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HomeMy WebLinkAbout0760. ~ ~"" ~ ~ 3 ~ ~ _ , ~~ ; 5-54,586-3 12. The 1Nortp~or !w w~ We other provisio~ of thi~ Mortpse and doa bereby auiso to the Mort~a~ee the reata o! the Property. provided that the M ctppr /bL~, o~ to the aoakntion ot the aartpse iadestedness a elsewbere bcreia provided or the abaAdoameat ot the Pwperty. have the ~jht to co~ and retaia iuch reau u tlKy tiecome due aad payabk. UpOn aoakration w~der tbe other p:ovisioat hereof or the aba~donment of the Property. the Monp~ee :AaQ be eatitkd to take pos~ession of aud aunase t~e Properly aad to colkct tbe rcnts of the Propeny includin~ those put due. AU reab oollected shall be applied Grst to the pay~ne~t otthe cosu o[ a~ana~ecurn~ ~ttbe Property and collection of tAe rcnts includiag bue aot Gmitod to attorney': and ral aut~ brolce~'s tea aad thea to the sura recured by this Mortpse. The Mongagee shall be liabk to aceount only for tho~e reau actwQy reoeived. 13. !n tbe eveat suit ~ institutod to foroclose thit mort~,tse the Mortptee thaU ee entitkd at aay time pendir~:uc6 foreclwurc to apply to the court having jurisdictio~ thercof for the appoiatmeat of a reaiver of tAe Droperty and all ot tbe rrnu, iacomes, profiU. ias~s aad reveaua chercot from whstever wuroe derived and the court ibaU tortAwith appoiat sucb recsiver ~vith the wual dutia aad ~ren of rsaiven ia Glce cases aad uid appointment shaU be made u a matur o[urict ritht to the Mort~,asee aad ~vithout rekrenoe to tt~e a~uacy of the value of tbe Property or the solvenry of the Mongasor or aay othe~ party to sucb tuit. Tbe Mortgagor txreby waiva the riaht to object to tbe appintment of a reaiver and coasents that such appointment sball be made u aa adcnitted eqwty aad u a matter of a6sotute ~aht to tbe Mortja=oe. 14. The abstract(:) of titk coverin~ the Property ihall at ali tima durins the term ot tha monp~e ceauin in po~ssion of tbe Mort~,asee and in the event of foreclosurc or other tnnsfer oi titk to tbe Pwperty~ all nsh~ titk and interat of the Mo~tp~or ia and to the abtract(s) dWi pau to the purchs:er or grantee. 1 S. 1f any i~utallment of priacipal and iaterest is not paid to tbe Mort~a~ee w~ithin fi(teen (1 S) dayc afte~ the ~ame beco~a due and payabk or if ach and every of the Mortr aor's promixs and covenaats ut fort6 'w tliit mort~ase and/or the Note an aot fuUy aud promptly pedoraied. complied with and abided by. the eatire sum of priacipal and interat Kcured by tltit mortpge ~hall at tbe option oitbe Morip=ee become due and payask in (ul! at onoe u Joripaally uipulated to be so paid at sueh time notwitlutaAd~nj anythin~ in thii mo~ip~e or Note to tbe contnry: 16. If the ownership of the Property or any part t6ereot bocoma vated ia a peraon other than the Monp~or, tbe Mort~ee may. without noticc to the Mortgagor, deal with such succcssor{s) in iatecat with referenoe to this mortaage aad tbe Note in the saaae manner as with the Mortgagor. without ~n any way discharging tbe Mortp6or's tiability hereunder or upon any debt Ixreby secured. No sale ottbe Property and ao (orbcannce on the part ot the Mortgaaee or eateesion for tbe payment of tlx debt hereby aecured s}uU operate to teka~e. dischar~e. modity. change or afkct the onginal tiability of the Mortaagor either ~a whok or ia part. 17. The terms "Mort4agor" and "Mortgagoe" wt~erever used in this irutrument shaU ioclude the bein. persoual repraenutiva. suoasson and assigns otthe respecuve partia; the:in~ular number shaU iaclude the plural. the p1unl:haU include the ~ingular and the useotany~ender shaU inctude all ge~den. 18. Namcls) of Mortgagoc{:): FRANKLIN DiSOMMA and LUCY A. DiSOAQiA, his wife 19. County in Florida w~herein Property is sitwte and daaiption thersol: ST . LUCIE Lot 18, Block 284, pC~RT ST. LUCIE SECTIOi~ ONE (1), a subdivision in St. Lucie Count~-, Florida according to the Plat thereof recorded in Plat Bcuk 11, at pa~e 53 of the Public.Records of St. Lucie Co~anty, Florida 20. Rank or priority of t6is mortgs~e: 21. On~~~limounORiTN AGE s2 ,1 ~s . oo i`i'~'9'71 Maturity o[ Note: February 1 S, 1985 1~~1 F~ ; 24 t':i ~-3?_ 22. Date Mort6ase and Note executed: . c ~ .,~~ c: :.~i: ~•: [~ February 17 195; '' ~ ~'~~fn~ ~"f ~ i~'' "' ~ r? C G. f' _,17 :.:, ~.f ~f. ['''i 'ii~ r.~~ - - ~- -'_" -_-_'.. - - - . ' c _ ~ y - - a . r f _ ' ~r ._ ~~ ~-~- tj V ~ ~ ~ ~•' ~ ~ .. i ._ - - '. -~-. ~_-- -- ~ i W;t~_ ~/ ~ ~ . ./ (SEAL) ~ FRANKLI DiSOr " , riortgagor ~ ~`''~' ~~ ~ (SEAL) J STATE OF FLORIDA ) ~• Q i S s•~.,..~:wS~~AL) CoUrv'rY oF St. Lucie~"- LUCY A. isora~a, riortgagor Beforc me personaUy appcarod tbe individusl(~) above dacribed u t6e Mortpsor w6o eaecutod the fore~oi~ Mo~~,~U kao~ra to ioe, and wrbo ackaowkdaod before me t6at be (i6e. tbey) executed tbe ume for the p~tposea tberein expreued. IIf~IY~~~~$i~EOF I 6are •et my hand and otficial teal in said County and State tbe date upon whic6 tbe mortp~e wra~ esecutod.:'~ f~~~,.••••~ ~;, . ~~~ . ' t i - - '~ .w.. - F •- - .. ~ ~i1 • i ~ 1~ Il: ~`//~`~. ~a`' ~ ~ i. O fy ~11 ~Idt My commissioa ex . R ~ ~~~~~ ~"'.~ ~~ P'r"' June 30 1983 ~~ 349 ' ~. `~~~~ ~' ~ ~. ~ ~~Tj;x . F~~~ ?61 . ti ~ . : s~ ~ . ~ ~ . _ _ -: , :~ -- _ ~ - ~ .__ . .. r ~_~~. . ~__~