HomeMy WebLinkAbout0995 ~oo+~r~aiunFwr~oa
- ~5-75,566-0
fL M~E~lt ~1191
12. The Mort~agor has under the other provisioas of this Mon~a~e end doea hereby assi~n to the Mort~a the renta of the propaty.
provided that the Mort~a~or shaU, prior to the acceleration of the mortga~e iadebtedness as elsewhae huein providod or the abandon~nent
of the Property. have the riaht to oo0act ~nd retain surh rents aa they bccome due and payable. UpOII ~tltti:lOfl U[I~it UIC O[I1Cf PIOVlil0I1=
hereo[ or the abandonmrnt oi the Property, the Monga~a shaU be entitkd to take possessioa ot and mana~e tbe Propaty and to collect the
renta of the Property Including those paat due. All rmts collected ahaU be applied fvst to the payment of the owts of manajemeat of the
Property and oollectioa oI the rents including but not limited to attorney's and real estue broka's fees and then to the sum socwed by this
Mort=a~e. The Mort~a abaU be Gabk to aooount oaly fot thoae ra~ta sctwlly received.
13. In the event suit is inuituted to foreclox this mort~ase the Mort~aga shall be rntitlod u any time peadina such forociosure to apply
to the oourt havias jurisdictioa thereof [dr the sppoiatment of a rcceiver of the property ~nd all of the rents. inoomes. profits, iasua and •
rcva~ua thaeof from whuever soura derivod aad the court ahAp forthwith appoint such receiver with the uswl dutia snd powers of
receivers in likt casa aad aaid appointment shall be made as a matter of strict ri~ht to the Mortgaaaee and without rekrence to the adeqw~cy
of the vaiue of the Propaty or the solvency of the Mortgagor or any other pa.Ky to such suit. The Mortgagor hereby waiva the ri~t?t to object
to the appointmrat of a reaiver and consents thu such appointmrnt shall be made as an admitted equity and as a matter of absolute ri~ht to
the Mortgs~er.
14. The aburact(s) of title oovering the Property shaU at all tima durin~ the term of ehis mortgage ranain in possession of the Mort~ee
and ia the rvent of foreclosure or other transfa of title to the Property, all right title and interat of the Mortgagor in sad to the absiract(s)
shaq pass to the purchaser or grantee.
1S. If any installmrnt of priacipal and interat is not paid to the Mort~a~a within fiftaa (1~ days ~fter the same beooma due and
paysbte or if each and every of the Mortgsgor's promises aad covenaats set forth in this mortgage and/or the Note are not fully and pramptly
performed. comp6ed vrith and abidod by. the rntire sum of principal and interat secwed by this mortgsge shall u trie option o[ the
Mortgagee baome due and payable ia full at once as if originally stipulated to be paid at such time notwit6standin~ anything ia this mortgage
or Note to the ooatruy.
16. [f the owuership of the Property or any part ther~of ba,oma vestai in a person other than t6e Mortgagor~ the Mort~agee enay,
without natice to the Mortgagor. deal with such successor(s) in interesi with referrnce to this mortgage aud the Note iu the same manna as
with the Mortgagor, without in any way discharging the Mortgagor's liability hereunder or upon aay de~ haeby secured. No sale of the
Property and no forbearance on the part of the Mortgaga or extensioa for the payment of the debt hereby socured shaU operate to release.
discharge, modify. chauge or affect the original liability of the Mortgagor either in whok or in put.
17. The terms "Mortgagor" and "Mortgagee" whaever ustd in this instrument shall include the hein~ peraonal represeatativa.
and assigns of the respective parties; the singular number shall include the plural. the plural shall include the singular and the uss of any
gender shall include all goaders.
18. Name(s) of Mortgagor(s):
JAMES 0. GAUSE, AN UNMARRIEI~ MAN AND MILI~kEI+ A. GAUSE,
AN UNMARRIED WOMAN
19. County in Florida whercin Property is situate and description theroof: 3~'~ I
3~ ~
ST . LUC I E Recelved s-~ ' 7~ 1n Paym~nt Oi T~xN
LOT 36 ~ 37 ~LOCK ~2 Due ~n C ass ~~•sa:,i5:e Personal PrOputy~
I~lUTAN RIVER ESTATES, U~lIT ~6 pursuant To Ch~~ e~ ~i, i3~, Aci~ 0~ ~~71.
AS PEk PLAT THEFcEOF ON FILE IN ~
~ ROGER P~ITRAS
~ F'LAT E4001~ 10 PAGE 57 C~erk Circuit Cou SL
~ 20. Rank or priority of this mortgage: n. L~ ~o., /
~ sECO~n
2l. Original amount of Note:
f 3,350.00
'75'79Q4
22. Dato Mongage and Note executed:
APRIL 18, 1986
~ ~~t~.r~ F~o~-~~~ '86 APR 29 P2:06
D~CUMiNtARY,;,,...~, ~TAM~= itlx i
; ~ orp; ~ r=: veN~,~ . - . { FILED A!iC , ,
~ iV~.
~ ' _ w ~ _ ~ ` r, ~ tt06ER PQl i? .t~ F~riY,
~ _ . ~ ST. LUClE LOUh ~ F!_.
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W itne (SEAL)
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~ STATE OF FLORIDA ) ~
~ COUNTY OF ST . LUCIE )
9~fore me personally appeared the individual(s) above dacribed as thE Mortgagor who executed the fars~oi,.,~g Ma~ctgage. weU knovm to me.
and who acknowledgod before me that he (she. they) executed the same for ths purposes thaein expres~p~; ~N wY~'1~$S$ WHEREOF I have
set my hand and official seal in said County and State the date upon which the mortgage was eace~lto~+' ` ~ E:•: _
Y~. .'t' •`34 t:
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Nuiqjt 4nb~ic;b, oF .Fer;a~ .
My rnmmission expira: 9-15-88 ~ ~ ~
. ,
QO K 4~H P~?GE 994
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