HomeMy WebLinkAbout2440prior to entry o[ a judgment en[orcing this Mortgage il: Ia) Borrowe~ psys Cender all sums which would be thea due under
this Mottgage. the Note and notes securi~g Future Advances. if a~y. had no acceleration occurrod; Ib) Borrower cura
all broaches of any othe~ coveoants or agroements of Borrower contained in this Mottgage; (c) Borrawet Qays all reasonable
expenses ir~curred by Le~der in enforcing ~he covenagts ar~d agreemcnls o( Bomawer contaiocd in thn Monaage and in
enforcina Le~der's remedia as provided in paragraph 18 hercof. including. but not limited to. reasonabk attomey~ ica: and
(d) Bonower taka such action as L,ender may reasonably require to assure that the litn of this Mortgage. l.ender's intetest
in the Property a~d Borrowe~'s obligation to ~ay the sums securcd by ~his Mongage shall continue unimpairrd. Upoa such
payment and cure by Borrower. this Mortgage and the obligations securcd hercby shall remain in full foroe and ef~xt as it
no acceleration had occuRed.
20. Assi~smept ot Reat~ Appoiatmeat of Receirer. As additional security hereunder. Bomower hereby usigns to
Lende~ the rents of the Propeny. provided that Bomower shall, prior to acceleration under puagraph 18 heraof or abandon-
ment of the Property, have the right to rnllect ar~d retain such rcnts as they bocome due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Pmperty. Lender shall be entiUed to have a
receiver appointod by a court to enter upon, take possession of and ma~age the Property ar~d to collect the rents of the
Property~ including those put due. All rents collected by the rcceiver shall be apptiod first to payment of the costs ot
manageme~t of the Proptrty a~d collection of rents, including, but ~wt limited to, rcceiver's fees. prcmiums on receiver's
bonds ar~d reasonabk attorney's fees. and the~ to the sums secured by this Mongage. The receiver sh~ll be liable to acxount
only [or ~hoae rents actwlly received.
21. Fotrre Ad~ancea. Upon rcquest by Borrowe~, l.ender, at l_ender's optio~ within twenty years from the date of this
Mongage. may make Future Advances to Borrower. Such Future Advances, with interest theroon, shall be secured by this
Mortgage when evidenc~d by promissory notes stating that said notes are secured hereby. At no time shall the principal
amouot of the indebtodness securod by this Mortgage, not inclucling sums adva~ed in aocordance hercwith to protect the
security of this Mortgage, excad the original amount of the Note plus USS. ..---r--~:rt-~---z~Trr .
22. Rdea~e. Upcm payment of all sums secured by this Morigage, Lender shall rclease this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attorney's Fees. As uxd in this Mortgage and in the Note. "attorney's lees" shall include attorney's fees, if aay.
which may be awucied by an appellate couri.
IN WITNESS WHEREOF, Borrowcr has caccuted this Mortgagc.
Signcd,scaled 5od
in thc prescn~nf:
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~ P1""'''^'41 ~ antorel l i a/k G.• Santo~el 1 i
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. . .~'~c~:/~a~G:~ . ~ 4~ C :~izro• r/(•n,s / ~ . .1..,.. . . . . . . . . . . . (Seal
~-~-- ~ ~ a~~_Christine C. Santorelli ~ -~~«
~ ~u-`~'~`'~ ~~~'-~'M a/k/a C. Santorel 1 i
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1 hercby certify that on this ciay, bcfore me, an ofTicer duly authorited in the state aforesaid aad in the county
aforesaid to tare acknowledgements, personally appearcd. ..6uy. Santore 1 l.i. .and . Cht'.is.t ine. C... ........
. Santor.el 1 i,. hi.s .wi fe . ............. to me known to bc the person(s) described in and who exeruted the
foregoing instrumcnt and acknowledgcd before me that .-they ••-•..-.eaecuted the same for the purpose t6erein
expressed.
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~~~t7fft~ my hand and official seal in the cuunty and state aforesaid this. . . . . . . . . . . . . . . . . . . .day of
-~~:`J~bvem6et'- . . . . . . . . . . . . . . . . . . .. 19. .$p. ..
. My Commission eacpires: ~~
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CHICAGO T~TLE tNSUr<AP~iC~ COh~PANY
2717 ORANGE AVENUE
FORT PIERCE. FLORIDA 33450
(Spice BelOw Thit lin! Refltv~d FM ltndtr snd RecpO!-j
1980 OEC 31 P~i 12~ SO
iIL~O Ft+C FrCOROfQ
ST. LUCiF CCUN f Y. Ft A_
R06ER POITfiAS
CLERK C{RCUIT CGL'n~
tiff.G~,-1 l~rp.-. .. ~ ~-
512051
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