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HomeMy WebLinkAbout0863 li ~'o hove and to ~otd Ihs same, together with ~e lenem•nb, heredifamenfs and appurte- nances thereto belonging, and the rents, issues and profits thereof, unto the mortgages, in jee simple. nIW the morigagor rnvenanis with the mortgagee that the mortgagor is indefeasibly seized of said Land in jee simple: that the mortgagor has good right and lawful authority to convey said land as ajoro- said: that the mortgagor will make such /urther assurances to perfect the jee simple title to sold land to the mortgagee as may reatona6ly 6e required: that the mortgagor hereby ./ally warrants the title to said land and will defend the same against the lawful claims of all persons whomsoever: and that sold land is free and clear of all encumbrances except taxes accruing subsequent to December 31 1979, easements and restrictions of record, if any. Mortgagor agrees to preserve and care for the citrus grove now and hereafter located thereon, including cultivating, spraying, dusting, pruning, fertilizing, liming, draining, irrigating, protecting against damage by fire and replanting when necessary, all to be don in accordance with good husbandry and the most approved methods of local agricultural management.' i ~~t~Ixc~Yd~x.~xi~xx~lt~,xr~xa[xamlxa~e~a~x~~x~ratat~xwxsx XXKXa6~r~XiLYrXr~tKll~~~i~1~bXe~GX~#X If, at any time after default by mortgagor, a receivership may be necessary in the opinion bf ~ nioitgatree s-to protect the lien hereof , or at the time of or after the rnstaitution. of suit to collect the indebtedness hereby secured, or to £orec~lose this mortgage, mort- ~ gagee shall, as an admitted equity and as, a~.matter of strict right ~ and regardless of the value of the property, or the solvency or insolvency of mortgagor, have the right't'o appoint, on ex parte i application and without notice to anyone by a proper court having jurisdiction, a receiver, which receiver shall have all of the broad and effective powers and functions in any wise intrusted by the court to a receiver to take charge of, manage, preserve, main- , { lain, care for and protect the mortgaged premises and to collect the proceeds, profit, issues and income and revenue of the mort- gaged premises from whatsoever source derived; to take all necessar actions to cultivate, operate, dust, prune,-fertilize, lime, drain, irrigate and protect from damage by fire, the citrus grove located on the mortgaged premises, and to market the products thereon and ! receive and collect the proceeds thereof and such receivership shall, at the option of mortgagee, continue until the full payment of all sums hereby secured, or the title to the mortgaged premises shall have passed on sale under a foreclosure of this mor-tgage. ~ ~t i~ ~i ~i r ~i If 'i i~ 1~ P4GE t7V~ t