HomeMy WebLinkAbout0521tgf£S ePl~ '~!~1 1S 1-od
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prior to entry of a judgment enforciog this Mortgage if: (a) Borrower pays Lender all sums which would he then due under
this Mortgage, the Note and notes secu~ing Future Advanca. if any, had no acceleration occurred; Ib) Borrower curcs
alt breaches ot any other covenants or agrcemenu o! Bo~rowe~ contained in ihis Mongage; (c) Bormwer p.~-y~s all reasonable
expenses incuRed by Leader in enforcing the covena~ts and agreements of Borrower co~tained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attomey's fees; and
(d) Borcower takes such action as l.ender may reasonably rcquirc to assure that the lien of this Mortgage. L.ender's interest
in the Ptoperry and Borrow~r's obligation to pay the sums secured by this Mortgage shall continuc unimpaired. Upon such
payment and cure by Borrower, this Mongage and the obliga~ions secured hereby shall remain in tull force and eRect as if
no acceleration had occurred.
20. Assi~nmenf ot Reaf~ Appoiatment ot Recefrer. As additional securitp hercunder, Borrower hereby assigns to
Lender the rcnts of the Propeny. provided that Bomower shall, prior to acceleration under pa~agraph 18 hereof or abandon-
ment of the Property. have the right to collect and retai~ such rents as they become due and payable.
Upon acceleratio~ under paragraph 18 heroof or abandonment of the Property, I.ende~ shall be entitled to have a
receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the
P~openy. including those past due. All ra~ts collxted by the receiver shall be appliod first to payment of the coats of
management of the Property and cotlection of rcnts, including, but not limited to, receiver's fees. prcmiums on receiver's
bonds and reasonabk attorney's fees. and then to the sums xcurcd by this Mortgage. The receiver shall be liabk to account
only for those rents actwlly received.
21. Fature Advancea. Upon request by Borrower. Lender, at Lender s option within twenty years from the date of this
Mortgage. may make Future Advances to Borrower. Such Future Advances, with interat thereon, shall be secured by this
Mortgage when evidencod by promissory notes stating that said notes are securcd hereby. At no time shall the principal
amount of the indebtednas socured by this Mortgage, not including sums advanced in accordance herewith to protect the
security of this Mottgage, excoed the original amount of the Note plus USS . .. . . .. .. . . .. . . .. . . . . .. .. .. ..
22. Rekase. Upoa payment of atl sums secured by this Mortgage, Lender shall rclease ~his Mortgage wilhout charge
to Borrower. Bomower shall pay all costs of recordation. if any.
23. Attoreey's Fees. As used in ihis Mortgage and in the Note. "attorney's fees" shall include attorney's fees, if any.
which may be awarded by an appellate court.
IN WITNESS WNEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presense of:
_ . _ : _~_...,~_1,. . .v . . _ . ~ . . . ~. _~ . . .
---... .. ... ~...`.~...UC. . ........
i
.. ... .. ~ . .... ... ....
Ch rles R. Johns Jr.
.
.......(Seal)
-sa.~,..
Charlene P, Johnson
STATE OF FLORIDA, . . . . . . . . St_ .LuCie . . . . . . . . . . . . . . . . . . . . . .County ss:
. . . (seal)
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I hereby certify that on this day, before me, an ofi'icer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared. . . Chdrl.eS .R. . Johnson, • Jr.. and - • • • - - - • • • • - •
.Gbar]en~..P.. .JobnsDn ., .bis. wi.f.e .., to me known to be the person(s) described in and who eaecuted the
foregoing instrument and acknowledgcd before me that .thEy. ........ executed the same for the purposee therein
expressed.
WtrNESS my hand and official seal in the county and state aforesaid this. ..3rd . .. ...... .. .. .. .. .day of
......hk~r~it ......................19....81 , ~ _
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My com~~n~,~~,~: . . _~ . G. . . ) : ~. . . . . .I. . . . . . . ' . .
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,~,~~{j~_ .,. ~,, Notary Public, Staje of F!o-ida at Large
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(Sp~oe Balow This lin~ ReservW For LenAer snd Recorder)
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cn.Ee Rr+r F~co~oro
ST.LUCIE CC1 JNTY.it A.
RO(iER POITRAS
CIERK CIRCUI OURt
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an~K 3~ PecE 521
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