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` MORTOAOt t)[[O .~.~/'~z~ RAMCO FORM Rti]e
TO t:Ow?OIIATtON I110M IMOIV10YAl ~ ! /
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Executed. the THIRD ~ day of APRIL A. D. 1979 by
I~l00DSON D. CARPENTER AND DOLORES M. CARPENTER
hereinafter called the mortgagor, to FIRST CITRUS BANK OF INDIAN RIVER COUNTY
a rnrporofion existing under fhe laws of the State of FLORIDA ,with its permanent poatojjice
-`address nt Post Office Box 1269, Vero Beach, Florida 32960
hereinafter cared the mortgagee:
. (Wherever seed fereiu the test: ".o. ssd "metpaee" isrlude eU t6s osrtiea to t6ia iwstrsstest end trs rein.
wc~~l~uda~ a~t6e use
es ?cteiusr~ °r '~~~aed t?e wcYe»on and aa.ites of co.poratio..: a.d the terms ••wee••
'deMeeribedJ mre aye.)
~tnt~bt, that for good and valuable considerations, and nlso in consideration of the aggre-
gate sum named in the promissory note of even date herewith, hereinafter described,. the mortgagor here-
by grants, bargains, sells, alters, remises, con~eya and confirms unto the mortgagee nll the certain land
of which the mortgagor U now seised and to possession situate in ST. LUCIE County,
Florida, viz:
LOT 24, BLOCK 63, I.A1CEii100D PARK SUBDIVISION, UNIT ~6,
ST. LUCIE COUNTY, FLORIDA.
1leeelved t In payment Ot Taxes
Oue On Class. "C" Intargibls Personai Property.
Pursuenl t0 Chapter 71.134. Acts Oi 1871.
ROGER POITRAS .
CIC?!+ CIrCUk Court SL h~ucM. Co.e Fla.
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-The Mortgagors warrant with the Mortgagee that in the event that at the beginning
6 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 Receiver,
such court shall forthwith appoint a Receiver of said mortgaged property all and
s singular, including all and singular the rents, income, profits, issues and
revenues from whatever source derived, each and every of which, it being expressly
understood, is hereby mortgaged as if specifically set forth and described in the
granting and habendum clauses hereof, and such Receiver shall have all the broad
and effective functions and powers in anywise entrusted by a court to a Receiver,
y and such appointment shall be made by such court as an admitted equity and a matter
e of absolute right to said Mortgagee, and without reference to the adequacy or
inadequacy of the value of the property mortgaged or to the solvency or insolvency
u of said Mortgagor and/or of the defendants, and that such rents, profits, income
issues and revenues shall be applied by such Receiver according to the lien and/or
equity of said Mortgagee and the practice of such court.
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