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HomeMy WebLinkAbout0251 • 3 t - ` ?.: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 a~eleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (e) Borrower pays all reasonable expenses incurred by Leader in enforcing the rnvenarlts and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in paragraph 18 henwi. including. but not limited to, reasonable attorney's fees; and (d) Borrower takes such action as Lendcr may rea;<~nahly r::quire to assure that the lien of this Mortgage. Lender's interest in the Property and Borrower's obligation to pay the sums :ecured by this Mortgage shall continue unimpaired. Upon such payment and cure by Borrowu, this Mortgage and the obligations secured hereby shall remain in full force and eliect ss if no accekration had occurred. 20. Aadgrtmertt et Rents; AppoistateM of Receh,er. As additional security hereunder, Borrower hereby assigns to [.ender the rents of the Property, provided that Borrower shall. prior to accekration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect snd retain such rents ss they become due and payable. Upon acceleration 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 pos..ession 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, recxiver's fees. premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. 'I1re receiver shall be liable to account only for those retlts actually received. 21. Ftrttrre Ad~a~eea. 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 interest theroon, shall be secured by this Mortgage when evidenced by promissory rwtes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advancxd in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS"-":""""""-'--'-. 22. Reileaae. UpQrt payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pzy aU costs of recordation, if any. 23. Atoonep'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 lortgage. Signed, sealed and delivered in the presence of: ~G~4~...~~ Seal Milton L.~ Harrison ~ ) ~ -~arow.. C.~~ ~ ~ `C C1.1 t~ Cn~c..t_ ~ . (seal) STATE OF FLORIDA, , , S t . Lucie , . , , , . , .County ss: I hereby certify that on this day, before me, an officer dulyy authorized in the state aforesaid and in the cotutty aforesaid to take acknowledgements, personally appeared.l!Riltoll L: Harrison. an unmarried man. • . , . • to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that..... he ......executed the same for the purpose therein expressed. . WITNESS my hand and official seal in the county and state aforesaid this..... ~:th . ...day of ......~'gp~ry 19.~.... My Commission explres: a ~ . . h ~f (SW~e This ling Rtu~rv~d Fa LcnAer and RnoprOeh /~J ::d: ~J _ . _ ; ~ ,~t~r UJVJIHJ ltnts ! ~ M $ 5i' s~L~B ~ Y. ~A. aEAK Rtt01t1 VfRtElEO • e~p~ ' • ~ ~ ~ - Bc~oi 327 PaGE 25p .