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HomeMy WebLinkAbout1249 ~ . • prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which. would be then due under this Mortgage, the Note and notes securing Future Advances. if any, had rte aoceleratan occurrod: (b) Borrower cura all breaches of any other covenants or agreements of Borrower rnntained is this Mortgage; (c) Borrower pays all reasonable expenses incurred by Leader in enforcing the covenants and agreements of Borrower contained is this Mortgage and ~ ia- enforcing Lender's remedies as provided in paragraph 18 hereof. including. but not limited to. reasonable attorney's tees: and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's iaterat in the Property and Borrower's obligation to pay the sums secured by this Mortgage shag eontiatre unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain is fuU force and effect as if ' ra acceleration had occurred. Z0. . Aasiigrised of Rea>IR Ap'otMareM of Recdvet. • As additional security hereunder. Borrower hereby assigns to lender the rents of the Property. provided that Borrower shall, prior to aocekration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect and retain such rents as ibey become due and payable. - Upon acoekration under paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to have a receiver appointed by a ~rotrrt 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 flat to payment of the coat of management of the Property and collection of rents, including, but not limited to, receiver's fees. premiums on rceerver s bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. 21. Fs+twe Advaaccs. Upon request by Borrower, lender, at Lender's option within twenty years fran the date of this Mortgage, may make Ftiture Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness sxured by this Mortgage, not including sums advanced in aooordanoe herewith to proteM the security of this Mortgage, exceed the original amount of the Note plus USS.."""""""""'• • 22. Rdatae. Upgp payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coats of recordation, if any. ' 23. Attorsier's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's foes, if any, which may be.awarded by an appellate court. - IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: ' . Q-:. h-l~.i..z-.: ~ ~~~.~:.c!''l. ~ .'.~,f (Seal) /r S-ebast~an W. ~F'eldmeier -eorrower ~~.'~:~~-r'!.... . dom. Seal) . -Mary Feldmei~ -.ea?o~. STATE OF FLORIDA .............St.,Lucie,,,-,,,,,,„-,,,,,~untyss: 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.. Sebt3stan W. ,1?~~q~3~g~- ~ .MaxY. Awl. , - . j Feldmei.er,- his-wife , , , , , , , , , , , , , to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that.. the.Y.......executed the same for the purpose therein expressed. . WITNESS my hand and official seal in the county and state aforesaid this........2Ath ...........day of _ .....QP>"~~r 19.79... My Commission expires: ' ~ - Notary Public O - /~q ~.rH NN~'i~'', ~ (Space aelow This line Reserved For Lender sod RecorOe _ 05b£l, VOILOIj `?~~31d 12i0~ - ~ ~.~iN' r. ~ ~ JI il~~:i~ ~v.~ 'J ~ ~I7 g~1}~661 ~cNea,c~ .~:,?~`•::i ~s;;; c~t/~IHO ~gg sd 1 I . X919 ~1~Y -8 PK 12~ f IUCI ENC RF.~~((UitUtU S ROGER POITR~A CLERK CIRCUIT COURT ItECORO ~Rlf if 0-------~""'"~ ~ k 3~ PACE 1249 BOOK I ~ - _