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HomeMy WebLinkAbout0159 prior to entry of a judgment entorcing this Mo~tgage if: la) Borrower pays I_ender all sums which wouid be then due under this Mortgage, thc Note and notes securing Future Advanccs, it any, had no acceleration accurrcd; Ib) Borrower c~ka all breacha of any othtr covenants or agreements of Borruwer contained in this Mortgage; (c) Borrower pays all reesonable expenses irx:urred by Lender in enforcing Ihe cove~a~ts and agreements of Borrower contained in this Mortgage and in en(orcing Lender's remedies as provided in paragraph IR hercof, including, but not limited to, reasonable attorney's tees; and (d) Borrower takes such action as l.ender may reasonably rcquire to assure that the lien of this Mortgage, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaircd. Upon such ~yment and curc by Borrower. this Mongage and the obligations secured hereby shall remain in full force a~d efiect as if no acceleration had occurrcd. 20. Assignmsat of Rents; Appoi~tmeat of Recei~er. As additional security hereunder, Borrower hereby assigns to I_ende~ the rents of the Property, provided that Borrower shall, prior to acceleratian under paragraph 18 hereof or abandon- ment ot the Propeny, have the right to coltect and retain such rents u t6ey berome due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property, i.ender shall be eotitled to have a receiver appointed by a court to ente~ upon, take possession of and manage the Property and to collect the ~ents of the Property, including thoae past due. All rents collected by the receiver sh~ll be applied first to payment of the costs of management af the Properly and collection of rents, including, but no~ limited to, receiver's (ees, premiums on receiver's boods and reasonable attorney's fees, and the~ to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. 21. Future Advaoces. Upon request by Borrower, l.ender, at I.ender s option within twenty years from the date of this ~ Martgage, may make Future Advances to Borcower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS• 22. ~ Reka9e. Upan payment of all sums secured by this Mortgage, L.ender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. Attoraeys Fees. As used in this Mortgagc and in the Note, "attorney's fees" shall include attorney's fees, if any, which may be awankd by an appellate coun. IN WITNESS WNEREOF, Borrower has executed this Mortgage. Signcd. sealed and delivered ~ ~ in thc Dresence of: s~~~~` 1 . ~ v l~y~~...........................(Seal) Haxold Evans . . . . . . .LL . . . ~ . `~~~!1'~.IJ.'G' : . _ . . . . . . . . ' " "~"Gr" c''v. ~ . . ~ic~~t : Q.'. . . . . . (Seal ~ ) . . Arlene E . Evans ~Of~O1NH Sr~rs oF F~oRio~, . . _ . . , St. Lucie . . , . . .County ss: 1 hereby certify that on this day, be:fore m~, an o~cer duly authorized in the state aforesaid and in the county- ~ aforesaid to take acknowledgrments, p~ rsonally appeared. Harold Eva.ns and Arlene E. Evans his wife ~ • . • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that. th~y.. ...eaecuted the same for the purpose therein expressed. WiTtvess my hand and official scal in the count~~ and statr aforesaid this......... 28t~?. .....day of ~ _ _ December . . . . . . . . . . . . . . . . . 19.77. . Notary Public, State of Florida at Large ~ My Commission expires: MY ~~~s ~uly 12, 1980 ~ ' ~ yt~{l~! . ~ ~ - ~i; ~ i . . . . . . . . . . . . . . . . . . . . . . Notary Publ~ . . . . . . ~ - : . . ~ , ~ , • ~ , J - ~c, ~ • 1 . ~ (Spsce Be1ow This Line Reserved For lenGer and Recorder) ~ ' ~ ~ FILEO AND kECORUED ~ ST.IUCiE COUMTY F~a ` RfioE~ F~iTRAS 1~ , rr. - :Li~IT CCLR~ ~l~ ~ ' _ ;1 •'~,l ~ ~ ~r.~ 9 I~ oo ~N'?P , . ~ 3~9992 ds ~ ~o~K 2~ ~acE ~ ~ ' . - _ . _ . - - a~ _ . - - _ ; . : _