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HomeMy WebLinkAbout0942 ~ o~~ ~ 10. 3oaow~'s AiQb1 to A~iaqati. Notwitl~atsnding I.encier's accelerstion of the eums uecured by thie Mort- gsge, Borrower shall hsve the right to have any ~?roceeclinge I~egun I~y I.enc(~r to e~force thia ~iortgage diacon- tinued at any time prior to entry of a judgment entotcing tl~is ~ortgage if: (a~ Borrovrer ~?ya I.ender all suma which would be then due under this ~tortgage~ tl~e Note ancl notea securing Future Advsncca~ ii s~y~ had no ~?acel- eration ooourred; (b) Borrower curea all breAChe~ of any other covenante or egrce~uents oi Borrower ~ontained in this Mottgage; (c) Borrower psys all reasonable expenaea incurred by I.ender in enforcing tha coven~?nta and agreementa of Borrower contained in this Mortgage and in enforcin~ I.ender'a remedics us provided in paragraph 18 hereof, inoluding, but not limiLed to~ ressoaable attorney's fees; and (d) 8orrower takcs sucl~ action as Lender may reasonably require to usaure that tlie lien of thia ~tortgage. I.cnder's interest in the Property and Botrower'~ obligatioa to pay the sums aecun~ci by thia hiortgagc al~all continue unin~paired. Upon such payment and cure by Borroweq thia Mortgage and the obligations secumci hereby Rl?all ren~ain in tull force and ei~eet as if no accelera- tion had occurred. ~adyem~ent d Heab; Appoiatment o! A~i~ru. As aciditional security hereunder, Borrower hereby aseigas to Lender the renta of the Pmperty, providecl tl~at Borrower sl~all, prior to acceleration under paragraph 18 hereoi or abandonment of the Property, have thc right to collect and retain such renta as they become due and payable. ' Upon acceleration under paragraph 18 hereof or abandonment of the Property, I.ender shall be entitled to hsve a receiver appointed by a court to enter upon. take poesesaion of and manage the Pro~erty and to colleet the reats of the Property, including those ~ast due. All rents collectect by the receiver shall l~e applied firat to payment . ot the costa of management oi the Property and collection of rents,' including, I~ut not limited to, receiver'a fees, premiums on receiver's bonds and reasonable sttorney's fees, and then to the sums secun~cl by this ~iortgage. The receiver shall be liable to account only for.thase rents actualty received. Zl. Fntur~ Ad~ra~c~s. Upon request by Borrower, Lender, at Lender's option within twenty years iram'the date of this `iortgage, may make ~ture Advances to Borrower. Sucl~ Future Advances~ with interest thereoa, ahall be eecured by this ~iortgage when evidenceci by pramissory notea stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness securect l~y this ~'iort~age, not including sums advsnced in accordance herewit~h to pmtect the security of this ltortgage, exceect the original amount of the Note plue II$ =--~,QOD+QQ---------• ZZ. 8el~ase. Upon payment of all sums secured by this ~iortgage, Lender shall release this 1rlor~gage without charge to Borrower. Borrower ahsll pay all costs Df recordation, if any. IN WITNBSS WHBREOF~ Borrower has eaecuted this Mortgage. ~ - . Signed, sealed and delivered . in th presenoe of : - - i •~.~2ct/ ? ~ - - Sesll Aaro . Le1ri Borrower ~ f , ..c~ ~ • . ~ !~f~ - - - Lu~a ii. Levis BortOwE~ _ 1213 Otvwnd Avenue _ _ ~ • Ft._Pierce~Fla~ 33450 Pmperty Addree . STATg oF Fr.oxroe, INDIAN_ RIVER Connty ss: I hereby certify that on this day, before me, an officer dnly anthorized in the state aforesaid and in the connty Aforesaid to take acknowledgements, personally appeared __HARQ~.U__F~__LE~TZ~__ead______.. _____E1TI.A_~i.._LEVIS, -his__vife,to me known to be the person(s) described in and who execnted the foregoing instrnment and ac~owledged before me that t~]! eaecnted tLe same for the purpos~ therein expreased. ~ Wrrr~ss m~ haad and official seal in tlie county and state aforesaid this day of bctober - 19 75--------- My Comrnission eapire$: ,-'-'----"-'-'~r---'- r . 1`Totarq Public J ~ IJOTA4Y Pt,p: tC 57J.T~ QF fLORipA AT IARGE J~ MY COMM':~t(TN C)(r.t: ~~a~ i9~ f# .:u~~. 60ND'tD li1iU'vcN~kn~ i!dSU~=.?:CE UtvDfRWRITflS . ~ ~ . ~ 3, !os _ , r~ ~ - •Q : •r~ ~ . _ fllfo a~?•~ECOROEO ~ - : - ST. LU~1= ;,JJNTr FLA. ~ " _ R~C~: ?:J~1^~S : ' ~ Cr caK ;~,Ji? CaURt : ~ . • ' . pcl;r~Re ;.F:,i ~F~ ~ ~ ' - J ~ OCT 3O I~ 2? P ' ~ ~ H T5 ~aF-2w-s-~4-vs~ ~~~5 ~ 93'7 ~ . _ ~s ~ _ _ _ - - - - r-~;~ ~ ~ x : , . .