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HomeMy WebLinkAbout0743 19. Borrowe~'s Right to Reinstate. Notwithstandinq Lender's accelention o[ the sums securcd by this \lortqage, Bor- «,we~ shall have the right to ha~•e any prcxcediuRs brgun by I.endrr ta e»forcc this ~lortqaqe discoutinurcl at any tia~t prior to entry of a judRmcnt entorcing this ~tottgage it: (a) Bor~uwer pays l.endt~ aU sums which woulcl lx ttirn due under - thii \lortgagt. tht Note and notrs securing Futurc Ad~•ances. it anr, had no acceleration cxcurrect: (b) Bo~ruwer cures ~ll breachcs of any other co~~enaou or ag~~ements ot Borrowet contained. in this ~fortgage: (c) Borrower pa~s aU reasonable c~penses incurred by l.ender in entorcing the covenants and agreecmnts o[ Borrower contained in this ~fottgage and in enforcing Lendec's remedia as provided i~ paragraph 18 hereot, including, but not limited to, reasonable attorney's iees; and (d) Borrower takes such action as Lende~ may reaso~ubly require to assure that the lien of ihis ~fortgage, lxnder's interest in the Property and Borrower's obligation to pay the sums secured by this \ior~gage shaU contin~e unimpairecl. Upon such payment and cute by Borrower, this ~fortgage and thc obligations secured herebr shall remain in [uU force aud et[ect as if no acceleration had occurred. 20. Asignmeat of Ren~ Appointmenc of Recefrer. As additional security hereunder. Borrower hereby assigns to Lendet the renu ot the Property, pro~•ided that Borrower shall, prior to accelcration under paragraph 18 herro[ or abandon- ment o[ the Pcoperty, ha~•e the right to collect and retain such tenu as they become due and payable. Upon atteleration under pangraph 18 hereo( or abando~meat oi the Property. Lender shali be entitled to ha~e a re- cei~•er a~pointeci by a court to enter upan, take ~ssession af and manage the PropettY and to collect che rents of the Pmp- erty, including those past due. All rents collated by the receiver shall be applied fint to payment ot the costs o[ managa ment of the Property and collection o[ rents, including, but not limited to, receiver's tces, premiums on recei~•er's bond: and reasonable attorners [ees, and then to the sums secured by this Mortgage. The recei~•er shall be liable to account only tor thuse rents actuallr retei~•ed. 21. ~Lture Advances. Upon requat by Bonower, Lender, at Lender's option Nithio twenty years (rom the dat~ of this \tortgage, m~y make ~ture Ad~•anca to Borrower. Such Future Advances, with interest thereon, shall be secured by this ~tortgage when evidenced by pramissory notes stating that said notes are secured hereby. At no time shall the pri~cipal amount ot the indebtedness secured by this 4tortgage, not including sums ad~anted in accordance herewith to protect the security ot this lfortgage, exceed the original amount of the Note plus US$ j~QNE-------------------~--~ 22. Release. Upon pa}Tnent of all sums secured by this Mortgage, Lender shall release this ~lortgage M ithout charqe to Borrower. Botrower shall pay all costs of recordation. if any. 23. Attorne~s Fees. As used in this \fortgaqe and i~ the Note, °attorney's fees" shall include attorney's fees, if any, which may be awarded by an appellaee court. Inr ~Vir~ESS WHEREOF. BORROWER has executed this Mortgag . Signed, sealed and deiiverrd e (Seal) ' the presence of: H ERT C. AN TETT II ~ ~ • (Seal) CHERYL ANSTETT ~ (Seal) ~ - ' (Seal) S'~',~1~"~, ~`~Q'Fr:~I.ORIDA ~Q~55~~F~t ~,?QF MARTIN ~ ss. ; _y • ~~t~~~es~oin~ instrument ~vas ackno«ledged before me this 10tt, day of ~ . , 19~$_by S I - . :~~~~~r~~~-~ J • ~ " ; ~ , ~a ~ ' 'f~.. - ' ~1} commissio~ e r NEW YORK ~,aT„~'d~,~t n~~ cE aoeia? ~T w~ STATE OF R~ ' MY COh• k~ss~oN E~IR~ NOV • ~9 1981 ~ COIJI~TY OFl~({ESl'C~jEi~ to~m:~ ,H~cu c,~r~t ws. tMOERwiut~s ~ /aZ day of ~ The foregoing instrument t~as ackno~vledged before me this ~ F November , 1978 by Cheryl A. Anstett ,sx~t ~ ~ t ~ . ~ ~ /1. ~ ~ lt.., ~ r, !,q_~~jt'~,- • l~t .2~~A. /~'y Nw~r> Pufilic ~ ~ pr~'t: ~fy mission expires: • . - ~o.~r~ C~~~~,~.t=! ~ f~OeO ~ P1GCJf/ rc'v i. 'iCrK C ' ~:7. f.' : ) ~ ~~J 8 j. y1 . ' Ql'1!;f:C1 i;~•:~Y' ~ ; Term ExN~res t~;:c:i 3:?. 1~..~~ ~ ' n~'•.~ - . ~ •.`s_,_.....•''=.•~ y,`.' r:~`` I Space Bebm 7'hu line Rexrved For Lendn aod Rtcorder ) ~ ~~'~~~.ne.:::ir~ . ~ S 72.00 Fla. Recenue Stamps Recei~•ed $ 96.00 in pa~vnent of taxes due on ~ Cancelled on Original :~ote. - Class "G" Intangible .Yersnnal Propert}• pursuant to ~flil~irc iJ'i, ievr5 vi iiGYiue, ~iL3 f3i ~~~j. ~ ti Y r t ~ ' Tu Collecior ~ ~ ~ ~ ° R 298 ~ "?43 ~ BOOK ~ ~ ~ i ~ : . ~ ~ ' _ ` I I . x~I ~ys~.. r ~-~"'~-r~„_ r f . ~ . _ ~ ~i - . _ ra,~._; _:;i _