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HomeMy WebLinkAbout1431 ~ ~ 1 ~ prior ry ludgrneat enforcing this Mortpge if: (a) Borrower pays Lender all sums which would be then due under to eat of ~ ' this Mortpge, the Note and note socuring Future Advances, if any, had no acceleration occurred: (b) Borrower curs ' ali breaches of any other eovptants or agreements of Borrower contained is this Mortgage: (c) Borrower pays ail nawnabk expenses irtcurrod by Leader is eafor+cing the oovensr)ts and,agraments of Borrower contained in this Mortpp and in enforcing Leader's remedies at provided in paragraph 18 hereof, including, but not limited~to. reasonable attorney's fees: and (d) Borrower takes such action as Lender may reasonably require to assume that the lien of this Mortpge. Lender's interest in the Property and Borrower's obliptiat to pay the sums secured by the Mortpge dtaU continue unimpaired. Upon such payment and cure by Borrower. this Mortpge and the obliptioru secured ~tercby shall remain is full force and eQect u if no acceleration had occurred. Aadga>.sgrt o[ R~ A~oiaxaleM of Receher. As additional security hereunder, Borrower hereby assigas 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 :uch rents u they become due and payable. Upon aoorkration 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 rcaeiver :hall be applied first to payment of the costs of ~ management of the Property and eolkt:tion of vents. including. but not limited to. receiver's fee:, premium: on receiver's bonds and teasoaabk attorney's fees. and then to the sums secured by this Mortpge. 'ILe receiver :ball be liable to account only for those reab actwlty received. 21. Ftrttlre Airaiat~ea. Upon request by Borrower, Lender. at Lender's option within twenty years from the date of'thi: ~ Mortgage, may make Future ~Advanoes to Borrower. Such Future Advances, with interest thereon, shall be secured by this 1 Mortpge when evidenced by promissory notes stating that said notes arc secured hereby. At no tune sbali the principal amount of the iadebtedrress secured by this Mortgage. not including sums advanced in aooordanee herewith to protect the security of this Mortgage, exceod the original amount of the Note plus USs, ..Trr.~,-.~rev.••.rr,+t..•r.•~~~~ 2Z. Rdsaaa Upaa payment of all sums secured by this Mortgsge. Lender :hall release this Mortgage without cbarp to Borrower. Borrower shall pay aU costs of recordation, if any. 23~. AUorsiey'!s Fen. As usod in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees, if any. which maybe swarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, and delivered in the of: Y ~~!~!"~1i0 ~ ) Williaw F. Marchese -a~~ ~ - .....(Seal) -eonwnr STATE OF plU ..CVt1it~Cct.~CV~..~..lC~~rl~~~l!~-.~.~wrs7ti~: f I hereby certify that on this day. before me, an officer duly authorised in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared... A[~l~i~. F.•..N1at;Ch~~.~~ .a0. PI1AWt;X~t'ti..... . .tttdp to me known to be the person(s) described in and who executed the foregoing instrument sad acknowlcdgcd before me that .......he .....executed the same for the purpose therein expressed. ~ i WITNESS my hand and official seal in the rnunty and state aforesaid this......... $t11...........day of E ....Sep~aher 19.8A ~ s ~ M~? Commission exptres: _ ~ } t .;w i - .1,~~~+~t~~~.. . . P11tit~.' ; ! r : ~ ~ •~~~iR.~s ~ ~ ~a kwch 31,1982 s ~ ~ • ~ ~ :~tf Gr i ; r' ~ ay ~ N •1~*jj4~~'~ lspse~ ~lor Thif Ling RssMV~d Foy lerWN end R~oo~WQ ~ O~£ MORlO'1~'3~3(d 1Zi03 FILED AND RF^•CRDEO ST.LUCIE ~A~ ` : ~ • FLA. 3f1N3A11 3~N~0 LTLZ ?3CCp r^ . RFI,,,- - f! ~ , JltvVdWO~ 3~Nda(1SNI 311LL ~~1d:2 c~~r~ ~ ~ +'cu~T ~ thou 7 9 3u ~H'60 506322