HomeMy WebLinkAbout0975 - - _ _ - - -
Rec. ~ 9. 00 -T
Doc. 6.30
Int. 8.30 5-78,745-1
, , ' ~otal 23. b0
12. 'il~e Mortgagor has under thr other provisions of this Mortst~e ans! does hereby assign to the Mort=aga the rrnta of the Property~
provided that the Mortgagor sh~ll~ prior to the accoleration of the mortgage indebtednesa u dsewhere herrin provided or the abandonment
ot the Propeny, have the ~ight to collect and retain such reots as they bocome due and payable. Upon acceleration under the ather p~ovisions
hereor or the abandonment of the Property. the Mortgsga shall be cntitled to take posseaaion ot and man~ge the Propaty and to ooAert the
rents of the Property including those past due. All reats collected ahaU be applled first to the pay~nent o[ ihe oosts ot maa~ement of the
Property and copection of the rents lncluding but not limitod to attomey's and real eatate broker': Foa and thrn to the sum :ocured by this
Mortgage. The Mongagoe shall be 1Jable to ~m+?~~s only for thost renta sctually receivod.
13. In the evrnt sult is lnstituted to foreclose this mortgage the Mortga~a ahell be rntltlod at any tirtie pendl~ such foreclosun to epply
to the court having Jurisdictlon theroof for the appointmrnt of a raeiver of the property and ali of the rents, inoomrs~ profits~ issues snd
nwenua thereof from whatever source derived and thc court shall forthwith appolnt such receiver with the usual duties aad powas of
reoeivers in I~ke cases and satd appolntment shall be made as a muter of strict right to the Mortga~a and without referena to the sdequacy
of the value of the Property or the solvrncy of the Mortgagor or any other party to auch sult. The Mongagor hercby waives the right to objert
to the appointmrnt of a receiver and consmts that such appointmrnt shaU be made as an admitted equity and as a matter of absolute rigfit to
tht Mortgagoe.
14. The abstract(s) of title oovertng the Property shail at all times duting the term of this mortgage remain in posseasion of the Mortgaga
and in the event of foreclosure or other transfet of title to the P~opecty, aq right t:tte and interest aC the Mortgagor in and to the abstract(s)
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IS. lf aay installmmt of principal and intaat is not paid to the 4!octgagte within fiftan (i~ days after the same boooma due and
payable or if each and evory of the Mortgagor's uromisa and rnvenants set forth ia this mortgage and/or ~he Note are not fulty and promptly
performed, complied with a.~~ ~!+l~ted b_y, the entire sum of principai and interat a~cwed by this mortga,~e shaq at the option of the
Mortgaga become due and payabie In full at ona as if originally stipulated to be paid at such timt notwithstanding anything in this mortgage
or Note to the rnntrary. -
16, If the ownership of the Property or any part thtreof becomes vested in a person othet than the Mortgagor. the Mortgaga may.
without notire to the Mortgagor. deal with such successor{s) in intertst with reference to this mortgage and the Note in the same manner u
with the Mortgago:. without in any way discharging the Mortgagor's liabiGty hereunder or upon any debt henby secured. No sale of the
Property and no forbeazana on the part of the Mortgaga or extrnsion for the payment of the debt hereby srcurai shall operate to release.
discharge, modify, change or affect the original liability of the Mortgagur either in whole or in part.
17. 'il?e terms "Mortgagar" and "Mortgagce" wherever usa! in this instrument shaU include the heirs, personal representativa.
and assigns of the resptctive parties: the singular number shall include the plural. the plural shall include the singular and the use of any
gender shall include all genders.
!8. Name(s) of Mortgagot{s):
TOSERHINE NAFOLI, AN UNMARRIED WOMAN,E+EING THE WIDOW-OF FRED NAPOLI
19. Counry in Florida whesein Propeny is situate and d~scription thcreot:
ST. LUCIE
LOT 13 PLOCK: 7C~
SOUTH PORT ST. LUCIE, UNIT ~
ACCORDItJG TO THE PLAT THEREOF AS RECOFiDED I~l~Q1Ved ~~_3,pY paymen O~f Taxes
PLAT/POO~; 14 PAGE 12 Due On Cass ~b e~e~sonat Proparty,
20. Rank or priority of this mortgage: Pursuant Tu Ch~;~ er 13d, Ac~s Ot 1971.
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21. O~igin amount of Note: C~erk Ci:cui~. Court, S,. ~u~ie, Go., ~la.
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22. Date ivior~ga~z Note extcuted: ~y
' NOVEMPER 19 , 1986 i 9~~~
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Witnesses: ~
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.
SE INE NAFOLI , MORTGAGOR
(SEAL)
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STATE OF FLORIDA ) ~
cour,~rv aF sT . LUCIE ~ u~ ,
Before me personally appcarcd the individual(s) abavc described as the Mortgagor who ezxuted the foregoing Mortgage; wd~ known to me,
and who arknowledged before me that he (she. they) oxecuted the same for the purpasa thertin expressed. IN WI~NE.SS.IA~EREOF I 6ave
set my hand and official seal in said County and State the date upon which ihe mortgage was execut ~
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