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HomeMy WebLinkAbout0935 / 5-57,416-0 12. The Mortgaaor ha~ under t6e otAtr provisions of this Mottga~e and doea hercby assign to the MoRpsoe the rcnu of the Property~ • provided thit the Mortga~or shall, prior to the acakration of the mort~age indobtedneu u olsewhere hcrein prowded or the abandoament of the Property, have the n~ht to collect and rctain such renu u they b~.-come due and payable. Upon accekration uader the other proviiioru hercof or the abandonment of the Property, the Mortgsgee shaU be entitled to take poue3sion o[ and mana~e tbe Properiy and to colkct tbe rcnts ai the Property including tho:e past dut. A!1 rrntt cotltcttd shail be a~sptied firsi to the payn~nt of tt~ costs of maaa~ement o(tbe Ptoperty and collection of the rcnts including but aot limited to attorney's and real esute broker's fees and then to the ium ~ecttred by thi,t Mortp~e. The Mortgagee shall be liabk to account only for those rents actuaUy received. • 13. ln thc eve~t suit is instituted to toreclox t6is mortgage the Mortgagee shall be cntitkd at any time pendinj such foreclosure to apply to . the court having jurisdiction thercof for the appointment of a rccsiver ot the propeny and all of the reats, ihcoma, profib. issuq and rev~eaua thercof from whatever souroe derived and the court shall foMwith appoint ~uch roaiver with the wual dutie3 aad potivecs of reoeivers in Iike caxs and uid appointment shall be made as a matter of strict right to the Mortgaaoe and without rcferonoe to the adec~uaey ot tbe value of tbe i Property oc the solvency of the Mortgagor or any other party to such:uit. The Mortgagor hercby waiva the ri~ht to obKct to the appintcneat o! a rcceivcr and conxnts that such appointment ~all be made as an admitted equity and as a o~iaatter of absoluu tiaht to tbe Mort~asee. ~ t4. Tho abstnct(s) of titk covering the Property ~hall at aU tima during tAe term oi this mortgage rcmain ia Posxtsion of tht Mertpjee and in th~ ovent ot torcclo~ure or other transfer oI titk to the Property. all right, title and interat of the Mortgagor m at~ to the aMtrsct(t) ihal! pau to the purchaser or grantee. . , _ ~ i~. it any instaliment of princ~pai and ~ntercst ~a not paid to thc Mortgagee within fdteen (1 S) dayt after tbe ~ame becomes due and payabk j or if each and every of the Mortgagor's promisa and coveaants xt forth in this mortgage and/or the Note are not fuily and ptomptly ! performod, complied with and abided by, the entirc:um of principal and intercst secured by thia mc+rtgage:hall at the option of the Mortpjee j become due and payabk in full at once aa if origiaally stipulated to be ao paid at iuch dmc aotwithstanding aaythin` in this mortpse or Note to the contrary. , 16. lf the ownenhiP of thc Property or any part thenof becomu vested in a peraon other than the Mort~Eor. the Mortga~ee tnay, wit6out I notice to the Mortgagor, du! with such succcuor(a) in interat with re(erenco to this mortgage aad the Note in the same manner u with the ' Mortgagor, withouE ~n any way discharging the Mortgagor'a liability hercunder or upon any debt 6ereDy secured. No =ale of the Property and ao forbearance on tho part of.the Mortgaget or ~xtension for the payment of the debt hercby secuted shaU operate to nleau, discharse, modify. change or aftect the onginal IiabiGty of the Mortgagor either in whok or in pan. 17. The terms "Mortgagor" and "Mortgagee" wberever used in this instrument shap includ~ the hein. persocul cepraentativa. sucesston and assigns of the respectrve panies; the:ingular number:hafl include the plural, the plural shall include the:inguiar and tl~e use of aay ~ender shap include atl genden. , ~g. Name~s) oi Mortgagor(s): RICHA~tD JONES and VEY~A JONES , his wife 19. County in Florida wherein Property is situate and description thercof: ST . LUC IE The North 1/2 of the North 1/2 of the South 1/2 of the Northeast 1/4 of the Southwest 1/4 of Section 30, Township 34 South, Range 40 East, LESS AND EXCEPT rights-of-way for public roads and drainage canals. Said land situate, lying and being in St. Lucie 20. Rank or priority of this mortgage: COllrit}~, Florida SECOND MORTGAGE 21. Original amount of hote: ~ly,,,~ $5 ,.375 00 ='~n'` j"`'` Matunty of Note: y ~ 5 . $ ~ .t ~ July 1S , 1987 8 P~} 2: 45 22. Date Mortgage and Note executed: `~1:r ~~:f ;,-~,~=rfC ~~:I(ilii?,~~~ ~ . December 7 1981 i-L'~'~ ~''-"r' { fi~. ~ = ~ ' ~'~;G-r9fi~'17R~$ ~:,o ~ t~--~ N ~ }C~ ; ~ C(i:Cllt? C:UR'_n ~ i111 "j i ~ , . ~ r 3--~ ~ " `;Zm m R' ~ Z. ~ 2+ ~ ~51285 - t -n, ~ ~ ~f o ;DOf ~ ~ _ ; _ Q: 1 ~ V~i ~ ~ r. fi It/1tS5CS: f S "1 ~ € (SEAL) ~ ` ICHARD JOI~ES t ortgagor ~ (SEAL) F € STATE OF FLORIDA ) (SEAL) COUNTYOFSt. Lucie . J NES, rtgagor. E ~ Befon me penonaUy appurcd the individual(:) alsove dacribed as the Mortgagor who executed t6e foregoina Mqf~~r; p~11 icnown to me. ~ and who acknowkdged before me that he (she, they) executed t6e usne for the purpou~ thercin eapresttd. IN ~II~W~EREOF I have ~ aet my laand and oft~cial seal in said County and Sute the date upor which tbo mortgagt was esecutod: ~ ` .ii~~`~~. - . ~ r ~ ~ ~ r ~Cf1~ R; My tommission expirci: o • . ` ~ , ' ~ June 30 19~3 ~+R~ ~O ~ _ J~'i;>'''• ' dr,~~K'~VO PaGE 9~• ~ ` ~ ~ 5 i•• . t ' ~ ' ~ ~ ~ , - - T-~ au ~;p. ~ - - _ .~a r.