HomeMy WebLinkAbout0135 prior to enlry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note a~d notes securing Future Adva~ces, if any, had no acceleration occurred; (b) Borrower cures
all breacha of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
exper.ces incurred by Lender in entorcing the covenants and agreements ot Borrower contained in this Mortgage a~d in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to. reasonable attorney's fees; artd
(d) Borrower takes such action as I.ender may reasonably require to assure that the lien of this Mottgage. Lender's int~rest
in the Property 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 effect as i(
no acceleration had occurred.
20. Assigameat of Rent~ Appointment of Receiver. As additional security hereu~der, Borrower hereby assigns to
Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect and retain such rents az they become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall be entitletl to have a
receiver appointed by a court to enter upon, take possession of a~d manage the Property and to collect the rents of the .
groperty, 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 fces, and then to the sums secured by this Mortgage. 71~e receiver shall be liable to account
only for those rents actually received.
21. Futurc Advaacea. Upon request by Borrower, Lender, at Lender s option within twenty yean from the date of this
Mongage. may make Future Advanca to Borrower. Such Future Advances, with interest thereon, shall be secured by this
Mortgage when evidencod by promissory notes stating that said notes are secured hereby. At no time shall the principal
amount of the indebtodness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
security of this Mortgage. excced the original amount of the Note plus USS. . . . . . . . . . . . .
22. Rekase. Upon payment of all sums secured by this Mortgage, Lender shaU nlease this Mortgage without chuge
to Bonower. Borrower shall pay all costs of recordation, if any.
23. Attoroey's Fees. As uxd in ihis Mortgage and in the Note, "attorney's fees" shall include attcrney's fees. if any.
which may be awarded by an appellate court.
IN WI'fNESS WHEREOF, Bonower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
c. J.t Ct~
; . . . : c 4~ . . . . . . . . / . . . . . . . . . . . . . . . . . . .(Seal)
• BuELi: i. 's 'owN _.8~~?
. rZ~rA..~ . . l~. . . 4-t~! : . . . . . . . . . . ~.~!'i.^z `
. : . . . . . . . . . . . (Seal)
~ CLARA V . ~BROWN ~ -eorrow..
STATE OF FLORIDA, . . . . , SC : Lucie . . . . , , ,County ss:
I'; I hereby certify that on this day, b~fore me, an ofi'icer duly authorized in the state aforesaid and in the county
; aforesaid to take acknowledgements, personally appeared. . . Bu~~~.~.. ~ro~,~~~, C~,a~~ .~1.. $Xo.w,ri, . '
; . . h~.s .W~~~ . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who exuuted the
i foregoing instrument and acknowledged before me that. . t~1eJ! .......executed the same for the purpose therein
~ ea~ressed. ~
~
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r W~TrtESS my hand and official seal in the county and state aforesaid this. 1 ~th ...............day of
. .-IuIY . . . . . . . . . . . . . 19. .7.9 .
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