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• Ots<r Fils, 5-51.130-3
12. The Mort~or bas under the other provisiaa of this Morys~e and does herby assijo to the Mort~a~se the read of the Property
provided that the Mortpsor a6a11, prwr to the aooekrstio~o of the mo~t8se iadebtednaM ae eyewhere Mceia provided or the abandonment o~
the Property, Gave the rr
jM to oolNct and retain cud rena ere thyr become dw ud pa~bM. Upon aooderatioa ruder tM other provision
heroof a the abandonment of tM Property, the M ppis~ee sha~ll be sskitbd a takt poeaaion dattd oanye the 1Mope~yaai a oo~eet the
nos of the Property those pa~due. Ag eeWaRoogetted shag beappWd &ettothe paymatto[the~a~ea[ ottht Property
sad oolkgioa of the r+aa' 6rt not limited a attorreytio•d iealeas/e bwicar"eieeeand theaatheet~ae«KUredblr this Matdap. The
Mortpjee shall be lLble to account ody for those ret~s actralb teosived. .
13. Ia the aveat suit a instituted to foreclose this mortPBe the M shall be eatitkd u nay time peadiaj snob fondoenre to apply a
the oorri havLtj jorlsdiotioa thaeo(for the appointmat Dies reodvsr ofthe property and all atthe reats. ~nooaees. oe~otTm. itwesaod nveauq
ehenaf from whalaver scarce derived and the oorrt shall fortherit6 appout such reodver with the uswl drties and oI reaiven lu like
axes and said appointment shall be ands ere a matter of Wiot rijht a the Mort~~ee and witho~rt rekresos to the a~ dtha valrs o[the
Property or the solvency of the Morya
joy a nay other party to arch suit.'tbe MirtMjor hereby waives the ' to object to the appoiatwe+tt
of a reoetva and ooaeesra that such appointmpst sb~all bs made as as admitmd egr<ty and as a antler a~ eislrt to tM Maysdee.
11. The abstraot(~) of this ooveria~ the Property shag at all lima the tern of this mortpje remain is possession of the Moryajee
and is the event d"loreoiowre or other tranderdtitktothe Propertr,aa' . titleaad intarata~tths Martpgorinssd totheabett~s)shag
pan to the p or jraatea. ~ . _
13. ff any i.suuaseap of psiacipal and interest is not paid to the M within fifteen (1~ days ai+ter the sane beoomea dye and payable
a d each srd.tvary o!F the M ~t~s prom~a and ooveaaaa set forthm this aad/a tM Note ace aiot frgy sad p[omptl~
pe:formed,oompliedwfth and abided by,theantiee am o[prisapal sad i~et eeaaed~ shag attheoptiondthe li[orya8ee
bbeeccoommeed~u~e sod payab_
k is full u coos as dorisiaally stipn4ted a be so pond at etch tiaae aaytbio8 is this ooryye err Note to
the oval-My. . ~ ~ ~
16. It the owaash~p Of the a any paR ther00f be0oma veatad is a person other than the Matja
joy, the Most*aj0e may, without
notice to the Mortpa
joy, deal vn~ wooasor(e) in interest with re[eteaoe a this mo~p~ sad the Note in the lama ssarer as with the
Mort
j~e
joy, without in any way discharjio
j the Mortp jolt liability hereunder or rpoa any des hereby sxrced. No sak atthe Property and no
forbearance on the part of tbe.Mort
ja
joe or eat~emioa fa the Qaymeat al the debt banby second shag opetste to rekass, disebarja, modify.
~ or affect tha onpaal bability of tha Mortjajor either m whole or in part.
17. The terms "M and "M rt~~ee"wherever need in this instrument shall indude the heirs. personal tepraeatativa, wooessors
and a~~ d the pnrtwr the
s'ma
tarn rumba ahaU indnde the phaal. the plural shall include the sinjrlar fad the uses of any
shaq 'adude erg
18. Name(s) of Mottjajor(sk
ROBERT L. IEDLOW and THERESA S. LEDLaW, his wife
19. Cooaty in Florida rrher+ein Property is situate and daaiption thereof: St. Lucie
Lot 25, in Block 52, of I1~IDIAN RIVER. ESTATBS, iJNIT #7,
according to the Plat thereof as recorded in Plat Book
10, at Page 75, of the Public Records of St. Lucie County,
Florida
20 Rank or priority ot1 this mortjajr:
Second Mortgage
21. Orijinal amount of Note:
$4,150.00
Matruity of Notr.
May 15, 1985
22. Date Mortjaje and Note executed:
January 26, 1980 ~ f
~e -s PN 2~ ss
F~EO ANp RECOROEO
k ST.LUCIE COtINTY.F`A.
f ROGER POITRAS
t;tERK CIRCUIT Ct)tM
4'~'S313
tsEAL)
ROBERT L. LEDLOW, Mortgagor
(sEAL)
STATE OF FLORIDA ~lsld.ri. ~ ~ _SEAL)
couxnroFSt. Lucie) THERESA S. LEDLOW, Mortgagor
Bdore me personalty appeared the individual(s) above described as the Mortp
joy who executed the torejoio
j Mat
jye. well r~ae,
and who admowkd
jed bdore ma that he (she. they) executed the ame for the purposes tbet~eia e:preseed. IN riItFNP~S .
3
.f r.
set my hard and official seal in said County and State the date upon which the matjae was executed.
r~;' t,
My sxp~:. ~ " • ~
8~~'S t~ x'25 . ; . ~
Jtme 30, 1983. '~'~,~-''',~~??„f,.,,,,,..,,
s