HomeMy WebLinkAbout0034 19. Borro~rer't Right to Reiwtate. Notwithstanding Lender's accelention oE the sums secured by this \fortgage, Bo~-
rower shall have the right to have any procetdings begun by Lender to enforce this \fortgage dixantinued at any time
prio~ to entry oE a judgment enfarcing this 1ltorcqage if: (a) Borrower pays Lender aU sums which would be chen due under
this Hiortgage, the Note a~d ~otes securing Future Advanca. if anr, had no acceleration occurred: Bor~ower cures all
bt~ache: of any other ooveaa~u or agreemenu ot Borrower contai~ed in thi: Mortgage: (c) Borrower pays all reasonable
expenses incurred by Lender in cn[orcinq the covenanu a~d agreements of Borrowcr cuntained in this ~lortgage a~d in
entorcing Ltoder's remedies as provided in paragnph IS hertof, inclu~ing, but not limiced to, reasonable attorney's (ees: and
(d~ Borrower taka s~ch actio~ as Lender may reasonably require to assure that thc lien ot this 111ortgage. Lenders interat ;
in the Property aad Borrower's obligation to pay the sums secured by this 1ltortgage shall continue unimpaired. Upon such ;
payment and cure by Borrower, this 4fortgagt and the obligations secured hereby shall remain in [ull force and eE[ect as if
no accelention had occurred.
20. A~ignmtat of Rrntx Appointmeat oE Rcai~er. As additional security hereunder. Borrower hereby assigns to
Ltnder the rents oE the Property, provided that BotroMer shall, prior to accelention under paragraph 18 hereof or abandon-
ment oE the Property, have the right to collect and retain such rents as they become due and payable. ±
Upon accelention under paragraph IB hereof or abandooment ot the Propetty. I.ender shall be entitled to have a re-
ceiver appointed by a rnurt to enter upon, take possession of and manage the Property and to collect the renu oE the Prop- ;
erty, including those put due. All rents collected by the recei~~er shail be applied fint to payment ot the costs ot manage- {
me~t o[ the Property and collection of mnts, includinq, but not limited to, recci~•er's fces, premiums on recei~•er's bonds and ;
reawnable attorney's fees. and then to the sums secured by this Atortgage. The receia•er sha11 be liable to account only tor
those renu actually reteived. .
Yl. Future Advaacea. Upon request by Borrowtr. Lender, at Lender's option aithin twenty }•ean from the date ot this
;tortgagt. may make Future .ldvances to Borrower. Such Future Advances, with interest thereon, shall be secured by this
I?tortgage when evidenced by promissory nota statiog that said notes an secured hereby. At no tim~ shall the principal
amount oi the indebtedness secured bv this ?1(ortRage, not induding sums ad~•anced in accorctance herrwith to protect the
sccurity of this ~tortgaqe, exceed the oriq~ual amount of the Note plus USS N~~ - - - - - - - - - - - - - - - - - - - - - - i
YY. Rdeau. Upon payment of aU sums secured by this ~iortgage, Lendtr shall release this ~tongage without charRe
to Borrower. Borrower shall pay all costs of recordation, i[ any.
Y3. AttorneYs Fees. As used in this ~(ortgage and in the Note. "attorne~s fees" shall include attorney's tees, it any.
which may be awarded by an appellate mur~
Ix WI'fNESS WHEREOF. Borrower has executed this Mortgage. ~
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Signed, sealed and delivered ~
in the presence of:
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• ~ • ~ ~~'-/te ~ t~~ E'-- / (Seal)
' L. Z GER
• ~ ~ f~~ • (Seal)
. CHARLES R. Z R
OHIO
srw~ oF ' Councy ss:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in !
'I the county aforesaid to take acknowledgements, personally appeared ~'ene L. Zulager, a married woman :
~ & Charles R. Zulager, her husband , to me kno~vn to be the person (s) described in and
~ ~vho executed the foregoing instrument and acknowledged before me that t~___ executed the
' same for the purpose therein expressed.
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WmvESS my hand and official seal in the county an state aforesa~id this ' '3' day of
December , lg , '
My co~~pjA~j~l~ expires: - ~ '
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~t~;t~s~~~,' •x«.~r r~w~ BETTY 1ANE WILSON
, 1'// S ~ Notary Publ~c, St~t~ ot Ohio
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. ~ r • ~~'9 ~ ' Jlh Commission Exp(res Nov. 14i 198= `
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(Sp~ce Beiow This Iine Resernd For Lenda ~ad Recorder) :
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; $0. 00 ~a. Revenue Stamps Received ; 40. 00 ~n payment of taxes due on ~
b Cancelled on Originat Note. ~
~ Class "C" Intangible Penonal Property pursuant to ~
~ Chapter 134. Laws of Florida, Acts ot 1971.
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60GK 279 P~~E 34 ;
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