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12. The Mortpjor ltu under the other provisions of this Moryajs and dos hereby assija to the Mortjajee the fence of the Property
provided that the MortpBor shall, ppnor to the aooekratioa of the raorya8e iadebtodaess u ebesvhera bereia provided or the abaadoameot of
the Property. have the njbt to eoUea and rcttliu such teats u they beoaae duce and payabk. Upon aeoeleratioa coder the other provisions
hereof or the abandonment of the Property, the M wee shall be eatitkd to take postastoa of and maaa8e the Property aced to collect the
rcats of the Property iacludiaa~j those put due. All reatson collected shall be applied tiro to the payment of the costs of maaa~emeat ottbe Property
and colloctioa of the rcats iacludiaj but not limited to attorney's and ral estate broker's ices aced then to the sum s~xured by this Mortia~e. The
Mortjajee shall be liable to account Daly for those r+eaa actually received. _
l 1. la the event suit u iauituted to foreclose this mort js
je the Mort~,s~ee shall be entitled at any time peadia
j such foreclosure to apply to 1
the court haviaj jurisdiction thereof for the appointment eta receiver of the properttr and aU of the rents. iaooma. profits. iaua aced rereaua ~
thereof from whatever source derived cad the Dotal shall forthwith appaat such receiver with the ususl duties cad powe» of receivers iu like ~
aces cad aid •ppoiatmeat shall be made u a matter of strict ri
jht to the Mottp~ee cad without reference to the adequacy o[ the value of the
Property or the solvency of the Mort
jajor or say other party to such suit. The 16!ortpaor bercby waives the ri,tht to object to the appaatmeat
of a reoetver and consents that such appointment shall be made u as admitted egwty cad u a matter eta ate njM to the Mart~a~ee.
14. The abstract(:) of tick ooveria8 the Property shall at all times d the term of this mortsa~e remain is popession of the Mortta~ee
cad is the event of foreclosure or other tratlsfer of tick to the Property, sU
t~i'
t, tick and interest otthe Mott
jajor m cad to the abstract(s) shall
pass to the purchaser or jraatee.
I S. tf say iastallmeat c+t principal cad interest a not paid to the Mort~,s~ee within fJteea (l ~ days after the same beooma due cad payable -
or J ach cad eve of the Mortp~ors promises cad covenants set forthm this mortp~e cad ~ the Note are not fully cad promptly
per[ortnod. eompli d with cad abided by. the entire sum of principal and iatenat secured by this or~tp~e shaA at the option of the Mort~s~oe
become due cad payable is full at Dace u Dori
jiaally stipulated to be so paid atsuch time aotwitl~aaadr'ns aaythio8 is thu ntottp~e or Note to
the coatruy.
t 6. if the ownership of the Property or say put thereof becomes vested in a person o4ber than the Mortp
jot, the Mort~ee may, without
notice to the Mortgajor, deal with such suooessot(s) in interest wiW referettce to this mortjaje cad the Note is the same manner u with the _
M ort ja
jot, without is say way dischar
jia
j the Mort
jajor's liability hercuader or upon say debt hereby secured. No sale otthe Property cad ao
forbearance oa the part of the Mortgajte or extension for the payaxnt o[ the debt hereby secured shall operate to release, ditcharje, modify,
chanje or affect the onjtaal liability of the Mortjajor either to whole or in part.
I7. The terms "Mortgagor' cad "Mort
ja joe" wherever usodw this instrument sbaU include the heirs, personal representatives, wooawrs
and assigns of the rcspecttve parties: the sttlgular number shall include the plural, the plural sAaU include the sin
ju4r sad the use olany sender
shall include all genders.
18. Name(:) of Mortgg
jot(s):
LILLIAN OWENS, an unmarried woman
19. County is Florida wherein Property is situate cad description thereof: ST . LUC IE COUNTY
Lot 7, Block 4, of IRENE PLAZA, as per plat thereof recorded in
Plat Book 9, at Page 33, of the Public Records of St. Lucie County,
Florida
20. Rank or priority of this mortgage:
- SECOND MORTGAGE ~ ~ 25 ~ ~s
21. Original amount of Note:
$4,475.00 ~ ~f fl
Maturity of Note: s~~~~~1~A.
' July 15 , 1986 txfroc ttltwti ccusT
22. Date Mortpge cad Note executed: RAC ,RAJ ~'~R:F'.EC_
li September 16, 1980
SUU85~'
f
Witnesses-
.
i
(SEAL)
LILLIAN OWENS, Mortgagor - - -
(SEAL)
~ _ , t
STATE OF FLORIDA ) _ :
;
~ couNTY of St . Luc iq~'• . "
Betorc me personally appeared the individual(:) above described as the Mort
jajor wlto executed the forejoia j , ~j~l~Is~sfgmq, j
cad who ukaowlodgod before me flat he (she. they) executed ibe same for the purposes therein expressed. IN YI~~~y/H~*EO~I hsMS ~
set my hand and official ses! is said County and State the date upon which the mortjaje was ettecatod. c. ; ,
r ~`yw~ ~ ~ _ j
4
~~:sue
. ~
My comdisaaodelpices:. ' ~ June 30 , 1983 ~ FL~~~
80(~(Je~ P~6f
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