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HomeMy WebLinkAbout0005 19. Borrower's Right to Rei~utate. Notwithstanding Lender's accelua[iou ot the sums +ecured by this \tortgage. Bor- ruMer shall havc the right to ha~•e any ptoceedinqs begun by l.ender to euiorce this Jlortgagc dixoutiuucd u any time prior to e~try ot a judgmcnc en(orcing ~his ~tortgage it: (a) Borrower pays Lender all sums which Nould bc tt~rn due u~~der this ~[ortgage, the hote and nota sccuring Fuwre Advances, i[ any, had no acceleration occurrecl; (b) Rorioker cures all breaches ot any other covenauts or agre~me~ts o[ Borrower tontained in this ~tortgage: (c) Borrower par~s aU rcasouable expenses incurred by Lcndcr in ei~forcing the covenants and agreements ot Borrowcr contained in this \tortgage and in E enforcing Lender's remedies as provided in paragraph !8 hercof, inclu~ing. but not limitec) to, reawnable attorncy's [ecs: and (d) Borrower takes such actiou as Lende~ may reasonably require ta auure that the lien ot this \tor~p,aqe. Lende~s interat in the Property and BorroNt~'s obligation to pay the sums secu~ed by this Aiortqage shall conti~ue uuimpaired. Upon wch px~~nent and cure by Bor~ower, this \lortgage and the obliqations secured hemby shall remain i~~ fuU (orcc and et[ect as i[ no accelention had occu~red. + 20. A~signmeut o[ Rrnts; Appointment o[ Rt~ceiver. As additional security herrunder, Burrower hereb~• auigns to ' Le~der the renu o[ the Property, providcd that Borrower shall, prior to acceleratioq under para~aph 18 hercof or abandon- ; ment oE the Property, have the righc co collect and retain such rents as they become due and payable. ~ ~ Upo~ acceleration under para~raph 18 hereof or abandonment ot the Property, Let~der shall be entitlecl to ha~•e a te- ceiver appointed by a court to enter upon, take possession o[ and manage the Property a~d to collect the rents ot the Prop~ erty, induding those past due. All rei~~s collected by the receiver shall be applied first co pa)ment o[ ~he coits o( manage- ment o[ the Property and collection o( rents, induding. but ~ot limitecl to, recei~•er's fees, premiums on recei~e~ i bonds and reasonable attorney's fees. and thcn to che sums sccured by this \tortgage. The recei~•er shall ix liable to account only for those rencs ac[ually received. 21. Future Advanas. Upon request by Borrower. Lender, at Lender's option ~vithin twe~ty ~•ean (rom the date of this - \tortgage, may make Future Ad~~ances to AorroNer. Such Future Advances. with interest thereon, shall bt securcd by this ~fortgage when evidenced by promissory notes stating that said notes are secured hereb}•. :~t no time shall the principal amount of the indebtedness secured by this \Ior~Rage, not induding sums ad~~anced in accorclance herewith to protect the security of this ~iortgap,e, exceed the oriqinal amount of the 11Tote plus USS N~ ~ YY. Relea~e. Upon payment oE all sums secured by this ;liortgage, Lender shall release this ~iortp,age w ithout charp,e to Borrower. Borrower shall pay all costs of recordation, if any. ~ 23. Attornt~s Feea. As used in this \IortgaRe and in the Note, "attorney's tees' shall indude attorne~'s (ees, it any. which may be awarded by an appellate court. I~ WITNESS WHEREOF. Borrower~ has executed this Mortgage. Signed, sealed and delivered in the presence of: - ~ ~ 1 f (~l> Fre eric . astman -B«.n.~ e6~c.a.- ,~C~ ~ . uani a . as man ~ r $TATE OF FLORIDA~ ,MAR'1'IN County ss: ~ I hereby certify that on this day,- before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared FREDERICK L. EASTMAN ~ and JUANiTA P. EASTMAN, l~us wife ~ , to me kno~vn to be the rsQn (s) described in and ~vho executed the foregoing instrument and acknowledged before me thac t~e_Y___ execuced che same for the purpoae therein expressed. • ~ WrrnESS my hand and official seal in the county and state aforesaid this _ 22nd day of ~ March , 1978 . I . , My commission expires: ~ [saal] ~ ' . t:..~:; u.pS,~ ot ~ .1 t~~ ~ • ~ • , . ~.ly Commissioo bpues Oct. 4, i980 ~ y:. , bee+a a~ w..w+. f.. 3 c..,.r. co.v..r ~ . . ' ~ •r ~ % . \ ~ . . ~ ' . . ~ ~ _ (Space Bebw 'ILis Line Reser~ed For I.ender and Racorder) i :.i_' ~;~t..~'- 46L20 • _ Fla. Re~enue Stamps Received S 61. 60 _ in payment of taxes due on Cancelled on Original Note. ~ ~ Class "C" Intangible Personal Property pursuant to ~ Chapter 134. Laws o( Florida, Acts of 1971. ~ - ~ ~ 'fu Collector . u - ' - ~ - # ~ ~ ~ B k • ep~lol~ fo •djc~ d~ i~_~'8.~~e~}sqb ` R°xz~4 F~acE 5 ~ ~ ~ ~ . ~ - _ - - - - - - ~ ~ .s' J!-_ ~4 : . ' r-.24X' 5 'Jx~v'~T,.:~ .ts""M+y~"4~.~*r - 1• ~ _ _ ~~X~-~~.1.,__