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HomeMy WebLinkAbout0717 ~ • ~ ~ prior to entry of a judgment enforcin~ this Mortpge if: (a) Bor~ower pa~ l.epde~ all aurm which would be t6en due unde~ this Mohgage, the Note and nota securing Future Advances, if any. had no acoekratioe occu~rod; (b) Borrow~r cura all breaches of any other covenants or agreements of Borrowe~ contained ia thi~ Mort~age; (e) Bomower pays al) reaso~able expensa incumed by I,eader in enforcing the covenaqts and :~roemenb of Hortowu contsined in this Mortpje and in enforcing I.er~der's remodies as provided in pangraph 18 Aercot, includina. but not IimiMd to. reasonsbk attomey's tea; and (d) Borrower taka such action u Lender may reasooably rcquire to sssuro that the lien ot this Mo~tpae, I.~~der's iaterat in the Property and Bo~rower's obligation to pay 1fie sums secured by this Mortgage ~aii cantinue ualmpaired. Upon such payment and cur+e by Borrower, this Mortgage a~d the obligations secund hereby shall remain in full fora aad effeet u it no accelention had oceurted. 20. Assi~aaieat ot Rewtx AppoiNiacN ot Recetver. As additiona! sscurity hercunder. Borrower hereby assigns to t_ende~ the rents ot the Prope~ty. providcd that Borrower shall, prior to accekntan under puajnph 18 hereof or abandon- meat of the Pc~operty, have the right to rnllect and retain such re»ts s~ tbey bocome due and payabk. Upon accek~ation under paragraph 18 hereot or abandanment of the Property. l.ende~ shatl be rntitled to have a rcceiver appointed by a~rourt to enter upon, take possession of aod manage the Pmperty aad to rnlkct the rcnts of the Propeny, includina those put due. Atl rcnts coltected by the reoeivu shall be applied firat to payment of the costs ot manageme~t of the Ptnperty and rnllection of rcnts. includiog, but not limited to. receiver'a fees, premiur~u on roceiver i bonds and roasonabk attorney's fees. and then to the sums secured by this Mottgage. 1be reeeivet shall be liable to account only for those rents actually ~eceived. 21. Futa~e Aiva~rcq. Upon request by Borrower, l,e~der, at Lender's option within twenty yeus from the date of this Mortgage, may make Ftiturc Advancas to Bornnwer. Such Future Advanca, with interest thereon. shall be secured by this Mortgage when evidenced by promiswry notes stating that said notes ar+e secured hereby. At no time shall t6e principoT ~ amou~t af the indebtedaas secured by this Mongage. not inctuding sums advanood in aocordanoe hernvitb to protect the security of this Mortgage. exoood the origina! amount oi the Note plus USS. 22. Rdea~ UpQn payment of all sums secured by this Mortgage. Leador shall r+eleise this Mortgage without chuge to Borrowcr. 8ormwer shaQ p~y all casts of rocordation. if any. 23. Attorsey's Fea. As.used in this Mortgag~ and in thc Note, "attomey's fees" shall~ include attomey's fees, if wy. which may be awarded by ao appellate coun. • t.. u/~r_y~ec WyFe~ne, Rnrmwer has executed this Mort1t81le. Signed, sealed and ddivered in the presence of: ~ . . . . . ....(Seal) Richard L. Peterson -8~~ . . . . ~ ............c~, • an K. Peterson • STATE OF FLORIDA . . . . . . . . . . . . . . . . .SL . . LUC.I$ . . . . . . . . . . . . . .COllllt~l SS: - ' 1 hereby certity that on this day, before me, an officer duly authoriud in the state aforesaid and in the county aforesaid eo take acknowledgements. personalty appearedRie6ard. L~.~eterson.and. Joan.K.•Petecson, h i s . w.i.f~e . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be t6e person(s) described in and aho execatod the foregoing instrument and aclcnow[edged befooe me that. ..they- .-....exoct~ted the satne for ihe purpose tbet+ein expressed. ~ - WiTHFSS my hand and official seal in the county and state aforesaid this. . . . . 20th • . . . . . . . . . . :day of . . . . . . . . .Novea~ber• . . . . . . . . . . . . . 19.]$ . My Commission exp~res: . ~.~.ltf~ ~~~1?'r~Q~ . . ~ ~ - t~.i1'~, t+o~a~r tiate . . . . . . . . . . . . . . . . . . ?J h~~:.~`I Fl•y_~C 5":.1; C~f fl~I'.+:A x U.i~_ C~ ~ f, .tY C•;.~!1'~_St:Y •%}rtF+=:a l.;;~?t:ti 7. i"~" ~ ~ ~ ~ ' l~~ o ~ j • ` . 'r'+ • 1 {~7~ ' •~~~•~O- ~ ~ ~y. ,~y.,~ . (Sp~o~ BNor TAis LieN Ra~v~d For lend~r ~nd R~cobeh ~1~GD iuZl~ ~LCi~~CJi+r! - . ± ~ c ~u.~TY, ~ t£T££ t/171bO1~ `IWVIW - - • ~ - 4263'71 3nN3nd ~~~~~ia~ oooY JINbdWO~ 3~Nd2!(1SN1 31111 OJt/~lH~ 'I3 G~~ 6 QM 9: 2$ ~ - q~~ CL=;~~`~ - ~t ~ : , . BQLt~.~~ PAGF 717 ~ . ~ , , _ _ _ _ ~ ~4~ ~.z - ~ ~,.~.~:xa'c . . _ ~ -