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HomeMy WebLinkAbout0111 1!. Doerowee'~ Ai~t ~o Aela~ta~a Nonvithuaadins La?da's ~aoeleratioa oE che w~ ~ecured br tb& Motc~a~e. 8ar ro~rer ~all have the riaht w hare any Proaedi°Bs be~un bp Leader w u?tora cd'a Moriga~e diioo~cinucd st any tia~e 0 ower prior co eatry of a jud~~aeat entorcina ct~L Morc6s~e ii: (s) Don~ower ys I.tnda aA wmi Mhid~ ~rould bc chen due under thL Morc~sae? the Note and aota iecuriua fl~cure Advauce~. it anr. do acoelaatioa oornrred: (b) Bor~o~rer aira all brexha oE sa~ other coveaants or agreemenu oE Botrower coatalncd in thIs Mor~age: (c) Borrower pays sll rea~onaWe acp~wa iacuired b~ Le~ in eatorcing the ooveaana and aareemena oE Borrowa oontained in tbts Mort6aae ud ia . eatorciag Leuda's raaedia ~s pmvided ia paragaph 1a lKraot,.iaclu3in6, but aot llmited co. ra~oaable atwrarYs tea: and (d) Bo~ takea acb ~ctioa as I.eader ma~ ra~o~ablp reqnire w a~w~e th~t the lien ot chii Mo~cgaae. Lender': tnterat in ehe Prope~tr and Borrorrer'a obligation to par tbe am~ ~ecured b~r this Mortgage sd~ll wntinue unitnpaired. Upon wch Wpment and ture by Borro~neer. ehis Morcgige and tbe obligacioai ~ecvred bereb~ ~aU remain in full torae and ef[ect a if ao aaoeleratloa h~d oacun+ed. . . . ~0~. A~omeat af Rena~ Appdnmeat of Reocirsr. M addlciond ucuriq herew~drr. Borno~ra hereby as~i~u w Lender ehe :ents oE the Property. provWed thit Borrowa s1~U. prior w aaekntioa undet parrBraPh t8 hereoE or abzndoa~ ment oE the Propat~. !?~ve the~right to oollect and retaia au6 renu ss the~ beoome due and pa~bla Upan aoakration unda paragraph IS 6ueof or ahandoament oE the Propatr. Leader ~hall ~e entitled w have a re- ~ oeiver appointtd b~ a aourt.to eacer upon. take poaasioa of and manage ehe Pruperty a~d w oollect the rena of the Prop~ ertp. including tho~e past due. Alt reats colleaed b~ the reaiver shall be applied Cuxt to payment oE the oosts oE managc~ meat oE tht Propertr and oollection of rents. including. ba~t aot limited to, reoeivefs tea, preminms on receiver's bonds ud reawaabk aca~rAe~ts fea. and then w the wms:ecured bp ihis Mortgaga The receiver iball be liable w aooount onl~ fo~ tho~e ren~ utualt~ reoelred. tl. l~atare Adoaoota Upon requat bp Bon~o~ves. Lender. at Leader's optbn r~rithin t~rent~ 7rean fmm the date oE thi~ Mort~age. ma~ make Fntur~e Advanca w Bozra~+er. Sach ~bture Advanoa. ~rtth interest thetron. shall be securtd b~ @w MortgLae wheu rvidenoai br promi~or~ nota statia~ t6at taid nota are ~ecured haebr. At no '~e ahall the prindpal amount oE ehe indebtedaat sewred b~ this MortgaEe. aot Includina wto~ advanc~d in accordar~oe :.ae~rith to protat the :ecvriq oE ehia Monaaae. r:aed-the or3ginal amounc of che Note pl~ USi NONE - - - - - - - - - - - - - - - - - - - - - - !!t. Rda~ Upoa papment oi all wtm ~ecured bp thi~ Mortgage, I.ender ~11 releaae tlw Mo~cgag~e r.icho~u charge w Borc+o~rer. BorroM?a ~11 pa~raq oow of teoordation, if auy. _ Y3. Aaa~ne~s F~a. As used in this Mon~age ud in the Note. "atcornrY: fea" ~all include actorneY: fea. i~ an~. ~rhich may be a~rarded br w sPpeiU?te ooun , _ Itv WmvESa W~xaoF. Bornower haa exccutcd this Mortgagr. Signcd, sealed and delivtred in the preset~e ' • , U . (Seal) DAV ID A. DINSMORE D°"°"'~ - ~s~~ SHARON F. DINSMORE -s°"'°""~ SrwrE o~ FLOU~, MARTIN County ss: I herebq orrtify that on this day, before me. an officrr duly authorized in the state afonaaid and in the oa?~nty aforesaid to take acknowl dgem enta, personally appeared DAVID A. DINSMORE and , SB.AR,ON F. DINS~ORE, hi8~'~e , to me known to be thep~ n(3) deacribed in and who executed the ~oregoing instrument and acknowledged bef~re me that ~e~ executed the - aame for the purpose therein expreased. WtrNBSS my.hand and official aeal in the oounty and state afaresaid this day of - September - , 19 ?7 My, ~}}~sion expire~: ~ ~ ,~„~1., N°t'rn _ ~ ~ . , ~ ~t+~1? h6ic. State oi Flu,;d,~ ~t i' ti- . ti - M~? ~as;o, la'yt ~ , : . ` ~ ; ~ ~ L-'~~` ~ ~F~ o~tt. ~ i 1' ~~rr ~ _=~T. ~t : ~ . ~ . . ~ ~l ~N /e~ ~ (,yy~~~~ . ' ` ` . t , ; ~ j..''~'. e, ~ ~ ~~r[ . ~ ' . ~!~iw ~ V ! ` ` . J~L i ^4r ~ :r- ~ i~'~- . ` * ~'~~4,+~ . ~ ~ . u~r,~€; - ~:~~~~L s:'' _Z~ Dio. ~?Lt. Li~. lw...a ror I...a~ .ea s.co.a.r) ; 45. 90 Fla. Revenue Stamp~ Reati~ed ; gl. 20 ~~~nt of t~a dae on Canadled oa Original Note. Clao "C" Intangi'bk Personal Prupaq pura~aat to (~pter 134. I.a~?s of Fbrida. Acts o~ 1971. _ T~ Ca1Lelor F . - P~~7'4 ~ ~o . ; y___..__~~_ , _