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HomeMy WebLinkAbout0505 c 19. Docrower'~ Risdt to Reinaate. Notwithstandioa Leader': acceleratior? ot the suuu secured br thi~ Alorcga~e. Bor- rower shall have thc right w have any prcxeediugs begu~i by l.ender to enEotce thii ~loctg;ae dixontinutcl at any time prior to entry ot a judgme~t entorcing thu Mortgage iI: Borrower pa~n Lender all sums which would be then due under this Alortgage. che Notc and nota securing Future Advanoa, it any, had no accelera~ion occunecl; (b) Borrower curea aU breacha ot any other co~Ynaau or agreearenu ot Borw~rer conuined in this Martgagc: (c) Borrowcr paya aA reasonable expensa Incurred by Lendet ia enforcing the covenanu aad agreemenu ot Borrorrer co~tainod in this ~tortgage a~d in entoccing Lender's remcdia ss provided in pangraph 18 hereot. induding. but not limiced to. reaso~able atcor~xry's tea: and (d) 8orrowe~ ata such action as Laider may reaanably require to asaure chat the lien ot thls Mortgage. Lender'~ intereu iu the Propertr snd Borrowet': obligation to pay the wms saured br thu Mortgage shaU condnue unimpaired. Upon wch parmeat and cure bp BorroNer. this Mortgage and the obligations ~etured heceby shall remain in tull (orce and etlect u i[. no aoaleratio~ !ud oocurrcd. - ~p. A~ent oi Ren~ Appoiatouat of R~oelrar. As additional iecuriq hereunder. Borrower hereby assigm w I.ender the rents o[ the Psoperir, providcd that Botrower shaU, prior to xoeleration under pangraph 18 hereof or abandon- ment o[ the Propertr. have the right w mllat and reqia such teau ss they beoomc due and paYablt. Upon acoekration under pacagraph 18 hereof or abandonment ot the Propercy. Lender shall be entitlcd to have a re- aiver appointed by a aoutt to encer upon, take pos~estion of aad manage the Property and to collect the rents ot the Prop~ erty. induding tho:e put due All nnts wllected br the reoeiver shall be applied tirst to parnent o[ the cosu ot manage- ment of the Pcopectr a~d oollatan ot rents, iocludiog. but not limited_ to. receiver's (ees, pmniums on receiver's bonds and reasonabk attorne~': [ea. and the~ to the sums secured by this Mongaga The receiver shall be liable to amount onl~ for those nncs actualtp received. ~ - 31. Fntnre Ad~anaa Upon requat by Borm~rer, Lender. at Let?der's option rviU~in twenty Ycan from the date oE thu Mortgage. may make Future Advances to Borrower. Suth Futute Advances. with intereat thercon, shall be secured by thia Mortgage when evidenced 6~ nraais~ory ~oca stating that uid nota are secured hereby. At no time shaU the pri~cipal , amonat of the indebtednas secured by thit Aiorcgage, not including sums advanced in accordance herewich co protat the oi tha Mongagc. exceed the original amount o[ the Noce plus US~ NONIE----------'----------'---- ~~~~1'Retea~ Upon parment oE aU :ums secumf by chis Mortgage, Lender shall release tliis Mortgage without charge tp ]f qt~p~r~? .$orrower shall pa7 all costs of recordation. if an~. ~ '~Attospe~'s.Fcea As wed i~ thu \iortgage and in the Note. "attorne~s tees" shall indude attorney's (ees, it any. ?~~~aiay.bt awarded br an appellate cour~ . ~ ~ •~IN `(Vl7'19~SS WHEREOF. BORROWER t1aS CXCCLitCd this Mortgage. ~t V Y- NS'fR ON, IN . Si td. s~aled and delivered ~ _(Seal) = VI R GEO GE ~ , in presence of: , ~ (Seal) VI NIA GEORGEFF ARY (Seal) (Seal) STATE OF FLORIDA • COUNTY OF ~ The foregoing instrument was acknowledged before me this ~ day of , 19 by (seal) . - :\oury Public ~iy commission expirrs: i STATE OF FLORIDA j COUNTY OF MARTIN ~ ~ The foregoing instrument was acknowledged before me this lst day of ! December ~ lgZ$_by , VIC10R GEORGEFF _-g~ ~ . ~ ~ ~ President and VIRGINIA GEnu(~ .FF Secretary a Florida ~ corporation, on behalE ~f the m on. % ~ . . • ~ ~~"r; . romr ~ ~ty mmission e ires: ~ r- Nel~:,, . . u, _ i L.J~CiliTllfSfW) ~if@1 SPP!- 1~. : s-'' i . ' ~ (Sp~CQ BEjO~? ~b ~O! ~ pOf TlDd1!i RlCO~'dQ) 248.00 ' in a ent of taxa due on ~ ; 186.00 Fli. Revenue Stamps Received S P Ym ~ Cancelled on Original Note. { Class "C" Intangible Personal Property pursuant to ~ Chapter 134, Laws of Florida, Acts oE 1971. ~ ~ ~ ~ ru cau~o~ ~ ~ ~ ~ ~ - BOJK ~t7~7 PA6E ~O~ ~ , - ~ _ I r+~ .S }S~^K~-~ - C' t,JKS',ir~ T' _ < . . , r ^2.< e'~i' ~~~~°~~,._.~C a ~ ~ . ~n.'lkz~~r