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HomeMy WebLinkAbout2975 A+T ~ ~ ~ 5-51,_836-5 12. The Mortpgor~,ugdargie~other provisions o[ this Mortpge and does hereby uaga to the Mortgages the rent of the Property . provided that the Mortpgor shau. pprime to the aoakratioa of the nwrtpge indebtedness u elsewhere herein provided or the abandonment o~ the Property. have the right to collect and retain such rent u they become due and payable. Upon aooderarioa ttoder the other provisions hereof or the abandonment of the Property. the M ~egee shall be entitled to take poaession of sad manage the Property and to ooueet the rent of the Property includes those put due. AU renbo~ ooUectod shW be applied Grst to the payment of the costs of ~na~emoot ottbe Property and collection of the rea iaciuding but not limited to attorney's sad real estate broker's tees and then to the sum slx,ured by this Mortgye. The Mortgagee shall be liable to socouat ody for those teat actuaUp received. 13. In the event suit is instituted to foreclose this mortgage the M shall be entitled at any time pending such foreclosure to apply to the court having juridictioa thereof for the appointment of a reaiv~er o(the'ropertlr and all of the rents. inoonxa. vroGts. issues and teMennes thereof from whatever source derived and the court shall [orthwitb appear such reotaver with the usual duties and wens of rooeiv~ers is like cases and said appointment shall be made u a mattes of strict right to the Mortgagee and without reterestoe to the a~wcy of the vahre o[tbe Property or the solveary of the Mortgagor or any other party to such snit. The Mortgagor hereby waives the n'~ht to object to the appdntment of a receiver and consent that such appantatatt shal(be made u an admitted egmty and u a matter of absolute rrght to the Martpgee. 14. The abstract(:) of title covering the Property shall at all times d the term of this mortgage remain in possession of the Mortgagee and is the event of foreclosure or other taruter of title to the Property, all~ri~t, tick and interest of the Mortgagor m sad to the abstract(s) shall pass to the purchaser or gnatee. 1 S. If any iastaUaseat tt principal and interest is not paid to the M within fifteen (1 S) days after the same becomes due and payable or J each and every of the Mortgagor's proawes and covenant set fat6 In this mortpge and/or the Note are not fuuy sad promptly performed, complied with and abided by, the entire stun of prindpal sad interest secured by chi: mo :hau at the option oitbe Mortgagee become due sad payable in tun at once u rf oripaaUy stipulated to be so paid at such time aotwitluuanythiag in this mortpge or Note to the contrary. 16. U the ownership of the Property of say part thereof becomes vested is a person other than the Mortgagor, the Mortgagee may, wiWout notice to the Mortgagor, deal with such suooessor(s) in interest with reference to this mortgage and the Note ra the same manner u with the Mortgagor, without is any way discharging the Mortgagor's liability hereunder or upon any debt hereby secured. No sale of the Property and ao - forbeannoa on the part of the Mortgagee or ezteuion for the payment of the debt hereby secured shall operate to release, discharge. modify, change or effort the ort~nal liability of the Mortgagor either is whole or in part. 17. The terms "Mort$,agor' and "Mortgagee" wherever used in this instrument shall include the heir, personal representatives. suoeason and assigns of the respective parties: the ungulu number shall iodude the plural, the plural shall include the angular sad the use of any gender shall include au gender:. 18. Name(:) of Mortgagor(:): JOSEPA LEWIS and ETHEL MAE LEWIS, his wife 19. County in Florida wherein Property is situate and description thereof: S t . Lucie The West one half track 28, less the West 35 ~~~Z thereof and less the North 25 feet thereof. GARDEN CITY FARMS, according to the Plat thereof as recorded in Plat Book 2, at~Page 5 of~the Public Records of St. Lucie County, Florida. 20. Rank or priority of thk mortgage: First Mort~age 21. OrigirW amount of ore: . $16,525.00 196UriAY 28 Aft ~ 49 Maturity of Note: June 15 , 1986 F iEO ~~t@ Fscc p~;o 4 22. Date Mortgage sad Note executed: S~ l1JC~E CCUli1 ~ fi A_ ROGER !'Ol RA5 ~ May 15 , 1980 t~LERIt clRausr awey~ ~ t~ R:r~Y~_ f~ - 48'7 ~"~'2 . ~ J i ~ ~ iJ r?~ f i`: I ~1 1[ Y . ' S T ~i y~ ~ ~ ' _ _ `v ' i Witnesses: - ' (SEAL) JOSEPH LEWIS, Mortgagor (SEAL) i STATE OF FLORIDA ) (SEAL) couNTY oFS t . Lucie _ ~ THEL MAE LEWIS;.Mnrtgsgo~, r Bdorc me personally apparcd the individual(s) above described u the Mortgagor who erecuted the toregrnnj(~ ictwv~n, to me, sad who acknowledged before me that 6e (she, they) a[ecuted the same for the purposes therein ertpres~ed.~~r~/ll~~..yzs~rar~ I have set my hand and official seal in said County and State the date npon which the mortgage wu ~ ~ 4 f v _ ~ : - - , y is • M Jur~ ne 30~~1983t ~ ~~JJ1 P~6F~~, f