HomeMy WebLinkAbout0320 p~ior to entry of a jud~mcnt eo[orcing this Mort~~e i(: (a) Sorrower pays Lenckr al! surtu which would be then due un~r
this Mor~gage. the Note and nota securing Futuro Advarices, if ~ny. had oo acceltration occurrod; (b) Bortowe~ cures
all breaches ot any other oovenants or agreements ot Bonowe~ contained in this Nortgaga; (c) 8orrower pays all reasonable
expenses incurred by I.ender in enforcing the rnveoa~ts and aareements of Borr~ower contained in Mis Mortga=e and in
enforcing Lende~'s remedies as providcd in paragraph 18 Aercot. incfuding. but not limitod to. reasonable attorney's foa: and
(d) ~orrower taka such sction aa Lender may rcasonably rcquir~ to sssurc that the lien of this Mongase. Lender's intercst
in the P~openy and Borrower i obligation to pay the sums securcd by this MoAaage shall oontinue unimpaired. Upon such
payment and curc by Borrower. Ihis Mortgagt aod the obligations seeurcd hereby shalt remain in full force and effcet as it
no acceleration had occurred. ~
20. i?ssite~aeot ~ Rentr, AppolatmeAt ot Reccive~. As additional security hereunder. Borrower hereby assians to
l.ender the t~ents of the Propeny, provided that Borrower shall, prior ~o accekratioo under paragraph 18 hercof or abandon-
ment of the Propeny. have the right to collect and rctain such re~ts as t6ey baome due and payabk.
Upun acccteration undc~ paragraph ~8 heroot o~ abando~meat of the Property. Lende~ shall be e~titled to have a
receiver appointed.by a court to enter upon. take posseasion of and manage the Property and to collect the re~ts of the
Properly, including tAose past due. All rents collxta! by the receiver shall be appliod fint to payment of the coats of
management of the Property and collection of rents, including, but not timited to, roceiver's fea~ prcmiums on roceiver i
twnds and reasonabk attomey's toa. and then to the sums secumi by this Mortgage. The receiver shall be liable to account
only for those rents actually ~eoeived.
21• F~re Adva~,~es. Upon rcquest by Bo~rower, Lender, at Lender's optian within twenty years f~+om the date o[ this
Mortgage, may make Futurc Advanccs to BoROwer. Such Future Advances. with intercst thereon. shall be socurcd by this
Mortgage when qvideticed by promissory nota stating that said nota are securcd hereby. At no time shall. the principal . •
amount of the indtbted~ess secuted by this Mortgage. ~wt including sums advanoed in aooordanoe herewith to protect tht .
xcurity of this Mortgage. excoed the original amount of the Note plus USS--~--~~~--. -.------~-.-r----
32. Reiease. Upqn paymeat of all sums securcd by this Mortgage, l.ender shal! nlesse this Mortgage without chuge
to Borrower. Borrower shall pay all costs of recordatan, if any. '
23. Altoroey's Fees. As used in this Mortgage and in the NMe, "attorney's fees" shall include attorney's feas, if any.
which may be awuck~i by an appellate court.
IN WITNESS WHEREOF. Borrower has eaecuted this Mortgage. ~
Signcd, scalcd and dclivcred
in the p~esence of:
. . ~~~G.-u.e. . . . . . . . . . . . . . . . . . . . . . .(s~~
elda' Clarke~
~
. ~ ~-:4- . ~n-r~. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Scal)
~ - --eo.rawa
STATE OF FLORIDA, • • - - St. Lucie . . . . . . . . . . . . . . . . . . . . . .COUtlty SS: . ~
I herrby certify that on this day, bcfore mc, an officer duly authorized in the state aforesaid and in the county
aforesaic! to take acknowledgements, pcrsonally appearcd. Velda, Y., ,C~a~k~,..a~.unrqa~ried. ~wnan.... .
• . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who eAecuted the
foregoing instre~mcnt and acknowledged before me that. ...Sh~. ......executed the same for the purpose therein
expressed.
WiTxESS m hand and oB5cia1 scal in the county and state aforesaid this. 23rd ,_,,~y of
. . . . . . Octo~ier
. . . . . . . . . . . 19 78 . . ~
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