HomeMy WebLinkAbout0951 prior to entry of a judgme~t eaforcing tba Mongage if: la) Borrower pan Lender all sums which would be then due under ~
this Mortgaae. the Note and notes securing Future Advancea. it any. had no aocekration occurrsd; (b) Borrower cures
all brcaches of any other oovenaats or agrxments ot Borrowe~ contained in this Mortgage; (c) Borrower pays all ressonable ;
expenses incurrod by I.ender ia enforcina tl?e covtnagts and a~eements of Horrower containtd in this Mongage and in ~
entorcing Le~de~'s nmedies as provided in paragraph 18 hereof, including. but not limited to. rcuonabk attorney's fas: and
(d) Bonower talca wch action as Leader may reasonaWy rcquire to assurc that the liea of this Mortgage. Lender's interat '
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall conti~ue unimpaired. Upon such :
paYinent and cure by Borrower. this Mortgaae aad the obli6ations secured hereby shall romain io full fora and effect as if
no accekntan had occurned.
ZA• Aad~w~e~t ot Re~tr AMoiatwe~t ot Receirer. As additio~al security hercur~der. Borrower hereby assigns to
l.ende~ tt~e rents of the Property. pmvided that Bomovrer shall, prior to accekration unde~ puag~sph 18 hereof or abandon-
ment of the Property. have the right to collect and retain such renls a; t6ey become due and payabk.
Upon acoekration under paragraph 18 lxrcof or abandonment of the Property. [.ender shall be entitled to have a
roceiver appointed by a oourt to ente~ upon. take poss~ession of and manage the Property and to rnllect the rcnts of the t
Praperty. including those past due. All re~ts collectod by the roceiver shall be apptiod first to payment of the coats of ~
management of the Pcoperty and collection of re~ts, including, but ~ot limited to. receiver's fees, premiums on receivei
s ~
bonds and r~asonabk attomey's foa, and then to the sums sccurod by ~this Mortgage. 'Rie receiver shall be liable to account
only for those rents actually roceived. ~
21. Frtsre AiraK~es. Upon request by Borrower, Lender. at [_e~der's option within twenty years from the date of this
Mortgage. may make Futurc Advanoa to Bomower. Such Future Advancts, with interest theroon. shall b~ socured by this
Mortgage whcn evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal
amount of th~ indobtodneas secured by this Mortgage, not including sums advanced in accordar~ce herewith to protoct ihe
security of this Mortgage. exoood the original amount of the Note plus U5S"
22. R~ UpQn payment of all sums securod by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU costs of rocordation, if any. ~
23. Attorsey's Rea. As used in this Mortgage and in the Note, "attorney's fees" shaU indude attorney's fees, if any, ~
which may be awarded by an appellate court. -
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IN WITNESS WHEREOF, Borrower has executed this Mortgage. .
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Signcd, sealed and ddivered
in the presenoe of: . _ ~
.`~~~iRt'K.! . i/,. ~~~'.a~~fklC . . . . . . . . . . . . . . . . . . ~1'f.' . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Seal)
William F. Kerrigan -ewTO»..
. . . ~I:'c'C•t1t'C ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Seal}
-eo.rower
STATE OF FLORIDA . . . . . . . . . . . . . St., L11Cle. . . - • - • - . . . . . . . . . .COUIIt)1 SS:
. . i
I hereby certify that on this day, before mc, an officer duly authorized in the state afor~aid and in the county ~
aforesaid to take acknowledgements, personally appeared `'I11~~1 F:~ ,Kerrigan~ , a, sin~e man . ~
F
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who ~xecutod the '
foregoing instrument and acknowledged before me that. ...k~~. .....,.executed the same for the purpose therein ~
expressed. -
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i WtmESS my hand and o6iciat scal in th~county and state aforesaid this. . . . . . . .Zth. . . . . . . . . r . . .day of ;
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