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1~. The Mortp ~or !us under t6e ather provaians of ihis iNorip~e aad doa be~tby u~isn to the MoKSajee the reat~ ot tbe Prope~ty.
provided t!-at tbe Manptor shaU. prioc to tbe sooeknaoa of the moctp~e indcMod~u ss el~swhere berciu provided or tbe abaadoament ot
ehe Propeny. have the ri~ht to coUcct aad retaia such reats u tlky beoome due aad payabk. UpOa sooekntioa uader the othe[ p~uvisioaa
l~ersof or the abaadonraeat of the Propeny. the Mons,a~oe shall~ e~ae atkd to take po~sion o! aud maaaje tbe P'rope~ty and to ooUect the
reati of the Property iacludia~ thae due. AU ceats ooUocted pptied itrst to the pay~aent oi the cats oi tpana~emeot oi tbe Propemr
and colkction ot the reats iacludins ut pot limitod to sttoraey'~ ~ad real atate brolceri (ea aad tAen to tbe sum ~ocurod by t!w Mortp~e. lbe
Mortpsee tbatl be liabk to aocount oaly tor tho~e ceab utuaUy roaived.
13. Ia the eveat:uit ~ iastituted to (oreelo~e t6is mort~sse the Mortpsee:haU be entitlod st aay tia~e pendias sucb loreclaura to apply to
the oourt havinj juritdictioa thettof [or tbe appointmeat ot a rooeiv~e~ oft4e propertv aad all of the oeats, iacoma. ~coGb. usua aad revenues
thereof from whatever so~uoe derired aad the oourt ~AaU forthwith appaat:ucb reoeivrr with t4e wual dutia aadpo~ren ot c~eoeiven in like
cues aad ~aid appointmeat sball be aasde u a a~atttr oi strict risht to th~ Mortp ~a and Mrithout refereaa to tbe adoqwcy oi tbe value ot tbe
Prope~ty.or tbe wlvcucy of tbe Monpsor or any otLer party to such suit. The Mortpsor bercbr wraiva tl~ risht to o~ to~ ~ ppointmeat
oi a reoaver and coiweau that :ueh appo~etmeat sball be msde as aa admitted eqwty aad u a matter of a6wlute M rtpsee.
14, '1'h~ z~r~!~~ !+~I titk soi+ezing s!x Psag~!; ~.~-,~~ -s a!3 ti~,:= G:~~, ~ te~n ~f i~is ~ursg~c ~~siu ia ~uu~t:~oa az ~ iv~~see
and in the eveat oi foroclaun or other transkr of titk to tbe Property, all n~ht, titk aod interat of the Moctp=ot u- aad to tbe sbtraa(~) shafl
pus to the purelwer or ~aatee.
13. I( any irutaUmeat o( prinapsl aad iaterat u aot paid to the Mortsayoe ~withia fJteen (I S) days after t6e tame becoma due and payabk
or if ach aad tvery ot tbe Mort o~': Promiia and ooveaants aet fort6 u~ tl~s mort~a~e aud/or tl~e Note are not fuUy and promptl~r
pedormod, compliod w~th aad ab~ by, the eatire tum ot priucipal ~ad interat saured by t6is mort s1aU at the option of the Mortpsee
bocome due aad payabk ia fup at onoe a itoripnaUy stipulatod to be to paid at such time aotMntlutan~aayt6in= in tbu mortp~e or Note to
tbe eontrary.
16. lf the owacnhip of the Propcrty or any put tlxreat Aaomes v~ested in a penon other than the Mortpjor. the Mort~s~ee may. without
notice to the Mortgasor. deal with :uch :uoassor(:) in iaterat with refaaaa to t6it mortp ~e and the Note in t6e ume maaner as with the
Mortaagor, without in any way discharaina t6e MoRpso~s liability bereuader or upon any debt herepy tecurod. No sak of tLe Property aad ao
[orbearana on the part oE the Mortgaaee or exteroion !ot the psyment oi the debt heaby ~ecured sf~all operate to rela~e, diuhar~e. modity.
chanae or af[ect the onpnal liability of the Mortpsor ather m rvhok or in part.
17. The terms "Mort~aor"' aad "Mort "wbecev~er used io this instrument:hall iaclude the heira. persoaal cepraentatives. suooeason
and assigns of the rap~ect~ve partia: the ang~ar aumber sbaU include tbe plural. tbe plural:baU include tbe univlar and the we of any ~ender
shaU iaclude aU `eaden.
l8. Naa~o(s) of MortgaaoKs):
GERr1LD E. JAMES and AUDREY E. JAr1ES, his wife
19. County in Florida tiv6erein PropertY i~ ~tuate and dacriptioa theteof: S T. L U C I E CO U AI T Y
PARCEL A: The South 50 feet of the South 100 feet of the North 200 feet
of the L'ast 246 feet o f the Southeast quarter of the Southeast guarter
of the Northeast quart er of Section 12, Township 35 South, Range 39 East;
LESS RiRhts-of-way for public roads and drainage canals; said land
situate, lying, and being in St. Lucie County,
2p, wdc or prioricy oithd mortpse: Florida . ALSO, PARCI:L B: The South 7 S feet of the
FIRST MORTCAGE lVorth 150 feet of the East 246 feet of the South-
21.OripnalamountolNoce: east quarter of the Southeast quarter of the
$10,875.00 Northeast quarter of Section 12, Township 35
M:cun~yo[Noce: South, Range 39 East; said land situate, lying,
September 15, 1987 and being in St. Lucie County, Florida.
22. Dau Mortp~e s~ Note e:ecutcd:
l~tarch 4 , 1981
S19'76~
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(SEAL~
GE LD .. JAMES ortgagor
• (SEAL)
AUDREY E. JA I:S, ortgafior ~
2
Se(ore me personalty appeared tbe udividual(~) aDov~e dacribed s~ tbe Mortpsor w6o
~nd ~r6o ~ckao~rkdsed before me tbat be (~be. thry) e~rted the tame for tbe pnrpae~
ut my hu~d and offrcial ~esl in ~aid County and State tba date upon whie~ the moe~
MY c~mmiwoo a~pra: J u n e 3 0,
is83 ~,,,~;~ I,c1tl P~GE 1 •~~
lrtortp~e. weU Icnow~o w a~e.
~'tN$SS WHEREOF I 6sve
STATE OF FI.ORIDA ) ,
COUNTY OF St . Luc ie )~''