HomeMy WebLinkAbout0964 . . _ . . _ . ,i
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prior to e~try ot a jud~nent eatorcin~ thu Morlp~e i(: (R) Borrower payt Lender all surm which wauld be then due under
thi~ Mon~a~e. tbe Note and nwes securinj Future Advanca. it any. had no soceleration occurred; (b) Borrower cura
al! breache~ ot any other ooveoanu or asraments of Horwwer coetained ia thu Monp~e; (c) Bornowe~ p~ys all reasonable
e~cpen~ iocurred by Loader In enforcin~ tbe covw~anu and aFeemcab of Borrower contained in tlai Mortp~a and ia
eaforcin~ Leadery remedia as provided in pzn~raph 18 heroof. includin~ but uot limited to. reawaabla attorney's tee~: ~nd
(d) Borrowe~ taka wch ution u Lender may reawnaWy roquiro to usure that the lim of tha Mottpje~ Lender'~ int~at i.
in t!~ Prapcrty aad ~rca~e:'s abligatian ta g~y ttrc sums ~uroc! by th~ Mcrtga~e ~hali cantinue uitim~irrd. Up~os: s~ch F
payment and curo by Borwwer, this Mort=s~e and the obiiptio~u socured hereby ~hall romain in full toroe aad ef[ect ss it ~
no accek~ation bad occurred. ~
2~. Aad~aa~M af ReNq A'pWweN ot Rsr~vsr. As additionai security hereunder. Borrower hereby :ssi~ns to
i.eader the renb of the Property. proyided that Borrowe~ shali, prior to scakration under pua~n~ph 18 hereof or sbandon-
ment of the Property, hava the risht to collect and retain :uch rents as they baome due and payabb. ;
Upon ao~xleratioo under Qaagraph 18 heroot or abandonment ot the Property. Lende~ shaq be eatitled to l~ave a ~
receiver appointed by a court to e~ter upon. take posseuion of and mana~e the Property and to colket the nab of tbe
Property. includin~ thase past due. All cena collceted by the reaeiver ahall be applied Brst to paymeat of tbe costs of . #
maea~ement ot~the PropeRy and collection of renta. including. but not limited to. roceiver's fea. prcmiu~ru on receiver's
bonds and reasonabb attorney's fea. and then to the surt~ secured by thi: Mort~age. 'Itee reaiver shall be liable to acoount
only for those rents actwlty received.
21. Fwwe Ad•asca. Upoa request by Borrower, L.ender, at Lender's option within twenty yean from the date of tha '
Mortpte. may make Future Advances to Borrower. Such Future Advanca. with interat theroon, shalt be ~ecured by thit
Monp~e when evideac~d by promissory nota statio~ that said notes arc secured hereby. At ao time aball tbe priacipal
amount of tbe indebtodneas secured by th~ Mort~a~e. not includin= swra advancxd in aocordanoe herewitb to protect the ~
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security ot this Mortgagcs, exceed the origenal amount of the Note plus USf."""'. .
22. Relea~e. Upw~ paymeat ot all sums securod by this Mort~a~e. l.ender ahall nlesse thu Mort~a~e witbout char~e .
to Borrowu. Borrower sball p~y all coats of recordation, if any. ~ ~
23. AKorsey's Fees. As used in thi: Mortgage and in the Note, "attorney's fea" shall include attorney's fees. if aay.
vrh~ch may.be awarded by an appellate court. ~
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IN WITNESS WHBREOF, Borrower has executed this Mortgage. ~ ~
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Signed. sealed and delivered ~
in the presetxx of :
.~!~1~............ ......(Seal)
~ . PENELIA . -aonaiw.
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s R. PENELiA -~so.rowa.
STATE OF FLORiDA~ . . . . . . . . . . . . . St. .I.ucie . . . . . . . . . . . . . . . .COUIfty 53:
1
I hereby certify that on this day; bcfore me, an officer duly authoriud in the state aforesaid and in- the county s
aforesaid to tare acknowledgemcnts. personally appeared. ~O~.A.. ~~IF.LLO. 8ud AQ$IS.A.. PF~I$I.LO,. .
.......a~B. i~~e: to me known to be the person(s) described in and who eaecuted tbe -
I foregoing instrument and acknowtedged before me that. ...tbey. ...executed the same for the purpoae thenin
expressed. : -
Ii , . ~~u~lN.•~~. • ~
.,lyVt~~K~° and official seal in the county and state aforesaid this. . . . . . . . . . 20th . . . . . . . . .~y of ~
~ , 19 ~8
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