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f~bstract &Title Corp. t~f ~!nr1~~ .
5-59~376~A
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12. The Mongagor has under thc othtr p~ovisions of this Mortp~ tnd doe: tiercby assi~n to the Mottjajee th~ rents of the Ptaperty
providtd that the Mortga~or ahall, prior to the acceleration of thc mortsa~e ic?debtedness ss elsewhore hecein prondod or the abandoament o~
the P~operty. have the right to coUrct ~nd retain iuch rcnts as they become dae and payable. Upon accelera~tion uucfer tb~ other provisiont
hereof or tt~e abandonment of the Prapertq, the Mongaget shaii be entit{~d to t~ke potsession o( and manaje the Property edd to collest the
centa olthe Ptoperty including thosepaat due. All rents coilectcd shsll be applicd fint to the payment of the co:t: oi maeu~emeat ottbe Froperty
and collection oi tht rent3 including but not limited ta attorney's and real e:tate broker': fees and then to the eum ucurtd by thia Mortp~e. The
Mortgagee ahall be liable to account only for those cenu actwtly Poceivcd. ~
13. !n the event suit is instituted to fonclou this rs~ortgage tho Mortgagee s1u11 be entitkd at any time pendia` such toreclwure to ~spply to
the court having jurisdiction theteot for tho appointment of a rcaiver of the property and all of the rcnts, incomes, orofitt~ istues ~t~d nvenuet
thereof fiom whatever sourcx derived and the court tAall forthwith appoint such rcaeiver prith the uswl duties and~o w~en of reaiven ia tike
cuea and said ~ppointment alull be made as a matter of strict ri=t?t to the Mort gee snd without rtfercc?a to the ndeqwcy af the value ef tbe
m
Peoperty or the solvency of the Mortgs~or or any other party to such suit. Th~ ortgsgor hercby w~ivcs the ri~ht to objoct to the appo tAll11CD1
of a rccerver ~nd consents that such appointment shall be rrude aa ~n xdmittcd equity~and sa a rru~tter of sb~olute nsi~t to the Mort~a~a.
14. The abstract(s) of title covering thc Property ahall at sll timts during the term ot this mortp~e rc~nain in Po~ession of tbe Mortp~ee
and in the event of tonclo~ure or other transfer of t:tle to the Property, all right, title and interat of the Mortgzaor in aad to tR~e aMttt?ct(~) tN~li
paas to the purchaser or grantee. . . .
1 S. lf any inslallment ~f princip~l and interest is not paid to the Mortga~ within fiftan S) day: atter tbe a~rr becoma due and payabk
or it each and every of the Martgagor'a promixi and cavenxnts set fort in this mortgage ~nd/or the Note are not fu~ly and proa~ptly
perforn~ed. complied with ~nd ahided by, the entire sum of principal and intere~t aecurcd by th~s mort~aee:hall ~t tbe optioa ottbe Mot~asee
become du~ and payabk in full at once as if oripnaliy atigulatea to be Yo paid at such timt notwitbttaadu?~ tnythia~ in tLis mort~a~e or Nate to
the contrary. .
. 16. If the ownenhip ot the Property or any pari thercof bccomea veated in a person otbtr than the Mortga`or~ the Mortpja ra~y, without
notice to the Mortgagor, ~eal with such suoccss~or(a) in interest with referena to this mortgage aad thG Note iu tde amt matiner as with the
Mortgagor, without in any way discharging the Mortgagor's liability hereunder or upon any debt bereby stcuced. No sale of tht Propttty and no •
forbearana on the part of the Mortg~ga or exte~uion for the piyme~,t of the debt hereby secured shall opsrate to rtkase~ dischar=e~ mc~:fy~
chunge or aftcct the ong~nal liability of the Mortgagor cithsr in whok or in part. ~
17. Thc terms "Mort4sgor" and "Mortgagce" wherever usai in this inatrument shsti include the heirs, penonal reprtuntstiv~s. ~3raceuon
and assigns of the resQcctive parties; the singular number ahall include the plursl, the plural shall include the ain~ular and the use of any ~eader
shall include all genders. ~ ~
~ 18. Name(s) of Morfgagor(s): . RaBERT LEE MAYS and POROTHY MAYS , his wif e
I9. County in Florida wherein PropeRy is situat~ and dtseription thercoL• ST . LUCIE COUNTY
I;ot~4~, in Black 12 of GENESEE LA~?N SUBDiVISION according ta the
Plat thereof as recorded in P1at.B~?ok.6, a~ F3ge 29 of the
~ Public ~tecords of St. Lucie County, Florida ~
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~ - 20. Rank or priority of this ~ortgage: - ~ ~ yj ~r,~-~-~ ~F L~7 E-~ I D A~
FIRST MORTGAGE : OUCUMENTARY~;=-._.~ STf~MP ~t~x; .~s~
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21. Origiaai amount of Note: ' DEPT.
4F REY~NUE ~`'~'i~
$4 925. ~0 ~ ~ ~ aucie~et ~ • ; ~~7 5 ~ 1
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22. Date Mortga`e ac,J Note executed: ~ .
c ~lL1gl1S t 1 Z 9SZ Re~eived In ?aymant Of T_3~°s
~ . _ . - ;
~ ~ C~e On C!ass `~C., I,~::~n,. ih'e ?ers;?n,;: Pr , ~ '
~ Pirs;~nt ~u %1, 13-+, Acis O~ :~%1. i
Rl;~_c.i2 i~vi i i2F:$ ~
} ~ C,er;c Circui: C~urt, S~. Lu~ie, Co., fia. ~ ~ ~
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- ROBERT LEE MAYS, ortgagor ~SEAL)
, _ ~/~-C~G? _.(SEAL) _
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- ; : , SEAL
STATE OF ~i.OR1DA ) . • '-'"•'l'~ ~ ( )
ss: ~
CouNrY oF St . Lucie ) DOROTHY S, ortga~t+~s"~~~'r~ ~-rIr ~'s; ,
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13efore :ne pasonaUy appeacod the individuai(:) above dacrit~d u the Mortpaor ~rho executod the foresoinj Mo : .,i~t~:a~k^?~-!'
j s~d ivbo acknowkdaai before me that he (:he. they) eaecutod the same for the purpo~e: t6enin e~pre~ed. IN N?. ~ , ~~v~p
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' ~et my har~ ar~d officisl ieal in said Cor~nty ar.d State the dste upoa which the mortpse w~u eaecutrd. ~ {'~t r"~
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My cocnmission capita: r'ebruary 25 , 1985
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