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HomeMy WebLinkAbout0939 ~ : . : _ . . : , • • ~ .l; j i ~ ~ ~ ~ r prior to entry of a judgmenl enforcing this Mor~gagc if: (a) Borrower pays I.enJe~ all sums which would bc Cnen due under this Mortgage. 1he Note and notes securing Future Advancea, i[ any, had no accel~ration occurred; (b) Borrower cures all breaches oi any other co~•enanls or agreements oi Horrower contained En this 6lohgage; (c:) Borrowe~ pays all r~asonahle expenses incurrca by ~ender in enforcing Ihe covenants and agreements of Borrowtr contained in this Mortgage and in et~forE:ing I.ender's remedies as provided in paragraph 18 hercaf, iocluding, but not limited to, ~easonable attorney's lees; and . (d) Barrow~r takcs such action as l.endcr may reasanabl,r' require to assure that~ thc lien flf this Mottgago. E.cnder's interest in the Propeny and Rorrower's obligation to pay the sums sccured by this Mortgagc shalt continue unimpaired. Ilpon such payment Anci cure by Borrower, thi~ Mohgage and the obligations secured horeby shall remain in full force and tftect as if no acceleration had occurred. . _ ~ _ 20. Asstgnment of Rents; A~pointment ot Recriver. As additianal sceu~ity he~e~mder, Rorrowef he;eby assigns to ~ , I.ender thc rents of the Property, provided that Borrower shall, priar to acceleration under ps+rag~aph 18 h~reef ar abandor~- - mcnt of the Property. have the right to collect and retain such rents as they become due and payabk. j UF:m acce~eialian ur.der paragraFh 1S here~I o~ ab?ndanment of the Propeny, Leadec sh~A be es~titled ;:r.ve w rrceive~ appointed by a court to enter upctn, take possession of and manage the Pro~+erty and to callect Ihe rents of the ~ Praperty, including those past due. A~1 rents collected by the receiver shall be applied first to ~ayment ot the casts ot management of the Froperty and callection of rents, incluciing, but not limited to, receiver's fees, premiums~on recei~~er's t bonds and reasonable attorne~`s [ees, and then to the sums secured by this Mortgage. The receiver stial) be liable to account only for those rents actually received. ~ ~ 21. Future Advaaces. L)pon request by I3orrow~er, l.ender, at Lender's option within twenty years from the datt of this I~lortgage, may inake Future Advances to Borrower. Such Futuie Advan:es, with interest thereon, shall be scxured by this illortgage w~hen evidenced by promissory notes stating that sa~d not~s are secured hereby: At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced i~~~C€ordance herewith to protect the ~ secu~ity of this Mortgage, exceed the origina) amount of the Note plus USS. : i 22. Release. Upon payment of all sums secured by this Mortgage, Lender shall reiease this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. Attorney's Fees. As used in this Mortgage and in the Note, "attorncy's fces" shall include attorney's fees, if any, ~ which may be awarded by an appellate court. - - ~N WITNESS WHEREOF, Borrower has executed this viortgage. ~ Signfd, ~ealed and delivered - ~ in thc presence of: ~ • ~ . . . . . . . . . . . . . . . t . . . . . . . - ~ 4~.,li2~^~-.. . . . . . . . . . . . (Seal) ~ M i chae 1 E. MOOn •-Borrower ~ . . : ~'~~.A~cr.r..` -G~/1.~l.~..r.l. . ~~~-O.`-i...._. . . . . . . . . . . . (Seal) ~ u reen P . MOOt1 -Borrawer STATE OF F40°~DA, . . . . . . . S t. Luc i e . . . . . . . . . . . . . . . . . . . . . .County ss: I;~ereby certi[y tnat on this day, before me, an oflicer duly authorized in the state aEoresaid and in the county aforesaid ta take acknowledgcments, pc;rsonaily appearcd. ..MlGb~e.~. .~•..MVOn. ~.Rd .Maur~~n. P..MQOn... • • • • • . - . • . . . . . . • . . . . . . . . . . . . . . . . . . to mc known to be the a:rson(s) described in and who executed the - foregoing instrument and acknowledged beforc me that. ..rh~y.. .....executcd the same for the purpose therein expressed.. ~ , ~ . Wirrt~ my hand and of.~'iciat scal in the county and statc aforesaid this. . . . . .~7t~. . . . . . . . . .day of . . , ry :~j ~dY . . . . . . . . . . . . , 19 . . . . . • ~l z ~ , Iyiy ~ommj~dn~xpires: ~ . ~ ~ r ~~F; t ~ ~ ~ . . . e~:~, ~ij1!-'- ~e, f ' . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ' '~l' . . ~ . - . Na b~ic <~~~r~+~ - My Commission Expires Aprif 2~~ 1983 . . . . ~ - - .t r-~.: - ~ , t~~ - ~ ~ ~ , . '~i~r~, :.~k.,:.~i . . . . ~ , 1~: ~ J • h ' . _ - ~ - ' (Spate Betow This Line Reserved For Lender and RKOrder) ~ . . . h ~ . , ~ 3 ~ - . . i ~ ~ : ~ ~ ~ • ' ~ k- ^ BOOK J~ PAGE ~ ~ - , ,