HomeMy WebLinkAbout2011prio~ to e~try of a judgment enforcing this Mort~a~e if: (a) Borrower pan Lende~ all swra which would be thea due under
this Mongaae. the Note and nota ~curing Futuro Advances, if any. had no aoceleration occurred; (b) Botrowe~ cu[a
all breacha of any other covenanta or a~reemenb ot Borrower containod in thi: Mortp~e; (c) Bornower pay~ all t~asonable
expenus incurred by Leader in eaforcina the coveoagts and a~aments of Borrower coatained ie this Mortsa~e and ia
enforcina l.enderb remedies as provided in pangraph 18 hercot. includina. but not limited to. reasonabk attomey`t fed; and
(d) Bornower t~ca such action u Lender may reasonabiy requirc to assuro that the lien of this Mortp~e, Lender's ioterest
in the Pmpetty and Borrowe~'a obligation to pay the sums secured by this MoRgage sball continue unimpaired. Upon such
payment and curc by Borrower, this Mort~age and the obligations aecured hereby shall rcmain in full fora and eftect ai if
no acceleration had occurrod. -
24. Ard~saea ot Re.e~ Appolaa~e^t ot Recei.K. As additional security herounder. Borrowe~ hercby assigns to
I.ender the rents of ihe Property. provided that Borrower shall, prior to accelention under parag~aph 18 heroof or abandon-
ment of ihe Property, have the right to collect and rctain :uch rents as tbey bocome due and payabk.
Upon acceleration undar paragraph 18 hereo( or abandonment of the Property. Lender shaQ be entitled to have a
receiver appointod by a coun to enter upo~. take posseuion of and ma~age the Property and to collect the renta of tbe
Property. i~cluding those put due. All reats rnllcetal by the receiver shall be appliod first to payment of t6e coats of
management of the Propeny and collection of rcnts. including. but not limitod to. receiver's fees, premiums on receiver's
boads and reasonabk attorney's fea, and then to the sums socurcd by this Mortgage. 71~e roceive~ shall be liable to aocount
only for those rcnts actually roaived, .
21. F~e Ad~a~ets. Upon requ~st by Bormwer, I~nder. at l.ender's option within twenty years from 1fie date of this
Mortga~e. may make Future Advances to Borrower. Such Futurc Advances. with interat theroon. shall be secured by this
Mortgage when evideaced by promissory notes'stali~g that said notes are sccured hereby. At no time shall the principal
amount of the iadebtednas securod by this Mo~age. rat including sums advanced in acxordance herewith to protect the
secu~ty of this Mongage, exoeod the original amount of the Note plus USS.""""""' ."""""""'
?2. Rdare. UpQa paymeat of all sums secured by this Mortgage. Lender shall releise this~Mortgage without chuge
to Bocropve~. Borrower shall pay aU coats of rocordatan. if any. ,,
23. Adorsey's Fees. As used in this Mongage and in the Notc. "attorney's fees" shall i lude a Arney's [oet, it any,
which may be awuded by an appellate court. ._ --~ _
IN Wi'CNF.SS WH@REOF, Borrower has eaecuted this Mortga . ` - `
e g
Signed, sealed and de~ivered
in the DresenCC of:
~ i'1~~cvv~ . . ~: . . .~-x-.~:t.,ts~~ . .
~'~~!Gy~ . .v~-.~. ~t . . . ~!` ~~-c. . . . .
v
a ery ag er
.....J 1~1.~ Stienlcs .. ...................-eomow•.
. .. . 0.7~./~. :~:?` `~`,~, ,t'. .. . . . . . .(seat)
~Fey~ S~anks ~,~,,N,.,
STATE OF FLORIDA, . . . . . . . . . . , S C . Luc i e ~ , , , . , Co~nty ss: _
I hereby certify that on this day, before me, an ofTicer duly authorized in the state aforesaid and in the county
aforaaid to take acknowlaigements. personally appeared.Bryon..1...Meagher..and.Val~er.y.kteagher.,his. wife and
Johtt .W. . Shank~ .and. fa.y. .Shaoks.,.,. !o me know to be the person(s) described in and who executod the
foregoing instrument and acknowledged ~e~' ~ me that. .tRey. .......executed the same for the purpose Werein
expressed.
W~triESS my hand and o6'icial scal in the county and statc aforesaid this. . . . . . . . .> > th. . . . . . . . . . .day of
..............19.$Q....
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~~~ry -vbNc S~ol~ of fb~da
p~ lorge. N1Y =~^u~~ ~P~
Ma~c:+ ~. 1902
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(Sp~t.e BNow This LiM R~sKV~d For lend~r ~nd R~torOtq
05~£ d^r'~~i~ `?~~J3[d ll`lOj 1981 J;1i~ 30 F~ I~ 29
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SI.LUCIE COL'N'Y.f I A.
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CIERK CIFCI'~T CCL'?' ~
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