HomeMy WebLinkAbout2602 . ~
~ ~
I
12. The Mortp~or has under the other provisions of this Mortpse and dog hereby assign to the Mortgagee the rcau of the Property.
provided that the Mortpsor shall. pnot to the aooekratioa of the mortgage iadebtedaea as elsewhere herein provided or the abaadoameat of
the Property. have the right to collect gad retain such reau u flay become due gad payable. Upon aoakratioa under the other provisions
hereof or the abaadoameat of the Property, the Mort~sltaU be entitled to take poaasion of gad manage the Property gad to collect the ?
rcau of the Property iacludmmgg those put due. AU rcnu oo :ball be applied first to the payment of the costs of management otthe Property
gad coUectiOn Of lbe rcau iaduding but not limited to attorney's gad real estate broker':fees gad then to the sum secured by tbu Mortgage. The
Mortgagee :ball be liable to account only for those rcnu actually reodved.
13. lathe event suit u instituted to foreclose this mortpge the Mort~gee :ball be entitled at gay time peadiag such foreclosure to apply to 1
the court having jurisdidioa thereof [or the appointment of a receiver of the property and all of the rents. iaeomes. Drofts. issues gad revenues #
thereof from whatever source derived and the court shall forthwith appant:ncb receiver with the usual duties and power of receivers in like
case: and said appointment shall be made as a matter oI stria right to the Mortpgpe gad without r~eferenoe to the adequary of the value of the
Property or the wlveacy o[ the Mortgagor or gay other party to wchsuit. The 16Iortgagor hereby waives the~ht to ob~cd to the app nt
of a reowver gad eotuxau that such appointment :ball be made as an admitted equity and as a matter of absolute right to the Ir[ortmga~gee.
14. The abstract(s) of title covering the Property shall at all lima during the term o!'thu moKpge remain in possasioa of the Mortgagee
auu ~a iii cvcai ul' ~utcuwwc vi wuc~ uinuar iri uu~ w tna r~vpciiji, to r~ti uuc wu iui~iwi w we mvi~jtr~ w tau iv we ausira~its1 saw ~
pass to the purchaser or grantee.
1 S. U any installment of ptinapal gad interest is not paid to the Mortg~gx within fifteen (1 S) days after the same beooma due gad payable
or J each and every of the MortgagoPs romisa gad oovenmu set forthm this mottpge and/or the Nola an not fully and promptly ~
performed, complied with gad abided by. the entire:am ~ prinapal and lateral secured by this mortgage shall at the option of the Mortpgoe
become due and payable in full at once as Joriginally stipulated to be so paid at such time notwitbstandiog anything is this mortgage or Note to
the contrary.
16. U the ownership of the Property or any part thereof becomes vested in s person other than the Mortgagor, the Mortgagee may, without t
notice to the Mortgagor, deal with such :uoxs:or(:) in interest with reference to this mortgage and the Note to the same mange as with the
Mortgagor, without is gay way discharging the Mortgagor's liability hereunder or upon gay debt hereby secured. No sale of the Property gad ao
forbearance on the part of the Mortgagee or exteaaoa for the payment of the debt hereby secured:ball operate to release, discharge. modify,
change or affect the ortgutal liability of the Mortgagor either in whole or is part.
l7. The terms "Mortgagor" gad "Mortgages" wherever used in this irutrumeat shall include the heir. personal rcpreseatatives, suoce:wn
and saigns of the rcspecuve parties; the singular number shall include the plural,-the phual shall include the angular gad the use of any gender
shall include all genders.
's
18. Name(:) of Mortgagor(:):
ANNIE LEE JONES, an unmarried woman •
19. County in Florida wherein Property is situate and description thereof: S t . Luc f e
m Lot 12, Block 4, of SOUTI~ERN PINES SUBDIVISION, according to ~
the Plat thereof as recorded in Plat Sook 9, at Page 68, of f
the Public~Records of St.. Lucie County, Florida
20. Rank or priority of this mortgage:
Second Mortgage
2~ 1/25 =V0 t of Note:
~ Maturity of Note: ~T9 ~EC 28 ~ S
August 15, 1983
22. Date Mortgage and Note executed: FILEO Aj1C RECOkO? ~
ST.LUCItt COtItITTY flA.
December 12 1979 ROGER P017ft~?5_
I s CLERK CIRCUIT Cat~„~
R~tllto ~tEPIFIEO_._
~ , - 4~g52
Wit
.~e..
• (SEAL)
ANNIE LEE JONES, rtgagor ~
(SEAL)
STATE OF FLORIDA ) - _s
COUNTY OF St. Lucie)u'
~ ~.tiu~ui:ay.fj;~:..
Before me personally appeared the individual(s) above described ~llie~ly~~6ru!ho executed the foregoing Mortgage. well kaowm tome,
and who acknowledged before me that he (she, they) executed tbb tvrtfie-ptdpo~;tLerein expreaed. IN W17NESS WHEREOF 16ave
set my hand gad ofr~cial :cal is :aid County :red sate the dai~ upon wbicl~~e'a4~tdige was executed.
i
` -.frZ ~ i~Noary Pnblic, S of
My comnrjssiop spires: ~ ~ _ _ _