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HomeMy WebLinkAbout0648 ~ : ~~v~ L ' prior ta entry of a judgmant eaforcing this Mongage if: (a1 Borrower pays l.ende~ ali sums which'wouki t~e then due~ under this Mortgage~ the Note and notes securing Future Advances, if any, had no acceleration occu~red; (b) Barrower cures alt bresches of any other cove~aets or agreements of Borrower,contained io this Mortgage: (c) 8orro~er pays~all reasonable expenses i~curred by Ltnder in ereforcing the covenanls and agreements of Borrower contained in tAis Mortg~ge ~ind 'vn e~forcing Lendcr's remedits as provided in paragraph 13 hereof. including, but not limited to, reasonablc attorney's fee3: a~ld (d) Borrower takcs such a¢tiort as Lender may rcasonably rcyuire to assure that the lien of this Mongage,. Lender's interest in the Property a~d Bormw~r's oDtigation to pay the sums securcd by this Mortgage shal! continae animpairecl. Upoo such payment and cun bp Borrower~ this Mortgage and the obligations secured htreby shall remai~ in full force and effect as if no acceleration had occurr~d. 2Q• Assi~Amest ot Rent~ Appoiatmeot of Recelver. As additional security hereunder, Borrowzr hereby assigns to Lender the tents o[ the Properiy. provided that Borrower shatt, prior to acceleration under parag~aph 18 hereof or abandon- ment of the Property, have the right to collect and retain such rents as they become due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property, L.ender shaq be entitled to have a receiver appointed by a cou~rt to enter upon, take posseuion of and manage the Propeny and to coltec4 tt~_rent~, of Propeny. includin~ thos~ past dua. Alt rcnts collected by the receiver shal! be applied first to payment of the costs ~f management of the Propeny and collection of rents, including, but not limited to, recei~er's fea, premiums on receiver's t+onds a~d reasonable attorney's [ees, and ihe~ to the sums secured by this Mortgage. 'I~e receiver shall be liable to account only for those rtnts actwlly «ceived. 21. Future Adra~ Upon request by Borrower. Lertder, at Lender's option within twenty years from the date of this Mortgage, may make Futute Advances to Borrower. Such Future Advances, with intercst thtreon, 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 i~ accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus, USS. . 2., Z,Q~...~Q 22. Rekase. Upon payment of all sums secured by this Mortgage, Lender shall r~elease this Mortgage without charge to Borrower. Borrower shall pay all costs of rccordation, if any. 23. Attoroe~s Fees. As used in this Mortgage and in tho Note, "attorney's fees" shall includa attorney's fces, if any, which may be awuded by an appellate court. IN WITNESS WHEREOF, Barrower has executeJ this ~iortgage. - Signed, sealed and delivered in the presen~e of: G~ • ~ , ~ l~1~~~ ~ . . . . . . . L~~ . ' . . . . . . . . . . . . Seal ~ Lew s J . ~ G ~or e ~Jr . -aa.~.? , . ' ~1... .......................(Seal) ' - -eo..ow~. STA'fE OF FLORIDA,... . . . ST,. LUCIE . . . .County ss: I hercby cenify that on this day, before mc, an oti'icer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, pcrsonally appeared . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .....Le~is...1...George.,..Jr. to me known to be the person(s) described in and who ex~cuted the foregoing instrument and acknowledged before me that . .....executed the same for the purpose therein eapressed. WtThsss my hand and o~cial seal in the county and state aforesaid this. ......~6th ,..,,,day of . .........June., 1978.... _ ~ My CQml~ission exp~res : . . . . . . . O t`.> ~./~~~c...- . .,x! : . ~ . . . . . . . . . . . - ~ NoRary Pub1iC . • . . . ,.ii~ - . ~°y NOt2fy {'uG~tC, _ _ ~ ~ ~ ~Qmp~il0(i E7~1lYi ~ifl. ~7~ ~9~. ~ :.s , _ ` -V - ' ;1 ~ *s?- _ ~r •`,.T ~D , t aN Bl1ow TAis liM Res~rvW Fw lendlr ~nd RlcOrtle?) . f~tEO aNO Rfcu~ofo ST. LUCIE COUMTY Ftt , ?OCfR ?0'T?AS _ C~ - '.:,.:sT rnUR J - ; J~~~ 1$ 12 ~ 3 PN'?R r i ~ ' ~ f'R r~~^w~NTY ~'~yA~1w/~? ~ ~ aaac~ P~c~ 647 ~ - : T--- - _ _ ~ ~ ~ ~ ~ 4 . ~~J.i-" ~ R ~ a~ ~ - 3 .,he~~~ ,.+~.,sr~ ~ ~Ww" . "'~y~ ~ FGC';`;`fs ~F . ~5 . 7.d' _-.-_4~ ~ -