HomeMy WebLinkAbout0108 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 rto axeleration occurred; tb) Borrower cures
all breaches of any other covenants or agreements of Borrower,contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by lender in enforcing the cvvenants and agreements of Borrowesr contained in this Mortgages and in
enforcing Lender's remodies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's fees: and
(d) Borrower takes such action as Leader may reasonably require to assure 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 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 accekration had occurred.
20. Asslitutnest est Rests, Appidasest 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 o[ the Property. have the right to collext and retain such rents as they become due and payabk.
Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall be entitlexi to have a
receiver appointed by a cogrt to enter upon, take possession of and manage the Property and to collect the rents of the
Property. including those past due. All rents collated by the receiver shall be appliexf first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, rexeiver's fees, premiums on receiver
s
bonds and reasonable attorney's fexs, and then to the sums secured by this Mortgage. 'Ilte receiver shall be liable to account
only for those rents actually received.
21. Futru+e Advase:es. 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 secured by this
Mortgage when evidenced by promissory notes stating that said notes arc 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, exceed the original amount of the Note plus USS. 1.2=~00.-OA• • • • • • • • • • • • • • •
22. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Attorney's Fetis. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fexs, if any,
which may be awarded by an appellate court.
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IN WITNESS WHEREOF, Borrower has executed this Mortgage. ~
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Signed, sealed and delivered
in the presence of:
'.O2'~G.
J~ C•CARTY, SR. j
. . ~ ~ c..L~..... (seal)
,,aa~c.. ~ .
HELEN P . MC CNRTY -ewrower
STATE OF FLORIDA . ..............St:. Lucie.... _ • . , , , , • , , , .County ss:
I hereby certify that on this day, before me, an officer dul}}• authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared J_atnes A. _ McCarty; • Sr., and -Nelen, P.• . _ , , _
McCarty-,, his,wife _ , • _ • • , , , • , . , , , to me known to be the person(s) described in and who executed the
~ foregoing instrument and acknowledged before me that . their. • • • • - • ..executed the same for the purpose therein
I
expressed.
WITNESS my hand and official seal in the county and state aforesaid this.........17.tb...........day of
Ausust 19...79..
My ~on~txpirex: - •
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45iS931
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FtLEO AND RECQNFiA.
ST.UICIE COUlITY.
~O ROGER POITRAS
a(J~K~~S PaGE 1VO q,ERI(CIRCUIT Ct><IRt
RECORD y[plFtEO ,