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HomeMy WebLinkAbout2385i~ prior to e~try o( a judgment entorcing this Mortgage if: (a) Borrower pays Lender all sums which would be thea due under this Mortgage. the Note aed notes securing Future Advances. if aay. had no acceleratio~ occurred; (b) Borrower cura all breacha of any other covenants or agrcemeots of Borrower contained in this Mortaage; (c) Horrowe~ pay~ all reasonable expenses incurred by Leader in e~forcing the rnveoagts and agraments of Borrower containod in this Mortgage and in enforcing Lender"s remodies as provided in paragraph 1$ hereof, includina. but not limitod to. teasonabk attomey'~ fea; and (d) Borrower takes such action as I,e~der may reasonably rcquirc to assure that the lien of this Mottaage. Lende~'s interest in the Property and Borrawer's obligatioo to pay the sums securcd by this Mortgage ahall oontinue urtimpaired. Upon wch payment and cure by Borrower. this Mortgage and the obligations securcd hereby shall remain in full force aad eBect as if 0o acteleration had occurred. 20• Assk~meat ot Renh; Appo~ntmeat oE Receiver. As additanal security hereunder. Borrower hereby assigns to Lender the rents of the Property. pmvided that Bornowor shall, prior to accekration under paragraph 18 hereof or abandon- ment of the Pmperty. have the right to collect and retain such rents ss t6ey become due and payabk. Upon accekntion under paragraph 18 heroof or abandonment of the Property. Lender shall be entitled to have a rcceiver appa~ted by a court to enter upon, take p~ssession of and manage the Property and to cdlect the rents of the Property, including 'those past due. All rents cbllxtal by the roceiver shall be applied Bnt to payment of the coats of management of the Propeny and collection of re~ts, includi~g, but not limited to. roceiver's fees. premiums on rcceiver's bonds and rcaso~abk attomey's foes, and then to the sums socured by this Mortgage. The receiver shall be liable to account only [or thoae rents actwlly received. 21. Fst~re Ad~ances. Upon request by Borrower, I_ender, at Leoder's option within twenry years from the date of this Mortgage~ may make Future Advances to Bom~wer. Such Future Advances. with interest thereon. shall be secured by this Mortgage wheo evidencod by promissory notes stating that said nota are securcd hereby. At no time shall the principal amoant of the indebtodness securod by this Mortgage. not including sums advanced in aooordanoe hercwith to protect the xcurity of this Mortgage. exceod the original amount of the Note plus USf. ""'.:"""""""' . 22. Rdea~a UpQO paymeat of all sums sxurcd by this Mortga~te. Lender shall release this~Mortgage without chuge to Borrower. Borrower shall p~y aU coats of recordatan. it any. 23. Attorsey's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's foes. if any, which may be awuded by an appellate court. IN WITNESS WHEREOF, Borrower haz executed this Mortgage. Signcd, sealed and delivered in thc Dresence of: - - - '~s~~m..~~. . ~~:~ . . ~ . . . -~:, ~ F~-~z.~..v. .................................. ....... !~ ^ ~ .:~ C:L(iLtL/1'~ . . . . . .4!~: ~~ . . . . . . . . . . . . . . . . . . . . . . . . . . . (Seal) Kenneth E . Larson -~!*~ . J. . . . . . . . . . . . . . ~ . . . . . . . . . . . . . . . . . . . . (Seal) Margar ~ B. Larson -~~ STATE OF FLORIDA, . . . . . . . . St. .Ll1C1C . . . . . . . . . . . . . . . . . . . . .COUlIty SS: 1 hereby certify that on this day, beforc me, an otTicer duly authorized in the state ~oresaid an¢ in the connry aforesaid to take acknowledgements, personally appeared. Kenneth.E: Larson_ an . Margaret ...... . B: .Larson, his wife ,,, to me known to bc the pcrson(s) described in and who executed the . ........... foregoing instrumcnt and aclcnowledged before me that. .. they. ,,.executed the same for t6e purpose therein eapressed. W~rrtESS my hand and otficial seal in the county and state aforesaid this. . . . , l~th', , , , , , , , , , , , ,~y ~ . .Decem}~ex . . .. .. . . . . . . . . . . . . . . .. 19$fl. . . .. My Coppt~lission expires: ,.~,O~~~rrg.};~~• , J~ ~.b i~ .'~: -? . (~ -! 17 `~ - - ~ 1`' •' • ' :T _ ~+' l , _ - f .G~~~. ~. :?c~ ........................ Noury PubIK ~+otory ruh ic ~lott of FforWo 01 laryc. My '_ornwsion Enpif~i Morc.ti 1, 19~I - ~ . CHICqGO TITLE INSURANCE COMPANY ~~,. ~~ ' ~''°' ~ ' ~ 2717 ORANGE AVENUE ' `-~~~L';..• FORT PIERCE, FLORIDA 33450 ...:.,.••• ~ ~~~ (Spste BNav TAis Line R~s~rwd For LerW~r and R~COrOeh ~3L0 C~C 31 A~ 11 ~ 4 3 fILfG R~C F`LOF.~c 0 Si.lUClf CL•U!1' Y.I 1 A. ROGER PCITRAS CLEFK CIRCU~1 CGU~T/f ~rrr:J(; \'_{?t~ ~tn ~.IJ S12Q~'! ~~37K~`t~ PaGE~,t~~