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HomeMy WebLinkAbout1351 5 51,932-2 ~ .t:~ .J r'' i 1L The Mortp~or hu order the other provision of this MottpBe and don hereby assija to the Mortpt~ee the reau o[ the Property provided that the Mort~or shall, ppoor to the aoakra~oa o[ the mort~a~e iadebtedaesa as ebewltere bereis provided or tAe abaadoameat o~ the Property. have the right to collect and retain such rntu a they become due and payable. Upon aocekatioa ttader the other provision hereof or the abaadoameat of the Property. the M pie shall be entitled to take postastoa of and maaa~e the Property and to ooUxt the reau of the Property iacludiat those pau due. All reauo~collected shall be applied lust to the payment of the oats of a~aaa~emeat of the Property and collection of the renu ' udiag but not limited to attorney": and real eaute broker's fees std then to the sum o red this Mo Martgagec shall be liable to accauat only far those renu actually received. ~ rtg~e. Tbt 13. la the event suit u instituted to iorecloee thu mortgage the Mort~a~ee shall be entitled at any time peadia j such foreclouure to apply to the court having jurisdiction thereof for the appointment of a receiver ottlie property and all of the rents. iaoomea. nafiu. iques and terenua thereof [tom whatever soura derived and the court shall forthwith a t such receiver with the weal duties and powers of receivers in like cases and said appointment shall be made as a matter of strict right to the Mort=a~ee and without retereaoo to the adegwcy of the valor oltbs Property or the solveary of the Mortgagor or nay other party to such suit. The orlgagor hereby wawa the ri t to object to the appo~ntmeat of a ceoetver and ooasenu that such appointment shall be made as an admitted equity and as a matter of a~lute nght to the Mortsapee. 14. The abstract(s) of title covering the Properly shall at all lima during the tens of this morlgage remain in possession of the Mortpgee and is the event of foreclosure or other transfer of title to the Property, all right. title and interest of the Mortgagor m and to the abstract(s) shall pan. to the purchaser or graata. ; 1 S. U nay installment of principal and interest u not paid to the Mort~,a~ee within fdtoen (1 S) days after the same becomes due and payable ~ or if each and every of the Mort~ois promises and oovewats set forthm this mortp~e and/or tba Note are not folly and prom performed, complied with and abided by, the entire sum of principal and interest secured by tlw mo shall at the option of the M bbexcoome due and payable is lull at once as if originally stipulated to be so paid at such time notwitlntisr~ anything in this mortp~e or Note to the contrary. . 16. It the ownership of the Property or any part thereof beooma vestod is a person other than the Mortgagor, the Mortgagee may, without notice to the Monpgor, deal with such :uoaessor(:) is intenat with re[erenoe to this mortg~e and the Note in the same manner as with the MortP6or, without in nay way discharging the Mortgagor's liability hereunder or upon nay debt hereby secured. No sale of the Property and no forbearance oa the part of the Mortpgoe or eaterwoa for the payment of the debt hereby secured shall operate to r+ekase, discharge, modify, change or affect the ongiaal liability of the Mortgagor either in whole or is part. 17. The terms "MonQgor` and "Mort "wherever wed in thu irr:tnimeat shall include the hCirs, personal repraeatatives, successors and assigns of the respective panics: the siapgu~ar number:hall include the plural, the plural shall include the singular and the use of any gender , shall include cell genders. la. Name(s) of Mortgagor(s): RUBY MAE YORE, formerly known as RUBY MAE BEARD, also formerly known as RUBY MAE WALLS BURGER, also formerly known as RUBY MAE BURGER, joined by her husband,RALPH W. YORE 19. County in Fbrida wherein Properly is situate and description thereof: St . Lucie COUnty Lots 9 and 10, in Block 8, of BILTMORE PARK SUBDIVISION according tc~ the Plat thereof as recorded in Plat Book 4, at Page 52, of the Public Records of St. Lucie County, Florida. 20. Rank or priority of this mortgage: THIRD MORTGAGE -4 ~ 30 21. Original amount of Note: $2,125.00 tl~EO,~,rs~ Maturity of Note: S UC CO iY. A. April 15 , 1986 ] 22. Date Mortgage and Note executed: NECOPIt yfRtft[0 May 28, 1980 ` 4~~5~9 Witnesses: UBY E YORE, M tgagor (sEAL) . (SEAL) STATE OF FLORIDA ) (SEAL s COUNTY OF St . Lucie )'s' , ortgagor Before me persoaagy appeared the individual(s) above described as the Mortgagor who e~recuted the foregoing Morlg~, well Icnowa tome, sad who ackaowkdged before me that he (she, they) executed the same for the purposes therein expressed. IN ~ ~ ~~I~REOF I have set my hand and official seal in said County and State the date upon which the mortpge was e~tecuted. • ;tti~.:~, ~ tr ~,.r, . . r Y',s i~'..,• a,. 'f • Notary ~C..~ . • ~ y d , ~ June 30, 1983 ~ P3~E~L~ ` . y. ~:i 11