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HomeMy WebLinkAbout0922 pr.or to enir~ ut a ~udgmrm entorc~nK ~hi, \i~~r~ga~c u~ e 1 H~,rruwer pay, 1 cn.fer .,II .umdNh~ch ~~•uW t,s ~j(p Jue under ; Ihi~ M~~rigagr. the '~c~te an~ notr~ ~e~utinK I uture AJ~an.r, ~f an~. haJ n~~ e~i~irraiiun ~•i~ufr~d ~h1 N„rn~wet cu~et I all hrtache+ ot am other r~~~enant..,r .iKrcr~:irn!. ~~t B~~rr~~~rr :~~nta~nt.1 in th~. ~t,srt~.i~;c i; ~ H~~rr~~Ntt p.~~~ ~11 r~~~on~hlC ttiptmr~ ~ncurrrJ h~ l~nder ~n enfur.~nti ;hr ,,,~rnent, ~nJ .~~tr«n:cnls ,,t Hurr~,wrr .,,~i~~nc~! ~n th~~ \turtgage :?nd tn enfotc~ng I.rndrr~~Trmr~~e~ a~ pr~,~~~~J in p.~r,~gr.~{~h i!t hrrr,,f. inrlu.finK. hul n~,t !~m~IrJ 1l~ (t'J~.~f1Jhll ~Iti~rnr~ s(~e~. dnd ~ tdl Burru~er ta~.e> >uch dCU011 .i1 I Cn~Ct ni.~\ r~d~~~n.~hl~ r~yu~f~ 1~~ ~»ufr Ih.~i lh~ I~in ~~I Ihi~ \1~~rlg~g~. l endrr t If1IttC5t m ~he Propert~ and Burtuurr ~~,hli~;ah~~n ir thr ,um~ ,,~ureJ M rhi~ \1~~r~~~gr ~h.~U i.~nt~nur unimp.?ired t'Ex~n such p.+pment anJ cure h~. Borrowcr. th~. ~t~~rt~;.~~;~ _ui.l th< <~hlic~~i:~n, ~rcurrJ hcr~h~ ,h.ill r~ma~n ~n ~ull (~~rrr and etitCt as ~f i nu accclcratiun ha~ uccurrid 20. Assignmenl of Reois; Appuinlmrnl ot Recei~er. .~J~1~tu~n,~! .r~uni~ hcrrun.lr~. B~~rr~~uer herchy a~~~gnc to ' Lrndtr lfit ranh u( Ihc Pt~~prt[}. pn~~~~r.l Inat Hurrrwcr ~hell. pn~~r t~~ JI~IICf.lIf~~11 unJrr (~dfJE,'fJ~FI IR Fll'fl'Uf ~~t abandon- ~ mrnt o( the Pro{~:rty, have thc righ~ to :ulir~~ and rrlain ~.i~h rrn~. a. thr~ b~c~~mc Juc an~t p~pahle Upc~q acceleration under para~:r,~ph I~t hrrr~~l ~~r ~hanJrnmrnt ~~I th~ PruExrt} I.~nder .h.?II hr rntiUrd I~~ havt a rcce~ver appo~nted by a rourt t~~ rmer u~,n. t~l,r Ex•~u~~iun ~~1 enJ mana~;e thr PruExrly and ~u ~ull~ct th~ rents of ihe ~ Property, including those pa~t Jue .~II rrnt, ~~~Ilr~ieJ h~ ~hr rere~~rr .hall hr appl~rJ fir.t ti~ pa~ment of the costs of i management o( Ihe Propert~ and c.~llrc;~~~n u( rrnh, including, l~ut n.~t lunitrd ~u, rec~~.er', Ire~, premium, on receiver's twnds and reas~~nable altornc~'s fec~, anJ then ti~ thr ~um~ .e.urrJ hy thi~ ~longagc The re~ei~er ~hall Fx liahle to accoum ~ only for ~hose rents actuali~• rtce~ved 21. Futurt ~ld~•ancts. UEx~n rcyuect b~ Hurruwrr, 1 enJrr. a~ 1 c~dcr'~ t~pU~~n N~~hin tHeniy year. from thc date of this ' Morigage, may make Future Advance~ Iu Brrrower Such Fu~ur~ .Advanre.. wuh ~nterest thereon, ~hall he secured by this Mortgage when e~idenced by promissory notes stating that ca~d nute. arr ~r:ured hereb~. At no t~me ~hall the principal , amount of the indebtednes~ secured by th~s Mongage, not ~nclud~ng ~um~ aJvanced in accordance herew~th to protect the i secunty ot this Mortgagt, e~ceed ~he onginal amoum ol the \~~tr pluti USS ?lOn2 22. Rekast. Upon payment u( all sums srcured b. th~s Morlgage, I.ender shall relcatie thit Aiortgage without chargt to Borrowcr. Borrower shall pay all co~~s o( re~ordati.~n, it an~. ~ 23. Atlornty's Ftes. As us.d in this Murlgagr and in thc h.~te. "a~~urnr~'ti (~c~" shall ~ncludC alturney's fces, ~f any, which may be awarded by an appellate coun. i ~ i ~e3 -g ~ 2. aq ; F': rC t Af c- S. ..,f , ~ :e ~~t~~i: i~ i'~ ~~~.F! ..t~. '~Q~'~ V ' 6190`79 IN ~VITNESS ~VHEftEOF, Borro~.•er has executed this ~tortgage. Signed, sealed and delivered in the presence of : ~ ` ~ - - - Z ~Seal) . LOREN E. WORKM N Bo OWER a- " ` ~ - (Seal) ~ ' _ _ - - ~ - i ~ THA A• ~VRKI'V1~ 'BORROWER a ` - (Seal) i ~ - ~ --BORROWER i ~ - - - - - (Seal) j ~ - - -BORROWER . i ~ ~ STATE OF FLORIDA, ST . LUC I E County ss : t I hereby certify that on this dav, before me, an officer dul~~ authorized in the state aforesaid and ~ in the county~ aforesaid to take acknowledAemerts, personally appeared ; ~ ~ LOREN E. WORKMAN & MARTHA A. WORKMRN, his wife ? ~ ~ , to me known to be the person (s) described in and who executed the foregoing instrument and acknowledged before me that executed the same for the ~ ~ purpose therein expressed. they ; ~ t ~ WITNESS my hand and official seal in the county and state aforesaid this ~ N~ da ~ of , ` ,19~(3 y : ~ ~ C~ ~ ,y J _ • ~'A, ' ' ~~YIOA @XpiTes : ` ` ~ a ~ ~p~~ n . ~a ~ ' Not~ry r~tblk Sb F~ ~ 1 ' ' ~ ~ ~ ) ZC~ 1 ~t L~ ~L -1--~ ~ . My Esptt~s Novt~ ~ NOTARY PUBIIC .~-dt~ ~ T Y ~ . ~q g ISpoce 6elow This Line R~s~rr~d For lender and Record~r) - ~ s P u R~" ~ G~': _ ~ 1' ~ l{l ~0~0~.., ~ ~ . . ~ . . ~ Abstract & Tit1e CorP• ~f F1Orida - eo~x 4~~ PaGE ~i 0 . - ~ ~ ~ k~-- _ R~ ~ ~