HomeMy WebLinkAbout1175 prior to entry of a judgment enforcing this Mortgage if : 1 a) Burrower pays l.rndcr aN sums which would he then due under
this Mungage, the Note and notes securing Future Advance,, if any, had nu acceleration occurred: Ih) BQfrOWCr cures
all breaches of any other covenants or agreements of BorroWCr contained in this Mortgage: Ic) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agreements 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
1d) Borrower takes wch action as [.ender may reasonably reyuire to assure that the hen 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 ~L
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if 0.
nu aecelcraUon had occurred. O ~ ~
20. Assignment of Rents; Appointment of Recej+er. Ac additional security hereunder, Borrower hereby assigns to
Lender the rents of the Prop:rty, provided that Borrower shall. prior to acceleration under paragraph I F hereof or abandon- ~
j
mcnt of the Property, have the right to rnllect and main such rents as they become due and payable.
Upon acceleration under paragraph 1K hereof or ahandanment of ?hc Propeny, 1_ender shall he entitled to have a
receiver appointed by a court to enter upon, take posscssian of and manage the Property and to collect the rents of the ~ c'% •
Pn:prrty, including those past due. All rents a?Ilected by the receiver shall I?c applied first to payment of the costs of ~ _
management of the Property and collection of rents, including, but not limited to, receiver's tees, premiums on receiver's W
hunts and reasonable attorney's fees, and then to the sums secured by this ;\lortgage. The receiver shall he liable to account ~ _
only for those rents actually received. ~
21. Future Ad+'ances. Upon rcyuc+t by Burrower, l.cnder, at I.cnder's option within twenty years from the date of this ~ cJ , _
Mortgage, may make Future Advances to Burrosrcr. Such Future Advances. with interest thereon, shall he secured by this c: i
\turtgage when evidenced by promisury notes staling that said note arc secured hereby. At no time shall the principal U U_
.,mount of the indebtedness secured by this Mortgage, nut including sums advanced in accordance herewith to protect the a
_ ,rcunty of this Mortgage, escced the original amount ol• the Note plus USS -0- U -
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, it any.
23. Attorney's Fees. As used in this Mortgage and m the Nute. "attorney's Ices" shall include attorney's fees, if any.
~ hich may be awarded by an appellate court.
I~ WITNESS WHEREOF, Borrower has executed this :~1ortgagr.
Sigurd, sealed and delivered
in the Drs n c of~
~ ~
' (Seal)
L N A. t I X -Borrower
(Seal)
V I R 1 N I A Lt I X -Borrower
STATE OF FLORIDA, Dig County ss:
I hereby certify that on this day. befuri mr, an uflicer doh authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared
l.EVIN A. I:IIX ANU VIRGINIA LtIX, HIS WIFE
to me know•r. to I?e the prrsonfs) described in and who executed the
iurrguing instrument and acknowledged before me that executed the same for the purpose therein
expressed. THE Y
WITNESS my hand and official .cal in the a?unt~• and state aforesaid this 1 NTH day of
,19
MARCH 8U
-
M~• Commission rxptres: f ~ .
tSeal) Notary Pub
~ r~'.:F r. Vii' ~
. ~ cFhn, •+w1
(SDace Below This line Reserved For lender and Recorder)
• i9E0 HAR t 3 P!~ 2~ 20
fIE1=p AhC ~EGtK!Oi l
St.IUCIE COU`ITY.FIA.
ROGER POITRAS
CLERK CIRCUIT COi; T
RECORD \
cRlf-tE^~.$ _
4'385
af~iK 327 PdGE 1174