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HomeMy WebLinkAbout2903 _ • - - ' ~ . ' .A1~t~~ lrrr , ' ~~i~~ prior to entry of a judgnteat eaforcing this Mortgage if: (a) Borrower pays Lender ali sutra which would be then due under this Mortgage, the Note and rate: securing Future Advances. if any, had to aooeleration occurred; (b) Borrower coca all breathe of any other tovextauts or agreements of Borrower contained is Chia Mortgage: (c) Borrower pays all reasonable expenses incurred by Leader in enforcing the oovenarlts and agreements of Borrower contained in this Mortgage and in enforcing Leader's remedies as provided in paragraph 16 hereof, including. but not limited to, reasonable attorney's lea: and (d) Borrower takes such action as Lender may reasonably require to assure that the rise of this Mortgage. I.cnder'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 fora and efied as if no acceleration bad occurred. ZA. Aadgaseat et Rea1s;:Ap~pohtseN of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property. provider that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect sad retain such rants a: they become due and payable. _ Upon aeoekation under paragraph ~ 18 hereof or abandonincnt 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 rents collected by the receiver shall be applied first to payment of the costs of management of the Property and collection of rents. including, but not limited to, receiver's fees. premiums on receiver's toads and reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rests actually received. 21. FtitMre Aivaaed. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such fiuture Advances, with interest thereon. shall be seuured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall tht principal amount of the indebtedness secured by this Mortgage. not including sums~y;arKgdr gy ~gq~p~ry pgrFy+y~/t9/PrOt~ ~ security of this Mortgage, exceed the original amount of the Note plus U ~ (~J L L / ~ [ ~1.~ [ l ~J L L Relkase. Upon payment of elf sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all 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 foes, if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed sealed and delivered in the presence of: , ..Richard~5.~Pataki .5~.?.~~ ~ . . ez~tiZ~'.5r. ~ . (Seal) Judith S . Patalsi ~ • STATE OF FLORIDA, St. ,Lucie .........................County ss: I hereby certify that on this day, before roc, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared . Risher d, S Pataki and ,Judith S ; _ Pataki, , his trite to me known to be tbe person(s) described in and who executed the foregoing instrument and acknowledged before me that. ,they . , , ..executed the same for tbe purpose therein expressed. WITNESS my hand and official seal in the county and state aforesaid this....... ~~b ............day of AP.? it 19..tf.0.... My Commist:ion expires: ~~~~X~G~_ ) ~ ~ . _ r:; t. ~,^^~ir•, (Space Below This line Rssarved For LenAer and RecorOe4 ygs 90 ~ 3 J.::: _ . _ _ _ - - r Ec {a~Wt: ff conuiu 5 MI~~CaER POITRAS A~ SURK GRC11!T ~OtiRt ~ Rt~fCi'3 \ f Rif tt: _ ~ ~ r t a - ~ ~R Q~~2~392 ~ ~ ~~~3~