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HomeMy WebLinkAbout0979 . _ ~..~...~-.L~.~..~~~ ~ ~ ~ ~ ~ _ . . ~ ~,a , _ ~ . ! prior to entry of a judsment entorcin~ this Morttage iI: la) Bo~rower pays Lende~ al{ sums hkT+ would be'tl~"aue unds~ this Mortpje, the Note and notea secu~in` Fwure Advanca. if any. had no accelera~ion occurrod; Ib) Bo~~owe~ cura alt broacha of aey other coveoants o~ a~rcements ot Borrowe~ contained in this Mo~t~a~e: (c) Sorrower pays all rcuo~able ezpensa incurnd by Lender in enforcins the covenants and a~nements of Borrower contained in this Monga~e and in enforcina Lender's remedits u provided ia pa~raph l8 heceot, includin=, but not limited to, nawnable attomey's tea; and (d) Bomower takes such aclion aa Lender may reasonably requirc co assure that the lien of this Mortgage. Lender's interat in the Property and Borrower's obligstion to pay the sums secured by this Mortgage shall continue unimp~aircd• Upon such payment and curo by Borrower~ this MoAgage and the obligations secu~ed hereby shall remain in full torce and eQect as it no acceleration had Qccurred. ~ 20. Assi~~uneat of Rent~ Ap~oiMmept o/ Recdver. As additional securi~y hercunder. Borrower hereby assigns to Le~der the rcnts of the Property, provided that Borrower shsll, prior to acceleration under paragraph 18 hereot o~ abandon- ment ot the Property, have the right to collect and retain such rc~~s u they become due and payable. _ ~ Upo~ acceleration under paragraph 18 hercof or aba~~onment oi the Property, Lender shall be eatitled to have a receiver appointed by a court to enter upon. take possession of and manage the Propeny and lo colkct the renu of the Prcpeny, including those past due. All ~rcnts collected by the rcceiver shall be applied first to payment of .the costs of management o( the Pmpeny and rnl{ection of nnts, including, but not limited Io, rcceiver's fces, prcmiums on rcceiver s bonds and reasonable attorney's fees. and ihen to the sums secured by this Mortgage. The rece+ver shall be tiable to account only tor those rents actually rcceived. 2i. Future Advances. Upon request by Borrower, Lender, at Lender's option within twenty years fmm the date of this Mortgage, may make Future Advances to 8orrow~r. Such Futun Advanca, with intercst thercon, shall be securcd by this Mortgage when evidenced by promissory nota stating that said notcs are secured hereby. At no time shalt the princ+pal amount of the indebtedness secured by this Mortgage. not including sums advanced ir~ a..:~rdance helrewith to protect the security oi this Mortgage, exceed the origina! amount of the Note plus USS-O- ~ 22. Rekase. Upon payment of a!1 sums secured by this Morigage. Lender sha11 release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, it any. 23. Attorney's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees. if any, which may be awarded by an appellate coun. IN WITNESS WHEREOF, Borrower has executed this Mongagc. Signed, sealed and delivered in the presence of: ~ . 1 ~ ~ - • cs~l~ PA FLYNN ~O1Mi~` ; / ts~) LYNN M. PLYNt1 ~fO1M~` STATE OF FLORIDA, ST. LUCIE County ss: I hereby certify that on this day, before me, an officer dufy authorized in the state aforesaid and in the county ~ aforesaid to take acknowledgements. personally agpeased FAUL W. FLYNN & LYNN M. FLYNN, his wife i , to me known to be the person(s) described in and who executed the ~ foregoing instrument and acknowledged before me that they - executed the same for the purpcue therein ~ eapressed: . ' i - ~ ~ W~TN~s my _ a d officiaf seal in the county and ate aforesaid this ~ day of . ~ ; ~ , ~ 19 84. ~ r r,•. t .s. ~ - . . ~ M~y`Comrpission;exptres:'~a= ~ -'~r , . ~f.t -:u~ ~ \1 ~ ~ _ . a . ~ ( - / . , •1~' NOt~fy h1~~it .~.~f~ a, 3 i i , ~ .-~"t~ -a V'`~~-'~ - sii , l~ .t t • . . , , ~ ' . ~ fi . . . t`. y~ . ~ ~ ~I f ~ S r • ~y~"~ ~ ,!s'- . ~ .,t , . .X_ a . ~ ~ . (Sp~oe BNow This Lint Reservsd Fa lend~? a~d R~corded Z• s r ~ ~ . s ' ~ ~ ' ~ ~ ~ _ ~ z ~ . , . i . , _ . , ~~~.nR~J~ P~'Cf J~~ . . , 90UK , . ~ , - - ~i ' 4'.~s ar,+~ '.u."s~`~ ~r_.:~f~: -K, t - s~5~a.- ~ . . . . . . - . . . .