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HomeMy WebLinkAbout0772 prior to entry ot s judgment enforcing this Mort~a~e if: (a) Borrawer pays Lertder all sumt which would be then due under thia Mongage, the Note and nota sxurins Future Advances. if aay~ had ao aoakntion occurred; Ib) Borrower cura all bnaches of any other coveaants or aareemen~ of Borrowe~ contaioed ia this Mortpge; (c) Borrower pays ail reasonable expensa iacurrod by l,ender ia eatorci~a the covensqts and asroements of Borrower contained- in this Mort$aae and ia ~ eaforcing Le~der's remedia as provided in pzragnph I S hercof. including. but oot limited to. reasonabk attorney's [ea: and (d) Borrower takes wch action ae Lender may reawoably rcquire to asaure tl~at the lien of this Mortaage. l.enck~'s interest in the Pwperty and Bor[owu's obligation to Qzy the sums secured by this Mortgaae thall oontinue uaimp~irod. Upo~ such payment and cure by Bocr~ower~ this Mortgage and the obligations secured hereby shall r~emain in fuil fora and effect as if no accekntion had occurred. M A~dpwe~t ot Re~r Appol~taeM of Receiver. As additionil security hereunder. Botrower hereby usigns to Lender the n~ts of the Property. provided that Bomower shall. prior ta iccekrntio~ unde~ Qaragraph !8 hercof or abandon- ment of the Pnoperty. have the right to rnllat snd retain such ~eqts as tbey become due and payabk. Upon acalention under paragraph 18 hereof or abandanment of the Property, Lender shall be entitled to have a receiver appointed by a court to enter upon. take poasession of and manage the Property and to colkct the nnts of the . Pmperty, including tha~se p~ast due. All rents collectod by the receiver shall be applied first to payment of the costs of • ma~agement of the Pmperty and collection of rents. including. but not limited to. receiver's fees. premiums on receiver's bonds and ressonabk attorney's fees, and thoa to the sums secured by this Mortgage. 'il~e receiver shall be liable to avcount only tor thome rents actualty roaivod. ~ 21. F~~+e Ai~a~c~+s. Upon request by Borrower, l.ender, at ~eoder's option within twenty years [rom the date of th~ Mongage. may make Future Advances to Borrower. _ Such Future Advances. with interest thereo~. shall be socured by this Mortgage when evidetkod by promissory notes stating that said notes an socurod hereby. At no time shall the principal amount of tt~e indebtodness secured by this Mortgage, not includina sums advanoed in aocordanoe henwvith to protect the securiry of this Mortgage, cxooed the original amount of the~ Note plus USS. . . - - - ~ - - - - - - 22. Releara UpQn payment of all wms securod by this Mortgage, i.eader shall reksse this~Mcxtgag~e without chargt . to Bormwe~. Borrower s6a11 pay aU caats of recordatan, if any. 23. Attor~ey's Fees. As used in this Mortgage and in the Note, "attorney's fces" shall include attorney's fees, if any, which~may be awuded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and deGve[ed in the Dresence of: . . . . . . . . . ~ . . . . : . . . . . . • . . . . . . 4 : : . . . . . . . (Seal) arold C. ~ol ter ~ ~ . • . ~ El i beth W. Mol ter- STATE OF FLQRIDA, . . . . . . . . . . S.t . . .L u ~ e . . . . . . . . . . . . . . . . . .County ss: I hereby certi(y that on this day, before me, an officer duly authorized in the state aforesaid and in the county ~ aforesaid to take acknowledgements, personally appeared. . Ha rn l d. .C .No.l.t e.~ . and . E 1 J.za b.e t h... ..W. ..!lo.l.ter., . ht s. .w i f.e to me known to be the person(s) described in and who executed the I foregoing instrument and acknowledged before me t6at .....t b e.~t eaecuted the same for t6e purpose therein ~ expressed. - i ~ W~TrtESS my hand and oflicial seal in the county and state aforecaid this... . Sth ....day of j . . . . Ka y . . . . . . . . . . . . . . . . . . . . . . ..19. .7.8. - I - • My Commission exptres: . . . . . . . . . . . . . J(~'~".'. . . . . . . . . . . . . . t~a.. ,r,,,,,~;~?~.~ . . . ~ ,N;~. ~,y . norarr ~,e~w :~.....2 `J Apr~ay ot~auc ~r~~ a~ aa~o~ ~ tl~ - t ~ ~ = !~nr oowrssax ~s ocroaFS ut ~ _ W o _ - _ . ~ . ~ , . a;~" , c~ _ ~ , , •~.`r\ . . ~ (Sp~ce Below This LiM R~rwd For Lend~r and R~oorOeq ~y • LE~ Al10 RECOROEf? 'ti S~.LUCIE COUNTII fi~ ~ . RO~EP. ?OITRAS ~ `aK ^IiGUI~ C~L' ~ ~ . R MaY I6 9 4z AH'~~ ~ ~ ~ ~ ~ 4U39'7'~ ~ ~ - Op eooK z87 Pac~ 7~ ~ . ~ : ~ . ~ ~ _ :