HomeMy WebLinkAbout0426 19. Borrower's Right to Reinitate. 1\otwithstanding Lender's acceleratio~ ot the sums secu~ed by this \IortRaqe, Bor-
rower shall ha~•e the right to ha~•e any p~~xecYtings begu~ by l.ender to entorce this ~lortgagc diuoutinued at any time
prior to entry ot a judp,ment ea[o-ciag this ~tortgage if: (a) Borrower pay~ Lende~ all sums which would bc then due undcr
this 11(ortgaqr, the Note and nota secuting Future Ad~•ances, it any, had no acceleratio~ occurral: (b) Borrow•er cu~es all
breaches o[ any other covu~a~~u or agreements ot Borrower contaiutd in this ~fortgaqe; (c) Borrower paps all reawnable
expenses i~curred by L.ender in en[orcing the covenants and agrtemenu ot Borrower containcd in this ~tortgaqe and in
e~[orcing l,ender's remedies as pmvided in paragraph l8 hereof, including, but noc limited to, reaso~~able attornev's [ees; and
(d) Borrower takes such action as l.ender may reasorably nquire to assure that the lien o( this ~tor~gage, l.ender': interest
in the Propertr and Borrower's obligation to pay the sums setured by this Mortgage shalt continue unimpai~ed. Upon such
payment and cure by Borrower, this ~ior[gage and the obligations secured henby shall remain in tull forcc and eftect as i(
no atteleratioo had occurred.
20. Astgameat of Rentfi Appointment o[ Reoeiver. As additio~al seturity hereu~der. Borrower hereby auigns to
Lender thc renu ot the Propetty, provided that Borrower shall, prior to accelemtion undet paragraph 18 hereof or abandon-
ment oE the Prope~ty, have the right to collect and retain such re~u u they becomc due and payable.
Upon accelentiori under pangraph 18 hereof or aba~donment oE tht Propercy, Lender~shall be entiilect to have a re-
ceiver appointed by a court to enter upon, take possession oE and manaqe the Property and to collect the rents o[ the Prop-
erty, including those past due. All rents collecttd by tht reteiver shall be applied tint to payment ci( the costs o[ manage-
ment ot the Property and collection of rents, intluding, but not limited to, rtcei~•er's [ees, premiums on teceiver i bonds and
reasonable attorneya [ees, and then to the sums secured by this 1liortgage. The receiver shall be liable ta account on!y tor
those renu actually received.
41. Futute Advances. Upon request by Borrower, Lender, at Lender's option within twenty ~ears (rom the date of this
Atortgage, may make Future Ada~ances to BorroMer. Such Future Advances, w6th interest thereon, shall be secured by this
1ltoregage when evidenced by promissory notes scating ehac uid notes are secured hereb}•. At no [ime shall the principal
amount of tht indebtedness secured by this \tortgage, not intluding sums advanced in accordance hereM ith to protect the
secvrity of this Atortgage, excetd the original amount oE the Note plus USS N~NE - - - - - - - - - - - - - - - - - - - - -
YY. Relea~e Upon payment o[ all sums secuced br this Mortgage, Lender shall release this ~iortgaqe without charqe
to Borrower. Borrower shall pay all cosu of recordation, if any. ~
• 23. Attorne~s FeeL As used in this Diortgage and in the Note, "attorney's iees" shall include attorne~'s fecs, if any.
which may be awarded by an appellate murt.
I?~ ~Vir:vESS WHEREOF. BORROWER IIaS fXCCUtC(~ this Mortgage.
Signed, sealed and deli~~ered (Seal)
in the resen of: S• BR.ADY
` (Seal)
ANG A. BRADY
(Seal)
(Seal)
STATE OF FI.ORIDA _ '
COUNTY OF MARTIl~ , ~
The foregoing instri~mene ~vas ackno~vledged before me this 12~ day of ~
April ~g ?8 by MAX S. BR.ADY and ANGEL-
A H. BRADY, his wi.fe
.
(~ai) ~ -
Ndary• Public
, . ;i ~~''~•f; \Iy commission ir s:
~1 ' . • :~r, ~ : t.~isn ~tate o1 Flxid~ at larqe
i ;~TA''TF~ QF •~~4,~-~DA ss. My Com:::~s:ion Expices Oct. 4. 1980
f ?~i~~''1' L,-~F~''r ~ W~he y wa«.w 1r~ a C.~~.~rr CoMM1
/
~ ~ ;~'+i''The:foi;~gbing ins~trument ~.as ackno~vledged before me this ~1ay of
~ `a' ~ ~ - 19 by and
~ ~
•-`~-4 T ~ "s_ • ' , respectively,
. -
Pres nt ~anc!'~ ` Secretary of
~
a corporation, on behalf of the corporation.
\aaq• Public '
~ (seal) ~Iy c~mmission expires:
~ ~
~
(Space Beiow T6is Line Reserved For I.ender ~nd Recorder) ~
' S 1 s. 5~ Fla. Rerenue Stamps Kecei~•ed S 22• in payment of taxes due on
~ Cantellecl on Original 1ote.
~ Class "C" Intangible Personal Propert?• pursuant to
~ Chaptcr 134, LaNS of Florida, Acu of 1971. :
~ ~
~ •
~
r"
~ ~
~ Tu Colkctor :
~ _ , r
~ _ ~
. ~
OV11 F~r~ ~ ~
~ S
~
~ ~
~