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HomeMy WebLinkAbout2913 ~ ~ Our File 5-,51, 329-1 12 The Mort~or has utdeF'C~ti opi~lr pMVisioas of this Mortpge aced does hereby assign to the Moctgaga the tenu of the Property, provided that the Mortpsor shall. pprior to the aooekatioa of the mortp8e iadabtodaess u eisewbere herein provided or the abaadoameat of the Property. have the right to collect and retain such reau a: they become due and payable. Upon aooekratioa wader the other pwvisiom hereof or the abardoament of the Property, the Mortgagee shall be entitled to take possesaoa of aced maaase the Property aced to collect the renu of the Property iacludina~g those pest due. AU reau collected shall be apptiod Wet to the payment oI the costs of taaaagemeat of the Property and wUectioa of the reau including but not limited to attortte~:lac real afate broker's fees and then to tae sum secured by this MortBa~e. The Mortgagee shall be liable to account only for those r~u actually received. 13. la the event suit is instituted to foreclae this mortgage the Mort~~ee shall be entitled at nay time.peadiag such Ioreclosnre to apply to the court having juri:dietioa thereof for the appointment d' a receiver of the propettY and cep of the rents. incomes. profits, iaues and reveauea thercof from whatever source derived cad the court shall forthwith a t such receiver with the usual duties cad powers of receivers in like uses cad said appoiatmeat shall be made a. a matter of strict ri jbt to the Mort~~ee and without refeceaoe to the adequacy o[ the value o[ tba Property or the solveary of the Mortgagor or nay other party to:uch suit. The INort,~or hereby waives the ritht to o ~ o ~ ppotntmeat of a reoaver cad coasenu that such appoiatmeat shall be made as so admitted equity cad a: a matter of a hrte rtgagea 14. The abstract(s) of title covering the Property shall st all times during the term of this mortpge remain is possgsion of the Mortgagee and is the event of foreclosure or other trander of title to the Property, all tight, qtk cad interest of the Mortgagor m cad to the abstract(s) shall pas: to the purchaser or grantee. - . 13. If nay installment of principal cad interest is not paid to the Mort~a~ee within fifteen ~ days after the same becomes due cad payable or J each and every of the Mn~p~or9 promises and ooveaanu set forth~n this mort~~e cad/or the Note an not fully cad promptly performed, complied with cad abided by. the entire snm of principd cad interest securod by this ortp~c shall at the option of the MertZa~ee biome due and payable is full at once as rf oripnally stipulated to be so paid at snch time notwitlh~aaadioj anything is this mort,PBe or Note to the contrary. 16. I! the ownership of the Property or any part thereof becomes vested in a person other than the Mortgagor. the Mortpgee may, without notice to the Mortgagor, deal with such successor(s) in interest with refereaoe to this mortgage and the Note m the same manner as with the j Mortgagor, without is nay way discharging the Mortgagor's liability hereunder or upon nay debt hereby secured. No sale tithe Property cad no forbesranot oa the part of the Mortgsgoe or extension for the payment of the debt hereby secured shall operate to release, discharge. modify, change or aRect the ongrnal liability of the Mortgagor either in whole or is part. 17. The term: "Mort~ago>" cad "Mortgagee"wherever used in this imttument shag include the heir, personal tepreseabtives, sncoessors cad assigns of the resp~pve parties: the singular number shall indtrde the plural, the plural shall include the stagular cad the use of say gender shall include all genders. - - 18. Name(:) of Mortgagot(sr AGNES NAVARRO, 3oined by her husband PABLO LUZA NAVARRO 19. county is Florida wherein Property i; atuau and description tbereoi: S t . Lucie Lot 11, -and the South 5 feet of vacated alley ad3acent on North, in Block 2, of HILLCREST SUBDIVISION, according to the Plat thereof as recorded in Plat Book 4, at Page 41A, of the Public Records of St. Lucie 4 County, Florida. - - 20. Rank or priority of this mortgage: - First Mortgage. 21. Original amount of Note: $3,900..00 1 ~ ~ t1 . i Maturity of Note: ~ ~ ~ - December 15, 1986 22. Dau Mortgage sad Note executed: A, February 27, 1980 . ~ - f ~ - d 458 ~ Wi - ~ ~ (SEAL) PABLO LUZA NAVARRO, Mortgagor (SEAL) ~~.AM ' 7Lr~..t.~•~.an~o (SEAL) STATE OF FLORIDA AGNES NAVARRO, Mortgagor couNnr of St. Lucid Bdon me personally appeared the individual(s) above described as the Mortgagor who executed the faegoiag Mortgage, well known to me, cad who acknowledged btfore me that be (:>re, thry) executed the same for the purposes therein a:proved: Al ~ W HEREOF I Gave set my hand cad otficisl seal is said Conaty cad Sate tbs-date neon which the mortgage wss eseetlte~~'.~ -9b'~7 1'''.,, - - - , ~jj.~ a . z:. ~.f-~~ . My oommituoa 1ratPir'a: ~ ~C;`~~` June 30 19$3 t~t~~.U ~ ~ s '