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prior to eotry of a jud~ment e~forcin~ thia Moh~a~e if: (a) Bor~ower psy: Lender all sums which would be then due unde~
this Mortsa~e. the Note and notes securin~ Futuro Advaaces, if aoy. had no accek~ation occurred: lb) Borrowe~ curos
al! breacl~as of any other covenaats or a~reerr~entt of Bo~ower co~uined in this Matt~aje; (c) Borrower pays all reasonable
~ eatorcins l.ender'~ nmodies ai provided in panpraPh 18 heneof, iocluding. but not limited to. rca~nable atwmey's feet: and
(d) Borrower taka such ution u Lender may reasonaDlY rcquire to auure that the lien ot thu Mortp~e. Lender's iaterest
in the Property and 8orrowei s obligatio~ to pay the sums securcd by this Morl~age ihall continue unimpaired. Upon such
payment a~d cun by Borrower, t!w Mort~a~e and the obii`ations securcd t~eceby shall remaia in full force and effxt as if
no accekhtion dad occurnd. ~ ~ . ~
20. Asipe~est o[ Reab; Appolatme~t ot Receirer. As additanal security hercunde~. Borrower hereby ass~gns to
Lende~ tbe eents of the Property. provided that Borrowe~ shall, prior to accek~ation under pua~~aph 18 haroof or abandoa-
ment of the Property. have the ri~ht to collect and rctain such nnts u they become due and payibk.
Upon acoelention under puagraph 18 hereof or abandonment of the Property. I.eader shall be entidod to have a
rcceiver appointed by a court to enter upon. take possession of and manage the Property aad to colket the renta of tbe
Property. includinj those put due. All rents collocted by the reoeiver shall be applied Brst to payme~t of the costs of
managemeat of the Propecty and collection of re~ts, including, but not limited to. receiver's fas. premiums on roceiver's
bonds and rcasonabk attorney's fees. a~d then to the sums secured by this Mortgage. 7Le receiver ahall be liable to account
~ only for thos~ nnts actualty ra:eived.
21. Future Ad~a~cn. Upon request by Borrower, Lender. at Lender's optio~ within twenty yeus from the date of this
Mortgage, may make Futuro Advances to Borrower. Such Future Advanca. with interest theroon. shall be secund by this
Mongage when evidencxd by promissory notes stating that said notes arc secured hereby. At no time shall ttx principal
amount of the indebtodness secured by this Mortgage, not inciuding sums advanoed in aocordance herewith to protcet the
security of this Mortga~e, exceed the original amount of the Note p14Y~Sl•~C. hexehy. .s~cwre~l ,
Z2. Bdeaee. Upon payment of all swns secured by thi: Mortgage. Lcnder shall nlease thia Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any. '
23. Atto~cy's Fees. As used in this Mortgage and in the Note. "attorney's fea" shall include attorney's fees. if any.
which may be awuded by an appellate court.
IN WITNESS WHEREOF, Bonower haz executed this Mortgage. _
~ Signed, sealed and delivered ~
in the pres~nce of -
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. ~~.,,r~:~ . . . . . . . . . . . . . . . . . . . . . . . ll;H;t~G4.. . . . . Guu:.~. . . . . . . . . . . .(Seal)
'James C. P ell -
. . . . . , . . . 1-~ • • (Ses1)
C~
ever y iane ~urne 1 ~ -aa.~«
St . Lucie .~~,~,i
_ S?ATE OF FL A,... . Y ~
I hei~eby certity that on this day, before me, an o8'icer dut authorized in the state aforesaid and in the county y
aforesaid to take acknowlcdge ments, personally appeared. .J~S ,C,., ,~,UR~I~T1j...$11~ .$~iYFR~.Y. ~?I~`IE
,,PURN~I~~,,, his ,wi~e,,, to me known to be the person(s) described in and who executed the ~
foregoing instrument aad acknowledged before me that. they. ,,,,.,.eaecuted the same for the purpose therein ~
i expt~essed. - .
i
Wt~xESS my hand and official seal in the county and state aforesaid this. ....~lst. .~y af
. .June i9. 7.$~... - .
~i„~ 12 / 20 / 80 . _
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My ~~~~d'~~ ~ ~.~%Gt~ . . . . . . . . . .
~ . . _ .
` , . . ~ ; i~
~ ~ " : State of ida at Large ~ -
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(Spatt BNo~r This LiM R~s~rwd Fo~ lendlr snd RKOrdad
f L!0 AlID AECpkUE~
i~. LUCIE COUNTY Fl~.
~~~~F. GOIiR~S
_t• i~UIT C:'~;.~~
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Ju~ 22 l0 yzAA .
4~'7'?t~8 -
90UK 289 749
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