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prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances. if any, had no acceleration occurred; (b) Borrower cures
all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all seasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Len~r's remedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's fen; and
(d) Borrower takes such action as Leader may reasonably require to assure that the lien of this Mortgage. Lender's interest
in the Property and Borrower': obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and coca by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
no acceleration had occurred.
20. Aasigasiseat o[ Reab: Appolatafteat of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall. prior to acceleration under paragraph 18 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 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 rcnis of the
Property, including thane past due. All rents collected by the raxiver shall be applied first to payment of the costs of
management of the Property and collection of rents, including. but not limited to. receivers fees, premiums on receiver's
bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. 'ILe receiver shall be liable to account
only for those rents actually recxived.
21. Enlace Advances. 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 are secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage. not including sums advanced in accordance herewith to protect the
security, of this Mortgage, exceed the original amount of the Note plus USS • . • • • • • • • • • • • • • • • • • • -
22. Rekafte. 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 nay.
23. Attofroey'e Fees. 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.
THIS 1S A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALLOON
Signed, sealed and delivered DUE UPON MATURITY IS $11, 390.40, TOGETHER WITH ACCRUED INTEREST
in the presence of: IF ANY, AND ALL ADVANCEMENTS MADE BY E MORTGAGEE UNDER THE TERMS
OF THIS MORTGAGE. ~
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~,~4. ~~~G?!~L~/ trt til/1 G-. :
~l (seal)
o ~ ~ E . ~ ~ier~ -6oeowa
~f~atnarie Pierce -earo«.r
STATE OF FLORIDA, .....:~r.". ~1 .....................000IIty SS:
I hereby certify that on this((( day, before me, an officer d,~~ a~~o~ m the s t~ aforesaid and in the county
of d t take ac wledgements, personally appeared.)°Kn. E. Pierce_ anr~Ilatnarie Pierce,
. ~ru~s an°~ .and, w-~fe to me know t~oebe the person(s) described in and who executed the
foregoing instrument and acknowledged before me that Y ......executed the same for the purpose therein
expressed. /
js
~ WITNESS my hand and of3icial seal in the rnunty and state aforesaid this..~! .................day of
19
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My Commission expires: ~
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a. . - -1yEiJl i1..+ t.'.: i°~ APR _ !'1::.
. , , ~ CHiCAG TI i LE INSURANCE ~ _ .~i'A.~IY
' ~ 2717 ORANGE AVENUE
f Q~ . FORT PIERCE, FLORIDA 33450
(Spate aglow This Line Resemd For Lander and Reoaded
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