HomeMy WebLinkAbout0719 ~a.~-T
>
' ~ 5-53,006-3
12. The Mortpgor ban under the other provision of this Mortpge and don hereby aaisa to the Mortgagee the reau of the Ptopesty
provided that the Mortp,gor shall. prior to the aoakratioa of the asort
jabs indebtedaae as eberrben herein provided or the abandoaaseat o~
the Property. bane the right to 0o sad detain such tenu as they beooaae due and payabN. Upon aooekratioa wader the other provisions
hereof or the abaadoameat of the Property. the Mortgagee shs31 be entitled to take poaeaioa of and mawp the Property and to ooUeat the
reau of the Property iacluduu~~g those pmt due. AU retw oo bctod shall be applied fast to the payment of the costs of ~os~emeat a[the Property
sad cotiectioa of the renu including but not limited to attoraey"s aa~ nwl estate broketa lees sad then to the wm u~nredby this MortpBe. 7tie
Mortpgee shall be liable to account only for those nau actustiy received.
13. la the event suit u instituted to tor~eclose this mortgage the Mort~a~ee shall be entitled at nay tiasepanding such fondosure to apply to
the court having juriadiaioa thereof for the appointment of a noeiver ofthe property and all of the teats. incomes. txoGu. issues and rareaua
thereof from wlutever sours derived sad the court shall forthwith appant such receiver wiW the weal duties sad power at receivers in tike
cases and said appointment shall be made a a matter of strkt right to the Motf~g~ee sad without rdereaoe to the adegwry of the value ottee
PropeAy or the solvenry of the Mortgsgor or nay other party to sab snit. 'ILe Moor hereby waives the ~t to object to the spporstmeat •
of a reoaver and coweau that such appointment shall be made as as sdmitted equity and as a matter of a6solvle r>sht to the I?lartpgee.
14. The abstract(s) of title covering the Property shall at all lima dnrthe tens of thes mortgage remain is poaeaion of the Mortgagee
sad is the event of foreclaure or other traa:fer of title to the Property, aQ • title sad iaterat ottha Mortgagor m and to the abstract(s) shall
pass to the purchaser or grantee.
1 S. If nay intall~neut o? principal and interest a not p~id~o fhe Mo-
rt~,a~ee wrthm`Titt~a (I S) days after the same becomes due and payable
or J each sad every of the -M ~s promise and eoveaaats set fa~hm this mode sad/or the Note era not fully and pomptl~r
performed, complied with sad abided by. the entire snm o[ principal and interest secured by this shall u the option o[the Mort~pgee
become due sad payable in full at once ss Joripnally stipu4ted to be so paid at such time anything in this mocigage a Note to
the contrary.
16. U the ownership o[ the Property or nay part Cheroot beooma vented in a penoa other than the MoAgagor, the Mortpgee may, without
notice to the Mongagor, deal wiW such suooessor(s) is iatecat with reference to this mort~e sad the Note is the same meaner as with the
Mortgagor, without is nay way dischugiag the Mortgagor's liability bereuader or upon any debt hereby secured. No sale of the Property and no
forbeannoe on the put of the Mortpgoe or extension for the payment of the debt hereby secured shall operate to release, discharge, modify.
change or affect the onginal liability of the Mortpgor eitba is whole or in part.
17. The terms "Mort$agor^ sad "Mort 'wherever used is this iasttuaseat shall indude the heirs, personal repraenutives, successors
and assigns of the respo~ve psrties; the ~ number shall ipdude the plural, the plural:haU indude the singular sad the we of nay gender
shag include all genders.
18. Name(s) of Mortgagor(sk
JESSIE SNELLING and BINNIE SNELLING, his wife ~
19. County in Florida wherein Property sr situate and description thereof: ST . LUCIE COUNTY
Lot 17, Block 3, of SUNRISE PARK NO. 1 SUBDIVISION, as per plat ~
thereof recorded in plat book 8, page 42, of the Public Recoxds ~
of St. Lucie County, Florida.
20. Rank or priority of this mortgage:
FIRST MORTGAGE ~ $~P I ~ AN i~ 3O
21. Original amount of Note:
$4,475.00 p~
Maturity of.Note: fTR4t~a C,Q11~MCR
FIA. ~
September 15 , 1987 vccii ~rw~t SS
22 Date Mortgage and Now executed: CLERK CIRCUFT COUR
~ RECtMtD YE RtillO_ _
September 4, 1980
498885
1 S
¦
Wlt
(.SEAL)
JESSIE SNELLING, Mortgagor
(SEAL).
~ •
STATE OF FLORIDA ; ~ (SEAL
couNnroF St. Luei~~~ BINNIE SNELLING,Mortgag r
Baton: me personally appeared the individual(s) above described as the Mortgagor who executed the foregoing Mortgage,.weU known to me, 1
and who acknowledged before me that he (she, they) executed the same for the purposes therein eiprased. IN WTTN88~~ I have
.sa.,.a
set my band and otl'idal seal is said Connty and State the datb neon which the mortpge was e , ~ y ~P,,
. s: ~
;
y t ~ r~:.~• ~ ~ ~
M com~o~ expir!se; SJune • 30, 1983 ~ -
~ . a
,