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5-53.626-8
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12. The Monpsor has under the other provisions of this Mortp~e gad dog hereby assisa to the MortZasee the rents of the Ptopecty,
provided that the ortjajor shall, pprior to the aeoekration o(the mortj~e indebtedness as ehxwhere becein provided or the abardoanoeat o[
the Property. have the right to eollec! aril retain such rents as they beoorne due and payable. Upon aooekratioa under the other pmvisioas
hereof of the abandonment o(tbe Property. the M sha0 be entitled to take pasessioa at and manage the Property gad to oolkq the
renu of the Property iaeludutn~j those pau due. All rents oo :ball be Hut to the
gad collection o(the teats iacludin
j but not limited to attorney's gad sal
~ bcolcer's fees
aa~d
then to the:um secw~ed
b
t~hut I~id~ y
Mortpjee:ball be liable to account only for those renb actually received. y ortjaje.~°
13. la the event:uit a instituted to foreclose this mortjsje the Mott~,a~ee shsA be entitled at gay lion perdu
j such foredosure to apply to
the court having jurisdiction thereof for the appoit?tmeat o(a receiver ofthe ~wperty and all of the rents. incomes. profits. isaves and re~eauq
thereof from whatever worn= derived gad the court shall forthwith appoint such receiver with the weal duties and posers of reoeiv~srs is like
.cases gad said appointment shall be made as a matter of strict rijht to the MortpNee gad without refereaoe to the s~degwcy o[ the yatue aI the
Property or the solvency of the Mortgajor or any other party to such suit. The I~Iort~or hereby waives the n'~ht to ob~eCt to the
of a reonver gad consents that such appointment shall be made as an admitted equity and as a matter of absolute rtjht to tbe~t
!4. The absttact(:) of title oovetiaj the Property shall at all tiaras duriaj the term of this mottpje remain in possasioa of the Mortsajee
gad is the event of foreclosure or other transfer of title to the Property, all ri jht. tick and iatereri of the Mortp
jot m and to the abstraq(s) shall
pass to the purchaser or jraatee.
1 S. If gay inszallmeat of principal gad interest is not paid to the Mo within fifteen (1 S) days after the same becomes due and payable
or if each and every of the Mort~t~o~s promises and eoveraats set fo in this m~t~s~e and/or the Note are not filly gad promptly
performed. complied with and abided by, the entire wm of principal gad interest secured by this shall at the option of the M
become due gad payable in full at once ss JoripnaUy stipulated to be w paid at such time aotemtln~
the contrary, ut
j aaythin
j in this mort
ja,e oroNo~te
to
!6. !f the owr:crship of the Property or any part thereof bccoutcs ~ is a person ocher ihaa the Mort
jajor. the Mdrijayee tray, vrithout
notice to the Mortgagor. deal with such successor(:) is interest with reference to thk mortp~e and the Note in the same manner as with the
M artgagor. without in any way discharjin
j the Mort
ja
jot's liability hereunder or upon any deM hereby secured. No sale of the Property gad no
forbearance on the part of the Mottj:gce or exteruioa for the payment of the debt hereby secured shall operate to release, discharje. modify,
change or affect the original liability of the Mortpjor either is whole or is part.
17. The terms "Mortkagor" and "Mo "wherever usod in this instrument shall include the heirs, personal represeaativea. suooesson
and assigns of the respective parties; the si r number shall iadude the plural. the plum! shall include the s;ogular gad the use of say sender
shall include all genders.
18. Name(s) of Mortgagor(s):
LELA M. NOEL, an unmarried woman
19. County in Florida wherein Property k situate aril description thereof: S T . L U C I E COUNT Y
The South 25 feet of Lot 9, all of Lot 10, and the North 10 feet of
Lot 11, Block 3, WESTWOOD MANOR, as per plat thereof on file in Plat
Book 6, Page 26 of the Public Records of St. Lucie County, Florida.
20. Rank or priority of this mortgaje:
SECOND MORTGAGE
21. Original amount of Notc:
$2250.00
Maturity of Note: F LEO AND RE^ R
S~.lUC1E f""''
November '15, 1983 R~~F;
22. Date Mort and Note ex ~ 1? - " a
ccuted: _E
bu8e C -
October 25, 1980 RED'°`~ ~ `i' "
~~lY S ~ 22 A!~
5~~~5
i
i
wit
~ \~C~w L~ - 1C1~~~L (SEAL)
$ LELA M. NOEL, Mortgagor
(SEAL)
I j
STATE OF FLORIDA _
COUNTY OF St. Lucie)a~
Before me personally apparel the individual(s) above described as the Mortja
jot who executed the foregoio~,1/dttp~sy~
tnowa to me.
and who acknowkd
soil before me slut 6e (she. they) executed the same for the purpaes therein expressed ~,~@v '$Qi~6Jt$OF I lave ~
set my hand and official seal in said County and state the date upon which the mortjs~e was ~ .a
p w
J L
F - ~
My oommiss~aexpires: ~~he 30, 1983 N ~ti,,
~3~2 878