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12. The ~lortgagor has under the other provisions of this Mortgagc and does hereby assign to the Mortgagee the rents of the Property,
provided that the Mortgagor shall, pnor to thc acceleration of the mortgage indebtedncss as dsewhere herein provided or the abandonm~nt of
the Property, have the right to collcct and rctain such rents as thoy become due and payable. Upon acceleration uoder the othtr provisions
hereof or the abandonment of th~ Property, tht Mortgagee sha?1 be entitled to take possession of and maoago the Proptriy and to coilect tht
rents of the Property including those past due. All rents collected shall be appiied first to the paymcnt of the costs of management of the Property
and collection of the rents including but not limited to attorney's and ceal estate broker's f~cs and then to the sum stcured by this Mongage. The
Mortgage~ shall be liable to account only for thou ren:~ ~ctually received.
13. In the event suit is instituted to forcclou this mortgage the Mortgagce shail be entitlcd at any time pending such foreclosure to appiy to
the court having jurisdiction thereof for the appointment of a receiver of the propertv and aU of the rents, incomes, ~rofits, issues and revenu~
thercof from whatever soura derived and the court shall forthwith appoint such receivtr with tho usual duti~s and powers ot rcceiven in lilce
caus and said appointment shall be made as a matt~r ot strict right to the Mortgagee and without rcfercnce to the adequacy of th~ value of tbe
Property or the solvency of the Mortgagor or any other party to such suit. The Mortgagor hereby waives the right to objcct to the appointment
of a rccaver and consents that such appointment shaU be made as an admitted equity an~ as a mattet of absolute right to the Mortgagee.
14. The abstract(s) of titlc covering the Property shalt at all tim~s during theterm of this mongage remain in Qouession of the Mortgagee j
and in the event of forcclosure or other transfer of title to the Property, all right, title and in[~rest of the Mortgagor ~n and to the abstract(s) shall j
pass to the purchaser or grantee. '
I S. If any installment of principal and interest is not paid to the Mortgagec within fiftcen ( I S) days after the sxme becomcs due and payabk j
or if each and every of the Mortgagor's promises and coveno::r r-.! forth in this mortgage and/or the Note arc not tully and promptly
pcrformcd, complicd with and abided by, the entire sum of principal and interest sccured by this mortgage shall at the option of the Mortgagee
bccome due and payable in fuU at once as if originally stipulat~d to be so paid at such time notwithstanding anything in this mortgage ~r Note to
the contrary.
16. If thc ownership of the Prop~rty or any part thereof becomes vested in a person other than the Mortgagor, the Mortgagee may, without
notice to the Mortgagor, deal with such successor!s) in interest with refercnce to this mortgage and the Note in the same manner as with the
Mongagor, without in any way discharging the Mortgagor's liability hcreunder or upon any debt hereby sec~rcd. No sale of the Property and no
~orbearance on thc part of the Mortgagee or cxtension for the payment of thc dcbt hcrcby securcd shall operate to release, discharge, modify,
change or affect the original liability of the Mortgagor either in whole or in part.
17. The terms "Mortgagor" and "Mortgaget" wherever used in this instrument shall include the heirs, personal representatives, successon I
and assigns of the respectrve panies; the sing~slar number shall include the plural, the plural shaU include th~ singular and the use of any gender
sha~l include all genders.
18. Namt(s) of Mortgagor(s):
SAR.~ JO HA1tLI:Y, foi•mei-lv kno~~n a~ S:\R;1 .T(~ ~tiEa~'FR, also formerl}• kno~~n
as SARA .T. ti~~~~\'ER, JOINED B1' }iFR tius~a~n FRr1\K HEw~I~'~ti ilAj`'LE1'
19. County in Fiorida w~hcrein Property is situatc and dcscriFtion thcreof:
Lot 7, F~lock K, ~IaRA?'ILLa TF.RR:ICF., as per ~?lat thereof on file in
Plat Book 5, Pa~e 50, Pu~lic Records of St. Lucie County, Florida.
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20. Rank or priority of this mortgage: • - .
THlxn . ,
~ 21. Originai amoun~ u; ;Jote: ~
i 5~,575.00
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j 22. Date Mortgage and Note ezecuted:
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~ Se~~tember 1 ? , 19g~ P3;16 ~
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' STATE OF FLORIDA ) - ~ - ` uL- (~F.t1L)
~ St . Luc ie u~ ~~'ti ' 3ER~tA;~ - Y~ ~-hior, a` or
~ COUNTY OF )
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~ Be:ore me personally appeared the indi~idual(s) above dcscribed ss the Mortgagor who eaecuted the fore$6ip~Mort~jt,~w ~Yl~now ~~.e ~me,
~ and who aclcnowledgcd before me that he (she, they) exccuted the sam~: for thc puryosts therein expresaed.:~TI'~J.Ti~ESS3~i~REQ~,T;j have
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" xt my hand and official seal in said County and State the date upon which the mortgage waa eaceuiei~. s=
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