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HomeMy WebLinkAbout1983 • i.r ~ ~ ~ Our File 5-51, 524-7 12. The Mortppgor has under the other provisions of this Mortpge and doss hereby saign to the Mortgages the renu of the Property provided tlu?t the Mortgagor :hall. Prior to the aooekration ol.the mortgage indebtedneaa u eh+ewherc herein provided or the abandonment o~ the Property, have the right to collect and retain such ra,u u they baooma due std payable. Upon aoxkratioa under the other provision: hereof or the abandonment of the Property, the Mortgagee shtU be entitled to take possession of and mange tl~e Property and to collect the real: of the Property iathul those past due. Ap rents collected shall be applied lust to the payment of the coats of maoalpement ottbe Property and coUectioa of the rents ' tiding but not limited to attorney': and real estate broker':lee: and then to the sum secured by thin Mortgage. The Mortgagee ab`li be liable to account only for Woae renu actually reodved. 13, la the sweat suit is ias<itutod to foreclose this mortgage the Mort~,a~ :bap be entitled at any time pendios such foreclauro to apply to the court having jurisdiction thereof for the appointment of a receiver of the property sad all of the rents, incomes. profit:. issues and rarenup tbereot from whatever source derived and the Doan :hap forthwith appotat such rooeiver with the usual duties and. wens of receivers in like cases and acid appointment shall be made u a matter of strict right to the MortpUee and without rcfenaoe to the a~uacy of the value of tha Property or the solvency of the Mortgagor or say other party to such suit. The l~!ortpsor hereby waives the rijbt to ob~ed to theappotntment of a receiver and consents that such appointment :hall be made as an admitted egtuty and as a matter of absolute ttght to the Mortsasoe. i4. The abstract(s) of title wvetiag the Property shalt ai cep tim~a during the tcra: of this mortgage remain is posiesaion of the Mortgagee and is the event of lorccloaurc or other transfer of tick to the Property. all right. title sad interest othee Mortgagor to and to the abatrsct(a) sb W pas to the purchaser or grantee. 1 S. if any irt:tapment of principal and interest is not paid to the Mortp~ee within-fdteea (1 ~ days after the ame becomes due and payable or J each sad eve of the Mortgagor's promises sad covenants alt forthm this mortgage and or the Note are pot fully and pprroomptly performed. complied with and abided by, the entire sum of principal sad interest secured by this mo~tg :hap at the option ottee INortpgee become due and payable is full at once as J originally aipulatod to be so paid at such time notwitl~aaradt'n~g sltything is tbu tortgage or Note to the contrary. ! Q It the ownership of the Property or any put thereof becomes vested in a person other than the Mortgagor, the Mortpgee may, wihuout notice to the Mortgagor, deal with such suceessor(a) is interest with tdeeenoe to this mortgage and the Note is the same manner as writ6 the Mortgagor, without in any way discharging the Mortgagor's liability hereunder or upon any debt hereby secured. No:ale of the Property and ao forbeuanot on the part of the Mortgagee or eateasroa for the payment of tbedebt hereby secured shall operate to release, discharge, modify, charge or affect the original liability of the Mortgagor either in whole or in pan. 17. The terms "Mort4agor" and "Mort age "wherever used in this instruarent:hap include the heirs, perwaal representatives. successors and assigns of the respective parties; the su gulsr number shall inUude the plural, the plural shall include the singular sad the use of any gender shay include all genders.. 18. Name(:) o! Mortgagor(s): f ELMEH EICHELBERGER and EVELYN EICHELBERGER, his wife 19. Couaty in Florida wherein Property is situate sad description tbenoof S t . Lucie Lot 1, Block 150, LAREWOOD PARK UNIT 11, according to 4 the Plat thereof, as recorded in Plat Book 11, pages 32A through 32D, of the Public Records of St. Lucie County, Florida. ; 20. Rank or priority of this mortgage: First Mort al~e 21. Origirral amount ot~oie": $17 , 200.00 ~ i2 2~ Maturity of Note: 1960 AQR _Z February 15 , 1987 >F£c ~ 22. Dau Mortgage and Note executed: f 1t.E0 IE CGtAtt~~ A. March 26 1980 s ~ K cn~~~ cost ~ tlt~ l1Eti!?!?~ ~.iR~f1F~- a~1s'~9 Witnesses: ~ ' . (SEAL) . ~ ELMER EIC LBERGER, Mor gager (SEAL) STATE OF FLORIDA ) SEAL; couNTY oFSt. Lucie EVEL E , , R, rtgagor Before me psrsoaaUy appeared the individual(s) above described as the Mortgagor wbe~ ` Mortgage. well known to me, . sad who acknowledged before me that lie (she. they) e:ecutod tbe:ame for the pn e: ~V WITNESS WHEREOF I have set my hand sad officW seal in said County and State the date upon which the ado~s' . ' ~ 'G- • _ : ~ , ~ ~ • ' ~t~ ~ 1• < ' "•r : "~OmO"~• Sate d Florida M coarmits~uo esgres: f'., ••r••.n J`~ r ~ fr , i June 30, 1983 t • Ec x ~O P~~ i~~