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HomeMy WebLinkAbout1904 v id ~ i prior to entt~of a j~Ldgm6nt enforcing this Mortgage 1F. (a) Qo~_rrower pays LendQrall~sums whlch vrould be then due under this Mottyaye, the Note tired notes_securtnq Future Advaf?d , k t}ny, hid nb acceleratioA occ rred;,(b) Borrower cures atlr3rea~ktesofanyothercovenantsofagreementsof~Qrt'owe~ct~ntainedinthisMgrtgtlge:t~6ot~ r ysallreasonable experts itttrltb$d t~y+, Lender lti enfofiCin~ (tta pOvehanjs tt~+b agreements of Borrower Cbrttainell ih'th-15.MQrt~age and in enforcing lenders remedies as dtoti(ided fn paragral~fi 1.$, hereof, inctudip~, but htit limited t4; r@asOnable attorn Ye tees; and (d) Qorrower takes such aption as l,end~hr may r sor~ibryi ~etqulre~to fissure that the lien of thisMortgage, l.e~ders ln- terest iiitheProperty find Borrowers obligation t~ pad i~ syrrs,secu fed byttiis Mortgage shat! continue unimpaired. Upon such payment artc~ cure by t3orrpwer, this ~Aortgaga>~d the oblip~tions ;tacured tjer~by shalt f~main in full force and effect a~ lt' no accetet~tion"h8t1 occurs Zd. I1wl~dme~t pl ti~Aq;R~nent ~f ~l~ly~t ~s aadiUonat security hereunder, Borrower hereby assigns to L`eriderth$rent§ t)lihq Property~provided that$ofrowerall. pNor tQBcceieratign under paragiaiQh 18 hereof orabandon- ment of the ~fsrdperfy, havC the N ht to ~cijnect and retain such rents as theft become' due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall tse 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 collegted by the receiver shall be applied first to payment of the costs of management of the Property arxi collection of rents, including, but not limited to. receivers fees, premiums on receivers bonds and reasonable attorneys fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. 21. Future Advances. Upon request by Borrower, Lender. at Lenders option within twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest 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 NONE-------------- security of this Mortgage. exceed the original amount of the Note plus USS - 2~. t~lessa. Upon payment of all sums secured bythis Mortgage, Lendershall release this Mortgagewithout charge to Borrower. Borrower shall pay_all costs of recordation, if any. 23. Attomsiy's FNS. As used in this Mortgage and in the Note, "attorneys tees" shall include attorneys fees, if any, which may be awarded by an appellate.courL Ity WITNESS WHEREOF, Borrower has executed this Mortgage, Signed, sealed and delivered in the pres F. n H (Seaq C~iGI//~~~ l~-~! (Seaq BARB 0 LIN H (Seaq t (Seaq STATE OF FLORIDA, Countyss: MARTIN 1 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 HUGO LINDH AND BARBkO LINDH, HIS WIFE to me known to be the persoMs) described in and wtt~executed the foregoing .instrument and acknowledged before me that (3orrawer executed the same for the pu~pose~•t~arein expressed. - . ~ ~ s ~ 7 WITNESS my hand and official seal in the county and state aforesaid this 10TEI . _ -may Qf t JANUARY ~ ~ y ,t9 B0. ate; t?i~ My Commission expires: ~ f ~ r~; , " ..I~ ' (Seaq otary Pub is Notary !'rsbfu, S e of Florida at large My Commission Expires April 16, 1983 n..a.e sr r.. a c...,.. c_,,,.., Refurn ~o; Law CNf+'ces of Harold H. 6oldmaA 8028 Sours haderzl fii;hway Port St. Lucie, . Fiorida 3345 (Space Below This Line Reserved for Lerufer and Recorder) ~32`t3 r~ct~~ . `A-3098 s~~s