HomeMy WebLinkAbout0556 prior to entry of a judgment enforcing this Mortgage i[: (a) Borrower pays Lender all Bumf which would be then due under
this Mortgage, the Note and notes ser:uring Future Advances, if any, had no acceleration occurred; t b) Borrower cures
all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agrcements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and
(d) Borrower takes such action ss Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by 8ortower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if i
no acceleration had occurred. '
2A. AadgruieN o[ Rents; Appolntrueot of Rerelver. 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-
ment of the Property, have the right to collect and retain such rents a: they become due and payable. _
Upon acceleration under paragraph 18 hereof or abandonment oI 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. Ali rents cuiia:trxl by tin: rix~izer 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 fees, and then to the sums secured by this Mortgage. 'tire receiver shall be liable to account
o~ty for those rents actually received.
21. Future Advaoca. Upon request by Borrower, Lender. at Lender's option within twenty years from the date of this
Mbrtgage, 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
mount of the indebtedness secured by this Mortgage, not including sums advanced in accwrdance herewith to. protect the
security of this Mortgage, exceed the original amount of the Note plus USS:"'-"".:"'-------;----
22. Rdare. 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. Attorney'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 WrrNESS WHEREOF, Borrower has executed this Mortgage.
i
Signed, sealed and delivered ;
in the presence of: i
i
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Sr~rt: of Ft.oRtne, St. • Lucie .....................County ss:
I hereby certify that on this day, before roc, an officer duiy authorized in the state aforesaid and in the county s
aforesaid to take acknowledgements, personally appeared Pa~.tla , E; , Sekora, _ aft unmt~)C~ec); wQlp>~rp, , , , , , ,
• • - • • . to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that , she , , _ , , _ executed the carne for the purpose therein
expressed.
WITNESS my hand and official seal in the county and state aforesaid this......~'Tt~ .............day of
........December 19...79...
My Commission expires: ~~~I~ .
n.'i. . S- A NohrY Public
. _ ~ : Norory reen~ Score of taorleo
~ ~ r ,4.. 01 Lorpe. My Cowtiwission Expires
_ i?i j ' .s MmcA 7, 1902 _
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ftLED AttD PECOKUED FIlEO At+C P~CGKUED
ST. LUCiE CaUNT Y. f `A. ST. LUCIE CaI;NT Y. F t A.
ROGER P01?RAS ROGER POITRAS
CLERK CIRCUIt LOUR CLERK CIRCUIT CGL'RT
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4'T7U99 Re-Record
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