HomeMy WebLinkAbout0979prior ta en~~~~ of a ~udgme~t enturcing this ~lortgage it : i r 1 Borrower pa~~a I.en~ier all wms wh~ch would he thrn due under
this Mi~rtgage, Ihe Note and ~ota secunng Future /~J~~anccs, it •rny, had no accclerat~on occurred: ~bl Borrow•er cures
all hrcaches at any other co~~enants or agreements of Borraw•er containcd ~n this Mongage; (c) Borrower pa~s all reuonaMt
expensa incurred by l~nder in entorcing ~he co~~enants and ag~ecmcnts o( Bonowe~ contai~td in this Nort6age and ia
enforcing [.ender's rcmedies as provided in paragraph 18 hereoi. includina, !wt no1 limited to, reax~oable attorne~•'s tees: and
Id) Borrowcr takea such ac~ion as I~odc~ may rea~nably reywre ta auurc that the I~en of ~his ~tortgage, Lenderi interat
in ~he Pro{+erty and Barrower i ohligation to pay the sums secured b~~ ~his Nongage ~haQ contmue unimp,a~red. l:pon such
payment and curc by Barrower, this Mortgage ar-t1 the obligations secured hereby shall remam ~n full torce and ef[ect as it
no ac~eleration had c~cctured. .
20. Assigoment of Rent~ AppoiMment ot Recej~~er. A. add~~i~nal ucurity hercun~ie~. Boncwer he~eby ass~gns to
I_ender Ihe rcnts o( the Property, pmviQtd Ihat Borrower shalL prior to accderauon undtr para~e~aph 1R hrrcof or abandon-
mem of ihe Properry, have the right ta collect and retain such rents as they become due and pa)abk
U{x~n acceleration under E+a~agraph IR hereof or ahandonment ot the.Propeh~. I_ender shall be entitled to have a
receiver appointed by a court to enter upc~n, takC Ex~sse~s~on of and managt ttr_ Propt~t~ and ta collcct tht rents of the
Prcprrty, including those past due All rems collected by the recei~~er iha0 he applied first to pa~ment ot the cc•sts of
manrgement of the Prope~~y a~d collec~iun of rcnb. ~nclud~ng, but n..t I~niit~~! to. rece~~~er i tee~s, premwms on r~ei~er's
hunJa and reasonable attorney's (ces, and then to ttie wms st~ured b~~ thi~ Mortgage. The recti~•er shall be liablt to accou~t ~
only for ~hose rents actuaUy~ received.
21. Future Ad~~ancea. Upan reyuect b~ Borrower, l.ender. at I ender 1 apuon v-~thin tw•ent}• years from the date of th~s
~turtgage, may make Futu~e Advances ~o Borrov-er. Such Future Advance~. w~th interest thereon, shall he secured S~ th~s
~turtgage when evidenced hy pmmissor} nutes staung th~t ~aid notes are ~e~urctii hereM. At no time shall the ~+rinciwt
am~~unt ai the indebtedness secured b~• this ~1~~rtgage. not ~ncluding wms ad~~anced m attordance hertv-~th to protect tht
~ecurit~• of Ihis R~ortgage, e~ce~a1 the original amount of ~he \ote plus l'SS 21~ ~ QQQ . ~Q
22. Releue. Upon payment of all sums securrcf by this Mortgage, Lend~r sha!! rekase this ~tortgage v-•ithout charge
~o Burrawer. Borrovrer shall pay all coits of recordauon. ~t an~_
23. Attorne}~'s Feec. As used in this Mo+tgagc anc! in the \ote. "anorrx~'~ tees" shall ~nclude attorne~'s fees, if any,
~ hich may be awar~lcd hy an appcllatc court.
IN WITNFSS WHEREOF, Borrowcr has cxcrutcJ this M~~rtgage_
Signcd, scalcd and
~~prescncc of:
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~ ' (Seai)
00 LD E. JONNS -8oroie
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L I NDA D. JOIi,NS6h ~~'.' x
STwTE OF FLORIDA, St . Lucie Counl~ Ss:
I hereby certify that on this day. b~fore mc, an oflirer dul~ auth.~rizrd in the state aforesaid and in the count~-
aforesaid to takr acknowledgrments, p~rsonally appearcd
DONALO E. JOHNSON AND L{NDA D. JOHNSON, HIS Y~IFE
, t~~ me knuw~n to tk the p~rsonls) describ~d in and who executed the
foregoing instrumeot and acknowlcdgrd beforr m~ that THEY executrd the sam~ for the purposc therein
cxpressed.
W~TNess my hand and official s~al in thc cuunt~ rnd statc aforesa~d this 22NT day of
JANUARY ,19 81
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