HomeMy WebLinkAbout1776 the t~enclc~~cy ol such (o.ecluw~e suit, ss well as Jurinp amr fur~he~ timc whcn N~a MO~Iflagor, ils sutte~sort or assiq~?s, eKC~pt la t~~e
~n~r•~ent~on of Suth re_o~ve~. would be entiNed ro coilect such re~ts, iuues a~d profits, and ~II olha powe~s which may be necessa~y a ue
uwal in such cases ia ~M p.o~e:t~on, posussion, control. mana~erne~t and opention of the premises du~inq the whole o) said period. Th~
CCUrt from lim~ lo fime may au~hwii• IM rsceiver ro apply tFN naf Incom~ in his hands in psyment In whob a i~ part of:
lal the :~deb~cd~ess secured hereby, or by ~r+l? dccre~ foreclo~Mq this mortqap~, a any taz, tp~cial auesunent w othe~ lio~ whkh
miy b~ o~ becom~ supaiw to tM lien Mreof o~ of such d~t~, provid~d wd~ ~pp~+cstion 1s mad~ prior to foreclown sst~;
1bl tF?~ dehcitr+cy in use of s sal~ and dt~icier~cy.
7, Th~ mat~ape~ a the holde~s of t1» not~ sha~l hsw tM ~ipht ro ir?spstt tM pr~mis~s ~t all ~eason~bl~ times snd ateeu thereto
shall b~ ptrn?ilftd fW fhat purpos~.
8. If thit matpap~ ~ncu~n unimP~'~ M~~h?. +n~f? hhronq to Imp~ovem~nri herNn abow cont~M~d ahall ~+ot appl~.
9. It is agreed and understood between the parties that th~~t8~e~'e~~~~ the right
to remodel, remove or demolish any buildings that may be located on the above-described
premises , and that the mortgagor shall not be reqi~ired to maintain any citrus grove that
might be located on the above-described premises and the beneficiaries of said mortgagor
reserve the right to remove any and all citrua trees from the above-described premises
and such actions as set forth in this paragraph shall not be considered waste.
V ern Beach ,
THIS MORTGAGE ~s executed by the ~~da•„~t
D~~I.~~~~~ll~~y~1~~`,~$~;~•
the exercise of fhe power snd wtho.ity con(erred upon a~d vested in it u suth Trustee lsnd ~ ~ !1~ Q[dfJ~ ~ "~18hda,
hereby wsrra~ts that it possesses full power snd wtFwrity to execute this instrumentl, and it is expressly w~dersrood and syreed that noth-
' inq F+Nein or in said not~ conbined shall be constnied as ueatmp sr?y liability on the Mortpapor personally to pay the said note w any Interest
thst nnay stcrve thaeott, or sny indebtedness sttruinp hereunde~. w to perform sey eavenant eilhet exptess or Imptied herein contained,
all wch liability, if any, ~ a a rthr. ~t ~ ~byp ~ o? hereatter claiminp any right or secu*ity here-
unde~. and thst, so fa~ ss~ ~ 'FIoTr~~F,'~~i! concemed, the le~al holder w holden of saW
n~te aed the owner or owne?s of snv kdeWedneu attruinp h~teundtr sh~ll look sol~ly to th~ prer+nises Mnby ueattd, in the ~r heroin
and in saW n~te provWed a bY Ktion fo snioro~ th~ persornl liabtlity of th~ pwranta. if an~?. Thb wsiwr shdl i~ no way aff~tt tM persons~
I~aWlity of an~? co-s~a+N. endorter w p~waMOr of s~id not~. .
II .
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The Indian River Citrus Bank , Vero Beach ,
IN WITNESS WHEREOF, C3Sf~R~?K Florida, not personally but as
Trustee as aforesaid, has caused these presents to be signed by its Trust Otficer, and its corporate seal to be he~e-
unto affixed and attested by its Vice P~esident, the day and year fi~st abave w~itten. ,
THE INDIAN 1tIVEft CI~~~~~~~~ ~C`~`=f- ~
, /b Tn~stN as afa~said snd r+ot pKSOnally.
,
,to " -
: ,
By ice- resident ~ 3 ~ . ~ ~ ~ ~ ~
:
. . , ~ , , i
•
Attest O~A~ . : ~ ' ~ :==~::'y '
Vice Pnsid~nt • • , ~
: _ -
~Cooy of Not~ sho~,W b~ •~tacMd Mnb.)
~ ~ .r
Signed , sealed an delivered in the presence of:
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Copy of Note is attached hereto and marked as Exhibit A. F:C~ PAGE1~~
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