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HomeMy WebLinkAbout2087i ~ p~ior ta en~ry ol a judgmeot enforcing this Mortgage i(: ~ a J Borrawe~ pays I.cnJcr all sums which would be the~ duc under this Morlgage, thc Note and notes securing Fuwre AJvanccs, if any, had no accelera~ion accurred: Ih) Bo~rowcr cures all breaches of any othcr covcnan~s or agrecments of Born~wcr co~~ai~ed in Ihis Mortgage; (c) Barrower pays all reasanable expenses incurred by I.ender in enforcing the cave~ants a~d agrecmcnts of Borrowe~ cootaineci i~ this Mortgagc and in cnfarcing I.ende~'s ~emeJies as provided in paragraph 1!t hereo(, including, hu~ not limited to, reasnnahle attorney's fees: and ~J) Borrower takes such aclion as lxndcr may reasonably reyuire to assurc ~hat the licn of ~his Mortgagc, I_cnder's interest ~n the Property and Borrower's obligation to pay ~he sums secured by ~his Mangage shall continue unimpaired. Upon such payment and cure hy Borrower, .Ihis Mortgage •rnd Ihe ohl~gatiom ~ecu~ed hereby shall remain in (ull force and eRect as it no acccle~ati~~n had accurrcd. • ' ' 20. Assi~nmrnl of Rents; Appolnlment of Recej~e~. Ac :~dditi.~nal tccurily hcreunJcr. Borrowe~ herehy ac~igns to Lrnder the mnts of ~he Praperry, pro~•ideJ that Botru~~~hall. prior to acceleration unde~ pa~agraph 18 hereof or abandon- m~nt of the Prope~ty, have the righ~ to collec~ and ret~ such rents as thry bernme due and payable. Upun acceleration under par:~graph Itt hera~( or ab•rndonmen~ o( the Praperty, I.ender shall be entitled to have a receiver app~~inted hy a court to ente~ u~+c~n, take ~+~e+~iun of anJ manage the Property a~d to collecl the rents of the Prcperty, iocluding thcne past due. All rents r~~ll~~:led h~• thr. recciver shall hr applied firtl ta paymem of the costs of m;~nagement a( the Propert~~ and collecti~~n uf rent~, ~ncludmg, but nc~t limited to, receiver's ices, ptemiums c~n receiver's hunds and reasonablr attorne)•'s (ecs, and then to the ~unn ~ttured by this Morlgage. 'i?-e receiver shall tx: liable to account s~nly (or tho~c rents actually received. 2t. Fulure Advanccs. U~n rcyuett b)~ Hur~ovrrr, I.rndcr. at Lcndcr s optiun within Iwenty years from thc datc of this , \tortgage, m~y make Future Advancrs ~o Borrower. Such Fu~ure AJvanc~~, with intere~t the~eon, shall• he secured by this ~turtgage when evidenced by pmmissary no~es stating that tiaid_ note~ are serured hereby. At no time shaU the principal amount o( the indebtedness secured by this Atortgage, no~ including ~unn advanerd in accordance herewith to protect the ~ecurity ot this M~~rtgage, exceed the originai •rmount ~f ~he Nole plus USS 21 ~ 7 S ~. ~ ~ . 22. Release. Upon payment o( all sums ~ecured by this Mongagc, Lender shall release this Mortgage without charge tu Borrowcr. Borrower shall pay all custs of rrcordati~~n, ~f an~•. 23. Attorney's Fees. As u,cd in Ihis Mortgagc and ~n ~he Nutc. ' a~t~~rney's t~y.s" shall ind~~Jc auorney c fees, if any, which map bc awarJcd by an appcllatc court. IN WITNGSS V1~NERF.OF, Borrowcr ha~ rxrrutrd this Martgagc. Signcd. sealcd and Jelivered in the prrsc~cc of: C Q..~_~~Q, ~'~. ~--~.~c Q C_S?~ r L ~TATE OF FLORIDA, ST. LUCIE % ~~~C~ .,~~ ~~ LK .~ ~- (Seal) STEVE SARANTOS -e~~~• (Seal) ANN SAR OS -~•«~• County ss: 1 hcrcby certify that on this day, txforc mr, an ofiiccr dul~~ suthoriud in thc statc aforesaid and in thc county aforesaid ta takc acknowlcdgcm~ntti, prrsonally app~:arcd STEVE SARANTOS AND ANN SARANTOS, HIS WIFE , to mc knuwn to tk thc pcrson(s) dcscribcd in and who cxccuted thc fc>regoing instrument and acknowledgrd befurr mc that THEY ~xccutrd the same for the purposc therein ~xpressed. . WiTHESS my hand anJ ofticial ~ral in the cuunty~ ~nJ statr aforesaiJ this 14TH day of -_~, JAN . ., ~ , 4 .: =-' j • a r . IQ.'~~.~ ~ A' ~ pM; ~a~~ ~~ ~~ ~ . ~. • , `, . , ti ;,.. : r .~ ~ ~ ~ , 19 gl _ ~P~ ~ .; .. ~/" _ . ~/ i /~LG~~tG '1( . ~'/ , • TL(3'•iD~ A1 l~~ - -" Naary P lic A ~~~ ~c r ~•~±s~ . ~„~,u,~ u~+ua~t~~e~s ,~ .{'~ '' ~1` (Spsce Below This line Reserved For lender snd Rlcorder) an~x 34S P~GE ~~