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Home My WebLink About1570 • ~i ST•41.417 - Our File 5-51,450-5 12. The Moctpgor has order the~other provisions of thin Mortgage and dos hereby aaign to the Mortgagee the renu of the Ptopaty provided that the Mortp jor sluU. ppnor to the:oakration ~ the mortSape indebtedaws as cbewbere bereia provided or the abasdomteat o~ ' the Property, have the nght to collect and retain such reau as they become due and payable. Upoa aeoelentios order the other provisions hereof or the abardonmeat of the Property, the Mortp~ee shall be eatitkd to take possession of sad matte the Property and to odlect the rent: of the Property iacludin~ those past due. All renu ooUxted shall be applied fua to the payment of the oosu of t of the Property and coUectioa of the rents InCludia j but not limitod to atton+ey's and real esttu broker's tea and rhea to the sum ~x~thb Moryye, TM Mortgagee :ball be liable to account only Ior those tenu actually reccired. 13. lathe event suit k iruuituted to foreclose this mortgage the Mort~,a~ee shall be entitled at any time peadinjsudt foredosure to to the cowl having jurisdiction thereof for the appointment of a receiver of the property and all of the renu, inoorna. proths. iewa and reren~uee thereo[ from whatever source derived and the court shall forthwith apporat such reoeirer with the usual duties and powers of t+eoeivers in liks cases sad said appoiatment:baU be made as a matter o[ strict right to the Mortp~ee sad ~rithout rderenoe to the adequac~r of the valve atthe Property or the :olvertry of the Mortgagor or any other party to such suit. The 1~Iortpsor hereby waives they~hhtt to objet to the appoia of a reoriver and consents that sorb appointment shall be made as an admitted egwty and as a matter otrabsolute rtgbt to the Irtirtp~ 14. The abstract(s) of title covering the Property shall at sU times d the term of ttu: morrgage eessaia is possewoa of tree Morttgagoe and in the event of foreclosure or other transfer of title to the Property. aU n~' t, title and inureu of the Mortpjor to and to the abstract(s) shall pass to the purchaser or grantee. t 1 S. If any installment of principal sad intenxt is not paid to the Mort~~ee within fifteen (1 S) days aPoer the same become due and payable ! or J each and every of the Mortp~or's promises sad ooveaanu set forthm this morya~e std/or the Note are not filly sad pwrn performed. complied with and abided by. the entire sum of priaapal and interest secured by this shall at the option of the Mort become due and payable in full at once ss if originally stipulated to be so paid at ands time anything is this atortga~e or Note to the contrary. 16. It the ownership of the Property or any part thereof booomes vested in a person other than the Mortgagor, the Mortgagee tnay, without notice to the Mortgagor, deal with such:uocessor(:) in interest with reference to this mortgage std the Note in the same meaner as with the Mortgagor, without in any way discharging the Mortgagor's liability hereunder of upon any ddeebt hereby secured. No sale of the Property and ao forbearance on the part of the Mortgagee or extemion for the payment of the debt hereby searrod shall operate to release, diselurge, modify, change or affect the ongrnal liability of the Mortgagor either in whole or is part. 17. The terms "Mon~agor" and "Mo ttgga~gee "wherever used in this inttcument she!! indude the heirs, personal rrtmtlveti ~ and assigns of the respective panics: the sirn=ular number shall iadude the plural. the plural shall include the singular sad the use otany gender shay include all genders. 1g. Name(:) of Mortgagor(:): . a ROBERT A. WEBB and DONNA J. WEBB, his wife 19. County in Florida wherein Property is situate sad description thereof: S t . Lucie Lot 1, Block 716, PORT ST. LUCIE, SECTION 18, according to the Plat thereof as recorded in Plat Book 13, at Page 17 and 17A through 17K, ~ inclusive, of the Public Records of St. Lucie County, Florida 20. Rank or priority of this mortgage: Second Mortgage 21. Original amount of Note: ~20~ 275 .~00 , tun y of Note: ~ ~ ~ 4 July 15, 1987 22 Date Mongage and Note executed: ! r 1LEt1 aMe - March 12, 1980 st•L~~- _ s E fn.~llltafaa~t ! ~~s~nr G - 481440 r a ~ , ~ ~ r = - ~ Witnesses: ~ (sEAL) ROBERT A. WEBB, Mortgagor (SEAL) • (SEAL) ~ 3 STATE OF FLORIDA )u, DONNA J. B, MOrtgagOr s COUNTY OF S t . Luc ie) ~ _ ~ 4 Bcforc me personally appeared the individual(s) above described as the Mortgagor who execuud the foregoing Mayt~Yiei1 tome, ~ and who acknowledged before me that be (she. they) eseatted the same for the purposes therein expressed. INW~E~$ I have f set my hand and official seal in said County and state the dau aeon which the mortgage was e:eetrted. Q~L••'' , 1~~, ~ ,f' ~ ~ ~ 1 . - S - { My co~ir~lot?~expresr. ..r ~ "J r:, t June 30, 1983 d00KcX.A PdS~~S~ ~ }