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Home My WebLink About0131 19. Botrower's Right to Reirutate. Notwichsta~ding Lender': acceleration o[ the sums sccured by this ~fortgage, Bor- rowrr shall have the right to have a~~y proceedings begun by Lendcr to en{orce this ~lortgagc discontiuued at any iime > prior to entry oE a judgment entorcing this Atortgagt if: (a) Borrower pays Lender all sums Nhich would be thrn due under ; this Atortgage. the Note and notes secu~ing Futurc Advanca, i[ any, had no acceleration occurred; (b) Borrower cures all ~ brtachrs oI an~ othtr rnvenants o~ agretmtnts o[ Borrowet containcd in thi~ ~iortqa~: (c) Borrowe~ pays all reasonable r ' expenses incurred by l.ender in en[orcing the covenants ~nd agreements of Borrower contained i~i this Jiortgage and in + entorcing Le~dei s remedies u pro~•idcd in paragraph 18 hereo[, inclu~ing, but not limited to, reasonable attorney's [ees; and (d) Borrower takes such accion as Lender may reasonably tequire to assure that the lien ot this ~tortgage. Lendrr's interat ; i~ the Pmperty and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. UPon such ; payment and cure by Bonower, this Atortgage and the obligations setured hereby shall remain ia [ull (orce and e[tect as i[ ~ no accel~ntion had occurred. ~ ; 20. Arignment of Rentx Appoiatment oE Receivet. As additional security hereunder. Borrower hereby assigns to Lender the renu of the Property, provided chat Borrower shall, prior to accelsration under paragraph 18 herrnt or abandun- ~ ment oC the Property, hare the right to collect and retain such renu as they become duc and payable. ~ Upon accelention under paragraph 18 hercof or abandonment oE the Propeny, Lender shall be entitled to have a re- ~ ceiver appointed by a coun to enter upon, take posstssion of and manage the Property and to collect the renu of the Prop~ erty, including those past duc. All rents collected by the teceiver shall be applied [int to payment o( the costs o( managN ~ ment of the Property and mllection o[ rcnts, including, but not limited to, recei~•er's tees, prtmiums on recei~•er s bonds and ~ reasonable attorney's tees. and then to the sums secured by this ktortgage. The receirer shall be liable to account only for ~ those renu accually received. f 21. Future Advancca. Upon requat br Borrower, Lender, at Lender s option within twenty }-rars trom the date of this ~tortgage, may make Future Advances to Bormwer. Such Future Advances, with interest thereoo, shaU be secured by this Atortgage when evidenced by promissory notes stating that said notes ate secured hereby. At no time shall the principal amount of the iodebtedness secured by this ~iortqage, not including sums advanc in accorda~ce herewith to protect the security o[ this Mortgage, exceed the original amount of the Noce plus USS N~~ - - - - - ' - - - - - - - - - ~ - - - - - - ~ 22. Retease. Upon payTnent of all sums secured by [his Aiortgage, Lender shall release this ~tortgage without charge - to Borrower. Borrower shall pay all costs oE rccorciation, iE any. ~ 23. Attornep's Fees. As used in this :~tortgage and in the Note, "attorne~i s fees" shall include attorne}'s tees, i[ any. 4 which may be awarded by an appellate court. ~ I:~ WITNESS WHEREOF, Borrower has executed this Mortgage. . i ~ , ~ Signed, sealed and delivered ~ ~ in the resence of: ! ~ ~ . ~ • _ (Seal) ; JOS A. SCA LTZ ~ -B°"°"°` . , ~ ~ • (Seal) } ti ~ FRANCISCA SCHULTZ > -B°"°"' ~ SOU~H CAR LINA Srw-rE oF ~ifRN~e.7t~- • County ss: I hereby certify that on this day, before ine, an officer duly authorized in the state aforesaid and in ~ i the county aforesaid to take acknowled~gements, personaily appeared JOSEPH A; SCAULTZ and ~ ~ C FR:ANCISCA SCFIULTZ, his wife , to me known to be the person (s) described in and j ~vho executed the foregoi~?g instrument and acknowledged before me that _ ~eY executed the ~ ~ same for the purpose therein expressed. S I f WmvESS my hand and official seal in the county and scate afor id~c~is ~ O~ ~day of ~ February , lg ?8 , ' ' ' • My commission expires: 3 a i- 3 - r•~ . tse~el • x«..r rnW~c : ~ ~ . ~ . ~ . ~'~!'q~' ~ E ; r ty c~ 0 o ~ = . l~ _ ~ ~ ' ; ; r' C,•._~~ - i r n 1 `~\y • , Z ~ O ~ • ~ - - - - ( $P~C! Bt{dw ~Ilf I30t Rdtlvll~ FOi I.lOalf and AlCOfI~lt) . ' . ~ i ; 30• Fla. Revenue Stamps Received ; 40• in payment of taxes due on ~ Cancelled on Original Note. _ Clus "C" Intangible Personal Property pursuant to ~ ~ Chapter 134, I.aws of Florida, Acu of 1971. ~ i ~ 3 ~ ~ Tu Cdiector s ~ ~ r~ ~ c~3 w* ~ ~ ~ ~ ~ . ~ ~~~K ~82 ~~~E ~31 ~ ~ ~ ~ ~ - _