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prior to entry of a judpaent eaforcin~ ~ha Mortpge if: (a) Borrowet pa}~ i.ende~ all sums which would be tben due uader ~
this Mortgaae, the Nota aed ~ota securint Fucure Advances. it any, had no acoekntion occu~rod; fb) Bo~mwror cuns {
all b?eacha oi;ny othe~ covenants or apnemeots of Borrowe~ co~ttainod in this Mort~a~e; (c) 8orrowe~ pa~ys all reasonable t
expenses incurred.by Lender in entorcing thie covenaqts and a~amenb of Sorrowet cootained in thit Mortp=e and ia f
eo[orcina Lende~•s remedia as provided in paraaraph 18 hrreot._includins. but aM limited to. reasonabb attornayy iee~: and r
(d) Borrower takes wch action aa Lende~ may reasonably require to a~uurc that the lien o[ th~ Mortp~e. [.e~dee's iaterest
i~ the Property and Borrower's obli~tion to pRy the sums socured by thi~ Mortpar shal) oontinue unimpaired. Upon such
~ymrnt and cure by Borrov?er, this Mort~age and the obligations secured hereby shall rcmaia in fuil toroe and eRect as i[
~ no acceleration had occurtrd.
20• A~d~~une~t d Re~ Appoiate~nt ot Recei.er. As additiond security hoteu~der, Bo~mwer heroby assi~ru t~
~ende~ the rcnts of the Property, pr~ovided thzt Homower shall. prior to sccekntion under parsjnph 18 heteof or abandon-
ment of the Aroperty. have the right to collect and retain such rentt at t6ey become due and payable.
Upon accdendo~ under paragraph 18 heroof or abandortme~t of the Property.' I~ec~der shatl be entitled to have a
rcceive,r appointat by a coutt to enter. upon. take possession of and manag~e the Property and to colket tlie rcnts of tbe
Property. includina tAase past due. All rrnts rnllceted by the raeiver shall be apptied flrst to payment ot tbe casts of
management of the Propetty and rnllection of rents. it~cluding, but not limited to. receiver's fea. pt+emiums on teceiver's .
6onds and rcasonabk attorney i fas. and then to the aums socurod by thia Mortgag~. Tbe rxeiver shatl be tiaWe to acoount .
only [or those rents actualty rcceived. -
21. ~t~re Airs~ress. Upon requat by Borrower. Lender. at Le~de~'s option within twenty yean fmm the date of this
Mortgage, may make Future Adva~ca to Bormwer. S~h Future Advanves, with interest theroon. shaN be secored by this
Morta,age when evidcnoed by promissory notes stating that said notes are socured hercby. At nb tim~ shall tbt priacipal
amou~t of the indedtod~ess secured by ihis Mortgage. not includina sums advanood in aooordana her~wit6 to protect the
security of this Mortgaae. exoad the original amouot of the Note plus USt----`-------':.
22. Rdea~e. Upcia paymoot of all swns secured by this Mortgage. l.ender shall relesse this Mort~age without charge
to Borrovver. Borrovrer shall pay alt coats of rocordation, i[ any. . '
23. Attoner's Fees. As used in this Mortgage and in the Note. "attorney's foes" shall, include attorney's fees, if any,
~ which may be awuded by an appellate rnurt. _
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IN W[TNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and deliver~ed
in the presence of:
. ~
. r
c~~~ ,t " _ 'cs~~
. M~.~hael ieport ~ ~
. . . . . ~3.r.f-. , ~ . . . . .cs~~
~ Sarah~'~I.~ Ni~port C~~ .
STATE OF FLORIDA . . . . . . . . . T~1C18 . . . . . . . . . . . . . . . . . . . .COWIt~? SS: ' .
.
1 hereby certify t6at on this day, bciore me. an officer dul authorized in the state aforesaid and ia the oounty
afor~~said tofteake acknowledgements. pcrsonally appeared. .l~~hael Nie~ort, sud Sarah. M., _I~]~~ppxt,
. . : . . . w~ . . . . . . . . . . . . . . . . . . . . . . . . to me Icnown to be the person(s) described in and who eaecuted tbe
foregoing instrument and acknowledged beforc me that. ,they ...eaecuted the same for t6e purpose tbetrein
expressed.
Wt~ESS my hand and official seal in the county and state afcresaid this. l~'~~?.. - .day of
. , ~.e~IbeaC . . . . . . . . . . . . . . . . . . . 19 78. . . . . . . .
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ISPK'~ S~ TAis lim R~~vW For La~der snd R~tpnNq
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