Loan
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RECEiM~ ~ ~pt9oN~l
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€ The Mortgagors warrant with the l~tortgagee that in the event that at the
~ beginning of or at any time pending any suit upon this mortgage, or to
~ foreclose it or to reform it, or to enforce payment of any claims hereunder,
said mortgagee shall apply to the court having jurisdiction thereof for the
appointment of a Receiver, such court shall forthWith appoint a Receiver
of said property all and singular, including all and singular the income,
rents, profita, and isaues and revenues from Wt?atever source derived each
and every of which, it being expressly understood, is hereby mortgaged as if
specifically set forth and described in the granting and habendum clau~es.
~ hereof, and such Receiver ahall have all the broad and effective functions ~
g and povera of anywiBe entrusted by a court to a Receiver, and auch appointment
~ shall be made by such court as an admitted equity of and matter of absolute
~ right to said Hortgagee, and Without reference t4 the adequacy or inadequacy
Y of the value of the property mortgaged or to the solvency or insolvency of
~ said Mortgagors and/or the defendants, and that such rents, profita,income,
~ issues and revenues ahall be applied by such receiver according to the lien
~ and/or equity of said Nortgagee and the practice of such courts.
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