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HomeMy WebLinkAbout0576 ' ~ t - :t prior to entry of a judgment enforcing this Mortgage if: lal Borrower pays Lender all sums whkh would he then due under this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred: Ih) 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 1R 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 secured hereby shall remain in full force and effect as if no acceleration had occurred.- 20. Assignment of Reat:; 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 1 R 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 cOgrt to enter upon, take possession of and manage the Property and to collect the rents of the Property, including those past due. Alf 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 fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. 21. Fnture 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 M rtgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS • • • • - 2?, S.OO.OfI 22. 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. ' 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 cxccuted this Mortgage. Signed, sealed and delivered in the presence of: r~ , W ) V • WE H . ~IO1tRIS ~ --sorrow.. . ..R-t: . J IIYE C . lyiOltltlS • -eo.row.r STATE OF FLORIDA, ST.• LUCIE• • _ • • , . • , , • • , , • • , , , • ,County ss: I hereby certify that on this day, b~:fore m~, an officer d~ulyy authorit~ed in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared. {iESLITY, A.: MORRIS and .JEANINE C: , . • • • , • , , , • • -MORRISs- )ti-s -wife- • • • • • • • - • • • • - • to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged befurc me that....tliey......cxccuted the same: for the purpose therein expressed. ~I WITNESS my hand and ott'icial seal in the county and state aforesaid this......22Pa• .............day of ` Se tember - P. 19..80... My Commission expires: ~ dY1/~~/~ ~n~tDAA7LA~ .J~..,,..IY' NptAAY P"~~f',jc - ~t 1733 Notary Public r.~t G~ ..Y_-% ...•~~L L.1i:L::1:R1[EAS~~ , I:.kv ~ - q ; ~ = - ~ ~~;~~!I `"M~_ • - (spsce Below This Line Restrved For Lender snd RecoMer) "•.~1l~ ' ~ ' .1 AA4~.. ~E: . - 194 SEP 23 A'+ i1~ 34 i!LEC RNL' ~ , l Si: LUCtE COLL. i Y. f t A i - ROGER POtTRAS CtERtt CIfICt)tT CCC N-C•..v:p~f~ED-- - - 500520 ~a, ~t l,g ~~e,~sa`d - ~p~~ol~ }°'d~O~ ' ' 8(339 pug 57S , . . _ _ .