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HomeMy WebLinkAbout2977 Pty 5-51874-6 12. The M bas under the other provisions of this Mottpp srd dos hereby salsa to the Mortsasee ebe rents of the Property provided that the Mortissor shall. pnor to the aooekrapoa oI the aAOrtpae iodebtednea as eba+~rhere herein provided or the abandonment o~ the Property, have the risht to collect sad reuin each rents as they become due and payable. Upon aooelenuioa nsder tbs other provi~ioae hereof of the abatdoumart o[ the Property. the M shall be entitled to take poaaston o[sad raaoa~e the Property sad to Dolled the reau ottbe Property' those psq due. AU reatso oo~ed shall beapp~ied tau tothe payment o[tbecow of ottee Property sad collection of the renu ' but not limited to attorney": sad ral esuu broker's tea and than to the sum «~~t MortBa~e. 7Le Moryasee shall be table to account only for tbaee teas adwlly reaived. 13. Ia the event suit is instituted to tor+ocbse this mortjye the Mort~ee:ball be entitled at say timepeadiadsuch torecloarre toapply to the court bavias jurisdiction thereof for the appointment of a receiver of the property sad all of the r~eau. urooma. oroQts. iaua sad tevasua ehereot tram whatever :Dame derived and the court shall forthwith appoint such receiver with the Wars! dntie sad DD of Waivers is like ass std said appointment shall be made u a matter of strict riSht to the M sad without retereooe to the adegw~cy of the vahre othee Property,or the solveary of the Mortsasor or any other party to such aril. Tbeortsasor hereby waive the to object to theappoia of a reoaver acct oaaenes ebu such appointment shall be made ss sn admitted oquity and as a matter of absolute trslu to the Micts~ 14. The abstract(s) of title eoverius the Property shall at aq lima d the tens of this moryase mania in possession of the Martsasa sad is the event of foreclosure or other transfer of title to the Property. all title sad iaterat of tbs irlatsasor m sad to the abstract(s) shall pea to the purchaser or Staatee. I S. U say iastallmeut o! principal sad interest is not paid to the Mort~a,~ee within fdtoea (1 ~ days afar the same beooma dne and payable or if each std every of the Mort~ois proroisa and eovenaau set tott6ut this more and/or the Note ate not ttrU~t sect pro~p~~y ~{ormed. complied with sad abided by. the entire sum of principal and interest secured. by this shall at the option ottee Mort ji~ee become due sad payable is full at oaa u J oripnally stipn4ted to be so paid at arch time anythins in this mortsye or Note to the contrary. 16. U the ownership of the Propertyy or say part thereof beooma vented in a perwe other than the Mortsasor. the Mortsa~ee stay. without notice to the Mortaasor. deal wnt6 :uch suooeaor(s) is intecat with reteteeoe to this m and the Note in the same manner as with the Mortsssor. without ra say way discharsias the Mortpsors liability hereunder or upon say ~bt henby secured. No sale ottee Property and ao torbaratroe on the part of the Mottsasoe or extension !or the payment of the debt hereby secured sbaq operate to release. discbarse. modify. cbanse or affect the orrpeal liability of the Mortpsor either in whole or is part. 17. The arms "Mortpsor" and "Mo "wherever wed is this instrument shall inducts the heir. personal represeatativa. suoaaon and aaisns of the respat~ve parties; the aair number shall include the plural. the plural siraU iodude the :insular and the use of any Bender chap include all Seeders. 18. Name(s) of Mortsasor(s): MITCHELL McCARTY and MAE PEARL McCARTY, his wife 19. County in Fbrida wherein Property a situate sad descriptioe tberoof: LOT 11 and East 5 feet of vacated alley adjacent on West Block 4 ; TUSKEGEE PARK SUBDIVISION, Plat Book 8, Page 74, St. Lucie County., Florida. 20. Rsak or priority of this raortssse: Third Mortgage f9$0 HAY 28 111 ~ 55 2l. Orisinal amount of Note: $ 2 , 800.00 ss"ccil~N~t°~. Maturity of Note: h tQl'fRA Februar~ 15 , 1985 ~xK cneEUt'r ea~ltTo 22 Date Mortssse and ore executed: R;MNtt ~ i a; s' : m _ _ ~ Mey l7 , 19so 48~'~`73 _ _ - - _ : y _ ' , 1, ?vl r ~ t. __~h ci,:C,S~_ _ _ _ Wr r c or gag ) ~ (SEAL) STATE OF FLORIDA ~ (SEAL) couNTY of St . Lucie MA P RL McCARTY, Mort or Heforo tae pctsooally appearod the iadividusl(s) above described u the Mortsasor who executed the foresoio~ UtQr'tssp. well~nown to me. and who acktrowledsed before rae that be (she. thry) a:earted the same for the purpose therein euprsseed. Er,REQp~I have set my band sect oftrdal seal ie said County sad State the date upon which the mortsase was ~~.•K* ~ ~ : ; ~~IY y'~ r 1 ~-s' ••f1 i ~ ii • ~~t 'Z~~ T ~c~ My oomasMSibdsttpira: , t1R t. June 30 1983 BCOK~~ PAGES:ems 1,, ~~,~Lc'',~~`'~