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HomeMy WebLinkAbout0858 prior to eniry of a judgment entorcmg this Mortgagc if a) Borrower pays Lender alf sums which wouid bc then due under this Mortgage, the Note and ootes securing Futurc Advances, if any. had no acceleratio~ occurred: (b) Borruwer cures all breacha of any other covenants or agreeme of Bo~rowe~ contained in this Mongage; (c) Borrowe~ pays all rcasonable ezpense,~ incurrod by [xnder in en[o~rcing t~~~teoa~ta and agrcements of Bomowe~ contained in this Mortgage and in enforcing I.ender's remediea u provided in pangraph 18 hereof. including. but not limited to. reasonable attomey's foes; and (d) Borrovrtr takes such action as Lender may reasonably require to assure ~hat the lien of this Mortgage. Lender's ioterest in the Prop~erty and Bormweri obligation to pay the sums secured by this Mortgage shall rnntinue unimpaircd. Upon such payment and curc by Borrawe~~ this Mortgage and tho obligatioos securcd hercby shall remain in full force and ~ffcet as if no accek~ation had occurnd. 20. Asai~Ameat of Rtnlq AppMntnre4t ot Recelver. As additiona! securi~y hereunder. Borrower hereby assigns to Lender thc rents of the Property, provickd ~hat Borrower shall, prior to acceleration under paragraph 18 hereof or abandor~- ment of the Properry. have the right to collect and retain such rcnts as they become due aad payabk. Upon acceleration under paragraph 18 hereof or abandonment of the Propetty, Lender shal! be entitled to have a receive~ appai~ted by a court to enter upon, take possession of and manage the Property and to collect the rents of the Property. including thoae past due. All rcnts collected by the rcceiver shall be appliod first to payment of the costs of management of the Propeny and collection of rents, including, but not limited to, receiver s fees, premiums on receiver's bonds a~d reasonable attorney's fees, a~d then to the ss~ms securod by this Mortgage. The receiver shall be liable to account only for thos~ rents actually roceived. 2l. Fnture Advancea. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this Mortgage, may r~~ake Futurc Advanca to Borrower. Such Future Advances, with interest thereon, shatl be secured by this Mortgage when evidenced by promissory nota stating that said nata ar~e secnred hereby. At no time shal! the principal . amount of the indebtedness secured by this Mortgage. not including sums advanced in aceordance herewith to protect the security bf this Mortgage. excad the original amou~t of the Note plus USS . . . . . . . . . . . . . . . . . . . . . . . . . . . 22. Rekase. Upo~ payment of all sums secured by this Mortgage. [.ender shatl retease this Mortgage without charge to Borrower. Borrower shalt pay alt costs of rccordata~, if any. 23. Attorney's Ftes. As used in this Mortgage and in the Note, "attorney's fees" shaU include attprney's fees,- if any, which may be awarded by an appellate court. IN WiTNESS WHEREOF, Borrower has cxecuted this Mortgage. ~ Si~ned, sealed and delivered in the presence of: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . J~~ ~4-~! . ~CC~ t t F~~C~:~.4-. . . . . . . . .(Seal) P].dII~C~OSl -8orrower ~ ~ . i . . .lS?-~t:~. . .~~7`~.-'~:~:~ f-ccR:':`=7: .~F.~-:~: . . . . . . . . . . .(Sesl) ' ~ ~ Ieria Pi.ant,ec3osi -eo..~ STATE OF FLORIDA . . . . . . . . . . . . . . . . . . Palm Bea~h. . . . . . . . . . . . County ss: I hereby certify that on this day, before mc, an officer duty auttiorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared..~G~? ~~'kr@4~k ~.G~~k? ~~~4Sa,.... . , . , .his_ wife, , , , , , , , , , , , , , , , , , , , to me known to be t6e person(s) described in and who eaecuted thc foregoing instrument and acknowtedged beforr ~me that. ....~Y. ....executed the same for the purpose therein expresseci. ~ W~TNFSS my hand aad oflicial seal in the county and state aforesaid this. .day of . 19.~$.... ':J. My~~mmission exp~es: , ~ . . . _ Notary Public no•a;y ~~ii~ ~e ef ft~ri~a: at ~arga ~ M4 E.'~;tt^~~5.'d!~ ~r`; :i ~J~~. Y. 1918 ' . ~ . ; - ,1 ~ ,a - ~ ~ ~(Spsce Selow TAis tine Reserveef For Lendar anrl Itecords~) st~iuciE couri~r Fi~°. ROCER AOtTAkS c - C~c'itK i;~~U1T C.^UR~ _ <<::r~~ED 9 3 0l PN'~R . ; 39~303 ; ` E!1~r iAGr VtJ~ ~ /"'~~t~ -