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HomeMy WebLinkAbout1137 19. Barrowei s Itight to Aeit~atale. \ot~rithst:imtint; Lcn~l~~c'~ .u~~~~~1~•r~~tiott ~~i tl~~~ ~n~u• •~~~~ur~~~! 1~~• tl?i. \lort- gage, l;orrutt•er ~1u?11 hat•~~ thc ri~;ht tu lia~•e~ :u~~• ~u~ur~•~~liu~;: i?~•~;un 1~~• 1.~•i?~i~•r tu ~•i~lur~•~• tl~i~ \IurtK:~~;c~ ~1i~crn~- tinued nt :in~ tiuic prior to entr~~ oi a jwi~;iu~•~it ~~niur~~in~ thi; \I~rrtc;a~;~• it: ~u? liurro~~•tv L~~n~lc•r ull ~iuu~ ~~~hich ~~oiilci 1?c thcn duc undcr tl~i. \lort~;i~~;i~. tli~~ \ot~• :~u~l ~u?1~~:•~~~•urin~ l~utu~r :\~i~-:uu•~•:, ii ~ui~•. li:i~l uo :u~r~•I- etalion occurrcrl; Ih) Borro~~•er ~•ur~~ .tll hmnch~~. of :u?~• oth~•r ~~~?~•~•uunt• or :~~;nK~mrut~ u[ li~~rro~~•c~r ~•ontuinc~ci in this \IortK~?R~: ~c~ Rorro~~•cr p;?~•~ :~il r~~u~ou.~l?t~• ~•x~~c•u~~•: in~~ur~YV! L~•n<1~•r iu ~•~?for~in~; tl~~~ ~•o~•c~u:~nt~ iuul ugreen?e»ts of I3orm«•er contt~inc~! i~i thi~ 1lort~uRe au~~l i~? ~~nf~~r~•in~; l.~•~u1~~r'~ mi~~c~li~~~ ~?ro~•i~iivl iu ~,:~r:~Krti~?li 18 her~~f, includinR, but not limited to, re:?~u~?:?I~I~• :~ttorn~•~•'• f~~~~~: :ual ii11 l~orro~ccr t:?kc•: au•li uctiuu u• l.ender ; ~ ~ m:?y m:tsouubl~• ~YK~uirr to ii~~um tl?:?i Ilie li~~n ~~f thi~ \lurt}~:~~,~~. I.en~l~•r'~ i~?t~•r~~:t in tli~~ l'ro~?~•rIr :unl Iturro~~•er'= ; obligation to ~?a~• the ~u~m .ecurerl b~• thi• \i~~r~Ku}~~• •I~sll ~•onti~uii• uuim~r.?im~i. i'~n?u ~ucli ~~uruient :uui rure h}• Borrot~•cr, this ~[ort~;aKc and th~~ oi?lik;ttion> •~~c•~n•~vi h~~ml?~- .Icill rruuiin iti iull f~~r<•t~ :i~~~l ~•f~~~i•t .i~ if n„ a~~~~~lcrt?- tion httd occurrecl. 20. Assignment of Rents: Appointmenl ot Receiver. a~l~litiona) ~e~~•i~r~t~• I~e•r~~~iml~~r. linrru~~-~•r li~~r~~h~~ ,?~signs to I.cnclcr the irnts of th~ Pro~~rrt~•. ~?ro~•i~l~vi tLat 13orm~~•~~r •l?:ill. ~~?•i~~r to ,i~~~c~lc~r;itio~~ i~mi~~r ~~:u•:~Rr:i~~l? 18 hereof or ~bnmlonu~ei~t of th~~ Yropert~•. l~ari~ th~• ri~ht to ~•~ll~~~t :uul ~rt.?iu ,ncli r~•nl~ the~- 1?c~•un?e ~iu~~ :u~~i pa~ nble. LTpon ucceterntion undcr ~r.ir:~Rra~~li 18 1?~mof or xf?an~lomn~~nt of tli~• f'n?~mrt~•, i.c•n~lrr ~liall h~• rntitlc~cl ta ; ha~•e a recei~•er nppointecl b~• a ~ourt to cnter u~?on, take ~?a•.e<•ion af an~l ~u;«?:~R~~ the Yro~~erl~• :?n~l to i~oll~~•t th~ _ mnts of the Propert~•, in~ltulin~; thos~~ ~r.t~t ~lu~~. :11! re~nt, ~o11eM~~l h~• tl~~• m~ei~•~•r ~i~:~ll I~~~ :~>>~~li~~i iir~t t~~ ~?a~•ux•nt f of the casts of ~nxn~~ement of thc Prop~rtti ~?n~l ~ollection of mnt~, inc•luilinR, i~ut n~it limitcvl tu, n~~•~~i~-~~r'~ te~~. ~~remia~us on mcci~~er ~ honds and m~~onable ;~ttorne~'~ fcr~, ,in~l thc~n to th~~ ~luu~ ~~•~•ui-r~l h~• tl~i~ \lortka~;c. 'I'h~• receiver shall be li~ble to uccount onh• for tlro~c mnt~ actuall~• mcri~•c~1. ` 21. Future Advunces. Upon request h~• Rorro~~•e~•. Len~ler. at Len~i~~r'• o~?tion ~~•itl~in t~~•cui~• ~-e:~r~ fron~ tlu• datc ot thi: ~[ottga~c. ~un~ makc Futurc :1~1~•ancr• to Rorro~~•~~r_ ~uch Futurn :1~1~•:t~?ci~~. ~~-ith infi~r~•~t th~~mou. ~hall be secure~i thi• ~tortgake ~~•h~n e~•i~lenccvl h~• ~»~~ni:•nn- ~~ote: •tatin~; th.~t ~ui~l n~ite~ am ~c~•unti! h~~re•h~•. :1t nc time ~Lnil the i~rin~i~,al .unount of the in~le>htc~cln~:: a•rure~~! 1,~• tl?i: ~tort~;:~~~~~. nut in~•lu~lin~ ~uiu: :ul~•an~~c~i in accarri:~izc~ hem~~•ith to ~?rot~~~t tl~~ ~ccurih• of thi~ \iort~a~c. ~•x~~~rl th~~ ori~;inul :m?ount oi thr \otr ~~hr.- ' US a -0- _ _ • 22. Releccse. L'pon pat~ment of a!1 •un~• ,ec•utr~l h~• thi~ ~lort~:i~;e. I.~~ml~~r :h.?11 mle:i~~~ tl~is ~1ort~.+Re~ ~~•ithout chargc to Aorm~ver. Aarro~~•er ~httil i?ar all co~t~ of mcoriiation. if an~~. I~ ~~'tT.rr-.ss «'~FKFOr, Rorro~~~er ha~ e~ecuted this ~fort~t~ge. j Si~r?ecl, sealed . nc •ed in the prese e ' - ~ ; . ~''ttt-2 ~~il, /?..C~L (Seal~ - . . ' - - - 1~`'~t--- - De],mas W. Helton -~~A~~ .~~'~G4~__ _ _ . _ l .G"..~-~'.Ga- G=G. (Scall ~~icia A. ~ H@ZtOTI -Borrovrer 17Q2 _~ehrens__ B~ad-----. - - Fort Pierce,.._ F1~prida-- - Propert~ Address .~T:1T} OF FIAAIDa~ Martin Gou~it.- s~ : ' I l~erei~~ eertif~ that oii.this d~~-, h~fore me, .iu ~~Ric•~~~• dul~- uutl~m•ized in thc~ statc~ .if~~r~~~.iici .uui in the count_~• ~fore~.~i~l to t~.ke :is•kno~~•le~l~enu~nt~, per~onall~• ~~ppc~~tred Delmas W. Helton and , Patri~ia A. Helton,his~";}e~~~~~ kno~rn to h~~ th~~ ~mr~mi(s) deserihed in ~ncl ~~•ho exrc•uted tl~e f~re~oin~ instrinnent and .ickn~~~led~~d h~for~~ ~n~~ that they~~~~'c~uted th~~ ~~~nxc~ fm• th~~ ptn•I?~~r ! tl?erein c.r-pressed. v,~.. ; ~~'iTxFSS m~- hund ~n?d ~,tliei:il ,~•.~I it~ th~~ cuu~ft-~' :uul st:~t~~ .~f~?r~~..~id thi~ / d~t~- of' ; - 'July _ ,19 7 3 . . ; ~ ~ ~ ~i~- ('ommission e~pires : ~/L ` /7 y . ~ t, ~ ~ - ~ \'ata»~ h~,fl;r'~ 'v' ,r~ I = c."~„ . e ' ~ :~c;,° = : O`G j 'o.= - v : r2~+r= Q .l~., ' . : ' : R S • ~ S TA~ ,~~~~~~~n~nu~"'.•`' i 2ss~o~7 ~ N f11E4 :•NJ REl,OR fl~• ~ OuNtY c ~~pEO ST.LUCtE ~_Qii~AS ~ A o~ 3 `EO pN? jUµtY F~A RK C~c:~1l~t ~OURT p~ m 5` `~y~1L VY'~lt~?~~~at ~~R~ YE;- i tE~ ; T 3 ~v ~ot~~::,°,,j ~ a~ ~'~3 ~ O O ` ~ Cl4.rK : F~` .i - `O ~2 ~ p x ~F-~ 5aa~~13 ~6 : o N + T otC ; y r ~ . o s O i 4, `u o ~ N ,{N~ ~ A ~ ~,~g512 ! 60R K ~~U FAGf 5~ ;'ecr ~~U ~~r: ~~e~7 ' . . . , _ - - ~ - I - a _ _ . . e:~=~ ~ -