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HomeMy WebLinkAbout2826 f 12. The Mortgagor has under the other provisions of this Mortgage and does hereby assign to the Mortgagee the rents of the Property. provided that the Mortgagor shall, nor to the acceleration of the mortgage indebtedness as elsewhere herein provtded or the abandonment of the Property, have the nght to co(~ and retain such rents as they become due and payable. Upon atxekratton under the other provisions hereof or the abandonment of the PjQpt~t~ jbs Iytortgagee shall be entitled to take possession of and manage the Property and to collect the rents of the Property including those pasCdue. All tents collected shall be applied first to the payment of the costs of management of the Property and collection of the rents including but not limited to attoroey's and real estate broker's fees and then to the sum secured by this Mortgage. The Mortgagee shall be liable to account only for those rents actually received. 13. In the event suit is instituted to foreclose this mortgage the Mortgagee shall be entitled at any time pending such foreclosure to apply to the court having jurisdiction thereof for the appointment of a receiver of the property and all of the rents, incomes, profits, issues and revenues thereof from whatever source derived and the court shall forthwith appoint such receiver with the usual duties and powers of receivers in like cases and said appointment shall be made as a matter of strict right to the Mortgagee and without reference to the adequacy of the value of the Property or the solvenry of the Mortgagor or any other party to such suit. The Mortgagor hereby waives the right to object to the appintmcnt of a receiver and consents that tsuch appointment shall be made as an admitted egtuty and as a matter of absolute right to the Mortgagee. 14. The abatrac!(s) of tick covering the Property shall at cell times during the term of this mortgage remain in possession of the Mortgagee and in the event of foreclosure or other transfer of title to the Property. all right. tick and interest of the Mortgagor to and to the abstract(s) shall pass to the purchaser or grantee. 1 S. ]f any installment of principal and interest is not paid to the Mortgagee within fdteea (I S) days after the same becomes due and payable or if each and every of the Mortgagor's promises and covenants set forth in this mortgage and/or the Note are not fully and promptly performed. complied with sad abided by. the enure sum of principal and interest secured by this mortgage shall at the option of the Mortgagee become due and payabk in full at once as tf originally stipulated to be so paid at such time notwithstanding anything in this mortgage or Note to the contrary. 16. If the ownership of the Property or any part thereof becomes vested in a person other than the Mortgagor, the Mortgagee may, without notice to the Mortgagor, deal with such sutxxssot(a) in interest with reference to this mortgage and the Note in the same manner as with the Mortgagor, without to any way discharging the Mortgagor s liability hereunder or upon any debt hereby secured. No sale of the Property and no forbearance on the part of the Mortgagee or extension for the payment of the debt hereby secured shall operate to release, discharge, modify, change or affect the ongtnal liability of the Mortgagor either in whok or in part. 17. The terms "Mortgagor' and "Mortgagee" wherever used in this instrument shall include the heirs, personal representatives, successors and assigns of the respective parties; the singular number shall include the plural, the plural shall include the singular and the use of any gender shall include all genders. • 18. Name(s) of Mortgagor(s): PATRICIA M. BRYANT, an unmarried woman 19. County in Florida wherein Property is situate and description thereof: $t ~ Lucie Lot 33, in Block 6, of TUCKER TERRACE SUBDIVISION, according to the Plat thereof recorded in Plat Book 4, at Page 54, of the Public Records of St. Lucie County, Florida. 20. Rank or priority of this mortgage: ~ First Mortgage ~i ment'01T~ 21. Original amount of Note: S i~_ in PsY mtanyible Pereor?el PrtrVe~Y m $4,225.00 Reoe'tved Maturity of Note: Due On Class u 71. ~ Of 1~1. July 15 , 1984 Nitrtsuartt To C ROGER POi~~ 22. Date Mortgage and Note executed: ~ gyp„ ~ CiM1t Clre~ October 10, 1979 i Witn ~ (SEAL) i t ~ (SEAL) s i STATE OF FLORIDA ) . COUNTY OF $t. Lucie Before me personally appeared the individual(s) above described as the Mortgagor who executed the foregoing Mortgage, well known to me, s and who acknowledged before me that he (she, they) executed the same for the purposes therein expressed. IN WITNESS WHIrREO)=_I,have set my hand and official seal in said County and State the date upon which the mortgage was executed. ,a,•u;~.. ~ aQ~. ~ ~ ,.l ~ : - ~o Notary Public, State of ~~;9 C.T 22 3. .a : . My commission expires: ~ • ~ .,i~ ~ _ _ ti;. x FtLEO A\'' tic L~..;. ~ - - •1 a ST.LZCtf C~UV('f.fl„ G' C~ ~,'t, June 30, 1983 ROGER POITR„s ~ ~ uEeK g STATE OF FLORIDA ) _ COUNTY OF l Before me personally appeared ' ) President and Secretary s respectively of a corporation, who acknowledged before me that they, as officers of said corportation, exceutcd the above Mortgage, affixed the corporate seal, and that the same is the act and deed of said corporation. IN WITNESS WHEREOF I have set my hand and official seal in said County and State the dau upon which the mortgage was executed. ~ ~r Notary Public. State of Florida My commission~eapires: t1~3~~ ~ 2820 Bt1~/ P~UE