HomeMy WebLinkAbout2374prior ta em~y of a~udgmeot entarcing this ~1~~rlgage if : 1 a 1 Born~wer p:~y~ I.endcr ~II tiums wh~ch would t~c then d~k under
this Mortgage. ~he No~e anJ no~es srrunng Fuwre AJvanre., if any, haJ no accelera~ion orcurrrd; tbl Barrawer cures
all hrcaches of any othcr rnvenants ur agreemcros ~~I Borr~~wrr rantainrd in thu Alortgage: Ic1 Borrower p:-ya all reaaooable
expenscs incurrrd hy l.endcr in enfarcing thc r~~vcnants anJ ~g~~cmcn~s of Borrawcr cantained in ihi~ Mo~tgage and in
enforring t.cnder's remedies as proviJecl in paragraph 1R hrrcal, including, but not limited to, rcax~nahle attorney's feec: and
Id) Borrower takes such actiun as l.enJer may rea~onahly rcyuire to assurr Ihat the hen ol Ihii Martgage, l.ender's interest
in thc Property and Borrower's obligation to pay the sumti cecured by this Mortg•r~.shall a~ntinue unimpaired• Upon such
~ymem and rure hy Barmw~er, this Mangage anJ the obligati~~n~ secured hereby ~hall remain in (ull torce and eBect as it
no acrelerat~~~n had occurred.
20. Ascignment of Renls; Appointmrnt ot Recej~~e~. A~ addiliunal ~ecun~~~ hereunder. Bormwer hereby a~~ig~c to
I.cnde~ the rents o( the Praperty, pn~viJeJ that Bi~rruvrer ~hall, prior to accelcration under }~aragraph IR hereof or abandon-
m~nt ~~f the Properry, have the right ~o collec~ and retain such rents as they become ~lue and p•ryable.
U{x~n acceleration under paragraph IR hereuf or ahandonmem ~~f the Propert~•, Lende~ shall he enliUod to have a
receiver ap~inted hy a court to enter u~n, taAe ~t~e»ion ui and m•rnage ~he Pmperty anJ ~o collect the rents of the
Prr.perty, inrluding thcxe pasl due. AU ~en~c rulle~:teJ by ~he recei~•er ~hall he applied fint t~~ payment of the costs of
maoagement of the Propen~~ and collcctiun uf rrnh, ~ncluding, hut n~-t hmited ~o, receive~'~ feeti, premiumc ~~n receiver's
tx~~d~ and rrasonable auorne)•'s fee~, •rnd then tu thr ~um> >ecured by thi~ M~x~gage. "il~e receiver ~hall -x liable to account
only for tho~c rcots actually receivcd.
21. Future Adva~ces. Upon rcyucst by I~orrowcr, Lendrr, at I.cnder'c ~~ption w•i~hin twenty years from the datc of this
~1ortKage, may make Future Advrnees ro Borrow•rr. Such Fuwrr Advance,, with intere~t therean, shall he secured b~~ this
Vortgage when evidenced h~~ promi`sor}~ notes titating Ihat tiaid note~ arc ucured herebj•. At no time shall Ihe pnncipal
amount of the ~ndebtedness secured by this Murtgage. not mcluding ~um~ aJ~~ancrd in ~ccordanc~ herewith to protect ihe
___ __ ucurity ~~f this Mortgage, c~cccd Ihc orig~n~l amounl of thc Nrne plus IJSS 2 2~ ~ 0 ~. ~ ~
22. Releate. Upon payment o( all ~um~ xcured by th~s Mortgage, t_ender shall rcleace this Mortgage without charge
to Borruwcr. Bormwcr ~hall pay all a~sts of recordati~~n, if ~ny_
23. Altorney's Fees. At uticd in this M~~rtgage and in ~he Nute. "altorney'~ (ecs" shall ~nclude attorney's (eec, it any,
wh~rh may tx awarded by an appcllatc coun.
IN WtTNESS Wt1EREOF, Borrowrr has exrruted thi+ Mortgabe.
SigneJ, scalyd and delivered
in th~ prrscncc of:
' ) ! ~~i~r,C'~'~,~ .
~ ~ Scal
~~ ~ ~
EDIrlARD L. WORTH -Ba-~«
~Ol•~
(Seal)
r
-6o~rawe.
($Ca~~
-Bonower
(~~~
-BOrrowt~
~~C3~~
-8onowcr
(SCB~~
-8orrower
STATF OF FLORIUA~ ST. LUCI E COU~I) SS:
1 hereby certify that on thi~ day, txrfore m~, :~n otiirrr dul} authc~riteJ in thc state aforesaid,artd in the county
aforesaid to takc arknowledgrmcnt., Fx nonally ap~xarcd ~
EDWARD L. WORTH, A SINGLE MAN
, w me knuwn tu br the prrsun~ s) desrribed in and who ezecuted the
forcgoing instrumcnt and acknow•Icdgr~ brfurr me !hat HE execut~d th~ samr for the purposc therein
cxpressed.
~ W~TNESS.my hand and official ~~al in thc caunt~• and.statr aforesaiJ this 23RD day of
~ ~. ._DEEEMBER , 19 80
~ • ~ ~. ~i~,....,, ~ n ~
~ ,. ~m~n c ~res: ~
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~ ` '' " Naary PuC~~c
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± ~~: ',.~o r4~ r .'~ ~ ;
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Notacy Pch'~c State of f~o~~~'a ?t la~9e ;
~ ° .~~ ~ ~ . ~ ~ i,ly Go~n~qiss~~:~ cxaices Uc~. 13. l~l21
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'k !~ ~~L~q ~ t~¢b
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(Spsce 8e1ow This line Reserved For lender and Recorder) -~
~:
FLORIUA UOCUNIENTARY STAMPSI~F~~~D TdO~~IG~IN74L NOTE AND CANCELLED
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