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Home My WebLink About1186 ~ S- 53.160- 8 12. The Mortp~oi his under ~tbe other provisions of this Mortgye and dos hereby assign to the Mortpgee the reau of the Property provided that the Mortgagor shall. pnor to the acoekratioa o! the matysge iadebtednea as ehxwbere herein provded a the abnadooment of the Property. have the nght to collect and retain such rents u they become due and payable. Uppoon aeoeleration Hader the other provgioaa hereof or the abaadonmeat of the Property, the M :hap be entitled to take poaeaioa of sad manage the Property and to ooUeet the rents of the Property including those put due. AI! mats oo :ball be applied fiat to the payment of the coWS a(maaagemeat o(the property sad collection of the rears iac udiag but not limited to attorney's and real state brokers fees sad rhea to the sum seonred by this Mortgage.'I'ha Mortgagee :baU be liable to account only for those teats aauslly received. 13. la the event suit is instituted to toroelose tha mortgage the Mortgagee ihall be entitled at say time.perdiagsnch foreclosure to to the court having jurisdiction thereof [or the appointment of a receiver othhe property sad aQ of the rents. incomes. profits. issues sad eevert~ira tbereo[ irom whatever source derived and the court shall forthwith appaot such receiver with the usual duties and p d receivers in Woe cases and said appointment shall be made as a matter of strict right to the Mortp~ee sad without reter~esos to the adegw~ey of the valve of the Property or the solvency of the Mortgagor or say other party to such suit. The Mortgagor here~r waives the n'~t to ob~at to the o(a recsrver sad consents that such appoiatmeat shall be made as an admitted egwty and a a mattes oI ahwltrte ryht to tbe~ 14. The abstract(s) of tick covering the Property shall at cep times d the term of this mottpgt remain is poaestion a<the Mayagee sad is the event of toreclosurc or other transfer of title to the Property. all n~'g t, title and interest of the Mortgagor m and to the abstract(s) shall pass to the purchaser or graatoe. 1 S. [f say irutaUaaeat of principal sad iaterat is not paid to the Mortp~ee within fJteea (1 S) days after the same becomes dne and payable or J each sad a of the Mort~gors promises sad ooveaants set tombm this mot~tga~e sad or the Note an not falyr and p~o~p~ ppeerformed. oomph d with and abided by. the entire sum of principal and iaterat secured by this / shaq at the option dthe M - - becomedue sad bk is full at once a: tf o ' ' °f t~~ pays ns~Y stipulated to be so paid at such time aaythipg in this mortgage a Note to the contrary. 16. it the ownership of the Property or say part thereof becomes vested in a person other than the Mortgagor. the Mortg#gee may, withgrt notice to the Mortgagor, deal with such suooesaor(s) is interest with tefercaa to this mortgage sad the Note in the same manner as with the Mortgagor, without in any way dischugiag the Mortgagors liability hereunder or upon say debt hereby secured. No sale of the property sad ao forbearance on the part of the Mortgagee or eateosion [or the payment of the debt hereby secured shall operate to release, discharge. modify. change or aQect the ongirtal liability of the Mortgagor either in whole or is part. 17. The terms "Mortgagor" and "Mortgagee" wherever used is this imtrument shall include the heirs. personal representatives, seooessors and assigns of the respective parties; the:tagular number shall include the plural. the plural:ball include the singular and the use o(my~es~der shay include all genders. 18. Name(s) of Mortgagor(s): EDWIN B. HOBART and IRENE W. HOBART, his wife !9. County iu Florida wherein Property is situate sad description thereof: ST . LUCIE COUNTY Lot 23, in Block 1 of SILVER LAKE PARK SUBDIVISION as per Plat ' thereof in Plat Book 10,.at Page 4 of the Public Records of St. Lucie County, Floxida 20. Rank or priority of this mortgage: - ~b~ $FP 25 i7~ J~ Second Mortgage ~ 21. Origiaai-amount of Note: ftt.f0 tN~ c;;Cur:::-L $3,675.00 - st~ul:IECa~atTr.rir.. r-- ^ ~ RCSGERPt1tTRA5 Maturity of Note: ~ , _ ` , J-{, k 1 ' - • r CLERK CiRCL~IT Cl)tJR October 15, 1986 - 'N ~ ~t•cc~ti?~P~~:To - ~ 22. Date Mortpge and Note exccutod: _ -~''';,~s~" ~ ~ ~j. 5 5 - ~ i :cr25'3tr a. ~ 'r.'• . ;~P .ey September 17, 1980 l wit (sue-) EDWIN B. HOBART, Mortgagor (SEAL) ~ STATE OF FLORID ) (SEAL') ( couNTY of S Lucie IRENE W. HOBAR~"" fi,~i~br Before me personally appured the individual(s) above described as the Mortgagor who e:egrted. ~ ~ ~ tome. r ~ - sad who acknowledged before me that be (she, they) eaecutod the same for the purposes therein •ll~l F I have set my bard and official seal is said County sad State the date npoa which the mortgage was _e~isp_ q~ed. ~ . ~ f My wa•e;pires:1.: - June 30, 1983 - tUt~~,c~ - • ~t ~ . - 800KJc~ PJVGE~~ Y