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HomeMy WebLinkAbout0032 • . • ' gT ~I,s~g~ ~~T 5-51,635-1 1 T. The Mortgagor bad ~ tbg other provisions o(this Mortgage and does hersby assign to the Mortgages the ranu of the Property, provides that the ort pnor to the acceleration of the mortgage indebtedness u ehxwhere herein provided or the abaadoataeat oI the Property. have the nght to colka and retain such reau u they become due sad payable. Upon aooekntioa under the other provisions bereo[ or the sbardonmeat of the Property. the Mortpgee ~ ~ atlod to take possasuon of iad manage the Property sad to collect tba real: of the Property includinagg those pmt due. AU reau coUectcd ppliod Cult to the payment of the cats of meat of the Property sad collection of the reau including but not limited to attorney's and teal luau broker's fees sad then to the sum s~eacwby this Mottgage. The Mortgagee shall be liable to account Daly for those rents actutUY received. 13. lathe event suit is instituted to foreclose this mortgage the Mortgagee t~ be entitled at any time pending such Iondaure to apply to the court having jurisdiction thereof for the appointment of a reottver of the property sad all of the reau, incomes. vrofite, issues and revenues thereof from whauver source derived and the court shall forthwiW appoint a h receiver with the usual duties sad p wen of reosiven is like aces and said appointment shall be made a: a matter of strict right to the Mortd~e sad without refennoe to the adeoquacy of the value of the Property or the solvency of the Mortgagor or say other party to such:uit. The gager hereby waives the right to ob,Rect to the appointment of a receiver sad eonseau that such appotntment shall be made as as admitted equity sad ss a matter of absolute nght to the Mortgrtga. 14. The abstract(s) o[ title covering the Propcrty shall at all times during the term of this mortgage remain is possession of the Mortgagee and is the event of foreclaure or other tratt:kr ottitk to the Property. all right. title and iatenxt of the Mortgagor to sad to the abstract(s) shall pass to the purchaser or grantee. 1 S. If say irWaUmeat of principal artd iaten~t°~r not paid to the Mo within fiftetn (1 S) day: after the same becomes dueiad payable or it each sad every of the Mortpg~r's premises sad covenanu set fin this mortgage sad/or the Note ate not fully sad pprtoomptly pcdonned. complied with and abided by. the entire :um of principal and interest secured by this mortgage shall at the option of the Mottpges become due sad payable in full at once a: tf oripaaUy stipulated to be so paid at such time notwithstanding aaythtng iathis mortpge orNote to the contrary. 16. If the ownership of the Property or any part thereot bewmes vested in a person other than the Mortgagor, the Mortgagee may, without notice to the Mortgagor. deal with such successor(s) in iaten~t with reference to this mortgage sad the Note is the same maoaer as wiW the Mortgagor. without rn any way discharging the Mortpgor's liability hereunder or upon say debt hereby secured. No sale of the Property sad no forbearance oa the part of the Mortgages or exterwon for the payment of the debt hereby secured shall operate to release, discharge. modJy, change or affect the ongtaal IiabiGty of the Mortgagor either in whole or is part. 17. The terms "Mortgagor" and "Mortgage "wherever used in this instrument shag include the heir, personal represeautives, successors sad assigns of the respective parties; the angular number shall include the plural. the plural shall include the singular sad the use of any gender shall include all genders. 18. Name(s) of Mortgagor(s): WILLIE MAE BONEY, an unmarried woman formerly known as WILLIE MAE WASHINGTON 19. Couaty is Florda wherera Property a :ttuate and descnpUOa thereof: S t . Lucie The North 1/2 of the East Half (1/2) of the following described Property: Starting at the Northwest corner of the intersection of Avenue D and 16th Street of the City of Fort Pierce,Florida, run thence North on West line of 16th Street 133 feet to a point of beginning; thence West on a line parralled to 20..Raak or priority of this mortgage: Avenue D to the East line of 17th First Mortgage Street; thence North on East line. of 2l. Original amount of Nou: - 17th Street, 125 feet; thence East on $3,250.00 aline parallel to Avenue D to the Maturity o[ Note: West line of 16th Street; thence South February 15, 1987 on the West line of 16th Street to the 22. Date Mortgage and Note executed: April 16, 1980 point of beginning. Said land lying 'i in and being a part of the W 1/2 of the NW 1/4 of the NW 1/4 of the NE 1/4 of r Section 9, Township 35, South, Range 40 East. Said land situate lying and 1980 ASR 23 P!i 2: S7 ~ being in St. Lucie County, Florida. F lE0 A,Np FEC060C~ _ ' ~ LUC CGUNiY.fLA. ROGER POITRAS CLERK CIRCUIT COUR 484161_ wit (SEAL) , WILLIE MAE BONEY, Mortg gor (SEAL) STATE OF FLORIDA ) - ~ ~ couNTY of S t . Luc ie)a'' - Before me personally appeared the individual(s) above described as the Mortgagor who executed Jy~ortgsge, well kaowa to me, ~ sad who acknowledged belore me that be (she. they) executed the same for the purposes ~ SS WHEREOF 1 have set my hand and official seal in said County sad Sure the date upon which tbe,mortgage ~ t>_ x~j~ .~,•',R.. F• V. ? ~ j~.~1 'J ~x: r 6~~ _ i sY t f L My comr~is~iioa expires: L c. ~ ~ e~~ ~ ' June 30, 1983 B OI th~lJ PIGS ~