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HomeMy WebLinkAbout2978 i r_. ~ v , prior to ~Y 01 a•~tldgflierlt enforClrlg this Mortgage it; (ai?.8orceWSCpays Lender al!-sums which would be then due under iiiiii this Mor~age,•f'he Note=aril notM securing FutursAdvance~s,. it any. fled (lO.BOC@leratioln ~S,CUrfed; (t>) (30rfOweK CUfe8 all brMChse of any otharcovet>ents oragreemeMs ~ Botrowercontained irtthis Mortgage; (q Borrower Mari all rMWr?able elrpsnslss incurred by Lendex in enfarcing~lhe covenants and.pgreemenEs;p~ iorrower contained in,this fi~ertQage and in . entor~Cltlg•Lenders remedies as providedrn.paragraph 1p tlsreol. inClu~ing, buirw~ limited to, r@a onable.a{ttxn~/s leers; • arld(y 8orrpwsr.takes such action.as lender nmy reataoraably require b asaure:lhatth@ lien of this M.ortgager leUtdet's_in, tsrest inlhe Property arld BorroMrets obligation to pey the umssecured bylhis Mortgage sh@II continue unimpaired. Upot? 'salch payment'and cure by Borrower.lhis Mortgage artd the obligations secured hereby shelf remain in full forCerBend effect j as if no acceleration had occurred: ~ ~ ~ ~ ~ ~ - i • g0 + ANlprtnwnt ~ RSrAq; •ppolrntmMt of 11SCistlrar. As additional seourigr hereutxier~ 8orrawer hereby assi9els t b~enderthe rents of the Property, provided. that Borrower shall, prior to accteleration under paragrtrph 18 hereof orabartdon- ment of he Property, have the right-to oolteat surd retain such~rents as they become due and payable _ , , Upon acceleration under ra 18 heKeot or abandonment=of the . t~a9 f~ PropenY. Lender shall bs entitled _b have a receiver appointed by a court to 4nter upon; take possession' of and manag@ he Property anddo collect the rents of the Property, including those past due. All rents collected by the receiver shat) be applied first to payment of the costs of management of the Praperry and Collection of rents, incfird+ng,-but not limited to, receiver's tees, premiums on receiver's - bonds and reasonable attorneys fees; and thereto the sums secured by this Mortgage. The receiver shall be liable to account ony fbr those rents actually received. - - ~1. Futur+eAdwnces; UponrequestbyBorrower,Lender, at Lendersoptionwithintwentyyearsfromthedat@ofthis Mortgage, may make Future Advances to 8onower. Such Future Advances, with interest therleon, shall be secured by this Mortgage Iw~ler? evidenced by promissory notes stating that said notes' are secured hereby. At no time shall the principal } amount of the indebtedness secured bythis Mortgage, not including sums advanced In accordance herewith to protectthe securi of this Mort Ndf~tE----------~-_~"~ b gage, exceed the original amount of the Note plus USS - ZZ. f~INM. Upon paymentofallsumssecurer)bythisMortgage,LendershallreteasethisMortgagewithoutcharge to Borrower. Borrower shall pay all costs of recordation, if any. Z9. AtEonrey'a FMS. As used in this Mortgage and in the Note, "attorneys fees"shall include attorneys tees. if any, which may be awarded by an appellate court , ; i . , IN WITNESS WHEREOF, Borrower has executed this Mortgage. - -f•, Signed. sealed arxi delivered ~ -r' f - _ in the presence oh ~ • O, ~ ~ GC;EGOfi `Leif i~iCY ~ '1r ~ - rT • :~..sr ~ . • ~`A i Q ~ ` ICY= s. :~~~ye @'• .lr' . GUIUO• FI Pf;ES LIE x- (SeaQ - f (Seal) t STATE OF FLORIDA, r Countyss: ST. L.UCIE 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 Gt.lIUG G~iEGrJnIS. F'FiESIUct+l7 t~F GREGOi<IG i-iGLUII+IGS, Ii~IC. , FLtJFi IUA C!7kF OnAT I Oh, 17I+1 BEHALF OF THE COkF'OkAT I OAI to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me thrlt Borrower executed the same for the purpose therein expressed. , WITNESS my hand and official seal in the county and state aforesaid this 4 ' H day of ?~~Yiiiyl~ . . ~f i f r i 1 i ; f>~OgtnmisesiQri15~ fr ~ : `i~W!! ~ • ; : Notary Pu +c - _ 1 :`4 . D U G ,.~f-<, : • NOTARY PlfBIIC STATE OF FIORI[!A AT tJ1RGE ti _ v-t',r MY COMMISS/I'`O~~N~~EX~PIR~E~S NOY-- 14 19~[81~ ` ti, ~ f • • •J 3 l ~i'~"! ~ iroNOEn 7rfX(J taEJ~FX/1L o V . 1JNOERwRr THts (Space Bebw This Line Reserved for Lerxler aril Recorder) - ( • 317•~,~~?3 A-309E3 6/79