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12. Tbti Mortpgor hat under the otbcr provisions of this Mortgage and don benby asi~a~~o'Qa ~geerthe ieau of the Property
provided that the Mortgagor dull, prior to the aoakntioa of the mortgage indebtedness as ekewben be t
the Property, bane tbt right to 0o sad ntaia tttch rrau as they. become due sad 4r'tlte abaadotutxat of
payable. Upo ~~~er the Ptber pmvitiont
hereof or the abaadoameat of the Property. the Mottgaga that be eatiUed to tske possession of 6patrty sad to oolle~t the
Hats of the Property iadudiaagg those due. AU reau collected sha0 be appliod Cuu to the paya?eat of the costs of
sad collection of the nau including but ant limited to sttoraey's sad real estate broket'i tea and then to the sum socw~rd t~hiti MtM y
Mortgagee shall be Uabk to saouat only for thane reau actually received. bI? ortgagr.The
13. la the event toil is instituted to foreclose this mortpde the Mortgagee shall be entitled at any bate petdiag snob foreclosure to apply to
the court having jurisdiction thereof for the appoiattaeat of a Waiver offtbe protKrty and ad of the Hatt, incomes, profits. taus sad t+errauet ~
thereof irom wlutevrr tours derived grid the court thW forthwith appoint such r~ooeiver with the usual dolts sad nrers of reoeivees is like
tales sad raid appoiatmeat shall be made as a matter of strict right to the Mortpgee sad without nterraoe to the
Property or the sotveary of the Mortgagor or any other party to such suit, T6a Mort ~ ~ ~ M ~
gagor benby wsives the rt' t to object to the appaatmeat }
of a receiver sad coaseau that such appoiatmeat shall be made as as admitted rquity sad as a matter of absolute rtght to the Mutgaga. _
14. The abstract(s) of tick wvering the Property shall at all times dart the term of this mortgage amain is poaatioa of the Mortgages #
and in the event of toreclosun or other tratufer of title to the Property, aU ri~t, title and interns of the Mortgagor to and to the abstract(s) shall
pass to the purchaser or grantee.
I3. It nay iturtaUmeat of principal sad iaterat is not paid to the Mortgs~ee within ttResa (IS) days alter the same becomes due sad payable
or J each and curry of the Mortpgor"s proaiisa and ooveaantt set ~orthm this mortsaae sad/or the Note are not f»aly sad prom
performed. complied with and abided by, the retire sum o[ principal and interest encored by thrs aw pge shall at the o~ioa of the Mortys~~
become due sad payable is full aT ot?a u it oripaally atipu4ted to be so paid at such link aonvitluundiag aayUuag in this moripge or Note to ~
the contrary. -
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16. It the owaenhip of the Property or any part therrot becomes vestod is a person other than the Mortgagor, the Mortpgee may, without
notice to the Mortgagor, deal with such successor(s) is interest with rrtenaoe to this mortpge sad the Note in the tame manner u with the
Mortgagor, without is nay way discharging the Mortpgor's liability henuader or upon any dcbt herrby secured. No tale of the Property and no
torbeanna oa the part of the Mortgagee or e:teastoa for the payment o[ the debt herby severed shall operate to tekase, disclurge, modify,
change or attea the orrpaal liability o[ the Mortgagor either is whole or is part.
17. The terms "Mort~,tgor" sad "Mortgagee` wbctrver used is this instrument shall include the heirs, personal npraeatativrs. suooaton
and assigns of the rapocuvr parties: the singe ar aurnber shall iacluds the plan). the plural sbsU include the singular sad the use otaay gender
shall iadude all genders.
18. Name(s) o! Mortgagor(s):
EDDIE SCOTT and SALLIE MAE SCOTT, his wife
19_ County in Florida wherein Property is situate sad description therroL• S t . Lucie
Lot 10, Block 5, LINCOLN HEIGHTS SUBDIVISION as per plat thereof recorded
in Plat Book 4, Page 73 0£ the Public Records of St. Lucie County, Florida.
20. Rank or priority of this mortgage:
First Mortgage ~9~ APR 23 PN 2 24
2l. Original amount of Note:
$8, 300.00 F Eo ~t+l: Pct oto ~
Matwity of Note: S )ICI CO Y.fIA.
Januar 1 1987 ~e~
c~rtetsltT
22 Date Mortgage ana Note eatecutod:
RFr.QRS YERIFrCO_.. _
' April 16, 1980
484152
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~~1 ~ ! (SEAL)
EDDIE SCOTT, Mortgagor
(SEAL)
STATE OF FLORIDA )a: tjyloL ~~1~yyt~ (SEAL)
couNTY of St. Lucie) SALLIE MAE SCOTT, Mortgagor
Before tae persoaa!!y apparel the individual(s) abort described as the Mortgagor who esecatted the foregoing Mbrig~p well known to rae,
and who acknowkdgod bdon me that he (she. tbry) executod the tame for the purposes tbeteia ezpreasd~;1P1''~A~~~.Q?1~p,1LEOF 1 have
let my band and official seal is raid County and State the date npoa which the mortgage was euect~t. ''j', , ;
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My coaon ester: J? , ,.'`~J
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June 30, 1983 ~