HomeMy WebLinkAbout0955 p~ to entry ot a ju~neat enforcinj this Mor[p~e it: (a) Bonowcr pays Lender aU wa~ which would be t6ea due ~
this Mon~ase, tbe Note and tata ~ecurin` Futuro Advanc~s~ iI any. had ao aoaluation occurrcd; (b) Aorrower cures
all breacl~ ot aay other covonaa4 or ajramenv of BoROwe~ coaained ia this Mortp~e; (c) Bomower pays all cwwaable
expec~as incutred by Lende~ io eatorcias tha oovenants and asreemeau ot Borrowet contained in tbis Mortja~e aad in
entorcir~ I.ender's remedia as provided in pani=rsph 18 heroof. iacludins. but not limitod to. ressoaaWe attorney's tees; and
(d) Horrower aka wch action as L,ende~ may reasonably requiro to aswre that the liea ot this Mortpse. Lender's interat
in tha P~operty and Borrower's obliptioa w pay the tums securod by this Mortp~e sball oontiaue unimpaired. Upoa such
paYma?t ana curo by lbmower. this Mortp~e aad the obl~ptions seaired hetoby sball rems,n ~n [ull [oroe aau etiect as ii
ao acceleration h~d occurred.
20. A~t d Redq A~d ut Receiver. As additional ~ocuricy hereunck~. Borrower heraby assi~us a
Lende~ t!p rents ot the Property. provided thst Bormwer ahall. prior to sccekratioe uade~ pua~sph 18 he~eot or abandon-
ment ot the Pt~operty. hava the ri~ht to oollect and retain such rents as they become due and payabk.
Upon acoekration uader paragnph 18 bereof or abandonmer~t of tbe Property. I.eader shap be eatitled to bsve a
roceiver appointed by a court to enter upoa. talca po:sessioa of aod mana~e tbe Property and to colkct the renb of tbe
Propeny, includia= tho~e past due. Ail rents collectod by the receiver shall be applied Qrst to payment of tba cotts of
management of the Property aad collcction of .n~ts. including. but not limited to. roceiver's fea. premiums on raeiver's
bonds aad reaaQnable attoraay's fees. a~ then to the surtu secured by this Mort~a~e. The rooeiver shdl be liabk W ac~ount
only for those reab utually roceivod. -
21. F~trre A~d~a~ep. Upon request by Borrower, Lender. at Lender's option withia tweaty yeus fran the date of this .
Mortp~e. may make Future Advanoa to Borrower. Sticb Future Advanca. with interat thereon. shall be secured by this
Mortp~e when evideaoed by promissory notes statin~ that said ~otes are socured I~ereby. At ao time sball the principal
amouat of the indebtedness secuted by this Mongage. not includiaa sums advanced in aooordanoe herewith to protect the
security of this Mort~a~e, exceed the ori~inal amount of the Note plus USS..~~"'-"..
22. Rsieare. Upon pay~mnt of aU sums securod by this Mort~age. Lender shall rekise this Mort~e w[tbout cbar=e
to Botrower. Barrrnver shall p~y aU cvs~ of recordation. if aay.
23. Attorsey's F~n. As used in this Mongage and in the Note, "attorney's fea" a6all ioclude attomey's fea. if any,
vrhich mav !~e :warded bv an annellate court. ~
IN WITNESS WHERBOF. Borrower has executed this Mortgage.
Signod, aealed and delivered
in the preaencx of:
1 V IJ'M ~ -
. . .....(Seal)
. J. •PENELi.O ~ -aarow~.
.l~:...~. .~~~d.-.«,
' no ~ r~iio
$TATE OP FI.O1tIDA . . . . . . . . . . . . . . . S~ 1. ~~e . . . . . . . . . . . . . . . County aa:
I hereby certify that on this day, before me, an off'icer duly autboriuud in the state aforesaid and in the county
aforesaid to take acknowledgements~ personally appeared. ...~4~. ~r. ~~~A. RRd .~0$IS. R.. R~O.. .
. . . . . . .b~~. Y~.~~ . . . . . . . . . . . . . . . . . . to me known W be the peison(s) described in and w6o exe.cuted the
, foregoing instrument and acknowledged before me that ....Kb~y. esocuted the aame for the ~purpose thenin
exprGSSed. ,
I~
f W~sNess my hand and o~cial seal in the county and state aforesaid thia. . . . . . . .24~. . . . . . :..~1~t !of.
. . . . . . .~4Y~~x . . . . . . . . . . . . . . . 19.7.$ . . ' • • '
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