HomeMy WebLinkAbout0972 ~ec. l~.00
Doc. 3.75 5-78,704-4
Int. 4.95 Total $ ?.Z .70 ' ~
~ 12. The Mon~a~or h~ under the other provisions of this MoR~aje and does hereby assign to the Mort~uu~a the anta of the Propeny~ ~
prnWded that the MortgRgor shatl, prior to the ~?cceleration of the moct~age Indebtedness a~ elsewhere hereid provided or the abandonmeot
of the Property. have the ri~ht to oolkct ~nd retain such rents aa they became due ~nd payable. Upon acceleratton under the othe~ provisions
hereof or the abandortmcnt of the Property, the Mon~aga shall be entitled to take possession of and meu~sge the PwpMy ~nd to rnpect the -
re~ta of ths Property includin~ those ps:t due. All rents coUected shW be applied firat to the psyment of the rosta of man~ement oF the
Property and oollc~ctbn of the rents tncluding but not limited to utamey's and ral eatate broker's fees and thrn to the sum secured by this
Mongage. The Mortsagee shalf be tiable to accaunt only for those rents actuatly ruelved.
13. In the eveat suit is iastltuted to foroclose tW: mortg~ge the Mort~aga ahall be rntitled u any time pending such foroclosu~e to apply
to the ooutt havin~ jurisdktion theceof for the eppoIntmeet o[ a receiver of tht property and al! of the rents. incomes, protita~ issues and
revenues thereof fro~n whatever aource derlved and the court shaU forthwith appoint such nceiver with the usual dutla and powers of
rsceivtrs in Uke cases and satd eppointmrnt shaU be tnade as a matte~ of atrict ~i~ht to the Mongagee and without reference to tht adeqciacy
of the vdue of the Property or the solvency of the Mortgagor or any other party to such suit.l7ce Martgagor hereby waives the right to objcct
to the appointmrnt of a receiver and conscnts thu such appolntmer:t shall be made as an admitted cquity and as a matter of absolute right to
the Mort~a~a.
l4. The abstn~ct(s) of title ooverin~ the PropMy shW at all times during the term of ~his mortgage rcmaln in possasion of the Mongaga
and In the event of foreclosure or oth~r transfer of title to the Property, a!1 right ttile and interest of the Mortgagor in and to the abstract(s) -
shap pass to the pwchaser or ganta. •
13. If any installmeat of principat and interest is not pald to the Mortgaga withia fiReen (l~ days aftcr th~ same bxoma due and
payable or if each and every oi the Mo~tgagor's promises and covenants set farth In this morcgage and/or the Note are not fully and promptly
performod, compGed with and abided by~ the ent~re sum of principal and interest sec~red by chis mortgage shall at the option of the
Mortgagee baome due and payable in fuU at once as if originally stipulated to be paid at such tir~:e notwithstanding anything in this mortgage
or Note to the contrary.
16. If the ownaship of the Property or any part thereaf beoomts vested in a person other than the Mortgagor. the Mortgagee may~
without notice to the Mortgagar~ deal with such succaso~{s) in interest with reference to this mortgage and the Note in the same manner as
with the Mortgagor, without in any way discharging the Mortgagor's liability hereunder or upon any debt hereby secured. No sate of the
Property and no forbearance on thc part of the Mongagee or extrnsion for the payment of thr debt hereby srcured shall operate to release.
discharge. modlty, change or affect the original liability of the Mortgagor cither in whole or in part.
l7. The terms "Mortgagor" and "Mongaga" wherevet used in this instrument shall inciude the heirs. personal repraentativa,
and assigns of the respective pania; the singular number shall inciude the plurat. the plural shall include the singutar and the use of any
gmder shall include alI genders.
18. Name(s) of Mortgagor(s): Q ~7 ~
JOHN HARE AND LOf2ENE A. HARE . H I S W I FE Retetved $~7 ~n ~eyment O~~axe~s
Due ~n Cass In ~n :ib-e Personal Prope<<Y.
Pursuant 70 ::t~=~~ e~ J~~~ 34~ acts Of 1971.
i9. County in Florida wherein Property is situate and descriplion thereof• ~~a~tt P~tiZAS
ST . LUC I E . Gteric Circui: Court, St, lu~ie, Co.,
LOT 19 AND 19 PLOCl~ "C"
PALMETTO PARK SUBDIVISION
ACCCIRDING TO THE FLAT THEREOF AS ~cECORDED IN
PLAT/BOOk 4 PAGE 64
20. Rank ar priority of this mortgage:
FIRST
21. Original amount of Note:
~ 2.475.n~~
22: Date Mongage and Note executed: ~
~
PlOVEMBER 19, 1986 ` _ ~ n~
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~ SEAL
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~ ' JOHN HAR , MORTGAGOR
~ Qi/r ~~/~.-9l~ (SEAL)
~ LORENE A . HAftE ~ MORTGAGOR ~
STATE OF FLOI2IDA )
COUNTYOF ST. LUCIE) ~
Befare mt personally appeared the individual(s) above described as th~ Mortgagor who ezocuted the foregoing tiiortgage, we11 known to me.
and who acknowledged before me that hc (she~ they) executed the same for the purposes thaein expressod. IN WI'TNFSS WHEREOF I have
set my hand and official seal in said County and State the date upon which the mortgage was exceuted,
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