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HomeMy WebLinkAbout1711 { ~ / i ~ ~ ~ / ~ , ~ { t 19i. Eorrow~i a Right to R~instat~. Notw iti,seuadiug l.euder'~ accel~ration ui the sui??tt at,~curc~i by this \iort- . gage, Borrower shall ha~~e tl~c right to ba~•e xny ~?rocctiyitn~s I?ckun I~~ i.c~kier to rnforce this ~tortRage discon- tinued at any tin~e priur to entr~~ ot a judgment eniorcing this ~[ortgage if: la~ Borm~~•er pays I.cnder aU sums ~vhich would be then due under this \tortgagE~, tl~c ~ote t?nd notea u•curiug F~~tum A~h•ance~, if any, had no accet- ~ eration oeeurreci: (b) Borroaer cure~ all breaches of any othrr co~•enant~ or ~greeiucnts o( BorroKer contnined in ~ this ~iortgage; (c) Borrov?er pa}s All reasonuhle ex~+euu~ iucurnrci b~~ I.ender in entorcing the co~enants and agreen~ents of BorrnNCr contained i~~ this ~tohgake and in cntorcin~ l.ender's m~?~alics pro~•idccl in paraga?pl? 18 hereot~ including~ but~ [?ot limited to, masonnhlc nttorneti'~ fec~•: aml ~<il Borro~rer tukc~ wch xction us I.cnder niay reasonably require to Rssure that the ~icn of thi~ \tort~~?Kc. Lender ~ interesl in t!?c Pro~~eN~ nn~1 BorcoHer's obligation to pay the sw».~ secured by this Ztortgage sl~ull contiuue unimprimd. i'~wn sucl~ ~~a~nient nnd cure hy Borrower~ this ~Iorigagc and tl?c oi~ligation~ w~cumd hcrcb~• ~I~ull mmain in tull for:e an~i ct~'ect if no accelern- tion had cecurred. Z0. ~aiqnn~ent o1 Renis: Appuintment of Aeceiver. :1~ adciitioniil ~ecurit~ hereur.~ier, BorroH•er hemh~~ u~igns to I.ender the rents of the Pro~~ert~. ~~ro~•i~ictil that BorroH:~r ~I~~ll, prior to uccelerntiun uncier paraRraph 18 hereof or abandonment~ of tl?c Pmperty. hn~'~ thc ri~ht to collcct Knd mtain such mnt~ as thev i~erumi due and paysble. ~ ' Upc,n accelemtion under pAr:?graph 18 hc~mof or xbandomnFnt oi tiie Yropert~y, l.ender shall be cntitled to have a receiver appo~nteci by a court to enter u~wn, take pocs~,vion nf Rn~i mana~e the Propert~ and to culleri~ t.he rents of the Propecti~, including those i~ast due. ?111 mntc collecteci li~ Ghe receit•er shall 1?i npplieci first to payment of the costs ot management o~ the Fro~~erty :ind collection of mnts, includin~, but not limitc~ci to, recei~•er's fees, premiums on receiver's bonds and masonable attorne~'s fec~, and then to the s~ui~.~ secumci h~~ tLis \1ortRu~e. The r~eiver shall be liable to account only for those rents nctuall~• recei~~ed. Zl. Fuhue Advancea Upon request i~~ Rorro~cer, I.encier, at I.ender's option ~~ithin t~~enty ~est~ from the ; date of this ~Iortgage, ina~• maite F::tum Ad~•ance~ 1o Borro~~er. Sucli Future Ad~•anees, ~rith interc~t thereon, shai! be secured by this \1orig~ge «hen e~•idence~i b~ ~~romi~~on notc~ stating that ;~aid note~ ure secumci hereb~. At no time shall the principal am~unt of tl?e indehte~lnec. ~ecumci bv tl:is VortRa~c, not includinR sm~~ nd~anced in acconlance here~ith to proteM the securit~• of thi~ ~IortgaRe, e~cec~l the origin~i r.mount oi thc \ote plus USt---.-4,000'00------- - 22. Release. LTpon ~iA~ ment of all sun~ secured h~ thi~ ~tortga~e. I.ender sh~ll mlexse t.his ~Iortgage «ithout charge to Borrower. Borrower shall ~~a~ all co~ts bf recorclation. if an~ . ~ IN `~~ITNESS `PHER80F~ Borrower has e~ecutecl t~is Diortgage. Signed, sealed and clelivered in tL/ejf~resen • / /tiy~i~~ J° - . . . ------1?~~~ z ' Horace Clement Borro.rer ~ ~ , . ~ . - __-(Sesl) ~ ---~~~JCJ~:~s~_~=-~->-~-~------------------- MSry C1 nt ~ -Borro..er ~ ' S203_.Sandiego Avenue-------------------------------_--_ ~ Fart Pierce, Florida 33450 - ~ ~ Property Address ~ STATE OF FIARIDA~ _ SC . Iuc ie _ Count~ ss : ~ - s I Lerebvi certify t.Lat on this da~~, before me, au officer dul~ authorized in the state aforesxid and ~ in the count~ aforesaid to take ackno~~led~ements, personalh~ appearecl . Horace Clement__and Mary Cl~ent, hiswife to me known to be the person(s) described in and who erecuted tl~e ~ foregoing instrument and ackno~leJgcrci l~efore me that they eKecuted the same for tl~e purpose ~ s tl?erein expressed. ~ - ~ ~~'iTxFSS my hand and of~'icial seal in the countr zmcl ~t~te afoi•esaid this - da~ af ~ ~ ~.0,~, - ,19 _ ~1 ~ ~ - _ ~1-- • ~ _ ~ - ~ ~ 1 ~ ~ ~iy Commission eapire$: ~~~~`L~''~~ - - NOTM1 PIIHUC, STATE OF fLORlOa A1 t:-R;t NOtATy Pub1iC ' MY OOMNIZS10i11 EXMRfS NOV. 29, 197J ~Q~jp~O '~M~OtI _~YROSKI - NUCKIEYER111~ t110. v?~L -+,~=-~-+-~-e-- - - 290`783 . t~1f~f I~~ O . ~ . ! y 'I i}: ' ~ • oTU R y'- - ==~.s a;o: ~ ~ ~ . ~ t ~ ,t p 4 ~ G: ~ : ~tE R +C1RCt?K~ - , R[S4rt~Y~R~flE6 ~ F~^-~ ~ ~r S ii ~ ~M'1~1 i::r~ ~ ; _ : - . ~%i j , ; . , I y i • . . . ! 1 ' ~ • ;:i . ~ f~ . .,~t ~ . r..:%~ L-.s : ~ ~ :.f'c i.~ ~ l ' ~ % . - , ~ : ~ . , o R ~1 ~~1?09 ~ BOOK s~ ~ ` : -``.ry ; _ . -':~i