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12. Tbe Monpsor has under tbe other proviiiont o! tlw Mortp~e aad doa beresy aaisn to the Mortp~ee tbe nata ot the Prope~ty.
pwvided tlut tbe Mortpjo~ shall. rior to tbe aoakntioa ot the wortpse iadeetednps as eluwAen bereia pwvided or tbe abaadoameat ot
ei
tbe Property. have tbe ri~At to 0o aad retaia sucb reau u tbey be~ome due and payabb. Upoa aoakntion unde~ tbe other provisioa~
hereof or tbe abaadonmeat ot the PropertY. tLe M i6a11 be eatitled to take poaewioa otand auaaje_the property aad to collect tbe `
cenu oi the Property iacludinj tho~epast due. AU reau co ahall be applied fust to tbe paynxat of tbe co~b ofmaoap~~eaient ottbe Property ~
and collection o( tbe reau iacludin= but aot Gmited to attorney's ud real ptate brokers tea and tben to the ~ua~ ~ocured by t6i= Mort~a~e. 'Il~e ~
Mortp~ee ~haU be liaek to aooount oely for tho~e rents actwiiy ~eoeiv~ed.
13. la tbe eveat suit is i~atutod to forcclae tlw moMsa~e tbe MoK~a~ee shaU be entitlod st aay time peadinj tuch foreclo~un to apply to t
che ooiut haviaj jurisdiction thereot tor the appoiataaent ot a roaiver oftlie DroDertY aud all o! tbe reau, iuoomea. pt~t~. istup aad re~ren~p ~
thereof fron~ whatev~er souroe derived aad tbe court shall torthwiW ap t such reoeiver Mith cbe wual dutia sadp wen ot reoeiv~era iu Wte ~
casd aad uid appoiatmeat i6aU be nLde u a a~atter of ttrict risht w~ ortp~oe and Mitl~out rdereooe to ebe adeqnacy ot tbe value ottbe
Property or the ~Ivency of tbe Mortpsor or aay other party to suc6 suit. 'Ibe Mortgator 6ercby ~raiva the risht to ob~ect to tbe appoiwtmeat S
of a reoe~ver aad conteats that iuch appoiatmeat ~all be made as an adatitted equity aud at a matur of a6solute n~ht to t6e Mortsasee.
!4. The abstna(:) of titk coverins the Piroperty slull at aU tima durinj tl~e term of t!w mo~tpse remain in Po~xuiun o{ tbe Mortp~ee
and in the event ot toreclosure or other transkr ottitk to the Property. aU ri~At, titk a~d iaterat of tbe Mortpjor ia and to tbe abttrut(t) thaU
psu to the purchaser or Sraata.
13. 1! aay installmeat ot principal aad iaurat i~ oot paid to the MaKp~ee writl~in tJteen (1 S) days Jtet tbe ame becomes due aad payaeb
or if ach and every of tbe Monp~
or': promi:a and cavenaab ut tott6 in thi~ Q?ortp~e andjor the Note ue not fu11y and promptty
pedormed. compliod with ard abided by, the entire tum of priacips! aad iatersst aocured Ay t6i: mo sball at tbe optioa ~tbe Mortp~ee
bocome d~ and payabk in full at ona u J oripnally stiPulatod to be ~ paid at ~uc6 time notwitluta~anyt6ins in this mortp~e or Note to
tt~e coatrary. -
16. lf the ownenhip of the Property or any part tbereof bocoaaes vestod ip a pe~son othet tbaa the Mortpsot. tbe Mortpsee msy, without ~
notioe to the Mortgsgor, dul with such:ucocswr(s) in iaterat witA re[erenoe to this mortp~e aad the Note ia the stme manner a= with the
Mortgagor, without in any way discharaina tbe MoRp
joPs liability hereuader or upon any debt hereby saured. No We otthe Property and ao
forbearana on the put of tlx Mortgaaoe or exte~won for tAe payment ot tbe debt hercby secured shW operate to rela~e. di~charse. modify, ~
change or a(foct the onginal liability of the Mortpaor either w rvhok or in part.
1 The terms "Mort~sgor" and "Mortga~e
" wrberever ufed in this instrument thaU include the Dein, penorW reprqentativq, suoaes~on ' °
and auigns of the rcspaave parties; the un~uLr number slaU inciude the plural, tbe plural shaU include tbe siatular aad the we of aay aender ~
shap iaclude aA genden.
16. Namo(s) of Mortpgor(s): i
EDWARD C. MORRIS and SHIRLEY M. MORRIS, his wife i
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19. County ia Florida wrhereia Pmperty is utwte aud descriptioa t6ereot: ST . LUCI E COUNTY ~
Lots 24 and 25, Block 7, Unit 1, INDIAN RIVER ESTATES, according i
to the plat thereof as recorded in Plat Book 10, Page 43, of the
Public Records of St. Lucie County, Florida.
20. Raak or priority of this mortsage: Receive-l 3_~~p~ U..~. .•,~t ^t 7.;ties
F I RST MORTGAGE ~ue o~ c - ~ ; ' _ - . . . _ .r.
21. Oriaiwl amouat ot Note: Pursu,:;,t r~ 1.
528,350.00 ::•:~~:~t
~~~~x~ Clerk Circui: Caurt, St. ~uu::, Co., Fla.
! 22. Date Mortgaae and Note esecutod:
~ ~ i l.D 22 i:~ ~ ~
February 10, 1983
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g coutvTY oF St. Lucie ~ HIRLEY M0'~RIS, Mortgagor
~ Befon me persoaaUy appared tbe irdividual(s) above de~cribod aa tbe Mortpjor who e~cecuted tbe fore~oio~ Mortp~s, w~eU tao~rn to me,
and ~vho scknorviedgod beforc ~ne t6at be (~he; t6ey) e:ecuted tbe ~ame for t6e purpwea tbtrein eapnped~~Vw~K~SS WHEREOF I 6ave
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~ ~et my hand aod official ual in said County and State t6e date upoo whic6 tbe m 1' ~ -
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My comm;ssioe expira: Februa ry 2 5, 198 S ~ i'` • -
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