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12. The Mortgagor has under the other provisions of this Mortgage sad does hereby assisa to the Mortgagee the teats of the Property
provided that the Mortgagor shall. pprior to the aooekntion of the mortgage indebtedness as elsewhere herein provided or the abandonment o~
the Property, have the right to colkd and retain such rent: as they become due and payabk. Upon aocekrauon under the Other provisions
hereof or the abandonment of the Property, the Mortgsje ~shaU be entitkd to take possession o[ iad nonage the Property and to ooUxt the
rents of the Property including those past due. All rents oo ed shall be applied first to the payment o[ the costs of management of the Property
and collection of the rents including but not limited to attorney's and teal s=tate broker's tees sad then to the sum secured by this Mortgage. The
Mortgages shall be liable to account only for those teats aauaUy received. -
13. In the event suit is instituted to foreclose this mortgage the Mortgages shall be entitled at any time peadingauch [oreclaure to apply to
the court having jurisdiction thereof for the appointment of a receiver offthe property and aA of the rents. incomes. profits. issues and revenues
thereof from whatever source derived and the court shall forthwith appaat such receiver wiW the usual duties attd powers of receivers is like
uses and said appointment shall be made as a matter of strict right to the Mocig~~ee and without reference to the adequacy of the value otthe t
Property or the solvency of the Mortgagor or any other party to such suit. The Mortpgor hereby waives the rt'~ht to ob~oct to the appotntment ~
of a receiver and consents that such appointment shall be made as an admitted equity and as a mater of absolute tight to the Mortgagee.
14. The abstract(s) of tick covering the Property shall at all times during the term of this mortgage remain is possession of the Mortgagee
and in the event of foreclosure or other transfer of tick to the Property, aA right. tick and interest of the Mortgagor m and to the abstract(s) shag
psss to the purchaser or grantee.
I S. It any installment of principal and iatensst is not paid to the Mortgagx within trfteen (I S) days after the same becomes due and payable
or it each and every of the MortgagoPs premises and oovettants set forth in this mortgage and/or the Note are not fully sad pprroomptly
performed, complied with and abided by, the entire sum of principal and interest secured by this nortga :hall at the option of the Mtrtia~
become due and payable in full at once as tf originally stipulated to be so paid at such time notwitlh~rtaadt~
anything in this mortgage or Note to
the contrary.
I ti. It the ownership of the Property or any part thereof becomes vested in a person other than the Mortgagor, the Mortgagee may. without
notice to the Mortgagor. del with such suoxssor(s) in interest with reference to thrs mort and the Note to the same manner as with the
Mortgagor. without rn any way discharging the Mortgagor's liability hereunder or upon any debt hereby secured. No sale of the Property sad ao
forbearance on the part of the Mortgagee or extension for the payment of the debt 6eceby secured shall operate to release, discharge, modJy,
change or affect the ongtnal liability of the Mortgagor either is whole or in part.
17. The terms "Mortgagor" and "Mortgagee" wherever used is tha instrument shall include the heirs, personal representatives, suooeswrs
and assigns of the respective parties; the singular number shall include the plural, the plural shall include the singular sad the use of any gender
shay include all gender.
1g. Name(s) of Mortgagor(s):
WILLIAM 0. WRIGHT JR. AND PATRICIA T. WRIGHT, his wife
19. County is Florida wherein Property u situate and description thereo! ST . LUCIE COUNTY
Lot 11, Block 1, AMY ANNA PARK, according to the Plat thereof
recorded in Plat Book 4, Page 72, of the Public Records of .
St. Lucie County, Florida. 1980 OCt -8 P!~ i2~ 52
20. Rank or priority of this mort1~
SECOND MORTGAG>r c;LCC Rh; F~cyr«c
21. Original amount of Note: 5 Ro6ER
POtTR FS~~
$5 ,125.00 c~F~lc ciRCUt= c~-~~.r
Maturity of Note: q f ~~;N(t ~
r Fii'i ' -
January 15, 1987
~ 22. Date Mortgage and Note executed:
September 29 , 1980 SQ2S86
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(SEAL)
WILLIAM 0. WRIG Mortgagor
(SEAL)
- ~
STATE OF FLORIDA ) 7, ~ - - - (SEAL j
covNTY of St . Lucie )u-
PATRICIA T. WB~ r~~fi--;--• Mortgagor ,
lnft:. known to me, .
Before me personally appeared the individual(s) above described as the Mortgagor who executed tbrrfaeg
and who acknowledged before me that he (she. they) executed the same for the purposes therein acpreasid.~l>$'~t I have
~ ~
set my hand and official seal is said County sad State the date upon which the mortgage was e - ' , °
-
Notary i of F7ef'
F My commstiort:e>~irea: ~ aa~~YY~ p'~//~~ec _ .
UWr1V ~V PiY[~V~ - ~ rte.
June 30, 1983