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!2. The Mortpjor hs: under tbe other provisions of this Mortp~e and doa hereby ani~n to the Mort~a~oe tl~e reau o! tbe Property,
provided tbat tbe Monp=or s1~aU, prior to the aoakratiou o( the mo~tpse indebtedaas as d~when herein provided or tbe abandonmeat of
the Property. luve the ~sht to colkd and reuin ~uch rsau as tbey beooate due and payabk. Upon aooekration under the othe~ provisions
b~rcof or tDe abaadoament of thc P~operty. tlie Mo~tp~ee ~IiII bE COUlIOd 101tkC Q~t10A ot and manase tl~e Property and to oolkq the
reau oi the Pwpeny includin
j tbose pa~t dne. All renU colkctod alull be applied first to the paya~eat o[ tl~e costs of mansjen~at of tbe Property
and colkaion oi tbe reats iACludia~ but aot liraited to attorney's aad ral aute eroker's foa and then to the:um tocund by twi~ MortZt~e. The
Mortpaee shaU be liabk to aocauat oaly tor tho~e renb actwlly reoaved. .
13. IO lII~ tYCRt tUll 1f 111t1ltUtOd t0 fOICCIOft tbli IDOftjijC tl1C MOitpiCC iI1W bC ClltltlCd at tOy t1fhC pCpdtQt iYCI1 fOI~CCI0iYt0 t0 ippl)I l0
tbe oourt bavin` juri:diction thereof for tbe appoiaunent of a r~ceiv~er of tbe pmpertY and sll of the renq. iacoma. arofib. issua aad rereaua
thereot lrom Mhatever soura derived and tbe court shaU [orth~vith appo~nt sucb reoeiver wnth the usual dutia and~owen ot reoeiven ia like
ca:es and ~id appoiatmeat ~hall be made u a matter ot st~iet ri~ht to ehe Moctp~ aad ~viWout refereaa to the adeqwcy ot t4e value ottbe
Property or the solvency oI the Mortpgor or any other puty to such suit. Tbe Mortgagor hercby ~raiva tbe ritl~t to ob~ect to tbe appOinta~eat
ot i reaiver aad oon~ats that :uch appoiatment alWl be made u in admitted equity and as a autur of abaoluu n~ht to the Mortp~ee. \
14. The abttnct(:) o[ titk coverin~ t1x Property shdl at aU tima dwinj the term of th~ mortpse reauin ia possasioa ot tbe Mortjasee
snd in the eveAt of toroclosure or other traoder of titk to tbe Property, all right, titk and iaterat of the Mortpaor in aad to tl~e abstraa(~) tl~all
pass to the purcha:er or granta.
1 S. I! any i~taUment c+f principal and interat ~ not paid to the Mortp~ee within fdteen (1 S) days Jter tbe asme becoma due and payabk
or J eacb aad every of the Mortgaaor': promisa aad ooveaants set forth 'u~ thi: mortpge and/or the Note u+e aot fuUy and promptly
performod,~ compliod .vith aad abided by. the enare sum of principal and interat :ocurod by thi: mortgaae sl~all at the option of tbe Mort~asee
bcCOme due aad bk ia full at ona as dori 'aall sti iilatod to be w g~ ~
paya p y p paid at:uch time aotwitlutaadin6 anythin
j in ttw mottjt~e or Note to
t6e oontcary.
16. lf the owAenhip of the Propecty or any put thenof becoma vated ia a person otherthan the Mortpgor. the Mortgijee may, without
notia to the Mo~tgagor, deal with such :uoaasor{:) ia iaterat with rcferenoe to this mortgage and the Note m the ~me atanaer as wiW the
Mortgagor. without in any way discharging the Mortgagor's liability hereuader or upon any debt hereby secured. No:ale of the Property and no
forbeanna on the put of the Mortgagee or extension for the paymeat of the debt txreby aecured shall operate to reksse, dis~bu=e, modify,
change or atafect the ong~aal IiabiGty ot the Mortgagor either ia whok or in put.
17. The terms "Mortgagor" and "Mortgaa " wherever naed in this i~trument ahall include tue heirs. penonal repraenutives,:uooeuon
and sssigos of the rapective pania; the siagula number shall include the plural. the plural ahall include the ungular and tbe we of any ~ender
sbaU iaclude all geaden.
18. Nune(:) of Mortgagor(:): ~ -
DOUGLAS E. GFIMES AND J. I~IAiVE GkIMES, ALSO ~NOWN AS
JANICE D. GRIMES,~;'his wife
19. Counry in ~Florida whereia Property is situate and dacription thereof: ~ j
ST. LUCIE Receive:} $_c~~~ 0! 7ax~s
L O T 1 A N 1
1 2 BLOCK 1 Due on C::.:; :..o.sr.y, s
WAGNEk SURIIIVISION Pu,s::~n; ~o , _ , ~,r 1~:1.
ACCORL~ING TO THE FLAT THEREOF AS RECOkL1EIi IN ~
FLAT P001~ 9 F_AGE 74 C!erk CircuiE Couri, S:. ~ucie, ~o., F~a. ~~7 ~
20. Raalc or priority oi this mortgage: • ~
SECONI~ -
21. Original amount otNote:
r-
~~'i ~ 12, 975. 00 ~ ~Y ~8 A9 ~ ~
3M~ood~q~okMax _ ~ ~ 3
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! 22. Daee Monasac aad Noee esccutod: ROGER Q + + ~ ' ~ ' , - ~ J '
~ AFRIL 2~, 1984 ST. LUCI~ COUNi F~~~ r'~~
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5 (SEAL)
~ D L GRIMES ort` a or
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(SEAL)
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~ I~IANE GkIMES, Mortgagor .
~ STATE OF FLORIDA )u;
, coulv'['Y oF St . Luc i e ~
Before me rsoaaU a red the individwl(:) abovs de~cribed u tbe Mo or who eaecuted tbe fo ~
~ P~ Y PPa rtpt re~oina Mortp~e, w~eU kaowm to me.-
~ aed ~vho ukeo~riedged befon me t6st be (she. they) executod tbe same for tbe purpwe~ tLereia expreued. IN WTTNFSS WHEREOF I hav~e ~
~t my band and officW teal in said County aad State ibe date upoa w~hic6 t6e mort6a~e wrst eucut~. .;,r: ~
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. ~ o~u~? Rrait, S~tt d';~forids .
My commis:ion expira: 3/ 2 8/ 8 7 C•' r~~ ' '
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