HomeMy WebLinkAbout0929 ~~-87,0~~-8
I i. Ti> pay aU costs charges nnd cxpc?ues ?ncluding atwrn~y's (as (whcthrr cn nut luigauun ~~un and d it d~ then thusc ~x~
appcllatz ac wcll as trial le~rl) and ab6tra~~t cx~L~ re~u~naWy ~n.,~untd or ~a~d at any time by the Murtgxgcr baautic o( the fa?lure un
the part uf the Mortg~gor to perform, oomply with ancl abide by a0 of hic c~vtnants set lorth ~n this mortgage and/or the Note and/ur
P~iur tilortguge(s) and tht prumwury nutqs) sc~-uroJ thc~eby.
I 2. Thc Mortgagee is a li~:rrtseci mortgage broker unckr Chapter 494, Flcirida Sututrs.
13. Tht Mortgagor hsi unckr the cMher pro~~o[?s of thit Mortg~ge and dc~ htrcby a~n to the Mortgagae the rrntc of the Ptvpttty.
4~n»~dcY1 that the Mortgagcx shall. prior to the anoeleration of the mort;age indebtodnest aa tlsewhere htrtin Qtov~ cx tlx abandcx~ment
,~f the Property, have the right to oolloa anei retain such rents a~ they bee~ome due anci payabk. Upon acoekrat,o~ uncier ttx other pru~ivc~
hrreof or the abandunment of the Property, the Mortgagoe shall be entitled to talce on of and mac?a~e rhe Property and to coliert
ihe ren~s of tht Property including those p~ast d~u. Ali rents colla~ted shall be ap iod 6rst to the payment ol the ccx~s ot management
the F'roperty and coUatiun of the renfs includiag but not limitod to atWrney's and real estate broicer's fees anci thcn to t6e sum socured '
h~ this Nongage. The Mortgagoe sh,~il be luble to scoount only for tha~se rents actually roceivod.
14. In thr event suit is ir?~titutod to fo~eclo6e this mort~age the Mort~age,e shafl be entitlod at any time pending such (orezlosuro
<<~ apply to the cuurt having juri~cliction thereaf for the appo?ntmeot o( a rocaver of the property and aU of the rents, incomes, prof~s,
iUUes and reve~.ua thuoof from whatever soura derivod and the c~urt stWl (orthwith appo~nt such receivtr with the ~uual dutits ancl
~x~wers of re~;tivers in like cases and said apposntmtnt shall be made u a rtutter of strict right to the MoRga$ee and without rcferenct
tu the aJryuacy of the vatue of the Property or the solvency of the Mortgagor o~ any other party to such suit. Thc Mortgagor heteby
waives the right toob~ oct to the appointmcnt ot a reoeiver and axuena that such appointmtnt shall be made as an admittod equity
a~xi is e mattet of sbsdute right w the Mortgagee.
I5. The a~ctract(s) af title a~vcring the Property sAall at all times during the term of this mortgage rertuin in posxssion o[ the
~tcxtgagee and in the event ot foreclosure or othtr transfer of title to the Property, all ~ight :itle and interest ot the Mortgagor ~n and to
che abstract(s) shall pus to the purchaser or grantse.
16. I[ any installment o[ prinapal and inttrest is not Qxid to tbe Mortgagoe withia fiNe~cn (1 S) days afttr the same becomcs due
and payablt or if each and every o~ the Mortgagor's promu~, arsd covenanes set [onh in t6is mortgage and/or the Note are not fully
and promptly performad. eomplied with and abided by, the entire sum of principal and interest socurod by this mortgage shall at tFx
. .,ption of the Mortgagoe become due and payable in full st onoe as if ariginslly stipulatod to be paid st sach time notw~chsunding anyth;ng
sn thi~ mortgage or Not,e to the convuy,
_ 17. If the ownership of the Property or any part thereo! bocomca vestod in a penoa other than tbe Mortgagor, tht Mortgagee may,
w~thout notia to the Mongagor, deal with sucl~ successoKs) ia interest witb re(aenae to this mortgsgt and tbe IJote in the samt manner
' a; with the MoRgagor. w~thout in any way discharging tbE Mat~agor's liability hueunder or uptxi any ciebt hcreby socurod. No sale
' ~~i thc Property and no lorebesranct oo the part of the Mort$a~et or extauion (or tbe psyment oi the debt hutby securod shall opentc
i„ release. d~scharge. modify, change or afTa.-~t the ongina! li:bit~ty c,t tbe Mortga~or eitlur u~ whok or in part.
18. The terms "Mortgagor" and ••Mortgagee•• wherever usod in this instrument sl~all include the heirs, personal represcntatives, and
a,..~gns of thc r p~rtive part~a; the singutar number shall include the plural, the plunl shall include the singular a~d the use ot any
grncicr shali includc all grndcrs.
19, NamNs) or i4tortgagor(s):
S 20. County in Florida wherrin Property is situate and descnpteon thcreof: ,
~ . , . ; ,
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21. Rank ar priority of thu murtgagt:
f
~Z. ~flgl(la~ 17T10UJfI ~ NOIt: . i
~ ? ~ ~ ~ Qv
~ Jr ~v !n D.:yTent O~ ~axes
ti ~ S
E 3. Date Mortgage and , ote executed: Re~e~~
~ t)~ 1~'~ On C1 ss ~C~' ir' ~~g 5Ie F.wso^~! Pro~erty.
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~ - P:,rs~~an! T~c Cna;.'cr 71, 134, Acji O! t971.
~ CGUGiAS D!XCN, t
~
Gerk G~cu~t Ccurt, St. tuc:~, Co-.
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(SEAL)
tiTATE OF~ FI,URfDA ?
c~OUNTY OF ST. LUCIE ~ ss
t~k>re me personally appcatcd the ~ndividua!(s) :bove describod as tht Morigagcx w6e txe~uttd ibe forcgau~ Mortgage, weU known to
~~r, ar~ whc: ackr,ow~od~ecf be(cxe me Lhas be (sbe. they) exa,vtod tbe aame for the purp~oeea t2saan czp~. IN WfTNESS WHEREUF
1 Fwve sa my hand and oRicial seal m said County and Stite the clste upo~ whirb the mort~gt r+s~u execubod. .
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/ NaaN F'sibl~, $tat~e d Florida
ti1y a;mm~sv~x~ ezpuea ~ ~ •
R~TU~N To titank? ~i A~:.~,. ~~m s~..~o. s~ wo. ~ Fk.,a~ 3ai3~
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