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HomeMy WebLinkAbout0470 J { € ; : ~ 5-52,187-2 12 The Mortp~or bas under the other provisions o[ this Mortgage sad dos hereby assign to the Mastgape the heats o(the Property providod that the Mortp~or shall, prior to the aoakntioa of the awrt~a~e iadebtedaeu u ebe~rbere herein provided or the abudoameat o~ the Property. have the right to collect and retain such rents u they become due and payabb. Upon aooekratioa under the other provisiera hereof or the sbardoameat of the Property, the Mo~sbaU be entitled to take posseuioa of and maaape the Property sad to collect the rents of the Property iacludiag those put due. All rea4 0o shall be applied fins to the payment of the costs of maaagemeat ottbe Property and oolkctioa of the rents iacludiog but not limited to attorney's and coal estate broker's tees and tbea to the sum secured by this Mort~e. The Mortpgee :baU be liable to sooouat only for those rents actually received. 13. la the event suit is ia:tituted to foreelate this mortgage the Morya~ee shag be entitled at any time peadietp such foreclosurs to apply to the court having jurisdiction thereof for the appointment aI a noeiva oftlie property and all of the rents. iaooraea. profits. iauea and rereoua thereof from whatever source derived sad the court shall forthwith appomt such receiver with the wtial duties and powers of reoeiven is like cases sad said appointment shall be made u a matter of stria right to the Mortp~ee sad without referuoe to the adegwry of the value ottee Property or the solvency of the Mortgagor or say other party to such suit. The I?dortpsor hereby waive the n'~ht to ob,~ect to the appo~ntnxa o[ a reoerver and consents that such appointment shall be made u as admitted equity sad u a matter of a6solnte rrjht to the Martpapee. 14. The absttaa(s) of title covering the Property shall at all times d the tens of this mortpge temaia is Possession of the Mortgagee sad is the event of toreclosun or other transkr of title to the Property, aU r' t, title and interest ottbe Mortpsor m sad to the abstract(s) shall pass to the purchaser or grantee. 1 S. if any instalment oI principal and iutenat is not paid to the M within fdtaa (1 S) days otter the same becomes due sad payable or J cub srd every of the Mortaaaor's promises and ooveoants set fo in this mort,8a~e sad/or the Note are not fully sad pprroommppttlly~ performed, complied with sad a ' by. the entire sum of principal sad interest secured by tots ~tp~e shall st the option o[the Mortgagee become due sad payable in full at once u Joriginally stipulated to be w paid at snch time notwitlu~tndiaj anythias in this mortp~e or Note to the contrary. 16. U the owaerslup of the Property or say part thereof beooma vested is a person other than the Mortgsgot, the Mortgagee may, without notice to the Mortgagor, deal with such:uocessor(s) is interest wrath reference to this mortgage and the Note is the ume manner u with the Mortgagor. without m say way discharging the Mortpgor's liability hereunder or upon say ddeebt hereby secured. No sale of the Property sad no forbearance on the part of the Mortgagee or exteruioa for the payment of the debt hereby secured shall operate to release, discharge, modify, change or affect the orrgrnal liability of the Mortpgor either is whole or in part. 17. The terms "Mortgagor" and "Mortgagee" wherever used in ibis instrument shall include the heirs. personal repreuatatives, stroceswrs and assigns of the respective parties; the angular number shall iacbde the plural, the plural shall include the singular and the use of say gender shall include all genders. 18. Namc(s) of Mortgagor(s): ELLIOTT FLUNNORY, formerly known as ELLIOTT SUBER, an unmarried man, individually and as trustee. t9. county in Florida wherein Property is situate and description ebereoL ST . LUCIE COUNTY Lots 9 and 10, Block 2, CLYDE KILLER'S ADDITION, less rights of way, according to the Plat thereof as recorded in Plat Book 4, at Page 73, of the Public Records of St. Lucie County, Florida. 20. Rank or priority of tbk mortgage: SECOND MORTGAGE 21. Original amount of Note: ~ (9~ ~ w $6,750.00 _ _ . ' ' , ~ I PI~I ~ 06 Maturity of Note: ~ ~ ~IIE~ AA ~ FECt1M0E0 May 15 , 1986 _ _ _ - - , f. s ~ t ~P~i~~nsa. 22 Date Mortgage and Note executed: ~ - ~ U. C~ ' - CLE CIRCUIT CO June 25 , 1980 ~ - - ~ atct,rt~ i~cl~~rt~_ _ _ _ r 491531 r B S t t 1 y Wit / I 0 ELLIOTT FLUNNORY, Mortga r (SEAL) i d d d a ru (SEAL) STATE OF FLORIDA ) . coUNTY oFS t . Lucie . ~ Before me rsonaU a red flit individ gag • ` Pe Y PPa ual(s) above described u the Mort or who executed the fors known to me, and who utcnowlodged before me that be (she. they) executed the same for the therein REOF I have . :n my hand and official seal in said County and State the date upon which mortppe wra ~~u~•~ • ,f ~ .t. s3 f V. . -i. NofafY , My comm~sipr?expira; ,brie 30, 1983 .~f~~~,~' X34 P~ 47'~ y `J ~'i;