HomeMy WebLinkAbout2354pnar to cnuy of a Judgment enforcing this Mungage it tat Bormwrr pays I ender all uum which would Ix then due under
this Mortgage, the Note and notes securing Future Advances, -f any, had nu accrlrration -KCUrred: Ihl Harrower curet
,.II hrrachrs of any other covenants ar agrerntrnts al Horruwrr cancuned in this Mortgage: Ic) RorroNCr pays all reasonable
evprnses utcurred by Lender in enforcing tttr covenants and agrcemrnh al Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 1 x hereol. including, but not hnntrd tu, reasonahleattornry's fees: and
+dl Borrower takes such action :u Lender may reasonahly reyu-re to assure that the I+en of this Mortgage, Lender's Interest
ut the Property and Borrower's ohligahon to pay the sums srcurcd by this Mortgage shall continue unimpaired. Upon such
paymrm anJ cure by Borrower, this `tongage and the ohl+gatians srcurcd hrrehy shall remain -n full force and effect as it
no accrleraUan haJ occurred.
20. Assignment of Rents; Appointment of Receiser. As adduiunal security hereunder, Horrowcr herrhy ss+gns to
I ender Ihr rents of the Pmperty, provided that Hurn~wrr shall. prior to acceleration under paragraph Ix hereof or abandon-
nt~nt of the Property, have the right to collect and ret:un such rents as they hec~~me due and payahlc
l'pon aecelcratian tinder paragraph Ix hereof or ah:utdonntrnt of the Prapcm. I.rndcr shall he rnatled to have a
re:eiver aplx-intrd by a court to toter ulx.n. take Ix,ssrs,+rtt of and ntanal;r the Property and to collect the rents of :hr
Pr, petty, including thaw past due All rents a~llected by the retirtver .hall fk applied tint to payment of the costs of
m,utagrment of the Property and rullrctu,n of rent.. u-cludmg but n..t I+mited to, rereivrr's Iris. prem+ums an rccris•er',
hoods and erasunahle attorney's tees. and then to Ihr sums srcurcd h) th+s Mortgage. Thr re~eiser shall he I+ahle to •rca~unt
~ath• t..r those rents actualh received.
21. Future Ad~ancec. Upon reyurst by Horrowcr. 1 ender. at 1 ender', option within twenty years from the date of th+s
\lurtgagr, may make Future Ads•ancrs to Barrows Such Future Advances. with interest thereon, shall he secured by thn
Mortgage when evidenced M• pronusson n-aes stating that sa+d notes are srcurcd herehy. At nu ame shall the princ-paf
,~ntount of the mdrhtedness ,reared by this Martg.-ce. n~+t utcluding ,ants advanced m accurdanrr herewgh In pnnect the
~ecunts ul this Mortgage, eviceed the original amount of the \ote plus t'SS 25, ~~~. ~0
22. Release. Ulx-n payment of all sums secured h}' th-s Mortgage. Lender shall release this Mortgage without charge
'~~ &trruwcr Horrowcr sh:dl pa) all costs of reaxdatum, it am.
23. Attorney'+ f•ers. :1s used in this Mortgage and m the Nate. "anornry's fees" shall utclude attorney's ftes, +f any,
.~ htch Wray tx awarded by :tit appellate court.
IN WtTNF.SS ~VHI RLOF, 13ofrower has ere.utcd this vlortgage.
signed, sealed and dcl• err AXC I ON CONSTRUCTION CO , ~'t•:"'•'
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tit rc-cnccof: .
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LOU L S E 0 ~
-r ,
(Seal)
514259 ~°"°'""
(Seal)
-Bor-ower
1980 OTC 11 P:°, 2= 40
(Seal)
Flt-EC aNf FECOt~t-f 0 -
ST. WCIC COi1N T Y. f l A. ~O~O~"er
R06ER F'OITRAS
CLERK CIRCUIi•C
~
(Seal)
R[CCFft ~ ERti u^ -Borrower
S (ATF OF FLORIDA, ST. LUC I E ('aunty ss:
( hrmhc certify that tin this day. hefure m.•, an --thcer duly authorized in the state aforesaid and in the county
:-fore~aid to take acknuwh:dgements, personally appeared
LOUIS NOA AND LOUISE NOA, HIS WIFE
OF AXCION CONSTRUCTION CO., A FLORIDA CORPORATION
, u. nu known to Ire the prnunl s) described in and who executed the
foregoing instrument and acknowledged before me that THEY executed the same fur the purpose therein
xpressed.
Wt7rtt=_ss my hanJ and official ,cal in the county and stag
DECEMBER ,19 80
`ty Commis iw~ r
.. T. rf i ~i
r ,~r~TA :; ::
- y-s. ~ ''.~v
.......•
`.~
.~. .MCA
aforesaid this 9TH day of
1~
Note t~° Male of Flericta at Large
~Y Commiuion E:tpiros Morcb 23, 1931
(Spsce Below This Line Resenld For Lender sod RecorGer)
FtOR10A DOCUMENTARY STAMt~S AFFIXED TO ORIGINAL NOTE AND CANCELLED
a~~x 344 P~~E2~353