HomeMy WebLinkAbout0524 prior to entry of a jud~ment eaforcing this Mortgage if: (a) aortower pays t.ender all sums which would be the~ due under
this Mortgage, tAe Note and notes xcuring Future Advances, if any. had ~to accelention occurred; (b) Borrower cures
all breacha ot an3 other covenants or agreements of Bor~ower cootained in this Mort~age; (c) Borrawer payn all reasonable '
expet~ses incurred by Leader in epforcing the rnvenagts and agceement~ ot Bomower contained in this Mortgage and in '
enforcing Leader's remedia aa provided in paragraph 18 hercof. including, but not limitsd to. reas~nable attorney's fas; and ;
(d) Borrower taka such action as Gender may rcasonably require to usure that the lien of this Mortgage. Lender's interest ~
in the Property at~d Borrowe~'a obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon auch ;
payment and cure by Borrower. tbis Mortgage and tt~e obligations ucuted hereby shall remain in full force and effect u if ;
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no accekratan had occurred.
20. Mti~aaeit ot Reab; Appolntmeal ot Receive~. As additiooal security hercunder. Borrower hereby assigns to :
I.ender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon• j
ment of the Property, have the right to collect and cetain such renu as (6ey become due and payabk.
Upon accekradon under paragnph 18 heteot or abandonment of the Propecty. Lender shall be entitltd to have a ~
rcceiver appointod by a court to enter upon, take pcusessio~ of a~d manage the Property and to collect the rcnts of the =
property. including tl~ose past due. All rcnu co:lxted by the receiver shall be appliod 6rst to payment of the costs of ~
ma~agement of the Property and collection of reots, including, bu~ not limited to, receiver's fee.s. pnmiums on roceiver's ~
bonds a~ed rcasonabk attorney's fees, and then to the sums securai by this Mortgage. The receiver shall be liable to account
only tor those rtnb actually received. `
21. Frtrn Adrarces. Upon request by Borrower, l.ender. at Lender's option,within twenty ytars from the date of this
[?lortgage. may ofalce Futwe Advances to Borrower. Such Future Advances, with interest thereon, shall be sesured by this t
Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the priz?cipal ~
amouat of tt~e indebtednas secured by this Mortgage. ~iot including sums adva~' m aocordance herewith to protect the ~
security of this Mortgage. exoxd the original amount of the Note plus USS. . . • • • • • • • • - - - • • • • • • • • • • ~
2i Relwe. UpQn payraent of all swns socurod by this Mo~tgagc. Lender shall rekase this Mortgage without charge
to Borrower. Borrower shall pay all costs of rceordation. if any. ~
23. Altoreey's Feea. As used in this Mortgage and in !he Note. "attorney's fees" shall include attorney's fees, if any, ;
which may be awarded by an appellate rnurt.
TN ~11~tTNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in tbe Dreseece of:
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7~/ ~ !Y~'L~.4-fj : ~~~!~l~~: ~ . . . ~ . . . . . . (Se81)
,t .~~~..:~::.~~'•~`=h .
RICHARD H. BEAGLE -eono~.?
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. 1 ~:r.~ ctc'ct/..7~!~.. '..............(Seal) ;
REB CCA ~BEAGLE ~G~f~
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$TATE OF FLORIDA . . . . . . . . . . . . . :6~
i. f"`'~~~r. . . . . . . . . . .COUlltjl 53: i
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I hereby certify that on this day, before me, an officer dul authorized ~e State oresaid in t county ~
aforesaid to take acknowledgements, personally appeared. RI~HARD. H.. B~AGLE. an~ REBE~BEA~,. s
his wife to me known W be the person(s) described in and who executed the ~
foregoing instrument and acknowledged before me t6at they executed the same for the purpose therein ~
' eapressed. k
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' WtTrtESS my hand and o~cial seal in the county and state aforesaid this . . . . . . ~ . . . . . . . . . . . day of
~ . . . . . . . . Dece~ber . . . . . . . . . . . . . ~ 19 75 . . _
~ My Commission expues: , ~ -~T ~-~1,
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~ALE t. ~WtM~OR.
: ,a MF
NOTARY PUBIIC STATE OF RORIDA AT UR6E
Q~~•.. NOTARY.. s~y'. MI/ OOYMISSION DIPIR£S A{ARCH 31. 1978. ~
. : ; PUBLIC ~ Vo!~o~a .~o t~o.~v~c~:~~~~ ~-~:.c:. ~ i~~/?1tSaV
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(Spsoe BNow This LiM Res~vW For Leod~r +nd R~ooraeh
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