Loading...
HomeMy WebLinkAbout0377 yy ` I ~wa~~ ,1~~~ 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 rIO acceleration occurred; (b) 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 o[ Borrower contained in this Mortgage 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 tuns by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if no acceleration had occurred. 2A. AssigaaleM o[ Rests; Appointment 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 colhxi and retain such rents a: they become due and payable. Upon acceleration under paragraph l8 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a rnttFt 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 bonds and reasonable attorney's foes, and then to the sums secured by this Mortgage. 'llte receiver steal{ be liable to account only for those rents actually received. 21. Future Advsaces. 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 advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS............ 31 ~ ~QQ.00...... _ 2Z. 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. 33. Attorsey's Fees. As used in this Mortgage and in the Note, "attorney's fear" 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 sad delivered in the presence of: - 'Anna May 'Steel' --eo.rorre< St. Lucie .Count ss: STATE OF FLORIDA y I hereby certify that on this day, before; me, an offrcer duly thorized 'n st a of esaid and in the county afo esaid2~ to ac owledgements, personally appeared ~~.ee~. etti~ • • • - • • • • - . Inns M8y ~tee~`... • . • • . . _ , to me knowntt~~ the person(s) described in and who executed the foregoing instrument and acknowledged before me that ..............executed the same for the purpose therein expressed. - 1/ _ W NESS my hand and official seal in the c~ my and state aforesaid this......... ~ ~K ..'......day of 19..8.... My CommissiatLexptres: _ `~~~1NIHINIHr~ ~ • v . ,rah t~M~/at~~~~~~_ ~t Notary LION A. FISCHBt 1m ~w+«w,•• Notary Public Kert Ccvnty, Midslpan . _ r 7~? My ~'~nunlssion Exphes lanuMy 9, t90d ~s pTA~¢- s t> ~'s ,a ~ . .i. aY•~. tn.; ' ~ ~4 titi.-7~~. . • r ~ • (Spate Below This Line Reserved For Lender and Recorder) e - t930 SEP 22 Pz~ ~ 24 ftLEll pttC F`-COa~tO i S1.t~lE GOUNtY.FII?• g POyLR PORRAS ( CLERK CIRCUIT CCUR1 D P RiG(1ROYERIF't~- 50041'7 X339 p~ 3`~? - - -