HomeMy WebLinkAbout0144 prior to entry of a judament eatorcing this Monp~e it: (a) 8orrower psn Lende~ all sums which wauld be thert due under
this Mortgage, tbe Note and nota ~curina Future Advanoes, if any. had ao aoakratioa occurred; (b) Borrower curca '
all breaches of sny otber covquQu or a~oemen~ ot Hormwe~ contained in this Mortpae; (c) Borrower pays all reasonable
expenses iucumed by l.ender in. eatorcina the oovenagts and a~reements of Borro~wet oontain~d ia this MoNp~e and in
enforciag Lender's remedia as provided in paaaraph 18 heteof. includi~g. but not limitod to. rcasonabk attorney's Iea: and
(d) B°R°w'er takes such action sa Lender may n;asonabty rcquire to auure tl~at tbe liea o[ th~ Mortaa~a. Leade~'s interat
in the Pmperty and Bormwe~'s obligation to pay the wms secured by this Mortda~e shali oontiaue unimpaired. Upon such ~
paYment aad cur~e by Borrower, this Mortgage and the obligatio~s secural bereby at~all rcmaia ia full toroe aad effact as i[
ao accekration bad occurred. . ~
20. Aaidp~e~t of Rep~ A i
ppl~toe~t ot Reeeirer. As additional security he~+eunds~. Horroww hereby usigns to
I-e~de~ tbe rents of the Property. providod that Bomower shall, prior to acoekratioa under paraaraph 18 hereof or abandon-
ment of the Pmperty. have the right to collect and retain such re^!~ as t6ey becoa~ due and payable. -
_ UQon accekra6on under_-pai~8m~-18 herenf .orsb~andoament of . the Property, LeAde~ shall be endtled to have s
receiver appoiated by a oourt to enter upon. take possession of and manage the Property and to oolkct the nntt of tlx
Property, includiaa those past due. AI! rents collxted by the reoeive~ shall be applied first to payment of t!x costs of . '
management of the Property and collection of rents. includina. but not limited to. receiver's foes. premiums on roceiver's ;
bonds aed reasooabk attomey's fces, and then to the sums socured by this Mortgage. The roceivw shall be liable to account ~
only for thase renb actualty`rfeceived.
21• Fw~ee Ad~a~cis. Upon r+oquest by Borrower, Lender, at l.ender's option withio twenty years from the dafe of this '
Mortgage. may make Future Advarkes ta Borrower. Such Future Advanoes, with interest thereon, shall be secured by this ~
Mongage when evidet~ced by promissory notes stating that said notes arc securcd l~ereby. At no time shall the principal
amount of the indebtodnest secured by this Mongage. not including sums advanced in aooordanoe herewith to prWect the
StCUrll~/ Of tf11S M011$a$C, CXCCI'd [hC Ori$IOaI 3111WDt Of t11C NOIC PIuS US=. n~ r.~ r.-~ r.~ r.z r.
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Yl. Rdease. Upqa payment of all wms socurod by th~ Mortaage. Lcader shall rck~se t6is Mortgage witbout charge
to Borrowe~. Bormwer shaU p~y a0 costs of recordatan. if a~y.
23. Attoroey'~ Fep. As used in this Mongage and in the Note. "attomey's foa" shall include attorney's feas, if any~
which may be awudod by an appellate coun. ~
IN WI'fNESS WHEREOF~ Borrower has executed this Mortgagc. ~
Signed, sealed and delivered .
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in the Dresence of: ~ ~
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. . . .,...........(Seal) ;
L i nde 1 Kong
. . . . . : . . . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~ . . . . . . . . . . . . . cs~~
,
Sh•i.r 1 ey Kong ~ ~ -~OfO1M"~ `
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S1'ATE OF FLORIDA, . . . . . . . . . DAQ E . . . . . . . . . . . . . . . . . . . . . . . . . .County ss: .
. I hereby certify that on this day, before me, an officer duly a~thorizcd in the state aforesaid and in the county
atoresaid to talce acknowledgements, personally appeared. ..L Jnde.l l..Kon.g . a.nd. .Sb.i.r. l eK . Ko~9., .
. . I~.i.s . ~t i f.E, . . . . . . . . . . . . . . . . . . . . . to me tnown to be the person(s) described in and who executod the
foregoing inswment and acknowledged betore me ihat. ...t h~X .....eaecuted t6e same for the purpose t~erein
.
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