HomeMy WebLinkAbout0483 prior to entry ot a judgment en(orcing this Mortgage if: laI Borrc~wer pays Lender all sums which would bc then due unJer
this I~fortgage, the Note and notes securing Future Advances, if any, had no acceleration.qccwred; (b) Borrower cures .
ali breacha of any other covenants or agreements of Borrov?~er containe~ in this Mortg~ge; (c) $orrower pays all reasonable
oxpenses incurred by Lender in enforcing the covenants and agree~rents of Borrowet contained in this Mortgage and in
enforcing l.ender's remedia as ptovided in paragraph IR hereof, iocluding, but not limited to, reasonable attorney's fees; and
(d) Borrower takes such action as l.ender may reaso~ably ~eyuire to assure that the lien ot this Mortgage, Lender's interest
in the Prooerty and Borrower's obligation to pay the sums 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 force and efTect as if ~
no acceleration had occurred.
20. Assi~nment of Reats; Appointment of Receiver. As additional security herounder, Borrower hereby assigns to
Lender the rents of the P~openy, provided that Borrower shall, prior to acceleration under paragraph 18 hercof or abandon-
ment of the Property, have the right to collect and retain such rents as thcy become due and payable.
Upon acceleration under paragraph IR hereof or abandonment of the Property, I~nder 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 past 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 reasonable attorney's fees, and then to the sums secured by this Mortgage. The receivtr shall be liable to account
only for those rents actually received.
21. Future Advances. Upon cequcst by Borrower, I.ender, at 1_ender s optian within twenty years from the date of this
Mortgage. may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this
Mongage when evidenced by promiss~ry 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 tht
security of this Mortgage, exceed the original amount of the Note plus USS... ...-.Q- .
22. Rekase. Upon payment of a11 sums secured by this Mortgage, Lender shall release this Mortgage withou~ charge
to Bonower. Borrower shall pay all cosu of recordation. if any.
23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any,
which may be awarded by a~ appellata•court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
~ -
~ 6~.'~= . J~X . . ~4! . . . . . . . . . . !%'.!G~~' . . . . . . . . . . . . . . . . . . . . . . . . (Seal)
WILBUR A. •LARKIN -ea?ower
• l ~ / ~
Uv-l, ~~~AMi~~ 1/~ ~ ~Q~ L
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C/(. T . ~ . . . :--'S . . . . . . . . . . . . . . . . . (SCaI)
DOLORES A. RKIN -8wrow~r
. ~
STATEOFFLORIDA,..... ST.,:LUCIE,,,,,,,,,,,,,,,,,,,,,,,,,COUII[ySS: . •
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
, afaresaid to take acknowledgements, personally appeared. . . . . .Wilbur. A.. .Larkin. and .Dolores A_ . . . . . .
~,a~kin,. his wife . to me known to be the person(s) described in and who executed the
[oregoing instrumentc~nd acknowledged before me that . thay. executed the same for t6e purpcue iherein
expressed. ~
i • .
i WITNESS I[ly tlaOd a[ld O~1C13I SCSI in the couniy and state aforesaid this. . . . . , 3rd . . . . . . . . . . . . . .day of .
f ~?Y ..................19.. 79..
~ My Com~ission expires: ' ' p ,~~,~%~j
, l~'~'ID c
y ~c~.. [S~y~• . . . . . . . . . . . . . - • Natary Puaie . . . . . . . . . . . . . . . . . . . . . .
. ~ ~ • :
` / b •i: I~I1Rr /I~IIC STAIE Of itOR1DA AT U1RQ
z ~ ~ O M~ CCJMMISSION EXIIRES AIJG t982
E ^J ~ 1•~.y - ~01~ED I?iRtJ GEl~kl/~L I N5 Ut~E RW R 1 TERS
~ . . .
~ . r ~ ~
~ / n
e 'l` _
~ ` _ • `n
Y`~
~ '
~ (Space Below This Line Reserved For Lender snd Recorder) '
r
~
~ .
s
~ .
i
:
3
_ ;
~
a
~ .
~
~ - -
~ ~eoK 3~8 oac~ 4~
_ i
_ ,
~
~ ~
~~5~ ~
J,_~;_~.~ ~..;~F~