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sums advanced by mortgaqees which are parties to this
• actio~ shall be credited as a cost in favor of said party
in this action. Said Receiver is authorfzed to emplay
such age~ts as may be reasonably r?ecessary to carry out
' the duties oF ~his receivership and said Receiver or his
agents shall be entitled to immediately enter upon ~he
prop.erty which is the subject matter of this foreclosure
action, Receive and take possession of all of said
property and the said rents, income, ~nd profits, and
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should there be more than sufficient incdme during this
receivership for the Receiver to make~=` the necessary
improvements and obtain insurance coverage, then the
Receiver shall apply the remaining fands toward the
protection and preservation of the property including, but
not necessarily limited to, the payment of taxes and
• mortgage payments to the first mortgagee in order to avoid
foreclosure of the first mortgage on the subject premises.
DONE AND ORDERED this ~ day of April, 1987 at
Fort Pierce, St. Gucie County, Florida.
RCUIT JUDGS
SCOTT M. KEN Y
~ CASE NO. 86-1822-CA-89
cc: John Edgar Sherrard, P. A.
Francisco and Maria Silva
3382 A South 7th Street
Fort Pierce, Florida 33450
William F. Donovan :
112 North Depot Avenue
Fort Pierce, Florida 3345(3
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