HomeMy WebLinkAbout0238 prior toeotry of a judart~ent cnforcing this Mongage if: (a) Borrower pays Lende~ all sums which would be then due uader
tl~is ~!lortpOe, t6e Note and ootea securing Futurt Advances. if any, had no acceleration cecurred; (b) Borrower eures
sfl brea~c~a ot any otl~er covensnts or agraments of Borrower contained in this Mongage; (c) Borrower pays al) reasonable
expema iacurred by I,eude~ in enfo~cing the coveoaqts and ag~eements of Bomower co~tained in this Mortgage and in
eatorao~ L~eod~e~'s remodia ss pmvidod in paragraph 18 hereof, including. but not limited to. reasonable attorney's [oes: and
td) Borro~w~er tates such ntion as Lende~ may rcaso~ably require to assure that the lien of this Mortgage, Lender's ~nterat
in tbe PropertY aad Bormw~er's obligation to pay the sums securcd by this Mortgage shall rnntinue unimpaired. Upon such
p~Ymapt and cure by Borrower. this MoKgage and the obligations securod hertby shall remain in full force and effcet u if
so a~aderatioa had occuned.
Z~ A~ip~e¦t ot Rewefi Appd~tmcet ot Recciver. As additional security hereunder. Borrower hercby assigns to
I~eoder tbe rents of the Piroperty. providcd that Borrower shall, prior to acceleration under paragraph 18 hercof or abandoa-
mcat d tbe Property. Aave the right to collect and retain such rents as t6ey bocome due and payabk.
Upoo aoodentio~ under_ paragraph 18 hereot or abandanment of the Property. Lende~ sha11 be entitlod to have a
receiv~e~ appointad by a~urt to enter upon. take possession of and manage the Property and to collect the rents of the
Pr~opertp, iocludius thoae put due. All rcnts collccted by the rcceiver shall be applied first to payment of the costs ot
raanasen~t of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's
boo~is aad ~rasoaabk attorney's foa, and then to the sums secured by this Mortgage. The receiver shall be liable to account
aohr for t6ose rrnts actually received.
21. F~twe Aiva~ees. Upon request by Borrower, l.ender, at Lender's option within twenty years from the date of this
1?t~, may make Future Advances to Borrower. Such Future Advanca, with interest thereon, shall be secured by this
~+{ort~a,~c ~rben evideocod by promissory notes stating that said notes are secured hereby. At no time shall the principal
aa~ouot of the indebtodness secured by this Mongage. not including sums advanced in accordance herewith to protect the
securit~r of this Mortaage. exceed the original amount o( the Note plus USS.
2t tdease. Upqn paymeat of all sums sccured by this Morlgage, i.ender shall release this Mortgage without chuge
in ~a.er. ~omavrer sha11 pav all costs of ~ecordatan. if anv.
23~ AIfK~ey~ Fees. As uscd in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees, if any,
.rhirh may ~e awanied by an appellate court.
I:~ WITTIESS WHEREOF, Borrowcr has cxecutcd this Mortgagc.
$I~tcd, S~'d~Cd SDd ~IYCf'~
Ifl l~ D~SC[1CC Of: '
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- - - . . ~.1~.~!~~~' ~iG~! . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~SC~~~
Richard E. Beale, Jr. -e«~e?
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1. .zt~7k'~. . . : . . . . . . ~ya~~c!~x~ . : . . .~.G?
. . . . . . cs~, .
p Catherine M. Beale -8~~
STATE OF FLORIDA, . . . . .St. Lucie . . . . . . . . . . . . . . . . . . . . . . . . .County ss:
1 hereby certify that on this day, before me, an officer dul authorized in the state aforesaid and in the county
aforesaid to take acknowfedgements, personally appeared...~iehard,E.. Bea1e~,Jr., and,Catherine,M.,
~ Beale~ _ his wife , to me known to be the pcrson(s) described in and w6o executed the
! fcxesoir~ iustrument and acknowledgcd before me that they, executed the same for the purpose therein
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NfrrxESS my hand and official seal in the ounty and state afaresaid this. . . . 20th . . . . . . . . . . . . . . .day of
_ ~_auua?'Y
. . . . . . . . . . . . . . . . . . . . . . 19. .7~.
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~ MyCommission e:pues: `Notary Publie, Sfate of Horida at Ca . . . . . . . . . ~ . . . . . . . . .
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My Commiuion 6cpires • ~ulq • 12; ' t980 ' ~a~~4~
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(Sp~ce 8elow This line Restrved Fw lerW~~ sn0 R~totOeh
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~ FILED AND RECORDEO ~
~ ~ ST( LUCIE COUhTr f~a.
RQCER POITRAS
C~EPK CiRi,U1T COURT
° ~r~~~!ED
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m~ BOOtc ~G.V~ PJ~GE ~7
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