HomeMy WebLinkAbout0810 . ~
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prior to en~ry of a judgmeat eaiooci~~ this Mort~ag~e i[: (a) Borrower p~n Lendcr att sums which would be then due under '
this Mortgage~ the Note and notea securin~ Future Advanca, if any, had na acceleration occurred: (b) Borrower cures
all breaches of any other oovenana o~ a~reemena of Borrower contai~ed in this Mongage; (c> &~rnowe~ pay: ali reasonable r
expenses iacurted by l,epde~ i~ eatorcing the aovenants and agraments_ of Borrower coatained in ihis Mortgage and in i
enforcing Lender's remedia as pmvided in pangraph 18 hereof. including, but eot limited ta, reasonabk attomey's fees; ar~d s
(d) Bonower takes sucA ution u Le~der may reasonably requin to assun that the lien of this Mortgag~, Lender's interest ~
in the Property and Bornower
a obligation to pay the sums securcd by this Mongage shall continue unimpaired. Upon such ~
payment and cure by Bormwer, this Mottga~e and ihe obligations securod hereby shall remai~ in full force and etfect as ii 3
no acceleratioa had occurred. ' ~
29• Aadtameat ot Re~bq Appojntre~t ot Recel~er. As ~dditional security her+eunder, Borrower hereby assig~s to i
Lender the rents of the Propeny. provided that Borrower shalL prior to accelcration under paragraph 18 hereof or abandoe- ~
ment of the Property. have the ~ight ta colket and ~etain such reats u they become dut and payable.
Upon acceleration under pangraph 18 hereof or abandonment of the Property. l.ender ahall be entitled to have a
roceiver appointed by a coutrt to enter upon. take poaxssion' of and manage the Property and to collect the rents of the
Property, including those past due. All rents collectat by the reoeiver shall be applial first to payment of the costs of
management of the Pmperty and collection of rents, i~cluding, but not limited to, eeceiver's fea. premiums on receive~'s
bonds and reasonabk attorney's foa, and the~ to the sums socurod by th+s Mortgage. 'ilu receiver shall be liable to account i
o~ly for thaae nen~ aciually received. 3
21• Frtore Ad~aaces. Upon requat by Borrower. Lender. at Lende~'s option withia twenty years from the date of this
Mortg~ge. may make Future Advanas to Borrower. Such Future Adva~ces. with inlerest thereon, shali be securcd by this
Mortgage when evidenced by promissory ~otes stating that said notes arc securod hereby. At na time shall the principal ~
amount of !he indebttdness securai by this Mongage, not including wms adv ncxd in accordance herewith to protect the
security of this Mortgage, ezceed the original amount of the Note plus USS. ~~s~0~-.Q~ .
22. Reieasa Upon payment of a!1 sums secured by this Mortgage. Lender :halt retease this Mortgage without cbarge
to Borrower. Borrower shatl pay alt coats of recordation. +f any.
23. Attoraey's Feea. As used in this Mortgage and in the Note, "attomey's fees" shall include attorncy's fees, if any, ~
which may be awuded by an appellate court.
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IN W17'NESS WHEREOF, Bonower has executed this Mortgage. ~ ~
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Signed, sealed and deliv rtd
in the presence of: ~ t
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J06 ~ J . ~o,~,..,
. . . . . • . . . . ` . . . . ! . . . . . . . . . . . . . . . . . . (Seal)
MARY ArIId -ea.~..
STATE OF FLORIDA . . . . . . . . . . . . . . . . . . St. , Lucie . . . . . . . . .County ss:
I hereby certify that on this day, before m~, an ofl'icer duly
a thor~'ud~ ip~h~e st ate afoF' ~id~ ~and in the county
aforesaid to take acknowledgep~e nts,p~ rsonally appeared J05~ J:. lA(?i and MAR]f. AI~V IACH,_
, , , , , , , , , , , , , , , , , , , , , , , ,h,ls, wite _ . ~ ~o me known to be tf~e person(s ) described in and who executed the
foregoing instrument and acknowtedged before me that. ...executed the same for the purpose therein .
eapressed.
WtTHESS my hand and official seal in the county and state aforesaid this. ...~~~t. ...day of
. . . ' . _ . . . A~ceao~aer+. . . . . i977. . .
~`~~m~~~v~ltr_ STAfE CF FLOatDA A1 lf.R~ ^
~ ~Y pOMM1sS10N t7IPV.E3 NdV. 1~. 17Td
-n . i5~~ iMRU GEt~EfL41. lNSURAAICE UNDER1MRTiEIES . . . . . . . . . . . . . . . . • • . . . . . .
!~lobry PiiEaic
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(Spso! 8llow Tt~is Lirft R~steved Fo~ Lende? snd RKad~r~
fIUD ANO RECORDEG
ST. tUC1E CQUNTr FtA
ROCER POtTRAS
CLEPK C•`2CUIT COURT
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388613
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