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12. The Mortgagor has under the other provisions of this Mortgage and does hereby assign to the Mortgagee the rcnu of the Property,
provided that the Mortgagor shall, prior to the acceleration of the mortgage indebtedneu u ehkwhere bercim provided or the abandonment of
the Property. have the right to collect and retain such rents u they become due and payable. Upon acceleapon under the other provisions
hereof or the abandonment of the Property, the Mortgagee shall be entitled to take possession of and tmatuge the Property amd to collect the
rents of the Property including those past due. All rents collected shall be applied tint to the payment of tlteAgaNgt tnawgetnent of thrProperty
and collection of the rents including but not limited to attorney's and real Ktate broker's lees and then to the sum secured by this Mortgage. The
Mortgagee shall be liable to account only for those rents actually received.
13. In the event suit is instituted to foreclose this mortgage the Mortgagee shall be entitled at any time pendingsuch foreclosure to apply to
the court having jurisdiction thereof for the appointment of a receiver of the property and all of the rents, incomes, Drofi4, issues and revenues
thereof from whatever source derived and the court shall forthwith appoint such receiver with the uswl duties amd powers of receivers im Glee
cases and said appointment shall be made u a matter of strict right to the Mortgagee and without rcfercaoe to the adequacy of the value of the
Property or the solvency o[ the Mortgagor or any other party to such suit. The Mortgagor hereby waives the right to ob~oct to the appintment
o[ a receiver and consents that such appointment shall be made u an admitted egwty and as a matter of absolute rght to the Mortgagee.
14. The abstract(s) of title covering the Property shall at all times during the term of this mortgage remain in Possession of the Mortgages '
and in the event of foreclosure or other transfer of tick tothe-Property, all right, title and interest of the Mortgagor rn and to the abstract(s):hall
pau to the purchaser or grantee.
1 S. It any instillment of principal and interest is not paid to the Mortgagee within fdteen (1 S) days after the same becomes due and payable
or if each and every of the Mortgagor's promises and covenants set forth in this mortgage andjor the Note are not fully sad promptly
performed. complied with and abided by, the entire sum of principal and interest secured by this mortgage ahaU at the option of the Mortgagee
become due and payable in full at once u rf originally stipulated to be so paid at such time notwithstanding amythimg inthis mortgage or Note to
the contrary.
16. 1f the ownership 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 successor(s) in interest with rcferena to this mortgage and the Note rm the same manner as with the
Mortgagor, without in any way discharging the Mortgagor s liability hereunder or upon any debt hereby secured. No sale of the Property and no
forbearance on the part of the Mortgagee or extension for the payment of the debt hereby secured shall operate to release. discharge, modify,
change or affect the onginal liability of the Mortgagor either rn whole or in part.
17. The terms "Mortgagor" and "Mortgagee" wherever used in this instrument shall include the heirs, personal rcprcsentatives, successors
and assigns of the respective parties; the singular number shall include the plural, the plural shall include the srngular and the use of any gender
shay include all genders.
- 18. Name(s) of Mortgagor(s):
THOMAS HAMILTON and LILLIE MAE HAMILTON, his wife
19. County in Florida wherein Property is situate and description thereof: $t . Lucie COUnty
Lot 10, Block 23, as shown on plat of PARADISE PARK, said plat being
recorded in Plat Book 8, page 17, public records of St. Lucie County,
Florida.
20. Rank or priority of this mortgage:
SECOND MORTGAGE lg$0 AU6 -4 P!~ Z~ 39 -
21. Original amount of Note:
$1 575.00 rIt.EO pKD PECONDi'0
~ 5'.L IE COtltltY.F``A.
Maturity of Note: RO~ER POITRAS
February 15 , 1984 CLERK CIRCUIT COURT Q
22. Date Mortgage and Note executed: RECGRD vERIF1Eb~~~ -
Juiy 26, 1980 X94,984
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THOMAS HAMILT ,Mortgagor
(SEAL)
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STATE OF FLORIDA ) _ YJ ~
couNnroF St. Lucie)u~ LI L E MAE HAM TON,Mortgagor
Before me personally appeared the individual(s) above described as the Mortgagor who executed the forcgoim~ Mbrt ~ yell known to me,
and who acknowledged before me that he (she, they) executed the same for the purposes therein expressed..l}N qiI'~~~ ~1y,REOF I have
set my hand and official seal in said County and State the date upon which the mortgage was exocttt_ - •j'',••'••
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~ ~ otary P~btiR d '
My commiNiort ~p - - ~ • ,
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June 30 1983 a
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A I)R~ Pd~E 133 - .
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