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MORTOAOL pit0 ,J RAMCO'ORM Rs~1
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' ~xwn~ted the 19 dey o/ Janwr7 A. D. 19 » 6y
~ Richard H. Bram add Tereaa fl. 8rawn, his vi~e
I~eninaJt.r calt.d th. mortpaflor. to Firat Citrus Bank of Indian Riv~r Countq
bankiqg ~
a/corEwration ~xtating und.r ~k~ laws of t~~ $tnt~ o~ Florida , u,it~ ils pernwnanf pozto~(ice
addros~ at Pcst Offic~ Box 1Z69, Vero Eeach, ~L 32960
tie?etnojt~s caflad thv r~torteaQ~r: -
(Wlererer wM Mra~ t!N ~eers a•t~ • a~d ••wo~~am•• i~cbde e!1 t~e praa ~o di~ i~atra~t~c ~~d t~e ?ein.
i~lydn
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t4 ~ew ~eew ~e~er+~ei~
wetM wcoeaan aed aai~t~+ et corpaatio~; a~ t4 en~ ••wo1e••
Itiot ~or good und ~luabb cnn,td~tfona. and a~ao in conslderoflon o~ Ike agq?e-
gab auiw nn~ in I~e prorwiarory w~M ~ rwn ~eM Iu~r,ewifk. {~errlna(!N d~sc?t6ec~. t~e moNgngor hero-
by g~anb. ~o~aln~. s~. ~~iwM. rwwisa. c+onw~ra and oonji~a unfo I~i~ n~ortgagee alj t1~~ cwtatn ~and
oj wkt~h tb. ~e.t~ ~ w.~r ,.tsa[ .~d i„ ~n ,ia~e r~ St. Lucie Cow~ey.
Flo~tda, e~ls:
Lots ll aad I2,~ Block SS, URB'~i00~ PMQ1C, UN2! ~5, according to
the plat thereof as recorded in Plat Book lZ, Page 5, of the Public
Records of St. Iucie Couaty, Florida.
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The !l~ortgagors warrant with the l~rtgagee that in the eveat that at the
beginning of or at any tio~e pending~any suit upon this mortgage, or to
foreclose it, or to refors ft, add or to enforce payment of auy
claias hereuader, said Mortgagee shall apply to the court having ~urisdiction
thereof for the appoint,~ent of a Beceiver, such court shall fortln~ith
appoint a Seceiver of said Mortgaged propert~ all and singuUr, including
all and singular the renta, i~?caoe, profite, issuea snd ra~rsnaes fron ~+hatever
source derived, each and every of which, it being expr~ssly understood, is hereby
sertgaged as if specifically aet forth and described ia the granting and
habendun clauses 6ereof, and such Receiver shall have all the bYaad and
effective fuactions aad powera in any~ise entrusted by a court to a Heceiver
and auch appoiataeat ahall be aade by such court as an addtted equity and a matt r
of absolatt right to asid Mortgagee, and aithout reference to tbe sdeqwcy
ar iAadequacy of the value of Lhe property mortgaged or to the solvency
or fdaolvency 6f said Z~fortgagor and/or of the defendants, and that auch
renta, profits, income, issues and revenuea shall be applied by such Receiver
according to the lien and/or equity of aaid I~brtgagee aad the practice of sach
~ court.
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