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HomeMy WebLinkAbout0075 . . prior to entry ot a judgment enforcing this Mortgage if: (a) Borrower pays I.ender all sums which would be then due under this Mortgage, the Note and notes securing Future Advanca, it any. had no acceleration occurred; (b) Borrower cures all breaches ot any other covenants o~ agreements of Borrower contai~ed in this Mortgage; (c) Borrower pays all reasonable expenses incurrod by I.eader in enforcing the cove~ants and agreements of Borrower contained in this Mortgage and in eaforcing Lender i remodies u provided in pangraph 18 hereof, iacluding. but not limited to, reasonable attorney's feas: and (d) Bonower takes such action u Le,nder may reasonably require to assure that the lien of this Mortga~e. Lender's iaterest in the Propeny and Borrower's obligation to pay the sums securcd by this Mortgage shall continue unimpaired. Upon such payment and cure by Borrowtr, this Mortgage and the obligations secured hereby shall remai~ in full force and eBcet as if no acceleration had occurred. ' 20. A~omeat of Reatsz AppoiMmeat of Receirer. As additional xcurity hercunckr. Borrower hereby assigns to Lender the rents of the Property. provided that Borrower shall, prior to acceleration under parag~aph 18 hereof or abandon- ment of the Propeny. have the right to collect and retain such rents as they bocome due and payable: Upon acceleration under paragraph 18 hereof or abandonment of the Propecty, l.ender shall be enatled to have a _f recerver appointed by a court to enter upon, take possession oJ and manage l'IIC CfOpCfly SIIU tU WIiC~;i u~d ituiS v~ iui. Property, including tho~ past due. All rents collected by the receiver shall be applied first ta payment of the costs of management of the Property and collectio~ of rents, including, but not limited to. receiver's fees, premiums on receiver's bonds and reasonable attorney's fces, and then to the sums secured by this Mortgage• The roceiver shall be liable to account only for those rcnts actually ~eceived. _ 21. Futwe Advances. Upon requcst by Borrower, Ixnder, at Lender's option within twenty years fmm the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest theroon, shall be secured by this Martgage when evidenced by promissory notes stating that said nota are secured hereby. At no time shall the principal amount of the indebtedness securcd by this Mortgage. not including sums advanced i~ accordance herewith to prptect the ~ security of this Mortgagt, exceed the original amount of the Note plus USS- • • • • • • - • - • • • • • • 22. Releaee. Upon payment of all sums secured by this Mortgage, I.ender shall release this Mortgage without charge to Borrowor. Borrower shall pay all coats of recordation, ii any. 23. Attoroey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's foes. if any. which may be awarded by an appellate court. • IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and deliveced in the presence of: ~ ~Cca~ I • G~M l.ti`--- . . . . . . . . . . . . . . . . . ~ WC~~. . . . . . . . . _ . . . . . . . . (Se~l) . . . . 'p ' ~,''ii1~1t -8orrow., ~ ~ ~ ~y, ~ - . ~ . . . . . . . . . . . . . . . . ~f- . . . . . . . : . . . . . ~.L~"'~~ A~ . . . . . . . . . . . . .~~ow ) STATE OF FLORIDA . . . . . . . . . . . . . . . SC. Iucie , , , , ,County ss: _ 1 hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared p~L, P.. WAI.KER. and, ,L',THEL, A. _ WA~1~R, , , , I~i,r ,w~fe, , , , , , , , , , , , , , , , , , , , , , , ~a 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 purpoee therein , eapressed. l~•' ~ . ' 3 • ' I~ ' ` 111111u!U/~~ . i • W~TrtESS my hand and official seal in the county nd state aforesaid this. ........10~.~: t.~~:t~,~:.~:%u.til~y,~bf f . . . . . ..~4Y~~~4 . . . . . . . 19 . . • c-~ ' • ~ ~ ~ My Commission eapires: . . . . . . . . . . . . . . . . . . . ~ ~ , . ~ ~ ~ _ W.;. NoUry p~p~iC ' ~ _ - v , . SZ . , ~ • ~ ~~r''~~,:.,;l, : (Sp~oe Bdow TAis LiM R~s~rvW FO~ Lend~r snd R~cordeh ~ ~ ~ i ~ 9 r ~ ~ ~ ~ . bo~K 298 F~~~ 7~ ~ . ~ . ~ ~ ~ ~ ~ ~ ~ , a - - - _ _ . ~ ~ _ - ~a _ . . , _ .