HomeMy WebLinkAbout1022 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 Futtue Advances, if any,.had no acceleration occurred; (b) Borrower cures
all breaches of any other oovenaata or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
ezpen:es incurred by Lender is enforcing the eovenagts and agreement: of Bonower contained in this Mortgage and in
enforcing Leader's remedies as provided in paragraph 18 hereof, including, but not limited to. reasonable attorneys fee:; 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': obligation to pay the sums secured by this Mortgage :hall continue unimpaired. Upon such
payment and rate by Borrows. ibis Mortgsge and the obligations secured hereby shall remain in full tome and eQect as if
no acceleration bad occurred.
M AadgweN of Reds; AppobtsrteM of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower :hall, prior to acakration 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 of abandonment of the Property, Lender shall be endued 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 ttr:t to payment of the costs of
management of the Property and collection of rents. including, but not limited to, receiver's fag. premiums on receiver's
bonds gad reasonable attorney's fees. and then to the sums secured by this Mortgage. 7Le receiver shall be liable to account
only for those rents actually received.
21. Frstrre A~aaces. 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 Mortgage, not including sums advanced in accordance hetewitb to protect the
security of this Mortgage, exoad the original amount of the Note plus USS...""'--"-""-'-"""'
Z2. Reliease. Upost payment of all sums secured by this Mortgage. Lender shall release t6is~Mortgage without charge
to Borrower. Borrower shall pay aU costs of recordation. if any. ~ i° -
23. Attorsiey's Reece. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's .toes, if any,
which may be awarded by an appellate court.-
IN WITNESS WHEREOF, Borrower has executed this Mortgage. -
Signed, sealed and delivered
in the presence of:
c~ `r ~ ar1'... _ ~ . (Seel)
~O. Robert Wisdrna -ao~row..
.
• (Seal)
~.~~~~y~l,~-1
Syly a Wisdom - -ea.ow..
STA?E OF FLORIDA, St. Lucie . . . . . . : . . ..~~ty .
i hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the vounty
afore~sid tQ take acknowledgements, personally appeared.. O.. Robert, Wisdom, arxl Sylvia, Wi$dom~, , , , ,
his wife
to me known to be the person(s) described in and who executed the
II foregoing instrument and acknowledged before me that ..they .......executed the same for the purpose therein _
lei expressed.
30th
WrtNESS my hand and.official.seal in the county and state aforesaid this......... ..........day of
.$~B~SI~r 19$Q.
.
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