HomeMy WebLinkAbout2662 1!~ Doero~ru's Sigkt to 8~tats. Notwi6l~atanding Lendec's accelere~LioA o! the eume gecured by t~hia Mort-
gaQe, Borrower shsll h~tve the righL to have any ~~roce~dings I~egun by 1.esder to entotce this ~liortgage diacon-
tinaed st any ti~ prior to entry of s judgment enforcing thia ~iortgage it: (s) Barrower paye Lendec si! swns
which ~vould be thea due under thia ~tortgage, the Note a~d notrs eecuring Futur~ Advancea, if sny~ had no nocel-
erstioa oacurred; (b) Bore~oMOr curea all breachee ot any other covcn~nta or agreeuient~ of Borrower contained in
this Mortgage; (o) Borrower psya all reasoasbie expeasee ineun+~d by I,ender in enforciag tho covcnanta and -
agceemeata oi Borro~rer coataiaed in thia Mortgage aad in enforcing Lcnder's rcii~ediea ss provided in parsgraph
18 here.wf, including, but not limited to, ressosable attorney's fees; and (d) Borrower takca eucl~ action as I.ender
may reaeonably reyuire to asa~tre that the liea ot thi~ ;liortgage, I.cnder's interest in the Property and Borrower'g
oblig,ation to ~y the awns aecured by thie ?4iortgage s!?all contiaue unimpaireci. Upan such payment and cure by
BoirowPar, this Mortgage and tho obligatiot~s secureci i~e~ei,y shalt remain in futl force and ef~ect as ii ~o accelera-
tion hnd occnrred. -
30. ~nt o! A~ah: Appoiutmast ot 8~wi~r~t. As additional security hereunder, Borrower I~ereby .
assigus to Lender the renta o[ the Pmperty, ~mvideci that Borrower al~All. prior fo acceleration uader parsgraph
18 hereof or alaandonment of the Pmperty, have the right to collect aad retain-aueh rents as they become due ~?nd
~yeble. -
' Upon acceleration under parap~raph 18 hereof or abandonment of the Property~ I.ender ahsli be entitled to
have a receiver appointed by a court to enter upon. take ~oeaession of an~t manage the Property and to collect ~e
rents of the Property, including those past due. AU rents collected by the receiver sha11 l~e applied Srst to paytnent
of the co~ts of management of the Pmperty.and collcction of rents, including, I~ut not limited to, receiver'a fees,
premi~ms on receiver's bonds and reasonable Attorney's fees, and then to the sums securecl bp this ?4lortgaqe. The
receiver shall be liebte to aecount only for those rents aetually received.
41. Fut~u~ Ad~aaca. Upon sequest Uy Borrower~ I.ender, at I.ender's option within twenty years irom the
date of this \iortgage, may malt~ Future Advances to Borrop er. Such Future Advances, with intcrest thereon, shal[
be secured by this Mottgage when evidenced by rromissory notes stating that said notes are secuted hereby. At no
time sha11 the principal amount of the indebtedness secureci by this Mortgage. not including sams advsnced in
accordance herewith to pmtect t~he sccnrity of this ~iortgage, exceed the original amount of the Note plus
~ ~-~~l-~~S4oJ1Xo~_~__. '
~ 2Z. 8el~ase. Upon payment of atl sums secured by this ~iortgage, I.ender bhall release this ?1To
c to Borrower. Borrower shall . ~6a6e ~out•
\ harge ~ay all costs ~f recordation, if any.
~i Ix WrrxBSS WxESSOF, Borrower has eaecuted this Mortgage. : ~
•
Sig?ued! sealed d deliveted ~ -
3outheastern District v~~~~is ,~~st~.a~~
in the p e f: and ie ona Al i •s,
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Diatr ct Secret.a - -
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~6Q6 _ Yosemite...S~
~ . Ft. Piercel_
Florida
. ~M~Y .
STATE OF1~8~ Floridal----------- Orange- - Connty ss : -
I herebp certify tl~at on this day, before me, an officer dnl~ antl~orized in the st~aforesatd.aud
in the county aforesaid to take acknowledg~ements, personally appeared ____._Psul_ :~ltlfdtd__..
:,~x.~___
,
to me known to be the person(s) described in.~dn~4ivhi~;e~vited:t~~e
foregoing instrnment and acknowledged before me tbat _.___h.e_ . executed tl~`,~t?~n~~f rt e. s~
. . .
therein expressed. ~ ' ~
~~a : 4it-.•.I ~L:._ :.Y.'.
'S'Vrrxsss mv uand and official seal in tl~e countv ~nd state aforesaid tl~s~_~~ ..~___~.;d~+: of
~
, . .
ust ,19~__Z~_.,-- = ~ c~! t~:
c • ? =
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Mv Commisaion expire$. 1 . ------~------M - ~ -
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a.; ' ~otRry ~11C . , .
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L:~rsi:G b7 ~•n•cr•.~.• i.ri G C:r•..~_'i~ Cw '
State of~~~T_,,, County ss:
~ I hereby certify that on t is day, before me, an~officer duly
suthorized in the state aforesaid and in the county aforg~aid to
take acknowledge~ente peraonally appeared L1 ~Av~o ~1A~fqh ,
to me known to be the peraofl(8) 8escribed in and who executed the
foregoing instrument and acknowledqed before me that~,~executed
the same for the purpoee therein expresoed. k~:~~`='~`
WITN S my hand and official seal in th co i~"''~~ ~
ut~~„~;=~t.e aforesaid
thia da of , 19~. o'~..:.... ,.~S>,~,_,
y ~
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%s'. ~ ` 1. "
My Co~amisaion g]~pireg:
fIlEO AKU RECpRDED ~ : : ' ° ' ~ /
!T. LUC~F COUMTY iLA. ~3~~ ' -
ac~t~ Pa~7e~s v < ~ .
CiE~K :;r'.ZtriiT C4URT
~CL`fjfZ~ ::FiL~~r~~r + M COR»la rJ •i~
lJ.~ •~~ea
~ f~~ , ~.47...~~ IRi-2M.3.74-YM
~ B~~K~42 ~~~664
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