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Home My WebLink About251918. Aoceleratioa; Remedie~. B:oept w~ pwvided i~ pua~raph 17 hereot, upoa Borrower'~ brewch ot aa~- oovensat or agroemept of Borrowee in thi~ Mort~a`e, lncludin~ tbe oovea~-nta to pqr wbea due aeqr w~m~ ~ecured by thl~ ~lort~a~e, I.eadee prfor to aooeler~tloa ~hall msll notioe to 8orrower as prnvida! iA puw~rap614 bereof ~pedtylas: (1) tbe brewc6; (Z) tl~e aMloa required to cure ~uch breacb; (3) w date, aot les~ th~ 30 deq~ flrom tbe date We aotice i~ m~iled to Borrower. by wblcb wch breacb mwt ba cured; eu~d (4) that [ailure to cure ~ucb bre~ch on or betose the date ~peclAed In the aotios mq~- re~ult la aooelerRtloa of the sum~ ~ecured by thia Mort~a~e, foreclosure by judicl~l prooeedias aad s~le of the Prop~Ry. The aotlce ~hall furthe~ inform Borrower of the ri~ht to reinsLate sRer aooeleratiou ~d tbe ri~6t b a~aert in t6e foreclowre proceedin~ t6e noa•esistence of a defsult or any other defease ot Borrower to aocelentloa and foseclosure. If the breach b aot cured oa or before the date ~peciAed ia the notice. I.eader et Lender's optioa inay declare all ot the ~unw ~ecured by thi~ Mort~age to be im~nedintely due end pgyable without ti~rthor demand and mw foreclose thts tdort~~e by judicfal prooeedin~. I.ender rhall be entitled to oolleM ia such proce~.•dipg all espeaaes of [oreclosure, includla~, but aot limited to. reason~-ble attorney's fees. and costa of documeatary evideaoe, abstracts and title reports. l9. 8orrower's Rt~ht to Reinstate. Notwithetanding Leader's aoc~eleration of We euais ~ecured by thi~ Mortgage. Borrowrr ~hall have the right to have any proceedinga begua by Lender b enforce this Mortgage diecontinued at eay time ~ior to entry of s judgmeat enforcin~ this Mortgege i~ (a) Bonower pays Lender all sums which would be then due under thie M~a~e. the Note and note~ ~ecuria~ Il~ture Advances, if any. had no aoceleration ocrurred; (b) Borrower cures all breaches of any other oovenant~ or a~ecm~ts oiBorrower ooataiaed ia this Mortgege; (c) Bortower paye all reasouable expenses incurred by I.ender ia eaforcing the oov~ts and agreement~ of Borrow+er rnntained in this Mortgage and in enforcing I.endei s nmedies as provided in paragreph 18 hereof, inclnding. bnt aot Wnited to. reasonsbls attorney's fees; and (d) Borrower takee such action as Lender may reaeonably require to aesure that the liea of thi~ Mortga~e. Lendar's intered in the Property and Borrower's obligation to pay the eums secured by this Mostgage shall continue unimpaired.. Upon such payment aad cnre by Borrower, thia Mortgage and the obligations secured hereby shall remain in full force and effect as if no aooeleration had oocurred. Z0. Msignmeat of Reats; Appointment of Reoeiver. As additionel eecurity henunder. Botrowa~ hereby assigns to Lender ths rents of the Property, pmvided that Borrower shall. prior to eoceleration under paragreph 18 hereof or abandonmenL of the Prope:ty. have We right to coUect and retain such rents aa they become due and payable. Upon acoeleration under paragraph 18 hereof or ebaadonment of !he Property. Lender shall be entided to have a reoeiver appointed by a court to enterLpon. take poeseesion of and manage the Property and to collect the reate of the Property, induding thwe paat due. All renb o~Uected by the receiver ahall be applied fuat to payment of the ooete of manegement of the Propeity and oollectioa of r~ts, includin~. but nd limited to, receive: s fees. premiuma on receiver's bonds and ~easonable attomey's fees. and then to the eww eecured by thia Mort~a~s. The reoeiver shaU be Uable to acoount only for thoee rents edually received. - 21. I~tture Advaace~. Upon request by Borrower. Lender, et I.ende~s option within twenty years fmm the date of this Mortgage. may make Phture Advances to Borrower. 3uch Futwe Advances. with interest thereon. shall be eecund by this MortgaBe a-h~ evidenoed by promiseory notes etating that eaid notes are secured hereby. At no time shall the ptincipal amount of the indebtednees secured by this Mortgage. not including same advanced in accordance herewith to pmtect the aecurity of this Mortgage. ~oeed the original amount of the Note plw U.S.~ ~D~' 22 Release. Upon payment of all auma aecared by this Mortgage. Lender ehall releaee thia Mortgage without charge to Borrower. Borrower ahall pay all costa of recordation. if any. 23. Attoraey's Fees. As used in this Mortgage and in the Note, "attorney's feea' shall include attorney's fees, if any, which may be awarded by an appellate coutt. _ IN WlTNESS WNEREOF. Borrower has executed this Mortgage. Signed. eealed and delivered in the presence of: - - . .~u?~~--: . ~ . ~ .~ ~:~. . . . ~~ Witnesa . . . . . .?~ :~t. ~ : . . . . . . . . . -~ : ~ : . . . . ~ Wifness J '-. - - . . . ~~ !~ c.. . . . ~z~2 . . (s~) ~Gary C. McWhorter -~a . . ~~,~~ -~?~'~ho~~:'......... ~s~~ Ma garet McWhorter -E~' . STATF. OFFLORID/~ . . . . . . . . . . , .St_ .Lucie . . . . : . . . . . . . . . . . County sa: I hereby certify that on this day, before ir.e, an officer duly authorized in the state aforesaid and in the count aforesaid to take acknowledgements, personally appeared .....~r.Y . C. . McWhorter and . Margaret _ McWhorter,, .~1 S, wi fe, , . . . . . . . . . . . . . . . to me known to be the person(s) deacribed in and who executed the ...................................... foregoing inattument and acknowledged before me that .... theY. ,..,,.,,,. executed the same for the purpose therein expressed. WITNESS,Qny and and official aeal in the county and state afoCresaid this . . . . - . • • / j •~ • • - - - • • • • • ~ • • • • • day of . . . . . . . . . . . . ~ . . r.1`-~. . 19. .4. l. d V[y Commiasion expir : ~otu~ PuWic. St~te ol Flor;da at - ~..t~ , AAr Commissan E: ' ~ ~ . l. ~': ~ ~ . . - - ~ - - . . . . ~. . . . . . ~ ~ ~ - - - . . . ~s~ap '" Pres 1an. 23. 1984 . . - . . . . . . . (~ ~O'~ rk+ rro~ -.;. ~,,,.,~ ~ N Public ~--' _~;i~j~F ~Space Efeluu• Thu /.~n~ Rcae-~~ed fo- Ltreder ond Rernrde-/ .~'''~~~Z~~y~'•4 ~~P~ ~•' " ,rc~`C''. r =,cb~`.f~"~ ~ A~ ~-' ':~~~ :~-, -: ~ ~ ,: ,\.-~ Loan Florida 33950 ~~'~348 P~~251? 1961 F~~ 17 P!' ~ ~8 FIIcC t~L F: CU:'CEC S f•CGER ~GiTRAS~. 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