HomeMy WebLinkAbout1630prior to eo~ry of a ~udgment eotorcing this Mong~ge J: ~al Borrower pay~ l.enJe~ •rll sums which would he then due under
this Morlgage, the Note and notes ucunng Future Advanre~, i( •rny, had oo acceleration occurred; Ih) Borrower cura
all breaches af any other covenants ar ~greementc of Ro~~awer rantained in ~hi~ Morlgage; (c) l~rrower pays ali reasa~al~Ie
expe~ses incurred by Lender in e~forcing ~he covena~ts and _ agrcements ot Borrower contained io this Mortgage and in
enforcing Lender's rcmcdies as provided in paragraph I it hereot, including, but nat limited to, ~easonable attomey's (ees; and
Id) Borrower lakes such aclion as l.ender may rerwnahly rcyuire to assurc that the I~en ot Ihis Mortgage, Lende~'s inttrest
in the Prope~ty and Borrower i ohligation to pay thc sums secured hy ihis Martgage shall a-ntinue unimpaircd. Upo~ such
~ayment and cure by Borrawer, this Martgage a~d the obligations secured hereby shall remain in tull torce and effect as if
no acceleration had accurred.
20. Assi~nmeM ot Rents; Appolntmenl ot Recej~•er. A~ additianal cecurity hercunJer, Borrawer hereby acsigns to
I_ender the rems ot the Propr~ly, provideJ tha~ Barmwer shall. prior to acceleralion under paragraph IR hercot or abandon-
m~nt of the Property, have the right to collec~ and retain such rents as they become due and payable.
Upc~n acceleration under paragraph IR hereci( or abandonment of the Propehy, Lender shall be entitled to have a
receiver appc~inted hy a court to enter upan, take po»essi~~n o( anJ man3ge the Properry and to collect the rents of the
Prcper~y, including those past due. All rents collecteJ hy the rcce~~er shall he appliecf 6~st to payment o( ~he costs of
management of the Property and collection of ren~s, includu~g, hut nw limited ta, recei~•er'~ fees, premiums o~ receiver's
tanJs and rrasonable attorney's fees, and then a~ the sums ~ecureci by this Mortgage. The receiver ~hall be liable to account
only for those rents aclually received.
21. Future Advancea. Upon rcyueu b~~ Rorruwcr, I.ender, at I.enJcr c option within twenly years trom the date ot this
:~tartgage, may make Future Advances to Borr~~wer. Such Fwure Advances, with interest Ihereon, shall he secured by ihis
~tortgage when evidenced by promissary~ notes st•rting ~hat said no~es are secureJ hereMy. At no time shall the principal
•rmount ~f the ~ndebtedness securecl by this M~~r[gage, ~ot ~nrluding ~ums ~dvanced in accardance herewith to protect the
_ ~ecurity of this Mortgage, e~acceecl 1he original amount o( the Note plus USS ~ 6~ ~~ ~. ~ ~
22. Release. Upon payment oi all sums s~cured by this Mortgage, I.ender shall release this Mortgage without charge
to.Borrower. Borrower shall pay all costs ot recordation, it any. -
23. Attorney'i Fees. As uscd in th~s Mortgage and in ~hc Note. "att~~rncy's (ccs" shall include attorney's fees, if any.
which may be awarJed by an appellate coun.
IN WITNESS WHEREOF, Borrowcr has cxccuted this Mort~gc.
Signed, scalyd and delivered
in thr presencc of:
Q,,c Qt~~ ~"~' ~/V - (Scal)
1 EA R W. E D D 1 E -ea.~~.
~ ~
~G _l~o.-~... ~~.~ J - ~C_ ~~ (Seal)
NCES K. EDD 1 E -so..a.~.
(Seal)
---eonow..
(Seal)
-Bo.rowe~
($C81)
--8o..ow~.
($C~)
-9wrower
STATE OF FLORIDA, ST . LUC I E
COUflty SS:
1 hereby certify that on this day, b~fore mc, an oflicer duly authorized in the state aforesaid and in the eounty
aforesaid to take acknowledg~mrnts, prrsonally appearcd
EARL W. EDDIE AND FRANCES K. EDDIE, HIS WIFE
,~u me known to tx~ the pcrson(s) described in and who executed the
foregoing instrument and acknowledgrJ before me that THEY executrd the same for the purpose therein
c~pressed.
- :s.--_ • .
`~~sy~,,,~f my hand and official scal in the county~ and statc aforesaid this 28TN day of
,,~.~` p,~1y~~t~ ~ , 19 81
r ~ : .• .a -•,~~ ,t/ ~3.~ ~' _
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: '~'~~rlyC~om~'si~qe~~ffcs:
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Z.~1 ~ ~- ~~ NOTAAY 1116L1C STATE OF f10R1DA ~
~`~'•~ r y~i \~ ~ ~ COQ+tM155~t1N El(DM£5 1NARCM uRGE
`~ "••` ~~ . 60HDED 71W{1 MAYNAl10 appp~a l. Ig~
~ y 9~~'+ ~1 ~''~ . - ._ ~c~
.;:na~..
(Spste Btlow This Lint R!slned ior LlnOlt snd RKOtdlr)
t FLORIOA DOCUMENl'ARY STAMPS AFFIXEO TO ORIGINAL NOTE AND CANCEIIED
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. . ' $n~K 34~ PAGE 1624 =
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