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HomeMy WebLinkAbout2611 ' . +t. ~.rri •I . ~ r prior to entry of a judgment enforcing this Mortgage if: 1 a) Borrower pays Lender all sum which would be then due under this Mortgage, the Note and notes securing Future Advances, if any, had no acteler~tio~ occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable - expensa incurred by Lender in entorcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in paragraph IR hereof, including, but not limited to, reasonable attorney's tea; and (d) Borrower takes such action as Lende: may reasonably require to assure that the lien of this Mortgage. Lenderi interest in the Property and Borrower's obligation to pay the sums secured by thjs Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligationtgsecured hereby shall remain in full [orce and effect as it nn acceleration had occurred. - - 20. AssiLntoeat of Rears; AppolMmeat of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property. provided shat Harrower shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Property, have the right to collect and retain such rents as they become due and payabk. Upon acceleration under paragraph 18 hereof or abandonment of the Properly, Lender shall be entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to rnllecf the rents of the Property, including those past due. All rents collected by the receiver shall be applied first to payment pf the cores 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. The receiver shall be liable to account only for those rents actually received. 21. Future Advances. Upon requat•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 interat thereon, shall be secured by this Mortgage when evidenced by promissory note 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 securtty of this Mortgage. exceed the original amount of the Note plus USS.~QrS~Q•DQ 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. Attoraey'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 Mortgage. Signed, sealed and delivered in the prese of: Fl des anon. ! ~ ~ ! ~ = < t { (Seal) WZl • E • Fidc~e, riGa.< • _ - ~ e ~ ...,f . (Seal). STATE OF FLORIDA, ~ ..........................COttrtty ss: I hereby certify that on this day. before mc, an officer dul authorized in the state aforesaid and in tbe county aforesaid to take acknowledgements, personally appeared . E.. F~C£ r . President, of, * , , . , . , , , , , to me known to be the person(s) described in and who executed the foregoing instrument and acknowled . d before me that... ~ executed the-same for tbe purpose therein expressed. * ~ ar"IpANY, INiC. , a Florida Corporation, on ~ behalf of the Corporatirn......... ~f Wttty my ha and official seal in the county and state aforesaid this.:......4!! .........day of 19 8U - _ 1~9f+ry Pubic, State of Florida at hrge ~ My ~~.,~i~q~r fomsasioa fxpites OR. 3f 1982 j? • C; T,~'.• ~!d!4 h A.r~ra Fw a oa.rr c.`p!q...... . ~ , ~ Note Public _ H . - c~: .,.,i , I - " (Space 8ebw This line Reserved For Leryfer and Recorder) €3 f ~`ot~~a Go~Q ~ 4~3~022 . e 1980 APR -7 Pty I ~ 4 0 ~Sti~ FILEO AN0 ~Et:ORGF~ ST.LUCIE COUYiY.I'L . E ERK C RCWT CWJRi `G 14EltRS V£ftiF'If0 ppY~~ POR~~Q ~ a ~ ~