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HomeMy WebLinkAbout0850 ~ l ij i ~ i't 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 no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower,contained in this Mortgage; (c) Borrower pays a!1 reasonable expenses incurred by Leader in enforcing the covenants and agreements of Borrower contained in this Mortgages and in - anforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to. reasonable attorney's tees; and (d) Borrower takes sut:h action u Lender may reasonably require to assure that the lien of this Mortgage, Lender's interat in the Property and Borrowec'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 [ult force and effect as if no acceleration had occurred. - 20. Atssigaaleot of Reatst AppoiWateat 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 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 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 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. 'ille receiver shall be liable to account only for those rents actually received. - 21. Rutnre 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 interat thereon, shall be se¢urcd by this - Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtednexs secured by this Mortgage, not inchding sums advanced in aceordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS............ 22, SAQ.Op...... 22. Release, Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay ail costs of rernrdation, if any. - 23. Attorney's Fem. As used in this Mortgage and in the Note, "attomey's foes" shall include attorney's foes. if any, which may be awarded by an appellate court. - - IN WITNESS WHEREOF, Harrower has executed this Mortgage. Signed, sealed and delivered in the presence of: r . r .~.~~~,~C~~/. ` . J Seal . ~ ~ Narren l~: ~ ~totnme ~t;~-K~ ' ' He~eri 'Somme ...(Seal) STATE OF FLORIDA . . St..Lucie . _ . , , , , , _ . ,County ss: I hereby certify that on this day, before me, an officer duly ~~orized~n ~c state afodesaid and in the county aforesaid to take acknowle . etnents, ovally appeared....... , , rev ottlme an _ _ ..Helen M. Rohe,. ; , , . to me known be the person(s) described in and who executed the foregoing instrument and acknowledge .fore me that... t~y......executed the satne for the purpose therein expressed. - . j • WxN4~is py hand and official scal in the county and state aforesaid this . ........day of My Commission expires: NOTARY IUdL I C STATE OF FLCNt I DA AT LARiGE _ , r, Jt,,~t,~:u G~ _ ISwq MY COi.1M15510N E.tPIeES 1utvE 21 198.E ~ ~ ' ~ ~ ~ ' ~ ~ ~ ' ' ' dptdpE,Q jtllttl GFNERAI. ?NS* UNDERWRITER;..' Wotary Public - , -.~4~., - ' r ~a ~ ' - ~t.~4 • ` (Space Below Tbis line Reserved For Lender end Recorder) -"r e~~ 22 a s7 r~ c- ~ r:iii s bj LUC1[ Ctil!`t1Y.Fi s ~Lfi PQI7Rr.5 [ CLERK CInCL'IT CGI,'R~Q 1 K:- ~^sF C~ ~ t . . I ~ . 504238 f - ~ l soox341 PEE 850 _ - 3 - - - - ~_r , a