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HomeMy WebLinkAbout0930 . ' ~.a~.~ prior to eniry of a judgme~t enforcing this Mortgage i!: (a) Borrower pays Lende~ all sums which would be then due under this Mortgage. the Note and notes securing Future Advances. if a~y. had no accelention occurred; (b) Botrower cures all b~eacha oi any other cove~ants or agramenta of Bon~wer contai~ed in this Moctgage; (c) Borrower pays all rcaso~aWe expec?s~ i~tcerred by I.ender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as p~ovided in parag,~aph 18 hereof, including. but not limitod to. rcasonable atlorney's fas; and (d) Borrowe~ takes such actio~ u Lender may reasonably rcquire to assure ~hat the lien of this Mongage, l.ec~dec's intecat . in the Property and Bornower's obligation to pay the sums secured by ~his Mortgage shal) continue unimpaired. Upon such payment and cure by Borrower, ihis Mortgage and the obligatioru secured hereby shall nmain in tull force and effxt as i! no acceleration had occurred. 20. Assitameat oi Reatx Appoiataxnt ot Recelver. As additional secu~ity hercunder. Borrower hereby assigns to Lender the rents o( the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Pcnperty. have the right to collect and retain such rents as they become due and payabk. Upon acceleration u~der paragraph 18 hereof o~ abandunment of the Property, Lender shall be entitled to have a receiver appointed by a coun to enter upon, take posseuion of and manage the Propeny and to collect the rcnts of the Propeny. inctuding those past due. All rents collected by the rcceiver shall be applied first to payment of the coats of management of the Property a~d collection of renu, including, but not limited to. rccciver's fees. Qrcmiums on receiver's ~ bonds and reasonable attoroey's fees. and then to the sums seCUred by this Mortgage. 'I~e rectiver sha{{ be liablt to account only for those rents actually received. 21. Futurr.Advanca. Upon request by Borrower, I.ender, at Lende~'s option within twenty ytars fmm the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thercon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage. not including sums advanced in accordanoe herewith to protect the ' security of this Mortgage. cxceed the original amount of the Note plus USS. . . . •~~H~ . . . . . . . . . . . . . . . . . 22. Release. Upon payment ot all sums secured by this Mortgag~. Lender shail release this Mortgage without chuge to Borcower. Borrower shall pay all costs of recordation, if any. 23. Attoraey's Fees. As used in this Mortgage and in the Note, "attorney's fecs" shall include attorney's fces, if any. which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has cxecuted this Mortgage. Signed. sealed and delivered in the presence of: ~ . . . . . . . . . . . ! l,/ . . . . . : ! O . . . . . . . . . . . . . . (Seal) _ obert A. 0~ei ~ y- , . . . . . .n. . . . . . . . . ~ . . . . '(~Q~ .6L~ ' Re# -e«.~,.. Marion 0 y STATEOFFLORIDA, ...St. LuCie,,,,,,,,,,,,,,,,,,,,,,,,,,Countyss: I hereby certify that on this day, before me, an officer dul~+ authorited in the state aforesaid and in the county ~ aforesaid to take acknowledgements, personally appearcd. Kobert. A., 0' Rel lly, and Marion, 0' Reilly! . . . , his .wife . . . . . . . . . . . . . . . . . . . . . . to me known to bc the pcrson(s) described in and who executed ihc toregoing instrument and acknowledged before me that. t~1~X ......executed the same for the purpose thetein eapressed. ! Wrrrtess my hand and .oft'icial scal in the county and statc aforesaid this. . . . . . .18th, , , , , , , , , , , , ,~y of .........Mar~h ..................19. i ` X ixpires: ~,Q,Q ~ ~ lJ.~"".~C.. . S 'r`j., . . . ~ . . . . . . . . . . . . . . . . . . . € • - . C~~. ,Q noc,n waK i ` G F~=~ ~ ~ . - ~(~ida at l.rq~ - f ' ~~a'~'i D«. 2. 1483 ~ 4 ~"'~r s..r..s ~ ~ f! ~ . ~ (Sp~ce Below This Lin~ Reserwd For le~der snd Reco~de~t ~ ~ . ~z ~ - ~993 HAR 30 PFI 2~ 25 - ~+<<c ~c.r c~F~f-r 5•.tU.`'~( ~L:;1: ~w fiCG~"~ i'l;f+;~•'•ti _ hK. ~;rCtlll !~'.~!~,RQ1 • • ~y(~~ va - ~ ~ so1~ ~ ~ ~ , . ~ ~ ~ g~397 P~~ 9~'9 . - _ - ~ :