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HomeMy WebLinkAbout0798 ~ J F. ~ L ~ 19. Borrowsr's Right to Reinstate. ~ot~~~itl~,tt~ndin~ l.en~ler'~ :~cceleratiun of tl?c ~un?s ~ccur~~l by tl~is \lort- ~ gage, Borrower shall ha~•e the ri~l~t to lu?~•c ant~ ~?rore~•diu~;s I~i•Kuu In• Lendrr tu ~~nfur~e thi• \lortRage discon- tinued at any ti~ne ~~rior to entn o[ a judgment eniorrinR this ~tort~i+Ke if: ~a~ 13orro~+•cr ~uiys Lender all 5ums whieh would be then due under this ~lortgaRe, the \ote und notes securiu~ Futum :1~1~•ance~, it an~•, hacl no accel- eration occurrecl; (b) Borrower cures all hreaches of ;?ny other co~•rnzu?t~ or i?~;rc~~inent~ ui Borro~ver containccl in ti~is ~'lortgage; (c) Borrow•er px~•~ all masonul?Ie ~~x~~en.e~ incurreci li~• I.endc~r in cniorcinK the co~•cnants anci ; agreeu~ents ot Borrower contained in this \iortKnKe ~u~d in ~•nfo~rin~ l:en~ter's muuviic. as ~~ro~~icl~yl in ~~ura~ra~~h 18 hcreof, including, but not limited tci, ma~onul~le attorne~•'r fec~.: zu~~l i~l l 13orro~~•er tf?k~~s ~ucli aMion ~t~ l.ender n~ay musonably mquire to a~s.~urc th~t tlic lirn of thi~ ~lort~;iiKc. I.~~n~icr'~ intemst in the Yro~~~~rt~• :?n~l I;orro~ecr'~ obligation to pay the sums secured by thi~ \Iort~a~e sl?all continue unin~~niire~l. i'~~on such pi~~•ment und cure h~• IIormwer, this \IortgaRc an~1 tLc obligatiom Kcur~~l I~~~r~•{?~• .hull r~nu~in in full forcc~ un~l cff~ct a~ if no :t~•cclcra- tion had cecurred. 20. Asaignment ol Rents; Appoinlment oi Receiver. u~l~litioual ~~~rurit~• hcrcun~ier, Rorm~~•~~~Nii~~mh~• :?.cigns to I.encier the mnts of thc Yro~mrt~~, ~~m~•i~i~~l tl~at Rorrn~~~rr ~l~:+tl, ~~rior to a~•celerattion un~lc~r ~?ar:~~ra}~h 18 hereof or nbandonment oi the Yropert~•. 1?a~~~~ tl~~~ ri~ht to colleet :uul retain ~ucli mnt~ :i~ the~• beccnne~ ~lue anc) payable. ' Upon ~+ccelerntion under ~~nra~ra~ii? 18 hemaf or al~,~n~lonment of thc• Yro~?rrt~•, l.end~r shall b~ entitlcvi to ~1R~'t; R tCCClver appointc~i hti• a court to ent~r u~?on, tak~• ~?ac.e~.ion of un~l ~u:?na~e tl?e Yro~~rrh• nn~l to eoll~ct th~ rcnts of the Pro~?crt~•, includin~; thosr ~~a~t ~luc. ~il r~nt. collccte~l h~• th~• recci~•er ~hxll h~• u~?~~lic~l firt to ~inyment of the costs of ~uanagement of thc Pro~~ert~ :+nr1 collection of rent~, inchuiin{;. 1?ut not limite~i to, mcei~•~r'x fee~, premiwns on recei~•er's hond~ and rea~onablc attorney'~ fees, aml then to th~~ ~um~ sccurc~l hy thi~ \tort~a~;~. Th~ receiver shall be linhle to account onl~ for thosc rents .1CfilA~I)• m~ei~~ed. 21. Future Advances. ITpon request b~• Borro~~•eti•, l.en~ier. at I.en~ier~ o~~tion ~~ithin t«~ent~• ~•ea?n imui tLc date of this ~[ortgage, ma~• wake Futum ~1d~•ance~ to Rorro~~•er. ~ucl? Fatum ~~h•~nce~, ith intere.t ti?emou, shal) I~e secumd b~ this ~iortg~gc ~~•hen e~•i~ieneed b~• ~~romi~~or~~ note~ ~tntinR that ~xi~t notc~ xre secured i?creb}~. At nQ time ~hnil the Princip:?1 an~ount of thc• indeht~~lnc~: ~e•cunyi h~• thi: \Iort~ii~~, not inch~dinK ~wn~ ~?~h•ance~i in accordance hcre~~ith to protect the ~ecurit~• of thi~ ~iort~:~~;e. ~xceMl tl~c ori~inal amount of th~~ ~ot~ plu~ US = 13 , 500 . 00_ . _ . 22. Release. L'pon pi?~•~i~rnt of all ~um~ ~~~cured h}• thi~ \lort~:~Ke. L~rndrr ;hiill mlease thi~ \iort~a~e ~~ithout clzarge to Borro~rer. Borro«er shall pn~ all cost~ t~f recordation, if nn~~. i~v "TITNF.S.S `~~~IEREOF, Borro~rer h:~~ executecl this ~tortg~ge. Si~ied, sealed aind <lelivered in e~resence of : , , _ t ~~~.`-U`~-o ~ . ~ • • - - al1 ~-Qj.~ ~=t~c ' = ~ ~~cl~'c" - - - . _ Lewi s C. Ma t z inger -Borrov~er ~ c.~ ~ , u c c~J ~ ,~t2t,~, ~ (Seal) ~ - - - - - - - Dor i s G. Mat z inger -Borrower DeLeon__ Aqe t-,-- L~ewood_ _ Park---_------- ~ - ~''ort_~ier.~e,__Fla,_ 3~45~-------------------- - - : Property Address i :~z•aT} oF Fi_oxma, Imdi~n River Count~~ ss : I I lierebv cc rtif~• that on this da~•, before~ nie, an ~~ffic•c•r ~lul}~ .?uthorized in tl~e state afor~~s~?icl a~id ; in tlie eount~~ aforesaid to take ackno~~•l~~l~en?e~?ts, pei•,an.ill~- app~~~red I.L'FTIS C. MATZIIV~ER and DORIS G. MATZINGER,his wir~ mc~ kno~vu to he the p~rson(s) deccribed in ancl «~l~o exec•ttted the ~ ~ f~~reroin~ inst.rument. and ackn~~~•le~ig~d hc~for~~ ~ne fhat they c~xe~uted th~ ~am~~ for the piu•p~ti~~ , tiierein ~=Ypressed. ~ ~~'iTx~~.~ m~- ha~~d at~d ~?t~iei.?i .~~.~1 i~? tl~~~ ~•ou~it..• ~ind .t.~t~~ ' r~~. id thi~ ~~>~•L of April _ _ ,19 ~5 . ~ ~ ~ ~ \ir ('ommission expires: - ~ - y~~~ ~~Q.~!~1`~ ~Totar~• Yublic hUTt;~~ pi)L~?.!^ ST~~?f 3 ~ .~'~h at tAP~E FlLEO :h ~ ~C~'RDED ~ MY i:vh~'.5;53~~,r: ,~F z~ U~ t 12 1975 ST. LUC~ ^JNTY fLA. ~ B~tiDEi1 Trf 'U i~~ t ;P~..c r '~f:. . P„y,,: ~':~e7AS L- - ~ ~ ftEF? t ~.,;t" COURT ~ ~ ~rr . _ , :i , ~ APR 8 ~ 33 PN'75 . . - ~ - C . ~b.a - c, _ ~ . 3 ~ ~ ~ i : =x ~ - ` ~ ~ „ j ~ ~ ~ ~ ~ ~ ~ ~ ~ _ , ~ ~ : ~ ' ~A..ZM.~2_~,_~.. i ~ e~ 238 797 ~ ~ ~ L ~ ( ? ~ ~ ~ f i <.I~ `.t / ~ yi` ~ ` " te + ~ ~ ~