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HomeMy WebLinkAbout0971 . A~~ /' 12. The Mortp~o~ !w uader the otber provisio~ ot tlw Monpae aad doa bercby auisa to the Mort~a=ee tbe reau of tbe Property. provided that the Mottp~o~ shsp. pno~ to the aooekation of the moitp~e iadebtedaas u elsewhere he~ein p~ovided o~ tbe abaadoaaeat of the Propeny. have tbe rijht to colkct aod reuia:uch reau as tbey beooa4e due aad payabk. Upon aoakrauoa uader tbe otber provisiow hereof or the abaadoament ot the Propeny, the Mort~a shall be eatitled to talce possesuon of aad maaase tbe Property aad to colkd tbe rcnts of the PropeKy iecludin` thwe t due. AU reau ooqa~tod sbaA be applied fint to tbe payment ot the cosb ot mana~ea~ent ot the Property aad colkction of the reats iacludin~ ut aot limitod to sttoraey"s aad ral eqate bmker': ka and the4 to the sum xcured 6y this Mortja~e. 7Le Mortpaa :hall be liabk to aocount oaly tor tbae roau actually reoeived. 13. la tbe eveat:uit u iauituted to foreclae chi: mo~t~,a~e tl~e Mort`a~ee slWl be eatitled at any time peudina such [oreclaure to apply to the oourt baviaj jurisdiction tt-eroof for the appoiattqeat oI a reoeiv~er of the DropeRy aad aU of tde rcnb, incoma, profits. istues and revenup cbereot from alutev~er souroe derivsd and the oourt thaU lorthrvith ap t sucR rooeiver ~with the ~ual dutia aadpo~w~ea ot rooeiven in Wce ca~es aad aid appointmeat ~hall be aude as a matte~ of ~trict ri~bt to ~ ortp~ee aad without re(erenoc to tAe adoquacy o[ tl~e value of the Property or the solvency of the Mon~or or aay other puty to such suit. The Mortga6or 6ereby aaives the riaht to ob,~ect to tbe appointment ot a rea~ver aad consents that such appoiatmeat shall be made as aa adatittod oqwty aad u a matter ot absolute n~bt to the Mortjasee. t4. The abstract(:) of titk coverin~ the Property ibaU at aA tima durin~ the term of this mort6age remaia ia pottasioa o( the Mortp~ee and ie the eveat of forecloture or other traasler of titk to the Property. all n~t, titk and iaterat otthe Mortgagor ~n and to t6e abstraet(s) t6al1 pats to tbe purcbam or grauta. 1 S. I~ iD~l ipiliUAfCD! 4f Q~IIIC1p1I slld IlllCiq[ 1= OOl ptld ZO tb! MOrt~,s~ee wntbia fdtan (1S) da~ afte~ t1x ame bxomes due aad payabk or if ach aad evcry of tbe MoRp or': promises sad covenanU set [otth 'w t!w mortsa~e aad/or t6e Note sre aot fully audpromptly pedormed, complied with and abid~by, the eatire:um of priacipal and interat Kcurod by thit mort~ ge sball at the option o(the Mottpjoe Eecome due and payabk ia tull at oaoe u if oripaaUy stipulated to be w paid at:uch time notwitluuDa111g apytbl~j Ip tlllf WOI~=i~G Oi NOtC ~O t~l! OOAtfif)-. 16. It the ownenhip ot the Property or any Qart t6ereo( becoma vated ia a person other tlua the Mortgaaor, the Mort~ee may. without notioe to the Mortgagor, deal with such suoassor(s) in interat with rcferenoe to this mongage and the Note in the ume manner as with the Mortaagor, without in any way dischargiaa the MortpaoPs liability bereuader or upon aay debt hereby:ecured. No uk of the Propetty a~d ao forbearar~oe oa the part ot the Monaaga or ezteasioA for t6e paynxat of tbe debt hereby ~ecured shall operate to rekau. di~c6uje. modi[y. change or alYoct the ongmal liability of the Mortaajor eitber in wbok or ia part. 17. The ternu "Mort~agor" and "Mortpgo "wbe~erer usod ia thi: instrument thaU iaclude the hein. perwaal reprpeatativa. suooeswn and assigns of the rcspecuve panies: the siasular aumber ~haA iuclude the plural. the plural sball include tlx siaaular and the we olany ~ender shaU iaclude all ~eaden. 18. Name(s) ot Monpgor(s): CLAYTON E. JONES and ANGELA M. JONES, his wife 19. Couaty ia Florida Mrhereio Property i~ utuate and dacriptioa t6ersoL• ST. LUCIE Lot 25, Block 43, RIVER PARK UNIT FIVE, according to the plat thereof, as recorded in Plat Book 11, page 31 of the Public Records of St. Lucie County, Florida 20. Rant or priority of this mortpse: SECOND MORTGAGE 21. Ori~insl amounc ot Noce: $14,025.00 Mat~uity of Note: November 15, 1987 22. Date Mortgaae and Note e:ec~ted: December 11, 1980 196p pE~ ~ 9~ ~r r 4 f~LfC etiC Fc~~ SROGfR p ~lY.F[ A ~~~xcrFCw°iTCRaAiRr '~=CRRtY.'~=r• ~ ~l " ' - 5111~~ - , ~ ~ . :. . 1 _ 4 1A/II /~ I ~ ~ ~.' ~ ~ (sE~.~ C N E. J S, Mortgagor , , STATE OF FLORIDA )~: !/ ~ ' • ~~ courmt oF St. Lucie ) AN IA M. .~NES ~~iva~~gagor .~~ ~~ ~ (SEAL) (SEAL) Beforc me persona0y appeared t6e iadividual(:) abov~e deicribod as tbe Mortp~or who e~cecuted tbe fo~! w fY kyo~va to me. aed ~riw acknowrledsed before me t6at 6e (ibe. tbry) e~uted t6e same for t6e pnrpwea thereia e ~ ~!$R$OF I 6are ~ ~ ~ ` - .. ~.' ` '•~ : . ., . •. .. `+ . i ~~ -~ at ~y baad and official ud in :aid Connty and State t6e dste upoa which t6e mortp~e •., •~ ` . ;_t.. _ ~ ~ j-,; : • ~a;r ~~ -` ~ '.i: . r _ ~~.~ ~f.lk,j:: ' •. _ .~ > . ~ _ ~ OI ~~ ~ il ~ , . : _ ,:.,•~ ~ r,~ea~: ~a,,: ~ ,s. . ': ~ ..... Mr commis~ion expira: ~ June 30 1983 '~ F~'t ''• ~ . •~,, ,a,. g~ x345 P~E 96~ --~-..,;,.,~,~, _ . . ~ j~ •, . •~,~. . 3 ; ~ I . _~