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18. Aooeleratton; Remedles, Rioept u provided in parasraph 17 6enot, npoa ~orrowre~~ bee~cb ot aqf oovenant oe
asreement of Borrower in thL 1[ort~~e, Liclndia~ the ooveaanq to pq w~a ~¢e aqy ~upi b~? thi~ M
prior to aooeleratioa ~hall maii notloe to gorrower ~ provided in para~npb 14 hereof ~d~
~Ped (1) t6e bre~cb:
(9)
tbe wction
re9uired to are ach breacb: (3) a date. aot lew tlu~n 30 dq?~ Awm the date the notbe i~ maUed to Horrowrer. b0? w~bich wch
breac6 mwt bs curad; and (4) that i~llure to cnre ach breach op or bsfore the date spedAed ta the nodos auy? rewk in
aooeleratlon of the wau~ ~ec~ued by thL ![ort~a~e, toreclosure by jndiclal Proossdins ~ad sale ottl~s Prope~q. Tbe notke ~haU
l~rther iafora~ Baetower oi the ti~ht b relnstate aRer ~ooeleratioo and tbe rl~kt to w~st in eLe toreclwure proosedin~ tbe
aon-e=isteaos oi a detault or an~? otber defewe of Borrow?er to wooelendoa ~nd iaeeclwure. I[ t6e bee~c6 L not cnred on or
betore t6e dwte ~peciAed ia tbe notioe. I.ender at Leader'~ oPtion ma~? declare all o! tbe ams ~ecured bp t6L~ ~[ort~ass to be
immediate~ dne and p~ywW e w~ithout ltirther demand and my? iorecM~e thL l[oi'ti+~e b~? jnd~ial prooeedin~. I.ender ~1u11 be
entttled to oolled in wc6 prooeedins all espea~e~ of foreclwuce, includin~. bnt not limited to. reawaable attorney'~ iee~, ~nd
oosts of documeatary evidence, ab~tract~ apd title reports. ~
19. Borrower'~ Ris6t to Reiiutste. Notwithstanding Leader's aooeleswtion of the sum~ sscured by thi+~ Mort~+~e. Bo~e~ower ~haU havs
we rigbe to have aw? r~ begnn by L.ender to ento~e chis Mortga~e ai.oontin,ied ac aw? time p~ior to enay of a jud~meac entorcing
this MortBaQe iF (a) Borro~ver pqys Lender aU sums wluch would be Wes~ dns iwd~ t!?iw Ma~t~a~s. the Note and note~ ~ecn:in~ P1~tnre
Advanoa~ if aaY. had no aooelesation oocurred: (b) Bonuwer cnn~ aU bceaches of any other oovenanta or ajreem~t~ of Borrower oontained in
this MortBe~ (c) Borrow+a pays aU reasouable espensa incvrred by Leader in ~fo~ tbs oovenants aad agreemenb of Borrower
oontained in thi,s Mat~age and in ~f~ang Lender's ramedies as pravided in paragiraph 18 heieof. inclnding~ bnt not limited to~ r~abls
e~rney'e feer. aad (d) Borrow~ takes auich action as L~der may reawnably rsqnire to aaare thst tbe liea of t6is MortBaS0. Leades'a inten~t
in We Pe~operty and Bareow+er's obligation to pey tba siuns secured by thie Mortgege shall continue unimPaired- Upon such payment and cars
bY Borm~ra. this Mortgage and the obligatious secured henby ehaU remain in fnll foroe and egect as if no aaodecation hsd oocu:red.
20. Assl~nment of Rents; Appoiatment of Iteoeiver. As additional ~ecurity hezenndes, Borrorver hereby aasi~n~ ~o Leader the ren4
of the Property. provided that garower shall. ptior to aooeleration under paragraph 18 hereof or abandoame~t of the Property~ have the right
to oollect and r~tain snch reata as Wey become due and payable.
Upon aoocleratioa nnder paragraph 18 hereof ar ebandonme~?t of the Property~ Lender shall be entided to have a noeiver appointed by a
oonrt to enterapon. take pw~essioa of and manage the Propecty and to oollect the rent~ of the Property. inclading tbws pa~t due. Al1 r~t~
ooUected by the reoeiver ahaU be appL'ed Srst to paym~t of the ao~ta of manegea~~tof the Prope:ty and o~llection oirent~. indudins. bnt not
limited to. reoeiver'~ fees. Premf ums oa reoeaver's bonds and reaeonable attorney'~ fees. and then to the ~ums ~ecured by tLi~ Mo~t~a~e. The
reoeiva ahall be liabk to aooonat only f~ thoee rents actually ncaved.
21. Fhtnre Advance~. Upoa requ~st by Borrower, Lend~. at I.endei's optioa within tweaty y~re irom the date of tbis Mo~rtQage, me~y
make Phtare. Advanoes to Borrowaz. 3nch I~tnre Advaaoes. with int~erest thazeon. ~hall be ~ecured by this Morfgage when evidenoed by
promiswry not~ atating that said aotes an se~vred hereby. At no time shall the principal amonnt of the indebtednea secured by this
Mortgage. not-indnd~ag snms edvanoed in aooordanoe herewith to protect the secutity of thia Mortgag~ e~coead tbe o~iginal amonnt of the
Note plns U.3.i Irone _ .
2Z Relea~e. Upon payma~t of all aums sec~ued by this Mortgage, Lender shall raleaee this Mortgage without charge b Boaower.
Borrower ahall pay all oosts of reoordation, if any.
23. Attorney's Feea. As ueed ia thie Mortgage and in the Note. "attorney's fees" shall include attomey's fees, if aay. which may be
awerded by an appellate oourk
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IN WITNESS WHEREOF. Borrower has executed thie Mortgag~
Signed, eealed and delivered
in the preaence of
~
. . . . . . ` . . . . . . . ^ . . . . . . . . . . . . C . . . . . . . . . .
. . . . . (Seal)
V1litness Mi chael M. Cl ark -e«•~-Q
.
'i . . . . . . . . . . . . . . . . . . . . . . . . . . . . / . .5~./. . .~-.~..(!G~r~r/. v . . . . (Seal)
~ 1Nitnesa tamtRy . rk _~.a
i
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i STATE OFFLOR1Dl~ . 5~,. ~4G~~ . . . . . . . . . . . . County as:
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I hereby certify that on thia day, before ~e, an officer duly authorized in the state aforesaid and in the oounty aforesaid to _
take acknowledgemente. personally appeared . . . . M~ ~hdQ~ . . Cl ar.k. ~nd .Ta1Dqg/. .Cl.ark, . hl S. WI~.E. . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) desctibed in and who ezecuted the
~ foregoing inetrument and acknowledged before me that .....th~f execvted the eame for he purpose therein
' expresaed.
~ WITN~~ my hand and offici~ ~al in c^aunty and state aforeeaid thie . . . . . . . , . ~
. . . . . . . . . . . . . . . . . . . day of
e ` .19.81...
c ~
~ My ~o~ ~~s N~ts+~ St~t~ of ~
€ ~V ' M. Cammissio~ E~ z at (~r~
~ f • .
: ~~~~,G~~..~._«..,_V'~
A~~si ~o.°~° b n"'h'~ E,. <<...~- 'b, 198 ~
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t ~ ~'t/ g' 1 b t'~`? ;
$ r; ' t- ~ /Space Belou• Thiu Lin~ Reaerued For Lendtr and Rec+ord~rl
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19~ ~PR -7 !~i 8~ 53
' This Inatrument Prepared by:
- iItCC ~Nf F`COFCfO
Jerry G. Li trento S f`G~R
~c
j~~sa. ~
Firat Federal Savings and Loan CIERK CIFtu1i CCIi
; Association of Fort Pierce, Fiorida 33450 - ; ~ ~ ~ : °t _ .
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BUf~352 PAGE 9k~ ~
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