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prior to entry of a judgme~t enforcing this Mortgage if: la) Borrower paps [.ender all sums which would be then due under
this Mortgage, ihe Note and notes securing Fuwre Ad~~ances, if ~ny, had no acceleration occurred; Ib) Borrower cures k
al! breaches of any other covenanis or agreemenrs af Borrower conta+ned in this Mortgage; (c j Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agreements ot Borrower cantained in this Mortgage and in
enforcing Lendcr's remedies as provided in paragraph 1 R hereof, including, but not limited to, reasonabte attorney's fees; and
(d) Borrower takes such ac'tion as Lxnder may re:~sonahly require to assure lhat the lien of this Mortgage, Lender's interest
in the Propeny and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon sucA
payment and cure by 8orrovver, this Mortgage and the obl~gations secured htreby shall remain in full force and ef~ect as if
no acceleration had occurred.
20. Assignment ot Rents; Appointmeat of Recejtitr. As ad~itiona! security hereunder. Borrower hereby assigns to
l.cnder the rents of the Properry. pro~~ided that Bor~ower shall. prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect and retain such rents as they become due and payable.
llpon acceleration under paragraph 1R hereof or abando~ment of the Property, t_ender shall be entitled to have a ;
receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the
Prcperty, including those past due. All rents collected b}~ the receiver shall be applied first to payment of the costs of
management ot the Property and collection of rents, including, hut nut limited to, receiver's fees, premiums on receiver's
twnds and reasonable attorney's tees, and then to the sums secured by this Mortgage. The receiver shalt be liable to account j
only (or those rents actuaUy received. ~
2l. Futurc Advances. Upon request b}• Borrower, l.ender, at i.ender's option witnin twenty years from the date of thic ~
\t~~rtgage, may make Fuwre Advances to Borrower. Such Futurz Advances, with interest thereon, shall he secured by this ,
Mortgage when evidenced by promissory notes stating that said notes are secured hereb~•. At no time shall the principal ~
amaunt of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
~ security of this Morigage, exceed the original amount of the Note plus USS
22. Relesrse. Upon payment of all sums secured by this Mongage, Lender shall release this Mortgage without chargt
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attorney's Fees. As used 'en lhis Mor~gage and in the Note, "attorney's (ces" shall include attorney's fees, if any,
which may be awarded by an appellate coun.
IN WITNESS WHEREOF, Borrowcr has exrcuted this Mortgage.
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Signed, sealcd a~d delivered
in the presence of: ~
f
~ e.
cSea1) ~
~ Ja E . Cowse r
i ~
r , (Seal) {
Debbie M. Cowsert
STATE OF FLORIDA, $t. Lucie County ss:
I hereby certify that on this day, before mc, an officer dul}~ authorized in the state aforesaid and in the county ~
i
aforesaid to takc acknowledgements, personally appeared ~
James E. Cowsert and Debbie M. Cowsert, his wife ~
, to me known to be the person(s) described in and who executed the i
foregoing instrument and acknowledged before me that t~ey executed the same for the purpose therein
expressed. ;
WtTNESS my hand and official seal in the count}~ and statc aforesaid this d day of
June . t9 83.
My Cqrp~ission expires: ~
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