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HomeMy WebLinkAbout0380; , ~.. f' ~"~ . •. 5-54,256-3 ! 2. The Monsa~o~ hss uade~ tbe otber provi~iont ot tAa Mortp~e aad doa uec~eby suisn to the MottZa~oe tbe ren4 ~ tbe Property pmvided that tl~e Mortzasor slWl. prior to the aoakntioe ot tlie mortpje ipdebtodaa~ u elx~vbere benia provided or tAe abandoarneat ot ~Ae Property. have the nsht to ooUoct ~ad rcuin such reaq as tbey baoane due aad p~yabb. Upoa aeakntioa uader t6e otl~ provi:ioa hereof o~ tbe abaadonmeat of tbe Property. ihe Mo thaU be eatitkd to take po~rsioa of aad anaat~e tbe property and to oolloct tbe rcnts of the Propeny includia~ tho~e psu due. AU rents~ tlWl ee sppiied futt to tbe paymeat ottbe oottt ot •tld COIICC110A Of tIlC ~Cpt~ IACI{idl but aot limited to atto ~~~~ ~~ ~O~ ua n~t and rul atate bmkcr'~ toa and thea to tbe awn ~owred by this Mott~,a~e. The Mortpsee sbaU be liabk to aocouat oalq tor thae reats actwlly eecsived. 13. ~A tll~ lYCpt tUll It IAtlltUlOd t0 ~01'OCIOiE lIllf dl0ftj,~jC lAC MOItp~C shill bC Cpt1U0d at iDy tllllQ ~CfidlQj iYCb Ibf'CCIO{1UC l0 tPPir l0 the court havir~ jurisdictioe thereot tor tbe appoiatment of a reaiv~er o( tbe propertv aad aU o! the reats, iacornes. protit~. iaua snd reren~es ~hereof from whatever wuroe derived aad tbe court ~b~ll tortAwitA appaat sucb t~oairer ~with tbe wua! dutia and wen ot rooeivers ia Wce cs:a and:aid appointmeat slull be made at a matter ot sttiet ri~ht to t6e Mort~a~oe aad without retenaa to tbe a~wcy ot the value of the Property or the iolvency ot the Mortpjor or aay otber patty to tuch:uit. Tl~e Mortpsor Ixreby ~raives the risbt to ob~ect to t6eappan tment of a reaiver and consents that :uch appoiatment sl~all be made q aa adaiitted eqwty and st a matter of a6~olute n~ht to the Mort~ajee. t4. The abstnct(~) o[ titk coverias tlie Property thaU at aU tiaa d the tenn of this mortpse remaia in pc-~cuioa ot tbe Moctp~ee and ia the event of foreclwure or otl~er transler of titk to tl~e PropMy, aU n~' t, titk a~d iaterat otthe Mottpsor w and to the abstnct(~) tha11 pasa to the pur~hs:er or arantee. I S. If a11~11Qtl~QQlClll Q~ PtiGCIpiI i[1d lOtCiql If llOl ~ l0 IfIC MO w~ithin fdtaa (1 S) days after tbe wne beooma due and payabk or if acd and every ot the Mortp~ or': promiua and covenaats ~et to in thit nwrtp~e aad/or t6e Note ars not tuUy aadpromptly pedormod. complied with and abided by. tbe eatire:um of prindpal ard interat secured by th~ mo ~hall at t6e opdon oltbe M~rtpsee become due and payabk in tuU at oaoe u if o~paally:tipulatod to be w paid at tuch time notwi u~ anythins ia tLis mortp~e or Note to the contrary. 16. lf the owaership of tbe Property or any put tbereof baoana vated •.a a peraon other thaa the Mortpjor, tti~ Mortpjee may, writhout notice to the Mortgagor, deal with such suooes,sor(:) ia iaterat with referenoe to tlus mortgaSe aad the Nate iw t6e ame mannu at ~vith the M ortgagor. without m any way discharsina tl~e Mortp~or's liability hercuadet or upon any debt bereby secured. No sak of tbe Property and ao forbeannoe oa the part of the Mortpga or extea~on for the paymeat of tbe deet bereby ~aured shall opecate to rekau~ diubat~e, modi(y. change or aftoct thc ong~aal liability of the Mbrtpaor eitber ia whok or ia part. 1~. The terms "Mort$aaor" and "Mortaa~o "wherever uxd in this i~ment:hall iaclude the heiis. personal repraentative~:uooe~or~ and assigns of the rapa~ve partia: the uajular number shall include tbe plural. tbe plural thall iaclude tl~e sinsular and t6e we of aay jeader shaU include aU ~er~ers. . 18. Name(s) of Mortgagoi(:): _ W.K. BIGGLES and MARGARET BIGGI.ES, his wife l9. County ie Fiorida whercin Property ~ sitwte and description thereo( ST ~ LIICIE The West 89.75 feet of the East 93.75 feet of Lot 2, Block 7, ~ REPLAT OF PAIM GARDENS, according to the plat thereof recorded in Plat Book 12, page 42 of the Public Re~'ords of St. Lucie County, Florida 20. Rank or priority of t~ mortp~e: SECOND MORTGoAGE 2~. ~o~, ~o~~ of No~: ~s~ ~A~: ~ZO ~ r 3s $5,875.00 Maturity of Note: Ft~Et eNC ~~ Co~nCp December 15 1987 S1.LUCiE COUNTY.FI A. ~ R06~'t ~OITRAS 22. Date.Mortaaae and Nou e:ecuted: CCERh C~RCUIT C~J~ T January 14, 1981 aEra^:t ~. ~ F~- ~r~ ~_~ _ ~ 51434~' ; . . . ~ - - . r --- . _ .,~ - , : _ rr . ,. . . ' ...' . ~ t J V. t: v "~ ~ -- _~ i _ --'-- i • ~' ~~ ~~~" (SBAL) W.K. BIGGIE , Mortgagor STATE OF FLORIDA ) . couxnr oF St. Luciel~'' ~ MAR T BIGGIE Before me personaUy appearod the individwl(s) above de~cribod as t6e Mortp~or who esa~ted t6c~o~og and w~ho ulwowkd~ed be[ore me Wat be (tbe. tbry) eaecvted t6e ume tor the t6erein e:p~e~edt ~Il~ ut my hand aod oUicial ~esl in iaid County and State tbe date upoa w6ich tbe w~as e.xaateA. r; : r,~ ,~~ • ._ F.1 My commisfioa expira: E - ~ ~ ~~}~ ~, ~ -- June 30, 1983 ' 6t1(1~~~ ~~~ ~ . ~;~, 8agor •> '~~, ., 4t~ ~R fW : ' _ ~: t ~'~~ ' ..~s ' :;~:r3 = ~ , i • C~ :. • ~ t-: '~.~ • ~ : _ ^ ~~: °} ~ , '• ::~~ ~ `P ~- ~ ~ ~- ~~~~~~ 4 ~ (SEAL) ! ; (SEAL) . mtome. IF 16ave ~ .