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HomeMy WebLinkAbout2603Ci ~ 7' =~,.~ 5-54,506-1 12. The Mortp jor Au under tbe other provi~ions ot thit Mortp~e aad doa bereby aaisa to tAe Mort~a~ee tbe reats of tbe Property. provided tbst tbe Monp=or il~aU. pria to tbe aoakntioa of ths eno~ya~e iadebtodaas as ebewhere bereia pwvided or tAe abapdoameat ot tbe Property. have tbe risht to oollect aad retaia sucb reau u tbey eeoome due and payabk. Upo A i00CIEpl10A YlldCf WO OtAC[ PfOVlilOlY bereot or tbe asaadoameat ot tl~c Propenr. tl~e Mat~a~ee shall be eatitkd w talca po~e~ioa ot iad mana~e t1~a propecty aud to ooDa,~t tbe ceatt otthe Pwperty iacludi~ thae put due. All ~euq oolNcted tball be applied fust to tbe paymeat of tl~e oosu ofmana~eineat o[ tbe Property aad oollectioa o[ tbe roau iac udins but not limited to attoraey': aud real euate brokers [ea sad tben to tbe sum iocured by thit Mort~,sse. TUe Mortp~ee t1W1 be liabk to acoount only for tho~e rena aetwU~r reoeiv~ed. 13. 111 IIIC C11C11~ ~Wl It 111tplYlOd 10 ~01'ECIOf! ~li dlOflj~lj! lLC MOn~,a~ee ~ll be endtkd at aay taoe pendinssuch foreclosun to aPMY to the oourt bavias juri~dictiaa theceo[ [or tlx appoiatn~eat ~ a reoeiv~er oi tlie property aad aU af tbe rcnu. iaooma. prcfita. iaues u-d cev~eoua tl~ereof !wm whatrrer wura derivrd ud the ooiut. shali foctLMitA appa~t:uch reaiver ~riW tbe wual dutia and wen of reoeiv~» ia like eoei caa and taid appaatment abaH be made a~ a matter o( ttrict ris6t to tbe Moctp~ee aad ~rithout referena to tbe a~wry of tbe value of the Propaty or tbe solveucy ot tbe Mortpior or any otber puty to ~nch twt. 71ie 1~lo~tpsor bereby w~siva tLe rit6t to ob~ect to the appow tmwt o! a reoe~ver aad oon~enu that :uch appoiatmeat ~hall be made as an admitted equity sad as a a~atter oi a6wlute njbt to the M~np~ee. !4. Tbe ab~tra~t(a) ot titk coveria~ tbe Property sAW at W tima d tbe term of thi: mortsase remaia ia pos~euion of tbe Mo~ipice ae~d in the sv~eat of loreclwun or other traa~[er of titk to the Property. a11~t~ titk and iaterest o! tbe Monp~or m and to tLe ab~tract(s) alW! pau to tbe purehaser or ~raatec. ! 3. If any iniWlment c~t priacipal aod interat u not paid to tbe M ~vithia fJteea (1 S) dar afur t6e tame becoma due and payabk or if euh and ev~ery ot tbe Mort~o r"spromua and oov~eoants'et fo ia this mortp~e aad/or t6e Note are not fisUy aadpromptly performod. compliod witl- aad abided Dy. tbe entire sum of prinapal and inte~eat tecurod by this mo s6all at t6e option of tbe Mortpjee eecome due and payabk ia tull at onoe as J oripoally stipulated to be w paid at such time notwithsta~aaythio~ in t!w moripse or Note to tbe coatrary. ~ 16. 1f the owaecship of the Property or any put thereo! becoaxs vestod in a pcrsoa other than the Moctpsor. tbe Mortp~ee ~aay, ~riWout notice to the Mortp~or. deal writh :uch :uooeswr(s) ia iutet~eat ~vith retereaoe to t6i: mortp~e aud tbe Not~ in the xme maona u~vith tl~e Mortsaaor, without in any way discharpn j ehe Mortptor't liability bereunder o~ upoa any debt hereby tec~red. No ale ottbe Pro torbuana oa the part ot the Mortgaaae or exteruioa tor tbe payment of tbe debt benby secured shW operate to re{a~e. diic ~ymo~dif~~ clua~ or attect the oripual liability of the Mortssjor atber in whok or ia Part. y 17. Tbe ter~ "Mart~or" and "Mo " wlierever wed in t6is iniwa~eat sl~all include the 4eirs. penoea! repraeatativa. tuaeswn aad astia~ of the rapxt~ve panies: tbe si ar numDer shaU iaclude tbe plural. t6e plura! thall iaclude tbe untular aad tbe we of aay ~ender s6aU include all aeaden. ~ !8. Namel:) ot Mortpao~{s): MIRREOLA IVORY, an unmarried woman ~9• COYA~Y ID Fl~if~a M~lftip PfO~My If fi~UiLC iO6 dliQl~lOR ~ St . Luc i e County Lot 26, Block 3, of PROSPERITY PARK, a SUBDIVISION in the North 1/2 of the Northeast 1/4 of the Southeast 1/4 of Section 4, Township 35 South, Ran~e 4~ East, according to the plat thereof as recorded in Plat Book 7, Page 55, of the Public Records of St. Lucie County, Florida. 20. Rsnk or prioritp of this mortp~e: SECOND I-iORTGAGE 21. Orisina! amonnt ot Note: ~1,575.00 Maturity ot Note: March 15, 1986 22 Date Mortpje aad Note esecuted: February 12, 1981 /~ ~ ~ Received i J~/ J In Peyment Of TaxK Due On Class "C" tntangible Persone~ prop••t~,, q~rsuant To Chap!er 71, 134. ACt! O~'~j ~~. ROGER POITRAS ~! ~t~ Circuit Coun, St. Lucie, Co., Fl~. I981 FEis I 8 IU! i I~ 28 FILEC tAt F~ i (,r•~t~ ,~ sRGG~R(•GUvf Y.1I h. f'Q: i f*AS CLERK'CtF~UlT CP;1RrJ~ '~i~ ~t~P:'~_ {, ^ 9t ~,--a . , - ~~~~ ~ ~AlltOtifq' ~/~'(/ ~ ~- - ~ ~~~ ~~ V ~ INI RREOLA IVORY , STATE OF FLORIDA )~ CoUxtY oF St . Luc ie ) ~~'`~ ($FwL.) biortgag7~r" (SEAL) Bdore me persoaally appeared t6e individuti(~) above dacribed as t6e Mortp~or wbo e:ea~ted tbe fo~oin~ aad who ukOOwkd~ed bdone me th~t be (a6e. tbhrl exewted tba ~ame for t6e purpwa t6a+an ra[preMOO. I~ •a my hand snd of~iwl ~eal io iaid Couat~- aad Sts1e t6e da~e opon w6id~ tbe moryye wat e~e~uted:;~t' r !*'~`•''Hl.~y _ 4 _ . a.t.`:.~a.~ :•. ~t:M~ to me, g WH 6ave :~~. ~ ~' ~ r ~~ -!~.:~"'_ ~ ~ ~ u~ty o~~ ~:~.: ~ ~ ~ _ .~~ -~.~~~..Y,.:.~ w:~~. ~~ ~ ~ . _.. .. June 30, 1983 ;~ 5~~'~cJ~S P~GE ~,; ~-..-f~ _~ - ~- ~~~