HomeMy WebLinkAbout0911 1!~ lo~rowe:ti ~i~pt ts Re~tata Nohrithuaading I.ender's aueleration of the suau securrd by this Atongage. Bor-
ro~ret sha!! hare tLe ri6ht w dare anr proceedtngs Aegu~ br l.ender to en(orce this Mortgage discontinued at anr time
prior to mtn d a judameat eatorcioa tlw Monaaae it: (a) $otrower pari Leode~ aU wms which wauld be then due under
this Mo~taa,~e. the I~Sote aad ratts xcwia~ Future Advanop, iE anp. hsd no acceleration occutred; (b) Borrower cvra all
brad~es o[ an~ otber oorenaaa or aarcemena ot Borroxer co~tai~cd i~ this Morc~aage: (c) Borrower pa~+s alt reasonable
expaaa inc~u~rod bp l.ender ia tatarcia~ tke coreaauts aad aareeme~u ot Borrower mnui~ed i~ this Mortaage a~d iA
en[o~rin~ I.ender's resedia as providcd ia par~aph l8 bereoi. induding. but not limited to, tcasonable attorner's fets; and
Eorrawer ukes snch action u irender may reasonaWy reqnire to uwre that the lie~ oE this Mortgag~e. Lender': tnttrest
in tbe Propaq and Do~m~rers obli6atioo w par tbe wmt :ecured b~ this Mort~age ahall continue unimpaircd. Upon wch
pa~oeat aud c~e 6y Doit~owet. this Alortaage and t6e obligatiotu tetuttd harebr ahall re~ain in full [orce and etfect as if
. ao aooderatioo had ooaur~d.
!R Awi~e~t d teatt~ Appoi~aua~t d~ecet~er. As ~ additional securitr hereu~der. Bonower hereby as~igiu to
l.eoder tbe reats aE tbe Pcoperq. pnwided tLu Borrower s6aU. prior to acoeleration under. pangraph 18 hereof or abandon-
oeeat cE tLe Prop~rq. 6a~e the risht a ool{ect and reaia wch rents as they beoome due and paysble.
Upoa aoadaatiori under pa~a6raph !8 haeat or abandoameat aE the Property. Lender shall be eacided co have a rr
oeirer appointed b' a oourt w rnter npon, take posfession of and manage tht Prape~ty and to collect the rents of the Prop~ ~
uq, iadudiua tbo~e past doa AU rrnu collecccd b~ the teoeiver shall be applied iint to parnent ot the msu o[ manage-
meat ot the Propat~ and oolk~tion o[ ttnts. iacluding. but not limited to, receiver's (ees. premiums on receiver's bonds and
rn~oaable attornr='s tea. aa! tl~en w tbe wms secured by this Mortga~. The rcteiver shall be liable to account onlr Eor
ebwe re~a accnaty reoei+cd. ~ -
!1. Fat~+e Ad~a~oea Upoa r~equat br Borrawer. Lender. at I.ender's opcion within twcntr years irom the date oE this
Mortaaae. ma~ make Fucare Ad.anas w Borro~rer. S~ch Fucure Advances. ..ich incerest chereon, shall be secured by chis
Mottaa~e ~rtxn evidenoa! b~ promi~ory noca sncing chat said ~ota ue securcd hereby. Ac no time shall che principal
amount oE t6e iadebudnas sca~red br chis Atort~ase, not including sums advanced in acmrdance herewith to protcct the
xcwit~ ot ~his ltort~e. escecd the original amount of tlie Note plus USi NO1~TE - - - - - - - - - - - - - - - - -
tL ~ek~ Upon paymeat of aU wms secured b~ this Mortgage. Lender shall nleue this Mortgagt rvithout chuge
w So~rmwer. Borrower shall pay all wscs of reoordation. i[ any.
Y3. Atta~s Fera As used ia this ~iortpge and in the Note. "attorne~'s fees" shall indude attorney's Eees. iE any.
which may be a~rarded b~ aa appeUate oourt.
.IN ~VII'I`ESS WHEREOF. BaeaowER has executed this Mortga e.
Signed. seaied- and deiiver~rd - ~ T (Sea~)
in p ce of: ~ RICAARD O, KHA
(Seal)
J S. ART -
~ ~sea~)
(Seal)
STATE OF FLORIDA ~
COUNTY OF MA~tTIN} ~ ~
T6e foregoing instrument was acknowledged before me this 318t day of
~ay jg 78 by RICA~RD O. LOCKHART and JQANNE S..
KE~ART his v~ife ~ ~ ~
:
~~~-r~ ~ r _ .
±4 . ~ _.'~'~~r_ , Natt~ry Public
l - , .u % ~iy comm~ion~~~pi~
. - a ary pu5kt, ~tate ol Fl~tid~ at larq!
i 'I~E OF 'F~.QR~~A My Cou~mission Expues Od. 4, 1980
~ 3= ~ - b...e b A...:r.. h. ~ c......, c..p.,.~ . .
1
` • instrument was acknowledged beEore me this ~ay of
~ ~;f
~~>~n$ 19 b and
, . Y
, respectively,
President and Secretary of ~
a mrporacion, on behalf of che corporation. '
. ,
Not~ry Public .
~iy commission expires:
tsv.a Bdo. 7'~ Iine nese.v~a Fa. I.maer .oa xeco.aQ>
~ s 4?• 85 Fla. Resenue Snmps Retei'ved S 63• in payment of taxes due on
~
Cancdkd on Original ~Iote. -
~ Class "C" Intangible Personal Property pursuant to
~ Chapter 184, Laws of Florida, Acts oE 1971.
~
~ ru caa~ca
~~GK ~AO P~ ~
~