HomeMy WebLinkAbout2035 ti00 E. Pray Viga
Port t.ucia. Florala 3345?
prior to entry of a judgment enforcing thk Mortpge it: (s) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances, if yny, had rto acceleration occurred; Ib) Borrower cures
all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurrod by Leader in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender
i remedies u provided in paragraph 18 hereof, including, but not limited to. reasonable attorney's fees; and
(d) Borrower takes such action u 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 etiect u it
no acceleration had occurred.
20. A~uteM of Reatst Appolatraeaf 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 u 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 put due. All rents collected by the receiver shall be appliod first to payment of the costs of
management of the Property and collection of rents, includeng, but• not limited to, receiver's foes. premiums on receiver
s
bonds and reasonable attorney's feat, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for thane rents actually received. ,
Tl. Frrttrre Advances. Upon request by Borrower. Lender. at Lender's option within twenty years from the date of this
Mortgage. may make Future Advances to Borrower. S1rch Future Advances. with interest thereon. shall be secured by this
Mortgage when evidenced by promissory notes stating that said notes arc secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage. not including sums advanced in accordance herewith to protcet the
security of this Mortgage, excxed the original amount of the Note plus USt..........
22. Release. Upon payment of all sums secured by this Mortgage. Lender shall ukase this Mortgage without charge
to Borrower. Borrower shall pay cep costs of recordation. if any.
Z3. Attorney's Ftes. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney`s fees, it any,
which may be awardod by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presettce of:
Richard M. Buckl ~ -a°"~°~"'~
..........(Seal)
Lynn .Buckley ~ ~
St. Lucie Count
STATE OF FLORIDA y
I bereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in tbe county
aforesaid to tglee acknowledgements, personally appeared~....RICHARD ,M,BUCKL~Y, ,11(1, ~YKN .Y.6UCK1,~Y.. ,
, , , , hi S, wife , , , , , , , , , , , , , , , , , , , , , to me known to be tbe person(s) described in and who executed the
~ foregoing instrument and acknowledged before mh that ,they, , . ,executed tbe same -for tbe purpose therein
i
expressed.
I WITNESS my hand and official seal in the county and state aforesaid this...... 4th .............day of
.....November 19....... -
My Commission exptres: l.... Z~~.
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