Loading...
HomeMy WebLinkAbout0856 i:~3 prior to entry of a judgment enforciog this Mo~tgage i!: Ia) Borrower pays I.enJer all sums which would be then due uncier this Mortgage, the Note and nota securing Future Advancea, if any, had no acceleration a:curred: (b) Borrower rures all breaches of aoy other covenants or agr~eme~ts of Bonower contained in this Mo~rtgage; (c) Borrower pays all reasonable expenses incurrrd by L.ender in eaforcing the cove~ants and agreements of Borrowe~ contained in this Mo~tgage and in enforcing Lende~'s remedies aa provided in paragraph 18 hercof, inciuding, but not limited to, reasonable attorney's foes; and (d) Borrower takes such actian as Lender may reasonably rcquire to assure that the fien ot this Mortgage, Le~der's interest in the Propeny and Borrower's obligstion to pay the sums aecu~ed by thi: Mortgage shall continue unimpaired. Upon such payment and cure by Botrower, this Martgage and the obligations secured hereby shall rcmain in full force and effect as if no acceleration had occurred. 20. Assi~nmeat of Reats; Appolntmeat of Receiver. As additional security hereunder, Borrower Aereby assigns to Lender the rcnts of the Propeny. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- ment af the Praperty. hsve the right to coliect and ntain such rents as they become due and payable. Upon acceleration under paragnph 18 heraof or abando~ment of the Property, i.ender shall be e~titlod to have a receiver appointed by a rnurt to enter upon. take possession of and manage the Property and to colkct the rents of ths Prope~ty. inctuding those past due. Ail rents coNected by the receiver shall be applied first to payment of the coats of management of the Prope~ty and collection of rents, including, but not limited to, receiver's fees, premiums on r~ceiver's bo~ds and reasonable attorney's fees, and then to the sums secured by this Mortgage. 'ilu receiver shali be liabte to. account ` only for those rents actually received. 2i. Future Advnnca~. Upon request by Borrower. Lender, at i.ender's option within twenty years from the dat~ of this Mortgage, may make Future Advances to Borrower. Such Future Advanca, with interest thereon, shall be secured by this Mortgage when evidenced by promiuory notes stating that said notes are secu~ed hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in aecordance henwith to protect the security of tAis Mortgage. exceed the original amount of the Note plus USS. . • . . . . . . . . . . . . . . . . . . . . . . . . 22. Rek~se. Upon payment of all sums secured by this Mortgage. Lender shall release this,Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. Attorney's Fees. As used in this Mortgage and in the Note. "attorney's fecs" shall include attorney's fees, if any. which may be awarded by an appt!late courl. ~ IN WITNESS WHEREOF, Borrower has executed this Mortgage. ` Signed, sealed and delivered in the presence of: ,G/ ~ ~ ~ . . , . ~~~~r~~~f ; ~ . . . . . . . . . . . ~ . . . . . . . . . . . . . . . . . . . . . (Seal) RD LOVELESS ~ -s«*owe~ ~ l'~C ~ ' GGC~~lG~ . ! ~:il•~.l . : . . . ~ . . . . . . . . . . . . . . . .~U'r~x . . . . . . . . . . . . . . . . seat ~ DIMPLE OVELESS -eo..ow? F STATE OF FLORIDA . . . . . . . . . . . . . . . . . . . . • • ~AR~'I1~I~ . . . . . . . . . . COUAtY SS: I hereby certify ihat on this day, before me, an otficer duly authorized in the state aforesaid and in the county ' aforesaid to take acknowiedgements, personally appeared. . .F.~D. ~p~~,ESS • a2~d• • • • • • • - • • • • • • - • • • • • - ; ,LjIMPLE LOVELESS, to me known to be the person(s) described in and who executed the t . • . ~ .~foreg,ojng instrument and acknowledged before me that ........t~~y . executed the same for lhe purpose therein ~ ``~~~r,;f,~`. i ~~~i '_'''--'W1'rrt~hand and officia[ sea1 in the county and state aforesaid this. ..9~-? . .day of ~ . . .'t~. : : c.I~tJ'qveiabex . . . . . . . 19.? 7. . ~ .f M~CoTn~riissiop $ic~ires: ~ ~ ' . . F ! ~ J ~ ` . . . ~ . .IY~ :T.":~~J~T`~'~.~. . ? . . . . . . . . . . . . . . . . . [b'M1L~`~ Notary Public JQTARY Pil611~~SLA~E OF flG~itlDA IlT IARGE ?,hY C: W'ZSJU~~ EXFfz.iS SEF' t~~ 7 9 ~t~pEa1?iRUGE"~EftAl IN:, Ut.G~KYiR(iEi~S ' , ~ A ~ \ ~ i ( (Spsce BNow This Line Reserved For lender a~d Recorder) _ ; ~ scox2~ pa~ ~ 8 ~ . . _ ; - - - ~ ~ _ . . _ = ~ _