HomeMy WebLinkAbout0930 ~~u~o~ ~~i 'IS !o ~urdWO~ ~~~~1 ue~i~u~ ~sHi ~ , y . ,j
prior ta entry of s judsma~t eaforcina this Mort~a~e ii: (a) Borrower paya Lendct all sums which would be then duc unde~
this Mongaae. the Note and ~ata securing Future Advances. if aey. had no aoceleration occurrld; (b) Borrower cures .
all breacha of any othe~ ooveoaats or agramenis ot Borrower containod in this Mort~a~e: (c) Horrower p~ys all reaaonabk
expe~ses incurrad by Lende~ in eatorcing the eovenants and a~ecmenta of Borrowe~ contained in this Mortga~e and is
e~foning Lender's remedia ~ provided in Pan~raph 18 hereof. includina. but not limited to. reasonable attorney's foas; s~d
(d) Borrower takes such action as i.ender may reasanably requirc to assure that the lien of this Mort~age. Lender's interest
in 1he Property and Bon+ower's obligation to pay the su~s secured by this Mortgage shall continue unimp~ired. Upon such
payment and cun by Borrower. thi: Mortgage and the obligatioos secured hereby :hall rcmain in full fora and effect as if
no aocekntion had occurred. ~
20. Aadpa~e~t ot Re~bi A~oiataKwt of Receiver. As, additional security hereunde~. Borrower hereby assigns to
Lende~ the rents of the Property, provided that Bormwer shall, prior to aocekratao under paragraph 18 herrof or abandon-
ment of the Property. have the right to collect and retaio auch rents ss they become due and payable.
Upon acceleration under puagraph 18 hereof or abandonment of the Propeny, [.ender shall be entitlod to have s
receiver appantod by a oourt to enter upon. take poasession of and manage the Property and to colkct the rents of the
Propeny, including those past due. All rents collceted by the receiver shall be applied first to payment ~f the costs of
management of the Property and collcetion of re~ts, including, but not limited to. receive~
s fees. premiums on receiver
s ~
bo~ds and reasflnabk ~ttorney~s fea, a~n! then to the sums secured by this Mortgage. 'Il~e recoiver shall be liable to account
only for those rents actually reeeivod.
21. . Bbtare A~s~s. Upon request by Borrower. Lender. at Lender's option within twe~ty years from thc date of this
Mortgage. may make Future Advances to Borrower. S1ich Future Advances. with intercst thereon. shall be secured by this
Mortgage when evideooed by ptomissory notes sfating that said nota are securod hercby. At no time shall the principal
amou~t of the indebtedness secured by this Mortltage, not including sums advanoeil in aceordance herewith to protect the
security oI this Mortgage. cxoeed the original amount of the Note plus USS. .1'1VI'1~ • • • • • • - • • • • • • • • • • • • • •
22. Rdeasa Upa~ payrnent of all sums secured by thia Mortgage. Lender shall release this Mortgage without chuge
to Borrower. Borrower shall pay all costs of reoordatao. if any. -
23. Atto~ey's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees, if any.
which may be awuded by an appellate coun.
IN WITNESS WHEREOF, Bornower has executed this Mortgagc.
Signed. sealed and delivered ~
~
in the D~esence of:
~ . . A.~. .....cs~,
. . ~inD' n. 'so
. . . . . . . . . . . . . . . . . . . . : . . . . . G.tP. . . . . . . . . )
. . . ~ir~ v: ~
S'fATE OF FLOAIDA, . . . . ST. LUCIE
. . . . . . . . . . . . . . . . . . . . . . . .C01u1[y 55:
I hereby certify that on this day, before mc, an oflicer duly authorized in the state aforesaid and in the rnunty
afore,said to take acknowledgements, personally appeared. WAAS A. .BOEHI'i .Sad. EI~A~KB .Q. .80F•~"i~ .bis. ~ife
, . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be tl~e person(s) described in and who executed the
` foregoing instrument and acknowledged before me that. tl~y.. ...executed the same for the purpose therein ,
; eapc~ssed.
, .
W~TrrESS my hand and o~'icial seal in the county and state aforesaid this. . . . . .4th. . • • • • • • • • • • • . .day of
j . . . .I~(areh 19.83..
My Commission expues:
~ . .s.
~ ~ Nocsry Public
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F ~ ~iY Puhne, State cf Ft~
~ . MY C°mr"tss'°" ~Jr~ Au~, i~, 19~ C. " ~ ~'9 ,
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