Loading...
HomeMy WebLinkAbout2557 p~iar to rntry of a judgment e~forcing this M~~ttgage if : 1 a) Bor~uwe~ pr~•~ I.rnJer all ~umc which wauW he then due under this Mortgage, the Nute and notes securing FuWre Advances, it any, had no accele~alion uccurred; Ib) Borrower cures all breaches of any other covenants or agreements of B~rrower contained in ~his Mongage; f c) Borrower pays all reason~ble expenses incurred by Lender in enforcing the covenants and agrcements af Borrower contained io this Mortgage and in enforcing Le~der's remedits as provided in patagraph 1 R hereof, including, hut not limited to, reasonable attorncy's fces; and i~if B~ftuwer takes such action ~s Ixn~ier may reax-na~iy reyuire to assure that ~he hen oF this Mortgage, Lender`s interat i~ the Propeny and Borrower's obligation to pay the sums secured by this Mangagc shall continue unimpaircd. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in tull force and efiect as if no accelera~ion had occurred. , 20. Assignmeat of Rent~ Appolntmen! of Receiver. A. addi~ional security hercunder, Borrawer hereby assigns to ~Cnde~ the renls Of !he Proipertv_ prnvided Ihat Rorn~wer chall ~+ri~r to aCCeleration under naraora~h 1 R hercof nr ahandnn- n~nt of the Property, hav~ the right to collect and retain such rcnts as they become due and payable. Upon accelera~ion under paragraph 1R hereo( ur abanJonment of the Prapetty, l.ender shall be entitled to have a receiver appointed by a couri to cnter upon, take posscssi~n of 3nd m3nage the Property and to ~nifect the rent3 of the Propcrty, including those past due. All rents callected hy the receiver shall be applied first to payment of the costs oi management of the Property and collec~ion of rents, including, but n~~t limited to, receiver's fees, premiums on receiver's honds and reasonable attorney's fees, anJ then to the sums ~ecured by this Mortgage. 'ihe receiver shall be liable to account only for thase rents actually received. 21. Future Ad~a~ces. Upon reyuest b~• [3orrower, l.ender, at I.endcr's option within twenty years from thc date of this ~lartgage, ma~~ make Future Advance~ to Borrower. Such Future Advances, with interest ~herrnn, shall be secured hy this Mortgage when evidenced by promissory ~otes stating Iha~ .aid notcs are ~ecured hereb}•. At no time ~hall 1he principal amount of the indebtedness securecl bp this Alortgage, not inciuding sums advanced in accorda~ce hetewith to protect the secunty of this Mortgage, exceed the c~riginal amount of the Note plus USS17,337._~ . . . . . . . . . . . . . . . . .. 22. Reks-se. Upon payment oi all sums u,-cured by this Mortgage, t_ender shall release this Mortgage without charge to Burrower. Borrower shall pay all costs of recordation, if ~n~•. 23. Attorney's Fee~. As used in this 11lortgage and in thc tiote, "auorney's (ces" shall include attorney's fees, if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borro~vrr has exccutcd this Mortgage. aforesaid this. . . . . _ _ . . . . . ~ ~ ?~4'~. . . . . . .da~ of P • ~-~ ~. ~ i,~ ~ ir ~ ~ ; . . . _ . . : : ~-t~ti-. _ ,.~ ' .1. . ~.~.'~ Lt . !--:~,~ ;t.,, . . . . . . . . . . . . . . . ~ `~ ~'~1 ~` ~ ~y Notary Publit ~ -~"~ `-~. =~`': rn d. and official ~cal in the count~~ and statr ~~.~:L . . . . . . _ . . . , ! 9 . :~i ! . . . r, : ~ = '~J-a ~~s' ~t `~ ' ~ `' 4 (Space Below This Line Resened For lender and Recorder) ~ ~. ~ .i~r. _ _. ~ _- Signcd, scaled and delivered in thr prescnce of: ~ `r~:~~~. . .`:'.'~ v.:C~.~tl..:.~ ~ , ? - ~ . ............. . ~i ~ ~ L44~;LC/ ! / ~~ . ~i~~f,,~L L~- . . . . . . . . . . . . . . ~-.- ! . ~~ ~-.`.'.°. t~'~ `;~ =' .°. . . . : . . . . . . . (Scal) (~]S~SO~1 ' -eorrower ~~ R. ~ ~ _ " 7 L' - : • ~~ ~;l~t~ : /. :~~~~~~'~~~`~'!'. (Seal) ~Lyim M. C~stafsan -eo~.~~. V L' ~: STATE OF FLORIDA, . . . . . St, ,LuCie . . . . . . . . . . . . . . . . . . . . . . . .County ss: I hereby certif~~ that on this da~•, tkfore m~, an ofli~cr Jul~ authoriud i th~ statr af~~resaid and in the county R. (~sta~son and aforesaid to takc ack owledgcments, p~rsonally appeared. ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. Lyr~ M: .(~sta~SOn. .. . ,,,,_.,, to me known to b~: the p~:rson(s) described in and who executed the (oregoing instrume:-t and acknowledgrd befor~ me that. ~?~Y. ...._...ex~cut~d the sam~ for the purpose therein cxaressed. 3!lt1K349 P~~E2556 _._~