HomeMy WebLinkAbout2283prior to entry of a judgment e~forcing this Mortgage i(: (a) Borrower pays l.e~der all sums which would bc then due under
this I-fortgage, the Note aod nota securing Future Advances, if any, had no accelera~ion occurred; (b) Borrower cures
all breacha of any other covenants or agreemeots of Borrower contained in this Mongage; (c) Borrower pays all reasonable
expe~ses incurred by Lender in enforcing the covenants and ag~eements of Borrower contained in this Mortgage and in
eo(orcing Lender's remedies as provided in paragraph 18 hereof, including. but not limited to, reasonable attomey's tees; and
(d) Borrower takes such action as Lender may reaso~ably reyuirc to assure that the lien of this Moregage. Lenders intercst
in the Prooerty and Borrower's obligation to pay the sums sccured by this Mortgage shall continue unimpaircd. Upon such
paymeot and cure by Borrower, th~s Mortgage and the obligations secured hercby shall remain in full torce and effect as if
no acceleration had occurred.
20. Assi~omeat oi Reot~ Appolntment of Receirer. As additional xcurity hereunder, Borrower hereby assigns to
Lender the rcnts ot the Property, provided that Borrow~er shall, prior to acceleratio~ under paragraph 18 hercof or abandon-
ment of the Propeny, have the right to collect and retain such rents as they M_come due and payable.
Upon acceleration under paragraph 18 hereof or abando~ment of the Propeny, l.ender shall be entitled to have a
rcceiver appointed by a court to enter upon. take possession of and manage the Property and to collect the rcnts of the
Property. including thoae past due. All ren~s collected by the receiver shall be applied fint to payment of the costs ot
management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's
bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. 7l~e receiver shall be liable to account
only for those ronts aetually receivGd.
21. Future Advaaca. Upon request by Borrowe~, I_ender, at Lender's option within twenty years from the date of this
Mortgage. may make Future Advances to Borrower. Such Future Advances, with interest thercon, shall he secured by this
Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance hercwith to prottet the
security of this Mortgage. exceed the original amount o( the Note plus USS. ...... NOKFr. ..
22. Rdeaee. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without chuge
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attoroey's Fees. As used in this Mortgage and in the Not~, "attorney's fees" shall inc!ude attorney's foes, if any,
which may be awarded by an appellate court.
IN WITNESS ~NHEREOF, Borrower has e~ecuted this Mortgage.
Signed. sealed and delivered
in the presence of:
. . . . . . . ..c~~~'~~~~~~'. . .~. . .~ . . . . . . . . . . . . . . .
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~*~ YT ~!-~ ./~/! 7!~'.6«:.-~~ . . . . . . . . . . . (Seal)
CLA ON H . HAMPT -~o..ow..
.~~~ .~ . . . . . . . . .cs~~
CLAUDIA A. HAMPTO .-so..orw.
STATE OF FCORIDA, . . . . . .St. , Lucie . . . . . . . . . . . . . . . . . . . . .County ss:
I hereby certify that on this day, before rr~, an ofi'icer duly authoriud in the state aforesaid and in the county
aforaaid to take acknowledgements, personally appeared. . CLAYTON H. HAMPTON and
CI,AUDIA ,A; ,,HAMPTON~, his .wifeto me known to be the person(s) described in and who eaecuted the
foregoing instrument and acknowledged before me that. , tZ1eY. ,,,.,.eaecuted the same for tbe purpose thenin
expressed.
W~r~ESS my hand and official seal in the county and state aforesaid this. ...... .~ ~.. ...... .. .day of
. . . . December . . . . . . . . . . . . . . . . .. 19. 80. . ..
My Commission expira: ~. y ~9~y
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