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HomeMy WebLinkAbout2153 t f the pende~uy ~t such forecl~;ure suit, as well as du~in~ any further f~me wncn tlie AAort~o~, ~ts successors or assifln;, except for tiie ~ntar.~~~t~on ot such rece~ve., w~uld be entitled ro cot~ect such rents, ~ssues and profits, snd afl other powe~s which msy be necessary or are ~>ual ~n such cases fur the prota~non, posiess~on, control, rr+~naqement and operatio~ ol the premises durinq the whole of said pe~iod. The C^urt from t~me to nme may a:.~F~onze the reteiver to apply the nef income in his hsnds in payment in whok or in pDrt oi: ~ a~ the :ndeGtedness secured he~eby, o? by any decree foreclosing this mortflafle, w any tax, special asussment or other lien which ~ray be or beceme :u?enor ro the I~e~ hereof or of such decree, p~ovided suth application ~s made prior to foreclosure sa~e; ~b~ the det~ciancy in case ef a sale and defiuency. 3 7. The rtwrtgage~ or the holde~s of the note shall have the riflht to inspect the p~em~ses at all reasonabl~ times and access thereto ~ n~1I be permitted tor that pu~pose. 8. If this n:ort~sye eN~mbers any un~mpraved property, any referente to improvements ~i,n a re t ntained sh I t appty. : 9. It is agreed and understood between the parties that the/mor~gagorr res ~ e~ fhe right ~ to remodel, remove or demolish any buildings that may be located on the above-described ~ premises~ and such actions shall not be considered waste. ! r 's ~ The Indian Rir~er Citrus Bank, Vero Beach THIS N,ORTGAGf is executed 5y ]f~Y 7[X,lk7t7b7fi~fal[~7~ii~iC, F~orida t I r a r tne exercise of the powe~ and autho~ity conferred upo~ and vested in it as w:.h T:e~tee (and o*~~. nereby warrants that it possesses full power and authority to execute this instrumentl, and it is express~y u~derstuod and agreed tfiat noth- ~-+g herein or in said note contained shall be construed as creating any liability on the Mortgagor personally to pay the said ~ote or any interest rnst may xcrue thereon, or any indebtedness accruing he~eunder, or to perform any covenant either express or implied herein contained, all wch liability, if any i ~Q~" or hereafter tlaiming any riyht or securiry here- ~:~der, and that, so far as ~g ~~~~Y is concerned, the 1e9a1 holder or holders of said ~ n~te and the owner or owners of any indebtedness accruin~ he~eunder shall loolc sale~Y to the premises hereby created, in tM manner herein and in said note provided or by attion to enfwce the personal liability of the guarantor, if any. This waiver shall in no way affett tfie personal I.ability of any cc-s~gntr, endorser Or guarantor Of said note. , i ~ ~ ~ ~ f i ~ ~ 2 ~ i The Indian River Citrus Bank, Vero Beach IN WITNESS WHEREOF, ~~~xR~x~~~~~~~. Florida, not pe~sonally but as e Trustee as aforesaid, has caused these presents to be signed by its Trust Officer, and its corporate seal to be here- ~ ~ unto affixed and attested by its Vice P~esident, the day and year firsi above written. ~ THE INDIAN RIVER CYTRUS BANK ~ ~ As Trustee as aforesaid and not personally, ~ ~ . . 4~~- ~ . + ~ ~ : ' • ~ BY- _ ~ ? ' ~ , ~ C r Qi 1 a-- :i~: a~ c:~rust Offi ; - ' ' ~ ~ / • _ ~'S , ~~~iZ- l/ ~ ~'j.`~ C. Attest ~ ~ ~ ~ 1 / ~ t,.' - Vice Praident and Cashier. ^ . :v , z# ~~~py of Note sf?ould be attr_hed hereto.l . ' ~ t - ~ ~ Signed, sealed and delivered in the presence of: t - ~ _ti ,,,LLl~~;(~ - ~ /,,,-s~~ `''/L? . L4 Q - ~ ~ e~ Copy of Note is attached hereto and marked as Exhibit A. 600K ~ PAGf ~r,#.~ e9 `~v '