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P~ Our File 5-51,521-3 •
12. The Mortgagor' bYi~tuider the`otber provisions of this Mortpge and does hereby assign to the Mortgagoe the rcnu of the Property,
provided that the MortSasor shall. pprior to the aooekntioa of the mortp~e indeblednaa as elsewhere bereiu provi,led or the abandonment of ~
the Property. have the ngbt to collect :nd retain such mtu as they become due and payable. Upon acoeknaoa under the other provision
hereof or the abandonment o[ the Property, the Mortp~e shall be tatitkd to take poaessioa of and maaaje the Property and to coUea the
rcnu of the Property iacludinn~g those past due. AU rcnu collected shall be applied first to the payment of the coats or tnaaa~ement of the Property ~
and collection of the rcnu including but not limited to attorney': and real elute broker's fees and then to the sum secured by this Moregsge. The
Mortgagee :hall be liable to account only for those rents actually received. -
13. lathe event suit is instituted to foreclose this mortgage the Mortgages shall be entitled at nay time pending such foreclosure to apply to
the court having jurisdiction thereof for the appointment of a receiver offthe property and all of the rcnu. incomes, ttroliu. issues and revenues
thereof from whatever source derived cad the court ahaU forthwith appaat such receiver with the usual duties cad powers of reaiven is like
aces and said appointment shall be made as a matter of strict right to the M and without rekrcaoe to the adoquary of the value of the
Property or the solvenry of the Mortgagor or any other party to such swt. '!he ortgagor hereby waives the ritht to object to the appoatmeot
of a rearver and coasenu that such apporntment shall be made as as admitted oquity and ss a matter o! a luu rrght to the Mort~ee.
14. The abstract(s) of kirk covering the Property shall at all times during the term of this mortpge remain is possession of the Mortgagee
and in the event of forcclasure or other transfer of tick to the Property, all right, tick and iaurest of the Mortgagor to cad to the abstract(s) shall
psss to the purchaser or grants.
I3. If any installment of principal cad interest k not paid to the Mo within fifteen (ls) days after the same becomes due and payable
or J ach and eve of the Monp or': promises and ooveaaau set fm this mory~e and/or the Note are not fully. cad pprroomptly
ppeerformed. complied with and abided by. the entire sum oI principal and interest secured by this ortp~ shall at the option of the M~rtiaia -
bocomedue and payable in full at once as rf originally stipulated to be so paid at such time notwitlh~aaadin~ aaythinj in this mortp~e or Note to
the contrary.
16. if the ownership of the Property or any part thereof becomes vested in a person other than the Mortgagor, the Mortgagee may, without r
notice to the Mortgagor, dcal with such successor(s) in interest with reference to this mortpge and the Note in the same manner u with the t
Mortgagor, without rn any way discharging the Mortgagor's liability hereunder or upon nay debt hereby secucod. No sale of the Property and no ;
forbearance on the part of the Mortgagx or extension for the payment of the debt hereby secured hall operate to release, discharge. modify,
change or affect the ongrnal liability of the Mortgagor either in whole or in part.
17. The terms "Mort~+sgor" and "Mortpggxee" wherever used is this instrument shall include the heirs, personal represcnutives, suocesson
and assigns of the respect,ve parties: the:;ngrrlar number shall include the phual, the plural shall include the:ingtrlar cad the use of any gender
shall include cell gerden.
1g. Name(s) of Mortgagor(s):
BARBARA CONGDON, an unmarried woman
19. County in Florida wherein Pro~erty is situate and description thereof: S t • Lucie
Lot 2, Block '.'E' , MARAVILLA ESTATES, according to the Plat thereof,
recorded in Plat Book 8, Page 77 of the Public Records of St. Lucie
- t
County, Florida.
20. Rank or priority of this 'mortgage:
Sec.Q~d Mortgage
2l. Originel simount of Note: -
$8,675.00
s
- Maturity of Note:
November 15 , 1986 I~~ APR -2 PM 12' Z ~
22 Date Mortgage and Note executed:
FILE01?ND !lf t:i)~ph0 ~
j March 26, 1980 gT. tJC1EC TY.ftlt.
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P
VERiF1E0_--_
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4R'i68U
Witnesses:
(SEAL)
BARBARA CONGDON, Mor agor
(SEAL)
STATE OF FLORIDA )
couNTY of S t . Lucie)"' -
Hefore me psiionaUy appeared the individual(s) above described as the Mortgagor who executed the foregoing Mortgage. well known to me,
and wfio acknowledged before me that be (she. they) executed the:arne for the purposes therein expressd.;IN,?((~J~SS ~i*EREOF I have -
set my hand cad official seal in said County and State the date upon which the mortgage was execttf~d.`':~~~ Z ~!;7 -
.
_ ~ .emu •O
My commis~ioa expires: Ili `%~'t~~'''~'. =low;; -
g~~x328 p~~ig84 ,,,,,.,.~r
June 30, 1983 -