HomeMy WebLinkAbout1406 gT"-~ a~ o a7
5-53,457-8
12. The iNortaagor has under the other provisions of thb Mott¢ge sad does hereby aaisa to the Mortgagee tl~e roan of the Property,
provided that the ortgagor shall. ppnor to the aorxkration of the mortgage indebtedness as ehn~wbero herein provided or the abaadoameat of
the Property. have the nght to collect and retain such roots u they become drra and payabb. Upon aooekratwa under the other provisions
hereof or the abardoameat of the Property. the Mort~a~ee shall be entitkd to take possessroa of and taaaase the Property and to collect the
rents of the Property including those put due. AU ron4 coUocted shall be applied first to the payment of the coats of maaa~emeat of the Property
and collection of the roots including but not limited to attoraey'i and teal estate broker's fees and then to the:um s~ rod by this Mortg~ase. The
Mortgagee shall be liabk to account Daly for those roots actually received.
13. In the event suit u instituted toforeclose this mortgage the Mortpgee sbaU be entitkd at any time perdiag such foreclosure to apply to
the court having jurisdiction thereof for the appointment of a recover of the property and aU of the mats. uioomes. profiu. iauea and roveaua
Cheroot from whatever source derived and the court shall forthwith appaat such receiver with the usual duties and wens a(rooeiven is like
cases and said appoiata?eat :ball be made u a matter of strict right to the Mwtpgee and without referoaee to the a~uacy of the value of the
Property or the solvency of the Mortgagor or any other party to such suit. The Mortgagor heroby waives then'~ht to object to the appotatmeat
of a reserver sad consent: that such appointment shall be made ss as admitted egwty sad ss a matter of absolute nght to the Mortgagee.
11. The abstract(s) of tick covering the Property shall at all times during the term of this mortgage romaia in pwsasioa of the Mortgages
and is the event of foreclosure or other traader of tick to the Property. all right. tick and interest of the Mortgagor ra sad to the abstract(s) shall
peso to the purchaser or grantee. -
1 S. 1[ say iastaUmeat of principal and interest is not paid to the Mortgagee within Crfteea (1 S) days after the same becomes due and payabk
or it each and eve of the Mortgagors promises sad covenants set tort6w this mort~ge and/or the Note aro not fully and prom
performed. compli
d with and abided by. the entire sum of principal sad interest secured by tl~ mortg~ge shall at the option of the M
become due sad payabk in full at once u if originally stipulated to be so paid at iuch don aotwitlntru~ding anything in this mortpge or Note to
the Contrary.
-16. It the ownership of the Property or say part tbereo! becoe4es vested is a person other than the Mortgagor, the Mortpgoe may. without
notice to the Mortgagor. deal with such suotsssor(s) in iaterat with rekreaoe to this mortgage and the Note in the same manner as with the
Mortgagor. without in any way discharging the Mortgagor's liability hereunder or upon say debt heroby secured. No sak of the Proptrty sad no
forbearance on the part of the Mortgagee or exteruron for the payment of the debt hereby:ectrred shall operate to rokase, discharge. modJy,
change or affect the ongraal liability of the Mortgagor either ut vvhok or in part.
17. The terms "Mortgagor' and "Mortgagee" wherever used in this instrument shall include the heir, personal ropreseatatives.:uooe::ort
sad auigr?s of the rapectrve parties: the singular number shall include the. plural, the plural shall inchde the singular and the use of any gender
shay include all genders.
18. Name(s) of Mortgagor{:):
FRANK DIXON and WINNIFRED S. DIXON, his wife
19. County in Florida wherein Property is situate and description thereof: ST. LUCIE COUNTY
Lot 8, Block 391, PORT ST. LUCIE, SBCTION TWENTY-FOUR, according
to the plat thereof, as recorded in Plat Book 13, pages 31, 31A
through 31C, of the Public Records of St. Lucie County, Florida
20. Rink or priority of thk mortgage: -
SECOND MORTGAGE - -
21. Original amount of Note: -
$8,300.00
Maturity of Note:
November 15, 1987
22. Date Mortgage sad Note executed:
f October 15 , 1980 ~ in Paynt~nt Ot Ttttaa
~ Neceived =
Due On Clss+s "C' intairtaiN Ps*ttatM -
Pursuant To Chapter 71;136 Aal~-D11At.
FflEt' RNA h_ c(r~~i i~ Cl~flt Ckallk rOUrR ~ Liles ~ ~
t'" ~ SilUtaECCJY"Y.il~.
r~. P.OGER POITRAS
G~ ~ . -1_n: CIEP.K CtFCUIT CG~~i~iO -
50448
Witnesses:
(SEAL)- ,
FRANK DIXON, Mortgagor
(SEAL)
~ ~ " ~ ~ (SEAL) 3
STATE OF FLORIDA l )ro: ~
couNTY of St. Lucie) WINNI S. DIXOI~, Mortgagor
Before me ptrwrully appeared the individual(:) above described ss the Mortgagor who executed the forogoiog Mort~,e, well known to me.
sad who-acknowledged before me that be (she. they) execntod the same for the purposes therein exptesaed:Its. MtT~EREOF I have
set my hand and offrcial seal in said County and State ebe date upoq which the mortgage was execute~it~~~,:••'.
t~ • ~ -
t• F'
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M w ; Juge 30, 1983 ~ 'r
X341 p~1404 ~ ~ ~ fL~
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