Loading...
HomeMy WebLinkAbout1426 1f-•. ! 1 ~ ~ / 7 ~ • ` 18. So~ow~i a Aight to A~instat~. 1~°utNithtilan~linR I.~n~ler's acceleretion ut tlie ,unus secured by this \lort- gage~ Borrower shall h:ave tl~e right to ha~•c :~n~ ~?rocc~iin~x IK~Ruu 1?y I.e~der to ~•nforce thi.. ~tortKage discon- tinued at any tin~e prior to entry-of a judRu~ent enforcing this ~IO[IQNRf If: (ri) Borrow•er pays I.ender all su~u~ which would 6e then due under this \iortgage, tlir ?~'otc un~l noteb securink Futum Ad~•nnccs, if any, haci no accel- eration oecurreci; Ib) Borrower cures all breaches of any other co~•enant~ or ngceeiuents oi Borrow•er contained in • this :~tortgage; Ic? BorroK•er pays all masonal,lc c•x~~enser incurreci I?y I.endcr in enforcing the co~•enants a~d agreements of Borroaer containeci in this ~-fottgxge and in enforcinR I.ender'n reiueciies as pro~•idc~i in parngrapl~ 18 hereof, includinq, but not limiteci to, masonable nttorne~~'~: fccs; aod ~d) Borro~ver ti?k~~ suct~ action us I.encler iuay ret?sonably require to assure that. thc licn of tl~i~ \IortRn~c. l.cnder'~ intemst in thc Yro~~ert~ and I3orron•er's , obligation to {~ay the sums secured by this ~iortRuge shnll continuc uni~upairc~l. t'pon sucli payn~ent and cure by Borrower, this \iortgage and the obligation~ secureci he~Yh~ .lu?ll mmi~in in full force and effeM if no accelera- tion had cecurred. . ' Z0. Assigsiment o! Renb: Appoinhnent o! Receiv~r. A• udditional ~ccurit~ hemunder. Borro~~•er l~ereb~• ~ xssigns to I.ender the rents of the Pmpert~~. ~~ro~•idc~l that Borrower ~i~ell, ~?rior to acceicration under parngraph 1 18 hereof or nbAndonment of the Propert~ . hA~•c tl~c• riqht to collect an~i mtain ~ucl~ mM~ as the~ I~ecome due and , payable. - ~ ' Upon acceleration under paragraph 18 hemot or abandomnent of the Pro~?ert~, I.ender shall be entitled to J have a recei~er appointecl by a court to enter u~~on, take po~e~ion ot an~l mnnaRe the Propert~~ and to collect the ~ mnts of the Property, ineluding those past due. All mnts collecic~i b,r• the mcei~•er shall I~e appliecl first to payment of the costs of roanagement of the Propert~ and collection of mnts, includin~;, hut not limitecl to, recei~~er's fees, ~ premiums on receiver's bonds and rearonatile attorne~'s fecs, and then to thc sun~~ secureci by~ this ~lortgaRe. ~Thc receiver shall be liable to account only for thosc rents actuall~ mcei~~ed. _ ~ U Zl. Fuhue Advancoa Upon request h~ Borro~~ cr. I.ender. :?t I.ender'~ option ithin twenty yeA~ from the date of this \Iortguge, rna~• make Fidum Adrance~ to Borro~rer. SucL Ft~ture Afi ances, ith interest thereon, shall be secureci by t.his ~iortgage «hen c~•idcnceci b~ promi.~or~~ notc~ stating that :aid notes are secured 1?ereby . At. no time shall the rrincipal amount of the indebtedness ~ecurctl b~ this \fott~aRe, not includin~ sums ad~ anceci in Accardance hescaith to ~~rotect the serurit} of thi~ ~IortgaRe. exceicl the origina! ~smount of the 1\'ote glus IIs=_?-5~000.00 - . ~ ~ 22. Release. Upon payment ot ~11 ,ums securecl h~ thi~ ~lortgaRe, T.ender ~hall relexse this \iortgage ithout charge to Borrower. Borroa~er shall pay all cost~ ai recordation, it anv. ~ Ix 1ViTxESS R'HERSOF~ Borro~rer has execl~ted this 1liortgage. Si ed, sealed and delivered . . ~ i .b presence of.: ` , ~ , ~ ~ . ~ - -r----- . - -(Sea , _ e~er . Enns -~,.ro.~r . .n_ . _ h/ cy~~/`- .l'l'Lt.L.Q-t~/ il~t,~.~!!~ (Seall _ ~ ~ - - - - - - - - ~ ~ - LuCille H. E21Y1S -Borrower ------7005--Rob~rt s Ao~~t----- ------E'~-.~--P_ ierc_e~_Elorida--------------------- Property Address ~ STwTE oF F~.oxm~, Indian River . Count~ ss : ~ I hereby certifr tl~at on this da}*, before me, au officei• duh- authorized in the state afocesxid and ~ in the comit~ aforesaid to take a 1c~i~eledTements, personall~ appeareci _Peter_ B,__ Enns___and_ _ Lucille H. ~nns_,_ his ~to me.known to be the person(s) described in and who executed tl?~ foregoing inst.rument and acknow•ledged before ~ne that they e.~ecuted the same for the purpos~ tiierein expressed. `~~1TN m- an and ot~'ici~l seAl in ti~e count~~ ~nd stat ~ oresaid this da~T of - - ~ - - _ , ~s 75 - ~ ~ ~ ~Iy Commission expires: - - - - - - - ~Iotary Public ~ - . . . ~~~.~~:<<,~~.,,, . NQTI~RY FL~BLtC. STRTE M~;C.*•`~~ t~FCE S,p ~r ~ ` ~ MY C4; `.:i •=1~!i i , , _ ~ ~ . I. ' ~ BONCEi, li,",U _ . _ . ~ ; ' , 1. • ~ / ~ ~ ` ~f j~ = _ ~ _ ~ : ` J - ~ ~ i ~ _ ~ ~ ~ • . ' ~ - .yi ' f~`C V ~.k:' ~'~~It~ J~f ~ ~ S1. LU,!E ~=uUMTi' fL1. ~ ~;;c:.- r~rTP4E ~ ~LEr,li C~~ :,uir ca~RT ~ ~ frCi~~i~ V~'- F}EO ~ Oct 6 2 t~ PN'15 ~ 318386 ~ BoQK 244 PACf 1427 IRi 2M 5-71 VBY ~ ~ . . ruYa' ~.'rs. _a_~'_:~ ~ _ . . ~P..~.