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HomeMy WebLinkAbout0245 • mss-. . is ~~~t1 ' ` !j~ prior to eptry 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 Futuro Advances, if aay, had no acceleration occurred; (b) Borrower cures all breaches of aay other ooveaants or agrraments of Borrower contained is this Mortgage; (c) Borrower pays all reasonable expenses incurred by Leader is enforcing the oovenagta and agreements of Borrower contained is 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 tske: such action as Leader may reasonably require to assure that the lien of thu Mortpge. Lender's interact in the Property sad Borrower': 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 fuU fora and eRect as if no acoektation had occurred. - 2B. Ardneett of Rcagsz A~polntraxrtt 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- ment of the Property, have the right to collect and retain such rents u 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 possession of and manage the Property and to collect the rents of the Property, including those past due. All Hots 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, receivers fees, premiums on receiver's bonds and reasonable attorney's foes. and then to the sums secured by this Mortgage. 'ilhe receiver shall be liable to account only for those rents actually received. - 21. lEh~rrre Advaaci+s. Upon roquest 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 notes stating that said notes are secured hereby. At no time shall the principal amount of the iadebteduesc secured by this Mortgage, not including sums advanced in accordaaee herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USr"""""""""""' 22. Release. UpQO payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coats of recordation. if any. 23. Attersiey's Rees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if aay, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered - in the presence of: ~ .A.4 ~ R. rates ) ; ..~r . t'J'(~ (Seal) Z< _ _ -8~.~.. - - ~ STATE OF FLORIDA, St..I,ucie ....................t~ounty ss: - i i I hereby certify that on this day, before me, an officer du~iYY authorized in the state aforesaid and in the county ~ Alfred R. Morales spd a, de Mor es,, aforesaid to take acknowledgements, personally appeared .L~. ~ • his.wife to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that... ~1e$......executed the same for the purpose therein , ~ expressed. ~ WITNESS my hand and official seal in the ounty and state aforesaid this 16th, , , , , , , , , , , , , , ~y ~ I April 19..~.. MY,Ca~nrssion expires: . /l. C~/LLQ..~ CI . r .•~~y~~x" .!~t•~Q tilt Co::,:: ~,~:,.z J~pt~ at lrn,a ( a 13, 1....3 f` ~ g i~ r i y~~~ 1 ~ S It ~A 1 a ~ ` "a ,~c,f~~ . ' 1 , . ..4 ~ (Space Below 7ais Line Resaeved Fw Lender and Recadeh h, ~ , V _ L~~~~~H~ ~g~p APR 24 A~ 53 # ~0 aN0 RECOltpEO ~ - ~ pI7~ASj i a QERtF1El;_- _ - ~ 4bi4301 - sooK 330 P~F 245 - - ,m