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HomeMy WebLinkAbout2540pryer to entry ul a judgment enforcing thts Mongagc it : tar Burrower pays I ender all sums which would he then due under thts Mortgage, the Note and notes securing Future Advances. it any, had nu .tccelerauun occurred: (b1 Borruwcr cures ali breaches of any other cuvenanh ur agreentenh of &rrniwer runtatncd to thts Mortgage: Ic) Borrower pays all reau~nahle e~pemes incurred by (.ender in enforcing the covenants and agreements of Bormwer contained in this Mortgage and in enhucing Lrndcr's remedies as provided in paragraph 1 tt hereof, mcluding, but not hmitcd to, reasonable attorney's tens: and Id) Burrower takes such action as Lender may reasanahly reyutre to assure that the hen at thh Mortgage, Lender's interest ut the Property and Burrowers obligation to pay the sums secured by this Mungage shall continue unimpaired. Upon such payment and cure by Borrower, thi• Mortgage and the uhhgatium secured hereby shall remain in full farce and effect as it nu acceleration had occurred. 20. Assigmment of Rents; Appointment of Recejser. As addiuunal security hereunder, Borrower herchy assigns to Lender the rents of the Property, pnnided that Borruwcr shall. prior to acceleration under paragraph IR hereof or abandon- m~nt of the Property, have the right to atllcct and retain such rents as they t+ecume due and payable. l%pon acccleralion tinder paragraph I K hcrciit ar ahandunment of the Property, Lender shall be entitled to have a re.civer apfx~intcd M• a court to enter up.•n, taAe piissessiim ut and mana);e the Property and to callers the rents of The Pn•perty, utcluding those past due :~11 rcnh collected M• the rerctser shall he applittif fir,t to payment of the cosh of management of the Property and collerNun u( rent+. tncluding, but nut limited tu, receivers tens, premiums on receiver's bonds anJ reauvnahlc attorney's fees, and then to the cants secured M this Mortgaea The receiver shall be liable to account only fur chose rcnh actually received. 21. Future Advances. Ulxin request t+y llurruwer, Lender, at Lender's option within twenty yeah from the date of tha \tartgage, may make f=uture Advances txv Rurr~~w,r tiurh Future .Advances, with interest thereon, shall he secured M' This \lurtgage when evidenced M' promisson• note. statntg that said notes are soured herchy. At nu time shall the principal .uni~unt rf the tndehtedness secured by this Mortgage, nit tnrludinr; .unts advanced in aca~rdance herewith to protect the urunt} of this Martgagc. esrccd the origutal ;unuunt a( the tiotc plus t'SS 23, 800. UO . 22. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage withaut charge to Borruwcr. Borrower shall pay' all costs of rerordahiin. tt any. 23. Altorne~'s Meer. As used in this Mortgage and to the tiute. "attorney's tees" shall Include attorney's tees, if any, which may tie awarded by an appellate court. IN WITNESS ~VNt.REOF, Borrower has executed this Mortgage. signed, sealed and delivered in the Dresence o(: C"„_.~,._ P ~ I° ~0 C~~. 12 ~,; 12. 33 ftltG ~h[ z' Gt.~rutU ST.I.UCtE COUy' Y. t : ,~. ROGER POITRAS CLERK CIRCUIT CCt.'?7 Rf:C?~ 1'. ~'flil'_ r~ _ _ a)~.\la~ ! `! SKATE OF Ft.ORtDA• $T. LUC I E ('aunty ss: (seal) -8onower . (Seal) -Borrower . (Seal) -BOROwir _ (Seap -Borrowe. _ (Seal) -Bonowe. _ (Seal) --Borrower herchy certit~• that un this da}•, Ftrhtre m~, an officer duly authurited in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared RUDOLF E. GEER I t~'G AND CLAIRE V. GEER I NG, Il I S Y; I FE LEONARD LI EBNER, A SINGLE h~AP! to me known to ltr the person(s) described in and who executed the foregoing instrument and acknowledged before me that THEY executed the same for the purpose therein expressed. WITNESS my hand and official ual in the county and state aforesaid this 10TH day of DECEh1BER , l9 80 41y Ott •• !~sion•y~Cptres: MOT/iltlf ~UKI C RATE Of ROIItQA AT 1/1RCf . '~'_.%~' G MY GOMMISSItCti f7t-IRES SBI. 19 1911 , ' ~~' ~ 1. ~4 ~. p1~lDEp THII t~tEltAl. ttVi . tlt~tl)ffitMRITHS ~ ~ -- N ~ .._.~.-- ••b. ~ ~ ~ ~ ry Publit `~..~• ~ _ , i CNIl;AvO ~i it LE INSUitAi~CE CO~>rl'ANY ~• W ~s ~ ~ . :,., ~",~, ~-:' ~,'~' 2717 ORANGE AVENUE ~ r•` ~ . .. _ (7 s ~ : ti ; FORT PIERCE, FLORIDA 33450 , (SDace Below This Lme Reserved For Lender and Recorder) i.~i ' • fir' , FLORIDA DOCUMENTARY STAMPS AFFIXED TO ORIGINAL NOTE AND CANCELLED _ . ; ~9 -~ ~ 60i~~~ PaGf~ a - - _ -. ,