HomeMy WebLinkAbout0588 prior ~o entry of a ~udgment en(orcing th~s Mortgagc if ~ 1 a 1 Borrower pays Lende~ all sum~ whrch would be then due under
~his Mortgage, ~he Note and notes xcu;ing Future Advanca, if any, had no accelera~ion occur~ed; (b) Borrower cura
all breaches of any otAer cove~ants or agreements of Borrow•e~ caotained in this Mortgage; (c) Borrower pays all reasonable
expensa incurred by i.erider io eriforcing ~he covenants and agreements Qt Borrower contained in this Mortgage and in
enforcing l.c~dtr's remedies as provided in pa~ag~aph 18 hereof, including, but not limited to, rcasonable attorney's tea; and
(d) Bo~rower ~akes such action as l.e~der may reasunably reyuire to assure that the lien ot this Mongage, Lender's interat
in the Property and Barrower's obligation to pay the sums ucured by this Mortgage shalt conti~ue unimpairsd. Upo~ such
~+.+yment and curc by Borrower, this Mortgage and the obligations secured hereby shall rcmain in tull [orce and effect u iI
no accelcration had occurrcd.
20. Assl~nment ot Reat~ AppoiMmeat of Receive~. As additional securi~y hercunder, Borrower hereby assigns to
I.ender the rcnts of the Propeny, provided that B~ircowet shall. prior to acceleration under para~raph 18 hercof or abandon-
m~nt af thc Propetty, have the right to colleci and ~Nain such renis as they berome due and payabk. i
~ Upon acceleration u~der pa~agraph 18 hercot or aba~donment of the Property, t.ende~ shall be entitled to have a
~ receiver appointed by a coun to enter upon, take possession of and manage the Property and to collect the rents of ihe
Property, including thcxc pas~ due. All rents collxted by the receiver shall be applicd first to payment of the costs ot
~ management of the Propeny and collection of rcnts, including, but not limited to, receiver's fees, prcmiums on receiver's
bonds and rcasonable attorney's fces, and then to the sums secured by this Mortgage. The rtceiver shall be liaMe to account
only tor ~hose rents actually receivcd.
M 21. Feture Advaecea, Upon rcquest by Borrower, Lender, at l.ender
s option w~thin twenty yean from the date of this
~ Mortgage, may make Future Advar?ca to Borrower. Such Future Advanca, ~ith interat thercan. sha!! be tesured by this
~ Mortgage when evidenced by promissory nota slating that said notes are secured hereby. At no time shall the principa!
amount ot the indebtedntss sccurod by ihis Mortgage, not including sums advanced in accordance herewith to protect the
security ot this Mortgage, excoed the original amount of the Note plus USi. .1~,_500.A0.
22. Release. Upon payment ot all sums secured by this Mortgage. Lender shall relesse this Mortgage without chu~e
`-1b ~ to Borrower. Borrower shall pay all costs of recordadon, ~f any.
23. Attorney's Fees. As uxd in this Mortgage and ~n the Note, "attorney's fees" shall include attorney's fees, if any.
which may be awarded by an appellate coun.
IN WITNESS WHEREOF, Borrower has cxecuted this Mortgage.
Signed, sealed and delivcred
~ in the presence of:
,
~ .~~C . , ~ . . .
.
. . . (Seai)
' RiObC~'t N. I~i~l, J --so..aw.
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STATE OF FLORIDA~ . . . . . . . .~V~'~ . . . . . . . . . . . . . . . . . . .COUIIIy SS:
1 hereby cenify that on this day. before me, an officer dul authorized in the state aforesaid and in the connty
~ aforesaid to take acknowledgements, personally appeared ld.. I~3~~, . J~.. ~ttlt .Iiebel„
• • • • • • •his• !"!i~e • - • • - - • • • . . . . . . . . . to me known to b~: the pcrson(s) described in and who executed the
A foregoing instrument and acknowledged beforc me that ....tb~y. ~xecuted the same for the purpose thercin
~ eapressed.
WirtrESS my hand and ofTicial seal in the county and state aforesaid this. . . . .18~ . . . . . . . . . . . . . .day of
. . . . . . . . . . . .HOV~F . . . . . . . . . . , 19 . 76. . . .
My Com~fyl,tl~n e ~~~es: • . . 7 .
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' Ndsry Public
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