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12. The Mortgagor hu under the other provisions of this Mortgage and does hereby sssign to the Mortgages the rcnu of the Property, i
provided that the Mortgagor:haU. pprior to the soakratioa of the mortpge indebtedneu u elsearhere herein provwed or the abandonment of
the Property, have the right to collect and retain such rcnu as they become due and payable. Upon aeoekrapoa under the other provisions
hereof or the abandonment of the Property, the Mo>tpreeibaU be entitled to take pos~suon of and manage the Property and to collect the
rcnu of the Property includins those past due. All rcnu collect shaA be applied first to the payment of the costs of management of the Property
and COllectlon of tilt; Raft including but not limited to sttorney's and real estate broker's fees and than to the sum secured by this Mortgage. The
Mortgagee shall be liable to account only for these rcnu actually received.
13. In the CVent fait is instituted t0 fOr'eClOae this mortgage the Mortpgee shall be entitled at any time pending:uCh foreclosure to apply to
the court having jurisdiction thereof !or the appointment of a receiver of the property and all or the rents, incomes, profiu, issues and revenue:
thereof from whatever :o»ra derived and the court :hall forthwith sp t such receiver with the usual duties and pp Hers of ceoeivers in like
cases and said appointment shall be made as s matter of strict right to ortggee~~~eeee and without teferenoe to the atfeoqusry of the value of the 't
Property or the solvenry of the Mortgagor or any other party to suchsuit. The Mortgagor hereby waives the r~' t to object to the s iatment i
of s raxlver and coseau that such appointment :hall be made as as admitted equity and as s matter of absoluu right to the Mortgagee.
11. The abstract(:) of title covering the Property shall st all times d for term of this mortgage remain in Possession of the Mortgagee i
and in the event of foreclosure or other transfer of title to the Property. ell n' t, title and interest of the Mortgagor m and to the abatrad(s) shall
past to the purchaser or grantee.
1 S. If any installment of principal and interest is not paid to the Mortgages within Gftoen (1 S) days after the same becomes due and payable
or if each and every of the Mortpgois promises and covenanu set forthm this mortpge and/or the Note are cot fully and promptly
performed. complied with and sbided by, tht; entire sum of prinapal and interest secured by this mo shall at tht: option of the Mortgagee
become due and payable in full st once u Joriginslly stipulated to be so paid at:uch time notwitlat~ ing anything in thu mortgage or Note to
the contrary.
16. U the ownership of the Property or any pact thereof becomes vested is a person other than the Mortgagor, the Mortgagee may. without
notice to the Mortgagor, dal with such :utjoesRtor(s) in interest with reference to this wort~e sad the Note to the ::me manner ss with the #
Mortgagor, without ui any way discharging the Mortgagor's liability hereunder or upon say debt hereby secured. No sale of the Property and ao
forbaranee on the part of the Mortgagee or eatenaton for the payment of the debt hereby secured shall operate to release, discharge, modJy,
change or affect the original liability of the Mortgagor either in whole or in part.
l7. The terms "Mort4ago~' and "Mortgagee" wherever used in this instrument shall include the heirs, personal representatives, aucoason
and astigrw of the re: ve parties; the angular number shall include the plural, the plural :ball include the:ingular and the use of any gender
shall include all genders.
't
1g. Name(s) of Mortgagor(:): f
PATRICIA WILLIAMS, an unmarried woman
19. County in Florida wherein Property is sitwte and description thereof: $ t . Lucie
The Westerly 150 feet of Lot 10 and the Westerly 150 feet of the South
half of Lot 9, of PALM VISTA PARK, as per Plat thereof recorded in Plat
Book 7, at Page 29, of the Public Records of St. Lucie County, Florida
20. Rank or priority of this mortgage:
Second Mortgage
21. Original amount of Note:
$4,075.00-
June tx15 N~1984
X979 aE~ 28 ~ 4 6
22. Date Mortgage and Note executed:
~ December 15, 1979 F e R R ~
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~i~.t %[d- %~"Y ~~1KL ~ (SEAL) )
PATRICIA WILLIAMS, Mortgagor
(SEAL)
t
STATE OF FLORIDA )u: ~
' COUNTY OF $t. Lucie) "
. ,
Before me personally apparel the individual(:) above described as the Mortgagor w64p:ed~tlllefQseSQiag,Moctgsge, well known to me,
and Mho scknowkdged before me that he (she, they) executed the same for the p ja'~s~.ii~f , S WHEREOF I Gave
set my hand and ollicial :cal in said County and State the date upon which tht~
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