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HomeMy WebLinkAbout0965 ta?ot oE~ oeEw•s fow t. e. aiy, w..ha+w.r •.I h. ww h~ T~. M. a w. O..v G.~..r frM Gnw~1iN N CMiw~tiM 1~ttw~~11N. fIwIM r~ i ~ ~,~t 254859 ~ ~ ~ ~ ~ ~r ~ Ex~uted ~he 16 day oj April A. D. ~9 73 6y ~ Wilcoz Auto Sales, Inc. a c~orporation existing under lhe jaws of the StBte Of F10tidA , and ~aving its principal place o~ 6~tnesa at Vero Beach, Florida ~ ~eneina~te~ cal~ the mortgagor, to ~ THB IHDIAN BIVIIt CITRUS BAI~C, a Florida banking a oorporation existing unde~ t~e~aws of t~e $lnte o~ Florida , wit~ its permanent posto~fice address at P.O. Box 1269, Vero Beach, Florida , hereinaJter calle~I ll~e mortgagee: (Wberever u~ed herein the urms ••mor~_ , ot". and ••morta~" ieclude all tbe partiea to t6it iastrumeat asd the 6eirs. ksal repraenutirn asd auism o( i aad [6e auccesso~s and aniam o[ corporatioas: and t6e tero ••mte•• iacludes all t6e eotn 6enia docribed i( mae eLan oae. ) lhat (or good and vnlunble conside?nlions, and also in considemtion of t1~e aggre- gate sum named in the promissory note o/ euen dnte hereu~ith, hereina(ter described, the mortgagor here- ~ by g~~s, bnrgains, sells, aliens, remises, conveys and con(irms unto the morigagee all the certnin land of whick t~e mortgagor ~is now seizecl and in possession situale in . St. Lucie County. Florida ~iZ: Lot No. 305, Section II, in that certain Condominium Rnown as , Outdoor ~esorta of America at Nettlea Island, according to plat . p of Nettles Island Project, Plat Book 16, Pages 1, lA through 1J 1 (both inclusive) and Declaration of Condominium, Official Record ; ~ Book 186, Page 2720 as Iaet aa~nded Official Record Book 192, ~ ! ~ Page 820, all aa filed for record in the Office of the Clerk of the Circuit Court, St. Iucie County, Florida, together with: (i) an ~ undivided 1/1585th interest in those lands designated by ssid Plat I and Declaration (as amanded) as con~ma elements and limited comm~n elements; and, (ii) all tenements, hereditaaenta and appurtenances thereunto belonging or in anywise appertaining; ; Also: 1973 Cobra Travel Trailer Serial ~CT-6141-325 ~ c~. ~ ~E { ~ ~ i `~Q~. ~t; ~ ~ ~ ~6~g ,3a ~ ~ \l~ ~ ~ `JC , dJ~p ~o ~t~~~~~~ S~~/~ ~RS~ o~" c~ti c\ ~ The l~brtgagors warrant with the M~rtgagee that in the event that aC the beginning of or at any time pending anq suit upon this m~rtgage, or to s foreclose it or to reform it, or to enforce payment of any claims hereunder ~ said Hortgagee shall apply to the court having jurisdiction thereof for the appoiatment of a Receiver, such court shall forthwith sppoint a Beceiver of said property all and aingular, in~luding all and singtilar the income, rents, profits, and iasues and r~wenues from vhatever source derived, each and every of which it being expreasly understood, is hereby uortgaged as if ~ specifically aet forth and described in the granting and habendum clauses :F hereof, and such Iteceiver shall have all the broad and effective functions ' and pawers of anywise entrusted by a court to a Receiver, and such appointment ~ shall be made by such court as an admitted equity of and matter of absolute ~ right of said I~i~rtgsgee, and vithout reference to the adequacy or inadequacy . of the value of the prop~rty a4rtgaged or to the solvency or insolvency of said and/or the defendants, and that such rente, profite, incoaes and issues, ` and revenuea shall be applied by such Seceiver according to the lien and/or ; equity of said Hortgagee and the practice of such courts. ~ooK 214 PACE 964 ~ ' ~ - : ~ ~ ~ ~ - : _ . ~ ~