HomeMy WebLinkAbout0227 19i. Sa~ro~ray Rl6itt t4 ~etopata Not~rittu~adiag Leadet's atalaation of the wms ~ecured b~ thb M~tgage, Bot~
raNer s~hsU hsve the right w dave anypro ings beaun by L.e~der to cntora this Morsaa~e disrnatinued at aur time
ptior to entt~r oE a judameat teforciaa th& M
dort~ges iE: (s) Borrowct par Lender aU wa~ whkh-~rouW be theo due undu
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cliL Morcaaae. tbe Note and nota securina Fuwre Advaaoa, iE say. bad no aaakratioa oocurr~d: (b) Boirower cures a!1
bracbes oE aaT ot6er aoreaana oz sgretmena oE Bo:rowa contatned iA Usu Mo~e: (c) BornoNer pays all raaoabk ~
expensa incurred by l.eada in eatorciag the ooyenanu and asreemeats oE Borro~?et eontained in ehis Mortgsge and in ~
~eatorcina Leada's ra~medip as provided ip paraaraph 18 hereof. iredu3ina. bnt Qot limited to. rea~onable attorne~s [ea; uid ;
(d) Borro~ra taka wd~ ution as LeAda mar rwonaWy reqnire w saure that the lke of thit Morc~agr. Lendu'i truerat
ja the Ptopetty and Borrotves'a obligation to pay tbe wm~ setured br this Mortaage thaU aw~tinue uaimpaind. Upon su~
Pa~+ment uid can by Bo~t+a~rer. thi~ 1?lortgaas sad the obligation~ ~ecurcd htreby shal! temain in tull Iora and ettect u if
no aooeleratioa had aaurnd. -
m. AN~t QE RdiNC A~IOIOtaltOt OE ~NOlI~!!. Af !(MItiOAil iONlItr' htlll~lfaC!'. BOITOWK Ill7~by ~riigllt t0
Lender tl~e renet ot the Propeny. proridcd that Borrowet ~all, prior to aooeluation under para~aph 18 h~rcoE or abandon-
ment oE the Propertp.,have the right w ooQect and retaia wch reatt ss thep beoome due snd papable.
Upon aooderatioa undes paraaraph 18 hereof or abandonmeat ot the PropenT. Lender shsll be entitled w have a~+e~
aiver sppoiated b~ a c~ourt w entcr upon.. take po~n o[ and manage t!u Pi+~pertr and w ooUect the rena ot the Prop~
ut~r. indudina ~bo~e past dua All rena oolkcced b~ t6e reoeiver shaU be applied E~nt to pa~me~t ot che coacs of manage-
IDtAt O~ til! PDOp!!tr tIKI C~uKt~OQ OE [t~1tf. Illtlllajlia, blit AOt ~lID~tld t0. reoeivet's [ees, premiu~ oa naiver:: bonds urd
reaaaabk attorney~ Eea. and tlsen to the wms ~ecured by chis Mortsaar, The reeeivtr ~all be llable to acaount odr fos
thwe xna :ctu~l~ r~eered.
~l1. lntore Ad~anoea Upon requeu b~ 8oemwer. Lender. at Lendels opttoa .riehin t~renq peus from che date o[ chi~ •
Mo~taag~e. may_ make F~ture Adva~ca to Borrm?er. S~ch Fhture Advanoa. ~?ith intereu ehereon,- shall 6e secured br ehi:
Morcgage ~?hen by promi~sorp doca statirrg chat ~aid noces u+e :cc.vr~d herebr. At no cime ahil! the prinapal i
aowunt of che indebcednea seaued b~ chis Mongaae. noc including waa advanaed in aaoordaner herewinc ~o procecc the i
securiq ot thi: Mostgage. exceed tlu original amoudt oE the Note plus US~ NOI~ - - - - - - - - - - - - - - - - - - - - - -
Reka~ Upon paymeat of all s~ stcured b~ this Mortgage. I.enda sfult releax this Mortgage ~vithont chsrgt
to Bo~s+o~ra. BosroM?et ~tWl pay all oosts oE f~emrdation. if an~ .
~3. Atlarneys Fea~ As wsd in thi: Mortgage and in the Nou, 'attorne~+s [ta" ~hall indude attorneY: fees, if an~.
~vhich may be a~rarded br w appeUate o~urt. .
IN WitNESS WHF.1lEOF. BOi['OWti ~ tXtCtlLCd t2118 MOttg'd~C. T
Signed, sealed and delivend -
in tbe preaence of:
WII~I~iAM K. +R _
_ ~W )
OSEPHINE C. BARKER -s~•~
. Srw~ oF FLOwn~?,- MARTIN County as: "
I hereby oertify that ou thia day, btfore me, an offictr duly authoriud in the atate aforesaid and in
the mun~tp afonsaid to take acknowledg~ementa, petaanail~r appeared Willism K. Barker and
~oaephine G. Barker, his wife , to me knot~vn to be the peraon (s), descrijted in and
who acecuted tht foregning instrument and acknowledged before me that ~ey executed the
same for the puxpoee thtrein expressed. -
;
WrrN~ss mq hand and official seal in the o~uaty and stace afonaaid this S~ day of '
September , 19 . z
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,j1~P:conamissian expirta: " -
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. ~~'ss'a.' E~ Oct. 4, i4gp
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'~ly~i~.i:i~i i ir,~..,i~' (3p~Of BdOM' 1LY IL~ ltwrw~d IOr I.la~Lf tld ~ooed~t)
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s - 68. 40 , Fla. Revenue Stamps ; 8I. 20 ia Pa7ment of taza dne on
Canoelled on Otigieal.Note.
C~tw "C" Intangibk Perwnal PraRerty pnraunt to _ .
Chipter 134. Iatas of Florida, Atu of 1971.
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