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HomeMy WebLinkAbout1670 , ~ , • ~ . 19. Borrow~i s Right to R~iastato. ~o1H itl~.t:?mlink l.emler'~ accelen?tiun of the •un~s ac~cu~rd by ti~is \lort- gage, Bormwer ~hall hn~•c tl~c ri~ht to h[?~•~• :an~ ~?roc~tiviiu~;. Ix•K~u~ 1~~• t.~~n~icr to enfare this \lurtg~sge discon- tinued ut any tiuie ~~rior to entn of a judgu~cnt en[orcinR tliis ~Iort~aRc if: ~nl l;orro~~er ~~t?ys Len~ler a;ll xun~~ ~rhich ~tould t~e then due under this \tort~;u~e, tl~~ \otr nmi nutc~ sc~c~~rinK Futum :~d~•anc~~, if am , l~a~t no accel- I eration occurreci; Ibl BorroH•er cures ~~ll bnnclic: of an~ othcr ~•o~•eniuit~ or u~rccu~cM~ oi B~rro~~•er containeci in ~ this \Iortgage; Ic) Borro~?'cr ~?n~•s ul) mitson.~hlc ~~x~?cn~~~ incurr~rl 1,~ I.cndcr in cntomin~ thc co~•en~nt~ and , agreements oi AorroHer containccl in this \tort~uge uml in c~tforcinK I.ender'r mmc~clic~ xs pro~•idcvi in ~?~mgrnph 18 hereof, including, hut not limitecl to, masom?blc attorne~'~ fce~: and ~~1? i3urroH•er takc~ such action as I.ender t may rexsonably reqiiire to acsum that the lien af tl?i~ \lort~:i~c. I.endc~•'~ intercst in the Yro~?ert~ un~1 Rorrower ~ I obligation to pa~• tlie sun~.c secureci by tlii~ ~Ion~ake ~hall continue uni~n~?uin~t. ['pon such paynient un~i cure b~ ~ ~ Borrower, this ~1oKgage and thc obli~ntion~ ~cc~irc~t I~ercb~• ~li:~ll mu?nin in full fome i~n~1 effect its if no i~ccelem- ' ' tion had occurred. Z0. Aaaiqnanent of Aents: Appoiatment of Receiver. :~s additional ~ec~~rit~• hemunder, Rorma•cn c~mi~r assigns to I,ender the rentc of the Pm~mrt~ , pro~•i~ic~i tl~at Aorm~~•er sl?all, ~~rior to aeeeieration ~mder ~?arnRraph 18 hereof or abAndorornnt of the Pro~~ert~•, lia~•c th~ riqht to coNcct im~l mtnin sucl~ renta as they I~ecome due and payable. " Upon accelerntion under ~ian~Rraph 18 hcmof or abandomuent of the Yro~?crt~, I.cnder shall l~ entiticcl to ha~e a recei~~er ap~~ointecl h} a court to enter npon, take ~ion of an~1 manage tl?c Property and to collect thc mnts of the Pro~~ert~•, ineluding those pnst ~tue. ~ll mnts collectrd h~ the receirer ~hall I?e a~~plic~ fint to pi~~~ment of the costs of in~nngcment of thr Proprrt~~ anc! collection of rent~. ~n~lu~linR, 1?ut not liuiited to, recei~•er'~ fecs, premiums on mcci~~er ~ bonds ~nd masonable attorney's tec~. an~t then to thc ~inu~ ~ec~~rrd 1?~• thi~ \[ortguge. Thc r~cei~er sh€eil t~ liable to arcount only for th~ mnt~ actuallt n~~i~•M1. Zl. Future Advances. Upon reryuest h~ Borm~rcr, t.endcr. at I.en~icrc option ~~ithin t~~•ent~ ~eAn fmm thc date ot this \Iortgage, ma~ m~ke Futum ~d~•Ance~ to Barro~~•~r. ~ucl? Futum Ad~~ances, with interest thereon, shall be secured by tl~is ~[ortgage nhen eridenccYi 1?~• ~~romi~~orv notc~ ~tating thut ~aid notcs am secured heteb~. At no . time shali the principal nmount of the indelitc~ine.~ ~e~un~cl h~~ thi~ 11ortRu~e. ~~ot inclu~lin~ stuns R~~~'Al1CC(~ in acconiance hem~tiith to ~~rotect the securit~• of tl~i< \iortgage. execc~i the oriRina) amount of thc Notc plus US - - - - ~ 22. Release. Upon ~~a~ment of all sums :ccmrci h~• tl~i~ ~lortga~e, i.endcr shall mlea~e this ~Iortga~e ~~ithout charge fo Borrower. Borro«~er shaii pA~• ~ll cat~ of recorciation. it ~n~. Ix ~t~IT1BS.S `~~AEREOF~ Rorro~rer h:~G e~ecuted this ~ortgage. Si~ied, sealed and delivered . in the presence of : . ~ . D~ ~ w - - --V~-Wti'c~~iE, . _ c~fSeal) l2/~2~~ - 8~~~~ t . . ~ : . ~ ~.n~r~,~~ ~ ` f _L?L`.,.- - - - - - - -(Seal) *4•\~----- - ---~~~~1flA `IlCi~ L~~rrower . ~ ----526_ Vi,olet Averu~a---------- ' ----~'9~~--~t.__~,- F~OS~4------------------------ ~ - _ Property Address i f STaTF: OF FLOBIDA~ - COUIIt•~' SS : ` ~ I hereb~ certif~- tLat on this dt~l, before n~e, 1n officer dul~ autl~ori2ed in tlie state ~foresai~l a~id f - . . ~ in the count~- afores.iicl to tnke ackno~~led~,e»>ents, per~onall~ appeared V• ~~r_ Jr. , and 0eeilia Ant~ U+~i9~t. ~St~~kno~~n to h~ the person(s) cleseribed in aucl ~cho e~eeutecl th~ i fore~oin~ instrtnnent :md a~eki?a~~ledgecl brfor~ n~e tl~at ~e~eeutecl th~ same for thc pin•po«~ ~ therein espressed. ~ ~~'iTxPSS m}- htui~l a~?~i ot~icial ~cal i~i tl~e rount~~- .~i~d •tatc afor~•~:~icl tl~i~ da~ of ~ Nav~ober - - _ . _ _ ,19 _ 74 . . _ _ . ' _ ~ ~ , t . f ~-'~A/ ~ ~ ~ ~t}• ('~mmission expires : \Totar~~ Yublic ~ MOiAR~f PUB~):. ii't E,-. V 1.1h~ 1~ . MY ~MIs~~EZ,.~ :~.~,~ry~ ~dtIDERYlR ~ ,o~y~eEfl~~ . _ l1r+~nRi , ,t~ i ~ v~~ ~ , ~~j'~ ~ t , ~ECOaoEO ~ ~i~; ~y ~ , fILEO AN~ 4U,~7Y FU• ` ' ~ ~ ~ ~ ~ St. ROGEa Q4?SRAS n Ilk~+~~ E~V". - = ~ ~ = CIERK :CU17 COURt ' ~ rMr M ~ = ' e.~ ' REC6RC, YER~.IED f ~1.EV~~~ G~0•,~IICOV~~ ~ ' O ' ~4 ; ~ ~ t S •~~G vU~~ ~ 's ? '~C : ~ 1 K C+ ` c ~ ~ -s,~ ~ , .;R_, ~6 1102 ~~Ea ~tit , ~ ~ ~9'~' '~~oQ ~eh 1 2~33 `8 3 ~ 1~ _ • eooxZ~ r~fz~ ~954.9'~- ~ e~a~~ . . ~ . ~s, . _ . . . _ . . . _ ~ .