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HomeMy WebLinkAbout0781 F ~ i ~ 1!. S~row~r's Aiqht to A~iasiat~. Notwitl~etanding I.ender's acceleration ot the sun~s secured by this hiort- ~ gage, Bormwer ahall have ti~o right to have unx ~~roceeclinga I~e~u~ I~y I.ender to enfo~ce tl~ia ~iortgage discon- ~ tinued at any tia~e prior to cntry of a judgment entorcing ti~is ~~lortgage it: Ia) Borrower pays Lender all sums ~ wtuch would be then due under this ~tortgage, tl~c l~ote an~1 notes aecuMng Futurc Advances, if any, had no accel- ~ eration occurred; (b) Borrower cures all breaches of any other covenantx or agreeuients of Borrower contained in thia Mortgage; (c) Borrower pays all reasonable expei~ses incurred by I.ender in enforcing the covensnts and agreements of Borrower contained in this l~iortgage and in enfoninR I.ender's ren~edies as provideci in ~ragraph 18 hereof, including~ but Aot limited to, reasonable attomey's fees; anci (cl) Borroaer takcs sucl~ action as Lender may reasonably require to Rssure that the lien of ihis ~iortgage. l.c~der g interest in tl~e Pro~~crty and Bormwer's obligation to pay the sums secureci by this ~tortgage sl?all continue unin~paired. Upon such payme~t and curc by Borrower, this 3iortgage and the obligations secutt~i I~erel~y sl~all reroain in full force and ef~ect as it no accelera- tion had cecurred. ~ ZQ Asdgaa~ent of Aenb; Appoiatmsat of R~ceivsr. ndditional security hemunder, Rorrow•er hereby ~ asaigas to Lender the rents~ot the PropeKy, pro~•ided that Borrower shall, prior to acceleration under paraRrnph 18 hereof or abandonment of the Pmperty, l~a~~c tlic riRht to collect and mtain ~ucli rents a.a they l~ecome due and payable. - ' Upon acceleration under paragrapl~ l8 hereof or abandonment of tl~e Property, I.e~der shalt be entitled to have a receiver appoint,ed by a court to enter upon, tatte po~session of and manage the Property and to collect the rents of the Propert_y, including those past duc. All mnts coliecteci b~ thc recei~er shall I~c applied first to payment of the coat8 of management of the Pmperty and collection of rents, including, I~ut not limited to, receiver's fees, premiums on receiver's bonds and reasonable_attorney's fees, and then to-the sams secureci bv this ~~ortgaqe. The receiver ahall be liable to account only for those rents actuall~ received. Zl. Future Ad~anc~s. Upon request by BorroW er, I.ender, at I.ender's option a ithin twenty years from the date of this ~lortgage, may make Future ~dvances to Borro~~ er. Such Future Advances, with intemst thereon, shall be secured by this ~Iortgage when e~~idencc~i by promicsory notes stating that said notes are secureci hereby. At no time shall the principal amount of the indebtednc~s secu~ ln~ this ~'Iort~t~e. not includinR sums advancecl in accordance herewith to protect the security ot this ~Iortgagc, exceeci thc original amount of thc Note plus us ~tat2on.~m---- 8'l. Releaee. Upon payment of all sums secured Uy this \iortgage, T.ender shall relexse this lsort~~without. charge to Borrower. Borrower shall pay all costs of recordation, if any. _ . IN WITNB,SS ~VHBREOF~ Borrower has executed this biortgage. ~ ; E ' ~ ~.:~:p a- : . ~ v4i `w^~~ a ' Southeastern Distr-i~~ -RsAs~'~~'tiristian ~ Signed, sealed and-delivered _ . _ in tbe p s~ac~f : and Mission x ;~iti4~c~i , - - , ` ~ ~ - ~ _ ~ ~ . 1 ~ - ---~--~=t:, ~c~r. . ~ ~~e` - - - - D' stri Su c . , - - - - - - - 11 DiBtriCt S ~tary` =~Rer J . ~__o_§__YQ~~mi~.e__~nnrt____G~_j ~~~i~ Y`~~. ~ ~ a~ cu p cou~t F~.__P~.sr~e,---Florida____ ~ • ProPe*tY Addre~ IL~,e.GC STATE OF ~A~ 'r~- •----------~u .J -~~.e--- ?~(~iOUIlty S$ : 12 PH'~ I hereby certifp tl~at on this dav, before me, an oflScer duh authorized 'n t e state afo?~esaid and in the count~~ aforesaid to take scknowledge~nents, personallti appeared ~,'iUi ~~r/4- ~IDf'XIJ , to me known to be the person(s) described in and who execu~ the - foregoing instrument and acknov~ledged Uefore me that .~1G' xexecuted the same for the pu~pose tlierein expressed. . ~ • ~ ~ = _ ' ' ~ ~~'rrx m~ Land aud official seAl in tl~e count~~ ~~iid st:ite aforesaid this ___a aZr~~ ~~_1!!'~~~r;bf - . . . , ~ x ~ • : u-1_h.~---------------------------- ----,19 _r11------------• ~ . _ - 4 y' i /Ja1~y ~1iiG C,eor~s, Staf~ sf LarQi C~ ~ F : : My Comm~ssion eapire$: A~y, to.~:~ E~ w.a. 2i.19» - - ----~[•l'Z!"-!!l~~--- - -Q.Gt.~! ~ ;~c . ~ ~ Notary Publ~g :=c $ Er~~ ~ ~ ; _ ' State of F~~r;da ; CJ~a n~ e '`County ss: • ~ - ~ I hereby certify that on this day,before me, an officer duly authorized ~ in the state aforesaid~ d in th county aforesaid to take acknowledqements ~ personally appeared t'u 4/ L. ~/~'o~.~ to me knawn to be the person(s) described in and who executed the foregoing instrument and acknawle3ged before me that ~e "executed the same for the purpose therein expressed. WITNESS my hand and official s~"~''.~the county and state aforesaid this _Q? y~~ '`day of .~4~ x~~ , : ' . - • , ' ~ c ' ` , ~ ~ L'.:~ . ~ U r, ',7. ; My Commission expirea: ~~17 = . J ~f s ; ~ ~ ; ~ =C..~lC-ar~Z.C.~s~C.~,_ . ~ ' ' k ~ tto`a.ry Pi.LL'c. !:~te e! !t::!~: e2 Iar~: ~ T " ' - , ' ^ : f x /i~ Ccca... .:'tn :z-:r:s A~ 15~? ~ ~ ~Ota~ p~;Y ~ ` ' ` ' = _ ~ L'Cn~_~ i,~ 1..~:r~:.:n ~:r~ ~ Ca:u_:ty r4. . ' ~r. ~ v~ ~ . (se~1)_:;.~•f ~ . _ ~ iR~-ar-s-~s-vsv ~ ~ ~ 782 ~ . 800K~4~ PACE ~ +~z W % r~ ; - , .~K ' ~ ~ ~~~ssx' r „~ez.c=..,~ ' _ _ .-..~~~~~~sx'? . i _ _