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MORTGAGE OF4D OREW'3 FOAM R- E. JS Monuloit~nd o~d !or ~ola ~r TM H. b W. 6. Dr~.+ Coepanr
10 COVOtATIQN FROM INDIVIOUAL loctwnvfll~, flortdo
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1:..~~~•ur~~~l ~I~~~ G day oJ January A. D. i9 b6 6y t{,
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JLM B. DIAMOND and DOROTHY L. DIAMOND, His ~~ife
her~inn)t~~r rn~~ecl t~~~ mprtc~ac~or, lo THE INDIAN RIVLR CITRUS BANK
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n corporation existin~~ wuler t'ie ~nws oJ t~ie State oJ Florida , wit~i its permanent postof~ic'2 ;
! ndd~~ss at Vero Beach, Florida ~ ~
~~~reinajter cn~~i~t~ t~~~ mort{~ac~ee: ~
(N'here~er uud her~in the terms "mortgagor" and "mor~gagee" includr all the parties to this instreiment and the hein, `
IeKal repreuntati~es and auiyns o( indicidual~, and the succeuur; and assiqns ot corpora~ions; and the term "note"
includ~s ail the notcs Lerrin dexribed i( more than one.)
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~iJ«IlLJJ6~0~~ ifint f or f~ooci CI?lii 1~Cilunble ('i)tlSt(~C'tA~tOt15, ii:i~ C2~30 tii consic~eration O~ ~(t8 Q~JglC+-
c~afe sum n~me~cl in I~i~ promissory nole o~ euen c~nte I?erett~ifl~, hereena~ter c~escribec~, fhe mortgagor here-
by t~rnnts, barc~ains, sells, aliens, remises, conveys and con(irnis unto tlie mortDapee all t{ie certain Innd
~ ~f „~{~~r1~ t6n morh~naot is rioin sei~~~d :1nu i?i nossession siluate i?i St. Lucie Coitnty.
1'[oricla. uiz:
PARCEL N0. 1: Begin at the Southweat corner of Lot 1 of Carl.ean's Subdivision
as per p at t ereof recorcied in Plat Book 3, Page 24, Public Records of St. Lucie
County, Florida, thence run Easterly along the South line of said Lot 1 a di~t~nce
of 1026.1 ft. to the West right-of-way line of U.S. Highway ~1; thence run
Northwesterly along said Weat right-of-way line a distance of 200 ft.; thence
run Westerly on a line parallel to the Sou[h line of said Lot 1 to the West line
of said Lot 1; thence run Southerly along the West line of said Lot 1 to the
point of beginning. BXCEPTING therefrom all easements for public roads and
telephone and telegraph lines.
PARCEL N0. 2: Tha[ part of Lot 2 of Carlean's Subdivision, according to Plat
Book 3, Page 24, St. Lucie County ~ecords, lying West of U.S. Nighway #1, except
the South SO feet thereof. Same being in Section 21, Township 34 South,
Range 40 East:
L PARCEL N0. 3: All of the South SO feet of Lot 2 and all of Lot 3, of ~arlsan's ~ ~
s~zbdLvision, according to Plat Book 3, Page 24, St. Lucie County Records, lying
i West of Ridgehaven Road, excepting therefrom the East 150 feet. All lying and ~ ~
being in Section 21, Townshig 34 Soueh, Range 40 East,
~ ALSO: All inventory of salvage of DIXIE AUTO BODY, including uaed parts, motors,
; other acce~sories and equipment located on the above described propexty.
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` ALSO: 1 used 1g64 Ford Truck, Model #N602, Serial #N60CU490~+3b
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s The Mortgagors warrant wiC1i~Y~}e ~qt~gagee that in the event that at the beginning q
~ of or at any time pending any suit'upon this anortgage, or to foreclose it, or to ~
refor~~it, and/or to enforce payment of any claims hereunder, said Mortgagee shall
apply to the coure having jurisdiction thereof for the appointmclt of a Receiver,
~ such court shall forthWith appoint a Receiver of said mortgaged property ell and
singular, including all and singular the rPnts, income, pro~its, issuea and
revenues from what~ver source derived, each and every of which, it being expressly
understood, is hereby onortgaged as i~ specifically set forth and desertbed in the
granting and habendum clauses hereof, and such Receiver shall hav~ all the broad
and effective functions and powers in anywise entrusted by a court to a Receiver,
and such appointment shall be made by such court as an adm~tted equity and a
matter of absolute right to aaid Mortgagee, and without reference to the adequacy
or inadequacy of the value of the property mortgaged or to the eolvency or in-
solvency of said Mortgagor and/or of the dafendants, and that such rents, profits,
income, issues and revenues ahall 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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