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Home My WebLink About0863 ~ .j. r Our File 5-51289-7 + s . . 12. The Mort~or bas under the other proviaon of this Mortgage sad dos hereby assign to the Mortgagee the teats of the Property. provided that the Mort~or shall, prior to the socskratioa of the aart8a8e iadsbtedaas u ebewbere herein provided or the abaadoameat of the Property. have the right to co and retain such rents u they become due and payabb. Upon aocekratioa under the other provision ~ hereof or the abandoameat of the Property. the Mo a~e~ shall be entitled to take postesaoa Of and maaa8e the Property and to collect the Teats of the Property iacludinn~g those psst due. All reat:~~ collected :ball be applied lust to the payment of the cosu of auaapeakat of the Property sad cOlkCilon of the rents iactuding ,but not limited to ittoraey"s sad real estate broker's fees aced then to the sum seNrcd by this Mortgage. The Mortgagee :ball be liable to account only for those rents actually reoaved. 13. la the event suit a instituted to foreclose this mortgage the Mortp~ee sbW be entitled at say tiax pending such [oroclosure to apply to the court having jurisdiction thereof for the appoiatmeat eta receiver oftbe property sad all of the rent:, incomes. profits. issues sad refeaues thereof from whatever source derived sad the court shall forthwith appant such roosirer with the usual duties sad poveers of receivers in like cases sad said appoiatmeat shall be made u a matter of strict right to the Mort~s~ee sad without reference to the adequary of the value of the Property or the solveary of the Mortgagor or say other party to:ucb suit. The i~!irteasor hereby waives the n'~bt to object to the appantmeat of a reoaver and.coaseau that such appaatmatt shall be made u as admitted equity sad as a matter of absolute nght to the Martia8ee. 14. The abstract(:) of tick covering the Property shall at all times d the tens of this mortgage remain is possa:ioa of the Mortgagee sad in the event of foreclosure or other transfer of tick to the Property. aUd~t, tick sad interest of the Mortgagor m and to the abstract(s) :ball pass to the purchaser or grantee. . 1 S. If say iwtaumeat o[ principal sad interest is not paid to the Mo within fifteen (1 S) days after the same becomes due and payable or J each sad eve of the Mort~ot't promises and ooveatats set fo is tha rtp~e sad/or the Note are not sad pro performed, oompl' d with sad abided by. the entire sum of principal sad interest secured by tbisd~rtp~e:ball at the optio~the Mart~yssee become due and payable in full at oaoe u if originally stipulated to be so paid at such time sotwn ndia~ aaythiu= is this mortp~e or Note to the contrary. ' 16. U the ownership of the Property or say part thereof becomes voted in a person other than the Mortgagor, the Mortgagee may, without notice to the Mortgagor, deal with such successor(:) is interest with rckrcaoe to this mort~e sad the Note is the ::me maaaer a: with the Mortgagor. without is any way discharging the Mortgagor's liability hereunder or upon say debt hereby secured. No sale oI the Property sad no forbearance oa the part of the Mortgagee or extenaoa for the payment of the debt hereby secured shall operate to rekan, discharge, modify. change or affect the ongmal liability of the Mortgagor either is whole or in part. 17. The terms "Mortgagor" sad "Mortgagee" wherever used to this ia:tntaneat shall include the heirs, personal rcprcseautive:, saooessors and assigns of the rcspectrve parties; the angular number :ball include the plural, the plural shall include the angular sad the use of any gender shall include cell genders. 18. Name(s) of Mortgagor(:): BURNICE BARK , an unmarried woman 19. County in Florida wherein Property ~ atuatc sad description thereof: S t . Lucie The West 95 feet of Lots 2 and 3, Block 1, MARAVILLA PLAZA, a Subdivision as pre Plat thereof on file in Plat Book 5, at Page 44, of the Public Records of St. Lucie County, Florida; TOGETHER with that part of vacated alley lying adjacent to said Lots 2 and 3, being more particularly m. Rank or priority etch;. mortgage: described as follows : Begin at the Southwest Second Mortgage corner of said Lot 3, run East 95 feet; thence 2l. original a,aounc of Noce: run North 125 feet , thence run West 95 feet $14,725.00 to the Northwest corner of said Lot 3, thence MacuricyotNote: run South 125 feet to the point of beginning. January 15, 1986 22 Date Mortgage sad Note executed: February 23, 1980 . i9~A FED 27 !~i ~ 3 F11.ED ~lIC Rf CuKi1i U ST.lUC1E CDU:tiY.~l+.. ROGER POITR..S i Ci.ERK CInCUIT~v~~ t ~ ~ r_fr~~ ~.-p~r~t1__ - • 4'308 Witnesses: i~~'~ (SEAL) ' BURNICE BARK, Mortgagor (SEAL) STATE OF FLORIDA ) . couNnr of St . Luc ie)~' Before me personally appeared the individual(s) above described u the Mortgagor who executed the foregoing M ~E , . ~ •~40,'!~to me, sad who acknowledged before me that be (she. they) executed the same for the purposes tbercia expressed. IN ~ OF~4i~re set m hard and official seal in said Coua and Snte'tbe date which the wu executed. : ~ ~~~•.'f:~~'%'_ . Y tY ups mortgage ` a 7 My coa~txp~res: L ~ ti ~ , ~'~i~b% . June 30, 1983