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1~. The Mottp tor hat under tbe other provisions ot this Mortpje aad doa Aereby aaisa to the Mort~t~ee tbe reots ot tbe propeRy
provided that the Mortpsor shaU. prior to the aoakradon ot the mortp~e iadeMedaws as e1~eMherc bereia provided or tbe absndoaa~eat o~
the Propeny. have the ri~ht to rnllect aad retain such reats u become due and
hereot or the abandoament of the Pro ~ pjribb. Upoa sooelentioa wrde~ tbe otbet provitiout
P~Y. tbe Moct~a~ee shaU be eatitled to take po~ion ot aad maaaje the Property aad to oollect tbe
reats of tbe Property inciudia~ thae put due. AA reaV collected ahaU ee spptied Gnt to tbe paymeat of tbe costt ot maaa~ement ot tbe Propenp
and colkctioa of the reats iac udin` but not 4micod to attorney's and~ral atate broker's (ea aad tbea to tbe sum ~eeurod bp tIw Morep~e. The
Mottgaaee ~ail be IiaAk to aocount oaly [or tbae reatt actutlly reaived.
13. In tl~e ereat:uit ~ uutitutod to foreclo~e thi~ mortpse tbe Mo~ ~hal1 be enutlod ac aay time peadiaj sucb foroclasure to apply to
the court havins juri:dictioa theceof for the appoiataaeat o! a reaive~ o tAe propertv and all o! tbe rentt, iaooma. protib. ittuq and revonup
thereoi irom whatever soura derived aad tLe oourt shall [orthwith aQpoiat sucb rooeiv~er with tl~e utua! dutiet andpo~s a[ reoeiv~ers in like
ca~a a~d uid appoiatmeat tbali be nude u a matter of ttrict riiht W tbe Mortp~ee aad without relereaoe to ebe adequary ot t1~e value of tbe
Property or the:oiveary o( tbe Mort~or or any otl~er party to tuch tuit. Tbe INortgaaor bereby Mraiva the n'~ht to ob~oet to tbeappan tment
o[ a rooerver aad coweatt tAat such appoiataxnt shall be made a an adaoittod oqwty aad u a matter ot a6solute ns6t to t6e Mortjasee.
11. The ~~strsct(s) ot titk coverins the PropMy dWl at all tima durins the term ot thi: wortp~e renuin in popasion of tbe Mortja~ee
and in the event o[ (oreclosure or other traaster of titk to the Property, all riSAt, titk and iaterat ottln Mortpsor ~n aad to tbe abtract(s) thall
pa:s to the purcha~er or ~aatee.
1 S. It any intuUment of priacipal and iaterat u Aot p~id to the Mo~ ~vit6in fdteea ( i S) da~ dter tbe wme becomes due tad payabk
or it each and ev~ery ot tbe Mortp~ or's promi~a and oov~eaanb iet Io u~ thit mortp~e aod/or t6e Note are aot ldhr ud promptly
pedoraied. complied with and abidod by. the eatire sum of priacipal aad iatarat ucured by thi~ mo thall at the optioa ottbe M
bocome due ar~d payabk ia fuU st oaa as J oripnWy stipulaced to be ~o paid at suc6 time aot~ritlu~anythin~ in thi: mortp~e or N~opte to
the contruy.
16. If the ownership oi the Property or any Qart t6ereof bocoanes vested ia a penon other thae tbe Mortpsor, the Motys~ee may~ ~rithout
noaa to tt~e Mortgagor. deal with such auoassor(s) ia inter~est with rctereuoe to thu mortpse and tbe Note in tbe tame waaaer p with tbe
Mortgagor, without in any way dischar~ir-a t1x Monaagor's IiabiGty hereunder or upon aay debt hereby secured. No sak of the Property and ao
(orbearanoe on the put of the Mortpaoe or eatenuon tor tlx paymeat of the debt I~ereby secured thaU operate to ~ela~e. di~cbuse~ modify,
chanae or aRect the onpnal liabiGty of tl~e Morts,asor eitber in ~r6ok or ia part.
17. The tenra "Mort4aaor" and "Mortga~ee" wlierever uted ia thu inurument shaU ioclude tbe hein. penonal ceprpentativea, sucoessots
aad assigns of the retpecUve partits; che:iagular number shaU include tl~e plural. the plural shall iaclude the uaaular aad tbe we of aay ~ender
sdap include aU genden.
I8. Name(s) ot MoApaoK~):
WILLIE JOE HOWARD, JR., and MARGIE HOWARD, his wife
19. County io Florida wberein Property is situate and dacription t6ereof. ST. LUCIE COIINTY
Lot 107, SHERATON PLAZA, UNIT 1i~10 REPLAT according to the plat
thereof as recorded in Plat
of St. Lucie Countq, Florida
20. Rank or priority of th» mortpje:
SECOND MORTGAGE
21. Original amouat of Note:
M $un~y of Nouo
September 15, 1986
22. Date Mort`aje and Note e:ecuted:
December 17, 1980
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Wlt .
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Book 16, Page 2 of the Public Records
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STATE OF FLORIDA ) .
courmr oF St . Luci~"'
June 30, 1983
Beforc me personaUy appared t6e individual(s) above dpcribed u t6e Morepsor ~rho e~uted the i M.
and wrbo ackaow~iod before me d~at be s6e. °~i. ..°rtPt~. ~reU kao~rn to me.
~ed ( the~r) executed tbe ~ame for tbe pntpaea tberein ~ ' WHEREOF I Hav~e
~et my hsod aad official ~eal ie uid Connty aod State tbe date upon whic6 tbe mort~ye M~~ _'~' ,.~'•:,; ,*:
BQ~K~~S PAGE~~
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My coaonW:on oxpica:
~
_ : i _.,~ _ _ - ~._2
^~"~z ~°.,_~` -_ 2
. _ '.~>..:3m_ ..
~ '..s~ .r. ~~~ir~~nn~ Oi Taxet
~ ~n Class °C.. ~nt:.ng~ble PersonBLPro~fl~
.-ursuant 7o Chsp~ 71.134. /1a~ O~ 1~11. `
~pc~t rOrt~s ~~ ~
c~ c~ o«rt s~ t~a t~a.l~
s~~-531
1980 DEC 23 P~ ~: ~7
f~~Ee ~ F~coxo~o .
Sl•~~pp tRAS*
CI.ERK C1aCU~t ~'~1 ~,
RiL1Af. ~~F'`'`!° - --
~~~:~~'~'cL (SEAL)
WILLIE JOE HOWARD,JR.,Mortgagor
(SEAL)
i (SEAL
MAR HOWARD, Martgagor
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