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18. Bo:row~i s Right to R~instat~. I~otH itlistan~ling IA~n~1cr'a acceleration of tl~e rums securecl by this ~1ort-
gage, Borrower shall havc tl~e righ~ to ha~•c :?ny ~?rocecciin~ Ix~~un 1?y I.eader to entorce this ~tortgage discon-
tinued at eny tinie {~rior to cntry of a judgment entorcing this \Iortga~e ii: lal Borro~~•er pays l.ender all sumx
which would be then due under this ~lortgage, thc ?~ote an~i noter •ecuryug Future Adrancc~, it any, had no i?ccel-
eration oecurred; (b) BorroHer cures all breaches of an~ otlmr co~•enant~ or uRmements of BorroH•er containecl in
this Mortgage; (c) Dormwer pays ull masonahl~ cxpcus~~ incurrecl h~~ I~endcr in entorciin; the co~~enants :ind #
agreements of Borrower contai~ed in this \lortgagc and in enioreinR I.endcr's mmedic~ as pro~~idc~1 in parngrapl? `
18 hereof~ including, but not limited to, masonablc attornc~'r fecc; an~t Idl Borro~~cr take~ sucl~ atction :?s 1.ender ~
may rnasonably require to stssute that tl~e lien of this ~[ort~agc, l.ender'~ intem~t in tl?c Yro~xrt~• :~nd Borrower's
obligation to pay the sums securc~ci by this ~lortg~gc sl~all continuc unim~~tiirc~cl. L!pon such pa~ ment and cure by ~
Borrower~ this ~Iortgage and the obligations securcvl hcirh~ ~hult mmain in iull force nnd effect n• ii no accelern-
tion had ocaurred. ' ~
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20. Assigna~ent oi Renb; Appointment of Aeceiver. As additionnl ~ecurit~• here~u~der, Borro~~•er hernb~ _
assig~a to I.ender the rents of the ProPerty. I~m~'i~~cri tl?nt Rorm~~•er sluill, ~?rior to accelerntion undcr ~~arn~rapl~
18 hereof or nbandonment~ of the Propert~•, ha~•~ tl?c right to colle~ t:ind mtain .ucli mnt~ as the~ become clue and
payable.
' Upon acceleration under parn~raph 18 hemof or abandonu~ent of thc Yro~~ert•y, I.ender shnll }~e entitleci to
hAVe a receirer appointeci b~ a court to enter iq~on, tAkc nossccsion ot an~1 ~uanARe thc Property an~i to collect the
rents of the Pm~~erty , including lhose ~~ast ~iue. All rents collect~~c1 h~• the mcei~•er shAll 1?e a>>plicci fi~t to pa~ ment
of the costs of management of the Property Hnd collection of mnt~, includin~. ~n~t not limited to, recei~•er's fees.
premiums or. receiver's bonds and reasonable attorncy's iccs, and then to thc ~un~s secured 1~~ this ~iortRaRe. TI?c ~
rECeiver shall be liable to account only for those rnnts nctuallt• mcei~~eci. `
Zl. Futtue Advances. Upon reryuest hy Borm~~•er, I.en~ier, at I.ender's option ~~itl~in t~renty ~ca~ fmm thc
date ut this ~tottgage, ma~ make Futum ad~•ancc~ to Aorm~cer. Sucl~ Future ~d~~ances, ith intercst thereon, shall ~
be secureci by this ~Iortg~ge ~~hen e~idenceci b~ ~~romi~.~or~ notes statinR that ~~id notes am secumd hereby. At nQ !
time shall the principal amount of the indebtedncc. secumd b~ this ~iortga~e. not includin~ sums advanceci in ~
accorclance heren ith to ~~rotect the security of thi. ~Iortga~c, cxcecci the original amount of thc \Totc plus
US i--1_~500-*-qQ--------- ~
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Z2. Release. Upon payment of all sums secured h~ thi~ ~IortRage. T.endcr ;hall relcasc this ~Iort~a~e without ~
charge to Borroner. Borro~ver shall pav all costs bf mconlntion, if any.
IN `~VITNF.SS ~VHEREOF~ Borrow er b~s executed tl~is riortgage.
Sigqed, sealed and delivered
in tbe presence of : ,
- . - . . _ (Seall
- - -
- - -
Geor e J. I. reli ~~~r
r
f- - - - - - ' 1)
- - ~
- - - - -
- Irene M. Lipareli -Bormwer .
660f~__~n4uiaa_AYeaue
j Fort_ Pierce,__Florida___ 334~0_____________________
'i • Property Address
~ ~
f ,I~~~! - .
` STwTF oF Fi.oxme, County ss :
i I l~ereby certif~ tl~at on this da~~, before me, an oft'icer dnl~ authorized in t.he state aforesaid and
in the countr nforesaicl to take acknowled~ements, personall~ appeared George J._ I.ipare_]~~.___ .
Irene_M. Lipareli_his wifgto me kno~vn to be the person(s) described in and ~vlio eaecuted tlie
foregoing instrmnent and acknowledged before ~ne that they executec~ the same for the purpos~~ .
. • ~
tlierein expressed.
«'iTxES.s m~ hand a~d of~icifil ~eal in tl~e count~- .uid state afore~aid t~his ~.7-~~--- da~ of ~
- - ------'~'Y) GL~. 19 74 •
1
~Iy Qommission eapires: ~`T--- - - - -
votary Public
NOTARY PUBLIC gTqTE OF FLORIDA AT URGE
f?1Y. CQ! i~11491~K F_XPIftE3 MAR. 23. 1g7g '
c~nEr~ IN61lRANCE UNDERWRITERS, ING 2'785~$ ~
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~ - ST. C'J~IE '~~;1kiY FLA.
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~ . AP~ 3 Il 49 PH'1~
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~ Indian River Federal Savin~
and Loan Assc~ei3tioe~
P. O. Box 1209
Vero Beach, Florida - 32960
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