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HomeMy WebLinkAbout2814 . , ~ • prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pay: 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 cure~% all breaches of any other ~venants or agreements of Borrower contained in this Mortgage; (c) Borrower pays sll noble expenrcs incurred by Lender in enforcing the covenagta and agreements of Borrower contained in this Mortga and in enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney fees; and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender': interest in the Property and Borrowers obligation to pay the sums secured by this Mortgage :hall continue unimpaired. Upon such payment and cure by Borrower. this Mortgage and the obligations secured hereby shall remain in full force and effect as if no atxekntion had occurred. 2f1. Astdp>•etM oft Retr~b; Appolataerrt 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 abandoa- ment of the Property. have the right to collect snd retain such rents as they become due and payable. - Upon acceletation 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 the Property, including those past due. All rents 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. receiver's fees, premiums on receiver s bonds and reasonable attorney's foes. and then to the sums secured by this Mortgage. 'Tile receiver shall be liable to account only for those rents actually received. 21. FrrRtrre Aivaaee+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 protxt the security of this Mortgage, exveed the original amount of the Note plus USS""""-""""'--'--. 2i Reieau. UpsZn 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. Attoney'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, Borrower has executed this Mortgagc. • Signed, sealed and delivered in the presence of: . . :`:S!.......... . ~ Seal ~ ~TieO ~CbOllti~(~ ~ • . • . ( ) -8omower Ysabe Mc7Sona1.$ STATE OF FLORIDA,........ St. Lucie .....................County ss: I hereby certify that on this day, before me, an oll'icer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared.. Leo .McDgnald ,an~d_ Isabel,MeDonald, ,his wife to me known to be the person(s) described in and who executed the ~ foregoing instrument and acknowledged before me that..... the~I, . , ,executed the same for the purpose therein ~ expressed. 28th i ....WITNESS my hand and-of3icial.seal in the county and state aforesaid this....... .............day of November . ,19..79. i _ tdotory hbtk Sfab of HerWa of t.oroe. Mr Coie~eistipn EaPirM } _ ~ ~ d AAorch 7, 1942 • t 3 y, 19 ~v / , ~ .J ' ~ ' 1 {)ji •~`t`J ~ ~ J 1, ~ (Space Below This line Reserved For Lender and Recorder) L= ~ . _ ~ : cttz 1919 DEC 28 PN 3 59 i Jll~ : c., ~ : ~ • • ~ ~ ~ LED a RECfM0E0 ~~f~~GE~P~0ITRAS~ t CLERK CIRCUIT C ~T~ z RECtfRB ~'fRIFIEU_Sa~~'~-~--- - 4'~09'79 _ ;