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HomeMy WebLinkAbout1364 12. The Mortpgor hu under the other provis;oas of this Mortgage sad does hereby assign to the. M,artq~agpe the reau of the Property _ f, provided that the Mortgagor :hap, riot to the aotxktatioa of the mortgage iadebtedness u elsewhere herein provided of the abaadotutteat o4f` the Property. have elK r~h~tq ~ teuin such reau as they beoot~ due sad payable: _ awswwso~ aWba~rippaa • ` hereof or the absadonment ~'ZKe .the Mott~ihaU be eatitkd to take poasessioa~~ o the, rcau of the Property iaclyd~n~ those past due. AU reau oo shall be appliod first to the payment be sad oolkction oI the reau iadudiaj but sot timitod to attorney's sad real esute bwker't [ea sad then to the s ~fllortgage. The Mortpgee shall be liable to account only for those reau actually received. ~ ~ ~~~~;mt~ l3. In the event suit a ituitituted to foreclose this mortpge the Mort~s~ee shaA be entitled at say lion petding a forec7 un o app to the court having jurisdiction thereof for the appointmeat of a receiver ofehe property sad all of the recta, incomes. rlrofits. issues sad mv~ues thereof from whatever sotira derived sad the court :ball forthwith ap~oint sncb receiver with the uswl ditties sad wets opt receivers in like cases sad aid appoinurnnt shall be i„~.:c ~ ..:r::~ M^r* gee sad without reference to the at~wcy of the value of the Property or the solveary of the Mortgagor or say other party to such suit. The ~ortpgor hereby waives the ' t to object to the appaatmeat of a receiver and cotisenu that such appointiarnt :hall be made as an admitted equity sad as a matter of a right to the Mortgagee. i4. The abstract(:) of titb covering the Property shall at all times d the tens of this mortgage remain in possession of the Mortgages and la the event of fOteclostue or Other trander of title to the Property, alt ri. title std interest of the Mortgagor to sad to the abstract(s) shall pass to the purchaser or grantee. 1 S. U say iastalhnent of principal std interest is not paid to the Mottpgx within fiResa (1 S) days after the alas becotaes due sad payable or if each std every ~ the Mortgagors promises std eovetisnu set forthta this m~pge and/or the Note are not hilly and promptly performed, complied wiW sad abided by, tht: cairn stun o[ principal and interest secured Why 'a wortga shall at tha option of the Mortgagee bccotae due and payable in full at once es if originally tttipulatod to be so partial each tirnF aotwitlu~anything is this mortgage orNote to - the contrary. 16. U the owaer:liip of the Property or any part thereof becomes vested in a person other than the Mortgagor, the Mortgagee may. without notice tt! tM Mortgagor, deal with such srrotx:sor(s) in interest with reference to this mortgage and the Note is the :amt matitier as with the Mortgagor, without in any way diachargittg the Mortgagor's liability hereunder or ;ipon ao debt hereby:ecured. No sale of the Property and no forbearaitoe oa the part of the Mortgages or extension for the payment of the debt hereby secured shall operate to release, dischrirge, modify. change or affect the original liability of the Mortgagor either in whole or in part. 17. The terms "Mortgagor" std "Mortgaged' wherever used is this instrument shall include the heirs, personal rcpteseatatives, suocessots and assigns of the ~eapective parties; the singular number shall include the plurals the plural shall include the singular and the use of any gender shall include all getdera. - 18. Name(s) of Mortgagor(s): - - ' - -t- ~-t ESTELLE STEVENS, an unmarried woman - 19. County is Florida wherein Property is situate and description thereof: - ST. LUCIE COUNTY _Lot_ _16_,_in Block_4_, _of _ SOUTHERN PINES _SUBpIVISION, a_s_ _per _ _ Plat thereof as recorded in Plat Book 9, at Page 68, of the public records of St. Lucie County, Florida.. 20. Rank or priority of this mortgage: THIS IS A SECOND MORTGAGE - - 21. Orig'ina! atnc+ttat of Note: r., _ _ $6,275.00 STATE ~~F FLORICiA: ~ o DOCUMENTARY STAMP T!',?: Maturity of Note: ~ MAY 15 1985 `sue DEPT. of REVEYUE 22 Date Mortgage and Note executed: KQ - = Pe, = SEP 7s ; --~`4~:. 0 9. 4 5 1 SEPTEMBER 1, 1979 - - "'~'z F - ! - ~ - _ - _ - - wit E ~ - (SEAL) (SEAL) STATE OF FLORIDA ) , couNTV of ST . LUCIE)~ Before me personally appeared the individual(:) above described as the Mortgagor who executed the foregoing Mortgage, well known to tae, sad who acknowledged before tes that he (she. they) executed the saint for the purposes therein expressed. IN WITNESS WHEREOF I have set my hand and official :cal in said County and Sate the date upon which the mortgage was executed. } 'a 19T9 S~? 13 Phi f2= 2S N snit of ~ ~ --t;~•==_ ~ `1~- Mycommission expira: Fit. A1tU t?~ECORUEU - • ~ ~ - R POIYRAS i; June 30 1983 : ' • - ' spy cl~ctm c . ~ ' a Bft0A8'atEWftEO STATE OF FLORIDA ) _ i~~ couNTY of 451863'7 Before me personally appeared President and ~~ry respectively of a corporation, who acknowledged before ine that they, as officers of said corportatioo, executed the above Mortgage, affixed the corporate seal, and that the same ti the act sad deed of aid corporation. IN WITNESS W HEREOF I have set myraand std offital seal in said County and State the date ' upon which the mortgage was executed. Notary t~ublic. State of Florida My commission expira: