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HomeMy WebLinkAbout0855~-T.~a,a~ ` 5-54,308-2 t n 1~. Tbe M !w uoder ths otber provisioro ot thi~ Mortp~e and doa bereby auitn to the Monp~ee the nnu of the Prope~ty, provided tAat cbe onja~ ~haU~ ~ioc to ihe aooekntioa oi tbe mortpse iadebtedaas as e~ewAerc hereia provided or the abandonmeat of tDe Pwperty. bave the risbt W ooUect ~ad ~ewa sucb reau a tbey beoome due aad p~yabk. Upoa aoakntioa uade~ tbe otber provisiou= be~eot o~ tbe abaadoameat ot tl~e Property. the Moct~a~e :bali be entitled to tske posseauon ot aad maaa~e tAe Property ~ad to colloct tbe rcnts ot tbe Pirope~ty includin~ tho~epa:t due. AU reab ooUected ~bW be applied first to the paymeat ot the cosu ot maaa~emeat of the Property aad coileaion ot tbe reats iadudias but na limiced co utorney"s ud n~al eaace bmkeP• fea and thea co che sum,ecured by chis Monpse. The Mortp~ee sAall be tiasie to aocouat ody for thae reuts actwlly reoeived. ' 13. la tbe eveat suit is imtituted to foreclae thit mort~t~e U~e Mon~a~oe ~l~al! be eatitkd at aay time pendina such foteclosure to ~pply to t~e caut liaviat jurisdictioa ehereof for tbe sppoiatment oi a roaiver o( the propecty aad aU of the rcn~, iacoma, ~rofiu, issup and reveaup ~h~ereo( trom MLatever ~ouroe derived aad tbe oourt ~hall [orthwnth appou~t:ucb roaivar ~vit6 the wual dutia and ~ren oi reoeivers in like asa aad ~aid appoiatarcat sbdl be m~de as a matta of itriet risht to tbe Mortpsee aad witbout referepoe to the a~uacy ot the value of tbe Propertp or t6e sotveary o[ tbe Mottpsor or any otl~er party to we6 suit. Tbe Flortga~or benby ~raiva tl~e ri~ht to ob~oct to the sppointment o( a rooaver and cw~eats that wch aPpoiatmeot shall be made at an admitted equity and s= a matter of a6wlute n~bt to tbe Mortpra. 1~. Tbe absuact(s) of titk coverin~ the Propetty ~il at all uases durins the term of this mortpse reaiain ia poaession of the Mortpjoe and in tbe eveat of toroclo~ure or other truufer ot titk to the Property. all risht, titk and iaterat of the Mortpaor m and to tbe abstract(t) shall pass to tne purcha~er o~ ~tantee. - IS_ Itany imWlmeat c-f prindpal and interest i~ aot paid w tlie Mo~ writhia fdteen (1 S) days after t6e waae becoma due and payabk or d ad~ aod every ot the MoRpsor: promises aad oovenaats nt fort u~ tlw mortpje aad/ot t6e Note are not fully and promptly performod. rnmpL'ed with ard ab~ded by. tAe eatire:wa of principal aad interat tocured by tbu nwrt~a~e :lull at the optioa of the Mortpjee _ ~eoomc due and papaWe in tuU at oaa as if oripnaUy uipulated to Ee w paid at such tinx ootw~itlutandias anyt6in~ in this mortp~e or Note to c6e contnry. ' 16. lt the orrnership of tbe Property or any part t6ereof bocoa~a vated ia a persoa otAer tbaa the Mortpsor. the Mortgaaoe may, without no~ioe to e6e Mor[aaaor. deal with :uc6 suoassor(s) ia iaterat with refercnoe to this mortg~e and the Note ia the same manner u with tbe Mortaaaor. wiehout in aay way dischar~int tLe Mortaa`ors liability hercuader or upon aay debt benby secured. No:ale of the Property aad no forbeanna on the put ot t6e Mortpaee or extenuoa for tbe psyment of the debt hereby ~aured s1~sU operats to release. diichu~e. modity. cbanae or aRoct the onpnal IiabiGty of the Mortpjor eit6er ie whok or ip put. 17. The tenos ~M~or ana "Mo "~rberever wed in thi: iastrument ~all include the bein. persoaa! repraeeutiva. sucecuors and assi~ of the rapect~ve pania: tbe si~r aumber shall iadude the plural. tbe plural shaU include tAe dnaular and the we of anx~eader sba~l include all aenders. 18. Namqs) ot MortpaoK~~ HAMPTON E. THOMAS and BESSIE M. THOMAS, his wife~ 19_ Counc~r in Florida wrl~erein Property i~ situate and daaiption theaot S T. L U C I E C O U N T Y Lot 5, Block 528, PORT ST. LUCIE, SECTION TEN, according to the plat thereof, recorded in Plat Book 12, Paqe 49, 49A-49G, of the Public Records of St. Lucie County-, Florida. 2o Raaic or priorigr or chis morcp~e: SECOND MORTGAGE 21. Orioaal amount ot Note: 55,475.00 . Maturiqr ot Note: Auqust 15, 1987 22 Dau Mort~e and Note ezecutod: January 19, 1981 _~+~ ~ ,y~ ~ vr . ~ . ; ,~ ~ ~ STATE OF FLORIDA ) : CUUNTYOF ST. LUCIE~~ 1981 ,1,<<~ 22 P~ 2~ 17 514630 S1.ll1C E fCti, ,~~r:,; h~ R(tGER r 017~ ;^> _ CLEHK CIF~L':: ^CY. - =~: , .. . ~,~- ' . _ ~ _ ... _. ~j f `' ReCewed S _ ---- 'r: FeYrncnt Ot T87cea tV Due On Class '"C'~ ~nt.;ny~L•+s Personal Prt~porty~ ' Puauant To Cha~ter 71. 134, A~ Of 1971. '=, ROGER POITpq$ y~~ , ~ . ~ Clsrk Circuit Court. St Luda Co,,, Fl~, ' f • " , . ! ~ ~ .~ ~ / SEAL HAI~PTON E. THOMAS, Mortgagor ) _ (SEAL) ~ ~ . / (SEAL) BESSIE M. THOMAS, Mortgagor Bdae me personally appared tbe individuai(:) aDov~e dacribed as t6e Mortp~or ~-6o exeaited tbe lore~c and rbo stl~no~rfed~od befors me t~t he (she, tbcy) esecuted ebe wne !ot tbe purpo~es t6errin expreaed:'1 ~et ~r 6and aad of6wl ~cal ie said County and Stste tl~e date upoo w~6icb the moRpje ~rat e ~~ ~ ,~ _,~~~ _>~=- . y~t,~a~; ~rell knowro to me. ~~~/HEREOF 1 hav~e ±.~ +~'~.~ ~ - ~~~~: ;, ~~::-_- :~=~ M oo~ioe espira: J u n e 3 0, 19 R 3 `' ..:• ~`! ' r ~ , F~f~1! •.~~~ ~~*~`~, ~ PAGF ~~ , ~ ~ - _.~. '+ ~ `_ §~"' ~ :;'.. ~ ~!S . .~% y'..r~¢ °~Je .