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HomeMy WebLinkAbout0901 ~ prior t~ entry of a judgment entorcing this 1Wo~tgagc if: (a) Borruwer pays T.cnder all sums which wo~ld be thcn duc unde~ this Atu~tgase, the i~otc and notcs securing Futurc Advances. it any. had no accekration occurrcd: (b) Bo~rowrr curp all brcaches of any othc~ co~'cnants o~ agnements ot Borrowe~ contained in this Morigage; (c) Borrowe~ pays ail rcawnable expensa incurred by Lende~ in enforcina the coveoa~ts and agrcements of Borrowe~ cont~ined in this Mo~tgage and in enforcina Lender's ~cmedies as proviJed in pangraph 18 hereaf. including. but not limited to. reasonabk attarncy's tees: and ~ (d) Bonowe~ taka such ac~ion as I.ende~ may ~easonably require to auure that the lien oi this Moitgaga. Lcnder's interest in the P~operty and Borcower's obligation to pay the sums xcurcd by this Mortgage ahall continue unimpaired. Upon such payment and cu~e by Bonowe~. this Atortgage a~d the obligations secu~ed hereby shall remain in tull force and efTect as if no accekration had occumd. 20. Assi~nment of Rent~ AppoiMmeat ot Receiver. As additional security hereu~der~ Borrower hereby assi$ns to Lende~ the nnts of the Property. provided that Borrowe~ shall, prior to ~cceleration unde~ psrag~aph 18 hereof or abandon- ment of the Tr~pen~. have the right to collect and retain such rents u they become due and payabk. Upon acceleration under paragraph 18 hereof or abandonment ot the Property. Lender shall be eetitlod to have ~ receive~ appointed by a court to e~ter upon. take possession of and manage the Propeny and to colkct the rcnts of the Propeny. including thou past due. All rcnts collccted by the receivc~ shall be applied fint to payme~t of the coats of management oi the Ptoperty and collection of rents. including. but not limited to. receive~'s tees. premiums on receiver's bonds and reasonable attotnay's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. 21. .F~ture Ad~-ances. Upon requat by Borrower. Lender. at I.endcr's option within twenty ycars fmm the datc of this Mortgage. may make Future Ad~~ances to Horrowcr. Such Future Advances~ with interat ~hereon~ shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amouot of the indebtedness securcd by this Mortgage~ nat including sums advanced in accordance herewith to protect the seturity of this Mortgage. excad the original amount o[ the Note plus USS. ...-0- . 22. Releue. Upoa paymeat of all sums secured by t6is Mortgage. Lender shall rekase this Mortgage without chuge to Borrower. BorroWer sha11 pay all casts of reoordation, if any. 23. Attorney's Fees. As uxd in this Mongage and in the Note. "attorney's fces" shatl includc attomey's fees. if any. which may be awuded by an appellate court. IN WITIVESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence uf: ..Q.~ ........(Seal) . Yge' V -earo,ve~ . ........($C~~ ~LorrSin La~ne -so.~o+~ $TATE OF FLORIDA, . . . . . . . . . .St: . ~C~er . . . . . . . . . . . . . . . . . . . .COUtlty SS: : I hereby certify that on this day. before me, an otficer dul authoriud in the state aforesaid an~w 44~ty :=t afo aid to take acknowledgements, personally appeared. . . ~rge ,I~ane, ~1Yd ,I~q~~; ~,~;~y ~ ,~is wife. ~ to me known to be the person(s) described ip• : ~e~=. foregoing instrument and acknowtedgcd before me that. th~Y. ......executed the same #o~ 1~r~ • k~ - , c : j expressed. - ~ ~ . . .s Q : j i _ , ~ W ~ , t• : 4 = ; Wtrrt~ss my hand and official seal in thg county and state aforesaid this. 3 r i ~ ~ . . .~tember . . . . . . . . . . . . . . . . . . 19. i6 . ' - Q ~ ~ ~~E:O~~. My Commission expires: !,,,',,"•n~~n,n,,,,` t f r~ / e ' . . . t [$ean i~ . . . . . . . . . . . . ary . .o~ie. . . . . . . . . . . . . . . . . . . NdTARY PUBI~ STATE OF ftORIDA tt ~ : 'YY COYMISSjO,: ExPtRES NOYfYBER 1~ 1 ~ 60N~0 iii~U ~EN~RAL 111SUAAtICE_1ENOE~IIE~ I~I (Spsce BNow TAis Line Rturved Fw lender and Recorde~ ~ boo~~5? P~ 897