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HomeMy WebLinkAbout0374 r - • - - 18. Borrow~r's Right to Aoiastato. ~01N'1tI1~iA1HIli1K Lrrnfer'~ u~•ccleratiun uf th~• ~uiur ,ecurr~l i?y thi~ \iurt- kage, RorroKer shall ha~•r the riRhi to I~a~~r an~ ~~roee~yli~iK, 1?~•Kiu~ i?~• L~•n~ler tu ~•nfor~•c thi~ \lurtKi~~e di~scun- tinued nt nny time prior to entr~• u( u ju~lgu?~•nl rniurrinfi thi~ ~turt~;ake if: lu~ Burro~?•ec ~?ays [.en~ler Rll :~wn~ which would Ue then duc wider thi., \lortguge, tlu~'~ot~~ .u~~i notr.; ~~•curiu~; Futun• ~~h•anc~•., if any, h:~d no acce!- erntion occurretit; (t~1 Rorruw•er cumc aH l~mactic•~ of an~~ otl+~~r ~o~•~•nurtt~ or:aKrcru~e~t~lr o[ Rorroi~•e~r cuntaiucvl in this \tortgaqe; (~1 Borro~~•er~?u~~s »Il mxsonuhl~~ rxprir.rs inrurmd b}• I,~~u~lrr in enforcinK tlu~ ~•o~•enants iuxl agreeuuertts ot Bormw•cr eonta~necl in tliis ~IortRaae arni in enforeinR L~•n~lcr's r~~~u~vlic•c us pro~•i~i~y1 in par~?gr:?{?l~ ~ ~8 hereof, includi~g, bul not limited to, masonal?I~• uttorm~~•'s f~~~•~; :~u~l ~~1? l3orro~~•er takr~ weh uction ~?s I.ender may rnz~sonably requirc to assum tliat the licn uf tl~i~ \(uriti:?~;~, Lciid~~r'~ intere:t i~? the Yro~?~~rt}• f~a~l BormK~er'~ obligation to ~?ay the ~ums securctii b~• this ~iortRi?~c ~I~aU rontinue~ unim~?a?ir~~l. i'~,ou •uc~h ~>:iynier~t an~) ~ure h~ Borrower, this \lortgi?ge and the ol?li~;atiu~z~ ~c~urc~! l,~~rrl,~~ ~hali ,•~~~,i:?i„ in full tor~~e uu~l c~t~'e~ct u: it no a~•celera- tion had occurred. 20. Assiqrimeat oE Renls: Appointment of Receiver. :1~ u~l~litional ~~•~•urit~• tiereun~ler, l;orro~~•en c~~rch}~ :iti~igns to I.ender thc mnts of the Pm~?rrtr, ~~m~•i~leyl tl~:?1 Rurro~~•er ~luill. ~~rior to acr~•teration un~ier ~~ara~ruph 18 hereof or ahan~loninent of tl~e Yro~iert~•, ha~•~• th~~ riRht tu cnllert .ui~i retain ~urh rent~ a~ ttu:~~ I,ecou~e ~Inc and paynble. ' ' LJpon xccelenttion under ~~~ra~rn~?ii l8 4emof or al?a~ulorutient of the Ym~?c•rtt-, I.c~iider ~}lAll he entitle~! to ~ ha~•e a recei~•er a~~pointeri ht• n court to ~~nt~r u~?oit, tnkc~ ~~o~~c ~.,ion of an~i ~uxna~~ tl?~ Yro~?c•rt}• and to collect the rer~ts of the Propert~~, inoludinfi those ~~a~t ~lue. :111 rcnt~ coflec~t~til h}• thc~ re~ei~•t~r ~hnll 1?c~ a~~~?li~~i firrct to pii~~ment ~ of the costs of ?uannRement of the Propert~• :ui~l colle~ti~~n of rnnt~, inclu~linR, I,ut not limitc~i to, rnceirer'~ iees, premituns on mc~irer'c hon~1~ an~i reu~onabl~~ :ittorne}•'~ fees, un~1 then to th~~ ~un~. se~ure~i h}• this ~tortKaKe. 'I'!ie ' receiver chall be littble ta accaunt onh• for those rents setuall}• mc~it•eci. 21. Future Advanees. L+Iion request b~• Iiorro~~•er, I.enclcr, :?t I.en~ler'. option ~~•itlii~~ t~~•t:n/~• ~can frum fh~~ dste of this \[ortRa~e, ~nx~• ~nake Futurc• Ad~•an~e• to Rorro~+•cr. ~i~cti Fiitum ~~1~~a?nce., «•ith intem~t ttiereon, shall be secur~i ln• tl?i~ ~tortgi;~e ~~-hcn e~•i~tencc~l ht• ~~t•oti~i~~on• not~~ .ttztin~ tl~at ~ai~! notc~• ~m secure~i hemby_ At nQ . time ~h~l~ the ~~rincipnl ~mo~u~t of ihc indebtcYln~:~~ ~~~urc~l h~• thi~ \tort~;~g~~, not includin~ sums ad~•Ancc~i in scconi~ne~~ hem~itli to !?rotect the~ ~ecurit~• ~t thi~ \lort~~~?c~. excei~i tlie ori~innl an~ount of t}~~ '_~TOte plu~ ~ US; 3, 750.,00 _ . ; 22. Aelease. L'~fon ~»~•ment of nll .u~u: •ccureYi h~• thi~ ~Iort~;ac~?e. Lender ;hall releace thic ~lortgaKe ~rithout charge to Borm~ver. Rorro~~er ~hall ~~at ~tll cost~ ~t mconiation, if :~n~. ~ Ir ~i'iTVr:ss ~i'rtt:REf1F~ Boi•ro~rer ha~ e~c~ciited tl~is ~fort~t~ge. Si~ned, sealeci and ~iel;t~ered } in<lie esence of: " ~ . ~ , ~~x-~- - - ~ ; - - r-- - _ _ . ~ .C~ • ..~c (Seal) ~ June C. Barber -Bono~er ; . - - t, ~ ~J-~l.(~.'t(.~ t--• - - - _ _ _ - - - (rrower ` ~ f,:,; -Bo ~ ~ 2012 Golfview Ct. ~ Ft,~Pierce, Florida ~ - - - ~ Propercy AdZ;ees ~ ~T.~TF: QF FI.O}tlDa~ .St • ~11C1@ (~Ol1llt~" S~ : - t I hereU~- c•ertif~• tl~at on thi~ ~la~-, beforn nu, ~n of~'icer chil~- .uithorized in the statc~ ~for~~said and ~ Ill ~~lE' c•ou~~t.~- :~fores.iici to tak~ .icknm~-lc~d~euu•nts, personall}• app~ared _ June C.- Barber . ~ . tc? m~ kno~rn to hc~ thc~ person ( s) described in and i~o e~ecuted the ~ f~r~~oin~ i~lst.rument .ind ackno~~•led~eti hc~for~ me th~t she exc~cuted th~~ same for tl~e pin•~?o~e~ ~ th~rein rxpressed. ~ ~ «'ITNF,S.S Ill~" IlRll(1 aud oRici:il ~~~~1 in th~~ cuunt.~- .~n~l ~t.~tc ~~for~~.aid thi~ 1$th. dai of ~ December , iq 7~ . ~ c / J ~ , . _ ~ir (bmmis~ion expires: 3/29I79 ; " . ~ _ ~ ~ ~ ~ ~ ~otan• Yub ~ i ~10TAfiY Di~B:IC STr'~T't ~ ORIDA AT tA~2vE . _ AAY CC%.St~I,::Sip;J fX .Ec e , ~ f AR. 2~. 1479 ~ ' T}!RU GEN~?',41 l~:SUZA~~ U~r~EplVRIiE~ ~ ~ ~ ~ ~ ~ p~~, . . ' . v is~ , ~ f J - _ . ~ - i . ~ b ~ .~v _ ' C ' ~EGG~~E~ f Q ~ : f ?`ED ~,t10 p~Y ~ ' t'r, ~ • ~ St.1.U~~E~ pOtSRAS SS:~~E~'` ' a 1tOK WaCU1~ C~ultt CIE~ p~f1E4 ~ ltE~OR~ ~E ' ~~~f, . ~ ~ ~i 3~ ~ . - ' ~ ~ _ ~ • ~ g~O ~ , y. 323 ~ , . _ _ . # IRF 2M 5-7~-YBP as~~ ~ ~ 247 ?a~J~ 374 ~ . ~ - ~ ~ ~ ~ ~ ~ ~ _ ~ ~ ~ ~