HomeMy WebLinkAbout2502prior to entry of a judgment entorci~g this Mortgage it~ (a) Borrower pays Leoder all surrts which would be then due under
this Mortgage. the Note aod nota securi~g Future Advances, it any. had no axeleration occurrcd: (b) Borrowe~ cura
all brcaches ot any other covenants or agreemeots ot Borrowe~ contained in this Mortpge: (c) Borrower pays all ressonable
expenses incurrod by I.eader in enforcing the covenagts and ag~aments of Bomower contained ia this Motigages and in
enforcing Lender's remedia as provided in paragraph 18 hercof. including. but not limitod to. reasonable attorney's Iea; and
(d) Borrower taka such action u Lende~ may reasonably rcquire to assurc that the lien of this Mortgage. Leader's interest
in the Property and Bornower's obligation to pay the sums securcd by this Mottgage shall continue unimpaired. Upon :uch
payment and cure by Borrower, this Mortgage and the obligations securod hercby shall remain in Iull force and el[ect as if
no aocelentan had occutred. .
26. Asd~ao~eN ot Rentfi Appolatmeat ot Recelver. As additional security hereunder~ Borrower hereby assigns to
l.ende~ the rents ot the Property. provided that Borruwer shall, prior to acceleration under paragraph 18 heroof or abandon-
ment of the Property, have'the right to collecl and retain such rcnts at t6ey become due and payabk.
Upon acceleration under paragnpli 18 heroof or abandonment of the Pmperiy. Lende~ shall be entided to have a
receiver appointed by a court to enter upon. take possession of and manage the Property and to colkct the re~ts of the
Property. including those past due. All rents collcctecf by the receiver shall be applied first to payme~t of the costs of
management of the Property and collectiun of re~ts, including, twt not limited ~o. receiver's fees, pr~miums on roceiver's
bonds and reasonabk attorney's foa. and then to the sums sccurod by this Mortgage. The receiver shall be liable to account
ooly for those rents actually ~eoeivod.
21. F~hre Aa~a~ces. Upon reque3t by Borrower, l.ender, at t_ender's option within twenty years from the date of this
Morigage. may make Future Advanca to Borrower. Such Future Advances, with interest thereon. shall be secured by this
Mortgage when evidenoed by promissory nota stating that said notes are securod hereby. At no time~shall the principal
amount of the iadebtedn~ss socured by this Mortgage. not including sums advanccd in aocordance hee~ewith w protect the
...........................
security of this Mortgage. exceed the original amount of the Nwe plus USS...----------------------------
?2. Reka~e. Upun paymeat of all sums socurod by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU coats of recordation. it any.
23. Attorsey's Fees. As used in this Mortgage and in the Note, "attomey's fees" shall include attorney's fea. if any,
which may be awuded by an appellate coun.
~N H/ITNESS WI;EREOF, Bonower has executed this Mortgage.
Signed, sealed and delivered
in the Dresence of: '
~~:~.\s~ti~,~~.1. . ~~:-:ti~~..t!u~c.~~.t
. ~~-~ . . . ~'~~`-t;' . . . . . . . . . . . . . . . . . .
~~ti -~ .c~ . . ~? . . . . . . . . . . . . . . . . . (seaq
~ ~ lorence ~Reiner _~,,.~,
..........................................(Seal)
--8o.ro««
St. Lucie
STATE OF FLORIDA, . . . . . z . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .COUIIty S5:
1 hereby certify that on this day, before mr, an oH'icer duly authorized in the state aforesaid and in tbe county
aforesaid to take acknowledgements, personally appeared. .. Flor~~ce, R~~ng~,, an .~n~Xri,ec]... .. .. ...
. , . .wo~oan , , , , , , , , , , , , , , , , , , , , , , , , , ,, ~o me known to be the person(s) described in and who eaecuted the
foregoing instrument and acknowledged before me that _...s.he .......eaecuted the same for the purpose therein
expreccsed. ~ ~ . ~
W~TNESS my hand and u~'icia! sc:al in the county and state aforesaid this. . . . . . . .13t1~ . . . . . . . . . . .day of
. . . . DQCE144~X . . . . . . . . . . . . . . . . . . .. 19. 8.0. . ..
`,~,;~Hj~y,~ommission exp~res:
~~' ~ ~ ~.~~ _ ~ .~..
~ ~~•~ .• ~~ :~ ~•~s•, -
'.`~~ ,~~~ ~?'•rJ-,)~'s
_ ,-, j~ '~ t``7 -, ~_ ~' _
L ~; ~: C'f `f` f~ ! ~; =
y ~ ~: c
y• '`=+.~•..- ..~3 ~:
• ~~ . - ( •l•, J ,`~~
• l•~ ~ ` ,~ • ~`~
~~1...1~~~\~~~`,,
(Spac.e Below This line Res~rwd For Lende~ snd RecorOeq
(jC,+,^t` ~tiit,•- ~-„~•-r!ti ~C.O~
.
~ j 1981
,.'ru:.v~ ~~... _~~._, . ._ ._;.~ ~_.,vJIH~
ly ~
,!: f! I 5 P!~ ~ S 4
f «E~ ~r+t F!-coNCt n
S1.lUCIF COUYtY.flr.
RCGER POITRAS
CLER:i C:RC~:'~~
. '~ . a,~ •~ .. ----
51382'7
. . ~~I/~ .~.~~11,1. .%~~~t~~~j' . . . . . . . . . . . . .. . . . . . . .. . .
Notary Pu~lic
~~ory Pub~'~t Stat~ ot F~~P~s~
ot Lorye. My Com~sti~
March 7. 1962
nr, 346 P~Gf 24~
sn~x
_,_~_.~~.. ~