HomeMy WebLinkAbout0960 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 notex securing Future Advances, if any, had no acceleration occurred: (b) Borrower cures
all beaches 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 agrexmenta of Borrower contained in this Mortgages and in
enforcing Leader's remesdiesa as provided in paragraph 18 hereof. including. but not (imitexl to. reasonable attorney's feex: and
(d) Borrower takes such action at 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 as if
no acceleration had occurred. .
Z0. AadgartteM et[ Retttsi AppWaaed eft 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-
. meet of the; Property, have the right to collect and retain such rents a: they become due and payable.
Upon acceleatioa uttdesr paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to have a
receiver appointesd 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 collesetesd by the rexeiver shall be applied first to payment of the costa of
management of the Property and collection of rents. including, but not limited to, resexiver's feces, premiums on resexiver's
bonds and reasonable attorney's fese~, and then to the sums secured by this Mortgage. 7lte receiver shall be liable to account
only for those rents actually received.
21. FotMre Advances. Upon request by Borrower. Lender. at Lender's option within twenty years from the date of tha
Mortgage. may make Future Advances to Borrower. Such Future Advancers, with interest thereon. shall be secured by this
Mortgage whey evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal
amount of then indebtesdness secured by this Mortgages, not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus -USS .
?,2. Release. Upon payptent of aq sums secured by this Mortgage, Leader shall release this~Mortgage without charge
to Borrower. Borrower sbaU pay aU costs of recordation, if gay.
23. Atooney"s Fesex. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees. if any,
which may be awardext by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mort ge. '
Si ed and delivered -
in t rese e>f:
~ ~ -
r
I.. .~F~~ ...(Seal)
~ Don E. ~ -e~~...
- me
~ ............(seal)
Elizabeth C. Horner -8or'°~"`
St. Lucie
STATE OF FLORIDA . .......................................:COUnty Ss: ~ .
I hereby certify that on this day, before me, an officer d,r~, authorized in the state: aforesaid and in the county
afo to take acknowledgements, personally appeared.. , Donald, & .G1~Zabext! .G..HOrner.> .hiS.. .
II! ° 11.e to me known to be the person(s) described in and who executed the
fore instrument and acknowledged before me that.. they, . - , , .executed the same for the purpose therein
.
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(t, rtl~y"hand and olbcial seal in the county and state aforesaid this. ~~h, .day of
~ .tt,x~~~°~.: 19.. .
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. ~~~p Notary Public
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wtY GOMMIS1O11 !>•1!S Ate. t3 telhq~ g1)
t1O1~ Atlt<I SAL 1r6. tR~RMRI TER~.~
(Sr/soe 8eeow This line ReMrved For lends. and ReDOrde11
s 504295 .
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