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12. The Mortpjor has uudar the other provisions of this Mortpp and does hereby aaip to the Mortppe the rents of the Property
provided that the ortpgor shall. prior to the aooekratioa of the mortpp irtdebtedoas as elsewhere herein provided or the abaadoameat o~
the Property. have the right to collect and retain such teats as they become due and payable. upon aoceieradoa under the other proviaoas
hereof or the absndoameat of the Property, the Mortgape shall be entitled to take pwsasioa of aAd maaap the Property and to collect the
renu of the Property iachtdiaagg thaee pmt due. AU rents ooUxted shall be applied first to the payment ~ the costs of maoapmeat of the Property
and collection of the teats including but not limited to attorney's and teal estate broker': fees and then to the sum seewnd by this Moryap. 'Ibe
Mortpgee shall be liable to account Daly for those rents actually reaivod.
13. In the event suit a instituted to foreclose this mottpp the Mortpgoe shall be eadtled at say time pending snc6 toredosw~e to apply to
the court having juri:dictioathereo~ for-the appointment of a reaivet o the property and all of the rents, incomes. ptofits. issues sad revenues
thereof from whatever source derived and the court shall forthwith appant such receiver with the usttal duties and power of reoaven is !ilea
aces and said appointment shall be made as s matter of strict right to the Mortgagee and without reference to the adegnacy of the value atthe
Property or the solvency o[ the Mortpgor or any other party to such suit. The Mortgagor hereby waives then' t to object to the
of a receiver and consents that such appointment s>taq be made as as admitted equity and as a matter of absolute nght to the
4. The abstact(s) o[ tick covering the Property shall at all times during the term of this moetpge remain is oa at the M
and is the event o! foroclaute or other transfer of tick to the Property. all right. tick and~iaterest o[ the Mottpgor the absttaa(s
pass to the purchaser or grantee.
I S.. If say iasWlment of principal sad iatereri k not paid to the M within fdtoea S) days after the same becomes dne sad payable
or if each and every of the Mortpg~r's ppromises sad covenants set fo is this mortgage and/or the Note are not fully sad pcompNy
performed. complied with and abided by. the satire sum of principal sad interest secured by this mo shall at the option of the Mortgagee
become due and payable is full at once as if originally stipulated to be so paid at such time aotwitlfftst~~
anything is this mortpga or Note to
the contrary.
16. 1[ the ownership of the Property or say part thereof becomes vested in a person other than the Mortgagor. the Mortppe may. without
notice to the Mortgagor, deal with such successor(s) is interest with referettoe to this mortpge sad the Note is the same maaoex as with the
Mortgagor. without in say way discharging the Mortpgors liability hereunder or upon say debt hereby secured. No ale of the Property and ao
forbearance on the part of the Mortpgee or exteauon for the payment of the debt hereby secured shall operate to rebase, discharge, modify.
change or affect the onginal liability of the Mortgagor either is whole or in part.
17. The terms "Mortgagor" and "Mo "wherever used in thk instrument shall iadude the heirs. personal representatives. suooeaors
and assigns of the rapecpve parties; the a number shall include the plural, the plural shall include the angular sad the nse of say gender #
shall include all genders.
18. Name(s) of Mortpgor(s):
i
MARY ANN CARROLL, an unmarried woman ~
19. County is Florida wherein Property is sitwte sad description thereof' S t . Lucie
Lot 11, in Block 2, of BUNCHE PARK SUBDIVISION, according to the
Plat thereof as recorded in Plat Book 10, at Page 18, of the
Public Records of St. Lucie County, Florida. r
20. Rank or priority of thk mortpge: #
Second Mortgage
21. Original amount of Note:
$2, 7so.oo ~ HAT -2 AN 24
Maturity of Note:
January 15 , 1986 F;LEO ~cQo
f 22. Date Mortpge and Note executed: s~ ~ E ~TRTA
f casvlt eatlulr
April 23, 1980 ~yE~tirt~p
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48516,4
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Witnesses:
(sEAL)
~ MARY A CARROLL, Mortgagor {
(SEAL)
STATE OF FLORIDA )w.
couNTV of S t . Lucie) "
Before me personally appeared the individual(s) above described as the Mortpgor who e:ecttted the foregoing, Mart , g;, weq kpolrp to me, ~
sad who acknowledged before me that be (she. they) execnted the ame for the purposes ther+aa expressed.-~ F~pave
set my head sad official seal is said Connty and State the date upon which the mortpge was exeptted~~`%~` ~ ' ~ ~
f _ ~ _
June 30 , 1983 BOOK PaGf~~ ~~ti . ~ ~ -
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