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HomeMy WebLinkAbout2544 A ~ i 12. The Mortgagor ha under the other provisions of this Meutgye and dog hereby assign to the Mortgagee the renu~of the Property provided that the Mortgagor shall, pprior to the aoxktauon of the mortPee iadeMedness u eh~ewhen herein provided or the abardonmeat off' the Property, have the right to ewlkct and retain such reau as they become due and payable. Upon aeoderatioa under the other provisions hereof of the abaadonmen ~y , the M :hall be entitled to take poaeasioa of gad mat~ae the Property gad to oalka the renu of the Property inchddtbse~. AU renu~ shall be applied first to the payment erf the costs ed management of the Property . and collaxion of the renu ' udiag not limited to attorney's and real estate broker's [as and then to the sum secured by this Mortgage.The Mortgagee shall be Babb to sooouat only for those rents aexuaUy rooeived. ` 13. In the event suit is inaituted to for+cclose this mortgage the Mor~ee shall be entitled at any time pending such foreclosure to apply to the court having jurisdiction thereof for the appointment of a receiver oftbe prot~? and all-of the rents. incomes. profiu. issues and revenues thereof from whatever source derived gad the e:ontt shall forth~rlW appoi such receiver with the usual duties and aers erf receivers in like eases and said appointment hall be made u a matter ed strict right to the Mortpgx and without reference to the a~woy of the value of the Property or the sohraacy erf the Mortgagor or any other party to such sit. The I1dartg~gor hereby waives the ' t to ob~oct to the appointment of a reever gad ewaseau that such appointment be -made as sn admitted egwty and ss a matter of a right to the ortgagoa~ 14. The abstract(s) ed title covering the Property shall at all times d the term erf this mortgage remain in posaessioa of the Mortgagee and in the event edforeclosure en other transfer of title to the Property, all, title gad interest of the Mortgagor m and to the abstract(s) sht;ll pass to the. purchaser os grantee. - _ - . - 1 S. if gay i>ntalhntnt ed priadpal and interest is not paid to the M within fifteen S) days after the cease becomes due and payable or J Each and every of the M and oovewrtu set fin this ortgage and/or the Note are not fully and prom p~errfformed, complied wiW gad abided brystbE ~ sum of principal gad lnterat searredm by this mortgage:bal! u the option of the M bocome due and payable in fall at once a doriginaUy stipulated to be w paid at such time aotwitiatandigg anything in this mortgage or Mott: to- the contrary. - - - . 16, if the ownership of the Properrttyy or any part thereat becomes voted is a person other than the Mortgagor, the Mortgagee may, without notice to the Mortgt~gor, eiewl with such suooeswr(:) in interest with tafereooe to thk mortg~e and the Note in the amo manner as with the Mortgagor, withewt m any way discharging the Mortgagor's liability heretrndeK or upon any debt hereby secured. No sale of the Property and ao forbaerauoe on the part of the Mortgagee or extemtoa !or the payment of the debt hereby seestred shall operaEe to release, discharge, modify, change or affect the original liability of the Mortgagor either to whole or in part.. - 17. The terms "Mortgagor" and "Mortgagee" wherever used in this instrument shall include the heir=, personal representatives, successors and aasigas of the respoctrve parries; the singular number shall include the plural, the phtral shall include the singular and the use of any gender . shall induele all gerders• ~ S KAT E- a F F L O R~ D A! _ DOCUMENTARY STAMP ThX 1 - DEPT: OF REVENUE ' 4 , 18. Name(s) of Mortgagor(s): ~ - ~ . 4 Q 3. 3 ~ ~ P~ . OCT -3'l4 MARGARET ANNE GANT, an unmarried woman _,,,02 ~*-t.,.E - !9. Cozentyyt in florida wherein Property situate and elestxi on thereof: Lot Z5, in Block 499,- ol; PORT ST. LUCIE, SECTION TEN, according to the Plat thereof as recorded in Plat Book 12, -Pages 49, 49A through 49G, of the Public '•:Records of St. Lucie County, Florida. ZO = or f. hies mortgage• , - - - gae°con8r'R~P~'r`~glage - _ • 21. Original amount of Note: - ~ t r - $2, 150.00 = _ t, Maturity of Note: - January 15, 198 4 - R... ~ ~ 22. Date Mortgage and Note executed: • ~ ~ ------T~ ' - ~ September 26, 1979 i w' (SEAL) (SEAL) STATE OF FLORIDA . COUNTY OFSt. Lucie )es' Before me personally appeared the individual(s) above described as the Mortgagor who exexntod the: foregoing Mortgage, well known to qte, - and who acknowledged before me that he (she, they) exucutod the same for the purposes therein ezpressed. IN wTfNF.SS WHER~QI~,T'~at+ie- set my hand area otI'rcial seal in said County gad state the date neon which the mortgage was ezextrted. - - i/: 1979 OCt -4 A41 il= O I N Pobli~ snte~ac - - ,~r' My commission expires: : ~ , j ~ ~ . ~ June 30, 1983 SYtEI CAEEtICOtWTY FIA. +b~,`••..~' t gyp{ ~ f,, - -5.~~~'.~ RECORD ~'EP.tflEO_ 9;1~t~ - _ s~ ~,"',;~~u~, ~ Y. . STATE OF FLORIDA ) - ; ~ - Before me personally appearod 45.310 President and sesrretary respectively of a corporation, whop~cnetwlodgod before me that they, as otfleers of said e:orportation, executed the above Mortgage, atI"ixed the corporate seal, and that the same is the act and deed of said corporation. IN WITNESS WHEREOF I have set my hand and- erfltcial seal in said County and State the date upon which the mortgage was exexutcd. • - ~ Notary Public. State of Florida My commission expires: 800K~~7 PAGE2.~i~'!~.