HomeMy WebLinkAbout1702 _
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prior b entry of a jttdpaent enfordas ihb Mortpse if: ta) Borrower pays Deader ap stuns which would be rhea due under
this Mortp~se, the Note sad notes eecurirts IRtttura Advances. it any. had tw aooelerstion occurred: (b) Doeraever curs
all breacltee of any other oovatsnb ar a8reealeub of 1lorrower ooataiaed to this Mortsye: (c) Borrower pays sU ressoaable
expa»es incurred by bender in eoforrias the eov~eattgb and a~reerrteab of Borrower contained Lt this Mortsye sad in
attordns Feader~s remedies a provided in pantsraph 18 hereof. iltcltdias, but not Wntted to, teasoasbia attortteyls tea: and
' td) eorcower take such action as bender Wray reaaoasbly require b aastere that the lien of this MatMBe. Fender's tateteet
is the Property and Bor'rower~ obiisatioa b pay the sums sxurod dy this MoRssse shag eondmes nnintpsired. Upon etacli
payraatt and cure by Borrotrec, fhb Mortpse and the obliptioas secured hereby shsti terttsin is tali fora sod eReet ss it
no acceleration had occurred.
Asryassestt of ~~l Allolatwaef et Reeeivee. A: additbaal secteity hat:teader, Horr~ower hereby assisas b
I.atder the nab of the Property. provided that Borrower shalt. prior to sooekratiat under psresraph is hereof a abartdon-
meot o[ the Property. love the risla b collect sad retain such rents at they become due sad payabb. '
Upon aeoeleration under parasnph 18 6er~eof or abaadoarrtatt of the Property, t~ertder shag be eatiNed to haw a
receiver appointed by a court to enter upon, take popessioa of sad manage the Property and b collect the nab of the
Property, iacludins those past due. Ali rails ooilected by the receiver shall be applied Arst b paymeaC of the eoeb of
maoasemeat of the Property and eollectioa of r+atb. iacludins, but not limited to. Waiver's fees, praaiuats oo receiver's
bonds sad reasoaabie attorney's fees. and thee to the sums secured by this Mortsase. 'Ibe receiver shall be liable b aooouat
Daly for those nab aeQtally received. .
'21. Ferrite Ativaiaoee. Upon request by Borrower. leader. at i.eader': option within twenty yeaca from the dab of this
Mortsase, may make I?Ltw+e Advances to Borrower. Stich Future Advaaas, with itnerat thereon, shsp be secured by this
Mortsasa wltea evidenced by promissory notes status that acid notes an sxured ha~eby. At ao fleas shall the priadpal
antouat of the indebtedoas secured by this Mortsase, act iacludias wet: advaaoed in aooordaaoe herewith b protect the
aoe,trity of this Mortssse, exceed the orisiaai amount of the Note pies US:.. .
IRalelea. Upqa payment of all sums secured by-thin Matsase, Calder shall rWeaae this Mortsese without chaise
to Borrower. Borrower shall psy all ooab of reoordatioa. if any.
2s.. A1leeley's Feee. As wed is this Mortgasa and is the Note. "attontey's fees" shall iuctude atbrney's fees, if any,
which may be awarded by an appellate couA. -
IN wm~tBSS WeBRBOF, Borrower bas executed thin Mortgage. - -
Signed, sealod and delivered
in the txeseaa of:
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-~onvrr.r
~ Ja s N. anlbr ides ,
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. ci,, .(Seal)
Beu 1 ah lamii r i n i des '?°"O1M"
STATB OF FLORIDA, ~ ~ r . 1-~i4ie .........C.ouaty sr:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to talcs acknowledgements, personally appeared.Jamet:. l~l..Lambr:i~ide:t:• altd .Beulah. .
1-plRbrl~ld~S.,. h[S.br1 f~ to me knovrrt to be the person(s) described in and who exoeuted the
foregoing iostrumeat and acknowlodged before me that... tbe~y.......executod the :ante for the purpose tbett:in
ezpressod.
WtTNBSS my hand sad oflicisl seal in the rnunty and state aforesaid this..... ~ 4~h - .day of
19..80.
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~ : t 4 ~~y _ Mnrary tYrbac Sroh d Feorr/e .
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~ CHICAGO -f:
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2717 O~,A;~G4 F+v•.,.'+'~~~
FORT PIERCE, FLO?~IDA 33450
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