HomeMy WebLinkAbout2380p~ior to em~y ~~f a ~udgmcnt enforcing thu \1ur~gagr ~1: ~a) Borrower p~y~ I.cndcr all sumc which would hc then due und~r
th~c Murtgagc, ~he Nate :~nJ ~alc~ seru~ing Fuwrc AJvancc~, it any, had n~~ accelcrauon occurred: Ibl Borruwcr cures
all breachr~ of any ather cavcnant+ ~x agrecmrms M Borruwr~ r~~ntaincd i~ this Mongage: Ic) Barrowcr ~ya aU rea~onable
erpcnuy incurred by l.ender ~n enfarcing ~hc covcnunt~ ,,nd ag~rcmcnK ot Borrower rantaincJ in this Mnrtgage and in
c~forcing l_cnder's remedies as prc~viJcd in par:~graph IK hrrrof, ~ncluding, but nrn limited to, reau~nablc attarney's fees; and
( d) Burrawcr take~ ~uch ac~ion as I.endcr may rca~onably rcyu~rc lo a~~ure ~hat the hrn ~I ~hi+ Mortgage, l.encler's interat
in thc Praperty and BorroMC~'~ obligation to pap Ihc ~um~ sccurcd b)' Ihi~ Mongagc shall conti~uc unimpaired. Upon such
p:,yment and cure by Borrower, this MartgaFe anJ ~he obhgatiu~is secured he~ehy shall remain in tuU force and eHecl as i(
nu ac~cleration had accurrcd. '
20. AssignmeM ot Rents; AppoiMment of Rerej~~er. A. additional ~eruri~y hereunJer, 6orrower herehy accignc ta
Lrndcr ~he rent~ ot ~he Propcrty, pro~•idcJ Ih~~ Hor-~~wer ~hall, prior to accclcrali~~n under paragraph 1R hereof or abandon-
mrn~ ~~t thc Propcrly, havc thc right to roUcr~ and retain such rcnts as thcy bcrc~mc due and payablc.
U{+on acceleration ~inder paragr;~ph IR hercat ur ahand~~nmcn~ of the Pmpcny. I.cndc~ shall be eMitlal to have a
rereive~ apEx~inted b~• a rnurt to eme~ u~n, ~ake pc~~ee.~iun ~~I and m;,nago the Properh~ and to coUect the rent~ ot the
Prr.pen)•, includi~g thcxe past Jur. All renl~ coUecleJ b~ 1hc rece~ver ~hall he applied fir~t tu p•ryment o( the cosls of
management of the Pmper~~~ and coUec~iun ui rent~, i~clud~ng, hut nut limitrd to, receiverb fer~, premium~ on receiver c
tx-nJ~ and rras~mable auorney's (cea, anJ Ihen to ~he ~unn ,ecured b~• thi+ N~~ngagc. The receiver ~hall hr liable to arcount
only tor th~c~e rents actually received.
21. Future Advances. UFx,n rcyuctt M Burmwcr, I.endcr, a~ I.ender'~ op~ion w~ithin twenty years from ~he Jate of this
~tor~gage, may make Fwure Advances to l3orrowcr. Such i=ulurc Advance~, with intere,~ ~hereon, shall he secured by this
~tortgage when evidenced by promitisory no~ex ttaung thal ~aid n~te~ ar~ secured hCrcby. At n~~ time thall the principal
amount of the indehtedness secured hy thi~ Mor~gagr, nut ~ncluding ~um~ advanced in accordance herewith to protecl the
ucurit~~ ol thi~ Mortgagc, c~cccd thc ~riginal amount of thc Notc plus USS Z Z~ 8 ~ 0. ~ ~ ~
22. Release. U~n payment of all tiums ucured by th~s :Nongage, Lender shall releace this Martgage without charge
to Borruwcr_ Borrower shall pay all cust~ of rccorda~i~~n, if an~~.
23. Atlorney's Fees. Ati u.rd in th~~ Mrrtgagc and in thc I~iutc. "att~~rncj's fees" shall ~ncludt attorncy's fecs, if any.
µhich may tx •rwardcJ by an appcll~tr cuu~t.
IN WITNESS WHEREOF, Borrowrr hati r~rcutcd thi. Mortgagc.
Sign~d, scaled and delivered
in th~ prescncc of:
,
~ ~
~ I~
C . ~~~ .
~;~~
EDWARO L. WORTH
cSca~~
-ea..~~-
(Seal) .
-Bo..w.~.
(Seal)
-earare.
~$C~)
-8orrower
(~8~~
-eonower
.(Se81)
-Bonowe.
SiATE OF FLORIDA,
ST. LUC I E County ss:
1 hcrrby ccrtify that on this day, tkforc mr, an ~~flirrr dul~ auth~irizr~f in thc ~tatc aforesaid and in thc county
afuresaid t~~ takr acknc~wlcdgrmrnt~, ~x nonally appearrJ
EDk'AR~ L. 4-~ORTH, A SI NGLE MQN
, w nxx knu~irn ~o tn thc p~ rsun ( s) describcd in and who eaccuted the
furegoing instrumcnt and acknowlcdgc~ beforr me that HE cxccutrd thc same for the purpose therein
expressed.
~ W~rtvESS my hand and offiria! scai in thc count~- and statr aforesaiJ this 23RD ~ day of
'` ~ DECEMBER > 19 80
„~,~:.,.,,,, + ~ 1
11~~Cj$tqm`' n cxpues: 'f~ ! '
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y'f •~ Q,Tq~ %~~ Nolsry Publit
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~~"' ~ (Spsce 8elow This lme Reserved For LenOer snd RecorOer)
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Abstract b~ ~ ~•~~ ~-urp. or F~orida
~ , FLORIDA DOCUMENTARY STAMPS AFFIXEO TO ORICINAL NOTE AND CANCEILED ~
~ BQOK~4~ PAGE~J~s ~ ~
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