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HomeMy WebLinkAbout0702 18. Bosrowai•Rigbt ~o R.inataie. \ot~~•itli~tan~lin~; L~~u~l~•r'~ u~•~•~•l~~r:~tiun nl tli~• •iuu~ ~~•cu~r•~l I?~• tl~i: ~lorl- gage, Borrowcr ~hAll I?n~'c thc ti~l~t to hn~•~~ :ui~• ~~ro~•i~~tiiiu~;: lu•t;un h~~ I.~•n~f~•r tu ~•nfur~•~• ihi~ \1~?rtku~~• ~li~~•on- tinued At nny time prior to entry of n ju~iKm~~n1 ~~nior~•iuk tlii• \Inrt~;aR~~ if: iu~ li~?rn~~c~•r ~?a~•~ I:~~n~l~•r ull ~wm ~~•l~ich ~~ould 1?e then due under this \Ior~~;aK~•. 11~~~ \~~t~~ :ui~l not~•; :~•ruri~~~ Futur~~ _~~1~•:u~~•~••, if :tm•. I?a~l no :i~cel- crntion cecurre~l; (bl Borro~rcr cur~w :ill hn~a~~lu:: of :~~i~• oth~~r ~•o:~•iuinl~ ur :?~;r~•~•iu~~~it~ of 13orro~~•c•r ~~onti~int~l i~i this \tortgage; (e) Borro~~•er pz~~•. z?Il re:t•uu:~l?I~~ ~•~~~c~u~~:: iui•urr~vl I~~• L~•u~i~•r iii ~•nfor~in~ thc• ~•o~•e~u;nt• :uul agreements of Bormwer cont~imvl in thi. \lort~;u~;~~ an~l in ~•nlor~•in~; L~•n~ic•r'~ ~Y•iu~vli~~~ ~?ro~•i~t~•~I in ~?aru~r:~~?li 181?ereot, inrlwlin~, but not li~uited to, mu~un:?1,1~• :?~turiu•~•'~ f~•~•~: :~n~l ~~1 i Rurru~~•~~r t~~k~~• •ui•li a~•tiun l.emler ~u~y m:?sonably rc~~uire to:?~sum tl?i?t th~~ li~•~i of thi~ \lort~;:~~;~~. I.~~ml~~r'.~ int~~r~•:t in th~• I'n~~~c~rt}• :~n~l Rorro~~~cr'~ obligation to ~~a~• the sums seeurc~l In• thi~ \lurt~;:?~~• •liall ~•onti~uu• unii~i~~aiiYyl. 1'~~ou ~ucl~ ~?a~•n~ent :uu) ~~um h~• Aorrot~•cr, thi~ \lortg:?};e uu~1 tl~~• ol~li~;stiun~ ~~~~•ur~til I~~•r~•I?~• ~l~:~ll r~~iuain in iull fomi• :unl ~•It~•ct if no :~crc~kru- tion hnd occurred. ~ 20. Assignment ot Rents: Appointment of Receiver. :ui~litiou:~l ~~~~•m•itc lu~r~~un~li•r. I~orro~c~~r lic•reh~• , :i~signs to Len~icr th~• mnt• of tlu~ Ym~,~•rt~•. ~m~~•i~k~i tliat 13orroo~~•r ~Ir.ill. ~?rior to :u•c•cl~~rution ~m~i~~r ~?:ira~rs~?1~ 18 hcrco[ r~r ah:~n<lon~u~~nt of tlu• 1'm~?~~rh-. h:~~•~~ tlu• ri~l~t t~? r~?Iic~ct :uut ~ti•t:tin •w•li r~•n~: a~ tl~c~~• hc~~~nn~~ ~lu~ t~u~i ; pH}~able. iTpon a~•~•eler:itiu~~ an~ier ~?:ira~ra~?1~ 18 h~~r~~ui or :~h:u~~louui~•nt of tlu• }'~Y~~n•rt~•. L~•u~1er >l?:ill h~• i•ntitlcYl to hn~•e :t mc~~i~•~~r :i~~~?ointcyl 1?~• :i c~n~rt to ent~•r ii~~on. tak~• ~~~?<:~•~~ion of :uul m:?na~,~• tl~~~ 1'm~~ert~• :~n~l t~? collr~t th~• mnt• of tht~ Pm~~~•rt~-. irn•In~linr tho~~~ ~?:~•t ~lu~•. :~II n•nt~ ~•nll~~~t~•~1 h~• tli~• rcc~~i~•~•r ~liall lH• :i~?~~li~~~1 fint to ~r.i~•nu•nt of the ca•tc of ier?na~euu•nt of thc Pro~~c•rtr :~u~1 ~•ollection of retzt~. in~lu~lin~;. I~u~ not li~nitiyl to. rerei~•er: ice~. ~imn~i~uns on n~c~i~•~r'• Iwu~l~ iind rea~ou:il?l~• :ittorn~•~•'~ l~~c•. :~n~l th~~n to th~• •uu~: ;t•~•un~l I?~• t!?i~ \fort~;,?t~e. Th~• recei~•er ~haill 1?c liahle to sccoi~nt onh• for tho:~~ n•nt~ :?~hiulh• ~Y~c~•i~•c~l. . 21. Future Advances. i"~~on reque~t h~• l;orn~~~-~•r. L~~n~ler. :?t L~•u~l~~r'• u~?ti~m ~~•ithin t~~•~~ut~• ~•e.~i• lro~n th~• ~iat~~ of thi• \Iort~;a~;c. nw~~ mskc Futinr :~~t~•.inc~~• tu Ror~y?~~~~~r. ~ucl~ Futur~~ :1~1~•:w~~~;, ~~~ith interc~~t thc•mun. ~Lall • Ix~ ~rcorc~l 1?~• tl~i~ ~Iort~a~e ~nc~•n c~~-i~ieu~•~~~1 h~• ~?ro~ni~~or~• not~•• •t:?tink th:it ~:ii~l m~t~~• :?rc• ~e~•unyl iiemi?r. :11 rn~ time ~I~all thc ~?rin~i~?al :?mo~u~t oi th~• in~l~ht~rln~~:• :~•~•inr~l I~~• thi~ \lort~;a~~~~. uot inrlu~ling ~wu~ a~h•:u?ccrl iu :tcconl:tnr~~ ht~r~•o•ith to ~~mte~t th~• ~rr~~rit~• o( thi; ~lurt~:?~;t . c~~~~~~1 th~• ori~;in:i) :nuuunt ~?f th~• \otc• ~?lit~ vs a -o- . 22. Aelease. j'~?on ~~.i~•uumt of sll ~~um ~~~~ur~•~1 I~~• thi~ \I~?rt~a~;~•. L~•ml~•r :I~:ill rele:?-~• tl?i~ ~(ort~a~:e ~~•itl~out ch:~rge to Borro~~•er. Borm~~•er ~h:~l) ~r.it• ali ~•o:t~ oi r~•~c?ttil.iii~~n. if :u?~-- 1~ ~~'rr~t:~., ~~'~tti;r:~~r•, Rorro~~•c~r h:~~ c~s~c•ated thi~ _1[~rtga~c~. Si~r?ed. se.~l • id ~i~l' • •ed in th~ pre ~e f • r . - - - (~eall ~Alll.l.ldiri ~'1]11-SG-'e i~C~~.Bonov~er • -~SBf. . t.rti--~'-~ _ (Seal) ; - - - . _ _ Dpr1S Q13I1-See a/k/a D. C~'1]11-~Brotrer i . 602 S. W. Branfard Rd. , _ - - - _ - 4 Po~ St. Lucie, Florida 33450 ~ Property addtess - i i ~T:\TF. of Ft.oHin:?, ~9 C'oimt}• s~ : - ~ 1 h~~r~~h~- c~~rtif~- tlu~t ~~n tlii~ cla~-. h~t'ore u~~~, an uflic•~~r ~li~l~- .~ntl~cn•izecl in the stat~r .tfur~~,.ii~l :uul ~ in tlu~ r~~u»t~- :~t'ot•~~~:ii~l t~? t.tk~• :~~n~~~Jq~~-. ~g°[31~~L`~~.~~'.h:. 1a ' I6 ~ and DORIS C~iIl~I-.5~, his wi nu'Ycno~~•n t~? t~~ ~,c~r•ou(s) ~Ic~~cr~h~~d in .in~l ~~•h~? c~x~~eutt~d th~~ t'~?r~~~,~?in~, in~tri~numt :~ii~) :u•kn~?~cl~~cl~~'~l 1?~~f'~?r~~ ~n~• th:tt they ~~x~~c~uted th~~ •vue~ t'~?r tl~~~ !?in•~~~,•,• tlu~r~~iu ~~~pres~~d. ~~~ITNF~.: n~~• li:tn~i .~u~l ~?fli~•i:~l ~~•af iu tli~• ~•ui~ut~- :~n~l •t.it~~ .~t'~~r~•::ii~l thi~ ~ ~,7` AH~- ~~t'. ~~b IZ v t? R , 1~? ~s , ~ y . ~'i ~ \f ('~?nnui~~i~~n rspires : ~ t . \otar}• Yub1iC~. ,q' ~ ~ r . ; R 'g_ rC STATE '~F ~ ' ~ ~ ~ : ~ . ~ RORIpA AT U~ i:; ~ µY CUMMISSiUN EXPiRES A1JG_ 1, 1978 ~ ' ~ eCNDED iNBU GfrtERAI It~jU,~q~E UNDER1fyq? ' " z " i~ ~ , ~ ' - ~ . ~ '_iQ0982 ~ ~ ~tE~ aK~ 4t~~~ ~ ~ S l1t+iE v:~tttl . ~ ~OaE~ i~~TR,$ , 1; ~ CLERK C:;:CU~T C01lRT i~ i ~ RfCORp YEr'~ ~EJ...~.~~s ~ ~ F~ 7 li o~ AH'Z5~ ~ ~ c ~ ~ ~ a ~ ~ ~ ~ 1 ~ ~ ~ ~ ~ o k ~ w 1~ ~ BOOK~~c~IJ PAGf 7O2 ~1 ~ ~ ~ ~ ; _ _ a