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5-54,826-3
12. TAe Mottgaaor has under the other provisiont of th~ Mortgage and does hercby suign to the Mortgaga the renu o! the Property,
provided that the Mortgagor shail, pnor to the aocekration of the mort~age indebtedaess,.s etsewhere herein prov~ded orth=aDandonmeat ot
the Property, have the nght to colkct and retain :uch rcnts as they become due and payabk. Upon aoaleration under the other provisions
hereof or the abandonment of the Property, the Mongagoe shall be entitkd to talce posseu~on of and maaage the Propeny aad to colket the
renu of the Property including those put due. All rents collected ahall be applied fint to the payment of the costa of management of the Property
and collection ot the renu iacludi~g but not limited to attorney's and ral estate broker's fas and the~ to the sum aecured by this Moriaage. The
Mortgaga shall be liaDk to account only for those rents actwUy reoeivcd.
13. I~ the event suit is institutod to foreclose t!-u mongsge the Moctgagoe sAap be entitled at any time pending:uch toreclosun to apply to
the rnurt having juriadiction thereof for the appointaxat of a reai~Yr of the propertv and all of the renu, iacomet, profits, issua aad revenua
thereof trom whatever soura derived and the court shall fonhwith appoint such reoeiver with the usuat dutia and powers of rcoeiven in Gke
cases and uid appointment shall be made as a matter o! nrtct riaht to tlx Mongaaee and arithout rcfercna to tbe adequacy oi the value oi the
Property or the solvency o[ the Mortgagor or any other party to such suit. The Mortgago~ hercby aaiva the right to ob~ect to the ap*ointment
of a receiver and consents that such appoiatment shaU be made ~ an admitted cqwty and u a matter ot absolute nght to tbe Mortgaaee.
11. The abstract{s) of titk covering the Property shall at all times during the term of this mortgage remain in Poasession of the Mortgaga
and in the event of torecloaure or other transfer of titk to the Property. all right, titk and interest of the Mortgagor m and to the abstract(s):hall
pus to the Purchaser or gnnta.
1 S. If any installment ~f principal and interest is not paid to the Mortgagee within fiReen (1S) dayt atter the eame becoma due and payabk
or if eacA and every o( the Moctgagor's promisa and coveaaats set forth in this mortgage and/or the Note aee not fuUy and promptly
performed, complied with and abided by. the entirc sum of principil and interest securcd by this mortgage ahall at t6e option of the Mortgagoe
become duo and paysbk in full at once u if originally stipulated to be so paid at such tims notwithttanding anyi6ing ia this mortgagc or Nott to
thc contrary. _
16. lf the ownenhip of the Property or any part the~eof becoma vcsted in a person other than tde MoRgagor, the Mortgagoe may, without
notia to the Mortgagor. deal with ~uch successor{s) in intercst with nfercnoe to this mortgage aad the Note in the same maaaer as with the
Mortgagor, without in any way discharging the Mortgagor's GabiGty hereundet or upon any dcbt hereby socured. No sale of the Property and no
lorbearance on the paR of the Mortgagoe or estens~on for the psyment of the debt hercby secured shaU operate to rekase, discharae. modify,
change or af(ect the ong~nal liability of the Mort~agor either m ahok or i~ part.
17. The terms "Mortgagor" and °Mortgag~e" whercver used in this instrument shaU include the hcin. personal repraentativa. sucocuors
and assigns of the respectrvc partia; the singular number shall include the plural, the plural shall include tht siagular and the use of aay gender
shaU include all genden.
18. Nam~(s) of MortgagoKa):
~A\C1' L. JO\I:S, joine~l by }~er liusband, DA1'lI~ L. .JO\l:S
19. County in Florida whenin Propcrty is sitwte aad dacription thercof: S'f . LUC I I: CUU\"I'1'
Lots 33, 34, and 35, Block 47, SA~ I,UCI1: PLAZA, UNI'I' 1, as
per plat thereof on file in Plat Book 5, at Page 5~, of ttie
Public Recorcls of St. Lucie County, f~lorida.
20. Ranlc or priority of this mortgage:
sECO~n ~tORTGf~ct:
21. Original amount of Note:
S3~J~5.~~
Maturity of Note:
August 15, 1987
22. Date Mortgaae and Note eaecuted:
~iarch 14 , 1981
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' ' I~FS, hlortgagor -
(SEAL)
STATE OF FLORiDA ) ~ ` _ _ _(SE.1I.}
Courv'i1t oF ~`• n' D L. • 0\IiS ,~i rt gagro~`'_ ..
St. Lucie ) 't+t,~ ';• ,`s~
Before me penonally appared t6e individual(:) above dacribcd ss tbe Mortjs`or aho eaecuted tbe fore~oina M. ,~~ known to me.
and Mho ulcoowkdgod betorc me that be (s6e. t6ey) executed tbe same for t6e purpous tbenin expre~ed.1N W~~N~~IYHEREOF I 6ave
•et my hand aod oificial xal in uid County aad Sute tbe dau upon which tbe mortp~e w+u esocuted. ,,~;,:.~ •• '
My coomiaioa e:qra: June 3~) , i') 8 3 i;;;~i} ~5~