HomeMy WebLinkAbout0408 3
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prior to ~n1ry o[ a jud~ment eaforcin~ this Mo~age~if: (a) Borrower pa~ Lende~ ali sums which wouid be then due u~der
this Mongage. the Note and ~otes securinj Future Advaoca, if any, had no aooekntioa occurred; (b) Botro~rer cura ~
all brcacha of any od~er coveaaau o~ agreemeots of Bormwe~ containcd in this Monp~e; (e) Borrower pays all reasonable '
expenses incurrod by Lende~ in enforcing the oovenagts and ajraments of Borm~rer ~oe~tained in this Mortgaae and ia f
enforcing Lender's romedia u provided in pangraph 18 hereof~ includin~. but not limited to, reasonabk attorney~s fea; and
(d) Borrower taka such action u l.e~der may reasonably require to assure that the liea ot this Mortpse, Leader's iaterost t
in the Properiy a~d Borrower's obligation to pay the sums secured by this Mongage shall oontinue unimpairod. Upon such
payment and curc by Bonower. this Monga~ and the obligations secured hereby shal) remain in full foroe aad ef[ect as if
no scceleration had occurred.
20. Assitw~seN ot Reatr.. AppoiNmeat of Receiver. As additional security hereunder. Horrower hereby acsigns to
l.efde~ tt~e rents of the Propeny. provided that Bornowe~ shall. prio~ to accekration unde~ pua~raph 18 hereof or abandoa- s
ment of the Property. have th~ right to collxt and rctain :uch rcnts ~ t6ey become due and payabk. r
Upon accelention under paragnph 18 heroof or abaodoamcnt of the Property. I.en~r shall be entitled to have a
rcceive~ appointed by a court to eoter upon. take possession of aod manage the Property atid to colket the rcnts oE t1~e ,
Propeny. includiag those Put due. All re~?ts collected by the receiver sball be applied fitst to payme~t of the costs of
management of the Property and collection of rents. including. but not limited to~ rceeiver's fees. premiums on receiver's
bonds and reasoaabk attorney's fas. and then to the sums socurod by this Mortgage. 7Le receiver shall be liable to acxaint
onty for those reats actually reoeived.
21. F~e Aivasea. Upon request by Borrower, Le~der, at Lender's option within twenty years from the date of this
Mortgage. may make Future Advanoes to Borrower. Such Future Advances, with interest thereon. shall be securod by this -
Mort$age when evidenced by promissory notes atating that said notes arc securod hereby. At no time shall tl~e principal
- amount of the indebtodness securod by this Mortgage. not including sums advanced in aocordance herewith to protect the
security of this Mortgage. eacceed the original amount of ihe Note plus USS• t
2I. Rda~a Upca~ payment of all sums socured by this Mortgage. Lender shall relesse t6is Mortgage without chuge
to Borrower. Borrower shaQ pay all costs of recordation, i[ any.
23. Attoree~r's Fees. As used io this Mortgage and in the Note, "attorney's fees" shall include attorney's foes, if any.
which may be awuded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered . €
in the presence of: ~
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Albert T. Kirby -e«to... ~
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S via M. Kirby ~ -~o.row.. ~
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St. Lucie
STATE OF FLORIDA, . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .COUAt)? SS: -
I hereby certify tt~at on this day, before me, an offieer duly authoriied in the state aforesaid and in fhe county ;
aforesaid to take acknowluig~:ments, personally appeared. ~bert, T._ KirbY. aRd .$Y~Y.~~ kI. .K7-I'bY,
. his_ wife . . . . . . . . . . , , , , , , , ~ to me known to be the petson(s) described in and who exocutcd the
foregoing instrument and actnowledged before me that. t~~Y. ....executed the same for t6e purpose therein
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' WiTNESS my hand and official seal in the county and state aforesaid this. . . . . . . . . ~ttl . . . . . . . . : . .day of
~ . . . . . . . . . September . . . . . . . . . . . 19. .7.8. .
~ My ~ommis6iQn expires: . . .
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