HomeMy WebLinkAbout0685 prior to entry ot a judgmeat enforcing this Mongage if: (a) Bonower pays [.e~de~ all sums which wouid be then duc under
this Mortgage. the Note and nota securing Rutur~e Advanas~ it any, had no aatkration occurted; Ib) Borrower cura
all breacha ot any other rnvensnts or aareementt oE 8orrower coatained in this Mon~age; (c) Borrowe~ pays a11 reasonable
expertses incurred by Leade~ in entorcing the covena~ts and agreementa of Borrowet contai~ed in this Mort~a~e and in
entorciog Lender's remedies u pmvided in paragaph 18 hercof. iocludint, but not limitod to. reasoqabk attorney's fea; atid
(d) Borrower takes such action as l.eoder may reasonably requit~ to asauro that the lien of this Mortpse, Lenders interat
in the Property and Bortower's obligation to pay the sums secured by this Mortgaae shall oonti~ue uaimpaired. Upon such
payment and cure by 8orrowe~. this Morigage and the obligations secured hereby shall rcmain in full toroe and elixt as if
no accelcration had occurrcd.
20• Aad[~eat ot ltaet~ A~polotmeM ot Rrcei~er. As additional security heneunder. Borrower heceby usians to
Lender the rcnts of the Propeny. provided that Borrowcr shall, prior to aocek~ation u~ parstraph 18 hereot or ~bandon-
ment of the Pmperty, have the right to colkct and rctain such re~ts ss Wey become due aad payabk. ~
Upo~ accekration under paragnph I8 hereof or abaodonment of the Property. Lender shap be entitkd to have a
roceiver appanted by s court to enter upon. take possession of and manage the Property and to colkct the rcnts of the
Propeny, i~cluding thoae put due, All rents collected by the rcoeiver shall be applied first to payment ot tl~e costs of
management of the- Property and collection of reots, including, Dut ~wt limited to. receiver i fas, premiums on receiver's
t~onds and rcasonabk attorney's fees, and then to thc sums socurcd by this Mortgage. 'ibe reaiver shall be liable to account
only tor thase rents actually received.
21• Fnnre Ad~aaces. Upon tequest by Bo~rowe~, l.cnder. at Le~der's option within twenty yeus from the date of this
Mortgage, may make Future Adva~ces to Borrower. Such Future Advanves. with interat thenean. shal! be securod by ihis
Mongage when evidenoed by promissory ~otes staGng that said notes are securaf henby. At no time shall the principal
amount of the indebtcdness securod by this Mortgage, not including ~sums adva~cod in aceordance herewith to protect the
security of this Mortgage. exceod the original amount of the Note plus USS. r.e-------------,~Tr~~,.--•.-
22. Relea~e.. Upc~a paymeat o[ all sums socurcd by this Mortgage. Lender shalt rekase this~Mortgage without chuge
to Hormwer. Horr~wer shall pay aq coats of recordation, if any. .
23. AKoney's Fees. As uxd in tGis Mongage and in the Note. "attorney's fees" shalt include attorney's feGS, if my.
which may be awanied by an appellate coun.
TN wITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
i~ the Dresena of: ` ~ ~
j
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, ~ . . ' h y N. •L i co . . . . . . . .
._°°R°~"a
. .....A~~........(Seal)
Antolnette Lico
STATE OF FLORIDA . . . . . . . . . . . . . . . . S~t . ~ e . . . . . . . . . . . . . .COUIIt~/ SS•
I hereby certify that on this day, befo~e me, an off'icer duly authoeiu~d in the state aforesaid and in the oounty
atoresaid to take aeknowltdgements, persona!!y appeared....AathQny..N..Liic4.~nd.Antninette.Li.eo~..
.h i ~ri fe . . . . . . . . . . . . . . . . . . . . . . . . . to me Icnown to be the person(s) described in and who execated the
faregoing instrument and acknowiedged before me that. ....tbey. ....executed the same.for the purpose thenin
expressed. _
W~~sss my hand and officia! seal in the county and state aforesaid this. . . . . . . . .~$th . . . . . . . . . . .day of
. . .NoY~er . . . . . . . . . . . . ..197fl . .
~M~? Co~jm~~ssiqn expires: . . ~ ~ . ?1..~~?u~~' . . . . . . . . . . . . . . . . . . . . . . . .
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