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HomeMy WebLinkAbout1531 .r~.~ s ~ prior to entry of a judgment rnforcing this Mortpge if: la) Borrower pays Lender all sums which would be then duce undo this Mortpge, the Note and notes :ecttring Futum Advances, if gay, had no aoakration occurred; (b) Borrower cures all breaches of any other covenants ce agmementa of Borrower contained is this Mortgage; (c) Borrower pays sll rtmsonsbk expenses incurred by [,ender in enforcing the oovenagu and agmements of Borrower contained is this Mortgage and is enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attoraeY'a fees; and (d) Borrower takes such action as Lender may reasonably require to as:um that the lien of this Mortpge, Leader': interest in the Property and Borrower's obligation to pay the sums secured by this Mortpge shall continue unimpaired. Upon such payment and cum by Borrower. this Mortgage and the obliptions secured hereby shall mmain in full force gad eRect at if' no acceleration had occurred. 31. Aaigweat of Rests; AppolMalellt of Receiver. As additional security hereunder, Horrowtr hemby assigns to Lender the mots of the Property. provided that Borrower shall. prior to acceleration under paragraph 18 hereof of abandon= meat o[ the Property. have the right to rnllect and mtaia such rants as they become due and payable. Upon acceleration under paragraph 18 hereof or at+andonntent of the Property. Lender shag be entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the mots of the Property, including those past due. All mots collected by the receiver shall be applied first to payment of the coats of management of the Property and collection o[ rents, including, but not limited to. receiver's fees, pmmiums on receiver's bonds and reasonable attorney's fees; and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those mats actually received. 21. Frrbre Aiva~eea. Upon inquest by Borrower. Lender, at Lender's option within twenty years from the date of this Mortgage, may make Futum Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes ors secured htrsby. At tm time sha!! the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in aooordanoe herewith toprotect the security of this Mortgage, exceed the original amount of the Note plus USS..~`~~""`-"""""" 2t Reieaae. Upga payment of all sums secured by this Mortgage. Lender :hall mkase this~Martpp without charge to Borrower. Borrower shall pay aU coats of recordation, if any. 23. Attorney's Foes. As used in this Mortgage and in the Note, "attorney's [ea" shall include attorney's fees, if .any, which may be awsrded by as appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: ~.~AJ6~M.~ \~~/~dY~..... ~ 1~.. (Seal) Harry R. ~ Smf - .C~ ~ S S~ Seal, Hellevi S. Smith -ao,~o,,,.r STATE OF ~LURIDA, St.. Lucie . . . . . . . . . . .COUIIty ~ I hereby certify that on this day, before roc, an officer duly authorized in the state aforesaid and in the county _ aforesaid to take acknowledgentertts, personally appeared...~~XFY..Fit .$tP~t~ .l~.~P~~~Y~.$r. rS~4I,~?r... tW8 .M~~t' to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that..~hgY........executed the same for the purpose therein 'i ~ expressed. 4 WITNESS ray hand and official seal in the county and state aforesaid this........ 6th.. _ _ ...day of ~~y 1~~ ~ ~ ~ ~~r« " Hoary t~,wic i ~'l~ • . ~ ' ~ tiororp t~rbac Slel. of fla.lde y~ r . ~ ~ ~ 01 Lorca. My Coo ~PI?ar AAilwd~ 7, 1912 6L~~,4 ~'~.'KO,: ~1', (Space nabw This LiM Resarvad For l+endar and RaCanraq '9~0 x.0'1 -7 ~~1 39 fltfC sKf secuee:tl Si ttlClC ~~J~:Y.f?A. RGGEp f'Ji i •:,:5 rP.i ..:4~S.t :::,Fi 5063'3 _ _ _ - - -