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HomeMy WebLinkAbout0967 , ~ . . prior to entry ot a judgment enforciog this l~longaFe ii: (a) Borrow•et pays Lendc~ all sums v?hich ~•~ouid t~e ihen duc undcr thit Mortgagt, the Note and nota ucuring Fulure Advances, it an~, had na accelc~ation occurred; (b) Botrowcr cures all braches of aay other covenants or ag~eements of Borrower containcd in this rtortgage: (c) Borravvcr pays all reasonablt expcnses incun~od by Lender in entorcing !he covenants and agreements of Borrower containcd in this Mortgage and in ; eniorcing lender's nmodia as provided in paragraph 18 hereof. including. but not limited to, reasonable attorney's fees; and ' (d) Borrower takes u~ action u Lender may reasonably require to assure that the lien of this Mongage. Lender': interat in tlx Property. and Bormwer's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such Payma~t and cwe by Borrower, this Mortgage and the obligations secured hereby shall remain in tuU force and eBect as it no aoceleratioA 6ad occorred, ~ 20• Ass~emeot ai Re~t~ Appointmeat of Receiver. As additional security hereunder. Borrower hereby suigns to I.ender tbe tents of the Property. provided that Borrower shall. prior to acceleration under paragraph 18 hereof or abandon- ment of 1he Proputy. have the right to ooiloct and retain such rents as they bocome due and payable. ~ Upon ac~dendon u~der paragraph 18 hereoi or abandonmtnt of the Property. Lende~ shall be entitled to hava a . receiver appointed by s court to enter upon, take possession of and manage the Property and to collect the rehts of the Property, including thase put due. All rents collected by the receiver shall be applied first to payment of the costs of manasement of tho Property and collection of rents. including, but not limited to. receiv~r's lees. prcmioms on recei.er's , bonds and reasonabk attorney's fets, and then to the sums securod by this Mortgage. 'I~e ceceiver shall be liable to account only for those rents actaally rcceived. 21. Future Adrancea. Upon request by Borrower. Lender, at Lender's option withio twenry yean fmm the dace of this Mortgage, may make Future Advanca to Borrower. Sueh Futun Advances. with interat thereon. ahall be socured by this • Mortgage when evidenced by promissory notes stating that said nota arc secured hereby. At no time shall the pri~cipal = amount of the iadebtedness secured by this Mortgage. not including sums advanced in accordance herewith to protect the ; security o! this Mortgage. exce~d ihe originsl amount of the Note plus USS. NO~iE . . . . . . . . . . . . . . . ~ ?.2. Rekue. Upon payment of sU sums s~cured by this Mortgagc, I.ender shall release this Mortgage without chuge ; to Borrower. Borrower ahall pay all coats of recordation, if any. ' Z3. Atton~ey's Fecs. As uscd in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any, which may be awuded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and de ' ~ in the vresence ~ ~ ~ ~~~f ~ ~ . . . . . . . . . :r.~~ . . . . . . . . . . . . . . . ~ . . . . . . . . . . . . . (SeaI) t . . . . • • .S L . •NOR • • ~ , • -Borrower ~ i . . . . . . . . . . . . . . . . . . . . . . . . . .a~~~': ~ . . . . . . . . . . . . (SCdI) ~ ` ~ PAMI3LA W. NORVELL -$a~~ ~ STATE OF }~5.oxxIDe, . . . . . . . . . . . ST LUCIE . . . . . . . . . . . . . . . . . . . County ss: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the couniy afonsaid to take acknowledgements, pecsonally appeared. .~ES, ,~IORV,~L~~qcZ P~~.~1.. NQjtyg,ki{,, . _ , _ . , his wife . . . . . . . . . . . . . . . . . . . . . to me known to be the pecson(s) descnbed in and who eaecuted the foregoing instrument and acknowledged before me that ..~$~y. executed the same for the purpose therein expressed. • _ WirrtESS my hand and of~icial seal in the county and state aforesaid this. . .26 . . . . . . . . . . . . . . . . . . .day of ~ June 19 84 - ~ i My Com ' ~on e.xpira: " - fr ~ "'~,i~~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . S'[~Ob~''. ~ , NotsryPub(' . = ~`_'-r~`. . ; Y<< y~ <<;~ Patrfcla L. Neu _ i -,.~J° ;,.,y' ~,F;,~. Notary Publtc Stats of Florlda at Large : ~,y_;~.:~%;r,'....:y; ~ ~ : . . . _ r My Commisslon Expires June 18.1885 _ j. p ~ ~ , P4 . ~ - - .~s: x` '~F ; f ..~*-F ~;a,~~~'= ? j ' ~/i . ~Y /1~ ` 1 ~ ; t rj;. - ~~~'«Illt~~~~ie'~.~ r . . ~ ~.i~: .'-~.3'r ; f ----=ye--~ (Spsce Betow This L7ns ReuneO For lender and Recordet~ r~~~~ ~ . - . - Eo~^K PlGE e7l,?O , _ _ _ ~ , ~ ~~~s~~;=:~~. .