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HomeMy WebLinkAbout2285 • - ! ~ i prior to entry of a judgment enfor~RS 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 acceleration occurred; (b) Borrower curs all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable expenses incurrod by Lender in enforcing the covenants and agreements of Borrower contained in this Mortpge and in enforcing Lender's, rcrnediet aS provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's tea; and C (d) Borrower take such action as Lender may reasonably require to assure that the Bert of this Mortpge, Lender's interat . in the Property and Borrower's obliption to pay the sums secured by this Mortpgt shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obliptions securod hereby shall remain in full fora and efTect ss if no acceleration had occurred.. 20. AtrttgrttsleN of Rert>: AppoiM>ocat of Reeeirer. As additional security hereunder, Borrower hereby assigns to Lender the gents of the Property. provided that Borrower shall. prar to scaleration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect and retain such rents as they become due and payable. Upon accekratioo under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a court to eater upon, take ,~~sinn of and manage lira Property and to collect the rents of the Property, including those ptnt due. All rents collected by the receiver shall be applied first to payment of the coats of management of the Property and collection of rents, including, but not limited to, receiver's fee, premiums on receivei s bonds and reasonable attorney's fee, and then to the sums secured by this Mortgage. 'lUe receiver shall be liable to account only for those rents actually received. 21. Ftetnre Advances. Upon request by Borrower, Lender. at Lender's option within twenty years from the date of this Mortpge, may make Future Advances to Borrower. Such Future Advances, with interat ihercon.'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 aceordana herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS... • ...+0.. • • • • • • • • • • • • • • • • i 2t Release. Upoa payment of all stuns secured by thu Mortgage. Lender shall release this Martgage without charge to Borrower. BorTOwer shall pay all costs of recordation, if any. 1 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 WITNESS WHEREOF, Borrower has executed this Mortgage. ~ 1 Signed, sealed and deUvered _ in the pt~eaen f: ...................(Seal) EDWARD J RDER ~vI(; ......................:...................(Seal) ~ CC! -sa. St: Lucie STATE OF FLORIDA, .......................COUnty ss: I hereby certify that on this day, before me, an ofTicer duly authorized in the.state~aforesaid and in the county aforesaid to take acknowledgements, personally appeared . EdMidl^d . ~ Wer:der . to me known to be the person(s) described in and who execntod the foregoing instrument and acknowledged before me that.... .......executed the same for the purpose therein expressed. WITNESS ~y hand and o$ieial seal in the county and state aforesaid this... ..:.,~.+c~i)t-of , ; _ My Commission expires: ~1:~~, rl' [SNIj notary Public . _ : ~n#,, ' I v . ~ , _ Notary Public, State of _z!~ My Commiuion 6rpires J~.:.19N ~f 93 (Space BNow This Lint Rtstnrtd For Lender and Rtoader) 481849 - 1~80 kPR -3 P~~ :t ~ 4 FlLEO 1N~ afCUr.7ru 1 ST. UCt CGUNTY.FIA: Il POITRt.S IL,EIgt CIRCUIT Ct~:3 F i i ~ ~~K 328 p~F?284