Loading...
HomeMy WebLinkAbout0754 ~ 19. boero~re~'i Ri6,6t to Aeiwtata Notwitdsundina Lendet's acceleratioo oE the sums secured by this Mortgagt, Bor- roKec shall have the rigbt to hsve anr praeedings begvn by Lender to enEorce this :~tortgage disconti~ued at any time prior to entry oE a judgme~t entorci~6 thu Mortaage it: (s) Borroaer par Lender all wms which wouid be then due undet tha Mortgage, the Note and noces ~ccuri~g Future Advanoa. if any. had no aaeleration occurred; (b) Borrower nirp all ~ breaches of sny other oovenana or agreecnentt ot Barrower co~tained in thL Morcgage: (c) Borro~ver paYs aA reasonable expensa incurred by Lender in entorcing ~he oovenanu aad agreemeots o[ Botro~rer conuined in thi~ Mortgage and in e~forcing Lendet'a remedia u provided in paraEraph 18 hereof. including. but ~ot limited to. reasonable attoroep'a fea; and (d) Botro~rer taka wch aaion u Le~dpr may tra~orablJr requin w sswre that the lien of this Mortgage, Lender's iaterat i~ the Propertr aad $ormwe~'~ obligatioa to p=y the s~mu ~ecurrd br this Mortgage ~ull oon~inue unimpaired. Upon wch paratat and cure br Borrorvcr, this Mortgage and the obligations seeurcd hereby shall remain in [ull tora and e[fett u if no accelenuoa had oaurred. ~0~. A~nmeat d Rtnt~ Appointment oE Reoetret. As additional aecutitr hereu~det. Borrower hereby assigns w I.ender ehe reats oE the Fm~perer. prorided that Bornower shall. prior to acceleration undef paragraph 18 hereo[ or abando~- ment of the Property. have the right to mllect and retain such renu as they bccome due and payable. Upo~ actektation under paragraph 18 hereof or abandonme~t oE the Propetty, I.ender shall be entitled to have a te- ceiver appoiated br a oourt to enter upon, take poss~ession ot and manag~e the Propertr and to collect the rrnts of the Prop- erty, intluding tha~ past due. All rents rnllected by the receiver shall be applied iirst to papment of the cosu of manage- ment of the 1'ropatr aad collection ot tents. includi~g, but not limittd to, recei~er's tees, premiur~is on receiver s bonds and reasonable attorneJr3 fees. and thtn to the wuu secured by this Mortgage. The receiver shal! be liable to account onir for those rents actualt~ teoeived. ~ Y!. Future Adrsncei. Upor? requac by Borcower. L,eader. ac Lendcr's opcion within twency yran from ehe date of this 1liortgage. auy make Future Advanca to Borrower. Such Futwe Advances. with interest thereon, shall be secuted by this Mortgage ~vhen evide~ced by pmmissory notes staeing that said nota are secured hereby. At no time shall the principal amount ot the indebtednas secured by this 1ltortgage, not intludi~g sums advanced in attord~nct herewith to protett the security ot this Mongage. exceed the otiginal amount oE the Note plus US; Y2. Reka~a Upon payment of all sums secured by this 1?tongage. I.endet shall release ehis 11~ongage wiehout charge to Borro~ret. Borro~ver shall pay all costs of recordation. i[ any. Y3. AttoraeY~ Foea As used in this 1?tortg~ge and in the Note. "attorne~s Ices" shall include attoroey's [ces. iE any. which may be a~vuded bp an appellate ooun. IN WRNESS WHEREOF. Borrowrr has executed this Mortgage. Signed, sealed and delivered in the presence of: J ~ (Seal) ugh A. Turner -D«,~ ~ ~ 1 , ~ ~s~~~ ydia Turner STATE OF FLORIDA, Mar~n County ss: I hereby certify that on this day. before me, an officer duly authotized in the state aforesaid and in the countY aforesaid to take acknowledgeraents, petsonalty appeared Aii[;A A. TURDTER Rnd LYD1A TURNER~ his wife , to me lcnown to be the person (s) described in and who exauted the far~egroing instrument and acknowledged before me that they executed ihe same for the purpose therein expressed. WmvESS my hand and official seal in the countp and state aforesaid this 18th ~ day of Fsbi~uauw , lg~`_ r M -~pires: - ~-~-~.~/J v 1• •~~~I~~ ~ Ya.a. . a ' ~ ~ ~ ` l, ;y • a' ~r ~4m...:..:_.: Ei,,.its Ocf. 4, 1i:iJ L ` ~ f`~ , - ~4 ~1 A+ca.ua Ir~ A Cas~~ ~pyyY _ ~t " ~L, ~ t , ~ •t~ . - . . ~ ! i f i i, ~ :f' ~ t . - ~i~ ~:T',t.~~ .r,-" ,i' ~~i ~J«r~J7ltA~ , , i . . , _ y:~ . : . (SP~ Belaw 'ihts Iine Resernd For i.enda wd Reconirs) I ! ; ?9. 20 Fla. Revenue Scamps Reaived S 105. 60 in payment of tua due on Cancelled on Original Note. Claas "C" Intangible Personal Proprrty pursuant to C6apter 134, I,aws of Florida, Acts of 197I. r~ cAu~ l ~ F:~~ pAf~f I , .