HomeMy WebLinkAbout0782 prior to entry of a judgment eoforcing this Mongage if: la) Bor~awe~ pays l.enJer all sums which would be then due under
Ihis Mortgage, the.Note ar~d ~otes securing Future Advances, it a~y, had no acceleralion occurred: (b) Borrower cura
all breaches of any other rnvenants or agreements ot Borrowe~ contained in this Mortgage: (c) Borrower pays all reasonable
expenses i~curred by Leader in entorcing the covenants and agrcements of Borrower contained in this Mon~age and in
enforcing l.ender's remedia as provided in paragraph 18 hereof, including, but ~ot limited to. reuonable attomey's feea: and
(d) Bo~rower taka such ution ai Lender may reasonably rcquire to assure that the lien of this Mortgaae. l.ender's iaterest
in the Propeny and Borrower's obligation to pay ~he sums ucurcd by this Mortgage shall continue unimpaired. Upon such
payment aod curc by Bortower~ this Mortgage and the obligations sceure~ hercby shall rcmain in full torce and eBect as if
0o aocekration had occurred.
20• Asr~i~weM of Re~ Applotmeat ot Receirer. As additional security hercunder. Borrower hereby assig~s to
Lender the ~ots of the Property, provided that Borrower shall, prior to accele~ation under paragraph 18 hereof or abandon-
ment ot the Property, have the right to collect and retain such re~~ st tbey become due and paysbk.
Upon acctleratio~ under pa~agraph 18 heroof o~ abandonme~t of the PropeRy. Lende~ shall be entitkd to have a
roceiver appointed by a oourt to enter upon. take possession of and managt the Property and to collect the rents of the
Propeny, including thoae put due. All rcnts collectai by the rcceiver shall be applied first 1o payment of the coats of
management of the Property and collection of rcnts, including, but not limited to; roceiver's fees. premiums on rcceiver's
bonds and reasonabk attorney's fea, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only [or tho6e renb actually ~cceivod,
21. F~t~e Ad~ascer. Upon request by Borrqwer, Lender, at I.ender's option within twenry yean from the date of this
Mongage. may make Future Advancas to Bornower. Such Future Advances, with interest therco~. shall be secured by tbis
Mortgage when evideacod by promissory nota stating that said notes arc secured hercby. At no time shall the ptincipol
amount of the indebtedness secured by this Mortgage, not including sums advanoed in accordance herewith to protoct the
security of this Mortgage. excoed the original amount of the Note plus USS.
12. Reka~e. Upan paymeat of all sums secured by this Mortgage. l.ender shall rckase this Mortgage without charge
to Bomower. Borrower shall Qay all caats of recordation. it any.
23. Attorwey's Reea. As t~sed in this Mongage and in the Note, "attorney's fces" shall irtclude attorney's fces. if my,
which may be awudod by an appellate court.
~N WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and deGvcred ~
in the presence of:
.
.
.~t.
..~.n.a~.1~:1~. Qs~.A: . . . . . . . . . . . ~ - . . . . . . . . . . . . . . . . . . . . . . . .cs~,
. /ohn Permett -~aw.
e~
. . . . . . ~ . . . . . . . . . . . . . . . . . . . . . ! . . . . , . . . . . . . . . . . . . . . . . . . . . . (Seal)
Helen A. ~~rennett -e«~«
ST. WCIE
STATE OF FLORIDA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Co11I1ty SS:
I hereby certify that on this day, before mc, an officer du!y autho~iud in the state aforesaid and in the oounty
afo~said t take ac~nowledgements, pe~sonally appeared. .John A., ,Pennett and,Helei} At .~g~ett,
his wi~e •
. to me known to be the person(s) described in and who eaecuted the
foregoing instrument and acknowtedgcd befor~e me that. .,they~ ...,.,eaecuted the same for the purpose therein pA
expressed. ~o
4
WirrtESS my hand and o~cial seal in the county and state aforesaid this . . . . . . u~:~? . . . . . . . . . . : . . day of
! . J~! . . . . . . . . . . . . . . . . . . . . . . . . . 19 . ~ . .
i My Commission eap~q i5~lale o~ ~ids at la~g~ ~ C~
~ , s~ •~X '~ion 6cpii+ss July 1~, .19s0 . . . . . . . . . . ~ry~C2n~ . . . . . . . . . . . . . . . . . . . .
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(svaoe eNoMr Tnis Li~. R~sKV~d Fo. Lend.. ~~a Raco.aer)
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