HomeMy WebLinkAbout0662prior to eotry of a juJgment en(orcing this Mungage if : 1 a 1 Borrowcr pa~•i l.enJcr all sums which would I~e then duc under
thii Morlgagc, the Note and notcs ~ecuring Fuwre Advanrc+, if any, had no accelcrat~on ~~ccurrcd; ibi Borruwer eutts
all breaches of any other covenant~ or agrrrments ol Bo~ruwer cunta~ned in this Martgage; (c) Borrower pays all reasanable
expenses incurred by l.ender in enforcing the cavenants and ag~rements of Borrower con~ained in Ihi~ Mortgage and in
enforcing Lcnder's remedies as pn,vided in pa~agraph I R hen~~t, ~ncluding, but not limi~cd ta, reawnable attorney's fees; and
~d1 Barrower takes such actian as I_ender may reasonahly reyuire ~o a~wre that the lien af this Mortgage, l.ender's interest
in Ihe Praperly aod Borrower's oblig~tion to pay the sum~ eccured by ~hi~ Mongagr shall cominue unimpaired. Upc-n such
pa}•ment and cure hy Barrower, thic Mortgagr anJ the obbga~iom secured hereb}• shall remain in (ull force anJ effect as if
n~. acrclerat~~~n had c-ccurrcJ.
20. Asc~nment of Rents; Appoi~tmeM of Recej~er. A~ aJditiunal ,ecun~y hcrcunder, $orrower hereby a~~ignc to
(.ende~ the rentc of the Propert}•, pr~~.•ideJ thal Borruwer ~hall. prior 1~~ acreleration under par.~graph 1 R hercuf or abandon-
mrnt of thc Propcrly, havc thc right to collcc~ and retain surh rent~ ss ~hcy I+crnmc duc anJ payahlc.
U~x~n acceleration unde~ par.~graph IR hcre~~l or ahanJ~~nmcn~ o( the Pro~xn~•, I.ender ~hall t+~ entitled ta have a
receiver appoinled by a c~urt to emer upe.n, take Fx~~se»~un of and manage the Property and to collect the rrms of :he
Prrpert)•, inrluding those pasl duc. All rcnt~ a~llcclcd h~~ thr reccivcr tihall he applied first t.~ pa~•men~ of the costs of
management of the Property ~nd cotl~ctiun uf rent~, including, hut nut I~miteJ to, receiver'~ fee., premwms on receiver'ti
honJ~ and rcasunable •rttorney's t~Y~, and then tu thr ~um> >ccurc~l hy thiti ;11~~ng~ge. The rece~ver .hall he liable to account
only tor ~h~»e rents actuall~~ received.
21. Future Ad~ances. U~n reyue~t M I;orruwer, 1 cndcr, at I.cndcr'~ uplu~n uithin ~weM}~ yean from thc datc of th~s
\tortgage, may mak~ Future Ad~•anc~s to Borrow~cr Such f=u~ure Ad~~ancr,, w~~h intere~t thereon, ~halt he secured by this
~longage when evidenced b~• promi.iory notc~ ~tat~ng that ~aid n~~tc~ arc ~ecured hercb}~. At ni~ time shall the princi~l
anx.u~t ot the indebtednes~ secured by thi~ \tortgag~, nut ~ncluding ~um~ ad~•enced in accordance herew~th to protect the
xcunh~ ot thiti ~1~~rtgagc, cuccJ thc ~uiginal am~~unt ~~t thc Nutc plus l'SS 35 ~ ~~~. ~~
22. Release. Upon papment o( all wmt ~rcurcJ by th~s Mongage, l,ender shall relea~e thi~ Mortgage without charge
to Borruwcr. Borrowcr ~h~ll pay all ru~t~ of rccor.la~i~~n, it en}.
23. Atbrne~'s Fees. A~ uud in Ihu Martgagr and in thc !~iute. "atli~rncy's f~eti" shall ~nclude attorney's (eec, it any,
H hich may~ tx awarJcd hy an ap~x:l{atc court.
IY ~VITNf.SS ~VIICRI:OF, Bormwr. has cx~cuted thi~ ~4cirtgagr.
SignrJ, sralyd and deliv~ rcd
in thr prrscnrc of:
~ ~~'.r-4 ~: «<.. ~ .~~...-._- ~C
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.,
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MA I B T Z ' -ea.~~.
-- . ~~~C w , '~L~-G (Scal)
JOF~LI LE 1 BOW! TZ /-ao~.~~.
/
(Seal)
-6onower
~~Ea~~
-6orrowe~
~SCB~~
-8onower
~SCB~~
-6orrower
STATt OF F'IARIDA, ST. LUC I E
I hereby certify that on this day. Fxfure m~
afuresaid t~~ takr arknowlcdgrmrntti, ~x r.onall}
MARK LEIBOWITZ AND JOELLEN
~~t-Ultl)' SS:
:in ~~tlir~r Jul~ authc~rizc~i in thr ~tatr aforesaid and in thc rnunt~•
app~arcd
LEIBOk'ITZ, NIS M'IFE
, u~ mr knuw~n t~~ tx th~ ~x rs~~nl ~) descritkd in and who ex~cuted thr
foregoing instrumcnt and acknowlcdgr~ befor~ mc tha~ THEY ~xecutrd thc samr for the purposr therein
ezpressed.
WiTtvess my hand and official .~al
FEBRUARY
MY~+~sion ~~ipues:
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_ ~p~ - Qi ftORIDA A1 U~C'+E
~~! ~~f N"IRES MAII . Id 1982
~p.t!*11 ~ INS, IIt~EIIWRITE~i
in the a~unt} an~ titstr aforesaiJ this 20TH day of
19 $1
/~~~~~ ~ , ~`
~_~ ~~
Notsry PuDlic
(Space BNow Tn~s Lme Reserved Fo. lende. and Recorder)
FLORIDA OOCUMENTARY STAMPS AFFIXED TO ORIGINAL NOTE AND CANCELl.EO
g~ttllx( J~9 FaGE ~.,