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HomeMy WebLinkAbout0516 ~ f.- ~ . 800 E. Prima Vista Fbr' St• lucb. Florida 33452 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, it 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 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 18 hereof, including. but not limited to, reasonable attorney's tees; and (d) Borrower takes such action a: 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 rnntinue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect u if no acceleration had occurred. 20. Aadgrrmeat et ReNsl Appolataseet 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 a: 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 rents of the Property, including those past due. All rents rnlkcted by the receiver shall be applied first to payment of the costs of management of the Property and collection of rents. including. but Trot limited to. receiver's fees, premiums on receiver's bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. '11te receiver shall be liable to acxount only for those rents actually received. 21. F~ Ai~!aeca. 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 iR accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS. - 22. Rdeaae. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge - to Borrower. Borrower shag py au costs of recordation, it any. 23. Attor~ey'a Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees, it say, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the pr+ese ot: ____r - F.! (Seal) ~ DONALD H . BORDER _ ~72tr!... ~..":.~~`/~[Z~;Q2(/.. .(seal) Y CTORIA F. BORDER -8or'°"""~ St. Lucie STATE OF FLORIDA .....................COlmty SS: I hereby certify that on this day, before me, an officer duly au{~orrz~d i t stag afore~d and in the county afon~aid to take acknowledgements, personally appeared was I d Fi : ~01';aEl" ,dlttl . . ~#C~4Y'?~?. F :.~4Cd~!" . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that...tbey_._.... , .executed. the same for the purpose therein expressed. - i WITNESS my hand and o8'icial seal in the county and state aforesaid this....l~tb........... .l~r~~ of SepZs~Nler 19 .$Q ~ - ''.'1 , My Commission exprns: n . ' 7 y ~0 I~il Notaep Poeiit • • . • ~ g Y~. f • . • a~. 1, ~ Nota Pub6e; State of Honda of ~ ' ~~p+ ~ My Commission 6ipires Jur» YL`-~~i - ~ ;4' , - ~t 'J' id,-3 (Space 9srow This Lins Rss~rwd FM LendN and Reoorder~ y . 50Q4~'J . 23 .~~i 3- ~:1 Fart wit ~t:~?=a ~ S1' itr.~ t~cai! ~ftA. ire t~et~tas t3.+T1R Cgtrull _COpti-R~ BOOK ~ PAGE ~1~ r_ _