Loading...
HomeMy WebLinkAbout2352 ~ .r 1.. -i 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 securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Mortgages; (c) Borrower pays all reasonable expertses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgages and in enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorneys fees; and (d) Borrower takes such action as [.ender may reasonabty require to assure that the lien of this Mortgage. Lender's interat 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 effect u if no acceleration had oaarrrod. 20. Asd=amreot of 1Res>fs; Appolydatieest of Receiver. As additional security hereunder. Borrower hereby assigns to Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- f ment of the Property, have the right to collect and retain such rents at they become due sad payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender shad 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 the Property, including those past due. All rents collected by the receiver shall be applied first to payment of the coats 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 foes, and then to the sums secured by this Mortgage. 'ilte receiver shall be liable to account only for those rents actually received, 21. Fature Advassce+s. 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 secured 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 ttre Note plus USS 22. Release. 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. Atoorsey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered } in the presence of: 1 / ~ s nQ~,r, ....~.!!-t~~ (Seal) . ~ Syl a er Bal 1 , r. ~O"°""!r ~ ~ t i Linda K. Ball ~ t STATE OF FLORIDA, St:.. LUC.IE ........................County ss: s i I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the cotlltty ~ aforesaid to take acknowledgements, personally appeared..~y1YeSt~r. ,Q@) ,J,r,~ ,@p~, 1-.i.~da. K,. ~d1.1... j r h.is .wife to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that.. ,they, , , , , ..executed the same for the purpose therein 'i expressed. 1 i j WITNESS my hand and official seal in the county and state aforesaid this..... 2nd ...............day of j Nove~obec .....................19..7.9... ( My-;Commissiog~exptres: Wota is . ~ ~ zO,. ._,'s r ~y o..a 4 - I "Y (Sr?sce Below This Line Reserved For Lender and Recordeh x zr~l f.,, ~:c ~r.~ $ ROGER PU17:~t.5 CLEF.:( CIRCIiiT CCURi 466882 rt r;~ `2`x(1 7~2A fl 9hnV n•nr t