HomeMy WebLinkAbout0993 . ~ ' ~5-75,568-6 'RR~M~f~H~~00.
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12. The Mort~or has uader the othes provisiona of this Mort~e and does hereby aui~n to the MortsaYa the rsnu of the Property.
provided that the Mort~or sball~ prior to the soaieration ot tha awrt~t Iadebtednw as elxwhae haan provided or ths abandonmeut ~
of the PropMy, have ths ri~Nt to oollect and rctain such rent: as they become due and payabk. Upon accdentioa unda cbe otha provisions G.
hereof or the abandonment of the Property. ths Mort~a shall be entitled to take possessioa o[ and mana~e tl~e Propaty aad to aoUect the
rrnta of the Property includin~ those pau due. Aq rents ooUected shdl be apptied fira to the paymeat of the easts of maaa~emsat of the ~
Property and collection of the rrnts including but not limitad to attorney's and ral euate broker's fea and thea to the sum aecured by thls
Mort~aje. The Morttaja ahall be li~k to aoouuat ody for those reats actnaUy receiveif.
13. ln We erent :uit is instituted ta forcetose thia mortja~e the Mort~a sball be entitled u any teme pendin~ such toreclosure to apply
co the oourt havin= jurisdictioa theroof for the appointmau of a roceiver of the property aad all of the rents, incoma~ proCta~ issuea and
reveauea thereot trom whuever source derived and the court shall forthwith appoint such receiver vrith tht usual dutias and powera of
receivers in like casa and aaid appoentment shall be made ~s a matta of strict ri~ht to the Mortgaga and without refereace to the adequ~cy
of the value of the Property or the solvency of the Mortga~or or any other puty to such suit. The Mortga~or hercby waivea the ri~ht to object
to the appoiatment of a reaiver and consrnu that such appoiatmrnt shall be made as an admittai cquity and as s muter of absolute ri~ht to
che Mort=a~a.
14. 'R~e absusct(s) of title oovering the Property shaU at ell tima during the term of this mortgage remsin in possession of the Mort~ee
and in the event of foreclosure or other transfer of title to the Property, all right titk and interest of the Mon~agor w and to the abatract(a)
shall pass to the purchaser or graata.
1S. lf aay instaWnent of priacipai and interest is not paid to the Mortga~ce within fiftan (1~ dsys after the same becoma due and
payable or if e~h and every oi the Mortgagor's F+romisa and covenants set forth ia this mortga;e and/or the I~ote are not fully and promptly
perform~d. oomplied with and abided by. the rntire sum of prin~~pal and intere~ socured by this mort~age shall at the option of the
Morigagee bocome due and payable in full at once as if originally stipulated to be paid at such time aotwithstanding anything in this mort~age
or Note to the ooatrary.
16. If the owaership of the Property or any part thercof becomes vested in a person other thaa the Mortga~or. the Mortga6a may.
without notice to the Mortgagor. deal with such successor(s) in intaat with referrna to this mort~age and the Note ia ihe same manna as
with the Mortgagor, without in any way discharging the Mortgagor's liability hereunder or upon aay debt hereby securod. No aale of the
Property and no forbearance on the part of the Mortgaga or eacteasion for the paymrnt~of the debt hereby secwed shall operste to rdease.
discharge. modify. change or affect the original liability of t6e Mortgagor eitha in whole or in part.
17. '!~e terms "Mortgagar" and "Mortgagee" whtrever used in this instrument sbali include the heirs. personal represeatuiva.
and assigns of the respective parties; the singular number shall inclu~e the plural, the plural shaq include the singular and the use of an~
grnder shall include all grnders.
18. Namt(s) of Mortgagor(s):
/
7~
ANTHONY UIFANNI ANI~ LINUA LIIPANNI, HIS WIFE ~ ~0~7
R~scel~rod ~ In Payment T~xe~
. 19. County in Florida whercin PropMy is situate and description thereof: Due O~ C'ass In'an~;iD:e Personal Pro~erty,
Pursuant To Chap:er 71. 134, ACts Of 1971.
ST. LUCIE R03ER ~ir~?s ~
' LOT 14 bLOCt~ 317 Clerk Cirtuit Court, SL Lucie, ~0., fta.
F'OF:T ST. LUCIE, SECTIO~~! THREE
ACCORUING' Tfl THE F'LAT THEf:EOF AS RECOkL1EU IN
F'LAT BOOh 12 PAGE 13A-13I '75"7903
20. Rank or priority of this mortgage: -
FIRST
21. Original amount of Note: P 2~
E 10,775.00 -
FILEO aNG ~ ~ ;,~Eu
RO&ER P~1 i r,N E:l ERK
22. Date Mortgage and Note eaecuted:
ST. WCIE CQ,,T~TY. F;_.
AF'RIL 18,198b '
' ~ TA i: F= O R! C~ A~
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STATE OF FLORIDA )
COUNTY OF ST . LUCIE ) - ~ . • ~ . _ •
Before me pe*sonally a~peared the individual(s) above describtd as thf Mortga~or who executed the Tw~ Mottga~e, wtfl knovm to me.
and who acknowledged befbre me that he (she. they) exxutal the same for the purposes Waein,expret~edii. [N WITNESS~WF~EREOF I have ~
set my hand and official seal in said County and State the date upon which the moetgage wis exect~ed.
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" y .
~ Notary' ~'ub~e; S~ate oIi rida
My cominission e~cpira: 9-15 - 8 8 ~ .
s°ooK 49$ PaGE 9~
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