HomeMy WebLinkAbout1444 prior to entry of a judgateat enforcing this Mortaa,e if: (a) Borrower pays Lender all suns which would be then due under
this Mortgage, the Note sad notes securinj Future Advances, if say, had ao aooekntioa occurred; (b) Borrower coca
all breaches of any other ooveasats or agreerttents of Borrower coataiaed is this Mottptge; (c) Borrower pays all rasonablee
expeasa incurred by Leader is entordag the ooveaatita sad agroerrteat: of Borrower contained is this Mortgage and m
enforcing Is;ader"s remodia as ps+ovided is paragraph 18 hereof. includia8, but act limited to, reasonable t~ttontey's fees: sad -
(d) Borrower fates such action as Lander may reasonably require to assure that the lien of this Mottsage. I.errda"s interest
ire the Properly sad Bon+owet's obligation to pay the sums secured by-this Mortgage >>atl oontiatre unimpaired. Upon such
payment sad cure by Borrower, this Mortgage and the obligations secured hereby :ball remain in fuA force and eQect as if
no aocekatioa bad occurred. -
20. AadpseM of Realr, A~oiatsseat of Receiver. As additional security hereunder. Borrower hereby assipa to
Leader the rents of the Property, Provided that Borrower shall. prior to aceeleation 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 aoodention udder paragraph 18 hereof or abandonment of the Property. Leader sbaQ be entitled to have a -
receiver appointed by a court to enter upon, take possession of and- manage the Property and to collect the Hats of the
Property, including those past due. All reefs 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, reaivec's fees, premiums oa reoeivu's
hoods sad reasonable attorney's fees, and then to the sums secured by this Mortgage. 'ILe receiver :ball be liable to account
only for those rents actually received.
21. Fs>are Aiva~ees. Upon request by Borrower. Lender. at Lender's option within twenty years from the date of the
Mortgage, may mate Future Advances to Borrower. Such Future Advances, with interest thereon. shall be secured by this _
Mortgage wha? evidenced by promissory notes stating that said notes are secured hereby. At ao time shall the principal
amount of the iadebtedoesa secured by this Mortgage, not including sums advanced-ia accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS _
22. Reilease. Upgn payntiertt of all sums secured by this Mortgage, Leader shall reka9e this~Moctgsge without charge
to Borraiver. Borrower. shaU•pay all costs of recordation, if any. _
23. Attor~ey*a Pea. As used.iri this Mortgage and in the Note. "attonney's fees" shall include attorney's fees, if say,
which may be awarded by as appellate Dour[.
IN WITNESS WIIBREOF, Borrower bas executed this Mortgage. ~ -
Signed, sealed and delivered
in p ru~I~ -
~ ~Th adore E. Larson - ~orroa?u
~ ..(Seal)
- ~ ~ ~ ~ - ~ ~ - ~ Luc i 11 a ~L. ~ Larson ~ -eo«o~.«
STATE OF FLO1t1DA, ....Yt., Lucie............ , , , _ _ , , , ,County ss:
I hereby certify that on tbiv-day, before me, an officer duly authorized in the state aforesaid and in the county -
aforesaid to take acknowledgements, personally appeared. Theodore, E., Larson, and ,Luc i 11 a ,L=, Larson,
..h~S.h?jfe to me known to be the person(s) described in and who executed tie
foregoing instrument and acknowledged before me that. the.Y.........executed the same for the purpose therein
expressed.
WITNESS my hand and official seal in the county and state aforesaid_i~is.....~Qrh ...............day of
- -Septeotb~r.
......................1979.....
MyCommission expires: . . i~f~.• ~~~j~~~w~
-Notary
~ 9
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~ ~ s sat _ eotrtasstaPt oceu~s w?nctr tssz
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(Space BNow This lino Reserved For L.endar and Raoorda)
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vaiaD'l~ T3~~~ia 103
J~Ndd~f~fl~ 3~ivdb~StJt 31111 GJd~iH~ 1919 SEP 28 AN 9' i ~
FILED AND FECOItOtO
ST. LUCRE CDUNIY.FLA:
R06ER POITRAS
CLERK CIRCtIR C T
RECDRD VERIFIED
46659
. 800K 3~7 ~ PAGE x.442