HomeMy WebLinkAbout2420. c' ,
prior to entry of a judgme~t enforcing this Mortpae if: (a) Borrowet pays Lender all wms which would be thea due under
this Mortgage~ tbe Note and ~wtes securing Ruture Advanca. if aay. had ao aoakration occurred: Ib) Botro~rer cuta
all breacha of any other covena~ts or ageements of Bornowe~ rn~tai~d io this Mortp~e; (c) Burm~ver p~y~t all reasoaabie
expenses incurrod by Leader in eatorcing the covenagts and asreeme~a ot Bo~r~o~rs~ ooatained ia tha Mort~e aad in
entorcing Lender's remodia as pmvided in paragraph 18 hereot. includins. but nat limited to. reaso~abie attorrep's fea: and
(d) Borrower takes such action as [.ender may reasonabiy roquir+e to assun that the liea of this Mortpae, l~eader's interest
in the Property aad Bornower's obligadon to pay the sums secured by this Mortaa~e shap ooatiaue uampairod. Upoa wch
payment and cure by Borrower, this Mortgage and the obligations securod hereby shall remaia iu fup foroe aod eRect as if
no acceleratan had occurred.
20. Aasi~~meM ot Rc~ A'poLMme~t of Recei~er. As additanal socurity he~eunder. Bormwer l~ereb~- usians W
Lender tde rents of the Property. provided that Bornnwer shall, prior to aooekration uader puaanph 181rcroof ot abandoo-
ment of the Property. have the right to colkct aad retaia such oeau as t6ey become due aad payable.
Upun accelention under paragnph 18 heroof or abandonmeot of the Property. I.eader sbap be entitled to have a
receiver appointod by a court to enter upon. take possession of and manage the Property aad to oolkct tbe reats of tbe
Propeny. including those put due. All renu collected by the roceiver shall be applied 6rst to payn~ent of t6e coats of
management of the Property aad collection of reots. including, but not Gmitod to. rectiver s foa. praniums on rxeiver's
bonds and ressonabk attorney's foes, and then to the sums securod by this Mortdage. The reoeiva s6all be liabk to sooouet
only tor those rents utually received.
21. F~tYre Ad~a~ces. Upon rcquest by Borrower, Lender, at Lende~s option within twenty yean trom the date of this
Mongage. may make Futute Advanoes to Borrower. Such Future Advaaces. with iate~est tlieteoo. shall be secuted by tha
Mongage when evide~oed by promissory notes stating that said nota are securod bereby. At no time -shall the pciacipal
amount of the indebtod~ess socured by this Mortaage, not includin~ sums advvanoed in aooordanoe 6ercwit6 w proteet tl~e
security of this Mortgage. excood the original amount of the Nde plus USS ----------r----cr.----- .
22. Rdeaie. UpQa paymeot of all sums secur~d by this Mortgage. Lender shall releue t6is Mort,da~e ~ritbout c6u~e
to Borrower. Borrower shall pay all ~sts of rcoordation. if aay.
23. Altonep's Fees. As used in this Mongage and in the Nwe, "attoraey's faa" shaU include attorney's fea, if any.
which may be awuded by an appellate court. •
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
. . cu'~'~ . y~G~~,~..~.~ . . . . . . . . . . . . . . . . . . . . . . . . . .~.~.4~~ ~. . . . .~'.`~. . . . . . . . . . .
. . . .~s~~
Donald C. Sheldon -°0°O~`
.
~
. . . . . . -. . . ~- ~9:`i!~ . . . . . . . . . . . . -.~.:~: : iu : ~.,4~S~b~.:, . . . . . . . . .. . . .cs~~
Julia M. Sheldon ~~OM~`
STATE OF~~jil~/1~. . . . . . .Neh-. XOFJC . ~. ~ . . . . . . _. y.J • - - - • -Q~~ SS:
~J~~L~~~~
I hereby certify that on this day, before me, an o6'ioeri~ly authorized in the state afo~esaid and in the county
aforecaid to take acknowledgements, personally appeared. .DORdld ~. .Sbelslr~n .aod. JtL].1a .M.. . . . . . . . . . .
Sheldan. .bis. W.i.fe . . . . . . . . . . . . . . . . .. to me known to be t6e person(s) describod in and who exocatod tbe
foregoing instrument and acknowledged before me that. .they. .. .. .. .executed the same for the purpose therein
eapressed.
WrrHESS my hand and official seal in the county and state aforesaid this. .. .. .. .. .lst.. .. .. .... .day of
Decem~~e= . . . . . . . . . . . . . . . . . . . . . . .. 19.80 . . ..
My Gcem:~s~o4f,•?cPu~s: ~l 36~~L JJ l~. .S
',I` -, ~'[Si~R' l' :.. . . . . . . . . . . . . . . . . ~ ~rI ~~. . . . . . . .. . . . . . . . . . .
,' ~
• ~-'~ • ~ ~ . '~ l HENRY W.S. BANC-LRT
_ _ ~ . ~ i. . n, J- ,:~•r at_~ _ -. _.. • :w y_;t;
. . ` - ~^- ~~ -~7
,,: • ~~ - -. ,~i..~ ~.+:~'J TITLE INSURANCE COf~iPANY ~ . _ ' - ~ - . ! '_- --r~ '
C- ~ 472
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~ . E' ~'~ "`°"'~-- .-" ~ FORT PIERCE, FLORIDA 33450 .
(~ BNa~r This Line R~s~rvW For LaWlr stW R~oo~/1
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F t:f [ ~~t ~= CG-:is C
St.[UGE CGU711'I.Et A_
PC'GER PCi: RA~
CLEF'K CtR~L~!? CC:tFi ~
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