HomeMy WebLinkAbout0557 . ~
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prior to entry of a jud~meat eaforcinj tha Mortsaje if: (a) Bor~owat pays Lende~ aIl :ums which wouid be tl~en due uader ~
tAit Moct~s~e, the Note aad aotes ~curin~ Futun Advaaoes, i[ any. had ao avoekration occurred; (b) .~onower cura ~
all brcacl~ of any o!l~tr oovenants o~ asroementt of Borcower coataiaed in this Monp~e; (c) Borrower pays ali ra~sonaWe f
expen~s iocurrod by LeAder ia aafw~cin~ tbe ooveaanb and asreements of Hormaer coatained ia tha Mort~e snd ia
eatorcias Leoder's rexnedies a= provided in parap~aph 18 hereot. includins. but not limited to. resaoaaWe attomey"~ tees: and
(d) Borrower Wca such action at L~eade~ may rcasonaWy requir+e to auure that tbe lien of this Mort=a~e, Laider's interest
in tbe Property and Bormwer~f Obll$it1011 l0 p!y t~G tllfllt SCCqf~ by tlllf MOitSi~C tI1iII OOIfIIAUE WURI~II~Cd. UpOD illCtl
paymmt and cun by Borrower. this Mortpge aad the obliqtions seoured hereby sball remaia in full toroe and eHect u if
ao accekratioa had ocxvrred. ~ - .
20. Aad~est ot RaNt~ A~o6~e4t of RecNrer. As additional security hereunder, Borrower hsnby assi~ to
Lender the rents of tha Prope~ty. provided that Borrowe~ shall, prior to aoceleration unde~ pua~raph 18 hereof or abandoo-
ment of the Property. have the ri~bt to colkct aad rctain such rents as they become due and payabk.
Upon aooeleation under paragraph 18 l~eroof or abaodonment of the Property. Lender sluU be eatitled to have a
receiver ~ppointod by a court to eater upon, take possassion of And manage the Property and to colkct the nnb of the
Property. including those past due. All renu colloeted by the re~eiver shall be applied 6rst to payment of tbe cosb of
management of the Property and coltection of rents, including, but not limited to. roceiver's fea. precniums on roceiver's ~
bonds aad reasonabk attoraey's fea. and then to tNe sums socurod by this Mortgage. 'i~e receiver shall be liabk to socoant ~ ~
onty for tboae reats actwlly received. . ~
21. Fwrre Adva~ca. Upoa request by Borrower, Leader, at Lender's option withio twenty years from the date of this ~
Mortgage~ may malce Future Advances to Borrower. Such Futun Advances. with iaterat thereon, shall be secured by this
Mortgage wben evideaced by promissory nota stati~g that said notes ar~e secured tKteby. At no time shail the priacipal
artwuat of the ~ndebtalness secure~ by this Mortgage. not including sunu advaaced in accordance herewith to pmtect the
security of this Mortgage, exceed the original amount of the Note plua US!"""~ . . . . . . . . . . . . . . . . .
22. Rdare. Upon payment of all sums xcured by this Mortgage, Lende~ shall relesse this Mortgage witl~out charge
to Borrower. Borrower shall pay alI coats of recordation. if any.
23. Attoreey's Fea. As used in this Mortgage and in the Note. "attorney's fecs" shall include attorney's feea, if aay,
which may be awarded by an appellate coun.
IN W/ITNESS WHEREOF, Borrower has executed this Martgage.
Signed, sealed and delivered
in the presence of: • ~ , -
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N wv~cs~.~ ~ ' Z, 1~ CC~
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~ ROS TU2ZOI~.~II~d~O V. _8
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STATE OF FLORIDA, . . . . . . . . . . . BiOWSrd. . . . . . . . . . . . . . . . . . .CAtiIlt~l SS:
I hereby certify that on this day. before me, an o8'icer duly authorized in the state aforesaid and in the county
a[ore.gaid to take aclcnowledgements, pe~sonaily appeared. .S1~E~[F.(~. ~'.[I~~Q~NQ ~d .~?S~. ~~Qk~Q,. . . .
K~~~ to me Icnown to be t6e person(s) described in and who executed the
foregoing inswment and acknow[edged before me that. ..~h6Y. ......eaocuted the same for the purpose therein
expressed.
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Wttx~ss my hand and official seal ia the county and state aforesaid this. . . . . . 2$Zh . . . . . . . . .day of `
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(SP~os BNow TDis LiM Rts~rwd For lend~r snd R~oade~
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