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12. The Mon~aao~ has under tbe otber provisions ot thit Mortpse sr~d doa heroby sssija to theMort~~oe t6e reau ot the Property~
provided that ~he Mortp~or ahall. prier to the accekratio~ ottlx mortp~e ir~dtbteQness u elsewhere hersia ~tavided or the sbat-doamsnt of
tAe Propeny, have the ~jht to colkct and rctaia iuch rents u they baoa~e due and piyabk. Upon aooekntion w~der tbe otber provision~
hercof or the abaadonment of the Property, tbe Mortpsee ihap be eatitled to take possest~on ot and ~aaaa~e tl~e property aad to coAect the
rcats otthe Propeny iacludin~ those put due. Al! rents coUocted ~hall be applied fint to the paymeat of the cocu of maaaSaneaCo(tbe Property
and colkction of the rents including but aot Gmitod to attorney't ar~d real estate brokePs foa aAd then to the:um secuted by this Mort~ase. The
Mortsagee ahap be liabk to aceount oaly tor those reats actwUy reoeived.
! 3. !a the evoat suit is iastitutod to torcclose t!~ mortisje the Mortp~oe thW be entitkd st aay tune pendia~:uc6loralosure to apply to
tlie court having jurisdiction thereof for the appoiatmeat of a reaiver of tl~e Droperty aad aU of the rcats, iacoma, pwfi4. issues and revenup
chereot from whatever soura derived and tbe court thall torthwith appoint tuch rooeiver ~viW t6e uswl dutia aadpo ~ren of reoeivers in Gke
ca:e: aad:aid appoiatmeat sbaQ be aude u a aatte~ ot:trict rijht to tbe Mortp px aad ~vithout referenoe to t6e ~d
Property or the sotvcncy of the Monaagor or s~y other party to:uch suit. Tbe Mortgsgor hereb waiva tbe ritht to ob~ o! tl~e value of t6e
y jOCt [O ~1! ap POIDI~lCpl
of a rcaiver and conxnu that auch appointment :haU be made at aa admitted equity and u a matter of a~tolute ntht to t6e Mortsa~ee.
1~. The abstract(s) of titk coverin~ the Property ihall at ap tima durins tbe term of thu mortpae remain in ~ueuioa ot tbe Mortta~oe
and in the event of foreclosure or other tnnsfer of titk to tGe Prooerty, aU right; tick and in4ere~ ~(4~ J~,~Q~~,~~ ~,~ i~,~ 3~if.~s) ~,~;!
pau to the purchaser or 6raatee.
1 S. if any instaUment ~f priacipal and interest u not paid to the Mottp~oe wit6in fiftoen (1 S) dan after tbe ume becomu due and payabk
or it uch aad every of the Mort~agor': promi~es aad coveaants ~et forth 'ur thii mortp~e aad/or the Note an aot fuUy and promptly
pcdormod. complied with and abidod by, the eatire:um of principal and interat Kcurod by thit mortp~e ~hall at t6e option of the Mortpsee
bocome due and payabk in fuli at onoe u d oripoaUy stipulated to be fo paid at tuch time notwitlutandiaj saythiaa in t!w mortp~e or Note to
the contnry.
16. lf the ownership of the Property or any part tAereof bocoaies vestod ia a perso~ other thaa the Mottpsor. tbe Mortp jee may. w~ithou{
notice to the Mortgagor. deal with such suoauor(:) ia interat with rcktena to this mortgagc and tbe Nou ie t6e ume manner as with tbe
Mortgagor, without ~n any way dischargina the Mortgagor's liability lxreunder or apon any dcM hcceby secured. No sak oithe Property and ao
forbean~ce on the part of the Mortgagoe o~ exte~s~on for the payanent of the debt hereby secured shall operate to relase, dischuse~ modify,
change or affect the o~g~nal liability of the Mortpaor eitt~er ia whok or in part.
17. The ternu "Mort~agor" and "Mongaga" wheaver usod in Utis irutrument shall include tbe 6ein. penonal reprssentatives, suoa~spn
and assigns of the rcspect~ve panies: the singular number s~all include tbe plural. t6e plural :hall inciude tbe sin~ular and the use of aay ~eader
shap include all aenders.
I8. Name(s) of Mortgaao~{s):
MIRREOLA IVORY, an umnarried woman
19. County in Florida wherein Property is situate and dacription tbereoL• ST . LUC I E COUNTY
Lot 26, Block 3, PROSPERITY PARK SUBDIVISION, in the North half of the
Northeast quarter of the Southeast quarter of Section 4, Township 35
South, Range 40 East, according to the plat thereof as recorded in
Plat Book 7, Page SS, of the Public Records of St. Lucie County, Florida.
20. Rank or priority ot t6u mortp~CC:
SECOND MOR1'GAGE
21. Oripnal amount of Note:
$3,125.00
Maturity of Nott:
July 15, 1987
22. Date Mortgaae and Note eaecuted:
Aiarch 3, 1981
519'761
~81 i~lR 10 PM ~ 34
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Betorc ax personaUy appearod tbe individual(~) above dacribod as tbe Mortp~or who e:ecuted the
and wbo acknowkd~od beforc me tbat be (ahe, tbey) eaocuted tbe ~ame for the purpwea thercin
•et my htnd and offxial sal in :aid County and State tbe date upon w~6ich tbe mortp~e ~ ,- • .•••:~~~ ~:
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F!LEC RNC FECUkcro
ST.I ULIE COJYIY.It A.
RrGER P017R,S5
CLERK CIR.UIY CCUi+i
- , • . .. . . , ~~ --
~f Y (SEAL)
, rio tgagor
(SEAL)
, wreU kao~wn to me,
WHEREOF l luve
June 30, ] 983 ~~'}-~' ..: "'' '
My commiuion cxpira: ,.,~'~;~ •;'••~~~``
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~^~t~(,,`JV F~~F 11)z ~-r
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STATE OF FLORIDA )u_
couN'rYOF St.Lucie ~ ~