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HomeMy WebLinkAbout0922 18i. Do~ro~'~ Rl6pt co Relnwta Nocwitlutaodin6 Leader't acaleracion ot the iums secured by chis Mongage. Bor- m~rer sAap have the right to have any proactlin~ be~tn by Lender to entora chis Mortgage dixontinued at anr time p~ior co eatrp oE a judg~nent enfonina thls Mortgage i[: (a) Borrorer pari Lender all sumi which ~rould be then due under this Mortga~e. tlre Note and nota securiRa Future Advanaa„ if anJr. had oo acceleration oaurred: (b) Borrower cura aU braches o[ any other ~ovenaaa or aareeaients ot Borrower conuined in thw Mcucgage: (c) Borrower pa~rs all rasonabte expeasa inau~red br Lenda in entorcing the aovenaaa and a~reemenu ot Borrower oontaincd ia tha Mortgage and in en[orcing I.e~de~'s raaedia as providcd in paragcaph 18 htreoE. indu3ing. but not limittd to. reawnabk attoraer"s [ea; at~d (d) Borro~rer ata wch action as Lender may reswrubly reyuire to a~wre th~t the lien of chis Mortgage. I.endeCs tacerest In the Property aad Bormwer's obligation w par the wmt setur~d bp thi~ Mottgage shall oontinue unimpaired. Upon wtb payment aad cure br Borrower, this Morcgage and the obligation: secured hereby shaU rrmain in [ull [oroe and e([ect as iE rro acalerattoa 6ad ooturred 20. Aai~omeat oE Rent~ Appoiata~eat .d Reairet. As additional seturiq he~eunder, Borro~rer hercby auigns to Lender tbe rents oE the Property, provided that Bor~ower shaU, prior to aoalention under pangruph 18 henw[ or abandoti- ment oE the Properqr. have che right to oollect aad reui~ wch re~ts as chey become due and payable.. Upon acceleration under paragnph IS hereot or abandonmeat oE the Properq. I.ender ~aU be entiQed to luve a re- etiver appoiated b~ a court to enter upon. take possession of and manage the Property and to collect the nnts of tht Prop- ertr, i~duding those pa:t due. All rents callected by the receiver shall be applied fint to papme~t o[ the costs oE manage ment of tht Propertr ar~d mllection o[ rents, includi~g. but not limited to. teceiver's [ees, premiums on rectiver's bonds and reasonabk atcorneYs tea. and then co che suau ucured by thia Mortgage. The receiver ahall be liable to acmunt only for those rents aauallr reoeived. ' Yl. ~tnse Ad~anaa. Upon requat by Borm~ver. Lender. at I.ender's option withi~ twenty yean irom the date oE th& Morcgage. may make Futurc Advanca co Borrower. Snch Futuse Advances. ~rith incereu thereon, shall be aecared by this Mortgage rvhen evidenccd br promissory nota su[ing that said nota are secvred hereby. Ac no time ~all the prindpal aaaunt oE the indebtedness secvred by this Mortgage. not inclnding sums advanced in aaordance henwith to protect the aecuritp ot this Mongage. exoeed the origina! amounc oE the Noce,plus USf YY. Relea~a Upon payment of aq sums xcured by this Mortgagc. Le~da shall release this Mortgage rvichouc chuge to Borrorrer. Borrorru ~aU pay all oous oE reoordation. if anJr. 23. Attorne~ts Feea As used in this i?tortgage and in the Note. °attorneys fees" shall i~clude attorner's fees, if any. which may be a~varded br an. appellace ooun. _ IN WITNESS WHEREOF, Borrower has executed this M ge. ~?~'@81~ Signed, sealed an3 delivered , • in the ~rZ~ence of: . ~~l) J M S L. Hi1RLE -D«.~. (Seal) , ~ , REN M. HURLEY SrwtE oF Fi.ox~nw, MARTII~i ~uniy u; I hereby cettify that on this day, before me, an officer duty authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared James R. Callahan & Charlotte Surle allahan 8~ James L. Hurley ac Karen M. , to me known to be the peison (s) described in and y who euecuted the foreg~oing instrument and acknowledged before me that they executed the ' same for the purpose therein expressed. ~ WmvESS my hand and official seal in the county and uate aforesaid this 23~ day of r February ~ lg 77 , :t~~ ~ ikon expires: ~~~~.~++i±?Nrr~ , ;<~~Yt~ a;:;:b~.,-`_: - t~,? x.'~ o~ Fl~ =t ~e - .ti• : t~~~,.:• ~,,e,~.-~ - IIAy Coom~sion Espirrs Oci. 4. 1980 = ~ ~ s . ~ , /v~aM b w.wtc.~ fi~ a t~..Mr Co~wq ° f. N "i~_•t:~ ~ ~ ~ . ~ Y,~~ ; ~ - R,:~ tiC::~_ "~~c~~" . _ :.•~t: a? ~~i~~ ' t~.l3E.:1 G •"s - • ~ , ~ ~ ` : : ~ .'A T.F-.L p . cswa Tei. t3ne nexrvea For Lendec .aa Rsoonfer) s 48. 00 FIa. Revenue Stamps Reaived i 64. 00 ~~~nt of tua due on Cancelled on Original Note. Class "C" Iatangible Peraonal Ptnpcrty pursuant to Chapter 134. I.aws of Florida, Acu oE 1971. Tu~ CoOa.tor ~w ~rC~ PACE . .