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HomeMy WebLinkAbout2981 ~ 5-51, 832-4 t.?~1 sr f . 12.. The Mortptor has under the other prowiom of tl~ Mortp~e sad does bercby assita to the Mortgagee the rcau of the Property provided Hutt the ortgagor shall, ppnnor to the aeoekratioa at the mortgage indebtedness as elsewhere herein provided or the abaadonmeat o~ the Property. have the right to Dolled and retain such reau ss they become due and payabb. Upon aocckrstion under the other provisioro hereof or the absndoameat of the Property. the M shall be eatitkd to Wce possession o[ and manage the Property and to oolkd the reau of the Property including those past due. All rcauo~ shall be applied first to the payment of the costs of management of the Property and collection nt the rcnu including but not limited to attoraey's'aad rt?al estate broker's ka and then to the sum secured by this Mortgage. The Mortgagee shall be liable to account Daly for those reau actually received. 13. lathe event suit u instituted to foreclose this mortgage the Mortpgee shall be entitled at say timeperding such foreclosurs to apply to the court having jurisdiction thereof for the appointment of a receiver oof~the property sad all of the rears. lnwtttes. Drofits. iaua sad revenues thereof from whatever source derived aM the court shall totthwith appaat such receiver with the weal duties and at reoeiv~ers is like cases aad:aid appointment sbW be made as a matter of stria right to the Mortpgee and without rdereaos to the of the vatne atthe Property.or the wlvenry of the Mortgagor or say other party to such suit. The ortpgor hereby waives the n'~t to object to the sppotntmeat o[ a rcoaver sad eomenu that such appoiutmatt shall be made as as admitted egwty and ss a matter of a6wlute ngM to the Irlortgagoe. 14. The abstract(:) of tick covering the Property shall at all times d the term of this mortgage remain in poaasioa of the Mortgagee sad in the event of toroclosure or other traaster ottitk to the Property. apt. title and interest of the Mortgagor rn and to the abetcaet(s) shall pass to the purchaser or grantee. 1 S. It any insuument of principal sad iatsrest u not paid to the Mortpgee within fdteea (I S) days after the same becomes due and payable or it each std every of the Mortpgoc's promi:cs sad oovenaau set forthm this mortpge sad/or the Note are not fully sad prom performed, complied with sad a ' by. the entire wm of principal sad interest secured by thu mo shall at the option of the Mortp become due and payable in full at once s: if originally stipulated to be so paid at snch time iag anything is this mortgagee or Note to the contrary. ' 16. If the ownership of the Property or say pert thereof becomes vested in a person other than the Mortgagor, the Mortpgee may, without notice to the Mortgagor, des! with such successor(s) is interest wiW reference to this mortgage and the Note to the same manner as with the Mortgagor. without rn any way discharging the MortgagoPs liability hereunder or upon say debt hereby sscurod. No sale of the Property and no forbearance on the part of the Mortgages or exterwon for the payment of the debt hereby secured shall operate to release. discharge, modJY, . change or aged the original liability oI the Mortgagor either is whole or in part. 17. The terms "Mortgagor" and "Mortgagee" wherever wed is this instrument shall include the heir, personal rcpreseatativea, soooesson and assigns of the respective parties; the singu4r number shall indude the plural. the plural shall include the singular and the use of any gender shag include all genders. Ig. Name(s) of Mortgagor(s): _ Margaret A. Kueker, an unmarried woman 19. County in Florida wherein Property is situate and description thereof: S t . Lucie Lot 6, in Block 3, of CROSS TRAIL SUBDIVISION, according to the Plat thereof recorded in Plat Book 7, at Page 39; of the Public Records of St. Lucie County, Florida. 20. Rank or priority of thk mortgage: Second Mortgage - 21. Original amount of Note: SAY 28 ~ i~ ~ 0 $1,475.00 Maturity of Note: ~tLEp s FC September 15, 1985 ~t~{l'~a~u r~ A' ER PO{TRA 22. Date Mortgage and Note executed: Cltt6tll? j ~ ' May 14, 1980 I ~ 48'T~7S , • iii.=,~ ~ _ - :--y ~ _ i Witnesses: ~ ~ Marg t A. Rucker, Mortgagor (SEAL) STATE OF FLORIDA ) , couNTY of S t . Lucie Before me personally appeared the individual(s) above described as the Mortgagor who executed the foregoing ia!jQrtpge, 3uto~r tome, and who acknowkdgod before me that be (she. they) execuud the same for the purposes therein a:pressed. IN W~jjdF~99 ~ ~i~have set my hand and official seal in said County sad State the date upo~a which the mortgage wu executed. - - ~y ,~}'~~tiy ~1~ ' 1e~1 f' it r. ~ ai _ 1~'S , -~~Q7~~ ~ at _ N ~~'~i ~ 'rte j . Myoommr~rjap June~~3~,'~'1983 iNi _ f, C ~1~`~', ~ t 8331 P~~E~~1 ~ . -,y