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pnor to entry ut a ~udgmrnt rnCurcing th~s !~l.~rtgage i(: ~:~1 Sormwer pay~ Lender ali suuis which would be then due under
:his Mortgage, ~ht Note anJ notes tircut~ng Future Advances, it any, had no accelerat~on occurred: (bl Bortower cures
ill breaches of any uther covenants ar agreements of Be~rtc~wrr cuntaineci m thi~ Mongage: Ic? Burrower pays all reasonable
~xpenses irx:u~red by LenJer in enforcing tlK cuvenants :?nd agrrements of Borrower contained ~n this Mongage aod in
^nforcing I.endtr's remeJies as p~ovided in paragrAph I R hereof, mclud~ng, but not limited to, reasonable attomey's tees: a~d
1 d) 8u~rowcr takes such action as l.ender may reasonably reywrc to assurc that the Len of this Mortgage, Lender's i~terest
~n the Proptrty and Botrow•er's obligation to pay ~he ~ums secu~ed by this hfortgage shall co~tinue unimpaircd. Upon such
p,~yment and curc h~ B:~rrowe~. this !~tongage and the obl~gations secored hereby shall remain in full lorce and eftect as it
no accekration had occu~rai. '
20. Assi~nmenl of Re~ta; Appuinlment ot Receivtr. Ac additiunal xcuriry hercunder, Burrower hereby assig~s to ~
l rnder the rents of ~he Pruperty, provided tha~ Bc?rrower shall, p~ior to acceleration under pa~agnph 18 hereof or abando~-
m~nt of the Pmperty, have the nght to coliect and rttain such rems as they become due and payabk.
Upc~~ acceleration under paragraph 18 hereof or abandonment of the Propetty, l,ende~ shall be entitted to have a
roceiver ap{k~~nted by a court to enter upon, take poss~ssion of and manage the Property and to collect the rents of the
Property, including those past due_ All re~ts collected by the receiver shall he applied 6rst to payment of the costs of
managem~nt of the Pmperty and collection of rcnts, including, but not ~iniited to, receiver's tees, premiums on receiver's
bonds and reasonable atturney's fees. and Ihen to the sums se:ured hy~ this Mungage. The receiver shall be liable to account
only to~ ~hose rents actually rcceivtci.
21. Fnture Ad~ancts. lipon requesi by Borrower, t_ender, at !_ender's opt~an within twenty ytars from the date of this
1~tortgage, may make Fuwre Advances to Borrower. Such Fuwre Advances, with mterest thereon, shall be secured by this
Wurtgage whcn evidenced by prom~ssc~ry notes stating that said notes are secured hereby. At ~o time shall the principal -
amount of the ~ndehtedness secured by this Mortgage, not mcluding wms advanc d in accordance herew~th to protect ihe
secunty o[ this Nortg:~ge, exceed the originalz.~mount of the Note plus USS- . •~~,Q~O. QQ . . . . . . . . . . .
22. Rekase. Upon payment ot all sums aecured by th~s Mortgage, Lender shall rekase this Mongage without chuge
;o Bonower. Borrower shall pay all costs of recordat~an. ~f any.
23. Atforeey's Fees. As used in this Mongage and in the Note. "attorney's f~es" shall mclude attorney's fces, if any.
v?~hich may be awarded by an appeliete couct.
TN WITNESS WNERFOF, BOiiOWCf f115 ;.xrruted this ~tortgagc.
~igned, sealed and delivered
in the D nce of:
_ ~ . . . . . . . . - ~ - - • - - . . . . . ~lll~i /Gt . . . . . ~ . . . . . . . (Seal)
,
~ _ ames A. Northrup r~ -eoro"'~'
.
1~ 1 . . . . . . . . ! ~~Z:~'-L- - . . . . . . . . ~ . /l-- - . . . . . . . . . . . . . (Sea}~
- Beverl Northrup,
hy~fe --eo.?a»..
\4 ~
; ~ .°,TATE OF FLORIDA . . . . . . . . . . . . . J nd.i.an .R iver. . _ . . . . . . . . _ . . .councy ss:
, ,
ti 1 hereby certify that on this day, beforc m~, an officer duly authurized in thc state aforesaid and in the county
aforesaid to take acknowledgements. pcrsonally appeared. .~1.d~S.A.. l~lor.tbcup. and .4everly. .Noethr~up
.his. ~ci.f.e--r--r-~---~---'r.-'-'~-' to me known to bc- the p~:rson(s) described in and who executed the
' ' foregoing instrument and acknowledged beforc me that t.hey ......rxecuted the same for the purpose therein
'j ~ ~apressed. -
.
j
~ WiTNESS my hand and official seal in the county and state 3foresaid ti~is. . _ . . . .?Sth . . . . . . . . . . . . .~y of
E ` April , 19. 7.7....
~
~ y_ vty Comrnission ::apires: ~
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