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24. Biadlnt FJtect. Wheaever the context of this Mong~age so admits or requircs, the terms Borrower and Lend~r st~all {
include the heirs, personal represencatives, successors and/or aasigns of the respective partics hercto; the use of the singular i
number shall include tht plural, and the plural the singular; and the use ot any gender shall include all gendtrs. ~
2S. Asdgameat ot I~enb; Appolahneat ot ~ecdver. As additiona! sacurity hereunder, Borrower hereby assigns to thc Lender
the rcnts of the Property, pmvided that Borrow~er shall. prior to acceleration under paragraph 1"f hereof or abandonment of
the Property. hav~ the right to collect and ntain such nnts as they become due and payabl~
Upon aa.eleration under paiagr~aph 1'f hereof or abandonment of the Property Lender shall be entitled to have a receiver
appointed by a court to encer upon, take possession of and manage the Property and to collect the sents of the Property, in-
cluding those past dua All nnts collected by the roceiver shall be appliod first to payment of the costs of management of the
Property and collection of rents, including, but not limited tq receiver's fees~ pnmiums on recriver's bonds and rcasonabie
attorney's fas. and then to the sums secured by this Mortgag~ The receiver shall be liable to account onty for those rents actually
receivod. ' . { j
PROVIDED ALWAYS HOWEVER, that if~oRawer }~a~p~+y uMtoi~ender aery and all outstanding sums, if any~ advanced
in accortiance with the Cnedit Agrament and any monies ~pr~vided for in and by this Mortgage and shall weU and truly kcep,
observ~ and perform, comply with and abide by each and tvery the stipulations~ agreements, conditions and covenants thereof
as and when requued thercby then this deed and the estate hereby created shall cease and be null and void, otherwise the same
shall remain of binding force and effect.
IN WITNFSS WHEREOF, Borrower has executed this Mortgage on the day and year first above written.
Signed, sealed and delivered -
in the presence of: ~
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Witness 5 ~r/ - (SEAL)
C ~ - . H T (Borrower)
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Witness ' ~ - ~
~ ~ ~ ~ ~~,~~G~G ~~irl- l /G ~ILC ~G, (SEAL)
W~t~~ DAWN M. LACANICHT (Borrower) ;
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Witness
STATE OF FLARIDA )
COUNTY OF St . Luc ie )
~ 8~ February 19 85 b
The foregoing instrument was acknowle~gec~etbr~~m~th~s ~ day of , , y
Wi11i~ J. Lachnicht ~ Dawn M. Lachnicht
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~ - ~M6i~f2Y P,;~LiC STATE OF ~IQ~IDR
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STA'PFi~ ~ ~ `~~`IDA ) 9 ~ 0 ~ 1 ~
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The foregoing instrument was acknowledged before me this day of , 19 , bY
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