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prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then duo under
this Mortgage, the Note and notes securing Futuro Advances, if any, had no acceleration occurred; Ib) Borrower cures
all breaches of any other covenants or agreements of Borrower,contained in this Mortgage; (c) Borrower pays all reasonable ~
expenses incurred by Leader in enforcing the covenants and agreements of Borrower contained in this Mortgages and in ~
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and
(d) 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 secttre~ hereby shall remain in full force and effect u ii
no acceleration had occurred.
20. AssigtteaetN of Reatq Appoisttueat 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 :o collect and retain such rents as they become due and payable.
Upon acceleration under paragraph f 8 hereof or abandonment of the Property, Lender shall be entitled to have a ;
receiver appointed by a cogrt to enter upon. take possession of and manage the Property and to collect the rents of the `
Property, including those past due. All rents collexted 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
bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. 'ilte receiver shall be liable to account
only for those rents actually received.
21. Future Advaecea. Upon request by Borrower, Lender. a[ 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 evideac:ed by promissory notes stating that said notes are secured hereby. At no time shall the principal__ _ - .
am6unt-ottheindebtedness secured-by-this-Mortgage,-not-inchrding-sums-a~ivattced-in-aoi:ordance herewith to pretext the
security of this Mortgage, exceed the original amount of the Note plus USS .............21.,.550.AQ".....
` 22. Release. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all coats of recordation, if any.
23. Attorney's 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.
Signed, sealed and delivered ,
in the resence of:
;~~~i~ic•R L~F:w~:`~ .................(Seal) i
Charles J. Ste//p77rrhens ~or.ow.r
. ,l;/, : (Seal) 1
' ' ' ' ' ' ' ' ' ' ' Carol . ~ Stephen8• -Borrower
St. Lucie .Count ss:
STATE OF FLORIDA y
I hereby certify that on this day, before mc, an officer duly a ho d i th tat aforesaid and in the county
~~tar~es ~~,eptt
afor aid to tale ack owledgements, personally appeared ens and •
i ~arol• A.• ~tep~ietzs . • • _ , , , to me known be the person(s) described in and who executed the ~ t
foregoing instrument and acknowledged before me that......ey......executed the same for the purpose therein
expressed.
4th
• • WITNESS my hand and of6cial•seal in the county and state aforesaid this... .................day of
•Septel~ • 19..80.. ;i
`i
My Commissll6~p[t~~ Sj~`~ O` S~I:tD 2t t sum ' 1
IAY nMt»iGV i ~ftWillTff?i-. ...........................t
[s•el D~ GEt1ERAl a
Notary Publie
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(Space Below This line Reserved For Lender snd Recorder)
1960 SEP 1.0 Ale 56
Fu.EO aENG FECCSaEo
/ 5 ROGER
PO,TRASA~
CLERIC CIRCUI? Ca
. ~ 498840
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BOOK PdGE F
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