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12. The Mortgagor has under the other provisions of this Mortgage and does hereby assign to the Mortgagee the rents of the Property
provided that the Mortgagor shall, pprior to the soxkration of the mortgage indebtedae:s u elsewhere herein provided or the abaadonmeat o~
the Property, have the right to collect and retain such ren4 as they become due and payable. Upon aocekrattoa under the other provisions
hereof or the abandonment of the Property, the Mo :ball be entitled to take poaeaton O[ and manage the Property and to coUcet the
rears of the Property iacludiaagg those put due. AU ren4~ shall be applied first to the payment of the costs of management of the Property
and collection of the rears including but not 4mited to attorney's and real esta?c broker's [ees and then to the sum sauced by this Mortgage. The
Mortgagee shall be liable to account only for Wose rents actually received.
13. In the event:uit is instituted to foreclose this mortgage the Mortpgee shall be entitled at any time pending such toroclostrn to apply to~ ~
the court having jurisdiction thereof for the appointment eta receiver o[ the property and all of the rents, incomes. profits, issues and cevenua ~
thereof from whatever sows derived sad ttte court shall forthwith appant such receiver with the u:wl duties a_od wets of reoeiven is like
cases and:aid appointment stall be made as a matter of strict right to the Mortpgee sad wdthout r'e(erenoe to the a~uacy oaf the value o[the
Property or the solveary of the Mortgagor or any other party to such suit. The Mortgagor hereby waives the right to object to the a intmeat
of s receiver sad consents that such appointment shall be made as an admitted equity sad as a matter of absolute right to the Mortgages.
14. The abstract(s) of title covering the Property hall at all times during the term of thk mortgage remain is lion of the Mortgagee
and in the event of foreclosure or other transfer of utk to the Property, all right, Utk and interest of the Mortgagor to sad to the abstract(:):hall
pass to the purchaser or grants.
! S. If say iastallmeat of principal and interest is not paid to the Mortgage within fdtesn S) days after the same becomes due and payable
or if ach and every of the Mortgagor's promises sad eovenaat: set forthm this mortgage sad/or the Note are not fully sad promptly
performed. complied wiW and abided by, the satire snm of principal sad interest secured by this mortgage shall st the option of the Mortgagee
become due and payable in full at once s: d originally stipulated to be so paid at such time notwithstsnding anything in this mortgage or Note to
the contrary.
16. It the ownership of the Property or any part thereof baomes vested in a person other tttsn the Mortgagor. the Mortgage may. without
notice to the Mortgagor. deal with such successor(s) in interest with reference to this mortgage sad the Note to the same manner as with the
Mortgagor, without in say way discharging the Mortgagor's liability 6ereurder or upon any debt hereby secured. No sale of the Property sad no
forbearance on the part of the Mortgage or extension for the payment of the debt ltereby secured shall operate to release, discharge, modJy,
change or affect the ongtnal liability of the Mortgagor either to whole or in part.
17. The terms "Mortgagor" and "Mortgage" wherever used to iht: tnstrumeat shall include the t?etrs. personal representatives, successors
and assigns of the respective parties; the singular number shall include the plural. the plwsl shall include the singular and the use of say gender
shay include all genders. '
18. Name(s) of Mortgagor(s):
THOMAS REED GOLDEN, also known as T. REED GOLDEN and JOYCE G. GOLDEN,
his wife
19. County in Florida wherein Property is situate and description thereof: St . Lucie
Lot 4, in Block 9, SUNSET PARK, as per re-plat thereof recorded
in Plat Book 11, at Page 28, of the Public Records of St. Lucie
County, Florida.
3
~•Third Mortgag
m~rt~~~ 1980 NRR -3 P~ ~2~ 24
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21. Original amount of Note: FIlEO ?KC FECOf::d C
$1, 5 50.00 ST. LUCIE CQL'NTY• Ft. A. ,
ROGER POITRAS ~ _
Matwity of Notc: CLE1:K CI .C~JtT CO..P f
March 15, 1983
22. Date Mortgage and Note executed: i;iy.^:.~1 Vf *!F'. F - I !
February 23, 1980 4rp `$sO
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WitDtifes: #
(SEAL)
T OMAS RE D GOL , Mortgagor
(SEAL) .
STATE OF FL 1DA ) • (SEA.L)
couNTY oFSt . Lucie JOY ~ GOLDEN, Mortgagor
Before me per:oaally appeared the individual(s) above described ss the Mortgagor who executed the foregoing Mortgage, well known to me.
std who acknowledged before me that be (she. they) executed the same for the proposes therein expressed. IN WITNESS, WHEREOF 1 have
set my hand and official seal io said County sad State the date upon which the mortgage was exaaited. ~ 3 : i .
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My commissiea+expires: - •
June 30, 1983 BOOK~~?U PAGE~~ `T''~