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p~ior to emry ot a judgmem cotorcing ~his Mor~gago if: Ia1 Bo~rower pays l ende~ all sums which wauld he ~hen due under
~his Mortgage, ~he Note and notes securing Fu~ure AJvanre~, it any, had no acceleration occurred; lb) 8orrower cures
all breaches ot any othe~ covens~ts o~ agreements i~t Ba~rowo~ rontained in this Mortgage: (c) Borrower pays all rcasonablC
expenses incu~red by Lende~ in enforcing Ihe covenan~s aod agrecmems at Bo~-ower ron~ained in 'this Mortgage and in
entorcing Leoder's rcmedies as provi~ied in paragraph IR he~ec~(, including, hut nat limited to, reasonable attorney's tees; and
(d) Borrowcr takes such aclioo as l.endc~ may reasanahly reyuire ta assure thal the lien ot this Morlgage, Lender's intercst
in the P~oputy and Bomower's obligation to pay the iums xcured hy ~his Mattgage shall continue unimpaircd. Upon such
payment aqd cure by Bo~rowe~, this Mottgage a~d the abliga~ions secured hereby shall remam i~ (ul) force and efiec~ as i(
~o accek~a~ioo had, occurred.
20. AssiRnmeat ot Reets; Appointmenl ot Rece1~•er. A~ additiunal ucu~i~y hercunJe~. Borrower hereby assigns to
l.cnder the ren~s of the Property. proyided that &~rmwer shall, prior ~o acceleration under parag~aph 1 R hereof o~ abandon-
ment of the Property. have the right to collec~ and reta~n :uch ren~s as thcy become due and payable.
Upon acceleration under paragraph 18 hereo( ar al+andanment of the Propeny, Lender shall be entitled to have a
receiver appointed by a court to enter upon, take posussion ot and m~nage Ihe Praperly and Ia collect tFie rents of the
Preperty, includi~g thos~ pasl due. /111 rentc collected hy Ihe receiver shall he applied firsl lo payment o( the costs of
man~gemenl of the Propeny and collectiun of ren~~, including, but nut limited to, rcceiver's (ees, premiums on receiver i
honds and reasonable attorney's fcea, and then to the sums secured by ~his Mor~gage. The ra:eiver ahall be liable to account
only far ~hose rents actually rcceived.
21. Future Advsnca. Upon reyuest by Barrower, l.cnder, at l.ender's option wi~hin ~wenty years trom the date of this
Mortgage, may make Future Advances ~o Borrowcr. Such Future Adv~nces, w~th interest ~hereon, shall he secured by this
Mortgage when evidenced by promissory no~es stating that said notes are secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mor~gage, not including sums advanced in accordance hcrcwith to protect the
security of Ihis Mortgage, exceed ~he original amount af the Note plus USS 5~ 5~~.00
22. Rekase. Upon payment of all sums secured by ~his Mortgage, Lender shall releasc this Mortgage without chary~e
to Borrower. Borrower shall pay all costs of record•rtion, it any. •
23. Adorneys Fees. As uxd in this Mongage and io ~he Note, "attorncy's fccs" shall include attorney's tees, i( a~y,
which may be awarded by an appellate court. ~
IN WITNESS WHEREOF, Borrowcr has cxccuted this Martgagc.
Signcd. scalyd and deli~ertd
• prescncc of:
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.
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(Seal)
STEP M. EDO AY -sa.~..
`1~,~ ,~/ -
(Seal)
EL G. REDO AY -•o..~..
(~~)
-~artow~r
~~~~
-ew-owK
~~~~
-~otrow~r
(StB~~
-aw~owa
STATE OF FLORIDA, ST. LUC I E
County ss:
1 hereby certi[y that on this day, txfore mr, an ofiicer duly authorized in the state aforesaid and in the county
aforesaid to takc acknowledgcmrnts, prrsonally appcarcd
,
S,TEPHEN M. REDOWAY AND ETHEL G. REDOWAY, HIS WIFE
,~u me known ti~ bc the pc~son(s) described in and who exccuted the
foregoing instrumcnt and acknowlcdgcJ beforr mc that THEY cxecuted the samc for the purpose therein
eapressed. ~
_t~!~(~~~,~and and official scal in the county and statc aforesaid this 30TH day of
~ 19 81
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~ FLORIDA OOCUMENTARY STAMPS AFFIXEO TO ORIGINAL NOTE AN~ CANCElLEO
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- eoa 347 P~GE 2835 ~ `
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