HomeMy WebLinkAbout1613 ~Our~File 5-51,417-4
12. The Mortgagor has under the other provisions o[ this Mortpge cad doe hereby assign to the Mortpgee the recta of the Property
provided that the ortpgor shall. prior to the aoakratioa o[ the mortpge iadebtedaess u ol:ewhere bet+ein provided o[ the abandonment o~
the Property, have the nght to collect and retain such reau u they booome due cad payabb. Upon aooekrsUOa under the other provisioaa
hereof or the abandonment of the Property, the MortZaga sltall~ ~itkd to take potsesuoa of cad nonage the Property cad to collect the
Hats of the Property iacludiaa those Asst due. All reau collected pplied first to the payment ottee toata of aa~ meat of the Property
and collection of the rents including but not limited to attorney': cad real estate broker's toes cad then to the sttm at~cured by thin Mortgage. Tb~e
Mortpga shall be liable to account only for those reab actually received.
13. In the event suit is instituted to foreclose thin mortgage the Mortp~ee:ball be entitled at say time pending such foreclaun to apply to
the court having jurisdiction thcreof for the appointment of a rea~ver of the property cad all of the recta. iacomea. profits. isauea cad r~e~renuq
thereof from whatever :Dora derived and the court shall forthwith ceppotat :uch rooeiver with the usual duties and wars of receivers in like
cases cad said appointment:hall be made ss a matter of strict right to the Mortpgee cad without r~etereaoe to the adbgwry of the value ottba
Property or the solvenry of the Mortpgor or say other party to aucb suit. The Ir!ortpgor hereby waive the right to object to the appointmeat
of a tecetver and consenu that such appointment shall be made as as admitted egwty cad a: s matter of absolute rtght to tbo Mortpgee.
14. The abstract(s) of title covering the Property shall at all times during the term of thu mortpge remain is pasaaioa of the Mortpgee
and in the event of foreclosure or other transfer ottttk to the Property. aA right, title and interest of the Mortpgor m cad to the abstract(s):ball
pass to the purchsser or grantee.
I S. If say installment ~f principal cad interest is not paid to the Mortgagee within fdtan S) days after the same becomes dne cad payable
or J ach and every of the Mortgagor's promises snd covenants set to to this mortpge and(or the Note are not titlly cad ppromptly
performed. complied with and abided by, the entire sum of principal and interest secured by this mortp~e ahsll at the option of the Mortpgee
become due and payable in full at once a: ~f origiaaUy stipulated to be so paid at such time aotwitltstaadiag anything is this mortgage or Note to
the contrary.
16. It the ownership of the Property or any part thereof booomes vested is a person other than the Mortpgor, the Mortpgee may. without
notice to the Mortgagor, deal with such successor(s) is interest with reference to this mortpge and the Note ra the name meaner as with the
M ortpgor, without m a ray way discharging the Mortpgor's liability hereunder or upon any debt hereby secured. No sale of the Property cad ao
forbearance on the part of the Mortpga or ezterwon for the payment of the debt bertby sauced shall operate to release, diaehatge. modify.
change or affect the onginal liability of the Mortpgor either m whole or is part.
! 7. The terms "Mortpgor" and "Mortpggeae" wherever used in this instrument :hall include the heirs. personal repreaeatatives, strooe:son
and coigns of the respective parties; the singular number shaA include the plural. the plural shall include the siagttlar and the use of any gender
shay include all gender.
18. Name(s) of Mortp or(s):
WILLIE BEA~LEY and EDNA MAE BEASLEY, his wife, formerly known
as EDNA MAE THOMAS
19. County in Florida wherein Property is situate cad description thereof: St . Lucie
Lot 4, and the East 5 feet of vacated alley adjacent on West,
in Block 8, of SUNNY ACRES SUBDIVISION, according to the Plat
thereof as recorded in Plat Book 8, at Page 25~ of the Public
Records of St. Lucie County, Florida.
2Q. Rank or priority o[ this mortpge:
Second Mortgage
21. Original amount of Note:
$3,375.00 ,
Maturity of Notc: ~ ~Q MAR 17 AM i 1' 10
August 15, 1986_
22. Date Mortpge and Note executed: F LE01!~ RECp
S U1C1 ;,1p1TY.f A.
March 8 , 1980 as~c
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REPAfti! ~RIFIEt}
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t /U ~ L~- ~ t3 EIS c.C~
` WILLIE BEASLEY, Mortgagor
r (sEAL)
~ ~ cni :.c (SEAL)
r.
STATE OF FLORIDA ) _ ~ (SEAL)
couNTV of St . Lucie EDNA MAE BEASLEY, Mort gor '
Before me personally appeared the individual(s) above described u the Mortpgor who a:ecuted the foregoing treD known tome,
and who acknowledged before me that he (she. they) ezecuted the same for the purpose tbetein ozpreased. ug 6il;EOF I Gave
set my hand cad official seal in said County and Suu the date upon which the mortpge wu ezecuted-F• ~ ,r,.,~~; ,
; f=
? N Pa
My commiss~oa'ezpira: • =
June 30, 1983 BQOK~~ PiGE~61~ ~,~r::,_-
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