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HomeMy WebLinkAbout2588 - 3 _ - ~i ~ - Abstract & Title Corp. of Florida! prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under this Mottpge, tll~e Note and notes securing Future Advances, if any, had no aaxlention oxurred;'(b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in This Mortpge; (c) Borrower pays all reasonable expeases incurred by Lender in ea[orciag the covenants and agreement: of Borrower contained in-this Mortpge and in _ - eoforciag Leader's remedies as provided in paragraph 18 hereof, including. but not limited to, reasonabk attorney's fee:; and (d) Borrower tskes audt action as Leader may reasonably require to aswrc that the lien of this Mortpge. Lender's lateral in the Property sad Borrower's obliption to pay the sums secured by this Mortpge shall continue unimpaired.lJpon such payment and cure by Borrower,-this Mortgage and the obliptions secured herby :hail remain in full [orce sad eQect u if 0o aecekration had occurred. Z0. AsdpauM of Ram AppoirUroeN of Receiver. As additional security h~:rcunder. Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to aoakration under paragraph 18 hereof or abandon- ment of the Property, have the right to collect and retain such Hats as they bocorne due and payabk. 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 rent: of the - Property, including those past due. All rents collected by the receiver shale be applied first to payment of the costa of - marugement of the Property and collection of rents, including, tint not limited to. receiver's fees, premiums on reaiver's bonds sad reasonable attorney's fees, and then to the sums secured by this Mortpge. 71re receiver shall be liable to account - only for those rents actually received. - 21. Ftitsre Aaraacat. Upon request by Borrower, Lender, at Lender's optioawithin twtnty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances,-with interest thereon,-shah-be-secured-by-this--- Mortgage when evideaood by promissory notes stating that said notes sn secured hereby. At no time shag the principal amount of the indebtedness secured by thh Mortpge. not including sums advanced in accordance herewith to protect the security of this Mortgage. exceed the original amount of the Note plus USS... -0- - 2Z. Relate.- Upon payment of all sums secured by this Mortgap, Lender shall release this Mortpge without c6arp to Borrower. Borrower shall pay aU costs of recordation, if any. - - 23. Attney's Fees. As used in this Mortgage and in the Note, "attorney's foes" shall include attorney's fees. if any, ' which may be awarded by an appellate court. _ IN WITNESS WHEREOF, $orrower has executed this Mortgage. ~ _ ~ - _ ~ _ Signed, sealed-and delivered - in resence - • . _ . ~ . S'G {Seal) -~soeroMrK EU BOATf,~RIGHT, SR. .(Seal) - -~sonvw.. STATE OF FLORIDA,...SSI=.,Lucie ...........................County ss: . I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county _ aforesaid to take acknowledgements, personally appeared..Eug~ste .$Oatwx'~gttt, .Si•. . _ to me known to be the person{s) described in and who executed the foregoing instrument and acknowledged before me that be.......... executed the same for the purpose therein 'i expressed. - i f - ~ WITNESS my hand and official seal in the county and state aforesaid this...... 3rd ..............day of .........October 19..79... MyyCo~n ~ ~ ' - . 1 •4 t`, ~ ; A w . - Notry t~rietic etas r101whY at tarp. fi L l 6 ~ ~ Ml, Ca,,mu:~ t.xpirosJwnld,lliet - r Qi~l'y~ 3,J~. (Spaq BNow This LiM Rssarvad For t+lOdM and RooardaA ~ '919 OAT - 4 P~ ~ 06 ILED ?h0 FCCLx::t U ~TRDiaER 0 TRASA~ CLk~Ei1(CgtCWT COtS. r t~CCt3DitERIF1ED 4S9 .r33S ~ _