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HomeMy WebLinkAbout0799 ' 5-52584-0 /~D ~i.~t-~Kl_ r , 12. The Mortpgor has under the other provisions of thk Mortgage and does hereby assign to the Mortgagee the rcnu of the Property provided that the Mortgagor shall. prior to the accckration of the mortgage indebtedness as elsewhere herein provided or tbeabaadonmeat o~ the Property. have the ngbt to collect and retain such reau as they become due and payable. Upon sooebragoa usder the other provisions hereof or the abandonment of the Property. the Mortgagee~shaq be entitled to tike possession of and manage the Property and to collect the rcnu of the Property including thou past due. All rcnu colt ed shall be applied first to the payment ottbe costs of tnaaagetneat ottbe Property sad coUoction of the rents including but not limited to attorney': and real state broker's fees sad then to the sum secured by this Mortgage. 71te Mortgagee :ball be liable to account only for those rcnu actwUy received. 13. In the event suit is instituted to foreclou this mortgage the Mortgages shall be entitled at say time pending such foreclosure to apply to the court having jurisdiction thereof for the appointment of a receiver of the property sad all of the rents, incomes. profiu, iuues and revenues thereof from whatever source derived and the court shall forthwith a iat such rooeiver with the usual duties and wen of reoeiven is like cases sad acid appointment shall be made a: a matter of strict right to the Mortgagee sad without reference to the a~uary of the value o[ihe Property or the solvency of the Mortgagor or any other party to such suit. The Mortgagor hereby waives the tight to ob~ea to the appantment of a receiver sad consenu that such appointment :hall be made as an admitted egwty and a: a matter of absolute nght to the Mortgagee. 14. The abstract(:) of tick covering the Property shall at all times during the term o[ this mortgage rcasain is possession of the Mortgagee and in the event of forcclosurc or other trans[er of tttk to the Property, all nght, tick and interest of the Mortgagor to sad to the abstract(:)shall pau to the purchaser or grantee. I S. If say installment ~t principal and interest is not paid to the Mortgages within fdteea (1 S) days after the same becomes due and payable or if each sad every of the Mortgagor's promises sad coveaaau tit forthm tbu mortgage sad/or the Note are not fully and ppromptly performod, eompliod with and abided by, the entire sum of priucipal and interest secured by this mortgage shall at the option of the Mortgagee become due and payable in full at once ss rf originally stipulated to be so paid at such time notwithsta rng anything in thu mortgage or Note to the contrary. 16. It 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 reference to this mortgage sad the Note is the same manner as with the Mortgagor, without rn 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 ucured shall operate to rckau, discharge, modify, change or affect the ongrnal liability of the Mortgagor either rn whale or in part. - IT. The terms "Mort$agor"and "Mortgagee" wherever used in this instrument:hall include the heirs, personal repreuatatives, suooeswrs and assigns of the respective parties; the singular number shall include the plural. the plural shall include tbe:;agu4r and the use of say gender shall include all genders. 18. Name(s) of Mortgagor(s): SAM ANDERSON and ANNIE ANDERSON, his wife 19. County is Florida wherein Property is sitwte and description thereof: S t . Lucie COUnty Lot 20, in Block 2, of AUGUSTA SUBDIVISION, according to the Plat thereof as recorded in Plat Book 8, at Page 34, of the Public Records of St. Lucie County, Florida. 20. Rank or priority of this mortgage: Second Mortgage 21. Original amount of Note: ~ •7 ~ ~ 4 $1,625.00 Maturity of Note: FILEO AND F.EC0~0 October 15 , 1984 sTpE~t~~iT TRii?rs~ 22. Date Mortgagt and Note executed: CLERK CUlC1AT Ct~~ RECOF.D ~Tt?t~lEO i - July 31, 1980 ~ 495419 f R 6 a t Wi (SEAL) 3~~.~~I~~~EI~ or gagor 3 _ (SEAL) - Q-~.,,s.,~. (SEAL) STATE OF FLORIDA ) couNTVOF St. Lucie)u~ ANNIE ANDERSON, Mortgagor Before me personally appeared the individual(s) above described as the Mortgagor who executed the foregoing Mortgag~C; will-Imosyoata me, sad who acknowledged before me that be (she. they) cxecutod the same for the purposes therein expressed. IN WT('NE,tS9' ~~~~tve set my band and Official seal is said County and Sute the date upon which the mortgage was executed. ~~•~1` - ~'y .r,s - . ~ Pu $ r ~ My com~ioa expirret . ~ June 30, 1983 1jR PdGf . = ' ~ S ~ A BtN)K~ 'i -~T.' 4- '