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bz "Corrective" ~5-74,446-6
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12. The Mort~a~or hu under the otha provisions of this Mort~e and does hereby aaai~a to tht Mon~ee the rcau of tho Propecty. ~
pruvided that the Morc~or ~all, prior to the accderuion o[ the martjase indebtodaas as elsewhae hercin provided or the abandonment ~
of the PropMy, have the ri~ht to coUect aad raain such renta as they baome due and payabk. Upoa aooeleruion unda the otha provisiow?
heroof or the abandoameat of the Property~ the Mort~a ahall be entitkd to take possesaion of and man~e the Property aad ta oollect the
renta of the Property ueciuding :hose past due. All rent: ooUccted shall be appUed Tiru to the paymeat of the oosts of manasaneat oi the
Property and oolkction of the rents inciudin= but aot limited to attorney's and ral atue broket's fea and then to the swn seciued by thia
Morttaje. 'tUe Mort~a shaU ~e liabk to aceounc oaly for tl~ose rrnts actwlly roaivcd.
13. In the evau suit is instituted to foreclose this mon~e We Mongaja shall be entitkd u any time pa~dia~ such forocbsure to apply ~
to che court havin~ jurisdiction thereof for thc appointment of a receiva of the property and all of the rents. incowa. profits. issua and
reveaua Waeof from whueva soura derived aad the court shall forthwith appoint such re~ceiver with the usual duties and powers of
rsreiven in Gke c~sea and said appoint~nent shatl be made ss a muta of stria right to the Mott~aga and without re[ereaa to the adcquacy
of the value of the Property or the solvrncy of the Moct~s~or or any other puty to such suit. The Mortga~or haeby waiva the riBht to object
to the appointmeat of a raYiver and consrnts that such appoiatmeat shall be made as an admitted equity and as a muter of sbsolute ri~ht to s
the Mort~toe.
14. The abstrux(s) of titk coverin~ the Property shall u all [imes durin~ the term of this mortgage remain in posussioa of the Mort~ee t
and in the event of forerlosure or other transfer of tide to the Praperty, all right title and intaat of the Mortga~or in and to she abstract(s)
shall pass to the purchaser or grantoe. ~
1~. !f any instaWneat o[ prin~ipal and interat is not paid to the Mortgagx within fiftan (1S~ days after the same beoomes due and
payable or if aich aad every of the Mortgagor's promisa and oovenants set forth in this mortgage and/or the Note ue not fully snd prompdy
perfom~ed. oomplied with and abided by, the entire sum of principal and intaat secured by this mort~a~e shaU u the option of the
Mort~aga become due and paysble in ful! at once as if originally stipulated to be paid at such time notwithstanding anything in this mortgage
or Note to the contruy.
16. If the ownership of the Property or any part thereof becoma vated in a persoa otha than the Mortgagor. tho Mortgaga may.
without notice to tht Mortgagor. deal with such succasor(s) in interest with referma to this mortgage and the Note in the same manna as ~
with the Mortgagor. without in any way discharging the Mortgagor's liability haeundor or upon any debt hereby secwed. No sale of the ~
Property and ao forbearance on the part of the Mortgagee or e~ension for the paymen~ of the debt hereby secured ahall operue to rdease.
discharge. modify, change or affect the original liability of the k4ortgagor either in whole or in part. ~
17. The terms "Mortgagor" and "Mortgaga" wherever used in this instrumrnt shall include the heirs, persontl repraeatuives. ~
and assigns of the rapective partia; the singular number shall include the piural, :he plural shall include the singular and the use of any
gender shall include all genders.
` 18. Name(s) of Mortgagor(s):
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NANCY ALLEN, AN UNMARRIED WOMAN ~
• ,
; i9. County in Florida wherein Property is situate and description thereot: ST. LUCIE
~ Lots 22, 23 and 24, in the Meyerhoff's Resubdivision of Lot 96,
~ of Garden City Farms, according to the Plat thereof, as recorded
in Plat Book 8, Page 10, of the Public RecoGd ~ St~ ~u~~~~ty, •
Florida. ~ ttscew~e '
pua On C'ass "C" Inta~::~ ~ 1~'~~
20. Rank or priority of this mortgage: Pu:s~a~: To Chs+R~e~ 71. 134. lbts a~
SECOND ROGER PNTR~S
~y~/g3 6 ~~~.~w~.~.t~..
21. Original amount of Note:
$ 2,250.00
~ n~ 10 a 9 :42
22. Date Mortgag~ and Note executed:
February 11, 1986 FIL~D ;.ti( •
' ROGER POi~,!.a;,.
• . ST. LUC+~ C~l:?~'
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! This is a Corrective Mortgage to correct that certain mortgage between ,
` Nancy Allen, an unmarried woman to Metropolitan Mortgage Co., A Florida '
~ Corporation da~ted January 27, 1986, recorded under Clerk's File Number
f ~k745079 of the Public Records of St. Lucie County, Florida;
~ to correct the legal description.
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~litnesses:
( )
~ ~j~ ~ ~ -~TCY - or gagor sEnL
W ~
_ (SEAL)
STATE OF ORIDA ) ~ ~ ~ • -
COUNTY OF DADE ) • - ~
Before me personally appeared the individuaKs) above describod as the Mortgagar who exxuted the foregoin~ Mortga~e,_wt$~tq mt.
and who acknowledged before me that he (she. they) eaecuted the same for the purposa therein ezpressed. tN WITNP,S~ ~~RF.~P I haye
* sct my hand and official seai in said County and State the date u n which the mort e waa exxuted.
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