HomeMy WebLinkAbout0472 , , . 7f File No . 5- 52 ,167-4
12. The Mortgagor bas under the other provisions of this Mortp=e cad don benby aai8n to the Mort,Bs~ea the teats of ebe Property
provided that the ortgagor shall, pprior to the aooekratioa of the mortgage ia~btedaas as ebxwben herein provided or the abandonment o~
the Property. have the right to collect and retain such vents as they become due and payable. U aeoelarsuoa under tea other
hereof or the abandonment of the Property, the M :ball be entitled to take possession
ants o[ the Property iacludia~ those pmt dun. AU rents oo shall be first to the ~ ~ Y and to collect the i
and collection of the nab iacl but not limited to alt a~~ paY~t of the costs of went of the Properly
udiag oraey's and ral estate broker's fees and then to the sum s~~by this Mortgage. Tea
Mortgagee shall be liable to aopouat ody for theca reran actually received.
13. In the event suit u instituted to foroclose this moctgsge the Mort~a~ee shall be entitled st any time pending such toredosun to
the court having jurisdiction thereof [or the appointment of a receiver of the property and all of the rents, incomes. proCiu. lanes and re~i~e
dues
thereof from whatever source derived cad the court sesll forthwith appeal such receiver with the usual duties and powers of receivers is lilca
cases and :aid appointment hall be made as a matter of strict right to the Mortp~ea and without nfereooe to t>ta adegwcy o[ the valna of the
Property or the solvenry of the Mortgagor or any other party to such suit. The Mortpsor hereby waives the n'~ht to object to tba appaatmeat
of a reoerver cad consent: that such appointment shall be made as as admitted egwty cad as a matter of absolute rrsht to tba MortsaRea.
11. The abstract(s) of title covering the Property shall at all lima d the term of this mortgage remain is popasion of the Mortgagee
cad in the event otloreclasun or other transfer of title to the Property, al! r" t. title cad intarat ottha Mortpaor m cad to the abstract(s) shall
pass to the purchaser or grantee.
1 S. U nay installment of priaapal cad interest a not paid to the MatgaBee within fifteen (1 S) days after the same become dun and payable
or if each and every of the Mort~oh miss and coventMs set fortrthh m this mort~ cad/or the Note are not frilly cad promptly
performed. complied with and abided by, the entire snm of principal and lateral secured by this ~rt~e shall at the option ottbe M
biome due and payable in lull at once as J originally stipulated to be so paid at such time aotwitlh~~aadin8 iaythias in this morya8e ~
the contrary.
16. - If the ownership of the Property or any part thereof beootna vested is s person other tbm the Mortgagor, the Mort
jasea may. without
notice to the Mortgagor, deal with such successor(s) in interest with reference to this mortgage and the Note in the same manner u with the
Mortgagor, without in any way discharging the Mortgagor's liability hereunder or upon any debt benby secured. No sale of the Property and no
forbearance on the part of the Mortgagee or exterwioa for the payment o! the debt hereby secured shall operau to release, discharge, modify,
change or affect the original liability of the Mortgagor either is whole or in part.
17. The terms "Mort~goP and "Mortgagee" wherever used in this instrument shall include the heirs, personal repnaentstives, suooason
and assigns of the respective parties; the singular number shall include the plural, the plural shall include the singular and the use of any gender
shall include all genders.
18. Name(s) of Mortgagor(s):
WADE B. NARRELL and DIANE L. HARRELL, his wife
l9. County in Florida wbenia Propertys situate and description thereoF St . Lucie County
Lot 1, Block 347, PORT ST. LUCIE,SECTION TWENTY-FIVE, according
to the Plat thereof as recorded in Plat Book 13, Page 32 of the
Public Records of St. Lucie County, Florida
20. Rank or priority of this mortgage: .
SECOND MORTGAGE - _ _ 1980 ~ - ~ ~ ~ O9
21. Original amount of Note: ~ _ -
$15 , 900.00 ; - ~ . FILEO AKG FfCtJKOzD
Maturity of Note: _ - ; SLLt1C1E CWNTY.fIA.
June 15 , 1986 - . - ` ' ~ ROGER POITRAS
J i i CLERK CIR~tpT COl1~T~
22. Dau Mortgage and Note executed: - -
June 23, 1980
~915?32
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Witnesses:
(SEAL) }
WADE B. HARRELL, Mortgagor .
~ (SEAL)
}
STATE OF FLORIDA ) (SEAL)
couNTV of St. Lucie)'' - DIANE L. HARRELL, Mortgagor
i
Before me personally appeared the individual(:) above described as the Mortgagor who executed the foregoing Mortgage, well known to me,
~ and who acknowledged before me that be (she. they) executed the same for the purposes therein a:pressed. IN WITI~bSS'NHbt~OF I Gave ~
set my hand sad otFicial seal in said County and State the date npoa which the mortpge was executed. - - A ` :
~ } ' 'J.,
~~.•-r,~ R
-C:
~ :li. ,rv_z.
Notary ~ -t
3z; t~
'r.r
My oo n~ ..dune 30, 1983 RR ' - ~ t.
334 P~ 472 :T :
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