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E:r~~~,~~ ~tip 14th dQ,, oJ J~iy A. n. ~o » by
i~'illiam B. Collison and Melicent J. Colliaon, his w~ife ~ ~
hereinaJter called Ihe mortgaflor, !o FIRST CITRUS BANK OF INDUN BIVQ$ COUNl'Y .
banking . . .
q/corporalion existing urtc~e? Itie ~aws oj fhe Sfota o~ Florida , u~ifti ifs permanenf posto)ffce
addre:s at 2004 14th Avenue, Post Office Box 1269, Vero Beach, FL 32960
hprninaf Ipr called !he mo?tgagee:
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IWlKrevtr wtd 6et~i~ the tcrsn '•ootq~ot~ a~d ••morefssee" isrludr aU tbe pu~ies w ~lis iasuume~t a~d tAe ?ein.
k~al rcpre~eami~es asd ~i~tm ot i~diridwb a~d tAe accenon aad aai~~s ol corporatiws: aad ~Ae trrs ••~we••
includes all ~?e ~ous ~erei~ derriAed il ~at i?u oae. )
~L~~e~~ Ihat (or good and valua6le consideralions, and also in consideratton oJ 1he ags~re-
gafe sum narned in ttie promissory nofe o~ enen dnte herewilh. hereina~le? descri6ed, ftie morf~agor ~ere-
6y gmnls. 6argains, seUa, altens, remtae~, conveys and eonJirms unto Ihe morlgagee alI Ihe cerfnin land
o~ whic% f{~e morfgngor Is now setzed and fn possesston situale in St. Lucie rounfy,
?~~ori~a. i+iz:
Lot 6, Hlock 58,~UNIT #6, I~1Cal00D PABR, aa per plat thereof on
file in Plat Eost 11, at page 7 of the public records of St. Lucie
Couaty, Florida.
~~p IN PAYMQR ~ TAXES ~
p1E pN qASg ~C INTANGIBIE PERSO"i~l PIiOi'ER1Yr
p~~(T jp (;FIAP~lER~7~ T~~iS OF 191L ~p
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CtER1~ CiIiCUR CWQT. Sf. WC1E O0~ F1/1,
The_Mortgagors;warrant With the Mortgagee thst.in the event that at the
beginning of or at any time pending any suit upon this mortgage. or to
foreclose it, or to reform it, and/or to enforce payment of any.claims •
hereunder, said Mortgagee shall apply to the court having jurisdiction
thereof for the appointment of a Beceiver, auch court shall forttn~ith ~
appoint a Receiver of said nartgaged property all and singular, including
all and singular the rents, inco~, profits, issues and revenues fran ,
whatever source derived, each and every of which, it being expressly under- ~
stood, is hereby mortgaged as if apecifically set forth and described in
the granting and habend~mn clauses hereof, and such Receiver shall have all
the broad and effective functiona and paaers in anyvise entrusted by a
court to a Receiver, and 8uch appointmeat shall be made by such court as
an admitted equity and a matter of absolute right to said I4ortgagee,
and without reference to the adequacy or inadequacy of the value of the
property mortgaged or~to the solvency or insolve~sy of said Mortgagor ~
• and/or of the defendants, and that such rents, profits, income, issues and
revenues ahall be applied by such Receiver according to the lien and/or ~
equity of seid l~iortgagee and the practice of such court.
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