HomeMy WebLinkAbout0928 prior to entry ~~f a ~udgmcnt cnt~~rc~ng thi+ ~iottgagc +t : 1 a 1 Borrower M)'~ l.endcr aH ~um~ which would bc thcn due unJer
thit Mor~gage, ~he Note and notes +ecunng Futurr AJ~•ance+, if any, had no acreleration ~currrd: lbl Bo~~owr~ cu~es
al) breaches a( a~y othe~ covena~l~ or agrermrot~ ol Burn?wrr ~unt~~ned in thi~ Mongage; (c) Rorrovver p:+y~ all reawnable
expenses incur~ed hy 1_ender i~ enf~~rcing ~he cuvenant+ and agreemrnt~ o( Borrower ronl~ineJ in Ihis Mortgage and in
cnforcing l.ender's rcmeJics as provided io pa~agtaph 1!t h~rcuf. ~ncluding, hut no~ I~mited ta, rrawnablc attarney's fees: and
Id) Bo~rower takes ~uch aclion as l.enJe~ may rea~.mahly ~eyuire ~a a~wrr that the lien af thi~ Mortgage, Lender's interest
in the Proper~y and Burrawer's ~bligation to pay~ the sum~ .rcured b} this ~tartgagr shall con~inue unimpaired. U~n such
payment and cure hy Borrower, thi~ Morlgage a~~d the ~~btigauum secured hereby shall remain in full force and etiec~ as if
no acrclerau~~n had occurred.
20. Ass~nment of Renls; AppoiMment nf Recej~er. A. :~dJitiunal .ecurn~ hereunder. Borrov?er hereb}~ a.tiignc to
i.cnder the rcnts ot ~hc Property, providcd ~hat BurruN~cr ,hall. pri~~r tu accclcration under parag~aph IR hcrcuf ur abrndon-
mrnt ot the Prc?perty, have the righ~ to co11e~~ and r~tain ~uch rents ~s they brrume duc anJ p~~~able.
U~n acceleration under paragraph 18 here~~l ur ahand~nment uf the Pru~:ny. Le~der ~hall be entitled to have a
recei~'er appointed by a court to emer u~~n, ~ake Ex~+~e+sion ut and m~na~ the Property and to colle~t Ihr rems of che
Prcpeny, including those past Jue. All rent. a~llr~tcd hy Ihe rece~vrr shall be: applied fir~t to payment o( Ihe costs ot
management of the Propert~ and collrcd~~n .~f r~nt+, ~nclud~n~, hui uu~ t~mitrd u~, receiver's tee~. prrrnium+ on recei~'er'~
hond~ and rrasonable attorney's (ee~, and then to th~ ,?ims ~e.ured h~ this M~~rtgage. The rereiver ~hall tx liable to accc?unt
i~nly tor those rents actuall~~ received.
21. Fulure Advances. U~x~n rcyucst h~ R~~rrawrr. I.ender, at 1 rnJcr+ ~~pUem aithin twent~~ ycan from thc date of this
~tortg~ge, may make Futu~c Advanc~. to [3or~uwc~ Such f=uwrc Ad.•ance., with intere~t thereon, shall he secured by tfiii
V~~rtgage when evidcnccd b~' promi~~or~• notcti titanng that ~aid n~~tc+ arr ~ccurcd hcreb)~. At n~~ t~me ~hall ~he principal
amount of the inJeMeJnes~ secured b~ thi~ A1~r~gagr. not in~luding .um~ a~~nc~1o Scy;rdanrr herew~th to protect the
seCUr~tp of this A1c~rtgage. ~rc~cd tfie ~~riginal am~~unt ot th~ Note plus LSS • 0 UV
22. Relestse. Upon payment of all sums .rcured by this Mortgage, t.ender shall rclease this Mortgage vrithout charge
to Borruwcr. Borrowcr ahall pay all c~,~tti of rea~rJat~un, it any.
2J. Attorney's I~ees. AS ukd in this Alortgag~ ~nd in the tio~c. "att~~rnry's fecs" shall incluJe auorncy's (ees, if any.
which ma}• tx awar~ed by an ap~:llatc coun.
IN WITNESS WH[:REOF, Borrowcr hati rx~cuteJ thi~ ;~lortgagc.
,
Signed, scalyd and delivered
in th~ prescncc
- ~ ~ G?'~~ ` ll'(-~~ ' Scal
/ ( )
PAUL C. LUGARA -eo..~~~
~ . ~ (Seal)
PATR I C t A . LU -eo.?~~.
,
~ (Seal)
. -8onowe.
~SCB~~
-~orrower
~ ~~C3~~
-BOAOwl~
(Seal)
-8o.rowe?
l
I
STATE OF FLORIDA, ST . LUC 1 E ( uunty Ss:
~ 1 hereby certit~~ that on thi~ Ja}~, tkfor~ mc, an eittir~r ~uly auth~rizrJ in thc statr afuresaid and in th~ county~
~ ~foresaid to takr arknowledgrmcnt~, ~xrsonallp appcar~d
~ PAUL C. LUGARA AND PATRICtA A. LUGARA. HIS M~IFE
3
3
~ ~ , w mr knuw•n ta tk thr ~xrson(ti) described in and who executed thr ~
, forcgo~ng instrumcnt and arkn~wlcdgc~l bcfor~ m~ that THEY ~xccutcd th~ samc ior the purpos~s~t}~yrein i
~ . .
~ cxpressed. ' . . ~
. ~
3 W~TNESS my hand and official ,~al in thc cc~unt}~ an~1 .tatc aforesaid this 4TH ; Q:'~r~gy fJ i
k MAY , ~9 81 ; Q :
x . _ ~ ~.4~ ~ , . .
~ My Commission cxp~res: . ? ~ ~
; . c.
.
~ ~ • ~ "''i : .
' [Ses1) Na PuDti~c . ,
t•"~~ ~ ~ 1
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h~~n~~
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~ (Space Below This Lme Reurved Fdr LenGer and Recorder)
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~ FLORIDA ~OCUMENTARY STAMPS AFFIXED TO ORIGINAL NOTE AND CANCELLED
~ 3~» 355 9~'8 ~
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