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HomeMy WebLinkAbout1464 5-53, 443-8 12. The Mw~tp~or bu under the other provisions of this ~ortjsja abdS~oes hereby a:sieD to the Mortjajee the t+eau of the Property provided thattlp Mortp~or shall.~ pprior to the tooektstioa o[ ebe asort jape iadebtodnda as ebearhets herein provided or the abaadooateat o~ the Property. Wvt the right tai collect aced retain such rears ss they become due and payable. Upon acceleration under the other provision hereof or the abaad o~tl~ jroperty. the Mart ja jeectedshaU be entitled to take poaessioa of and auaye the Property and to collect the renu of the Pro y i t8tiis ~tdue. AU Beau ooUe shall be appliod firetothe payaKat of the cow oI ottee Property and collection a< -but cot timitod to attorney's aced real estate brokee's [ea and then to the sum at~~~ Mortja je. The Mortjagee shall be liable to account ody for those renu actually reoeivod. l 3. lathe event suit a instituted to forociae this mortgage the Mortp~,e shall be entitled at any time peadia j such foreclaure to apply to the court having juritdigioa thereof [or the appointateat of a receiver ofthe nroperhrand all of the rears. iaoomes. tuotiu. issues and t~eveauea thereof from whatever source derived and the oonrt shall forthwith appwat such receiver with the usual duties aced p~ of receivers iu like cases and said appointment shall be made as a matter of strict ri jht to the Morya~ee and erithout nfanaoe to the adeq~ of the value of the Property.or the solvency of the Mort jajor or any other party to such:uit. The fNirt jajor hereblr waives thef~ht to object to the appantment of a reoaver and comenu that such appointment shall be made u an admitted equity and a a math ata6solute rtjbt to the 11[ertjajee. 14. The abstract(s) of title coveria j the Property shall at all times d the term of this mortp je remain in of the M and is the event of toreclostue or other transfer of title to the PropMy, all~rr j~t, title aced interest ottbe Mortp~ jot mntbe abstraq(s)shW pass to the purchaser or grantee. 1 S. Uaay installment of principal and interest a not paid to the Mortye~ee within fifteen (1 ~ days after the same becomes due and payable or J each and every of the Moct~s~ois promises aced oovenaau set forthm this mortp~e aced/or the Note are act fWly aced p~~y - performed, complied with and abided by, the entire sum of pritdpal aced inter~at securod by this shall attheoption ottee Id become due and payable is full at once as i[ orijinaUy stipulated to be so paid at such time aaythio j in this wort jag or ' the contrary. 16~ U the owner:hip of the Property or any part thereof becomes vested in a person other than the Mort jajor, the Mort ja jee may. eritbout notice to the Mortgagor, deal with such successor(s) in interest with reference to this mortp~e and the Note in the same manner a with the Mortjagor. without in say way dischu jiaj the Mortp jor's liability hereunder or upon any debt hereby secured. No ale of the Property and no forbearance oa the part of the Mortgagee ore:temion for the payment of the debt hereby secured shall operate to relase, dischar17e, modify, change or affect the original liability of the Mortgagor either in whole or impart. - 17. The term: "Mort~a jor' cad "Mo " wherever uscd In the instrument shall indude the help, persona! repraentativa, successo(s and assigns of the respoarve parties; the si a j~r number shall include the plural, the plural shall include the sinjular and the use otsay gender shag include all ge rs. ` 18. Naaae(s) of Mortpgor(sr EUGENE BRANCACCIO and LIMA-BRANCACCIO, his wife 19. County in Fbrida wbereia Property is situate and description thereof St. Lucie COUnty Lot 14,-Block 379, of PORT ST. LUCIE, Section 6, subdivision of plat recorded in Plat Book 12; Page.36A thru 36D, of the Public Records of St.. Lucie County, Florida 20. Rank or priority of this mortgage: - - Second Mort age 21. Original amount o! Dote: $9,950.00 Maturity of Note: December 15, 1985 ~ 190 OCI 23 P~ 2~ 2S 22. Date Mortgage and Note executed: f rLED ~J?i: FECOeZff u - S i. L UCfF COUP f Y. f t A. October 13, 1980 - ROGER POITRI:S CLERK ClACUfT CG~iit1 SVYV 1 6 V f Witnesses: _ c' ~i2~~'~-~~4C~4.o (SEAL) EU NE BRANCACCIO, Mortgagor - (sEAL) r STATE OF FLORIDA )m: '~Li.d` 1CtJ-t.Q ~k.•/~ row ~ (SEAL) . couNTttof St. Lucie) LIMA BRANCACCIO, Mortgagor Bdore me personally appeared the individual(s) above described as the Mort jsgor who executed the toregoinj Moetpge,~wepXaowa to me, cad who acknowledged bdore me that he (she. they) executed the same for the purposes therein expressed. IN wiri~~~ioF I bare set my hand and otyicial seal in said Caiinty and Stan the date upon which the mortpje was executed. ~ `*~bt~p~''%~. s t , '~,,i~~. 4` ~ - ..t~ • J' 0~ :'rs atJ ; ~ - ` ~j Myot{xPi~ t s June 30, 1983 ~t~~ .f t a ~ _ - f _ - - - ~