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HomeMy WebLinkAbout0199 ) t. J ~ ~ prior to entry of a judpnent enforcing this Mortpp if: (a) Borrower pays Lender all wms which would be then due under j the Mortpge, the Note and notes securing Future Advances, if gay, had no aooekatioa occurred; (b) Borrower curs 4 all breaches of any other coveaaab or agreentertts of Borrower contained in this Mortpge; (c) Borrower pays all reasonable expenses incurred by Leader in entorcing the oovenagts and agreements o[ Borrower contained in this Mortpge snd in enforcing Lerder'a remedies a: provided is paragraph 18 hereof, including, but not limited to. ressoaabk attorney's fees; and td) Borrower take: such action as L,eoder may reasonably requiro to aaure that the lien of this Mortpge, Lender's interest in the Property gad Borrower's obligation to-pay the :zeros secured by this Mortpge shall continue uclimpaired. Upon such payment gad cure by Borrower, this Mortgage and the oblipiians secured heroby shall romain in toll force and effect as if no acakation had occurred. - B>. AudBaoesit et Renbl A~oktsseal of Reedver. As additional security herounder, Borrower heroby assigns to ~ Lender the rents of the Property, Provided that Homnwer shall. prior to avakration under parsgraph 18 hereof or abandon- ment of the Property. have the right to eolkct gad retain such teats as they becoane due and payable. Upon aooeleration 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 i Property, including those peat due. All rents collected by the receiver shall be applied first to payment of the costs of maaapment of the Property and collection of rents. including, but not limited to. receiver's fees, premiums on receiver's . bonds and reasoaabk attorney's foes. and then. to the sums secured by this Mortgage. The receiver shall be liable to account only for those routs actually received. Tl. )[r'etrae Aivasiees. Upon request by Borrower, Lender. at Lendefs option withia twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advancxs, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes aro secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herowitb to protect the security of this Mortgage, exceed the original amount of the Note plus USS"""..... ' Y2. Release. Upon payment of all sums secured by thk Mortgage, Lender shall ukase thia~Mortpp without charge E to Borrower. Borrower shall pay all coats of recordation. if any. 23. Attorney's Rea. 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 t in the praenoe of:. . (Seal) i2~~~~~1 _ Robert P. Le s by, J -eon'D"` :t-`~ ../f7 ~ .............(seal) -~.~..r STATE OF FLORIDA, ..........S.L..L(JC~~' .....................COlmty Sa: 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... Robert. P.. leiby,. Jr..., .aD. ultltw~r fed..... JOaO to me known to be the person(s) described in and who executed the ; 'i foregoing instrument and acknowledged before me that.... h~ .......executed the same for the purpose therein expressed. - - . WITNESS my hand and•olficial.seal in the county and state aforesaid this........3t:d ..............day of .Ju 1 y.. 19..80.. My Commissiau,ye,spttes: ~ ~I~~~.a+ . ' , ' ,j naa<y wibilC QAtf a wt ut+c,E ~ s~ba q. i9ez utiotxwwtERs ~9yfi ~ ~ .gam - -y f s, i (Spice Below This Line Reserved For Lerdar end R 8 - - 2; Ati~tivuE 493164 FORT PIERCE, FLORIDA 33450 t~0 ,M. I 1 P!i t~ 51 FIKEC ~ s Cait~t~ ~ ; ~ 5 a~1r~A~ - fXE f~RfAAT f~lltt ~ a00K JJ5 PAGE RECORO vEal~tEtl - 3 { ,Q~.