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HomeMy WebLinkAbout0418 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 acceleration occurred; Ib) 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 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 (d) Borrower takes such action as 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 Borrower. this Mortgage and the obligations secured hereby shall remain in full force and effect as if ~ no acceleration had occurred. 20. Assignment of Rents; Appolatmeat of Receiver. 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- . moot of the Property, have the right to collect and retain such rents as 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 rnurt to enter upon, take possession 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 rnllection 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 re.~eived. 21. Enlace Adraaces. lJpon 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 therron, 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 accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS 24 s 000. Q0, , , ; , , , , , , , , , , ~ 22. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge ~ to Borrower. Borrower shall pay alt costs of recordation, if any. # 23. Attorney'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. r IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: QG~~1/1`J. ,~G~x4~2f ~ X , . (Seal) -f3orrowar I WOLRER . ..l~li.'...~.... ..........................................(Seal) DRF.AMA WOLKER ~Of f O1N~r - i STATE OF FLORIDA, ST. LUCIE.. . , , ,County ss: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county • aforesaid to take acknowledgements, personally appeared....ELZIE. 3d(ILKER. at~,d .DgEAMA. WQIREB, . ..............his.wifa to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that. they. _ , , , ,executed the same for the purpose therein t I expressed. i ~f WITNESS my hand and official seal in the county and state aforesaid this......8th~ ..............day of ........~pri~ ....................19..$Q... ~ t' - My Commission expires: ~~!~,(~y(.(r.~Q . ''9 Notary Public .,ly' HGTARY fUsLIC SATE C`F FLCIRIDA AT U1ltCE • ~'t' ~s IAY COM.~~lSSIG.`t EXPIicfS JIiPE 21 1983 t1RU GENERAL INS. UNDERWRIiERS,. $ - BONDED I ~ ~3 .~A=, ~ ~ ~ ~ ~ _4. 1 +++333~~. ~ t iyq r • 1~ =T..l C •t•-i ~ i - (Space Below This LiM Reserved For Lender and Recorded 415 3 ` 19fi0 APR 10 AN i~ 33 l ~Otiflt POt RAT l tiA.6~ t~ 1 ~~IIIFIfi1 ~ o d}off ate,' t a~e~~S4d . ~p~~o~3 } 800K~ P1GE ~S E