HomeMy WebLinkAbout1042 prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all Gums which would be then due uadet
chit Mortgage, the Note rttd notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower coca
all breaches of sty other covenant: or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expeasa iacurr+e~l by Lender in enforang lice covenants and agreements of Borrower contained in this Mortgage and itt
enforcing I.ender"s rwmedies as prov~dcd in paragraph 18 hereof, including, but not limited to, reawnabk attomey~s fact; and
(d) Borrower takes such action as Leadrr may reasonably require to assure that the lien_of this Mortgage, l:.et:der's iaterest
in the Property and Borrower's obligation to pay the sums saur+ed by this Mortgage shill continue unimpaired. Upon such
payment and cure by Borrower, this Mortgagc and the obligations sauced hereby shall remain in full forces and effect as if
no acceleration had occurred. -
Z8. ~iastptaeat of AeNs; Appolatateot of Receiver. As additional security hereunder, Borrower hereby assigns to
Lender the rertta of die Property, provided that Borrower shall. prior to aoakration under paragraph 18 hereof or abandon-
ment of the Prnpetty, haves the right to cailect 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 court to enter -upon, take possession of and manage the Property and to collect the rents of chic
Property, including those past due. Aii rents collected by the roceiver shall be applied first to payment of the costs of _
managemeat of the Property and collection of rents, including. but not limited to, receiver's foes, premiums on raceivei
s
bonds and reasonable attorney's fees, and then to the sums securcd by this Mortgage. The receiver shall be liable to account
only fot those rants actually received.
21. Fatrse+e Athascet. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Stirch 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 lima 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 USY -
ZZ. Rekaa. Upon payment of all sums secured by this Mortgage, Lender shall release tliis~Mortgage without charge
to Borrower. Borrower shall pay alt costs of recordation, if any.
Z3. Attetraey's Fees. Ace used in this Mortgage and in the Note, "attorney's fees" shall include attorney's foes, if aay,
which may be awarded by an appellate court.
IN WITNESS WHeRi:oF, Borrower has executed this Mortgage.
Signed, sealed and d vexed
Drese of:
_ t .
~ M . ~ ~~~1; ~ -8orrar~r
STATE OF FLORIDA . ~$lC~~~............COtmty ss:
I hereby certify-that on this day, before me, an o8icer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared...~~p .~....~~T,F . A11C1..7AN~ .M....... .
HAYNIE, ,his ,wifg, , , , _ , , , , , , , , , to me known w be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that x~ey...... executed the same for the purpose therein
exptrrssed.
WITNESS my band and o8'icial seal in the county and state aforesaid this i1~ ............day of
..........S.~iol.~~rl~~4!~--:...., X9..79...
My f7om>u~aion expires:
-~~~°~#s~: ~-,;r~- ~ le loll., l~eo ,mot,,,, .
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(Space aNaw This Lines Reserved For Lerwsr:rail Recorded
i
1919 S~? 26 t ~ ;1
FN ED ~skG F~CUKui -
Stith:tE tCUNTY. fi!<.
ROGER POITRA3
t><f9iK t:IRCW~ CCL~
~i?CRD iFi?IF1FQ_.
4413
C Norris Trltoa, P. A.
%11'orrey at Law
PAGE~O~~ P. O. Box 526
R,
OK~~ Jensen Beach. Fbridn 33457