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HomeMy WebLinkAbout0124 prior to enlry of a judgment enforcing this Mottga~te if : t a) Borrower pays l.ender all sums which would t~e then due under this MortgaRe, the Note and notes securing Future Advances, if any, had ~o acceleration occurred: Ib) Borrower cures all breaches of any other covenants or agreements of Barrowu cantained in this Mortgage; (c) Borrower pays all reasonable oxpe~sa incurred by Lende~ in e~forLting the covena~ts and agrcements of Borrower contained in this Mortgage and i~ enforcing l.ender's remedies as provided in paragraph 18 Aereof, including, but ~wt limited to, rcasonable attorney's tets; and (d) Borrower takes such action as l.ender may reasonably requirc to assure that the lie~ of this Mortgage. Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaircd. Upon such payment and curc by Borrower. this Mortgage and the obligations secured hereby shall rcmain in full force and effect as i[ no acceleration had oceurred. 20. A.dgnmeet ot Rents; Appoiatmeaf ot Recelver. As additional securi~y hereunder, Borrower hereby assig~s to l.rnder the rents of thr Property, provideJ that Bormwer shall, prior to acceleration under paragraph 18 hercof or abandon- ment of the Property, have the righ~ to collec~ and ~etain such rents u t6ey become due and payable. Upo~ acceleration under parag~aph IR hereof or abandonment of the Property, Lender shall bc entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property a~d to collect the rents of the Property, including those_past due. All rents collecteJ by the receiver shall be applied first to payment of the costs of maoagement of the Property and collection of rents, including, but not limited to, rereiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. 21. Fnture Advances. Upon request by Borrowcr, l.ender, at I.ender s optian within twenty years from the date of this Mortgage, may make Future Advances to Borrawer. Such Future Advances, with interest thereo~, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no tim~ shall•the principal amount ot the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect ihe sec~rity of this Mortgage, exceed the original amount of the Note plus USS • • ' ' ' ' ' ' ' - ' 22. Rekase. Upan payment of all sums securecl by this Mortgage, Lender shall release this Mortgage without charge to Bocrower. Borrower shall pay all costs of recordation, if any. 23. Attoraey's Fees. As used in this Mortgagc and in the Notc. "attorncy's fees" shall include attorney's fees, if any. which may be awanled by an appell~te court. TN WITNESS WlIEREOF, Borrowcr has czccutcd this Mortgagc. Signed. sealed and detivered in thc Drescnce of: . wS.. . . . . . . . . . . . • • • • ~ d~!C%lw~e.Q/L!. . . . . . . (Seal) . ~ Wi 11 iam L. Koerner . ..~..:1.L-.'~.~I?2t . ~'~l~:~V ~?'L:2f: . . . . . . . . . . . . . . . . . . . . . . . . . . (Seal) uc i 1 1 e M. Koerner S'tAT E OF FI.ORIDA, . . . . . . .S~ L . . _ L u G i e . . . . . . . . . . . . . . . . . . . . . . County ss: ~ I hereby certify that on this day, before mr, an officer duly authoriud in the state aforesaid and in the county aforesaid to take acknuwledgements, pcrsonally appeared....le1.i.L1.i.am..l...Koe,r.o~r..and..lu~i]_l.e.. i H...Ko e.r. n e.r. h i s. .w i.f.e to me known to tx the person( s) described in and who exccuted thc ! ioregoing instrument and acknowledgcd before me that t he y. ..executcd thc same for the purpose therein ~ eapressed. ~ ~ E ~ ; W~TNess my hand and official seal in the county and state aforesaid this. ........24.th. .day of ~ ..........lu].y~ 19. s' ~ My~o~h'?is,gion exp~res: . ~~:!"-~1~. . ~ ~ - ` . . , , . . . . . . . . . . . . . . . . . . . . . . . . ~ _ • ~_''t5~:p Nocary Pubr,c : : ~ ; ~ ;d ~ -Z -f' MJ'.~~.t F~_~IC STATc pF FLGRiDA r ~ ~ _ xr co~.~s:ss:o~ ocru~~s eaa:.eH 7~~~ . ` . ~ _ r` ~ . . i , ' - _ .I ~ ~ (Spsce Below This Line Reserved Fo~ Lender arW RecwOer) ~ . ~ ~ ~ .:3 - DS,bE~ f/OIN+OI~ '3~2i31d 1!!O~ - f ~ AMO tECqRDED ~ 3f1N3AV 3JNV2i0 LtLZ :~~C~E COUNTY flA. ~ - J~NbdWO~ 3~NbaflSNl 31111 O~V~IH~ aocEa PoiTR~s CIEpK CtRCU~~`COURT ..r--i--~ y~.~+F1EG~----- ` Auc 9 II ae AN'18 f~= ~ 4129 ~ ~ . ~ ~ ~ , _ G 292 ~A~E ~,24 ; tuo?c . . ~ ' _ ~ _ F ~ , : f4 : ~ Y .~„~r ~~.ci 3^ "L ~„'.Jp. ~ t~,~~., N-ad. >q"`~ r`~' -r _±,v ~ ; ~.sr' /~ci~ a-~ - ~~5~r . . . ~ ~~s i . .