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
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$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
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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.
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