HomeMy WebLinkAbout0217 . _ ~
prior to entry of a juSiynent enforcin~ this Mortgsge i~~ (a) Borrowe~ pays Lcnde~ all sums which wouid be then due u~de~ :
this Mo~tgages. the Note a~d nota securine Futuoe Advances. if any. had no acceie~tion occurred; (b) Botrower cures ~
al! bn:aches oI anr other eovenants or ajrceme~ts of Borrowe~ cuntained in this Mottgage; (c) Borcower pays all reasonaMe
expensa incuna! by I.ender in entorciog the covcnants aod a~rcements ot Bo~ower coatained in this I~tortgage and in ~
enlorcing l.ende~~ remedia u provided in paragcsph 18 heoeof. ioclud~ng~ but not limited to. reason~ble attomey~: tees: aod ~
(d) Bo~rov~u tskw wch action as I.oade~ may rcasonably rcyuire to ~usure that the lien ot this Mortgagee. l.ender's interest
in the Property aad Borrower's obligatioo to p~y the wms seeurod br this Mo~tgage :hall continue uaimpaired. Upon such
paymeot and cure.by Borrower, this Mortgaje anci the obli~ations securod henbp shall remain in full force and etfect u if
ao accelentioo had occumd • ' -
20. Assi~aseat ot Rewtr AppoiataaeN ot Racelv~r. As additional security hereunder, Bomower hercby assigns to
Leade~ the t~eats ot the Propeny. pmvided thst Borrowe~ ahall, prior to aocekration unde~ paragnph 18 hereof ar abandoa-
ment of the Pe~operty. have the right to oollect and retain such rcnt~ ss thay beconK dua a~d payabk. ~
Upoo acceleration under puagr~ph 18 heroof or aba~donment of the Property, l~ende~ shap~ ba eetided to have a
roceiver appointed by a court to eater upon. take possession of and nunaga the Property and to ;collect the rents of the
Property. including those pzst due. Alt rents collected by the receivec shall be sppliai first to Payment of the costs of -
mana~emeot of the Property and oollection ot rents, includin& but not limited to. rorxiver's tees. premi:?ms oe roceiver's
. bor~ds a~d reason~?bk atwrney~ fas. and tt~ea to the swns secured by th~ Mortgage. 'i1~e eeceive~ shall be liable to account
only for those renb actually roceived.
2l. Frtnre Ad~aNCa. Upon roquest by Bo~rowe~. Leade~. at Leader's option within twenty years from the date of this
Mottgage. may make FLture Advances to Bormwer. Slrch F1uuro Advances. with interat theroon, shall be secure~ 6y this
Mortgage when evidenoed by promiswry notes statiag that said notes are secured hercby. At no time shsll tl~e .principal
amouat of the indebtedness secured by this Mortaaga. not icrcluding sums advaaced in accordance herowith W protect t1~e _
security of this Mortga~e, exoeed the originat ~mouat of the Note plw USt. . . . r.0- . . . . . . . . . . . . . -
Z2. Reiea~a Upoa paya~eat of all sums secured by this Morta~ge. Lender ahall release this Mortgagtr without cJiac~e
to Bomowe~. Bort~owec shall p~y all costs of recordatioo. if aoy. :
23. Attone~r's F~er. As used ia this Mottgsge and in thc Note. "attomey's fees" shall include attorney's fees. if any. -
which may be swuded by ~n appellate court.
IN W17'NES.S WHEAEOF, Bomower has exocuted this Mortga~e. -
Signed, sealed aad ddivered . , . , - .
in the prae~e of: ~
. . ~ : . . . ~?11',~`!u . . . . . . . . . . . . . .(Sea1) .
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STATE OF FLOItIDA. . . . . . . T . ~~l~R~t~. . . . . . . . . . . . COliflty/ SS:
I itereby certity tbat oa this day. before me. an offiar duly authoriud ia the scate aforesaid and in tbe connty
aforesaid to take scknowledgements~ personally appeared . . . . ~~H . L.. $~K~?~ . ~d. ARI~ . SOK01~Is .
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. . . . . . . . . . . . . . . . . . . . . . . . . to me kaown to be the person(s) descn'bad in aad who executod t6e
foregoing inswment aad acknowledged beEQre me that, . X~Y• .......exocutai the same far the purpose therein
exPnssed• - ;
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w,rr[~s.~n3? ha,~a-ana o~icisl seat in the councy ana state aforesaia chis. ~~4.~... .......aay.o~u i
~ . . . . . . . . . . . . . . . . . . . . . s .,19 76 . . , _ -
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