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5-51,835-7
12. The MortpBor !us under the other provisions oI thit Mortpse sad dos hereby assi~tt to the Mortgagee the recta of the Property
provided that the ortgagor shall, ppnnor to the aooekrstioa a[ the mortpge iadebledaeaa ss elsewhere herein provided or the absadottmeat o~
the Property. have the nght to eoUea and rcuin such rash as they become due and payabk. Upon aooekretioa under the other provitioas
hereof or the abardonmeat of the Property. the Mort thaU ~ celled to take poeaeastoa oI std maaa~e the Property and to coUeet the
real: of the Property iacludu~ those put duce. All rents eo pp6ed first to the payment of the cost: of raartagemeat of the Pro
sad ooUeaioa of the rents iaciudia,e but cot limited to atton~s and roal aWe broker's fees sad then to the sum secured by tbu Mortp~e.
7~be
Mortpga shall be liabk to account only for Woes teats actually ttioeived.
! 3. la the event suit is instituted to toreclae this mortgage the Mort~ee shall be entitled at say time pending such forecbsun to apply to
the court having jurisdiction thereof for the appoiatrttent of a reoeiv~er ofthe aroperty sad all of the rents, incomes. profiu. issues sad rereauea
thereof irom whatever sourer derived and the court shall [orthwith appoint such receiver with the usual duties sad powers of reoavers is like
cases and said appointment :ball be made as a matter a1'striet right to the Mottp~ee sad wiWout rstereaoe to the cede. gwcy o[ the vahre a[the
Property or the solvency of the Mortgagor or any other party to such suit. The Irtortpsor berrby waives the ritbt to object to the sppantmeat
of a receiver sad eonseau thu such appaatmeat shall be made as sa admitted equity and as a mss of absolute ngM to the M~tp~ee.
!4. The abstract(s) of title revering the Property shalt at all times dttriag the term of this mortgage remain in possession of the Mortgagee
sad is the event of foreclaure or other treader of title to the Property. all right, title and interest of the Mortgagor m and to the abstract(s) shell
pass to the purchaser or grantee.
1 S. If any insuUmeat of principal sad interest is cot paid to the Mortp~ee within fifteen (1 S) days after the name becomes due sad payable
or i[ each sad eve of the M or9 promises and eovetlants set ~orthm tltis rtp~e and/or the Note are not fully sad promptly
performed. complieryd with sad aM~de~ by, the entire snm of prindpal std interest socured~ by this mo~!~ shall at the option of the MaASa~ee
become due and payable in full at once as JotipoaUy stipulated to be so paid at such time notwitlatatnamE anythinS in this mortss~e or Note to
the contrary.
16. if the ownership of the Property or any part thereof becomes vested is a person other than the Mortgagor, the Mortgagee may. without
notice to the Mortgagor. deal with such suooessor(s) in interest with reference to this mortgage and the Note is the same manner a: with the
Mortgagor, without rn any way discharging the Mortgago>"s liability bereusder of upon any debt hereby secured. No sale of the Property sad no
forbearance on the part of the Mortgagee or extemton for the payment of the debt hereby secured shall operate to release, discharge. modify,
change or aRoct the ongrnal IiabiGty of the Mortgagor either in whole or in part.
17. The terms "Mortkagor" and "Mortgagee" wherever used in thu instrument shall include the heirs, personal represenutivea, snooea:ots
and sssign3 of the respective parties; the singular number shall include the plural. the plural shall include the:,ngular and the use of any gender
shall include all genders.
l8. Name(s) of Mortgagor(s):
NANCY L. JONES joined by her husband, DAVID L. JONES
19. County in Florida wherein Property is sitwtc and description thereof: St . Lucie
Lots 33, 34 and 35, Block 47, San Lucie Plaza, Unit 1, as per plat
thereof on file in Plat Book 5, at Page 57 of the Public Records
of St. Lucie County, Florida
Z0. Rank or priority of this mortgage:
First Mortgage 1980 i~AY 28 Ate ~ 55 '
21. Original amount of Note: •
$12,625.00 ft«o""oi- ~
Maturity of Nou: ~ltOGERC OITRA A
January 15, 1987 ~+c ctRC.xT eeu'Jp
22. Date Mortgage and Note executed: RF6dN tC;tlf;_+;_
May 15, 1980
48'7'7`74
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Witnesses
~ N S,Mortgagor (SEAL) e
i
(SEAL)
STATE OF FLORIDA ) ~ (SEAL)
couNTY oFSt. Lucie DAVID L. JO Mortgagor
13etore me personally appeared the individual(s) above described as the Mortgagor who executed the foregoing Mortgage welt ]crown to me,
sad who acknowledged before me that be (she. thry) executed the same for the purposes therein expressed. lPj. w~=g P~~ I have
set my bard and official seal io said t:onnty and Sute the date upon which the mortgage was executed. M%'~~~;~~. ,...a.;*'~`.
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y ~ June 30, 1983 PuCE~~v „r ~ ~,1r~,~ ~ ~ ; ~ ~
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