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- t''s` ~ e}.~ ' S-51,776-3
!2 The Mo hu under the other provision o[ thk Mottsase and does bweby spipt to the Mortp~ee the real: of the Property
provided that the Mort~a~or shall, ppnor to the aooeieratioa of the mortja~e indebtedness u ehxwvhere bereia provided or the ab~aadoament o~
the Property, have the ~ to oolkct sad retain such rents u they beooma due and payabk. Upon aoaientioa noder the other provision
hereof ar the abardoameat o[ the Property. the Mort `~ee~~:haU be eatitkd to Wu poasepioa o[and manaSe the Property sad to oolkd the
teats of the Property' those pa:t dtte. AU recta ~o' :ball be applied ~rstto the payment of thecoW of ~aa~e of the Property -
aad collection of the teats' but not limited to attorney'ssad realestate broker'': feasad they to the snm atxuredby
t~h~ Moryye.'I1te
Mortsasee shW be liable to aooouat Daly for those reau actually received.
13. In the event suit is instituted to forecbee this mortsass the M sbW be entitled at say time peodias <ech foreclowre to apply to
the court havius jurisdiction thereof for the appointment at a rooeiver oftbe property and all of the rents, iaootnee, profits. issues and revenues
thereof from whatever source derived std the coral shall forthwith appaat such receiver with the usual duties and powers o[reoeivara in like
case sad said appointment :ball be toads u a matter of strict risht to the Mo~a~ee and witAom refereooe to the adegnary o(ehe value ottee
Property.or the solvenry oI the Mortsasor or any other party to sndt:ttit. The Mortpaor bercby waives the ' to object to the appanttaeat
of a reoaver sad ooaseats that such appointment shall be made as an admitted equity sad u a matter of a rrsht to ebe MWtpyee.
14. Tfie abstract(s) of title coverias the Property shall u ap times d the term of thk mortsase tetaaia is possession of the MortZasee
sad is the event of foreclaure or other traasfer of tick to the Property, all r, tick sad iaterat of the Mortppr to sad to the abetnct(s) shall
pap to the purchaser or Grantee. -
1 S. It any intallmeat of prtaeipal sad interest is not paid to the Mortp~ee within fdteen (1 S) des after the same boooma due sad payable
or if each and every of the Mortp~or's protaises sad oovenaau set forthm this aad~or the Note are nvt filly sad pprroom~ppt~
performed. complied with sad abided by, the entire sum ~ prindpal sad interest sacred mo shall u the option of the INortpseey
me due sad payable is full at oaa u J oripaally stipulated to be so paid at such time an
the contrary. ythias is tha mort
ja/e or Note to
!6. If the ownership of the or say part thereof becomes vested is a person other than the Mortptsor, the Mortsasee may, without
notice to the Mortsasor, deal with s successor(s) in interest with reference to this mortsase sad the Note in the same manner u with the
Mortsasor, without ut any way dircharsias the Mortpgot's liability hereunder or upon any ddeebt hereby sacred. No sale o[the Property sad ao
torbeanaoe oa the part of the Mortsasa or elitermon for the payment o[ the debt hereby secured :ball operate to teleaae, discharse. modify,
chanse or atfat the onstaal liability of the Mortaasor either is whole or is part.
17. The terms "Mort~asor" sad "M "wherever used in this iastrument:hall ialude the heir, pnsoaal rapreaentatives, suooesspn
and assisns of the respective parties; the otter number shall include the phtral, the plural shall include the
shau iadude all senders. :insular and the we of say
18. Name(s) of Mortsasor(s): -
NANCY K. MAHAR,an unmarried woman
19. County in Florida wbcrein Property is atuate and description thereof: S t~ Lucie
The West 35 feet of Lot 2 and the East 33 feet of Lot 1,
Block D of PLEASANT VIEW SUBDIVISION, as recorded'in Plat
Book 8, Page 53, St. Lucie County, Florida.
20. Rank or priority of this mortsase:
Second Mortgage ~ HAY ' 4 ~ ~ 48
21. Orisiaal amount of Note: -
2, 750.00 tt. o ~
runty of Note: LA.
February 15 , 1986 ~~t~o~~R
ot~
ortsase
22 Date M sad Note executed: - K"" ~U~ ~
lei C~ \'f RI%iCt;-.- _S~-
May 8, 1980
486493
c _
- - -
i
witnesses
' (SEAL)
STATE OF FLORIDA ~ - . ~ E
covNTY of S t . Lucie YF F - - '
lldore me personally appeared the irdividuai(s) above daaibed u the Matsasor who euwted the f . ' ~ ~ ~ ~ n u ~ u~' - wa to me. ~
and who acknowledsed before me that he (she. they) etseWted the same for the parpaes therein gtpreseed, ~ ~ ,~$~pF I have ~
set my hand and ofricial seal in said Cotmty and Stan the date upon which the was ~ 4` ~ r
~
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My commiieibi'altpites? : • ~~~_-a~<;~ M'.w.;- ~ .
June 30, 1983 p~ 845 M -
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