HomeMy WebLinkAbout0824 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. it 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 all reasonable
expetues incurred by Lender in enforcing the covenants and agreemenu of Borrower contained in this Mortgagc and in
enforcing Lender's remedies ss provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's [tes; 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 it
no aceekration had occurred.
20. Aadgaraeaf of Reatst AppiNaseM 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 tint 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
i
bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. 7tre receiver shall be liable to account
only for those rents actually reoeeved.
21. Fotere Ad~a~cea. 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 sceured hereby. •At no tinx shall the principal
amount of the iaclebtedru~s secured by this Mortgage. not including sums advanced in stxordance herevrith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS
22. Release. Upoa payment of all sums secured by this Mortgagc. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU coat: 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 say,
which may be awarded by an appellate coed.
I I7'NESS WHEREOF, Borrower has executed this rtgage.
Si ,scale and delivered
in t presen of:
_ Harold Wayne Wagner
..........:...............................(Seal)
-eo.~..
STATE OF FLORIDA, .......St.. l.uci~e .......................County ss:
I hereby certify that on this day, before me, an officer d~myy ~t~thgfized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared. H8)"O1. , ,WWdyne Wagner, , , , , , , , , , , , , , , , , , , , ,
to me knowpp to be the person(s) described in and who executed the
foregoing ' • ument and acknowledged before me that.. t1.e .........executed the same for~the purpose therein
expressed.
~ r • 17th
' '-~=f- - and official seal in th t and state aforesaid this... .............day of
I
~ ~ ~ 19.......
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' 11iMf ORAL tn6. tndOfBwRt rES 1
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~ - - f Port St.I~ucie Sunk
900 E. Priria v~ata .
Port St. Lucie, Florida 33452
(Spay Below TAia Tina Rasanad it
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FILEO AND RE~G".7E0
€ sLLUCI~ : G'. `t i ~ FLA.
REC. , v
NQV S J 45 pu '80 •
SU59'72
BOOK342 P~c~ X24
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