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HomeMy WebLinkAbout2403 t r 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 axuring Future Advances, if any. had no acceleration occurred; (b) 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 covenants and agreements of Borrower contained in this Mortgage and in enforrin~ Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorneys fees: and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest i 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 effeM as if no acceleration had occurred. 20. Aasigaeseat of Rent:; AppotMseot of Receiver. As additional security hereunder, Borrower hereby assigns to Lrntkr the ants 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 become due and payable. ' Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to have a ' receiver appointed by a coin 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-Eels, and then ta-tht-sums secured bythirMartgage.--The-receiver shall-be liable to account- - - only for those rents actually received. 21. Future Advaoca. 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 interat thereon, shall be scoured 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 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.1.4. Q~0 • QQ ' 22. Rekaae. 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. Atooray'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 tbe presence of: ~.Q'f'!'!^.~l~ (Seal) W ~es bonnie L. ~ en ns~ -eoR~.. . ~ ...........(Seal) Hess Charlotte K. Jenk ns -e«~~.r $TATEOFFLORIDA,.,,,ST..LUCIE .........Cotmtyss: I hereby certify that on this day, before roc, an officer-duly a thorized in the state aforesaid and in tbe county ofQQrrggssaid tc take acknowledgements, personally appeared..~nn~e. L.. .Jenkins &,Charlotte_K,,Jenkins, ..111S.rrife : , . , to me known. t be the person(s) described in and who executed the . foregoing instrument and acknowledged before me that t . ey...... executed the same for the purpose therein ~ expressed. ~WITNFSS my hand and official seal in the county and state aforesaid this........ 3i. -......day of 4S` - - _ _ .........,19.79.... - 'SIQzt gJCpit~eS: ~ ~ ~ ~ - Plotary . t~= r = 1~)?,ut? ~MtIC STATE Di ~1i1M ~ f, (Spate 8elorr This line Reserved For Lender end R~torder) s 1919 SEP -5 A~ i I= 58 ST LUCIE CpouNt Y f~a ROGER POITRA5 CLERK CUtCU1T C REGARD 1IER[ftED~, i BOOK PAGE~~,c~