HomeMy WebLinkAbout0304 ~~~J Ilfi~l
19. BottoMr~r
s Right to Rsinstai~. \ut~citli.tanding l.en~i~ r'r xcerl~~~xtiun of tl~e ~un~.+ secur~~i ~y this ~brt- ~
gage~ Iiorrower ~hall 1~:?~e tt« riKl~t tu ha~•~~ ,?a~ ~?ror~~~ii~lK• !K•Kun h~• IAr,dec to ~•~~tur~~c~ tl?i• ~[ortKu~e <iiscon-
tinued at nny tiiue prior to rntry uf n judgment ~~nfon•in~ tl~i~ \IortK:lRr ii: la~ tiurro~~•~~r ~?a~• In~~~dcr all ~un~.c
+~hich would l~c th~•n duc un~ler this ~lortgak^c, tlu• ~ute xn~i nut~~ ~~curin~ Futum :~d~•x~~cc., if :tin~, t~nd uo ucccl-
e~ution cecurreci; (b) IIorro~~er ~•un.~ all t?re:~cli~w at :u~~• uther ~o~•~nact~ ur aRn~~ment~ u! i3orro~~•er ~•ont:~iuc~i in
this ~Iortgage; lri Borran•er pAys ull mi?.wn:~l?1~~ eX~?CI15~'~ iucurn~cl h~• I.ender iu entorcin~ the cu~•c~~au~ts and
~green?ents oI Borro~~•er contained in thes \lurt~a~c :~mi in rnfominK Lcndcr's nu?~v1ir: ~?ro~'i~IMI iu ~~aru~n~pl~
l8hemot. ~:~ciudin~, but not li~uited to, rcasou.?bl~• attornr~•'~ f~~~: iwd idl l3orn?~~cr tuk~~s ~ucL sriiun as Lender
ma3 renso~~ably n.~~uire to i~c~ure fhat tl~e lic~~ ot tl~i~ \IurtK:?~~•. Lei~~lrr'~ intem•t in tii~ Ym~x~r!}• :tn~l Rurm~~err ~
obligaiion to ~?a~ tl~c s?u».~ sccureci by this ~lartRukc• :1;:?11 cc~ntinuc unim;~ain~i. t'~~on ~uch p:?~~u~nt an~i ~~um b~ _
Borrov?rr~ this \lortgaKe and tl~e obligatiom ~rc~u-ctil he~rl~r •lu~ll ~Y•~n.iiu in full force :uul rt~ect if no :~c~•elera-
tion had occurred.
2Q Asaigan~ent of Aents; Appoiniment ot Receiver. :1~ :ulditiuual ~~~curitr hrrcan~irr. Borro~~•~~r hrml?~• _
.~.~igns to I.nnder the rents of thc Pm~~rt~. E~m~•i~ic~1 tl~at Borm~~•rr ~i~:+il. =~rior to acc~d~r.~tion un~ier ~?xni~;rapl~
18 heteof or nb;?ndonmcnt oi ti?~ Propertr. !?a~c thc riKht to co~lect a~i~i mtain .~uch rent~ :i~ tlic~ bccon~~ ~iuc z~e:i
~~ayable.
' ilpon accelcrstion under pnrn~rnph 18 hc~rrof or :~I?:?n~lonuient of the Yro~?ert~•, I.ender shsll '?e ei~titled to
IIR~'@ R TPCt'1~'Pr R~~j~014t(YI b~ R COU['~ b e11tPT t1~~on tak~• ~~o.~~e:` ior~ of :in~i ~n:u~a~e the Ym~?ertr nn~i to ~olirct th~ . F
rcnt~ oi the Pro~?crt~, in~hidin~ those {?,~~t ~tue. :~11 n~nt. ~otlect~Y1 h~• !hc• ~rcei~•er ~hall 1?. :i~~~~li~~1 fint tc~ pa~•ntent
of the costs of ~nann~ement of the Pro~iert}• ~n~l coll~ctio» of rcnt~, inelu~iin~. 1??1t not limitcrt to. recei~•er'~ fees. ~
premiums on re~ei~•er's t?ond~ ~nd mzsor.nhle attorne~'~ fe«, xn~l then ta the sun?c ~ecured h~• thi~ ~lort~u~e. Ttr~ i
receiver shall i~c lisblc to account only for thos~~ rrnt~ :iCtllilli~• rrrei~•ccl. 3
21. Future Advances. t~~zon rc~uc~t Borro~~er. L~r~dcr, at I.cn~lcr's option ~~ithin t~~•ent~• ~•can imn~ thc ~
date of this ZlortgaRe, ma~• n?ake Fut~im A~t~•anc~~ to Rur~Yi~cer. ~uctt Futum ~d~•:u~ccs, ~~ith intem~t thcmon, shall ~
bc secute~i 1?~ this ~1ortR~tge ~~•hen c~•idence~i t?~~ ~?romi~~or}• ~iutc~ ~t:itin~ tl~at ~aid notec am :ecumd I~ernl?~. ~t nc~ i
time ~hnll the I~rincipal amount of tl?~ in~lehte~lne~~ ~~~curc~l 1~~• thi~ 1Tart~a~e, not includin~ ~um~ ad~•anceci in ;
accorctanee hem~rith ta ~~mte~t the ~ecurit~• of thi~ \lort~ra~e, excei~l th:• ori~iniil amount of thc \ote plus ;
USt- 9,500.90 . €
22. Release, t7pon p:~~ment of al! ~u~u~ seeuiY~l h}• tl?i~ ~tort~.+~e, L~•ndcr shnl! mlease this \iort~uRe ~rithoul
charge to Borro~~er. Borroncr shall pn~• all cost~ bf m~oniation. ii tn~ .
Ix «'iTrt.ss ~\'xseEOr•, Rorro~~er l~ns executecl this ~iortgage.
Signed sealed and delivered ~
in th r ence of : ~
y . ~..e.~li• ,~G (seal~
_
- - - - - ~
Fre i~l. Murphy Borrov~er ~
~ . G~l:!/l _ _ 4 _ _ _ (Scal l ~
- ~ ~ - r
~
Libby K. Murphy Borro.?er .
. 3
. 1896__ ShannP~_Rd-*--- ~
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II 1?t. -P_i~rce,._I~la.- . ~
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` ~ Rnperty Address ~
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ST3'rE OF FI.CRIDA~ J~ Count.~- ss :
~ I 1?ereb~ certif~- tl~at on this da}~, hefore me, :~u officer duh• .~utLorizeci in tlz~ state aforesxi~l a~~d
in t~te connt~• afores.~i~l to take <<ekn~~rled~e~n~iits, pei:,onall~- appeared PRANKLIN W. MLiRPHY AI'ID -
LIBBY M. l~i[IRPHY, his Wife , t~ ~nt~ knc~~~n to he the personts) d~scribed in and ~~h~ e~ecuted the ~
for~goinr instrcmc~nt and ackno~~ l~~l~~d h~for~ me th~t they esecuted th~ sanu: for the purposc~ ;
tlierein ~YpresSed. ~ ~
~t'ITNESS r lia~id ~.d offieial ,e~~l in tlu• count.~- aucl ~t.~t~~ afore~:~id thi~ X~~ d:t~- of j
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