HomeMy WebLinkAbout0919 Doc. 3.75
Int. 4.90 Total: 17.65 ~5-80,654-7
• 12. 'ire Mort`aso~ i~: ~ under the other provisions ot thts Mon~ase and daa hereby asslsn to the Mon~a the rcnt~ of the Property.
provided that the Mort~a~o~ ahall, prior to the ~cceleration of the taon~e ~debtedness u daewher+e haein provided or tbe ~bandortment
ot the Prope~ty. have the cisht ?o oa?Uect ~nd retaL? such ~mts ss they bawme dus ~nd paysbk. Upon acoeleratbn under tbe aher proviaions
hereof or the abandonmrnt of the Property, the Mortgaga shall be rntitled to take possession of and m~n~e the PropMy ~nd to coUact the
rcnta ot the Property including those put due. AU rrnts oollectod shaU be appliod Rrat to the paymrnt of the oosts of mana~anent of the
P~apeny and colloctton ot the rcnts including but not limited to attorney's and ~a! estete broker's tees and thrn to the aum socwod by thls
Mortgage. 'il~e Mortgagee shell be liable to sooount only for those rents actually receivod.
13. in the event suit Is instituted to foreclose this mortgage the Mort~aga shall be rntitled u su~y time pending such foroclosure to appty
to the court having jurisdlction thtreof for the appointment of a receiver of the property and all of the renta~ inooma~ profits, issues and
revenues theroof from whatever soura derived and the court shall forthwith appoint such rcceiver with the usual duties and powers of
receivers in like cases and sald appolntment shall be mude as a matter of st~ict right to the Mortgagee and without rekrrnce to the adequacy
of the vAlue of the Property or the solvency of the Mortgagor or any other party to such sult. The Mongagor hereby waiva the right to object
to the appointment of s receiver and rnnsents that such appointment shall be mado as an admitted tquity and as a matter of absolute right to
the Mortgaga. -
14. The abstract(s) ot title covering the Property shall at all fimes during the term of this mortgage remain in possasion of the Mortgagee
and in the event of [oreclosure or other transfer of title to the Property~ all right title and interat of the Mortgagor in and to the abstract(s)
shall pass to the purchaser or grantce.
IS. If any instaliment of principal and interest is not paid to the Mortgaga within fiReen (IS) days after the same becoma due and
payable or if each and every of the Morigagor'spromises and covenants set forth in this mortgago and/or the Note sre not fuUy and promptly
performed, complied with and abided by. the entire sum of principal and interest secured by this mortgage shall at the option of the
Mortgaga become due and payable in fuli at once as if originally stipulated to be paid at such time notwithstanding anything in this mortgage
or Note to the contrary.
16. lf the ownership of the Property or any part thereof becoma vested in a person other than the Mortgagor, the Mortgagee may,
without notice to the Mortgagor. deai with such successor(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 sccurrd. No sale of the
Propeny and no forbearance on the part of the Mortgaga or extrnsion for the payment of the debt hereby sccured shaU operate to release,
discharge. modify, change or affect the original liability of the Mortgagor either in whole or in part.
17. The terms "Mortgagor" and "Mongagee" wherever used in this instrument shall include the heirs. personal representatives.
and assigns of the respective parties: the singular number shall include the plural, the plural shail include the singular and the use of any
gender shall include all genders.
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18. Namds) ~f Mortgagor(s): ~ ~I~ Q;:ymen~ Of Taxes
Race~ved S
DEANNA LEE 4JR I GHT . AN UNMAF~R I ED WOMAW Dua Oa Class "C" ~n'~ ~~`6~= P~~S°^a' Proper:y,
' Pursuan! to Cfiap'er 71, 134~c~ Of 1971.
; DOJG± AS DIXON,
~ 19. County in Florida wherein Property is situate and description thereof: C~e~k Circuit Court, St. Lucie, Co., Fla.
f ST. LUCIE
~ LOT B BLOCk: 198
E ~ORT ST . LUC I E. SECT I O~J 4. A SUPD I t,' I S I ON
~ ACCQFIL~ I N6 TQ THE F'LAT THEFiEOF . AS FtEGQRDED I N
~ PLAT,/POOk=: 12 PA6E 14A .
~ 20. Rank ot priority of this mortgage:
o .
SECOMD ~ - : - . : ' . ~
21. Original amount of Note: ' - : - ~ L, :ti : ~ ; , ;
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22. Date Mortgage and Note executed: ~ 1
APF:IL 1 1, 1987 8?1~~5
'87 APR 29 P 2 :21
FILED ~ : ~ :
OOUGLa., . - ";;;ti
• . ST. LUC~'_~. ~
Witnesses: ~ ; _ .
r
(SEAL)
~ DEAI'dhdF~ LEE 4JFt I GHT
.
- (SEAL)
STATF~OF FLORIDA )
COUNTY OF )
St. Lucie
, Before me personally appearcd the individual(s) above described as thE Mortgagor who executed the foregoing Mortgage, well known to me,
and who acknowiedged before me that he (she, they) executed the same for the purposes thertin expreued. ll~;Wl'~NESS WHEREOF I have
~ , , .
E set my hand and official seal in said County and State the date upon which the mongage was exec `:~'k' .
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