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HomeMy WebLinkAbout0976 • - , ~ ~ , ! i is. eo~:oM.r .4:... to p.rror. oo.~r ~atn ~nd ~bid~ b~r ~h .~a «.rr o~,. of cn. .ciq,i.cioo.~ .~.w~c•~ ~ co~dition~ ~rd aov~nt~ in tl~ Ctydi~ Aocws lin~ 11qe~wnt ~rW in thi~ Mortyp~. 16. I~ anr ot ~aid aw~ ot ~on~r Iwnin r~tur~d. to b~ not peaptly p~id Mwn di~ ae it tM t~rr o~ Nid Aqr~~t ~ rot dulr p~sfos~d. oo~p11~0 Mith snd ~bid~d br, tM ~qrp~t~ ~u~ tMn rwinin~ unp~id dwll b~cor dw ~nd p~rabl~ fortlwith or tMrMttu ~t th~ aption ot th~ l~r. 17. TAi~ lbrtqp~ Mcur» tM s~~t ot o~rtain ~ur ~dv~rK.yd to th~ Baero~r u~Nr • er~dit ~r~wrst. Ow to cr d ths r~latiaahip b~t~n tiw 9oero~r ~nd l~s ~nd t!N ~oct~ion ot cr~dit bwd upon tM p~r~l ti~w~cial cirawtrK.w of tM Barro~r. ths abliq~tion Nour~d br thi~ Ibst~ ~r ~ot bb wu~sd. It all ac ~nr part of tM Prop~rtr ar ~n int~rat th~r~in is ~old, tsMat~rrd, or ena~~r~d by BorroMSS. all sur ssoured br thi~ Mort~ ahall bs i~diat~ly du~ ~nd p~y~ble. 18. Upon requMt by Bo~ro~r, L~r, ~t Lendsr's aptian +dthin tMSnty ~rs ~ra~ tM d~te of thi~ Mort~. Mr ~ake Futur~ J1dv~ncM to BoeroMir. SucA Futun Adv~ncN, rith intese~t thsreon, ~hall b~ ~sour~d by this MaTt~ ~Mn evid~ncyd br proaiaory nota ~t~tirg that s~id notes are securb hsreby. At no ti~s ~hall ths principal a~ount o~ tM indebtedn~~t asour~d by Ni~ Nortq~gs~ ~ct includirq aur adv~nced in ~ccordancs hsrwith to protect ths ssourity ot tAis Mort~p~ ~cceed ths oriqinal a~ount ot the Nds plus IIS~ in an wount equal.to SOX thsrsof. 19. 11~ used in this Mort~qs ~nd in ths Note, "~ttornsy'• tes~" ~hall includs attorner'• tees, if ~nX, rhicA ny bs awardsd br ~n ~ppsll~te aourt. 20. BotroMSr ~Aall f~ithtullr ~nd fullr oo~ply nith ~nd ~bids br evsry t~r~, coven~nt and oondition ot ~ny wipsrior wort~ or ¦ortg~ga pressntlr a~ou~bsriny ths ~orty~qsd Propsrty. A dstault ot dslinquency under ~ny wipsrior .wrtg~ or ~ortq~ps ahall autaatic~llr ~nd irsdi~ts~r-oonstituts a defwlt undsr this Mortq~gs. lendsr is sxprealr authorized ~t its aption to advance all aws nsceseary to losep ~nr supsrior ~wrtg~ ae ~ortq~gss in qood standinq.~nd all swr so advancsd. togsther with intsrat at the r~te of siqhteen psrce~t (19~) psr annw~ ah~ll bs eubfect to ths provisions ot p~r~gr~ph 21 ot this Mortq~gs. BorroMSr ~ress rot to ~dcs ~ny agree¦snt with the holdsr of ~nr wapsrior wortq~gs th~t in ~ny Msy ahall ~odify, dw~qe. altsr or sxtend any of ths terws or oo~ditians of tMt eupsrior ~ortqqs ~ nor ahall 8orro~+er request or ~ccept r~r futurs ~dvancss u~der that supsrior ~ortg~gs~ ri.thaut the exprsas nritt~n conssnt of Landsr. 21. If 8orra+sr fiils to p~r ~nr d~rqss or cbliqation required to bs p~id by Borrowsr by this Mort~gs Mithin the tise sst forth for th~t p~y~snt, Lendsr ~I1 h~vs ths right to p~r the ch~rgs o~ abligation ~rithout ~wivinq or affect- ing ths option of lender to aonsidsr this Mortq~gs in dsfault pursu~nt to the provisio~s of this Mortg~gs. Evsrr pay~t eo ~ds ahall bear interest tro~ ths d~ts of p~y~snt at ths rats of eighteen psrcent (18x) psr Ewry ; b ali~bbidse~sd~ ilti~ ~~onsys arod br 8orro+rsr to Lender, ah~ll bs p~rable an ds~nd of Le~dsr and ah~ll Ee ~ 22. Upon ~coslsration w~dsr p~r~graph 14 hsreof or abandar~snt of ths Propsrty, Lendsr shall be entitled to h~vs a receivsr appointed by • oourt to enter upan, t~ke pos~sssian of and rn~qs ths Propsrtr and to collsct ths rents of the Paopertr. All rents oollectsd br ths recsivsr ahall bs applied firet to p~~snt of ths costs ot ~sn~ge~ent of tAs Propertr ~nd oollection of rsnts, including, but not li~ited to, receivsr'a fses, pre~iu¦s an recsiver's bo~ds and reesawble ~ttorners' fses~ and then to ths eur ssairsd br this Mortg~gs. Ths rscsivsr ah~ll be liable to ~ou~ onlr ~ for ttwes rente actuallr receivsd. i ' j REQI~ST FOR NOTICE ff OEFAU.T ~ MD FOfiECLO5IJNE UDDER SUPERIOR ~ t~itTGAGE ~t OEED ff TRUST ~ BorroMSr and Lender request ths holdsr af ~ny ~ortg~gs, deed of trust ~ other anou~br~nce ~rith a lien ~hich I~e ~ prioritr wsr this Mortg~gs to give Notice to lander, at LaMsr'a ~ddress sst forth on pegs ans of this Mortqoge~ of anr default w~dsr ths supsrior enou~brance and of anr s~le or othsr foreclosurs action. f ~ IN MITt~ESS IiERE~, 8orrwrer twa executed this Mortgsge. . ~ Signed, aealed ~rd delivered F in t eaence of: _ ~ ~ ~ - ( seal ) , - - ~ Borro~+sr ~ n € ~ ~t G~ LL ~ l~1 /,l ~ Cssal ) ; E. Ja[~es BorroMSr ~ ~ STATE ff iLORIQl1 ) ` SSt ~ c~~Y oF St. Lucie ~ , i nerebr certtrr tnac an tnis a.r, bsfore .e, an of aui .u r~ea atat at rssaid and i~ the ca,~r ~ eforssaid to taks ack~lsdgs~snts, ~r~,.iir .~.raa ~i~ia~a~. ~°~r~es ai~~°anet ~ones ~ - ` to ~e I o~~n person s r sxsou orsgo ru~en twM ore ~e t ~ executsd ths srs tor the purposs thsrsin sxptsssed. ~ MITI~ESS ry hard end official seal in the countr and stats ~forssaid this 9th day of ~YY . ~ 19 84 . Notery ic, Stats of lorid~ :My Co~ission Expiress fV;,fary PuGii:~~, f~~i~:, t! ;ar~?~ My ~ ~ ~ ~~hS~Nt. 28. 19flo (Sp~cs Bslon Rsssrved tor Lendsr and Recordsr) - -~,.~s.~ .7. r. _ ~ ~ ,1 o T,~;~~~L~'~: 441`76 9: 51 ( , tf'-'f • . r - • " ~ 1 r ~ . c~ r,..;, , . ~ ' \t.j ' ;.•.~X!7:.; +4, ~ ~l ~ ~ { ~ ~G,,•'`~ : rt _ + ~ T ( R?!( t ` F-} ' l•^~~ ~ ~ . '~'r 5'~;' r'E ''i'•ti . . ~r ll' ~ ~~'t {~ftit~s~E.l' e~ •~J~~" ..~E~}~ .:F!~v~~ .l'.l~ . - ~ '-OC~ {i ~T/' , i• _ ' . r , , . ~ ~ BQ~424 P~~ 975 ~ . _