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5-53,165-7
12. The Mort by the other provisions of this Mortpge sad dos
wrel~r hereby assign to the Mortgages the recta o[ the Property
provided that the ga pnor to the aoakratioa of the mortgage indebtedness u ehxwbere beceia provided or the abaadonmeat o~
the Property. have the right to eolka and retain:ucb rears u they beooma due and payable. Upon aeoekatioa under the orbs provisions
hereof or the abaadoameat oI the Property, the M shaA be entitled to take possession o[ sad ataaa~e the Property and to collect the
rcau of the Property iacludura~g those put due. All reau oo shall be applied Oust to the paymeae of the ooau of meat oltha Property
sad oolloction of the reab including but sot Waited to attorney's sad real state broker's fees sad then to the sum secured by tlw Mott
ja~s.'Itie
Mortgages shat! be liable to account only for those teats actually received.
13. In the event suit u instituted to foreclaae this mortgage the Mort~,a~ee shall be entitled at say time peadia
j such foreclosure to apply to
the court having jurisdiction thereoffor the appointment of a receiver ofthe trroPmtl? sad all of the rents. iaooma. txo~f
ts. issues sad torenuq
tbereol from whatever souroe derived sad the court shall lorthwiW appaat such receiver with the weal duties and powers at reoeiven is like
uses sad said appoiatmeat shall be made u a matter of stria right to the Mott~,s~ee sad without refereooe to the adequary of the value of the
Property or the solvency of the Mortgsgor or say other party to srrcb suit. The l~lortpaor hereby waives the risbt to ob,~ect to the appaatmeat
of a reeerver sad ooraeats that such appoiatmeat shall be made u an admitted egwty sad u s matter of a ute rrght to the MartpSee.
14. The abstraa(s) of title covering the Property shall at all times d the term of this mortgage temaia is possasioa of the Mortgages
sad is the event of fgreclaure a other traufer of title to the Property. aU~rrg~t. title sad iaterat ottbe Mortgagor m sad to the abstract(s) shall
pas: to the purchaser or Branca.
1 S. If say instalimeat of principal and interest a cot paid to the Mortp~ee writhin CJtaa (1 S) days after the same becomes dne sad payable
or J each sad eve of the Mort~or': romisea and eovenur4 set forth m this mo~a~e sad a the Note are not fully sad promptly
performed, compl
d with sad abided by. the entire sum of prinapal and interest secured by this mortp~e sbsU at the option of the Mort~s~ee
become due sad payable in [uU at once u if originally stipulated to be w paid at such time aotwitlh~aaadinS saythinS is this mortpRe or Note to !
the contrary.
16. I[ the ownership of the Property or any part thereof becomes vested in a person other than the Mortgagor; the Mortpga may, without j
notice to the Mortgagor. deal with such :uocessot(s) is interest with reference to this mortgage sad the Note is the same manner u with the
Mortgagor, without in any way discharging the Mortgagor':liability hereunder or upon any debt hereby secured. No sale of the Property sad no
forbearance oa the part of the Mortgagee or exteas,oa for the payment of the debt hereby secured shall operate to rekue, discharge, modify,
change or affect the original liability of ibe Mortgagor either in whole or is part.
17. The terms "Mortgagor" and "Mortgages"wherever used is this in:ttumeat shall include the heirs, personal representatives. auooesaors
and assigns of the rcspectrve parties; the sragular number shall indude the plural, the plural shall include the singular sad the we of say gender
shag include all genders.
18. Name(s) of Mortgagor(s):
- }
JAMES DOWD, an unmarried man
19. County in Florida wherein Property k sitwte sad description thereof: ST . LUC IE COUNTY
Lot ].8, Block 139, LAKEWOOD PARK UNIT 11, as per plat recorded
in Plat Book 11, Page 32B, of the public records of St. Lucie
County,. Florida.
m. Rank or priority of this mortgage: ~ ~P 25 ~ 39
Second Mortgage
21. Original amount of Note: Si
ItKIE~C01M
~ ! ~ .
$3 , 325.00 Rot3ER POITRAS
Maturity of Note: CLERlI CtRClM1 COURT
November 15, 1985 ~~"n~~n`.f-RrF~~n _
22. Date Mortgage and Note executed:
September 16, 1980
X00849
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witnesses , /
.(SEAL)
JA S DOWD, Mortgagor
(SEAL)
~ STATE OF FLORIDA )
couNTY of St . Lucie ,
Before me persoaaUy appeared the individual(s) above described ss the Mortgagor who executed the foregoiq~, ~ kagwo to me.
and who acknowledged before me that he (she. they) executed the:ame for the purposes therein expressed.;lf~ ~ ~~F~?F 1 have
set my hand and otticial seal in said County sad State the date upon which the mortgagee wu , . - ^ . ~r .
4.~ •
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H- tl ~ Nofary ~ -
My COOS June ~ 30 1983 fi~f~Z(] '
' P~?GE~~ t
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