HomeMy WebLinkAbout2472prior to entry of a judgmeot enforcing this Morigage if: (a) Borrower pays Lender all suma which would be theo due under
this Mongage, the Note a~d notes securing Futuro Advances. if any. had no acceleratioo occurrcd; Ib) Borrowe~ cura
all breaches of any other covenants or agreeme~ts of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by I,ender in enfqrcing the covenagts and agreements of Borrower co~tained in this Mortgage and in
eoforcing [.ender'a remediea as provided i~ paragraph 18 hereof, including. but not limited to. reasonable attorney's fees; and
(d) Borrower takes such action as Lender may reasooably require to assure that the lien of this Mortgage. Lender's interest
in the Property and Borrower's obligation to Qay the sums securcd by this Mortgage shall rnntinue unimpairod. Upon such
payment a~d cure by Borrower. this Mortgage and the obligations securcd hereby shall remain in full force and efiect as if
no acceleration had occurred.
20. A~oment ot Rent~ Appolntmeat ot Receirer. As additional security hereunder. Borrower hereby usigr~s to
Lender the rcnts of the Property. pc~ovided ~hat Borrower shall, prior to acceleration under paragraph 18 heroof or aba~don-
ment of the Property. have the right to collect and retain such rcnts u t6ey bocome due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property. L.ender shall be entitled to have a
rcceiver appoi~tod by a~-ourt to enter upon. take possession of and ma~age the Property and to collect the rents of the
Propetty. including those past due. All rents collected by the receiver shall be applied first to payment of the costs of
management of the Property and collectio~ of rents, including, but r-ot limited to, roceiver's fees. premiums on rcceiver's
bonds and reuonabk attorney's foes. and then to the sums securcd by this Mortgage. Tfie receiver shall be liable to account
only tor those rcnts actus!!y received.
21. F~tYre Advaoces. Upon request by Borrower, Ixnder, at Lender'c option within twenty years from the date of this
Mortgage. may make Future Adva~ces to Borrower. Such Future Advances. with interest thereon, shall be socured by this
Morigage when evidencod by promissory twtes stating that said notes are secured hereby. At no time shall tl~e principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in avcordance herewith to protect the
security of this Mortgage. exceed the original amount of the Note plus USS. ---------~~~-~- .
2Z Rdeaia UpQn payment of all sums securcd by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU costs of recordation. if any. • ~
23. Attoreey's Fees. As used in this Mortgage a~d in the Note. "attorney's fce.s" shall include attorney's fces, if any.
which may be awardod by an appellate court.
IN WITNESS WHEREOF, Borrowcr has exccuted this Mortgage. %_ ,
Signed, sealed and delivered '
in the presence of:
. ~~~~ . . . . . . . . . . ~ . . . . . . . . . . . . ~ ~ . . . . . . . . . . . . .' . . (Seal)
os~ A. oerger ~~~~
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STATEOFFLORIDA,.........St:.LUCIC,,,,,,,,,,,,,,,,,,,,,Countyss:
I hereby certify that on this day, before mc, an officer duly authorized in the st te afpr ~'d and in t6e county
afor~esaid to take acknowledgements, personally appeared.. ~oseph A. Soer~e~ and Margaret . ....
... .. J....Soe~gel.,..hi5.k~! fe.. .. .... ., to me known to 6e the person(s) described in and who executed the
foregoing instrumcnt and 'acknowledgcd beforc me that . thex ........ cxecuted the same for the purpose therein
expressed.
W~rNESS my hand and official seal in the county and state aforesaid this. ......, 30th . ,_,,,,day of
.....IIecember ...................19..$Q...
My Comaqtslt~ expues: ~~i~ . ~.~c . ~~i~~.
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~r~ea~~o~ ~:;;~v~~';~,v~ .~~s~l o~~~iH~ 1981 J~N 1 S P~; ~ O7
, • FfIEC tNf «COR11f"~
S1.LU~tt CCUN1Y.fl A.
ROGER f'OITR~'.S
CLER!! ClFCI.'!T CC.U^~
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''~ 346 PA~E2468
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