HomeMy WebLinkAbout0295p~ior ta entry of a ~udgmen~ enforcing this Morlgage if : 1 ~- Bo~rawcr pay~ I.enJer all sums which would t+e lhen duc under
this Mortgage, the Note and notcs sccur~ng Fuwre AJv•rncr+, if any, had na acceleration occurrcd; Ib- Borrower cures
aU breaches o( any othe~ cu~•enants ar agreemrnts of Bo-rowrr rumained in this Alartgage: Ic) Borrower paya all reasonable
expense~ incu~red by l.ender io en(orcing ~he covenants ~nd agrcements o( Burrower cantaineJ i~ this Mortgage and i~
en(orcing Lender's remeclies as ptovidtd in parag~aph 1 R hereot, including, hut nat limited to, reas~~nahle attorney's tees: and
Id) Barrower takes such actian as I.ender may re:~wnahly reyuire to assure that ~he hen of ~his Mar~gage, I_ender's interest
in ~he Propeny and Barrower's obligation to pap the sums secured b~• ~his Mongage shall co~tinue unimpaired. Upon such
payment a~d cure by Barrower, this Mortgage and the ohligatiunc secured hereby shall remain in (ull force and efiect as if
no accelera~ion had occurred.
20. Assig~meM ot Rents; Appointme~t ot Rece3~•er. Ac add~tiunal ~ecurit~• hcrc~mJer, Borrawer hereby aaigns to
l.rnde~ the rents of the Properry, pro~~ideJ that H~~rrowr~ chall, prior ta accele~ation under paragraph 18 hereof ar abandon-
m~nt of the Property, have the right ta collec~ and retuin such rentc as Ihey become due anJ payable.
U~n acceleration under paragraph 1 R herc~-f ur ah•rndonment ~( the Pmperty, t_ende~ shall be entitled to have a
receiver appoinled by a caurl to enter upe~n, take pcxu~~u~n of anJ manage the Property anJ to collect the rents of the
Prr.pe~ty, including thase past due. All rentc a~llec:ted hy ~he receivcr shall be applied first to payment oi the cocts o(
management of the Properry and cullection o( rentti, includ~ng, but nu~ Gmited to, receiver'~ fee~, premium~ on receiver's
tumJs and reasonable attorney's tees, a~J then tu the ~umti secureJ b~• th~s Mortgage. 'll~e receiver .hall he liahie to account
only t~~r tho~e rents actually received.
21. Fulure Ad~~snces. U~+c~n reyuect by Horrov-er, Lcnder, at l.enJcr's oplic~n wi~hin twe~ly years trom thc datc of this
~tortgage, may makc Future Advances ~o Borrowcr. Such Future Advance~, with interest there~~n, shall he s~cured by this
\tortgage when evidenced by promitsory notes staung Ihat ~aid note~ are ~ecured t~ereb)•. At no time shall the principal
am~~unt of the indehtedness secured b}~ this Mungage, n~~t ~nrluding ~umti advanecd'in accordance herewuh to protect the
~ecurity of ~his Mongage, exceed the origin::l ~mounf ol thc Note plus USS 3 ~~ ~ ~ ~. ~ ~
22. Release. Upon payment of all sumc securcd by this Mortgage, I_ender shall release this Mortgagt without charge
to Borrower. Borrower shall pay all custs ot recorJatiun, if anY_ ~
23. Altorney's Fees. A~ uud io this Mongag.: and m thc Nule, "attc~rney's fees" shall ~nclude auorney's fees, if any,
which may M: awardcd hy an apEx:llatc rnun.
IN WITNESS WHFRF.OF, Borrowrr has rx~rutcd thic Mortgagc.
STATE OF FLORIDA~ ST . LUC I E
` ' Scai
( )
D E N N I S B. ZA K -eo--~~.
YLy~.Q.i ' (Seal)
DEANNA K. ZAK -~~•~~•
COUtlty SS:
_ (Seal)
-8orrower
_ ~SCB~~
-8orrowN
_ ($C3~~
-8onowsr
_ ($C8~)
-8o-rower
I hereby certify that on thi. d:~y, brfore mr, an i~ftic~r dul~• auth~~rizeJ in the state aforesaid and in the caunty
aforesaid to take acknowledgrmentti, pcr~onatly appeared ~
DENNIS 6. ZAK AND DEANNA K. ZAK, HIS k'IFE
, w me knuwn tu tk the p~r~onl+) described in and who eaecuted the
foregoing instrument and acknowledgrd beforc mr that THEY cxrcutrd thc same for the purpose therein
expressed.
WiTNESS my hand and officiai scal in thc a~unt~~ and .tatc aforesaid this 3RD da~ of
MARCH ~ ~9 81
M~Cromttfissiop expires: ,
r»:: :-
~ ; - ~.,. ; . ' v..-~ ' ., .r.
I~I] ' •~ ', Nobry PuD1ic
r,.~ C f +?. . Zi 0f3fy ViCi~' ~t.?1~~ ~! F~ ;? :,' !;
~` A ' `~ 1.0:1tTi ~
-3 ~ ~ _~l;s , ~Y SS~u'~ Ey'~~rP" .~.~t,^ 5 1~$"ry
~ (~ ~ ~ ~ G~ 'y<~ ~p
~^. ' - --.~.v:~
. ~ ~ • '~ O
_. . .~
. (Space Below This Lin! Reserved For Lende~ snd itecorder)
FLORIDA DOCUMENTARV STAMPS AFFIXED TO ORIGINAL NOTE AND CANCEILED
B~OK350 P~~E 295
Signcd, seaicd and delivered
in thr prrscncc of: