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HomeMy WebLinkAbout0499 1!~ DoRO~rer'~ Ri~t w~einaate. Not~itluundina Lender's ataleration ot the sua~s secured br thu bto~taage. Bor- ~ rower shall have the ~isht to tuve any p~oceeding~ begun by Lender to entora this Morcgaae di~concinued at aay ~ime prior to eatry oE a judgment entoniaa thit Mortgage iI: (s) Borrr,we~ pays I.e~der all ~ums ~hich would be then due under thi~ 1lfortgage. the Note and notn sec~ring Future Advanop. i( any. -hsd ao acceleration occurred; (b) Borrower cures all bteachea ot anp oc6es c~ven~?eta pr ~eemeAts ot Borrorer contalned in tdb Mottga8r. (c) Borro~rer Psri all reawnable ~ expen~a incurnd by I.tadet in en[orriog the covenane~ aad a6reea~eau ot Borrower contai~ed in thii Mortsa~e a~d in cntprct~a I,eader'~ raaedi~ u providcd in psra~saph 18 hereof. indudjns. but not liaiited to, nasonable attorney'~ ttes; and (d) Borro~rer nka wcb actloa u Leader may reaanably require co uwre that the lien oE chls Mortgage. Lender's interac ia the Pwpertr aad Borrowers obligatio~ to pay ths wms s~cured bp tbi; Mort~age ~hall oontinue unimpaired. Upon wch papme~t sad que bJr Borro~rer. this Mongage and the obliaatioas ~etured herebJr ihall'reauio in tull torce and et[ett as if no aaoeleration had occu~red. ~0. A~dgmseac oE Aea~ Appoin~menc oE Aeaeirer. As addtcional ~ecurih? hereu~der. BoROrrer l~ereby auigns co Lender the seats o[ the Propertr. provided that Borrower ~hall. prior w aaderacion under pangwPh l8 hereot or abandon- . ~ ment Af the Ptoperty. hare the right to ooUect and retain wch renu s thep become dut a~d papable. Upoa aoukraeioA undu pua~aph IS hueof or abandoument oE the Property. Ler~der shall be entitled to have a rr aeiver appointed br a oourt to enter upon. take pouasion ot and manage the Property and co collecc che rents ot the Prop- . erqr, indudi~g Wwe past due. All tents mllated by the receiver ~hall be applied ficu to pa~nnent of the costs ot manage- !l••• 4~•r••±~•c• .n~1 .,nllecrinn of ren~s, includinq. but not~ IImited w. realrer'~ tees. oremiums on receiver's bonds and re~onabk atwrne7ri [ea, and ehen w the swns secured br this Mortgage 'I'he receiver shall be liable to account only tor ' e1w~e rena utwll~ reaeived. - !1. Fntnn Ad~anoa. Upon requeu by Borrorrer. I.ender. at Lender'~ option nithin t~ve~tp years irom the datt of this Morc6age. may make Future Advances to Borrower. Such Future Advances. ~?ith ineerese thereon, shall be secured by thu Mortgage ~vhen evideaced by promiuory notes sqting that ~aid notes are ~ecured hereby. At no time shall the prinapal amount of the indebtednas ~ecured by thu Mortgage, not includin~ wms advanced in accordana herewith to~pwtect the :ecuricy of this Morcgage. exceed che original amounc oE che Noce plui USt None--------------------- ~ 2t. Rekara Upon payment oE all suau iecured b~ this Mortgage. Lender ahall rtlease this Mongage rvithout charge co Borrorver. so~.~?~ ~u wr ~n cosu o[ reoordaciu~. if aa~.. ~ Y3. Attoroey~ Fea. Aa used in this Atortgage and in the Note. "attorne~s [ees' shal! include attorney's fees. iE any. rrhich mar be a~vuded br aa appellate t+ourG ' IN H/ITNESS WHEREOF. BORROWER has executed this Mort - ~ 7~ ~C ~ ~$C1~~ p Signed, sealed and delivered W e~ ~ s in the resence of: ~ ' • ~ a..>~ ~ • (Seal) A ea . e G ~ ' . . (Seal) . ~ . , (Seal) ~ i STATE OF FLORIDA • COUNTY OF ,~law~I~ . . T.h~ Ea~~oing instrument was acknowledged before me this ~ ~ day of , lg ?8 by Edward McGeehan and A e D McGeehan, - s ; ~ . ~ : i • , : ~ ~ ='Ar~, E. , • ~ 2 -q • Na~ry PuWic ; n~ 70 : ~ • ~i commission ex ires: NOTARY PUS11t StAh OF itOR~a1 ~t WtGE ~ r / y P Yr CpMYISS{ON EIIPIRES fE6RUARY 2. 19T9 ~ ~ ~ to+~ofo ar u~cx~ e+Wuas iNw~ 00. ~ S'I'~'~'~•OF~Fy~~Q1tIDA ~ ~ ~ COUi~'~'~,QF•'' E The foregoing instrument was acknowtedged before me this ~ay of ~ , 19 by ~ and ~ , respectively, . President and Secretary of a rnrporation, on behalf of the corporation. ~ - f ~ Kdary PubSc - ~~a~~ ~ty commission expires: , ~ (sp~oe Hao~. r6i. t~ne nese.vea Yo~ t.enaer ,na Secora«) t . i ~ ; 23. 55 Revenue Stamps Received S 31• in payment of taxes due on Cancelled on Original 2Vote. ~ ~ Clus "C" Intangible Personal Property pursuant to . Chapur 134. Laws oE Florida, Acts of 1971. ~ ~ i • ' . T~ Cdkctar ~ ~ aaa~ 288 497