HomeMy WebLinkAbout1084prio~ to e~try of a ~udgment entorcing ~his Mortgage i(: la) Bor~ower pays I.eoder all sums which would be then due uode~
this Mortgage, 1he No1e and ootes se~uring Future AJvances, if any, had ~o acceler~tion occurred; Ib) Bor~ower cures
all breaches ot any othe~ cove~ants or agreements af Bc~r~ower rontained in this MoNgage; (c) Borrower pays all reasonable
expertses incurred by I.endet io enforcing the covenants a~d •rg~eements ot Borrowe~ contained in this Mortgage and in
entorcing Leoder's remedia as provided i~ parag~aph I A hermf, including, bul not limited to, ~easonable atlamey's tees; and
(d) Borrowe~ taka such action as l.eader may ~easonably rcyuire ~o assure that the lien o( Ihis Mortgage. Lender's int~rest
in the Proptrty and Borrower's obligalion to pay the sums xcured by ~his Mortgage shall continue unimpaircd. Upon such
payment and cu~e by Borrower, this Mortgage and Ihe abligations secured hereby shall ~emain in tull torce and eflecl as i(
no accele~ation had occu~rcd.
20. AfS~p1plp~ p~ Rt11~ AP~OIIIItp1 O~ Rtl'tJYl~. A~ additional xcurity hercunder, Bonowc~ hereby assigns to
l.ender the re~ts of the Property, provideJ ~hat Barrovver shall. prior ta acceleralion under parag~aph 18 hercof or abandan-
ment ot the P~openy. have Ihc right to collec~ and retain such rcn~s as they bccome due and payable.
Upan acceleration onde~ parag~aph 18 herec~! or al~andonmeot of thc PropeMy, l.cndc~ shall bc entitled ~o have a
receiver appoi~ted by a court to eoter upon, lake pc~ssession of and manage the Propetty and to collect the rents of the
Prcpe~ty, including those past due. All rents callecteJ by the receiver shall he applied 6rst to payment ot ~he costs of
management of the Property and collectian of rents, incluJing, bu~ not limited to, receiver's fees, premiums an receiver's
honds and ~easonable attorney's (ces, and then to the aums secured hy Ihis Mortgage. The receiver shall be liable t~ account
only for ~hose ro~ts actually received. '
21. Future Advaucea. Upon reque~t bp Borrowcr, l.ender, at I.ender's optiaa within twenty ytars trom the date of this
Mortgage, may mal~e Fulure Advances to Bor~owc~. Such Future AJvances, with intere~t thereon, shall he secured by this
Mortgage when evidenced by promissary notea sta~ing ~hat taiJ notes are secured hereby. At no time shall the principal
amount of the indebtedness secured by this M~~rtgage, not including sums adva~~ced in accordance herewith to p~otect the
security af this Mortgage, exceed ~he original amount ot the Note plus USS ~Z~~~~.~~
22. Rekase. Upon payment ot all sums secured by this Mortgage, I.ender shall release this Mortgage without chuge
to Borrower. Borrower shall pay all crnts of recordation, if any.
23. Attoraeys Mees. As used in this Mor~gage and in the Note, "attorncy's fcei' shall include attorney's fees, if any,
which may be awarJed by an appellate coun. ~
IN WITNESS WIIEREOF, Borrowcr has cxccuted this Mortgagc.
Signcd, scalcd and del' ed
in thc prescncc of:
Q
~
(Scal)
-eonowe-
~~~~~:~~~
(Seal)
~ -eo.rowa
STATE OF FLORIDA, ST • LUC I E
County ss:
($Cal)
-Aonow~r
~~~~
--Owrorre~
($Ca~)
~--aonow~r
~SC~~
--oorrows~
1 hereby certify that on this day, br(ore me, an c~flicer duly aWhorized in the state aforesaid and in the county
aforesaid to take acknowledgcments, personally appeared
CHESTER J. FRABLE AND TERESA M. FRABLE, HtS WIFE
, iu me known to bc the person(s) described in and who executed the
foregoing instrumcnt and acknowlcdgcd beforr me that THEY executed the samc for the purposc therein
expressed.
WITNESS my hand and ofi~icial scal in the county and state aforesaid this lOTH day of
FE6RUARY , 19 81
My Commission expires:
ts..~,
:rGiARY F~e:IC ,°.TATE Of flOR10A q ~GE
~ CG~QAtiSS~ON E)fDIRES MAACM '~ ~4
~ _ ~~{i iIAYMAfID ~~Q~A~Y
3 -oi-8'al
C, ~~~ ~~
Notary Publie
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~
(Spst! BNow This LiM R~s~rved i0~ LeI14e~ snd RatO/d~1)
FLORIDA OOCUMENTARY STAMPS AFFIXEO TO ORIGINAL NOTE AND
~~~K348 PA~E1084
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