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HomeMy WebLinkAbout0499 w , ,~,,fi~tt prior to entry of a jttdgmeat enforcing thin Mortp~'If: fa) gor er~pays Lender all sums which would be then due under thh Mortgage. the Note and Hofer securing Future Advances,~~iny, hsd no aealeration occurred: (b) Borrower cura all breaches of any other covenants~or~gr+oetnents of Borrowgr ca(tuined in this Mortgage: (c) Borrower pays all reasonable expenses incurrod by bender in enforcing the covettatfta and `agredmeats of Borrower contained in this Mortpp and in enforcing Lender's remedies as provided in paragaph 18 hereof. including. but not limited to, reawnabk ariorney's fees; and (d) Borrower takes such action ss Lender may rp?sonablrrequire to s::ure that the lien of this Mortpge. Lender's interest in the Property and Horrowar~s obligation to pay the sums secured by this Mortpge shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obliptions secured hereby shall remain in full force and effect as,1f no acceleration had occurred. ~ 20. AsdgnareN et ReNsl AppolMsnt of Recdver. As additional security hereunder, Borrower hereby assigtts to Lender the rents of the Property. provided that Borrower shall. prior to socekration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect snd retain such rents u they become due and payable. Upon acoderation under paragraph 18 hereof or abandotunent 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 peat 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 bn receiver's bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. The receiver shall be l~~le to account only for thane rents actually roceived. 21. Ftsttrce Aivaetes. Upon request by Borrower, lender. at Lender's option within twenty years from the date of this Mortpge. may make Future Advattcea to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by prorr?issory notes stating that said notes are secured hereby. At no time shall the principal amount of the indeMedt>as secured by this Mortgage, not including sums advanced in aooardanoe herewith to proteM the security of tha Mortgage. exceed the original amount of the Note plus USS. 22. Rciese. Upgn payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay ap costs of rocordatan. if any. 23. AttorsKy*s Fees. As used in this Mortgage and in the Note, "attorney's foes" shall include attorney's fees. if any, which may be avrarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered . in the Dresenoe of: .......................(Seal) Jacinto ~Escalona -eonow.~ Mar nda Esc •ona -e«~o~w. St. Lucie .Count STATE OF FLORIDA y I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared. Ja~:tutto. Escalona. and 1rlarylirtda .Escalona, ,tlj.$, yri~~ , , , , , , , , , , , , , , , , , , , , to me known to be the person(s) described in and who execut ~l foregoing instrument and acknowledged before rrte that.. t:hey........executed the same for the purpose therein expressed. WITNESS my hand and official seal in the county and state aforesaid this..... 9~~ ...............day of .....September 19.80.... ~ ~ My trgplntission expires• S~ :3 ~ J - Ne~on? rabic swt. of Noride r"' of larq~. My Cos~sirion ExplrN ~ ~ Morch 7, 1982 ~ i n (Spice BNoa TI?is LaN R~sMV~W For tender and R~cordeq to ~t ~ 19?0 OCt -7 a SS ~YC~t-~~•J •]•Jiar:li ~;,~il ~ i~~.~. ~JY.IIIiJ ~i.EC ant F= t:akvr o Si. LtfClf COUl1 • Y.I t A. ROGER PGITRAS CLERK CIRCtIIi COtit? . ~ 8001 ~ p~6f ~~F.. < ~ -"s' S