HomeMy WebLinkAbout1387 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 no acceleration occurred; (b) Borrower cures
all braches of any other eovenanta or agreements of Borrower contained in this Mortgage; (e) Borrrowsr pays al! reasonable
exptases incurs! by Lender is enforci~ the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney`t Tess; and
(d) Borrower takes such action as Lender may reasonably require to auurc that the lien of this Mortgage, Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpairtd. Upon such
payment and curt by Borrower, ibis Mortgage and the obligations secured hereby shall rtmain in full force and effect as if
ao acceleration had occurred.
20. AtlgaateM of Reabl AppoiMmeat of Receiver. As additional security hereunder. 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 as they bccotne due and payable.
lippo accelerauon under paragraph la herewf ui a`vn~~~Caw~cii of Prs~,rty, I.z^dsr s?~.sll bt etzti!lsd to hSve •
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 fiat 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. Tits receiver shall be liable to accow?t
only [or those rears actualty received.
21. Fotore Adr:rca. Upon request by Borrower. Lender. at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be second by this
Mortgage when evidenced by promissory notes stating that said notes an 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. excssd the original amount of the Note plus US=.......~~}.- . .
22. Rsleaat. Upon payment of :il sums ~ur+~ by this Mortgage. Leader shall please this Mortgage without chsrge
to Borrower. Borrower shall pay aU costs of recordation. if any.
23. Attoraey'a Ftes. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any,
which may bz awarded by an appellate court.
IN WITNESS ~1IHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
caa/. .seal
TNO ~ K. PERON ~ ~ ~ ~ ~-riches,
G ~ ........(seal)
REPIE~A. PERO ~ -a«row.r
STATE OF FLORIDA, S t; .Lucie . . . . ~~ty
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 appear~ed..~4>~~. ~C•..PecQAa. mud .~Qrt'na ~1,..kerona,.. .
. Fif
~ . , to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that..~~~Y........executed the same for the purpose therein
expressed.
A ~
Wm~sst >ay hand and official seal in the county and state aforesaid this ~ Qzh ............day of
:~~vat~,:.. ...............19...79..
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