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HomeMy WebLinkAbout0485 5-51,739-1 12. The Mortpgor bu under the olhei provisioni of this Mortpge sad does hereby assi,ga to the Mortgagee the reau of the Property provided that the ortgagor shall. ppoor to the aoxkraaoa oI the mortpge irdebtedaess ss elsewhere bereiu provided or the abaadoameat o~ the Property. have the right to collect and retain such rcau as they become due and payable. upon aeoekratioa under the other provisions hereof or the abardoameat of the Property. the Mortp~geae shall be entitled to take postesstioa of and maaa~e the Property and to eoUea the reau of the Property iacludiua~g those put due. AU reaU ooUected shall be applied fast to the payment of the cau of meat of the Property and collection of the reau including but not limited to auorney's tad real elute broker's tees and rhea to the sum s~xured by this Mortp~e.The f Mortgagee shaU•be liable to axouat Daly [or those reau actually rpaived. 13. la the event suit u iauituted to foreclose this mortgage the Moctpgee shall be entitled at any brae peadiaj such foredowro to apply to the court having jurisdiction thereof for the appointment o[ a rco~ivet of the pmtxrty and all of the reau. iaoomes. profits. issues and rev~eauet ~ thereof from whatever soura derived and the court shall forthwith ceppoiat such receiver with the usual duties and powers of noeiven is like cases and said appointment shall be made u a matter d strict right to the Mortp~ee and without referenx to the adequacy of the value of ehe Property or the solvency of the Mortgagor or any other party to such suit. The Mortgagor hereby waives the ritbt to ob,~ect to the appantment of a receiver and ooaseau that such appoiatmeat shall be made as so admitted equity and u a matter of a lute right to the Mortgagee. 14. The tbstract(s) of tick ooveriag the Property shall at all times during the term of this mortgage remain is possession of the Mortgagee sad in the event of loreclosurc or other transfer of tick to the Property. all right. title and interest of the Mortgagor a sad to the abstraq(s) shall pass to the purchsser or grantee. 1 S. !f any iastaUment c+f principal sad interest is not paid to the Mortgagee within fifteen (1 S) days Jter the same becomes due and payable or J each sad eve o[ the Mortpg~r's promises and eovenanu set forthm this mortgage sad/or the Note an not and prom performed. complied with sad abided by. the entire :um of principal sad interest secured by this mortg~ shall at the optioa~of the Mo become due and payable is full at oaae u if oripnaUy stipulated to be so paid at such time notwitlaata end rag anything in this mortgage or Note to j the contrary. tt 16. if the ownership of the Property or say part ther+eot biomes vested in a person other than the Mortgagor. the Mortpgee may. without notice to the Mortgagor, deal with such :ucoessor(s) is iatercat with rcferenoe to this mortgage and the Note in the same manner as wiW the Mortgagor, without ra say way discharging the Mortgagor's liability hereunder or upon any debt hereby secured. No sale oI the Property and oo ~ forbearaaoe oa the part of the Mortgagee or extension for the payment of the debt hereby secured shall operate to ukase, discharge. modify. change or affect the orrpaal liability of the Mortgagor either is whole or is part. 17. The terms "Mortgagor" and "Mo "wherever used is this iastrumeat shall include the heirs, personal reprweautives, sucassor~ sad assigns of the rcspa~ve parties; the sea r number shall include the plural, the plural shall include the angular std the use of any gender shay include all geadea. 1g. Name(:) o! Mortgagor(:): PATSY PETER VONA, an unmarried man ~ ~ r r 19. County in Florida wherein Property is situate sad description thercoL• S t . Lucie Lot 14, Block 54, RIVER PARK, UNIT FIVE, a Subdivision according to the Plat thereof, recorded in Plat Book 11, Page 31, of the Public Records of St. Lucie County, Florida. 20. Rank or priority of thu mortgage: ~p kAY 12 ~ 22 Second Mortgage 21. Original amount of Note: FILED I?ttf! lECOIt~EN 525.00 sl.u~l>: coult~Y KO R POtTRA a~urity of Note: OLf.RIt Ct1tCU1T C October 15, 1986 ti~coeeviR~~tE~_ 22. Date Mortgage sad Note executed: May 1, 1980 ~~~6~ ~ T - O~.~Q1~ Wit - (SEAL) PA PETER VONA, Mortgagor J . e (SEAL) . t STATE OF FLORIDA ) l couNTV oFS t . Lucie . Before me personally appeared the iadividua!(s) above described as the Mortgagor who executed the foregoing Mortgage, well known to me, ( and who acknowledged before me that be (abe, they) executed the same for the parpaes therein expressed. IN R?t~fI~~11YHEREOF I have pq~~ iUp set my hand snd official seal in said County and Sate the date upon which the mortgagee was executed`~~~ ~:1!? . ~ : o;, / ~ k- y, ~ - _ •4. 00 ~ { p ~ ~ My mmrpaoi?+ezprra. BCOK PEGE ~O~ ,,~~~ba~.•~ st June 30, 1983 ~rrrr~.u~~~`'`~ -