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HomeMy WebLinkAbout0527 18. Borrowei s Aight to Aeinstate. \ot~~•itL.tun~lin~; L~vul~•r'~ .u~~•~~1~•r~itiuu ui thr ~uiu~ ~~~~•ur~~~l 1?~• thi~ \lort- Kagc, 13orro~~•er ~I?nll lu?~•c tli~ ri~;l?t to ha~•~• an~• ~?roc~~~•~lin~;, h~•Run h~• I.~~ml~•r tu ~~u2orc~• thi~ \lurt~;u~;c ~li~con- tinuec{ ut iu~~~ tin~e prior to cntr~~ ot u ju~l~;~n~~nt e•nfor~•in~; thi~ ~lort~;u~;c~ if: Ia1 13urro~~•~~r p:?~~~ Lc~uler all ~um~ ~~•hich ~~outd bc then duc undcr tlii. \lorlk.tk~~. tlu• \ot~• :uui not~:: ;~~curii~~ Futun• :1~1~•.in~•~•~. it .~n~•, h:~~l no .u~~•cl- cration a•curreci; Ih) Borro~~•cr cur~~• i~li hrc•itchc~ of :?m• ~~tli~•r ror~~nitnt~ UI' :lk;ryY•n?~•iit• of li~~rro~~•~~r ~•ont.iin~~~i i~i tl?is \lortgaigc; Icl I3orro~~•cr pi~~•• i?11 r~•;1~OR.~h1~ ~~x~?cn~~~• in~•urnvi h~• L~m~ler iu ~•i?fur~in~; th~• ~•o~~~m;u~tN iili~I ; ugree~uents of I~orroH•er contain~~ci in tl?i~ ~Ic?rt~u};~• ~u?~1 in ~~nfor~ia~; L~~mler'• ri•~~?e~li~~~ ~?ro~•id~•~i in ~~i?r.~~;r.~~~l~ ~ 4 18 hereof, inclu~ling, but not limitcYi to, reir.-onul?lc~ attorrn~~•'~ 1~•~•.; ami ~~I I Run•~?~~•~•r iuk~•: •ucli :u•tiun u~ Lender i m:?~ masouably r~~c~uirc to :t.~um thnt th~~ li~•n of thi: \lort~;:~~;~ . L~•~~~i~•r'~ iiitcr~•:t ii? tlu~ !'ro~?~•rtr :u?~i I;orro~~•cr'~ oblig:~tion to pny the sums ~ecurcYi 1?~ thi~ ~lort~:u~;e .hall ~~ontin~u• uniw~r,~ire~l. l'~~un ~uch ~~a~~u?~•nt :~n~l ~•um 1?~• ~ Borrot~•cr, this \lort~u~c uud thc obli~;:itiun~ ~~~~•ur~til l~~~r~•1~~• ~I~:ill reuiuin iu lull fon•i• arnl ~~ffr~~t if u~, :u~~~~~lcru- ' t.ion lind occurred. 20. Assigament of Aents: Appoiniment of Aeceiver. :ulditional ~~~~•nrih• li~~r~•uu~i~~r. lt~~rru~~~~•r L~•r~~h~• . :i~signs to l.cn~icr thc mnt~ of th~ Ym~mrt~•. I~m~•i~ic~l thid Rorm~crr ~h:ill. ~?rior to :s~•~•~•I~~ratiui~ urnl~•r ~~:~r:~t;ra~~h 18 hemof or nl?andon~ucnt oi the Yropcrt~•, h.~~•~• th~~ ri~ht to ~~oli«t :?n~l ~Y~tai~~ ~i~~li ~rnt~ a< thc~• I~c~~onir ~iuc an~t paynble. Upon xcceleration under ~~~r:?~u}~ 18 h~ mof or :il?:in~tomu~•nt o[ tiu• 1'n?~~rN}•. I.eu~ler •hall h~• ~~ntitl~~l to hn~~e a mc~i~~er ap~winteYl 1?~' tl COIIN t0 l'nt~r iq?on, t~k~ ~~o~.~e~~ion oi :in~t u~ana~;i~ tl~~• Ym~x~rt~• ;in~l to roll~•~•t th~• ~ n:nts of the Pmpert~~. i~ulu~lin~; thoc~ ~?:i.t ~1ue. :~ll mnt• coil~•~•t~yt i?~• th~• m~•ei~•~~r ~lu~ll In• :i~y?lic~~l fir~t t~~ 1~:~~•uu~nt of the costs of n~ana~ement of the Yro~~ert~• an~1 collection of rent~, in~•Iu~linR. I~ut rnit lin~itc~~l tu. rc~~•ei~•~~r'~ fee~. ~~remiwps on meei~•~~r's bonds :in~l reasonahl~~ attornet•': fees, :in~l thcn to th~~ ~mu~ ~e+~until 6~• thi~ \lort~;:?t;~•. Th~• receiver shall i?e linble to nccount onl~ for thosi• mnt~ actualh• m~•~i~•cv1. 21. Future Advances. Ilpon request i?~• Borro~~•er. Lender. :it L~~u~lc-~•'~ u~?tiou ~~•itliin i~+~ent~- ~•~:?r: irom tlu• ~i~ttc of this ~iort~u~;e, mt?~- ~uakc Futum A~h•anc~~~~ to Born?~~-~~r. ~u~h Fi~tnr~~ :\~h•:~uc•~•.;, ~~-itL intcrr~t tlicrcon. ~lmll be ~ecureci b}• thi~ \iort~u~e a•hen ~~•i~lence+i b~- ~~mmi~~on• not~~ ~t:itin~; that ~.ii~t i~i?t~~~ :u-r ~~~~•urc~i I~erch~•- :~t no time ~Lail the ~~rinci~?al ~mount of thc~ indchtcylnc:• ,~•~unrl L~• thi~ \Iort~;u~;~•. uut inc~lu~lin~r ~uur ~i~l~•amr~l in j ~cconl~nec 1?em~~ith to ~?mtcM ti?c• ~ccurit~~ of ihi~ \lortga~;c•. ~~~ce~~~l th~• ori~*ina) :unount ~~f th~~ ~ote ~?lu~ ; vs a. -o- _ . 22. Release. t'l~on ~~:?~~iuent of all ~un~• •ecw-cvl I~~• thi~ ~lortt;ar~~. L~m~1~~r •lu~ll mlr:r~• tl~i~ \io~~t~a#:~~ ~~-itt~aut charge to Aorro~ccr. Rorro~~•er ~hall ~~a~ nll coct~ of mcorilation. it :u~~•. I~ `~~IT\ ESS «~IIERF:OF, Roi•i•o~~•er ha~ eceeuted this ~Iort~~g~~. Si~ned, ~ealed nc ed in t_he prese e ~ - " ,t'~'zf~-2 C~l/, /?.L~~~-- ISenll - - - ' - - - - - - - -Borroa er De~mas W. Helton //_)j _ I/~~~ C.~~~ Q~ ' -~~~~C44'^_. i/a.i - ~c~~:i- ~.LGG' C.~L. (SCR~) ~ ~ icia A. Helton -BonoR~r ~ ~.._7Q2 --8~hrens_ Road _ ~ £ ' Fort Pierce.--Flo,rida__ _ - _ ; j Property Address ~ STATE OF FIARIDA~ Mc'i~t121 COUIIt)" S~ : ; I l~ereh}- certif~~ tl~at on fLi~ ~ia~-. h~fore ~ne, :u~ ~?flirc~r dul~• .~uth~n•izc~d in th~ stat~~ :?t~n•~~sui~! .uul ~ in the count~- atore~.~icl to tak~• .~S•kno~~•led~,~c~~nents, per~ou.~lh• ~~pp~~:~red Delmas W. Helton and ; ' Patri~ia A. Helton,hisW~~~u~ kno~~•n to hi~ the ~mr•on(~) ~le~erihecl in aucl ~~•ho ~~~ec•uted t1i~• ` ' fore~oiu~ insh'tllliE'llt~ ilil(~ .ickno~~l~~I~c~d h~t'or~ ~n~• tLat theyc~~~~c•titccl th~~ •:un~~ fm• tlu~ ~,in•~~~~~~~ ' ~ tlu~rein c~xpressed. . U~` g ~i~1TNF5S 111)' II.UI(I ~in~l ~~fliei:~l .c~~il in tli~~ ruuut.~- :uul :t:it~~ :+f~?r~~::~id thi` / d~?~- of . 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