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HomeMy WebLinkAbout1829 19. Dot~owu'sRigbt toR~iastat~. \olwitlwta~~linR l.~n~irr's accrlcratioo u[ tl~e ~uu~ u.'cunYl by thiK \lort- ge?ge, Botrowe~ ~hall ha~'e ti?e right t.r h:i~•e :?nt ~u'occti•dinK~ IK~Kun h~• I.e~~~icr tu entorce this ~IurtRage discon- tinued at any tin~e prior to cnt~~ of a judgu?ent enforcing thi~ ~IOI'1~?tIKP 1~: INI Borrua•er pa~s l.ender all sui» Nhich vrould be then due unJer tl~is ~tortgagc, ihe \ote t?nd not.~ ~~curiuR Futum ~dvances, it an~, liail no acccl- , erstion occure+e~i; Ib) Borrower cun~ all bmach~5 of au~ other cuvenuut~ or aKnriucnir uf Borroa•er ~untnin~~l in , this ~lortga~e; Icl Borrower pa~~s ul) masonahle ex~~enu~ incurn~cl 1~~• I.ender in entorciak the co~•e~~ant. xnd agrccnunts of Borrov?cr containeci in thia ~tort~ag~ und in cofoirinR I.ender's n m~~li~~ :?s pro~'i~l~v1 in ~~un~gni~?1? ; 18hereof, including. but not limited to, mawnxl?le utturne~•'s f~~~; nn~1 ~~i~ l3orro~~•er tui:e: ~ucl~ .~etinn a: [.cnder S may masonably rcvluite to 8.~ure.hat tlie lic~ of thi.~ \lort~a~e. Len~ler'~ intemst in cl~e Yro~K•~t~ an~l I3orru~~~ers i obligation to pay the swns secu~~ec1 by thi~ \IorlRaKe ~1?all rontinuc uniw~?,tin.~1. t'~wn ~ucli pa~•~~?ent ai~~i cum 1,~ ' Bonvv?er~ lhia ~Iortgage and the obligatiu~r.- ~ecun~l li~•ir~?~• •{?:~I) m~n:+iu in (ull force und i~f~ect ii t~o accelertt- tion had occurred. qQ Assiqnment of Rents: Jlppoi~ahnent of ReceiveT. additionnl ~c•corit~• hemun~ler. Rorm~~•~r 1?emh~• u~igns to l.ender the mnts ot tl?e Pmperty. ~~ro~'i~lcrl thnt Rorn?~ver ~ha+ll, ~?riar to :~ccelcnt~ion under ~r,tra~;rnph 18 hemof or ~b.~ndonment of the Pro~iert~•, Ir.~~•~r tl?c• riRht to rnltc~t an~l retain ~uch rent~ :i~ tl~e~ i~ecouie ~iiie and payable. ' Upon acceleratian u~der parngraph l8 hemof or :~I?andonment of thc Pro~x•rt~, l.~~ndcr ~hall be entitic~cl to hAVe a recei~er ap~winteci br a court to enter upon, t~kc pa~~c~ion of t?mi ~uana~c the Yro~~erlr and to collect th~ rents oi the Pro~xrt~ , includin~ those {~ast due. ~li rc•nt~ cullc~ctcyi h~ th~• n~ceirer shall IM :~ppli:~i fiT.t to ~~npment ot the co~ts oi ii~ana~ement of the Pco{~ert~ iin~1 colicction oi m~t~, it~riu~iink. ~?ui nol ii~i~itc~i +.u, r~w•.i~~cr'~ i~Y-~. }~rnmiums on recei~•er's bond~ and masonable attorne~'~ fees, an~l then tn thc ~i~r.:s se^um1 thi~ ~(ort~a~e. 'Ci?c receiver shall be IiAble to account onl~ for tlioEC mnt~ actuall}• recei~•eci. Zl. Future Advances. tTpon mquest h~ Borro~~er, I.ender. at I.cnder'~ option ~rithin hrentr ~ea~ irom the date of this \Iortgage, n~ar make Future ~d~•ancch tc? Aorro~rer. ~uch Futum ~~1~•ance~, ith intemat themon, shall be secured b~ this \IortgnRe ~nc~n e~•idencc~l b~ ~~ro~ni<~on notr• ~tatin~ that ~sid not~~ am sccurcd hemb~ _ At no time sl?all thc principal amoimt of ti~~ indchtcYlnc~~ ~crum~i 1~~ thi~ ~iort~a~c. not inclu~iin~ ~unr a~l~•i~ncccl in ~?ecorciancc hemaith to ~~rotect the ~ecurit~ of tl~i~ ~Tort~nRe. cxcecri tLt• ori~in~l amount ot tlic \ote plu~ uss z,9so..oQ . 22 Release. L~pon ~~a~•~nent ot all sum• ~cK•urcyi b~• thi~ \lortga~c. I.~•n~ier ;hall mlcasc this ~[ortgagc ~.ithoat ~ charge to Borro~er. Borroner ~Lall p~~ all ~•cr-t~ nf reconi~tion. if :?m•. ~ ~ I~ ~~'IT\ESS t~'11F.RF•OF~ Rorro~s-er l~a~ ese~uted this ~iortga~. Signed, s~ ~led nnd delivered in tbe presence of : ~ - ~ - . ~ (Sea11 ; _Z- - - - ~ - - - Homer E. Bryan . ~ - - e~ - - Y - l ~l~,1 - -(Seall ~i?'~-.- - -'~-7=---------- - ~ ~ Kathleen Bryan -Borrower , --608__S.__21_st__St,.----- - - - ~ _ Ft_._ Pierce,--F~a, E . Propertp Addre~ ~ ST+Tr: OF FI.OAIDA~ ~dian 8iver Count~ ss : E I hereb~ certif~- that on this da~, ix~forr me, au ~flicer duh- .~uth~rized in the state afore~.ii~l and in the count.~• .~fore~aiid to take acl:no~~-led~ements, pe~-~ona]h aPPeared HQ~B E. BSYAtd and - KATEII,SSN_ ~3RYAN, his Wife , to me kno~~-n to b~ tlie per~on(s) describc~c3 i~i and ~~I~o executed tl~e foreroinr instru~uent and ackn~srledg~d b~forr ~ne ti~at they e~~~ciited the samc for the ~~urPos~~ tLerein e~pressed. G ~~'i rE. s m~ hxis~l and offici:~l ~e~l in th~~ r~~u~?t..- :~~~~1 ~t<<t~~ :~fo~•E•~.ii~l thi~ 4 aA~ ~f ~ ~ _ , ~q , ~ o ~ ~i~ .ommission expires : 0~-J ~ i d" ~ ' ~ \otan Public - t ~ 1975 ,.,:•,..:..,~.P,. MO~~RY PUBtiG ;TATE ~t F[ ~,~ttt~f ~ ' - MY C4}MMtg..ION EXF1R~., O~C. 12. ` :~,.i • ' _ BONOED 1HRU GEk~tv~l ~N~v:it~:1::E ti~ivtdtin~lt:u .s ~ ~~S'. ,s _ _ -'Y%r~ . ~ _ ~ ~ ~ ~:J-. _ ._~~~.-3 Ji:~: .~:a~.~ _ .i..~' - ~ fIIEJ A4~ = :C"'~EO - ~ ~ ' ~ ST LU~;iE L ~.:kTT FIA. ~ " ~ Ri,_,^ ~~~'RAS ' - L r~•. ';,~=ti-, . CL.°K . '::t~T COURT j:;~ t' ~ ~ OR1DA AEc~~. . r~:;,:,_, - ~ ~ - - TI?LE CORP~RAT{ON ~F ~ ABSYRAC7 & , JI1L IZ 0? ~N ~a c ir ~ , ?.~"7~3 BOCK ~~9 PACE ~02~ _ ~ . _ _ _ _ - - -