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Home My WebLink About2576 • f 12. The Mortgagor bas ua~~d~r the other provisions of this Mortgage and does hereby assign to the Mortgages the nnu of the Property provided that the Mortg>tQy MtaA, riot to the aoakratioa of the mortpge iadebtednea as elsewhere herein provided or the abatdoament o~ the Property. bavdthe right to collect sad Hain such ra?u as they become due sad payable. Upon aoosknttoa under the other provisions hereof or the abaadoameat of the Property, the Mar~at8ee ihaU be entitled to take paaessioa of sad mao~e the Property and to Dolled the nau o[the Property iacludir~ those past due. AU reau ~Ilected shall beappliod first to the payment of thecosu of maaasement Mthe Property sad oollectioa of the nets iac udiag but not Waited to attorney's and teal estate broker's teen sad then to the sum secured by this Mortgage. The Mortgagee :ball be liable to toDOUnt Daly for those reau actually received. - 13. Ia the event suit u instituted to foreclose this atortgage the Mo~~,a~ee shall be entitled at say time pending such foredasun to apply to the court having jurisdiction thereof for the appointment of a receiver of the property and all of the Hats, incomes. tests. issues sad revenues ~ thereof from whatever sours derived sad the court shall forthwith appant such rooeiver with the usual duties and wets of receivers in like cases sad said appointment shall be made as a matter of sttia right to the INoripBee std without ntennoe to tbs a~uacy of the value of the Property or the solvency of the Mortgagor or say other party to such suit.lLe ortgagor hereby waives then' t to ob~ed to the appantment of a noetver sad cooseou that such appointment shall be made as an admitted equrty and as a matter of absolute c~ht to the Mortsaeee. 14. The abstract(s) of title covering the Property shW u all lima d the term of this mortgage re~ie is posasioa of the Mortgagee and is the event of toralosun or other transfer of title to the Propaty, all~rtg~t, title sad interest of the MoctPBor m sad to the abstract(s) shall pass to the punhaser or grantee. 1 S. If say iattaUmeat of principal sad iatetest is not paid to the Morl,~,a~ee within fdtaa (1 S) days after tae tame becomes due sad payable or if each and every of the Mortp~or': promises and eovenantt set forthm this mort~~e and/or the Note an not fNly and prom ppeerformed, complied with sad abided by. the entire sum of principal and interest secured by this mot~t~ shall at the option of the Mertp become due sad payable is full at ones a: Joriginally stipulated to be so paid at such time notMmtla~anythiaj in this mortgage or Note to the contrary. 16. If the ownership of the Property or say part thereof becoaxs vested in a person other than the Mortgagor, the Mortgagee may. wiWout notice to the Mortgagor, deal with such suoaswr(s) is interest with refenooe to this mortpse and the Note in the same tataaa as with the Mortgagor, without is any way discharging the Mortgagor's liability hereunder or npoa any debt herby secured. No sale of the Property and no forbearance oa the put of the Mortgagee or exteasroa for the payment of the debt hereby seemed shall operate to release, discharge, modify, change or affect the ongpnal liability of the Mortgagor either is whole or is part. 17. The terms "Mort~,agor" sad "Mo gagee"wherever used in this instrument shall include the heirs, personal repraenutives, suooesson sad assigns of the respa~ve parties: the singular number shall indude the plural, the phtral shall iachsde the dngu4r and the use of any gender chap include all senders. 18. Name(s) of Mortgagor(s): - WILLIE BEASLEY and EDNA MAE BEASLEY, his wife, formerly known as EDNA MAE THOMAS 19. County in Florida wherein Property rs situate sad daaiptton thet+eop S t . Lucie Lot 4, and the East 5 feet of vacated- alley adjacent on West, in Block 8, of SUNNY ACRES SUBDIVISION, No. 1, - accord-ing to the Plat thereof, as recorded in Plat BBook 8, Page 25, of the Public Records of St. Lucie 20. E~rbri~r~P~~regage: r Second Mortgage ~`~z~~~' 21. Original amount of Note: $3, 375 , 00 Receiveo b rn Payment Of Taso,t Maturity of Note: Due On Class "C" intangible Persoryd flltv/8AK - Pursuant To Cfaptsr 71, .134, Aod fN 1f11?~. ~us t 1~~~6 22. ortga executed: ~p~ - March 29 , 1980 CNrlt grark Cart ~ t`r~ ~0. ~ . This is a corrective mortgage given to correct that certain mortgage between the parties dated March 8, 1980 and recorded in Official . j Records Book 327 at Page 1611 of the Public Reocrds of St. Lucie Countq, Florida wherein the legal description was incorrectly stated. Florida documentary stamps are attached to the original mortgage and cancelled. Intangible tax has been paid. 4~i2001 I9 .APR ~ ~ ~I 1~ ~3 ~a.~ arts I? Witaesses• S[LttXNtITY.PI A. ~ WILLIE BEA g~go~"--- (S~) (SEAL) ~ s STATE OF FLOR'tDA ) (SEAL covNTY of St. Lucie EDNA MAE BEASLEY, Mort got. Ildore me rsonall a rod the individual(:) above dauibed as the M who executed the f M pe y ppea ortpgor oregoing ortgagn,.wel! ka~wa to tae, and who acknowledged bdore me that be (:be, they) ezeaued the same for the purposes therein ezpnssed. IN WITN~$$~WH$R~OF:1 have set my hand sad official seal in said County and State the date neon which the mortgage wu executed. i.,iu~„ `fit •iy~,~~~- 4... ~ i . 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