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Home My WebLink About2054 ? ~ . . 3'he A~lo~tpgor bu under the other provisions of tl>u Mortpge sad don Ixreby assign to the Mortpgee the real: of the Property, provided t4ie Mortga jot shall. pprior to the aooekratioa of the mortgage iadebtedaess u elsewhere herein provided or the abandoameat of the P'ro hdvsthe right to oolloct and retain such react u they become due and payabb. Upon aotxkrauon under the other provisions hereof or the abaadt•af Property, the Mo shall be entitled to take pos:es:ioa of and manage the Property:nd to collect the rents ottee Pro ~~ytt i~~cc~uii"aagg~ t~iae put due. All reats~:hall be applied tint to the payment of the co:b of management of the Property and collection~iflhA?o`ladu/dtg but not Waited to attorney': and real estate broker's fees and then to the sum secured by thu Mortgage. The Mortgagee shall be liable to aooount Duly for thole rent: actually reorived. 13. la the event suit k instituted to foreclose thu mortgage the Mortgagoe:haU be entitled at any time peadingsuch foreclosure to apply to the court having jurisdiction thereof for the appointment of a receiver of the property and all of the rants, incomes. DrofiU. issues and revenues thereof from whatever source derived and the court shaA forthwith appoint such receiver with the usual duties and wen of reoeiven in like aces and said appointment shaA be made u a matter of strict right to the Mort~~ee and wiWout reference to the arJ~ gusty oitbe value ottee Property or the solvency of the Mortgagor or any other pariy to such:uit. The Mortgagor hereby waives the cigltt to ob~oct to the appintment of a rea~ver and consents that such appointment shall be made u an admitted equity and u a matter of absolute rrght to the Mortgagee. 14. The abstract(s) of title ooveriag the Property hall at all times during the term of this mortgage remain in poaeaion of the Mortgagee and in ibe event of foreclosutt or other transfer of title to the Property, aD nght, title and interest of the Mortgagor m and to the abstract(s) shall peas to the purchaser or grantee. t S. U any installment at principal and interest is not paid to the Mortgagee within fifteen (1 S) days afar the same becomes due and payable or it each and every of the Mortgagor: romises and covenants set forthia this mortgage and/or the Note are not fully and promptly performed, wmplied with and abided by, the entire sum of principal and intereest secured by this wrt~ge shall at the option of the Mortgagee become due and payable in full at once u if originally stipulated to be w paid atsuch time notwith:ataadtn' g anything iu thu mortgage or Note to the contrary. 16. If the ownership of the Property or nay part thereof becomes vested in a person other than the Mortgagor, the Mortgagee may, without notice to the Mortgagor, deal with such suoozssor(:) in interest wiW refercna to this mortgage and the Note m the same manner u with the Mortgagor, without is nay way discharging the Mortgagor s liability hercurder or upon nay debt hereby secured. No sale of the Property and ao forbearance oa 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 ongraal IiabiGty of the Mortgagor either m whole or in part. 17. The terms "Mortgagor" sad "Mortgagee" wherever used in this instrument shall include the heirs, personal rcpreseaatives, auoeessors sad 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 geaden. I8. Name(s) of Mortgagor(s): CHESTER R. MACY and IAUISE N. MACY, his wife 19. County in Florida wherein Property is situate and description thereof: S t . Luc ie -Part o f the North 1 / 2 of Lot 244, WHITE CITY, according to the Plat thereof as recorded in Plat Book 1, at Page 23, of the Fublic Records of St. Lucie County, Florida; more particularly described as follows: Beginning at the Northwest corner of Lot 244, run Southerly 331.5 feet to the South line of the North 1/2 of Lot 244;* 20. Rank or priority of this mortgage: Second Mortgage. 21. Original amount of Note: $4,275.00 li Maturity of Note: September 15, 1984 22. Date Mortgage and Note executed: ~ December 1; 1979 *thence run Easterly 275 feet to the Point of Beginning, thence run Northerly 146.4 feet, thence run Easterly 75 feet, thence run Southerly 146.4 feet, thence run Westerly 75 feet to the Point of Beginning. _ ~~LEO AN' :.~..:~Eo . LUCRE ~ `"1 FLA. ROSS ~ n, CLEF.:.:';, ~ _ :CUR DEC S 3 3~ PM'?9 415 witn (SEAL) W ~ (SEAL) "s l STATE OF FLORIDA ) couNTY of S t . Lucie - - ~ Before me personally appeared the individual(s) above described u the Mortgagor who executed the [oregoing Motf~je't,'WeD~taown to me, and who acknowledged before me that he (she, they) executed the same for the purposes therein expnesacd. R~(,.~y1~'~F~6r~` F have set my hand sad official seal in said County sad State the date upon which the mortgage wu executed.` ~ F~ < , , , , -i N ~ ~ Diary Pablie~ , My commigiogexpircs:' - A nui?u