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HomeMy WebLinkAbout0512pnor to ~mn~ u! a judgmcm enlarc~ng thi~ ~i~~rtga~;c if: ~:+1 Burr.~wrr pa~, I.rnJ~r all ~unt~ which Nuuld Fx Ihcn Juc undcr thi~ M~,rtg~ge. thr Note and notes securing Future A~~~an~r,. if any. had no accelerauon u~curred: ~hl &~rrow•~r cureti all hrcache~ of any othcr covcnants or agre~m~nts o( BorroNCr,cuntaincd in th~s \tortg:i~;c: Icl [iurruNrr p:~>a all rc:-~~nabir e~pen~es incurrecl hy t_ender in entorcing the covenants and agr~cm~nts ot Barrower containe~ in this \lixtgage and in enf.~rcing l.~ndcr's r~mc:ties as provided in para~raph !R he~e:~l, ~nc!~.~di!~o, h~~r n~t limited to. rra~~~nahle attorn~~'s fer~: and (d- B.~rrowcr takes such action :~s I_en~ler ma~• rrawnahly rcyuire Io a.surr that thc lirn ol thi~ Mortgage, Lender's imerest in the Propert~~ and Borrower's obligation to pay the ~ums secured h~~ this ~tortga~;e ~hall continue unimpaired. U~n such payment and cure by Bormwer, lhis ~lortgage and the vbligations aecured hereb}• shall remain in full forc:e and etTect as i[ no ~cre~eration had c~ccurrcd. 20. Assignment of Rents; Appointment oi Recei~er. A. ad~litiun:+l +ecuritn c~reundrr, Borro~vcr he~eby :~t~~gm to Lrnder the rentc of the Prope~l~~, pro~~idcd that Borru~•er .hall. pri~~r to acceleratinn und~r parag~aph 1 R hrreuf ~~r abandon- mrnt ~~f the Prop~rty, have the right to roUert and rrtain surh r~nts as the~• become Jue and p:~yahlr. U(x~n accelcration undcr paragraph IK hcreot or ahandc~nmcnt of thc ProExrt)'. I.rndcr +hall tx cntiNcd to havc a recci~'er ap~inted h~• a court to entcr upon, tak~ ~»>e~sion of anJ man:+ge the Propert~• an~f ti- rnllect thc rems of Ihe Pro~xrt~, including those past duc. All reqt, rollicted h~ thc reeeiver shall he applied first to ~a~ment c~f the cust~ of m:inagcmrnt of thc Propcrt~' and coll~cti~,n uf r~nh, in~lud~ng, hut nut limitrd tu. reccivcr'~ tce~, prcnuum.• .~n r~cci~•cr'a tx~nds and rea,onahlr attorne}'s [er~. and then t~- thc wmti ~ecured b~ thic \lortgagr. "1~e receiver shall tx~ IiaMe ta a~count onl}~ lor thu~e rents a~tuall~• •recei~-ed. 21. Futurc Ad~~~nces. l1Ex~n rcyuc~t b~' Borr.~wcr, l.cndrr, at L~ndcr'~ uptiun Hithin twcoty ycar. from thc d:itc of thi~ \torte:iee, ma~• make Future Ad~~ance+ to Born~H~er. Such Futurr :~d~~:+nrt.. ~•ith intere.t thereon, shall he srcured h} th~s ~t~~rtgage when :~~idenced M promi.sc~r~ n~•t~. stating tha[ .ai.f nutr. are ucured herrh~. At nu tim~ .hall the principal am~~unt of the indebtednrss tiecured b}~ thi~ ~tortg.~g~, n~n in~luding ~umti aJ~~anrcd in accordance here~cith to protect thr ucunt~ of thi~ ~torteagc, c~cccd thc onginal anx•iint ~~I thr \otc plus l'SS. ~.,.zSp..Q~ .... .. ... ..... .. .. 22. Release. Upon payment of all wms .ecurcd h~• this ~tortgagc, Lender shall relrase this Mortgage w•ithout charge tu Borrowcr. Borrower shall pa~~ all cutits uf reror.iation. il am. 23. Attornev's Fee,. At u,rd in thn ~1ori~agr and ~n thc \.~tr. "atturnr~~'~ lecs" shali include atturncy~'~ fec~. if any. which mav tx aw'arde.f ht an apExllatr ~ui~rt. , I\ WlTNfSS WHF_REOF, Borrovrrr ha. e~~cut~~i thi. ~l~~rtgag~. S~gnrd. ~~alyd and deiivered in th~ pr~srncc of: ~ ~ ~~ ~ -] ,~ . . ,~>.G~.\.:~ C'~-. . , Z--~-~- 4':1,.~' . . . . . . . . . . . . . `c~ /l.. . .~y-.---- . . . . . (seal) , , .~.l. . -eo.~~~. , ~~' ~ ,~ ROBERT NYDAM ~~ ~'~; ,r.L "~ '~/~c~. 'L~t~. . . . . . . . . .. . . . . . . . ./.%~l'.~ F.~~~/~ //.li,f/C R',~,.c~ . . . . . . . _ .(Scal) ~~. . ~ . ., • • • ` t MARION K. NYDAM '~ -eo.rowe~ St. Lucie ..Count ss: ST,tTE OF FI.ORID:1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . )' 1 her~b~~ .-crtif~~ that on thi~ ~ia~', h~~fur: m;. an ~~tlic~r ~iul~ authuriz~J in th~ .tat~• af~~r~~aid anJ in thr counh 3for~sai~i t~~ tak~ acknawleetg_m~nt+, ~nonall~~ appear~d_ . . . ROBE~tT .NYDAM and .r1ARIQN .K. _NYDAM . . _ , . . ~ _ :~ _, _., ..~... ..e,~ .-,.. . .111`•3. W11C . . . . . . .. . . . . . tll Illl' K[111R"11 ll! lK Ull ~1CIJVI~Ii ~ 1 u~.~~~nnu u. u.... ...... ....~~.~'_- °'- . . . . . . . . . . . . . . . ' fureguing instrum~nt and :~ckn~~wlr~igr~i befur~ m~ that. ._ they _.....~~«ut~~ th~ sam~ t~~r the purFx~,~ th~rrin rxpr~sx~i. ~ 19 th . . . . . . . . . . . . . . . da}- of 1~'i7~tt:ss m~~ hand ~nd uflirial .;al in the :~~unt~ and ~tatr afurrsaid this. .. .. .. .. ......_. Marcfi ...................ly.,_81.. 1Ay Commission ~xpires: ~ - ? /' ~j .~ ~j ~, '.'~6eat _ . . . . . 'r ~ . ~ ifJbrA1~Y 9U~UC STATf"~~~fF;11~7C~TT~E,(~ v ,j` "'. Mr cu.:..:.,,...,.. ....~s ~urvE _~ tss3 l " n r`? •~ 80rdDED InAU c,cs~~,c.:1 ~rvS . uNUiBwR1tE,~S ~ ' {t % ~ ~ ' 1~ v . . +_ , O.l......`.......... Notary Pubi~c (SDace 8e:ow Th~s L~ne Reserved For lenaer and Retorder} ~',y ~l t .s~ ~ .~ ~ ;-~.~riG'a _ ; ~; 198i 1'rR 23 ~i :1= 10 F~~ ~ ~ t~t ~: CLf ~` 5!.IUC'E iCL"1:y,~~i ^ P~iG_.R !'Gli:~%5 ~ CIEFK Ci; r,~;' ~t ~;, .~ , - , U ' ( s~i3u~ n~~K351 PAUE 5i1