HomeMy WebLinkAbout0269 12. The Mortgagor has undo the other provisions of Chia Mortgage and does heteby sssign to the Mortgagee the real: of the Property,
provided that the Mortgagor shall. prior to the aceekrstioa of the mortgage indebtedness as ehxwhete herein provtded or the abaadoameat of
the Property, have the nght to colka sad retain auc6 rents ss they become due and payable. Upon aotxkrattoa under the other provision:
hereof or the abandonment of the Property. the Mortgagee shall be entitled to take posseuton of aisd tstattage the Property sad to collect the
rents of the Property including those past due. AU rent: collected shall be applied first to the payaxat of the costs oI management of the Property
and collection of the rents including but not limited to attotney'a and real estate broker's fees sad then to the sum aecttted by this Mortgage. The
Mortgagee shall be liable to account only for those Hats actually received.
13. In the event suit is instituted to foreclose this mortgage the Mortgagee shall be entitled at any time pending attch foreclosure to apply to
the court having jurisdiction thereof for the appointment of a retxiver ofthe property and all of the rents, incomes, Diofita. isattes and revenues
thereof from whatever source derived and the court :hall forthwith appoint such recsiver with the usual duties std powers of eeoavers in like
cases and said appointment shall be made ss a matter of strict right to the Mortgagee and without teferenoe to the adequacy of the value of the
Property or the aolvettcy of the Mortgagor or any other party to such suit. The 11M~ortgagor hereby waives the right to object to the a pintment
of a reoetver std consent: that such appointment shall be made ss an admitted equity std as a outlet of absolute right to the Mottgag~ee.
!4. The abstract(s) of title covering the Property shall at all times during the term of this mortgage retrain in won of the Mortgagee
and in the event of foreclosure or other transfer of utk to the Property, all right, title and interest of the Mortgagor m sad to the abstract(:) shall
pass to the purchaser or grantee.
1 S. If any ittstaUmeat c+t principal and interest is not paid to the Mortg~goe within fiftocn (1 S) day: after the same becotres due and payable
or if each and every of the Mortgagors protnisea and covenants set forth in thin mortgage sad/or the Note an not fully and promptly
performed, complied with sad abided by, the entire sum of principal and intetest toecured by this mortrtggatge shall at the option of the Mortgagee
become due and payable in full at once as J originaUy:<ipulated to be so paid at such time notwithataading anything in this mortgage or Note to
the contrary. ~ .
16. It the ownership of the Property or any part thereof becomes vested is a person other than the Mortgagor, the Mortgagee may, without
notice to the Mortgagor, deal with such sttoxssot(s) in interest with reference to this mortgage and the Note to the same manner sa with the '
Mortgagor, without in any way discharging the Mortgagor
s liability hereunder or upon say debt hereby secuted. No ask of the Property and no
forbearance on the part of the Mortgagee or exteastoa for the payment of the debt hereby secured shall operate to release, discharge. modify,
change or affect the ongtnal liability of the Mortgagor either to whole or in part.
17. The terms "Mortgagor' and "Mortgagee" wherever used in this instrument shall include the heirs, personal representatives, suoxssors
and assigns of the tYSpecttve parties; the singular number shall include the plural, the plural shall include the singular and the use of say gender
shall include aU genders. i. _..T_ .r ; _ _ ~ _ ; ` ,
5 ti:~ ~
lg. Natnc(a) of Mortgagor(s): : - , ~ • T ~
NANCY F . BIGGLES , an unmarried woman . - ` : _ _ _ .
19. County in Florida wherein Property is situate and description thereof: $ t ~ Lucie
Lot 45, less the East 5 feet and the East 4 feet of Lot. 44,
s~ T1 1_ V L 1LA Tf Af1TT T A 7TQTA~fT. C+ «.~S..w t~ a-1+.. D'I nt Mt~~~+w~F
1.(1 D1iii.:K lam, V1 1'1L"fCiL'aY 1L1.sa i.. a,i llflLJ, ~~..Cisi a:t[i~ i.is ~.aic +ia a, a.?ii.~irVi
as recorded in Plat Book 8, at Page 77, of the Public Records
of St. Lucie County, Florida
' 20. Rank or priority of this mortgage:
Second Mortgage
21. Hal amoral of Notc:
~~+,050.00
Maturity of Note:
November 15, 1985 t
22. Date Mortgage and Note executed: , ; 5 ~ ~ ~ 3 1 J
November 21, 1979
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F S itLiG~ Pt'+~' ~ ~5_
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F Witnesses
Q~ - (SEAL)
~ _ (SEAL)
STATE OF FLORIDA ) .
" couNTV of St . Lucie -
~ -
Before me personally appeared the individual(s) above described as the Mortgagor who executed the [oregoirg Mortgage, well known to me,
and who acknowledged before me that he (she, they) executed the stteAe foe ilaepurpoa~s therrcin expressed. IN WITNESS WHEREOF I have
set my hand and official seal in said County std State the date ul~~wfl'iclAtlt~~ic~t~ige was executed.
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. ' ~ ' ' Notary Public, State
` My commission a=pines: , . a.~.~,;'~~.~. ~ .
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