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HomeMy WebLinkAbout0808 , ~ prio: toentry of a judgment entorcing this Mortgage if: (a) Borrower pays I.ender all sums which would be then due under [ this Mort~age, the Note and notes securin~ Futurc Advances, i( any. had no ~cceleration occu~rcd; (b) Borrower cures 3 al1 brcuhes of any othe~ rnveaa~ts or ~grcemtnts of 8orrower eontained in lhis Mortgago; (c) Rorrower pays all reasonable ` expenses incurred by l,ender in eatorcin~ the covenants a~d agreements of 8orrower co~tained in this Mongage and in enforcing Le~du's remedia as provided io paragraph 18 hercof, incluciing. but not limited to. reasonable attorney's fees; and t (d) Borrowet takes such action as l.ender may [easo~ably requirc to assure that the lien of this Mortgage~ Lende~'s intereat in the Property and Borrower'a obligation to Ray the sums securcd F~y this Martgage shall continue unimpaired. Upon such _ payment and curc by Bormwer, this Mongage and the obligations secured hereby shall rcmain in tu0 force and etiect u it ~ [ no acce ~a roa a . 29. Ass~nmeM ~ Realr, Appolatmeaf of Receirer. As additional xcurity heneunder. $orrower hereby acsigns to ; Lende~ the rcnts of the Property, provided lhat Bo~rower shall, prior to acceloration under parag~aph 18 hereof or abandon- ~ ment of the Aroperty, have the right to collect and retain such rents as they become due and payabk. ~ Upon acctleratioo under paragraph 18 heroof ~r abandanment of the Properiy, I.ender shall be entitled to have a rcceiver appointed by .a coun to enter upon, take possession of and manage the Pmpe~ty and to collect the rents of the t Property. including those past due. All rents collected by the rcceiver shall be applied first to payment of the costs of ~ management of the Property and colleetion of rcnts, including, but not limited to, receive~ s fces: premiums on receiver's Iwnds and reasonable attorncy's fces. and thcn to the sums securcd by this Mortgage. The receiver shall be iiable to account onty for those r~nts actually received. : 21. Future Advaeces. Upon request by Borrower, l.ende~, at Lender's option within twenty years from the date of this ~ Mortgage. may make Futuro Advances to Borrower. Such Future Advanca, with inte~est thercon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are seeured hereby. At no time shall the principal ~ amouat of the indebtedness secured by this Mortgagt, not including sums advanced in accordance herewith to protcct the secnrity of this Morfga~te. excesd the originat amount of the Note plus USS . . . . . . . . . . . . . . . . . . . . . . . . . . . , . ~ 22. Rdeare. Upan paymeat of a11 sums secured by this Mortgage, Lende~ shall release this Mortgage withaut charge to Borrower. Borrower shall pay all costs of recordation. if any. 23. Attoroey's Fees. As used~ in this Mortgage and in the Note, "attorney's fecs" shall include attorney's fces. if any, which may be awvrded by an appellate court. IN WITNESS WHEREOF, Burrower has executed this Mortgage. Signed, sealed and delivere ~ in tbe presence of: - . . :r.~.~:. . ~ . cs~a~ JAI~S E. PRICE - ~OfO1Nft . ~ . . . . h.~.l~ti~.:~:. 1•`:..,.-~:!~t.~: .(Seat) ` --e~.~ DOLORES A. PRICE STATE OF FLORIDA, . . . . . P$~ ~~$C~? . . . . . . . . . . . . . . . . . . . . . . . . COUAty S5: . . I hereby certify that on this day, before mc, an ofticer duty authorized in the state aforesaid and in the county aforesaid to take acknowledgements, pcrsonally appeared J~S, E., PRICE, and DOI.Q~S, ,~R~~~,, , ~ wife, , , , , , , , , , , , , , , , , , , _ _ , , , , ,,.to me known to be the person(s) described in and who executed the ; foregoing instrument and acknowledged before me that. .they. ,_,,,,.executed the same for the purpose therein t eapc+essed. ~ : W~TxESS my hand and official seal in the caunty and state aforesaid this. . . . . . . . J . . . . . . , . .day of . . . . . . . . . . . : . . .~1~~_ . . . . . 19. . ; , F•~ ~ My Commission expu~es: ` ~ , ~ • - . - . ~ ' ~ . , [s..n . . . . . . . . . . . . . . . . . . rioan Pua~c . . . _ . . . . . . . . : . . . _ ~ R~;+ C' . . b.~.d t~ n.-_: , , t • - - - . ~ . - • - , coc„a~~~/ - ~ . . ~ /9 (Spaoe BslOw This Line Reservld For LenEer snd RltOrder) # ~ ~ . ~ FILEO ltH~ RECC=~ ~E!~ . ST. LLCti COUNit f~A. ~ 4 EO"vER f~STP,t^ ~ " f:;f'.'."' ^ . . i . . _ . _ . . ~ v',•~ ! ~ 5~! :~1~ ~?r ~ + ~ ~ ~ . # ~ ~#0~7'~'4~# . ~ ~ . ~ ,°aooK ZSq ~9Q - - _ _ ~ i 4 , ~ ~ , k ~ - ~ ~ ~ " - ~ ~ . Y s. ~ > . :