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HomeMy WebLinkAbout2407 ' ~ > 'r ~ i~ ~ 19. ~orrowei a Right to Reinstate. l~'oh~~itl?stitn~lin~; I.en~ler's :~crrleration ui 11?e ~ums secureil t,v tl~i~ ~torl- gagc, 13arrower ~hall hn~'r. tlie ri~lit to h:~~•r :itn~ ~?~•ocre~lin~;. I~e~;un I,~• I.~n~lrr to ~~niorce thi• ~lz~ct~ii~;c ~liscon- . tinued at nny ti~ne ~?rior to cntry of jiid~;mcnt cn[orcing tl?is \lnrt~;a~e il: 1~~1 13o?'ro~~•c~r ~}i~~~s Lendcr iill s~mi~ • ~~•hich wouid be then due ~uider this \[ortga~c, tl~c \ot~~ an~l note~ s~~cueiu~; Futurc :1d~'ill1CP~, ii an~~, ha~i »Q tiCCCI- cration occurn~l; (b) Aorro~~~er cure.:ill hrenches of iu~~• otl?~~r cu~~~~nnnt~ oe u~;ni~mcnts of 13erro~eer ~~ontained in ~ this ~Zortgage; (c) I3arrou•er p:i~~s ull reas~nal?l~~ c•x~~cnsc. incurrccl 1,~~ I.en~ic~r ii? _~~nfarcin~; the co~•onnnts nnd ngrc~nients of I3orror~•cr coi~taineci ir, this \IortRa~r iu~d in c~nf~rcinK Lendcr's re~m~die~ :?s ~?i•o~•i:ic~i in {~i~riigriz~?l~ 18 hereof, i»clu~iing, but not limited.t~, reasonal~le i~tturnc~•'~ f~~c~; nii~i ~~II l;oi•ro~cer ti?kc; ,iicli action il~ I.ci.der may reas~nal~ly require to s~ssum thnt tl~e ii^n of this \[art~;n~c. L~~~~dcr'~ intcr~~st in Ihc Yro~mrt~• nml I3orro~~•cr's obligrstion to pay the ~ui?is seeured b}~ this ~Inrt~it~;e shnll rontinuc~ uniin~?ai~•ecl. t?~~on sucl~ ~~<<y~:ient au~~i ci~re b~~ • IIorro«•er, this ~tort~agc nnci tlic ol~ligation~ ~ecu~~ecl lii~rrl?~• .lu~l! rc~miiin in full force :~n~l eftcM :~s ii no itccelera- tion had occurred. ~ ~ ~ 20. Assignitient oi Aents; Appointment of Receiver, ,t~lclitionxl ~~~curit~~ I;crcuniicr, Rorro~~•en c~~reb~• ; ;?ssigns to I.ender thc rents of ti~e Pro{~crt~~, ~n•o~•i~ic~1 that I;orro~~•~~r ~lu~li, ~~rior to acc~lcration uncier i~arn~;rtiph ~ 18 }~ereof or nbnncionment of fhr Prol~ert~•, li:i~•c~ tl~e right to collect ~n~l r~tain ;ueh mnt~ ns the~• beeomc~ due ancl ~ ~ paynble. - - ' LTpon accel~rntion i?nde?• ~~ara~ra{~h 18 hereaf oc iil~andonment of thc Pro~~crt.~•, Lendci• shnll bc entitJecl to hAVe a recei~er ap~~ointecl b~' a court to entcr tq~nn, t:~ke ~~o"ession of and wana~e th~ Property anc~ to colleet the rents of the ProE~erty, including thosc ~~a~f ~luc. :\11 rents coliccted b~• the recei~•er ~hnll hc ii~~~ilied Gr~t to p~yment - of the costs of management af the Pro}~ert~• :~nrt collection of rent~, inch~din~, hut not limitr~l to, recei~•cr's fees. - premiwns on recci~~e~'s boncic and reasonablc attorney's fecs, t~rnt theu to thc~ sum: ~ecurcd ht• this \Jort~i~ge, The receiver shall be linblc to account onl~~ for thosc~ rents netualt;~~ rccei~•~~ci. ~ 21. Future Advcnices. IJpon~request h~• Rorro~~•er, I.ender, nt i.en~ie~'s o~~tion ~~~ithin i~~•enty year~ from the date of this \Iortgt~ge, ~nn~~ mnke Futare :1d~•anccs to Rorra~~•cr. Su~h Future Y1clr~nces, ~~•ith interest~ thereon, shall - be secured i~~• this ~fortgnge ~~•l~en e~•idencccl b~• ~?ro:ui~sor~• IlOtP~ statin~ thnt ~ai~i »otes m•e secured hereby. ~t na . time shalt the ~~rincipal amount of thc i~~clehte~lnc.~ ~ecur~cl h`~ thi~ \fort~agc. not includin~ sun~s ~ci~•anced in ~ :~ccorciance here«•ith to ~~rotect tlie securit~~• of this ~Iort~~kc, exceccl the originnl ~unount. of the \'ote plus US E-----7., 5.0_Q._Q0 ~ . , - 22. Release. Upon pa~•ment of nll suni~ secuircl b~• this \tortga~e, Lendrr ;liall releKSr this \tortg:ige «•ithout _ charge to BorrQn•er: l3orro«~er ~liflll ~~a}• zll costs t~f i•ecordation. if an}~. , IN ~~TIT\F.SS "'FiEREOI', Borro~ver h~s etecutecl this i~iortg~ge. . Signed, seRled and cleli~Tered _ ~ _ in tl~e p ce of • , ! . ~ ~ I ~ i' , . , - = - a- - _ -~Seal) ' - _ - _ Cy l~ FC~WdrC~ ~ -Bono~ser ~ ~ - ~ ' ~ - ) - , _ ' ~j.~ ~ : _ ) { ~ ~ ~1 LCC c ~ ~ -----l~~-f- ~~~~~C . i~----~~~L1:c, - - X--- ~ - ~ ~Seal) ~ ~ C~roline S. EdWc~]Cds -~4nower ; - . 1~39 _Luc~rQ__.Driv.~------------ : Port_ St.__ =Lucie,___ Florida__ 3~452 4~ ~ Property Address _ ~ ; STarF. OF~ _r~. - - - - ~iOllIttV SS: = I l?ere~j~- certifr tl~at on tl~is dnti~, befoi•e nie,.~n ofhec'T (IlII~' iillt~l01•ized in the statc ~ifai•esaid ~»d - ~ in the count.~= : toresaid to tnk i~ements, per~onall~• a~pearedCyril_.Edwards__and ~li~~'~$~~~ • Caxo~ine __S_.~ Edwards.. o me -no~~~n to be tlie ~~ersoii(s) deseriUcd iii ~nd ~vlio executed tlic~ foregoing inst.rnment a~id aekiio~eleciged befor~ me th~t .th.~y. e~eeutecl the st~nie foi• tl~e purposc~ tlierein expressed. ~ ~ ~ : . ~~~ITNE. mti• ]ia~ici a~id oflici,~l SC'c~~ 1l1 ~~1C~ you~it.~- ~~nd ~t.~tc~ :ifoi•e~~id this ___t. da~ of _ . - - - ~ (;~S ~ ~ ~c } ~ -r~-i:v~ ~r--- - - - - 1~ ~ - - ~~r r . ,*t., ~ -~J , - : 7~.,1 ~~.+J"~~- ~ _ . . ) ~ i.- : - . • ' • ~ ? _ ~ rm~~sion expires ' - - ~ . ~ '~:~~';i* ~ \otn?•~• Y~ibEic • ~ ~ ?~Z * ~ 6~'y'y'•~-•. r x - ~ ` ~ ~_z ~ ; > > - 3~~7a.~ : . _ _ . '~~'_^.y.;Y . ~Z . - - ~ , . ~ - . y. J;}.`•'~" - yt- . - . ' i'-EGJRUEO _ , ' • - FILEOAM!~ - ~ i: z;,:' ST.LUs;_ :~~~!J!k~Y rLA: - _ -.~y. R t,G ~ r_ ~ I T r~ A C ~ ~'i- ~ * ' . r,~ F= ~ ~ : ~IT COURT ,,,s._tr. s~ c~`' v~ Cf~~ v 7 - - ~ wa-. ~ . ~ ~ - = - ~ - Mar Zt i"l i~ Pi~'~5 - - _ ~ - _ . - _ - . _ - ~'r _ _ . _ _ _ T J - _ ~ - r.= . - ~ -i . fs ~ ' _ ~ ~ ~ . . _ ~ ~ 3" • _ • - ~"+K - , - ~ , gooKz~~ r~_r,~~4~1. ,RP 2M 5.74-VBP_ . _ ~.s _ . - - - ~ ' ~ ~ ~ ~ - " _ - _ . - - ~ ;