HomeMy WebLinkAbout0543 prior to entry of a judgment enforcing this Mortgage if: la) 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: lb) 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 1 R hereof, including, but not limited ta, reuonable attorney's fees: and
Id) Borrower takes such action as Lender may reasonably rcyuirc 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. Assignment of Reatx Appointment of Recejver. As additional ucurity hereunder, Borrower hereby assigns to
!.ender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph. 18 herco! or abandon-
ment of the Property, have the right to collect and retain such-rents as they become due and payabk.
Upon acceleration tinder paragraph IK 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
Property, including those past due. All rents collected by the receiver shall be applied fiat to payment of the costs of
management o[ the Property and collection of rents, including, but nut limited ta, receivers tees, premiums on receiver's
twnds and reasonable attorney's tees, and then to the sums- secured by this Mortgage. The receiver shall be liable to account
only for those rents actually received.
21. Future Advances. Upon request by Harrower, ,ender, at lender c opiioh within twenty years from the date of this
Mortgage, may make Future.Advances to Borrower. Suc~ 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
anmunt of the indebtedness secured by this Mortgage, qot including sums advanced in accordance herewith to protect the
_ .ecurity of this Mortgage, exceed the original amount of the Note plus USS 12 ~ 5 ~ 0 . ~ ~ -
22. Rekase. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without chuge
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attorney's Fees. As used in this Mortgage and in the Nute, "attorney's fees" shall include attorney's fees, if any.
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower hat executed this Mortgage.
Signed, sealed and delivered
in the Dresence of: ,
s
b~~`- (Seal) ~
• ( _ • • -8o~rowsr
(Sea))
-Borrower j
. ~ ~
. (Seal)
. • -Bornow~r
~~LQ SiQ '-9 ~ 2 ~ s
.
~ i1LEC aNC FrCO+tDEO "aOfrO~'r
I SLLUCIE COLMIY.i h. -
ROGER POttRA~ i
CLERK CIRCUIT CO:i _ (Seal) z'
FECGPp t'l?Ifi4 - - - --Borrower
45k~'?"79
f STATE OF FLORIDA, ST. LUC 1 E County ss:
1 hereby certify that on this day, Ixfore me, an oflicer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared
JGHN R. CGRBETT, A SI P:GLE i•;a"'
_ f
, ~u me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that H E executed the same for the purpose therein
expressed.
W ss my nd and official seal in the county and state aforesaid this day of
~ , 19~U
~ My Commission ex tress , ; C ~ ~
p MIt~AEt R. Orr?VIS ~~~i~il / _ ~,GL±G=: ~ • • C'
Isea I -r t-e?~ , ~Y:a'
~ t fffM~ry ihlWie. f3tat~ d fl0fitr Btf~ Notary Public - ,
1 w ~M f6pns ti?.M, ~ 1N1 ~ , ry :
c~,~ ~ 1 ° t
(Space Below This LiM Reserved For len0er ufd Recorder! -
FLORIDA DOCUMENTARY STAMPS AFFIXED TO ORIGINAL NOTE AND CANCELLED
i ~
~yY ~ ~
r ~ ~ BooK~$ P~ 542
ry
r - -