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prior to entry of a judgment enforcing this Mortgage if : 1 a 1 Borrower pays lender all sums which wauld~he then due under
this Mortgage, the Note and notes securing Future Advances, if any, had no :+cceleratian occurred; Ih1 Borrower cures
all breaches of any other covenants or agreements of Borrower,contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph IH hereof, including, but not limited to, reasonable attorney's fees; and
Id) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender'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 force and effect as if
no acceleration had occurred.
20. Assigttmeat of Rents; AppoMtment of Receiver. As additional security hereunder, Borrower hereby assigns to
lender the rents of the Property, provided that Born~wer shall, prior to acceleration under paragraph IR hereof or abandon-
ment of the Property, have the right to collect and retain such rents as they become due and payable.
Upon acceleration under, paragraph IR hereof or abandonment of the Property, tender 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
hunts and reasonable attorney's fees, and then to the sums secured by this Mortgage. 71te receiver shall be liable to account
only for those rents actually received.
21. Future AdYancea. 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 Future Advances, with interest thereon, shall be secured by this
Mortgage when evidenced by promissory notes stating that said notes arc secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums adv ce in0ac~q~dance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS ~ .
22. Release. Upon payment of all 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 m 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
in the p esence o .
+
d . rrii - (Seal)
• • -6orrow~.
Eliza a rni ............~~Sc~)
STATE OF FLORIDA, .......Indian River , , , , , .County ss:
1 hereby certify that on this day, bLfore mc, an officer duly authorized in the Mate aforesaid and in the cotutty
aforesaid to take acknowledgcmcnts, personally appearecf...JOe . 0.. E.rrii .8nri .Elizabe~h• • - • •
. FX't1a.~. h1S..W~~~ to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that t21ey ......executed the same for the purpose therein
expressed.
i
i WITNESS my hand Julfficial seal in theBcOunq• and state aforesaid this....... 30th ...........day of
........................Y.......,19.
E My Commission expires: ~ ~
i~~?p.
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[Sea1J Notary Pubht ~ ~
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I NpTARY PU9LIC STAn OE F<C)RIDl1 A? URGE - ,
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M( COtAt._ISSfOt! ExPIffS iULY 23 1984 ~ 4 C
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(Space Below This Line Reserved For lender and Recorder)
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1980 AUo -4 PN ~ 34
t
ST
l~ E
COUNT
Y
~ A.
ROGER pptTRA~
g CLERK CIRCUIT COURT ~ ~
~ RECORD RtFtEO__
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ao~K X36 Pa~E 158