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HomeMy WebLinkAbout0055 - . Y . ; ~ s . , , ~ priot to entry of a jud~ment entorcin~ this ~to~t~aQe if: (s) Borrower pays Lender all surtu which would be tt~en due undu this Mortga~e. the Note and notea securin~•Futurc Adva~ces. i[ any, had no accekration occurrod: (b) Borrower cura all br~aches of any other coveoants or ~reaments o[ Borrower contained in this Mort~a~e; (c) Borrower pays all reaso~able expeases iacurred by Leuder in eaforcinj the covenanb aad a~raments of Borrower contained in this Mon~a~ and in eaforcin~ Lxnder a remodia ~ provided in para~raph 18 hereot. includin~, but not limit~d to. rcasonable attorney's fea: and (d) Borrower taka surh action as Lender may reasonably requirc to aasure that the lien of this Mort~a~e. Leader's iaterat in the Propetty and Bortower's obligation to Qay the sums xcurcd by this Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, this MortQa~e aad the obli~ations secured hereby st~all rcmaia in full fora aad efiect u if no acceleration had occurted. 20. A~mae~t ot Reat~ A~poiNmeN ot Receiver. As additional security hereuader. Borrower hereby sssigns to Lender the ronts of the Property, provided that Borrower shall, Qrior to uccleration under paraaraph 18 hereof or abandoa- ment of the Property, have the ri~ht to collect and retain such rents u they bocome due and payabk. Upon accelention under paragraph 18 hereof or abandonment of the Property. Leader shap be entitled to have a receiver appointed by a oourt to e~ter upon, take poaxssion of and manage the Property and to colkct the rents of the Property. including thoae past due. All renu rnllxted by the receiver shall be appliod Bnt to payment of the casts of management of the Propetty and coUection of reots. including, but not limited to. teceiver a fas. pnmiums on receiver's bonds and rcssonabk attoraey's fees. and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually raeived. 21. Future Ad~aoce+~. Upon request by Borrower. Lender. at Le~der's option within twenry yean from the date of thia Mortgage, mxy make Future Advances to Borrower. Such Future Advances, with interest thercon, shall be secured by this Mortgags when evidenced by promissory nota statiag that said nota are secu[cd hereby. At no time sball t1x priacipal amouat of the indebtedmss secured by this Mortgage. not including sums advanced in accordance herewith to protcet the security of thia Mortgage. excad the original amount of the Note plus USf , . . . • . . . . • . . . • . . . • . . • • . • • • • • • 22. Rdeaie. ~ Upon paymeat ot all sums secured by this Mortgage. Leader shall releau thia Mortgage wiWout chuge to Borrower. Borrower shall pay all cvats of recordatan. if any. 23. Attoraey's Fees. As used in this Mongagc and in the Note. "attorney's fea" shall include attorney's fees. if aay. which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the p ace of: \ . X~ ' ` . . ~..1. . . . . . . . ?r: . . _ ~Ric ard R. Barriage -so~?ow.• . n ,n ~ , . .C'.~. : .!/.~lZ~x~. . . . . .X . . ~~~c,4.~1/Z. ~C.Gi~ .(Seal) . Doroth Ba~e -a°"°w.` Y 9 - STA?E OF FLORIDA, . . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . COlln[)? SS: I hereby cedify that on this day; before me, an oH'icer duly~au~Q ri_zed in th s afore~aid and in the county id to acknqwledgements, personally appeared. . . .lJ~4~'~?':~F:~:-.4` . . .~'.~c~ . . . . ~ . . . . . . . . . . . . to me know~,to be the person(s) described in and who executed the foregoing~ent and acknowledged before me that .-~UZ.A-. eaecuted the same for the purpc~se therein expressed. ~ . , . . - `r'r ~t~a a~a• off'icial • sea! in t unty and state aforesaid this . . . . . . . . . . . . . . . . . . . day of 19~~ . ~ My ~,~os.oif - a 'j• . . . . . . . . . . . . : . _ ~ . . . . . . . . . . . . . ~~F ` . b a_. . t~7ARV /a'Kt C STATE OF fL4RI0iA AT - ' ~p~~• • i j 3~~a'~ ~nr Cawr?~ss1~.~ E:./IRfS MAR. 27 1981 ;.~5~;' . ~ `C' ,1~ ~p1~0EO t~Alu GEt~~I ~t?S. Y ~/;~v'. • ,'j ,:x:.' • . . ~ (Spite BNow This Line R~s~rved For Lender and R~oordeq : - a~ : ~~~~~~~~~~~?~tA F..~&,~ L~R~UIT C -?E_ . g ~~p ~ g AN'~ ~ c~cc~~o ~ g L~suxa~vc~ co~ir~ _ ~ 101 E. Ocean Blvd., P. 0. Box ~ Stuart, Florida 334~1 ~ F.~: '(305)283-6900 • • 8fl0~~ ~AGE ~ ~ . ~ ~ ~ ~