HomeMy WebLinkAbout0843 5-51,775-5
12. The Mort~a~or bat under the other provisions o[ this Mortgage sad doa hereby assign to the Mortgagee the sash of the Property I
provided that the Martpeor shall. pprior to the aoxkratioa o[ the mortsa8e indebtedaea u elsewhere het+eiu provided or ebe abandonment o~
the Property. have the right to eolloct and retainsuch reab u they become due sad payable. Uppoon aooeleratioa Hader the other proviaoas
hereof or the abandonment of ebe Property. the M woe shall be entitled to take possasioa o(aad maaa~e the Property sad to cosiest the
reab of the Property iacludiat those past due. AU rert~t~t~
C Iledod shall be applied tlrtt to the payment of the cow of ayemeat ottee Property
and collection of the rash ' udiag but not limited to attontey's and real estate broker's fep and rhea to the sum M~urod by this Mortjape.'Ibe
Mortgagee shall be liable to account only for those reau aausUy roaived. - - .
13. In the event suit a instituted to foreclose this mortgage the Mortgagee shall be entitled at any time.peadiag such farecloatnre to apply to
the court having juridictioa thereof for the appoiataaeut of a reoeiva off the t?ropaty and all of the renb. tnooma. orofib. inner sad revenue
thereof from whatever touree derived and the court shall forthwith appaat:ueh receiver with the usual duties sad powers of reoeiven is tike
cues sad said appointment shall be made u a matter at strict right to the Mo~p~ee sad without rdereaoe to the sdegnary of the value of the
Property or the solvency of the Mortgagor or nay other patty to such suit. The Mort~or hereby w~iva theft to ob~eCt to the appantmeat
of :receiver sad ooaseab that tuck appotatmeat altaq be made u as admitted egwty sad u a matter of a6tolute rt8ht to the Irlertjspee.
It. The abstract(s) oaf tide eoverisg the Property shall at all times during the term o[ this mortgage remain is poaasioa of the Mortgagee
sad is the event of loroclaure or other transfer of title to the Property, all right. title sad interest oohs Mortpgot m sad to the abstract(s) shall
put to the purchaser a grantee.
1 S. U nay installment of principal and interest is not paid to the Mortgagee within fdteea (1 S) days after the same becomes due sad payabb
or it each sad every of the Mortp~or't promises sad ooveaaab set forrtthhta this mortp~e and~or the Note are not fully and promptly
performed, complied with and abided by. the satire sum of prutcipal sad interest secured by this ~tp~e altatl at the option ottbe MertpBee '
become due sad payable is full at once as tf originally stipulated to be so paid at sttch time notwitl~~udt'op saythiat in this mort~sEe or Note to
the eoatcary.
16. U the ownership of the Property or any part thereof becomes vested is a person other than the Mortgagor, the MoryaRee may. witltotnt
notice to the Mortgagor. deal with such sucoesser(s) a interest with reference to this mort~e and the Note in the same manner u with the
Mortgagor. withow ra say way discharging the Mortgagor:liability hereunder or upon nay debt beceby secured. No sale of the Property and ao
forbearaaa oa the part of the. Mortgagee'or a:tension for the payment o[ the debt hereby secured shtU operase to release. diseharge, modify.
change or affect the original WbiGty of the Mortgagor either in whole or is part.
17. The terms "Mort~sgor" sad "Mo "wherever used is this instrument shall indude the heirs, personal representatives, suooesson
sad assign of the respxt~ve parties; the sir number shall indude the plural, the plural shall include the singalar and the use of nay gender
shalt include all genders.
18. Name(s) of Mortgagor(s): - .
DORIS S. COLE,•an unmarried woman
GEORGE ALFRED WENZ, III, an unmarried man
19. County is Florida wherein Property is stunts and description thereof: St . Lucie
Lot 4, Block 8, Harmony Heights, Unit No. 4, as per plat thereof on
file in Plat Book 9, Page 71 public records of St. Lucie County, Florida.
20. Rank or priority of~th8is mortgage: :
T1. FOngrail
aa~nerofNot~ee
1960 ~A`( 14 45
$8,250.00 v
Maturity of Non: F 8 A~~"iT~l!?• .
May 15 , 1987 s ~a?Ri?st
?2. Date 1Gfortgage sad Note a:ocuted: 4 ~CUIt
i May 7 , 1980 ~~e ~~Rt~4~~--
t
f - 48649'7
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3 - .
g ~tnetsa:
.
€ (SEAL)
DORIS S. COL Mortga or
(SEAL)
LFRED Z, 'III, tgagor~
STATE OF FLORIDA ) ,
CouNTV of St . Lucie)"'
~ llelore me personally appeared the individual(s) above described as the Mortgagor who e~cnted the foregoing Mortpge. well known to me.
and who acknowledged belore me that be (she. they) assented the same for the proposes therein ~ , IN ~ WHEREOF I have
t r ~ UIt/~~~ r~;
set my band sad official seal in said County sad Sate the date upon which the mortgage .s . L ~ .
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My coats•iisi~ expires:.: ~ - ~ • - 1i~ ~ ~ O~ ~ ;
June 30, 1983 ss~~ pp~~e~
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