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HomeMy WebLinkAbout1927 18~ BorroMr~i s Aiqht to A~instat~. ~Ol\Y11IIS1Al1tIlD~ I.l~n~ler ~ ttcccie~Yttion u~ th~• •wu~ sc~curc~l bv tl?is \tort- ~age, Bortower ~liall li:~ve tlie riRl~t to ha~•~~ :u~v ~?rocctivlin};r IK•kun b~• Lcndc~ to ~nforce thix ~lurt~uge di~con- tinued ut any time prior to entry of a juci~ment entorcin~ tl~ir \lort~aRe if: la1 Borco~~•er ~u?ys l.ender all sum~ wl~ich would I,e then due under tl~is \lortg:?Re, the ~ote un~l note. ~ecuriu~ Futu?~e ~~lvan~c~, it an~ , l~ad no accel- eration occurred; (bl Borrower cums all bmachc~+ ot un~ othr?' CQ~•en:~nt~ or u~rcrmentK ot Borro~~•e~ contained in this \lortgage; Icl Borro~~er pn~•s nll mnsonahle i•x~~eusc~, iucurr~~ci L~• i.cndrr in enfumiii~; the co~•cnantK anci agreements of AorroNCr cont-~i~icd in this ~lort~agc und in cntorcin~ L~~ndcr's mn~eciic~ ~ pro~•idecl in ~~a~aRrnph 18 hrreof, including, Lut not limitecl to, m~onablc nttorn~r':~ fc~~; and ~dl Borrower takc~ rurh nction as I.c~nder may masonably requirc to a`surc tliat thc licn oi fl~i~ ~[ortfiugc. T.~rnicr'~ intcrest in th~ Pro~?crt~• and Borro~ver~ ni~lisnt.i~?n ~n ~uav the cutnc ~[!cut~ec~ ~~V ~Illr \iort¢n¢e sl~all eonti~we uni~nnairc~l. t.'Iwn suel? ~u~yu~ent and ettre bv Borrower, tl~i.a \[ortgzge and tlm ohligntiom s~~cu~rd h~mh~ •hnli remuin in full~ force an~l eFtect us it no Accelern- ~ tion had cecun~ed. ~ ZO. l~Sigament of Rents; Appointment of Aeceiver. a~lditional ~erurit~• hemunder, Botro~~'er I~ereb~ ` aasigt~ to Lender the rents of tl~e Pm~~erL~, pro~•irlcrt tlest Aormp•er ~hall, f~rior to accelcratio~~ under ~~t~rn~rnph 18 hereof or abandonment of the Pro~~eri~ , irt~•c tli~• right to collect un~l mtain such rent. as thet liecome due and ~ payable. Upon accelerntion under ~~arngraph 18 hemof or ubanciomnent of the Yro~icrty, t.endcr shall I~c entitled ta ha~~e a recei~•er nj~~+ointc~l b~ a court to cnter ~qwn, takc ~~o~c~sion of An~i managc thc Proi~erty and to collect thc mMs of the Pro)?ert,r. incli~ding those pa~t due. ~II rents collectc~i b~ the recei~•er •{~111 Ix~ s~?plied fir-t to ~~nyment ~ of the costs of n~anngement of the ~Propert~• xnd collection of mnts, includin~, but not. limited ta. recci~•er'~ fee~. s premiums on recei~er's bond~ and masonablc nttorncy'• ic~~, nn~1 then to thc ~um~ secured 1?~ thii ~iort~agc. Thc receiver shall be liable to account only for those mnts acti~alh recei~•eci. al. Future Advamcea Upon request Borro~~cr, I.ender, at 1.en~lcr's option ~~ithin tHCnty ~~ca~ from thc clate of thi~ ~iQrt~A~, m~v ?t?~ke F~~!~~m ;1~i~ Rn~e~ to Rormt~ er. fiucl? Futute ad~ ances. itl~ intemst tl~ereou, sl~all be secureci by this ~iortgage hen c~•idcnce~i i~~ promic,on noics st~tting ti~si ~xi~i noics am secun~i h~rei~y. At !w ~ time sLall the Principal nmount of the indebtednc~:.~ ~ecumcl h~ fl~is 11ort~agc. not includinfi sums ad~•anced ia acconlanec hemwith to ~~rotect thc security of this \Iortgagc. cxccti~cl the ori~inal fimount of tl~c \Tote plus IISi_-4- - - - - • 22. Relearse. L'pon pa~ ment of all sums srcured b~ thi~ \Iortgage. I.~ndcr ~h~ll release this ~to~tga~e ithout charge to Borroner. Borroner shail pnv a!1 costs ot recordation, if anv. II~i `~~IT:~ ESS ~~AEREOF~ Borro«er h.~s e~ecnted this Mortgage. Signed, sealed anci d i n the pr se L O /~I_ ~ - ---/l,~~- - - V~~'1~'tt~?./_%suGw,^-f~c~s--- - -t~i~ - . . - ~~11 PBE.'iC Bort~o~ver . ~ ' i-- --`~J,~i'--~~?,~- . _ (Seall ~~Cl~~~- - - D~e[IS W. p~iC Borrower ' --l_l ]!-'ff_~'__i11'_TrJ~RT_'_'_ I ~ __P~t._St~__T~r; ~ _ Property Addre~ STATF. OF FLOBIDA~ _ _ - - COUiItP SS : I hereb~r certif~ that on this day, before me, au oti'icer dul~- authorized in the state ~foresai~l aud in the count.~ ~fores~ici to take ackno~~ ledrenients, personnll~~ xppeared .T17~$ -M~tin- peek - t~d_I?3~ik't W,. PPele, 1~i8 wi~~o me kno~vn to be the pei•son(s) deseribed in ~nd ~vho eYecuted tl~~ fnre~oinr instrnn~ent and aekno~~ledged lmfoi•c me that~ ~~ecutecl the same for the pin•po~~• tliereiu e~pressed. W~xsss m~ l~and ~nd oflici~~l .eal in tl~e count.~- .~nd tit.ite ~foreaaid this ..16~ cla}' of Deoe~ob~r - - - - - ,19 74 _ . _ . fi~~~~ ~ n. ~ ~ ~ ~ ~ ~d~~t r.r.tnA t~~~~ „t ~tnpTnl t# ~Gr:y ~ . ~~.~~'Y.o~a~i~ ~expires'. ; , , q - _ ~ ~3 ~4~ ~Totary Public a ~ ~ :!,x=: _ . ; = ° ~ w t ° - . ~ • 1~~~= - o , r~:~ _ ~ , . . , c~ _ • . -~i'r : : l,~~ ~ 3 ~ ~ ~ . ~{„~~~~~~{~~;,i~~ . . f~lEO Ah9 yECpR0E8 • fT. LtIC~E COUNTY F~, ~ ROCEn' p~~TRAS ~ CIERK Ct ;~~~t COURT RF~r~~ yEart~E~ - O~c Il 3 ss PN'l~ ~ 29'7423 ' 6a0K~~ PAt?~~~ ',;=`t, ~ ' . , r~ ~j h ~~~p ~y . ~ , f _ ~~~,~y'Z.a-`_~",F~','~. ~..s.~.s ~ _ , . . ~ ~ ~~~'^'3~~ .