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HomeMy WebLinkAbout1559 ,f 3 prior to entry of a judprieut enforcing the INortpge it: (a) Borrowsr pays Lender all wm which would be than due under thin MortPBa, the Note and recta securing Future Advances. it any, had ao secebration occurred; (b) Borrower cures all breaches of any other eovacants a agnerrienu of Borrower contained in this Mortgage: (c) .Borrower pays all reasonable expsases iatwrred by Leader is eatoraag the covenants sad agreanea4 of Borrower coatainod in the Mortgap and iq enforcing Leader's remedies as provided is paragraph 18 hereof, includin8. but not limited to, reawnsbk attornay~s fees; and (d) Borrower takes each action s Lender may reasonably requiro to enure that the lien of this Mortpge, Lender's interest in the Property and Borr~oMror's obiiptioa to pay the sums secured by this Mortpge shall continue unimpaired. Upon such payment and dire by Hon~ower. this Mortpp aad.the obliptions secured hereby shall rwnaia in full tome and eQect a it rio acceleration had occurred. AsslpteN e[ Resstq A~eMweM of Realver. As addhional security hereunder. Borrower hereby assigns to Leader the r+enb of the Property. provided that Borrower shall. prior to accxleration under puaraph 18 hereof or abandoa- meat of the Property. have the right to collect and retain such rash as they become due and payabb. . Upon acceleration under parapaph 18 hereof or abaadoamaiit of the Property. Lender shall be entitled to have a receiver appointed by a court to enter upon. take possession at and maaaBe the Property and to collect the rents of the Property. including those past due. All reib collected by the receiver shall be applied Ant to payment of the casts o! nuucagamerit of the Property and eollectioa of rants, including but not limited to, receiver': tees, .premium on receiver's hoods and reasoaabie attortiey"s tees. and then to the sums secured by this Mortpge. 'ILe receiver shall be liable to aecacat Daly for those lash aedialll? reo~ved. =i. Firttts~ Aivaates. Upon request by Borrower. Lender, at Lenders option within twenty yeah from the date of this Mortgage, may make Future Advances to Borrower. Stich Futuro Advances, with iaterat thereon, shall be secured by this Mortgage when evidenced by promissory notes stating flat said notes aro securod hereby. At no time shall .the principal amount of the indebtedoees secured by this Mortgap, not iachidiug sums advanced in aocorrdanoe herewith to protect the . security of this Mortpge, exceed the original. amount of the Note plus US>f.....:. ..:Q-- 28. lteieaee. Upon payment of aU sums secured. by this Mortgage. Lender shag r+eierae this~Mortgage without charge to Borrower. Botro~rer shall pay aU costs of recordation, it any.. 23. Altosrsy's Fees. As used in this Mortgage and is the Note. "attorney's fees" shall include attorney's tees, if any, which may be awarded by an appellate court. Irt Wtit~tF.ss WnettBOF, Borrower has executed this Mortpge. Signed, sealed and ddiverod in the pteseDOe of : ~ . .MERUYN J. N -ao~e..? STArS OF Fcotetn St: Lucie .......................Conncy ss: A,... I hereby certify that oa this day, before me, an oRcer duly authorized in the state aforesaid and in the county aforesaid to take acknowl ~~e rsonally appeared.......MeCYY!! .J.ti .M.jC~PtiR .ln~ . . Mil1"y..•1d0e. r~~4.. iS.1rh~6...., to me known to be the person(s) described in and who executed the .foregoing instrument and acknowledged before me that ~h4Y ......executed the same for the purpose therein expressed' - 7 Wrtx>=ss my hand and official seal in the county area state aforesai3 this......23~ .............:day of ........July i9.. ~R ~Aj t ~ Z/ ~i~ My Commission expires: ~ ~.D .ti.:; :~.~zBR ttiMQ ' ~ . Y , Alratr!? Pxblie • • • _ t '~`,a r. *n d - g ~j.. Y i i~ i,,,{ ~ . }~I • 8~ yr Notary Prrbt~e, state of Fbrida- t v ? - = ~ ~`f - Commission bcpires June 2f, ~ R- • ~ tso.o. e~.ror.~Tnrs un. Rs.n:a ~ i..nd.. n,a R.~a..t ~ . 44000 t~Y1GgT ~ 8~~35 ~~1~52 . ;