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18. Borrow~i
s Aight to A~iastat~. \ot~rithstandinR I.ender's accele~ition ot tl~e ~un~. ~ecureci Iry this \lort- }
gage, Borrower shall ha~•e tlie ri~t~t to ha~•~~ any ~?rocctiyiin~s IK~~un I,~• Le~ider to enlurce thi• ~lortRrake cliscon- ~
tinued at nny time prior to entry of a judgment eniorcin~ thi~ Vort~age if: la) 13orro~ccr ~~ays I.cndcr all sum. ~
K•hich woulc! be then due under tlais ~Iortgn~;e, tl?c ~ote an~l i~utcy ~ecurinR ~utum ~d~•uncec, ii an~, l~nd no accel-
cration cecurrc~cl; Ib) Borrower cum: nll bmacheb of un~• otl?cr cot•cnanir or aRmement.~ ot liorro~~•er containeci in
this \Iortgage; (c) Borroner pa~•s nll re:~sonahle ex~?eus~~ incurrc~i I?~ ~.ender in enforcink thc ru~•cnants nnd
agreements of Borrower eontaineci in this ~[origuge :~ncl in enforeinR l.e~der s mn~eciii~ vs pm~•idcv! it~ ~~arngrnpl~
l8 hen.~of, inciuding, but not limiteci to, reasonal~le ntturne~•'~ k~~; ai~~l ~el? Borm?~•er ti~ke. ~ucl~ :~ctiun tis I.ender
may rcasot~ably require to r?FSUre thai. thc lien of thi~ ~IoM~ufic. l.c~?der'• intem~t in thc Yro~xrt~• :~u~l Burro«er's
obligntion to pay the sums secured Uy this ~IortKa~e ,rhall contini~c uni~u~u~imd. t'pou sucL ~?u~~nient nnd cute b~
Borrov~er~ this \[ortgage and the obligatio~~. sccure~l hcrel?~• .1?all remain in lull fomc uu~! cf~~rt a~ if no :tccelcrn-
tion had cecurred. t
20. Assiqnmeat of Rents; Appointment of.Receiver. A. iulditional ~ecutitr hemiin~t~~r, Rorro~~•cn c~rei~~- F
assigns to I.ender the rents o( the Properiy. ~~m~•i~iccl tt~at Rorm~~er ~i~xll. ~~rior to a~celenition under i~nrafiraph
18 hereof or abandonment of tt?e Propert~•, ha~•~ tl~~ ri~ht to colicet an~! mtain .u~h mnt~ a~ the~• I~ccome due ~~id
payable. ~
Upon accelerntion under parn~raph 18 hcrnof or a~hzn~ionu~ent ot tli~~ Pro~?crty, I.en~icr shall b~~ entitleci to
have a mcei~er ap~winteci by a court to entcr iihon, tttkc rossc~~ion of a~nd ?uanage thc Yroiiert~ nnd to collect the
rents of the Proi~erty, includinfi those ~ia~t duc. ~1) mnts rollectc~t i?~• thc mcei~•er ~hall 1?e x~~~~tie~! fir.•t to Im~~ment
of the costs of u~anagement of the Property anri coliection of mnt~, incli~~lin~, h~~t not limited to, mcei.i•er's fecK.
premiums on recei~~er's bonds and reasonable nttorney's fees, nn~i then to thc sums ~e:curc~l h~• thi• ~1oH~?aQC. Thc
receiver shall be liable to account only for thwc mnts actuall~ mcei~•ed.
21. Future Advamces. Upon request b~~ Borro~~er, I.en~ier, nt I.cnder's o~~tiou ~~ithin h~•en4~ ~~ca~ from thc
date of this llortgage, ma,y make Futurc Ad~•ances to I3otro~~•er. Sucl~ Futt~rn Ad~•succ~, ith intem~t thereon, shall
be secured by this ~tortg~ge ~~hen evidenccvl hy ~~ron~i~~or~ notc~ statio~ th:~t ~ai~l notes am ;ccunvi 1?rmb~. at no
time shall ihe principal amow~t ot the indebtedne~~ ~ecumct b~ fhis ~tort~a~c. not inchuiin~ wui~ u~iranceci in
:~ccorclance hernnith to protect the securih of N~is \Iort~a~e, cxcc~cv! the ori~i~~x! amount of th~~ 1Tote plu~
IJS -
2Z. Releacse. LTpon ~?a~~nent of xll sums secured h~ thi~ \tortR.~~e, I.rnder ~h~?lt mirase thi~ \Iort~a~e ~~•ithout
charge to Borrower. Borm~rer shali pAy R~l C0.ctc Of IY`COP(~At1011, if t~nr.
IN `~~TTNES.S `~~IiEREOF~ Borro~ver b~s e~ecuted this riortgage.
Signed, s ~nd delivered ' ;
in t.he pre, n o: t
~ ' ~a~~l~?~~z- • .
~r= - - - (Seu11
_
~ ~ Carl L. Oaks -BonoRe~
- Re~./Oak~~ (Seall
~ -Borrot~er
1$II~1_.&13rfS].Cie---L~r1Ve.-- - -
Fott__P_ierce.---Florida----------
Property Address
STATE OF FLOItIDA~ - Mt3T"tlll COlllit~ Sc :
I herebt~ certif~• that oi~ tliis cla}•, before me, an o8icer dnl~- .iuth~rized in the state afore~fiid ~ud
in the count~~ aforesi~icl to take aekno~~ledaeme~its, personall~• appearecl CARL. L. OARS and RETA
B•_ OARS his wi fe , to m~ kno~vn to be the person ( s) described in and ~~-ho etecuted the
forc~oin~ insti•ument and flekno~4ledgecl bc~fore me that they e~ecuted tl~e sam~ for thc purpos~~
tlierei~i expressed. ~E
~~rITNFSS I11~ ~lilll(I and offici.~l ~eal i~i the coiuit~• <~nd st~itc ~ifore.aicl t.his _ da~- of
-June _ ~ 19 73 _ _ . 1
~t~- Commission expires : 7/L6 - - - - - ~ - -
\Totarr Public ~
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