HomeMy WebLinkAbout0041prior to entry .i( a ~udgment en[~~rcing lhia ~tu~~gage if : ~ a 1 B.ir~owcr pays l.cnder alt sum~ v-•h~ch vvcwld he thcn dut undt~
ihis Mur~gage, ~hc Nate rnd nates securi~g Fuwre AJvanrc., d any, had oo acceleration occurred: ~h1 Bot~~w-•er cures
all b~eaches at any othe~ cavena~ts or ag~eements of B~~rruvrrr ro~tained in th~s Mangage: (c) Borrower pa~~s all reawnaMe
expenses incurred hy I.ender in en[orci~g the cave~anis and agrrements of Borrowe- contai~ed ~n ihis ~lortgage and in
enforci~g l.rnde~'s remeJia as pravided in paragraph IR hrre~~l, ~nclud~ng, but rw1 I~mited to, rcas.~nat~le attorney's tees. and
(J) Bo~rowe~ takes such ac~ian as I_ender may rea~onably rcyu~re to aawre that the l~cn of this f-iortgage, l.ender's ~~terat
in the Property aod Borrower i ohligation to pay ~he sums secured hy ~his 1~longage ~hall cantioue unimp~a~rcd Upo~ wch
payment and curc by Borrower, this ~tortgagc and the obl~gations secured he~eby shall remain ~n (ull force and eflec~ as it
nu acceleration had accurred.
20. Ass~nmeat of Rents; Appointmenl of ReceJ~er. A. adJUiunat ~ecunty hercunJe~. BorrowY~ he~eb~• ast~grK to
I.cndc~ the rcntc o( thc Property, pravided Ihat 6orrovrer shall. prior t~~ accelcr~lMn under paragraph 18 heteof .v abandon-
ment of the Property, have the right to collect and retam such rentc as ~he~~ becaeu due and ~yabk.
Up.~n acceleratian under paragraph IR hereof or abandooment of th~r Propen~•, l.ender ~lull he ent~tled to ha~~e a
recci~er ap~,inted by a court to enter upon, ~ake posse»~.-n of arxi manage the Propert~• and to cofltct the rents c-f :he
Prcper~}~, ineluding those E-ast Jue All rcmc r+~llectc-~i M~ the rec~~vrr shall he appl~ed 6r•t to payment at the costs of
management af the Propen~ and coll~titiu~ uf ~rnt~, incluJing, hut not hmit~-d to, recrn•er's fec.. premsum+ an rece~~er's
F.unJ~ and rrasonahle attorney's tee,, and then to the ~um> >ecured M thiti Mougage The rcce~~et shall he I~ahlt to ucvunt
o~ly Iur tho~e renh actually received.
21. Futu~e Advances. U~+c~n reyuect M Horruwcr, 1 ender, at 1 rnder'~ opt~on wuhin twrnty ~•tarc ftom the datt ot th~s
~tor~gage, m•ry make Fuwre Advanees to Born•w.r Such Fuiurr AJv~nce~. w~th interest ~he~mn, ~hall he sr:ured t+~• th~s
~1ur~gage when evidcnced by promi~sory notes staling ~hat ~aid n~~te. are ~e~urcd hereby. At ac- time ihall the pr~napal
amuunt of the ~ndebtedness secured by thi, \t~~rtgage, ni~t ~nrlud~ng sum~ ~d~anced ~n acc~rdance herev-~th to protect thc
~rcunty ot thi~ Mortgage, c~cecd the origina) amount ~~t the `~ote plus l'SS 58~50~.~~
22. Releace. Upon payment ot all cumc tecured by ~his I-lortgage, t_ender shall release this Mortgage w•ithout chugt
t~~ BOffUwcr. Borrower shall pay all ru~ts u( rccurJation, if an~.
23. Attorne~'s Ftes. A~ u~cd in thu M.~rtgagc and m thc \ote. ' att~•rne~~'~ (~ri" shall include attotne~'s iees, d any,
which may lx awardeJ hy an appcllatr c~~un.
lv W~TNess W~iFRt.oF. Borrowrr has rxrrutcd thi. :~tortgagc.
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Signed, scalyd and deliverect
in th~~ prrscncc oi: _ `
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ST. LUCIE C~CY' Y.1: ~. -~~
ROGER PCITRl:S ~
CIERK CI~CWi C04FT _ •
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~1241 ~~.~
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STATE OF FLORIDA, ST. LUC 1 E County ss:
1 hcrcby certi(y that on this da}'. tx[orc mr, sn oflirrr duh authurirrd in the statr aforesaid and in the count~
aforesaid to tak~ acknowledgrmrnt+, p~nonall}~ appear~d ~
ROBERT F. BASILICO ANO CATHERYN M. LIBUHA BASIlICO, HIS wIFE
, u~ me knuv-•n t~z tx the ~xrsonls) describcd in and who executed the
foregoing instrument and acknowledg~d beforr me that THEY executrd thc: same for the parpose therein
L xpressed.
W~TNESS my hand and official sral in thc count~~ and statc aforesaid this STH
JANUARY
ti1y Commission experes:~.
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My Cwr.m~ss:~r. :;.r:res h:a:ch 23. 13d!
(Spste 8llOw Tlfis lin! ReSltved FM Lende~ and RlCOfOlr)
~- '~ • FLORIDA DOCUMENTARY STAMPS AFFIXED TO ORtGINAL NOTE AND G4N~ELLEO
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