HomeMy WebLinkAbout1202 A+~"
. 5-53.171-5
~ ,
12. The Mortgagor bas Mader the other provision of this Mortp~e std does hereby assign to the Mortgagee the tens of the Property
provided that the Mortgagor shall, pnor to the acceleration of the mortgage iadebtedaess as elsewhere herein provided of the abasdoomeat o~
the Property. have the right to collect and retain such teas as tbry become due and payable. Upon aoodentioa coder the other provaioas
hereof or the abardoameat of the Propet~y. the Mart;cp+sgee dsball be eatitkd to fate possession of and asaos~e the
teas of the Property iaclud~n~ those pau due. Au «ats shall be applied first to the y and to collect the
and oollectioa of the teas iaciudiap but not limited to attorney's sad ral estate broter's t sad
~ to the swo~!A!!~}C°~ of tha Property
Mortgagee sbaU be Wbk to account only !or those teas actually received. '~°'W ~ ~ MortSape. The
13. Ia the event suit is instituted to foreclose this mortgage the Mort
ja~ee shsU be entitbd at any time pendioj sneh toredoeure to apply to
the court having jurisdiction thereof [or the appointment o[ a receiver of tbe_ property and cell of the rents. iaooma. ttroGa. itsua sad revenues
thereof from whatever sours derived sad the court shall forthsmh appwat such receiver with the carol duties asd p d receivers io life
cases sad said appointment shall be made as a matter of strict right to the Most~s~ee and without rder~eooe to the adeq~r o! the vahte atthe
Property or the sohKary of the Mortgagor or say other party to such suit. The angagor hereby waives the n'~ to ob~eet to the appp~tmeat
of a reoetver sad consent: that such appointment shall be made as as admitted equity and as a matter o(* a6eolute r>sbt to the Mattyspee.
11. The abstract(:) ~ tick covering the Property shall at au times d the term o! this mortgage remain is of the M
and is the event of foreclawre or other transfer of title to the Proparty, cell ri tick sad intesest of the Mortgagor mthe abatract(s)ihau
pass to the purcbasa or grantee.
1 S. If say iastaumeat of priaapal sad interest is not paid to the Moct~~ee within fJtoea (1 S) days aPoer the same becomes due and payable
or J each sad every of the M lrt~stor^s promise sad ooveaana set forthm this sad/or the Note are oat fuuy and promptly
performed. complied with sad a tided by. the entire snm of principal and interest aecur~ed~ sbsu at the option of the M _ _
one due sad payable is [uU at once a: if originally stipulated to be so paid at such time anything is this mortppe or
Note
W
the contrary:
l6. If the ownership of the Property or say part thereof becomes vestod is a person other than the Mortgagor. the Mort
jssee may, without
notice to the Mortgagor. deal wrath such successor(s) is interest with rekreaoe to this mort~e sad the Note is the same manoer ss with the
Mortgagor. without is say way discharging the Mortgagor's liability hereunder or upon say debt hereby secured. No sale o[tbe Property sad ao
forbearance oa the pan of the Mortgagee or e:teasioa for the payment o[ the debt hereby socwed shall operate to release. discharge, modify.
change or affect the ongiaal liability o[ the Mortgagor either in whole or is pan.
17. The terms "Mortgagor" sad "Mortgagee"wherever used is thk instrument shall include the hefts, petsooal representatives, suooerson
sad assigns of the respective parties; the singular aumbec shall include the plural. the plural shall include the sin
jular aaa the we of say peader
shall include cell genders.
18. Name(s) of Mortgagor(s):
JAMES MARSHALL ROSS and VIOLET ROSS, his wife
19. Cbuaty is Florida wherein Property is situate sad desaiptioo tbereop ST . LUCIE COUNTY
The East 90 feet of Lots 28 and 29, Block 25, INDIAN RIVER ESTATES,
UNIT FIVE, according to the Plat thereof recorded in_Plat Book 10,
Page 58, Public Records of St. Lucie County, Florida
Z0. Rank or priority of this mortgage:
FIRST MORTGAGE
2l. OrigiaaFamount of Note: 1980 $EP 25 AI'i 53
$6, 575.00 FILEO ~Hf. FCCOi~GEO
~ Maturity of Note: ST_ lUC COUNTY. Fl A.
June 15 , 1987 ROG~R POITRAS -
CIfRK CIRCUIT CGiJAI
22. Date Mortgage sad Note e~ecutod: - _ •
~ September 17 , 1980 rtELea~ vFF+~ SFr. _ _
I
~ access
~ -
Wi - ~ -
d~~~
(SEAL,
JAMES MARSHALL ROS ,Mortgagor
(SEAL)
STATE OF FLORIDA ) ~
couNTY of St . Luciefa'' ~ 4`.~SEAL)
E VIOLET- S ..ROSS Mortge~~*°;~ . ,
B+dore me perwaaUy appeared the irdividuaq:) shore described as the Mortgagor who esearted the taegoiog, ~ Nr,; a .,i+, - ~ :a ~
sad who ackaowkdged before me that be (she. tbry) ezccutod the same for the putpoees tbereia expressed. ~ I dK
set my bard sad official seal in said County and State the date npoa which the mortgpge was exeaaed.,` ;
~~t•.'. _ ~~t;
~
L ~.i ~ -
~r! .
t:,~,V~~
s N ~
~
My commisa6a eipires: ~ June 30, 1983 _ ~ F~