HomeMy WebLinkAbout0493 s
prior to eo~ry ot a judgment entorcing this Mortgage i(: la) Bor~ower pays l.e~der all sums which would be then due under
~his Mortgage, the Note artd notes securing Future Advances,'if anyt, had no accelentio~ occurred; fb) Borrower cures
all breacha af any other covenants or agreements o( Borrowe~ conlained io this Mott~age: (c) 8omower pay~ ali rcasonable
expenses incurred by l.ender in enforcing Ihe covena~ts and agroements of Borrower contained in thia Monpge and in
entorcing 1_ender's rcmed'ees u provided in paragraph 18 herrnt, including, but not limitod to, rcuonabk attorney's fees: and
fd) Bor~ower taka such action as l.ender may reasonably rcyuirc to assurc that the lien ot this Mongaae. l.ender's i~terat
in the P~openy and Borrower's obligatiun to pay the sums xcurcd by this Morigage shall continue unimpairod. Upon such .
~yment and curc by Borrower. this Mortgage and the obligations securtd hereby shall remain in tull force and effect u it
no accelerat~an had occu~red.
20. Assi~ament o~ Reet~ AppoiMme~1 01 Receiver. As additional secu~ity hercunder, Borrower hercby usigns to
LcRtier the rcnts ot the Propeny, provided that Born~wer shall, prior to xceleration under paragraph 18 heroof or abandon-
ment of the Property, have the right to collec~ and rct~in such rcnts as t6ey become due and payabk.
Upon acceleration under paragraph IR hereot or abando~meot ot tht Property. Lender shall be e~titled to have a
receiYer appoi~ted by a ~ourt to c~ter upon, take possessiun ot and manage the Property a~d to coilect the rents of the
Property, includina those pasl due. All rents collected hy Ihe receiver shall be applied fint to paymeot of the a~sts ot
management of the Property and colle~:tion of reots, including, twt not timited to, receiver's fees, prcmiums on receiver's ~
honds a~xi reasonabk attorney a tees, and the~ to the sums secured by this Mongage. The ra-eiver shall be liable to account
only for tM~se rents actualty receivod. ~
21• FutYre Advaeca. Upon rcquest by Borrower, l.ender, at l.enJer's optian within twenty years trom the date ot this
Mor~gage, may make Fuwre Advances to Bonower. Such Fuwre Advances, with interest therwn. shall be securcd by this
Mongage when evidenced by promissory nota stating that said notes are secured hereby. At no time shall the principal
anwunt ot the indebtedness socured by this Morigage, not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed ihe original amount of the Note plus USS. •
22. Rekase. Upctn payment of all sums securecf by this Mortgage, Lender shall r+cleise this Mo~tgage without chuge
to Borrower. Borrower shaU pay all coats of recordation, it any.
:3. AHoroey's Fees. As used in this Mortgage and m the Note. "attorney's fcei' shall include attorney's foa; if any,
which may 6c awarciai by ao appellate court. _ . -
IN WITNESS WHEREOF, Borrowcr hac exccutcJ this Mortgagc.
Sig~cd, sralcd and delivcred
in thc prescncc of:
. .
.
. . . P.-~rC ~1-: . ~-h-:4 ~-~.~M. . . . . . . . . . . . . . . . . . . . . . SC2~
~ )
~ Terry L. ~ ' ng ~ -eoROw.~
~ -
. ~ . . . . . Cx-~ . (/J j~- . . . . . . . . . . . . ~G!.~~5!~'~
:~1. ~ . . C.'~.G.' . . . . . . (seal) :
~7~~ Patricia Ann Ayling
STATEOFFLORIDA .............St., Lucie,.,_..__.,.,.,,,,.Countyss:
1 hereby certify tliat op ttus day, tx[orc mr, an otficer duly authorized in_ the state aforesaid and in the county
aforesaid to takc ackr~owledgcments, pcrsonally appearcd T~~'~'Y. L•. .~y~-ng .~d . Patx~~,eia. Ann Ay~.in~, -
, . ,his, wiie , , , , , , , , , , , , , , , , , , , , , , , to me known to bc the person(s) described in and who executed the
foregoing instrumcnt and ackn~wledgcd beforc me that. _..~r~gY. .....executed the same for the purposc therein "
~
expresscd.
` WiTNess my hand and of~'icial scal in thc county and statc aforesaid this. . . . . . . 2~h . . . . . . . . . . . .day of
~ . . . . . . . . . ~~p~~er . . . . . . . . . . . 19. .7.$ .
My Commission eapires: / ~7~
~ _ . . . . !~/.~'-1~. . ~.m.
. . ~t
~~fZ~~ . . . . . . . . . . . . . . . . . . . . . .
~ ,;,i j9i~al ~+a.a ~a~ '
.l
• V
, NdTARY Rldl1C STA7F OF ROR:sA M 1A110[
~ - IRY - CO~SIA:SS~OH IXPIRES MARGH 1 t962
~ ~ . . ~ . -
~
. , .
(SpK,e BNOw This LiM R~!lrv~d FO~ lendlr a~d RKOrdt~j
t ~#y~'``ec r ru
~ f~l:v~tc fl)sT~IS ^u
. ts•r. ;,i~ysfft C~ T
~ . - : vf x~v1~0
~
~
~ Oct 11 1 3z PM'18 ~
~
~
4•z~5~3
~ ~
~ gOCK ~9U PAGE ~92
~
I
~ v.s.~vp ta
a..~.~ ~ ~~ac~ :_.+wr. ~ r. . . ~ ~ " ~__sr ~ ~ _ ' ' _ _ _~~.+.m .,_u