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HomeMy WebLinkAbout0427w ~~ 1e,.~ . ~' ~. a ~~.• •' 1- ~ ~' . ~+ ~ _ .. ~' prior to entry of a judgme~t eaforcing this Mortgage i(,: (a).Borrower pays Lender all sums which would be tbea due upder this Mortgage, tbe Note and notes securing Future Advances~. if any~ had no aaxleration occuned: (b) Borrowe~ cura all breaches of any othe~ covenar~ts o~ agreements of Borrower contained ia this Monpge; (c) Borrowe~ p~ya all rasonable expenses incuRCd by Lender in enforcing the covenagts and agreements ot Botrower contained in tlas Mort~ase and ia e~forcing Lende~'s rcmedies as provided in psragraph 18 hercoi. including. but not limited to, rcasonabk attomey's fees: and (d) Borrower takes such action u Lenda~ may rcasonably require to assure that the liea of this Mortp~s. LendePs interat in the Property and Bomower's obligation to pay the sums secured by this MoRgage ahall oontinue uaimpait~ed. Upon such payment and cure by Borrower, this Mortgage a~d the obligations securcd bercby shall remai~ in full fora aad eQect as if no accekntion had occurred. ~0• Ast~~est ot Red~ Appoi~ta~est of Receiver. As additanal security hereunder, Borrower hereby assigns to l.ende~ the nnts of the P[operty, provided that Borrower shall, pnor to accek~ation unde~ parsgraph 18 hereo[ or abandoo- ment of the Property~ have the right to collect and retain such rcnts ~ t6ey become due and payaWe. Upon acceleration under pangraph 18 hereof or abandonment of the Property. Lender shap be entitled to 6ave ~ receiJer appointed by a court to enter upon, take poascssion of and manage the Property and to oolkct ihe re~ts of the Property. including thoae p~ut due. All rents collected by the receiver shall 6e applied first to payment of the coats of ma~agemeat of the Propeny and collection of oeots. including, but not limited to. roaiver's fees. premiumt o~ reaiver's bonds and reasonabk attoraey'a foa. and then to the sums socured by this Mort$age. 'Ibe receiver sbsll be liabk to aocount only for those ~ts actuatly roceived. 21. Etit~tt Ad~a~ces. Upon request by Borrower, I.ender, at Lender's optio~ withia twenty yeus from the date of this Mortgage. may make-Future Advances to Bormwer. Such Future Advanc~es. with intwest tbereon, shall be ~ecured by this Mortgage wher~ evideaood by pmmissory notes stating that said notes are socurod hereby. At no time shall the piacipal amount of the ind~btedness secured by this Mortgage. not including sums advanood in aooordaooe l~e~+ewilh to protoct the secuuty o( this Mortgage, exoood the original amount of the Note plus USS---------------------... 22. Reka~a Upua paycaeot of all wms socurod by this Mortgage. Lender shall release t6is Mortgage witlwut charge to Borrower. Borrower sIa11 p~y aU ooats of reoordatan. if any. 23. Atto~ey's Fea. As used in this Mortgage and in the Note. "attomey's foa" shall include attorney's foes. if any. which may be awuded by an appellate court. ~N W/l'1'NESS WHEREOF, Borrow~er has executed this Mortgage. Signed, sealed and deGvered in the Dresencx of: . - `~ • f , ~i;~Lt~: . . [....<< .:~ ~.~,~?l~'! L-f. . . . . . . . . .^~.~.~ ..............:....... ~ ,~ • .............. . ....... .....(Seal) Ric d l. Engwal -°0fOM/' .. ,~~.. -..~ ~:~ .. ~.4~' ~. . .cs~, V i anne l. Engwa 1.1 U -°OfOM"' STATE OF ~[d~ ...Minnesota,.,; /~/~~ ~ . G/VN.~j~//4~. . . . .lJUllil~/ SS: I' I hereby certi(y that on this day, before me, an off'icxr duly authoriied in the state aforesaid and in t6e oounty aforesaid to take acknowlodgements, personally appeared. R ichard, L: . Engw~l 1, a~d ,1(! ~PP~ ~s.. .~n9w~) 1,,. h i ~ .Wi fe . . . . . . . . . . . . . . . . .. to me known to be the pe~son(s) dcacribed in and who exe~ted the (oregoing instrumcnt and aclcnowledged before me that. theY ........eaecuted the same for the pnrpose thenin exPcessed. W~nrESS my hand and o8'icial seal in th~ county and state aforesaid this. . . . . . . . . . 11 th . . . . . . . . .day of .Recemb~r .. .. .. . . . . .. . . .. . . . . . . .. i9. $A.. .. . My Commission expires: ~, ~ - brs , - .~ . . .~~~[-~"Kf . r. . . . F~'~~K :`Y: .RTT . . . . . . . . . . . . . . . . , ~ NO~M~'11WfC ' ~ ~.!' - , .~ . _ • ~ ;.ti.. ~ - _ CHICAGO TITLE I~~tSURANCE COMPANY •- • ' ~ . : ~ ~ ;~~ - l 2717 ORAtdGE AVENUE ~ ~~ ~ ~1~~~ " FORT PIERCE, FLORIDA 33450 . ~ _ _~ ~ ~ _~ ~ -'~' `....~z~ :~~. "t~j~, ~.,~,. ~- (~ ~bw This Lin~ R~ For Lend~- snd R~ooiOn) 1981 JAW -8 1U; 9' Q2 F'LfG eNf F~~COri~: f~ ST.WC~C rCU~it I.i,;.. RCGER f'OITH.IS ~ CLERK Clf'C!'!! C~' kf^rt:~ ~ r ~.~c . . 5~ 2655 ._~~ ~ ~ ,._,~ sy H ~~~~K 346 ~~~;E 42~ . ~ ~, _ ~~ - ~~ ~:_