HomeMy WebLinkAbout0438 pnor to entry o( a ~udgmeo~ e~(orcint thia Mon~age if: (a) Bo~rowe~ pays I.ends~ all sums which would be then due unde~
this Mortgage, the Note and rwtes xcuring Future Advanccs, if any, had no. ~ocekra~io~ cecur~ed; Ib) Bortower curcs
~II breachcs ot any other covenants or aareements o( Borrower contained in this~INoft~age; (c) Borrower p~ys all reasonable
expenses incu~red by l.er~der in entorcing the covenagts and a~~eeme~b of Borrower contained in thit Mort~aae and in
entorring I.ender's remcdies u provided in pangraph IR hereot, includina, but not limited to, reason~bk attotr:ey's ftes: and
(d) Borrower laka such action as I.ender may rcasonably require to auure that the lien ot this Mon~age, l.ender's interest
in ~he Propeny and Borrower's obligation to pay Ihe sums securcd by this Mortgage shall continue unimpaircd. Upon such
payment and curc hy Borrower, this Mortgage and the obligations secured hercby shall nmain in tull torce and e![ec1 ss it
no acceleralie?n had accurred.
20. Assitamsnt o/ Rcet~ AppoiNiaeat o~ Receirer. Ax additio~al securily hereunJer, Borrower herehy assigns ta
I.ender the rents ot the Property; provided thal Borrc~wer shall, prior to accekration under paraaraph 18 herc.ot or abandon-
mcnt of the Propeny, have the right ta collect and retain :uch rcnts as tbey become due and payabk.
Upon acceleration u~der paragraph 18 herevt or abandunment of the PropeNy, l.ender shall be entitkd to have a
receiver appointed by a court to enter upon. take possession o( and manage the Property and lo collect the rents ot the
Property, including those past due. All rents collecteJ hy the receiver shall be appliod 6rs! to payment ot the ccnts ot
management ot the Property and colleclion ot ronta, including, Aut not limited to, receiver i fees. premiums on receiver's
txmds and ~easonable attorney's fecs, anJ then to the sums stcured by this Mortgage. 77~e rcceiver shall tx liable to account
only tot those rents actually received.
2~• Frture Adva~ce~. Upon reyuest by fiorruwcr, l.ender, at I.ender s option within twenty years fram the date oi this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interat thereon. shall be socured hy this
Mortgage when evidencod by promissory notes stating that s•rid notes are secured hereby. At no time shall the pr~ncipal
+mount ot the indebtodness secural by this Mortgage, not inctuding sums advanced in accordance hercwith to protect the
security of this Mortgage. excecd the original amount ot the Note plus USS.-------------------------------
22. Release. Upqn payme~t oi all sums secured by this Martgage, I.ender shalt rclcue this Mortgage without chuge
to Borrower. Borrower shall pay all casts o( recordatN~n, if any. ~
23. Adorweys Fess. As used in th~s Mor[gagc and m the Nute. "attorney i(ces" shall include attorney's foes, if any. .
which may be awuded by an appellate court.
IN WITNESS WHEREOF. Borrowcr has cxecutee~ this Murtgagc.
Signcd. scalcd and delivcred
in thc vrc • f:
. . . _ . ~ . ~ ~ . ~
. . . . . . . . dt `
`~/v'~ : . . . . . . . . . . . . . . . . . . . . . . . . . / . . . .
. . . 1Seal)
Mary E. San
Sr~Tr: oF ef~6(tble(
. . . . . . . . . . . . . N~~ .York. . . . . . . . . . . . . . . . . . AZ` ~4s: (/Zt.lhlz4-e-
1 hereby certify that on this day, bcfore mr, an ~fficer duly authorized in the state aforesaid and in the county
aforesaiJ to takc ecknowledgcmcnts, pcrsonally appcarcd. JOk?D..~...Sandi. and.Mary: ~...Sandt.,..his.
.~Nife . . . . . . . . to me known to tx; the person(s) described in and who executed the
, foregoing instrumcnt and acknowledgcd betore me that. .they. .....cxecutcd the same tor the purpose tber~ein
~ cxpressed.
~
~ . .
' W~rNESS my hand and oflicial x:al in the rounty and state aforesaid this. Z$th. ....day of
j .Sep2c~nher . . . . . . . . . . . . . . . . . . . . 19.7.8 . . - .
E My Commission cxpires: ~3/~~ ,
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~ ~sv~• eao. rn~s a.s..wo For ~~w.~ srw a.coro.n
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fIlEO AND RECpROED
ST IUCIE COUNtY ~1~.
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