HomeMy WebLinkAbout0052 _ ~N.22y• .
18. Boaow~r's Aight to Rsinstat~. Notwitl~stan~iing lxn~ler's acceleretion of tl~e sunu~ s~.~cured t?y this ~Iorl,- ~
Bage~ Borrower shall ha~•e the right to have ttny ~~rucc~iinKs 1?cRun hy l.ender to cnturce Ihis ~fortgage dit?eon- ;
tinued at any time prior to entr~ ai a ji~dg~ucnt entorcing tliis \lortRage if: ia~ Horrowor pays I.ender all sucus `
N hich would be then due under this ~iortga~, thr ?\'ote an~t ~wtes , ecurin~ Future Advanees, if anv, had no accel- ~
eration occurreci; (b) Borrowcr cures all breaches of any otl~er co~•ei?unt~ or uRreen~rnts ot Aorrow•er containecl in ~
t.his ~iortgage; (c) Borrower pays all rea~onai~lc ~x~?enses inc,yrrc~l b~ Lendcr in enforcing the covenantg and
agreements of Bormwer contained in this ?1lort~agc und in enfotcin~ l.endrr'r remeciics Hs pro~ idc~t in parnqraph
l8 hereoi~ including, but not limitecl to, reasonable nttorne~~'r fec~; and ~~11 Borrc?~~er tal:c• ~ucl~ action us I.ender
tnay reasonably rec~uirQ to Assurc that tl~c lien of thir ~iortRa~c. I.cnder'~ intcrest in thc Yro~Krt~ an~1 Borrower's
obligation to pay the sums secumci by this ~1ortRuge sl~all continuc unin~pairc~l. Upon such payiuent and cure by '
Borrower, this ~lortgaRe and the obligation~ SCCUIY.'(I I1CIY•h~ ~hall m~unin in [ull (orce and et~ect xs if no accclera-
tion had occun~ed.
Z0. ~saignaaent of Aenb; Appointmeat o1 R~ceiv~r. ?1s ndctitionat ,ceurit}• hereumler, Iiorro~~•rr hercl,~ i
:~ssigns to Ixnder the rnnts of tltie Propert~: ~iro~~i~icvl tl~at I3orrower shall, ~?rior to nccelerntion under paragraph . ~
18 hereof or abandonment of the Property, ha~•c the right to cc,llect and retain ~uch rents as the~ I~ecome due and
payable. ~
' Upon accelerntion undcr pAra~raph 18 hemof or abandomnent of thc Pro~?erty, I.ender shall be entitled to
have a receiver appointecl b~ a court_ to enter unon, tnke pa~ession of an~l mana~e the Property and to colleet the
rents of the Propert~ , including those ~~xst duc. All mnt~ collcctecl b~• thc mcei~~er shall I,e applied first to payment
of the costs of management of the Pmperty and collection oP rent~, includin~, hut not limited to, recei~•er's fees,
premiums on mceiver's bonds and reasonsti,le attorne~•'s fres, and then to the sum~ secureci hv this ~~ortgu~e. The ±
receiver shall be liablc to account only for those rents actually mceivecl.
Zl. Futurs Advancea Upon mquest li}• Aorro~er, I.ender, st I.ender's option ~~•itl~in t~entp yea~ from the
date of this \tortgage, may make Futum A~h•ance: to Borroa•cr. Such Futurn ~d~~nces, ~rith intemst thereon, shall
be seeured by this ~iortgAge ~~•hen e~ idencc~i b~ promi~son notcK stating tl~at ~aid notes am seeurc~c) her~by . At no
time shall thc Principal amount of tLe indebtc~inca~ ~ecurert ht ~is \fortgagc. not includin~ sums ad~ancecl in
acconlanc~ here«ith to protect the securit~• of thi~ \tortRngc, exceed tl~e original amount of the Note plus
~ US i---3Q,-750~..Q0--
22. Release. Upon pa~ ment of ~11 sun~.< securcK! by thi~ \(ort~a~e, I.ender shall reteasc this liortgaRe with~ut
charge to Borrawer. Borroner shall pay all cost~ of recordation, ii any. ~
Ix ~~TITNF.SS `VHEREOF~ Rorro«er hns executed tt~is ~tortgage.
Signed, sealed and cieli~~ered
in tLe resence of : ~
.
- _ - - (Sealt ~
~ , a - - -
;
ue~ C, r11.~0 -Borro~ver ~
_
~ , .
_ " ~f~---------~--------------- - - - - - -(Seall
DE~ 7~. Au~ -Borro~ver
S. U.S. #1
Ft. Pierce, Florida
" Propercy Address
STaTE OF FIAKIDA~ St. Lucie Count~- ss:
~
~ I l~ereb~ certif~~ t}~at. on this da}•, before me, ~w officer duh- ~iutl~orized in the state ~foresaid aud ~
~ in the com~t.~ :~forestiicl to take acknowled~eroents, personalh~ appeareclSamuel C.__ Aurilio and
; Deborah ~L. Aurilio , to me kno~vn to be thc~ person(s) desoribed in and wl~o executed thc
; fore~oinn instrument and ackno~ledgecl hefor~• me tl~at they ~,~~~uted the same for tl~e pm•pos~
~ tLerein expressed. ~
~~'iTx S m~• }~aiid and oti~icial seal iii tl~e count~• :~nd st<~te aforesaid this ,~~?_._.r_ da~- of '
~ _ - - - - ~ - _ ,19 7 ~ . " .N. ~ _
. .
~
~ ~i~t C'ommission expires : ~r~-
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NOT/1RY PUBIIC STATE CF ft*~DiDA AT LARvE ~ a~'}' PU~3~' ~ -r
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