HomeMy WebLinkAbout1764 prior to entry of a judgment enforcing thk Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and note securing Future Advances, if any, had no accekration occurred; (b) Borrower cures
aQ br+sacha of any other covenant: or agreement: of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expense incurred by Lender in enforcing the covenant: and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies u provided in paragraph 18 hereof. including, but not limited to. reasonable attorney's fees; and
(d) Borrower takes such action as !.ender may reasonably require to assure that the lien of this Mortgage, Lender's interest
in the Propsrty and Borrower's obligation to pay the wms secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full toroi: and etfoct u if
no acceleration had occurred.
20. Asslg>utent o[ Resbt A~oietaned of Rsceiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to scceleration under puagraph 18 hereof or abandoo-
meet e[ the Property. have the right to collect and retain such rents a: they become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a
receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the
Property, including those put due. All rents collected by the receiver shall be applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's
bonds and rcuonabk attorney's fees, and then to the sums secured by this Mortgagt. The receYer shall be liable to account
only for those rents actually received.
21. Frtoee Adraeces. Upon request by Borrower, Lender. at Lender's option within twenty years from the date of this
Mortgage. may make 1~lrtute Advances to Borrower. S~rch Future Advances, with interest thereon, shall be secured by this
Mortgage when evideaoed by promissory notes -stating that said notes are secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage. not including sums advanced in accordance herewith to protect the
security of this -Mortgage, exceed the original amount of the Note plus USS .
22. 8elare. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage wiWout charge
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Attor>ve~r's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any,
which maybe awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in nee of:
, I~~~~~..... .t`~~~'!\ . (Seal)
`ts.. j~rrli'G?........ (Seal)
I~faril~a~der Rlok -eor<,.,.,
STATE OF FLORIDA, ..1"IBZCii1 ...............................County ss:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
. aforesaid to take acknowledgements, personally appeared....R81ph Vander. Rlvk .aAd .I~az~.].}tn .Ystider. Rlok
~I • • • • • • to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that ..............executed the same for the purpose therein
expressed.
I
WITNESS my hand and official seal in the county and state aforesaid this........ 4L1~ ............day of
~~cb~ 19...?9.. i
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(SpeCe aelow This Line Reserved Fw lender end Recorder)
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~~a7tP~~ C. Norris Tgon, p A,
s'~ `r.,,~ ~ ~ I~ : 2? Attorney at Law
P' O• Box 526
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r Jensen Beach, Honda 33457
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