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5-53,158-2
12. The Mortj~ysjqq~~ has ttgllet toe other provisions o! this Mortpjs sad does hereby sssip to the Mort
ja,ee the rcau of the Property
provided that the bf~tpsor shall, ppnnor to the aooekratioa of the mortpje irdebtedaen a elsewhere herein provded or the abaadoaaxat o~
the Property. have the rijht to collect and retain such rcau a they become due and payabb. Uppoon aooektatioa under the other provision
hereof or the abatdoameat of the Property. the M sbaU be eatitkd to take pasession o(aad manes
je the Property and to collect the
rcnu of the Property iacludina~j those put due. AU rcauoo shall beapplied first to the payment olthe cosu of meet o[the Property
and coUeaioa of the rcau iacludia
j but not limited to attorney's sad realesute broker's fees and rhea to the sum s~xured by this MortU,aSe. The .
Mortp
ja shall be tiabk to aorouat only for those reaU aautUy received.
13. la the evtat iYll is iastitYted t0 forccbee this mOrl ja
je the MOtip~ee shall be eatitkd at any time perdiaj such foreclaurc to apply to
the court haviaj jurisdiction thereof for the appointment of a receiver of the property and all of the rcau, incomes. profits. ipuea and revenues
thereof from whatever source derived and the court shall forthwith a t such receiver with ebe usual duties and wets of reosivers is like .
ases and said appointment shall be made as a matter of stria rijht to the MoAp,~ee and without reference to the a~uary of the value of ebe
Property or the solveary of the Mortp
for or any other party to such suit. The Mortpdor hereby waives the ri~bt to ob~ea to the appa'atment
of a rconvsr and eoasenu that such appointment shall be made as as admitted egwty and as a asatter of absolute njht to the I?tortia~ee.
11. The abstract(s) o! titk coveria
j the Pwpetty shall at all bates durinj the tens of tbi: mortpje remain is possession of the Mort
ja fee
and in the event of [orcclaurc or other transfer of titk to the Property, all rijht, titk and interest of the Mort
ja
for m and to the abstract(s) sbtU ~
pass to the purchaser or jraata.
1 S. It any iastaUmeat ~f priaapal and interest is not paid to the Mortp~ee within fJtoea (1 S) days after the same becomes due and payabk
or J each and ere oI the Mortp~ois promises and oovenanu set Iorthw this morty~e and or the Note are not fully and promptly
performed, compli
d with and abided by. the satire sum of priadpal and interest secured by this mor~tp~e shW at the option of the M
tb~e
oont nand psyabk in full at once as J oripaaUy stipulated to be w paid at such time notwitluundie~ aaythia8 in this mortpSe or
N~oteUto ~
~Y• ;
16. if the ownership of the Property or nay part thereof becomes vested in a perwa other than the Mortpjor,the Mort
jajee may, withont
notice to the Mortpgor. deal with such sucoes:or(s) ra iriterat with rekreaoe to this mortpje sad the Note is the ume roamer as with the
Mortpjor, without in any way dischar
jinj the Mortp
jot's liability hereunder or upon any ddeebt hereby secured. No sak of the Property and ao
forbearanoq on the part of the Mortpjoe or exurwon for the payment of the debt hereby secured shall operate to rckase. discbarje, modify,
cbanje or affect the orijinal liability of the Mortjajor either in whok or is part.
17. The arms "Mort~ajor" and "Mo "wherever used in this instrument shall include the heir, personal representatives. snooason
and assijas of the respa~ve parties: the sin t number shall indude the plursl, the plural shall include the sinjular and the use of any fender
shall include all fenders.
18. Namc(s) of Mortpjor(s):
JOHN C. WASHINGTON and EUNICE WASHINGTON, his wife
19. County in Florida wherein Property is atuate sad description thereof:- ST . LUCIE COUNTY
Lot 2, of SHERATON PLAZA, UNIT TWO REPEAT, according to the Plat
thereof as recorded in Plat Book 16, at Page 2 of the Public Records
of St. Lucie County, Florida.
I
20. Rank or priority of this mortpje: SEP 25 ~ i~~ 39
THIRD MORTGAGE
21. Orijinal amount of Note: FIlEO ~.NC FECOkOFO
$1, 6 2 5 .00 ST. l~ IE COUN TY. FIA.
Maturity of Note: C ERiGt C RCU T
CST
February 15 , 1986 ~E~oon ~-l R~«s ~ . - _ .
22. Date Mortjaje sad Note executed:
September 15, 1980
500850
k~
€ .
wit
1
(SEAL)
OHN C. WASHINGTON, M tgagor
(SEAL)
, ~
STATE OF FLORIDA ) . ~ g.Aj,3 i
couNTY of St . Lucie EUNICE WASHINGTON, Mort got ~
&!orc me personally appeared the individual(s) above described as the M ~ f
ortp for who exearted the torejvioj ~lart~sp;weU knows to me, .
~ sad who aclwowkd jod before me that be (she. they) a:anued the same for the purpaea therein exp~+aedi iN, J~~I'pfQ bA?IiRREOF 1 have
set my band sad officisl seal is said County and State the date upon which the mortpje watar~uld,t ~ ` = ; ,
~
f ~
' _ ? f i.•.
My oo
"lmmud~
.oa~expirc:: ~ ~ t'~`~''_~ -
June 30, 1983 - • w . .
. w
(~R P~GE~~ ~ yv rl~~~~~?~` `
BO'JK th7~7 . ' " '
_