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HomeMy WebLinkAbout2303 .:F 1• ± = ~ s-s2, soy-1 ~ ` Z • • • , • ' ~I2 The Monp~or has under the other provisions of this Mortgage and does hereby assigu to the Mortgagee the rcau of tM Ptuperty provided that the Martp4or shall, Prior to the aocekratioa of the mortpje iadebtedaea as elsr~rhero betsia provided of the llbaadoamaat of the Property. have the right to collect and retain such rents as they become due and payabk. Upon aooekratioa wader the other pwviaoas hereof or the abaadoameat of the Property. the Mo ~a~ee shall be eatitkd to take poasessioa of and mauase tbR Propetyt apdya oolkot the rents of the Property iacludiaj those past due. All rcats~ collected shall be applied fu~st to the payment cache vats of maaa~emeat o[tbe Property and oolkctioa of the rcau sac udiag but not limited to attorney's and real estate broker's fees and ibex to the awn secured by tha Mortgage. The Mortpgee shall be liabk to account only for those reau actually received. 13. Ia the event suit u instituted to toralose this mortgage the Mort~,a~oe shall be entitled at sny time pending such forecloswe to apply to the court having jurisdiction thereof for the appointment of a receiver ofthe properri and aq of the rents. uicomes. ttrofits. issues and revenues thereof from whatever source derived and the court shall forthwith ceppaat such receiver with the usual duties and pourers of receivers is Bite sass and said appoiatmeat shall be made as a matter of strict right to the Mortppee and without refereax to the adegwry of the valve of the Property or the. solvency of the Mortgagor or any other party to such suit. The ortpgor hereby waives then' t to object to the appantmeat of a reoaver and eonsen4 that such apporatmeat slap be tasde ss an admitted equity and u a matter of absolute rtght to tbs Mort`a~ee. 14. The abstract(s) of tick covering the Property shall at all times during the tens of this mortpge remain is posseaioa of the Mortgagee and is the event oilorxlosure or other traruter of tick to the Property, aA right, tick and interest of the MoRp jor m and to the abstract(s) shall pact to the purchaser or grantee. . 1 S. If any inuaUmeat of prirtdpal and interest is not paid to the Mortgagee within fdteen (1 S) days slier the same becomes due and paysbk or J each and of the Mortgagor's romisea and covenants set forthw this mortgage and/or the Note are not fully and prom performed. complied with and bided by, he entire sum of principal and iaterat secured by this mortp shall at the option of the M ~ become due aced psysbk is full st once as if originally stipulated to be so paid at such time notwithstandi =anything is this mortgage or N the contrary. - { 16. If the owner:trip of the Property or any part thereof becomes vested in a person other than the Mortgagor, the Mortgagee may. without notice to the Mortgagor, deal with such :uocessor(s) in interest with reference to this mortgage and the Note in the same manner as with the Mortgagor, without to any way discharging the Mortgagor's liability hereunder or upon any debt hereby secured. No sak of the Property and no forbearance on the part of the Mortgagee or esteaaon [or the payment of the debt hereby secured shall operate to release. discharge, modify, change or affect the orrgrral liability of the Mortgagor either in whok or in part. l7. The terms "Mortgagor" arrd "Mortgagee" wherever used is this instrument shaA include the heir, personal representativea,:uoeessoe and asagns of the respective paruea; thesingular number shall include the plural, the plural shall include the angular cad the use of aay gender shag include all genders. . 18. Name(s) of Mortgagor(s): EARL D. GREENWAY and SYLVIA DISHONG GREENWAY, his wife _ i 19. County in Florida wherein Property is atuate cad description thereof: St . Lucie County The North 80.0 feet of the South 196.5 feet less the East 525.0 feet of the West 4/8 of the East 7/8 of the Southhalf of the SE 1/4 of the. SW 1/4 of Section 34, Township 35 South, Range 40 East; and~ttie North 86.5 feet of the South 116.5 feet, less the East 525.0 feet of the 20. Rank or priority of this mortgage: West 4/ 8 Of the East 7 / 8 of the SECOND MORTGAGE South half of the SE 1/4 of the SW 21. Original amount of Nou: 1/4 of Section 34, Township 35 South, $6,800.00 Range 40 East. Together with ingress r Maturity of Note: and egress over the following: The November is 1986 South :19.65 feet of the West 60.0 22 Date Mortgage sad Dote esertrted: I' Jul 2 1 8 ~ feet of the East s2s.0 feet of-the y 4, 9 0 West 4/8 of the East 7/8 of .the South ` RsoMt~d~~G~_ptp~~pfT~ half of the SE 1/4 of the SW 1/4 of ow OnCNss"C•tnt.rgrolspanonMprop.r~r, Section 34, Township 3s South, Range I ~ ~uaM To Chapter 7t. t34, Aat~-p~ *~si7pt. 40 East , St . Lucie County, Florida . tlgr! CN~pdt Court, St. Lrttgig. Ger. Rah,. ' ~t~~~a~j Jr 1 ~T RECORbVfR1F1E0_~~_ i. Wi ; EAL) EARL- D. GREENWAY,Mortgagor (SEAL L) STATE OF FLORIDA ) YLVIA DISHONG E AY Mor agor a 6 couNTY est. Lucie Before me persorally appeared the individual(:) above described ss the Mortgagor who executed the foregoing Morf~~ kp~ b me, s and who scluwwkdged before me that he (she, they) eaecutod the same for the purposes therein a:pressed. IN 1 bgve set my hand and official seal in said County and State the date upon which the mortpge was a ~ N~! ''~,r, ` : a~ _.:i• : tit - ~~k.•. ~•3' _ ~ • r, ~ y r , hr,li' ~ - ~ ~ Notary MY~ fx tie 30, 1983 V. . FL's ,,,~,+~a,~,~??~ annx335 P,cE2295 ~ - - - r _ _ µg~~~:~