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Home My WebLink About1798 t v ;~1 k, l?' ~t J ~i ~ R~~ , ~ r ~ a ~ f ~ . ~ . . , s.,,.~r = L a~~cees .lthat if at an time it is determin ~d to be ~ The_8arrower further ~ Y in default by the fi~~tmqr~a~e~e or the lender an8 that a receivorship f is~necessary in the dpih~on of the first mortgagee or the lender to protect the lien of eithe~~~party, or at the time of or after the in- stitution of any suit to collect the indelatedness hereby secured in favor of t~.he lender or to foreclose any mortqaqe or other lien in favor of the lender, the lender shall, as an ad~aitted equity and as a matter of strict right and reqardless of the value of the property, or the solvency or insolvency of the Borrower or any party bound for the payment of the indebtedness due the lender, the right to appoint, on ex parte application and without notice to anyone by any proger court havinq jurisdiction, a receiver, which receiver shall have all of the broad and effective powers and functions in any wise entrusted by the court to a receiver to take charqe of, manage, preserve, maintain, care for, and protect the premises and property and chattels subject ~o such action and to collect rents, issues, proceeds, produce, profit, income and revenues of the premises, . property or chattels from whatsoever source derived; the receiver or trustee shall have the authority to make all necessary or needful repairs and to cultivate, operate, dust, prune, fertilize, lime, drain, irrigate, and protect from damage by fire, the fields, pasture.4, archard, citrus groves and all other agriculturai development located on premises in - question and to market the products thereof and receive and collect the proceeds thereof and such receivorship shall at the op~ion of the lender, continue-until the full payment of all sums secured to-the lender or until the premises, property and chattels shall have passed pursuant to a sale under proper foreclosure proceedings or pursuant to the uniform commercial code of the State of Florida. , - ~L ~ ~ Florida Goc~menta.y Stamps, in th~ am~unt ei ~ This instrument prepared by ~ 1,26y,2~ t~ave C~~n placed on the existln; I c~r~ George P, {,laiker I ~ r~ii:s s~~l!~:~ h~i~uy. ed .~f G1{f-1',t1~Ztic Pr~~~ct~~n GULF - ATIAidT:L P:,~~~CTi~:~i CREDii AiSOCIATiON ~ Credit Ass'n. P: O. Box 1546 ~ Date• 9-5-74 By ~ " ~ Lakel3nd, Florida ~ ,l ~ ~ - m~etLer ..:~e ~n ana sinsdu tk oe~enb. berea:~t.. ana .pparknaox, ere:emto beloo~ins a is m,.:x appe*.aioins. aaa er~ ~ena, iaae, ana o.o6a ` v ~~A dcfaah ooder this iastrament or aader aa~ akr imtr~...--t heretofore or 6ereafter ezecuud b Borro~er to I.eader s6a11 at t4 ootion of Lender ~ ~osticnte a dcIaah 5nder an~ one or aore. or all imtrasenb ezetaKd 67 Bocm~er to I.eudet. ~ ~ TO HAYE A~iD TO HOLD We said propat~ emto Lende*. ib ~oecesson aod as+isns. in fee sispk tore?er. ?Lis mortp~e is ezeented pu»oaat to Seetion 69~.0~ Florida Shtntes. as ameaded. to aecare a~recultnral loans aad loam ot an~ aR6er eL~aeter. - I3is mort~~e sLiU also sceare ap d'abarsemenb tlat aa~ be made h I.ender toc ts~ca. 1e~Ges.~ ar imaraaee m tle propedT Lereis des~ed. witL 'mhre~t thercon. Tk liea oi thia mort~sie :Lall na be teroinated ar ot6er~isc aHected dnrin[ a pcriod of t.eotT sears fros tLe date Ircrao( 67 nW1~~ ia toQ aae or more ti~, of all indebtedness tLea oabtand'a+s wlas tLis sort~a~e stixll be [oroall7 rekased or discharsed of rtcord: Pr~strl, io~ror?, tLat iE at aq ~ time durws tirmt~ lears lras_eLe date of eLia aort~a[e ticre be m indebtcdoeu oatstsndin~ of Borco~cr to Lealer. and ao oWi=ation of I.eodet to eake an7 ~ [erther ad~ances to Borm~er. I,eadet ~ll. upoa wriuea reQaest of UadersKoed. u~cate and deli~er to Undersi~ned a sarisfxtioa of tl"a ~ortsa~e_ T~e eristiK ~ indebtedaess aad all ad~ances ttiat mr bt ~ade tiereaader are. and ~ill be. e~~d~ced b~ nde~. all of wLitk are Leseb'7 e~tw17 asdt s paet oE tW ~ontp~t. i L Tbe prmrisiom. terss. oo~ewab. eaoditioa+. oWi~atioos. Power+ aad otLer cmtend set fortb iw Sectian B. esceP~ P~ir+P~ 11, aod Seetina C is t3at ~ ~ Blank or Yaster Fore of 1[ortp~e Na 1 04 ---~aTL~I~_.--~ ----Prodoetioo Cttdit ANOeiat+m. _ - - - - ._---Caot7. FWrids. ia 1[octi~ 184--- ~~a in tLe oice of the Ckrt of tLe C'ucnit Co~rt of_ St. Lueie s 2847 ps~° • arc lerebl iaoorponud b7 refercna aad made a part of tLis instroueat u if set fortl Lerein ia e~esso. (ltaeitt of a oopf of raid MaNer Fo~r is 6ereb7 xlma~k,d[ed b1 Uoden4oed.~ ~ EXHCUTED. SEALED AND DELIVE~ED. t~is 13 th o f- --Ma~_- 19 7 4 FIl'PtTRE ADVANCFS MAY BE 11~IADE AS PROVIDED FOR HEREIN. s~a. ~a n~r. ~ r~~ ~p O MITED - (L S.) BY ~y ~s n urn , ar er ; # / : a-yy, s.~ ~ - , 1g . . g . ar ner 1 lam g. Parr, ~ enera ar ner R ~I~r. -i~, sa LI~,) . ~ ~ ' ~ ~ ° ?_~l 17~ F~ 80Qt A s ~o ~ai 11iaM H. arr, Gen. Partner - ~ . - - - - ~ ~ ~~°v.,