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HomeMy WebLinkAbout0872 . ~ 1 1 ~ ~ ~ ~ . . si ~ . prior to entry of a jud~ment enforcing this Mortgage it: (a).Borrower pays Lender all sums which would bs then due under thit Mort~a~e~ the Note and nota securing Future Advanca, if any. had no acceleration occurrcd; (b) Borrower cura all brsaehes ot any other oovenants or agreements of Borrower containcd in this Mortgage; (c) Borrower pays all rcasonable expenses incurred by I.eader in e~forcin~ the cove~ants snd agraments of Borrower contained in this Mortgage and in enforcint Lender'a remedia as providcd in paragraph 18 hercot, including. but not limitod to. reasonable attomey'a tees; and (d) Borrower taka sucb action as Lender may reawnably require to assurc ~hat the lien of this Mortgage, Lender's iaterest ~ in the Property and Botrower's obligation to pay the sums securcd by this Mongage shall co~tinue unimpaired. Upon auch payment and cure by BotTOwar. this Mortgage and the obligations secured henby shall remain in full force and effcet as it : no accekntion had occunrd. f 20. A~d~meM a~ Re~ Appointmeat ot Receive*. As additional security hereunder. Botrower hereby assigns to ~ Lende~ the rents of the Property. pmvided that Bomnwer shall, prior to acceleration under paragraph 18 hereof or abandon- s ment of the Propetty. have the right to collect and rctain :uch rents as they become deie and payabk. = Upon avaleration under paragraph 18 6ereof or abandonme~t ot the Propetty. Lender sball be entitlod to have a ~ receiver appoiated by a court to entet upon. take possession of and manage the Property and to rnllect the nnts of the Property. including those put due. All rents collected by the receiver shall be applied fint to payment of the costs of managernent of the PropeRy and collection of renu. including, but .~ot limited to, receiver's fees. premiums on receiver's ' bonds aad reasonabk attorney's fees. and the~ to the sums secured by this Mortgage. The receiver shall be liable to aocount ~ only for those rents actually reoeived. . 21. Fbtrre Advascis. Upon requat by Borrower, Lender, at I.ender's option within twenty years from the date of this Mortgage. may make Futun Advanca to Borrower. Such Future Advances, with interest theroon, shall be secured by this ; Mortgage when evidettoed 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 aceordance herewith to protect the ; sccurity of this Mortgage. excced the original amount of thc Note ptus USS . . . . . . . . . ~ 22. Relase. Upon payment of all sums xcurcd by this Mortgage. Lender shall release this Mortgage v~nthout charge ~ to Borrower. Borrower shall pay all costs of recordation. if any. ! 23. Atton~er's Ftes. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fces. if any, ~ which may be awuded by an appellate court. ~ ~ IN WITNESS WHEREOF, Borrower has executed this Mortgage. # - t ~ t Signed, sealed and deGvered i in the presence of: ~ 1 i . . . fr T . . I. . . . . . . . . . . . . . . . . • • . . . . . . . . . . ($C~~ ~ o e C. S tr c an --sor,ow.? ~ . ~ . . . . . . . X ) ~ . . t J~~ • y icklan ~ ~ Sr~ E OF FLORIDA, . . . . . .~~:tin . . . . . . . . . . . . . . . . . . . • - - . . .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 . . . . . Jphiulie . C.. Sta[~ekl.aud. and . . . . . . . . . . . . . ~ ' Audzey. F.. St~lCklaut~, .~iS. Y~j~Qne known to be the person(s) described in and who eaecuted the ~ ' fongoing instrument and acknowledged before me that they. executed the same for the purpose ther~ein ~ ~ expressed. - € r ~ WtTrtess my hand and otficial sealin the county and state aforesaid this. . . . . . . . . . . . . . . . . .day of : i . . . . . . . /~i~SC/1~ . . . . . . . . . . . . 19.~. ; ~ s ~ My Commission expues: . ~ . ~ _ _ ' ~ ~ ~irs 11 l~. tfil. . . . . ~ . . . . . . . . . . . . . . . . . . . . . ~ , , Notary Publit '~.~f•~' - ~ i~'~ 3 ~ . ~ , - ~ _ ~ : _ . . - ~ . , - ~ ~ t a ~ (Spsce BNow This Lin~ R~served For Lender and Retorder) . ~ ~ ~ - • ' ' ` ~ i f . _ - . . . - ~~.tl- J`/ ~ - 43'7`721 _ = n, e - • 5 ~ . . _ ~ i +'1 ~ • ~ _ . ~ ~orris Tilton, P. A. > ~ /I : .,+~r~,ey at ~..aw ' ~ 1 F. O. Box 526 ` ~ ~ Jensen Beach, Fbrida 3345y - ~ . • - ~ s ~ ~ ~ }I 3 `i 90GK JU5 ~'AGE Q71, = :3