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HomeMy WebLinkAbout0723 _ . - _ - %z . • ~ ~ Our File 5-51.129-5 s'(- ~~aQ~ Ii The M bat under the otbtr provisions of shit Moryaje and doer hereby assija to the Mortjajee the teat; of the Property provided that the Ma~yaSor tball,_prior to the aooderatioa o[ the gnat jade iadeDtedow ere eltewMre berran provided or the abaadoameat o~ the lhoperty. have the ri jht to oouect and retaia tech rams st they beooaae dne aad papabM. Upon aooeNratba order tM other provbioae hereof or tbt abandoaraeet of the Property. the M thaU be entitled to take possation of aRaa~e tM Property ~d to,ooikct tht renb ofthe Property' 1b~those pa~tdne. A11 eantto 00 lectedshall beapp4ed fintto the paymerx~tbeeatsof of the Property sad oolkgioa a<the anti iadtid~ot bnt net limitsd to attaney'taad nalestatebroloer'tteaand tbeatothasume~~red tYb WorW~e.7'he Mortpapee thaU be tiabb to aooount oa4r !a those reNS setw>ty reotived. - 1 S. M the evaat suit b inrtitued to foraciose thb mots ja je the Mort~a~ee sba8 be antitlod u any time snch [orocbsure to apply to the oorat baviej jurisdictioa thereof tot the aooointsst:it of a reoeiwr ofthe N~overtlr and aM althe rtob. ~ ~ t~rofita. bwesand rMe~aua thereof from whatsver source derived and the court thsp torthwhh appoint such teaivar with the naval duties and d reotiMera is Blot cats and raid appointoteeu shW bt mods at a mattes of talcs rijhet to fie M and witlwnt refareaa to the Macy dthe rairsof the Property a the solvency of etie Morya jot ~ aay other party to snd~ suit.'ibeitt~~r hereby waives the to to the p~p~ of a reoerva and ooeseats thu such sppomtneeat shall be made at as admitted egnih? sad a a matter af~ to ths~hG ij ld. The abtrsce(s) o[ title ooverisj ebe Property shall u aA timer d the tens otthb mortjsye reasain in postessioa a[the Mortjajte and in theavas~t attoredaura a other tranderaf tide to the Property.atlr.title and iateratofthe Martjapormandtotheabstracl(t)thafi Pea to the purchaser oc jraatoe. IS. V say iastallmaAt of pal and interest b not paid to the Mortpjee within fdteea (1S)daysaftertheacmebeooestdueandpayabhz or i[ each snd every of the 1?la~tpj s pconwa sad eo~eoana tat forthut tbb moryt~e asd/ot the Note errs spat fi~Uy and_ proaeptly onned. oomptied wish and abided by. the entire sum of pnacipai sad i secured by thb thaU u the optiat a[the Mort jajee T due and payable in fup u oaa as donjinal~ratipnlued tobeto padusocktime anytKn jiu tW aartjajeocNo~ato the oootnry. 16~ If the ownerebip of the or say part thereof becomes vatted in ~ perwn otherthanthe I~at jajo~. the Macyaja may. without notice to the Mort j~or, deal ~ tnooasods) is imcreu wiW refareaoe to this rewrtp je and tya Note in the ssaee manner at with the Mortjrsjot,withoutinanywaydischujinjtbeMort~sjor'sliabilitybecaunderorupoaanyde herebysxured.NosabotthePropariyaodno lorbaranoe on the part o[ tbe.Moct jejee or axte~won for the Qaymeu o[ the debt hereby sewrod thaU operate to rdase, dbebarje, muddy. shoo je or affect the orijmal Wbiliq a[ the Mortp~jor either m whole o! is pert. . 17. The terms "Mort~ajor' and "Mortjajee` wherever need in fhb imtrun?eu shall indrde the heirs. pers~al rapresentativas, suooerdrors std sssijm of the parts, the srnjniar number shall include the phual,the plural shall include the sinjular and tba use of any jendu shall inchde aU f~~~~ la. Name(s) of Mortpjor(sr JIM CAIN, JR. and VIRGINIA CAIN, his wife l9. County in Fbrida wherein Property b situate and description thereof: St. Luci@ Lots 9 and 10, in Block 10, NARMONSf HEIGHTS, ADDITION #4, according to the Plat thereof as recorded in Plat Book 9, at Page 71, of the Public Records of St. Lucie County, Florida 20. Rank or priority of tbb aAOrtjaje: First Mortgage 21. Oripnal amount of Note: $19,075..00 Matnrby of Note: July 15, 1987 22. Data Mortjaje sad Nou e:ecnted: ~ January 26, 1980 1980 FEB -6 PK 2~ k8 Si1~~F A. ~ C p~plT RA~ 11LCtMA~~RRf~CO._. 4'75310 Witnesses: (SEAL) JIM CAIN, JR., Mortgagor (SEAL) STATE OF FLORIDA ) , (SEAL) covxrv of St. Lucie)"' VIR CAIN, Mortgagor . Before me personslly appearod the individual(s) above described as the Mortjsjor who egad the forejoinj Matjaje~wdt~ip;~p.to me, and who acknowkd jed before me that he (she. thry) exearted the same for the purposes thereb ezprassed. IN ~ ~1ave set my band and official seal in said County and State the date upon which the mortjaje wss e:eaeted. - _ r••.~,~t%~t~ , S -s Jwne 30, 1983 pR , 800K~~ P~ /~lJ