HomeMy WebLinkAbout1455 - S ~ r.w , ~ ~ t
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prior to entry of a judgment eaforciag this Mortpge if: (a) Borrower pays Lender all :ums which would be then due under
thk MortPBe, the Note sad rota securing-Future Advances, if aay, had ao aocekration occurred; (b) Borrower curs
ail brotelsa of aay orbs ooveryats or agr~oentent: of Borrower contained is this Montage; (c) Borrower pays ail ressoaabk
expenses incurred by Leader is eaforcint the oovenar)ts and atreemeats of Borrower contained in thb Morttaga and is
eaforciat [.cadet's retnodia ss pmovided in paratraph 18 hereof, includint, but not limited to, reasonable attorney's tat; and -
(d) Borrower takes such action as Leader may reasonably require to assun that the lien o[ this Morttate, Lender's lateral
in the Property sad Borrower's obGption to pay the sums saured by this Montage shall continue unimpaired. ~Jpon such
payment sad cute by Borrower. this Mortpte sad the obli;ations secured hereby shall remain in tull torts sad eRect as if '
ao aocelentioa had occurred.
M /lttitw~eM of ReNq A~oidtseat of Recdvet. As additional security hereunder, Borrower hereby assigns to
Leader the rent: of the Property, Provided that Borrower shall. prior to acceleration under paratraph 18 hereof or abandon-
ment of the Property. have the ritht to collect sad retain such rents at they become due sad payable.
Upon acoeleratioa 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 raeiver
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bonds sad reasonable attorney's fees, and then to the sums secured by this Mortgage. 'Ibe receiver :ball be Gable to account
only for those rents actually received.
21. Fsr~re Aivaaea. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Stich Future Advances, with interest thereon, shall be secured by this
Mortgage when evidenced by promissory notes stating that said notes are segued hereby. At no time shah the principal
amount of the indebtedness secured by this Mortgage, not including sums advaaood in aocordanoe herewith to protect the
security of this Mortgage. exceed the original amaunt of the Note plus USS...~"-------------r----------
22. Release. Upon payment of all sums secured by this Mortgage, Leader shall release this~Morttage without charge i
to Borrower. Borrower shall pay aU cosh of recordation. if any. !
23. Attoraey'~s Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees, if soy,
which may be awardod by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of: - t
Mar t3eis r -Yo~rowr
tea: r... ~ . (Seal)
.Marie A. Geisel - -a«~ow.. t
~ -
J St.. Lucie
$TATB OF FI[.ORiDA, .........................COIJnty St:
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i ~ - I hereby certify that on this day, before me, an officer duly authorized is the state aforesaid and in the county
' aforesaid to take acknowledgements, personally appeared. ~r~~4. A~..Ci~~S@~. SJtd .Marie. A..Geisea.w .
his, wife , , , , , , , , , , , , , , , , , , , , , , to me known to be the person(s) described iri arld who executed the
foregoing instrument and acknowledged before me that ~heY ......executed the same for the purpose therein t
j expressed. - .
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WITNESS my hand and official seal in the county and state aforesaid this......... Ztnd ...........day of
i .....~tol~e; lg$Q..... ±
IV~y.Cavgpmisslon expues: ~ •~~~~C~~ s, l • ~
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LED AND RECORDED '
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