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HomeMy WebLinkAbout2350 i MORTpAOE OECO ~ RAMCO F~RM RF3S f0 COqW71ATiOM IROM I.~D/YIOYAI 2~942~ r ~ / - _ t:r~~~t~l ~I~P 21st ~ay °J gehruarv A. D. 19 73by Fred~erick Jacobs l~ereino/ler calletl the mortgnflor, fo THS IND7AN RNffit CITRUS BANK bsnkin~ ~ n ~(corporatio~ existing under Ihe laws o( the Stote o~ Florida , u~itl~ its permnnent postof jice add?rss at Post Office Box 1269, Vero Beach, Florida 32960 ~ereina~ter calle~I Ihe morlgagee: ~ (WA~mcr med Aereu tAe h~ms "m«t a~o?~ a~d "sortsasee" i~ch~dc all ~he par~ies to tAis imwot~t aad t?e ?tin. e keal repnxnatists aad an~ as oI i~dividwb. aad t?e wcrevnra aad aai~~s o( co~poratioas; aad ~6e u~ ••wte•• iacludts all tAe wtd ht~ei~ dr~cribtd it oore tAa~ we.) ~ ~ ~~~~e~~ l6at f or good and i~nluable c~onsideratio~u, and also in consideration oJ lhe ugqre- gate sum namec~ in !/~e promissory note oj even c~ate Aernwith, hereinaJler ciescri~, tRe mortgagor here- 6y grants, 6argains, sells, altens, remiaes, rnnveys and con~irnu unlo tlee mortgagee all !6e certain land o~ w/~ich Il~e mortgagor is now seized and i?l possession situate :n St. Lucie County. ~'~oric~a. niz: Lot 22, Block 4, B8L-AIRE ESTA~~, 358 Paadar~ Ati•~nue, as per plat thereof ' filed in the office of the Clerk of the Circuit Court in St. Lucie County, Florida, in Plat Book 14, at page 21. Said land lying and being in St. Lucfe County, Florida. ALSO, one 1962 Champion Mobile Home 10 R 60, Serial R3171. . ~ tl~ ~ f S L-~ ~N r~rNart~n, ~ ~ Nu ~ ~ ~ ~~r~+~~~ ~ ~ ie~~<< ~ ~~t to ~~~at~~ ~ ~ ~ c~aa??; The Mortgagors warrant wittr the Mortgagee that in the event that at the beginning of or at any time pending any suft upon this ~rtgsge, 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, auch court shall forthwith appoint a Rec~iver - of said property all and singular, incl~ing all and singular the-income, rents, profits, and issues and revenuea from Whatever source derived each - $nd every of which, it beiqg expressly understood, is hereby mortgaged as ~ if specifically set forth and described in the granting and habend~ clausea ~ hereof, and such Receiver shall have all the broad and effective functions and powers of anywise eatrnsted by a court to a Receiver and such appointment r~ shall be made by auch court ag ~n admitted equity of and matter-of absolute right to said mortgagee and without reference to the adequacy or inadequacy ~ of the value of the property mortgaged or to the solvency or insolvency of ' said Mortgagors and/or the defendants, and that such rents, prafita, iacome, issues and revenues shall be applied by such receiver according to the lien and/or equity of said Mortgagee and tt?e practice of such courts. ~ I ~ I Bt~UK ~Gt ~ ~ , ~ ' - - - - - F., r - . - , ' ~ ~ a,;z ~ ~ ~ .a-E~~. _ ,