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HomeMy WebLinkAbout2427. prior to entry of a judgment enforcing this Mongage if: (a) Borrower pays Lender all sums which would be tben due under this Mortgage~ tt~e Note and notes securing Future Advances. if any. had no aceeleration o~,~curred: tb) Bor~ower cura all breacha of any other covenants or agreements of Borwwer contained in this Mongage; (e) Borrowe~ pay~ all reasonable expenses incuRed by Leader in eatorcing the covenaqts and agraments of Borrower rnntained in this Mortgage and in entorcing Let~der's remodia as provided in paragraph 18 hereof. inciuding, but not limited to. reasonable attorney's [oa; and (d) Borrower taka such action u l,ender may reasonably rcquire to assure that the lien of this Mortgage. Lender's interest in the Pmpetty and Borrowe~'s obligation to pay the sums securcd by this Mongag~ shal! continue unimpaired. Upon auch paymrnt and cure by Bomower. this Mortgage and tht obligations securcd hereby shall remain in full force and effcct u it no accelentio~ had occurred. 20. Asd~~meat ot Reotr, AppoiMaaeat of Receiver. As additional security hercu~der. Borrower hereby auigns to Lender the renls of the Property. provided that Bornower shall, prior to accele~ation under parag~aph 18 hereof or abandon- ment of the Property, have the right to collcet and retain such ronts u tbey become due and payat+k. Upo~ accele~ation under paragriph 18 hereof or abandonment of the Property. I.ender shall be entiUed to have a receiver appointod by a court to enter upon, take pouescion of and manage the Property and to collect the rents of the Pmperty. including those past due. All rents colloctod by the roceiver shall be applied first to payment of the costs of manageme~t of the Propeny and collection of rents. including, but not limited to. receiver's fees. premiums on receiver's bonds and reuonabk attorney's fces. and then to th~ sums secured by this Mongage. 'I~e receiver shall be liable to account only for those rents actwlly received, 21. F~n Ad~anca. Upon request by Borrower, t~nder, at Lender's option within twenty yeats from the date of this Mortgage. may make Future Advances to Borrower. Such Future Advances, with interest theroon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are securod hereby. At no time ihall the pri~cipal amount of the indebtodness securod by this Mongage, not iacluding sums advanced in aocordance herewith to protect thc security of this Mortgage. excecd the original amount of the Note plus USS ----------------------- 2t Rdea~e. UpQn payment of all sums secured by this Mortgage. l.ender shall r+eleass this Mortgage without chuge to Borrower. Borrower shall pay aU coats of rocordation, if any. 23. Atlorsey's Fees. As used in this Mortgage and in the Note. "attomcy's fees" shall include attorney's foes, if any. which may be awudod by an appellate court. TN WITNESS WNEREOF~ Borrower has executed this Mortgage. Signed, sealed and delivered in t6e prescnce of: . ~ ~~~~/~ i a!LU'~,, lX '. . .~~t~G~~, . . . . . . . . . . . . . . . . . - : ~~-u.~r~ . .~ ~7,/iF .~~1~. . . . . . .(scal> T ' --eorrowe. , ,~% . ,i~ James Hi lbert Jr: . . . ; . . ~ f !.J. - - ~//~1=' : . . . : . . . . . ~. l.'~~i-~~.~.~. -. . . : [~~.t ~: .~-.i. . . . . . . . . . cseal) .~ j~i~b ~ ~1 izabeth Hi lbert ~`~ ~ / ~ -u~,~p.~ ST~TE oF/1~6~ttd~(, . . . . . .V.i.r.g i n i a. . : . . . : - ^. ~. . .~'ib~t~(ty/s~: ~\ I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the oounty aforecaid to tare acknowledgements, personally appeared.. ~a~5. H~ lbert.,lt'.•..and.El~zahetb......... .H I~ b~f ~,. .h'l s. w.~ fe ........... _.., to me known to be the pcrson(s) described in and who eaecuted the •-- foregoing instrument and acknowlcdgcd beforc me that ....Chey ...... eaecuted the same for the purpose therein expressed. W~mESS my hand and official seal in the county and state aforesaid this . . ... ~ ? t h . . . . . . . . . . . . . . day of . . . Dec~~~ . . . . . . . . . . . . . . . . . .. 19 8A . . .. ~~ ~+' ~ . a ''r.o~n'~ ~~~~5: .. . ~~~.. ~ ~•.~t ~~t ~ 3 . . :2~~s.~ :~,.~,r.4~-. . ~: . . . .??: ? ~c i ~ CL-~;l ' . . . . . . . . . . . . . a =~ - .~. ~1 z~'-' Na,a v„aK - ~ = -~; ' =~ - _ ; ~ i ' _t t, ~~ . . ~ ~ ~--- - '> ; . _ ~. ,' ~`'~ G~''~ ~~'~ •. , ~ ~ . ~ CHICqGO TtTLE INSURANCE COMPANY 2717 ORANGE AVENUE FORT PIERCE. FLORIDA 33450 (Space BNow This Lin~ Rq~v~d Fw Lend~r and Rltordeh 1~~0 D~C 31 P!~ 12~ 38 ~c~EC -h['•::c;;~+I~F:: SL LUCIE COUNT t. f t A. ROGER POITR.~S CLERR CI~~UIT CG:f~' Q t-f-; - ~ ;: F:F ~ .. Q-~l r~ ~l,~r(jS(~ ~ - ~ ~ ' an°o~~c 345 Pdcr z~.fi ~~~_,..~ : _ _ . - -- -- _ - - ~..~_ ,.