HomeMy WebLinkAbout0723 ~
prior ro entry of a judgment enforcing this Mo»gage it: (a) Borrower pays Lendet all sums which wouW be the~ due under
this Mortgage, the Note and notes securina Future Advances, if a~y, had no accekrat'an occurred; (b) Borrawe~ curcs ~
all brcaches of any other covena~ts o~ agreemeob of 8orrower contained in this Mon~aae; (c)_ Bomower pays all reasonaDle •
expenses incurred by Lec~der in enforcing the covenagts and agroementa.of Hotro~ver contained in this Mongaje and in
enforci~g [~nder's rcmedies aa provided in pangraph 18 Aercot. includin~. but not limited to. reasonabk attonuy's fees: and
(d) Borrower takes such actioo u Lende~ may rcasonably rcquirc to assure that the lien of tha MoMaa~e. I.ender's iatercst
in ~he P~operty and Horrowcrb obligation to pay thc sums secured by this MoA~age shalT oontinue unimPairod. Upon such
payment and cure by Bo~rower~ this Mortgage and the obligations secured heteby shsll remain in full tora at~d eQect as if !
no accekration had occurnd. ~ ~
20. Assi~ws~cat ot Re~tfi AppoiMmeat ot RecNrer. As additional security hercunder. Borrowen c~reby assigns to . !
l.eodu the rcnts of the Property, provided that 8orrower shall, prior to accekration under para=raph 18 hereof or abandan• ~
me~t of the Pnoperty. have the right to collect and ntain such rents as tbey become due and payabk. `
~
Upon acceleraaon uader~ paragraph 18 hercof or abandonment of the Propecty. Lender shall be entitled to have a
receiver appointod by a court to enter upon. take poasession o[ and manage the Property and to collect the rents of the ~
Propeny. including those past due. All rents collxtcd by the rcceiver shall be applied lirst to p~ayment of the coats of
management of the Properiy and collection of nnts, including, but not limited to. receiver's tas. premiums- on receiver
s ~
bonds and reuonabk attorney's fas. and then to the sums socurcd by this Mortgagc. Tbe rcceiver shall be liabk to account ;
o~ly for those rcnts actwlly reoeived. ~
21. FW~re Ad~a~t~s. Upon roquest by Borrower, I.ender, at Le~de~'s oplion within twmry yean from the date of this 4
Mort6age. may make Future Advances to Borrower. Such Futurc Advances. with interest thereon, si~all be sxuted by this ~
Mortgage when evidenced by promissory notes stating that said notes are socured fiereby. At no time shall the priacipal ;
amouot of the indebtedness socured by this Mongage. iwt inctuding sums advanced in acxaordana herewith to protcct the ~
security o( this Mortgage. excoed the original amount of the Note plus USS. '
22. Reka~e. Upqa paymeat of all sums xcured by this Mortgage, i.ender shall ~+ekase this Mortgsge wil6out charge ~
to Borrower. Bormwer shali paiy all coats of recordation. if any. ~
23. Attoraeys Fees. As used in this Mor~gage and io the Note, "attorney's fees" shaU include attorney's fxs, if aay,
which may be awarded by an appe!lata court.
;
z
~
IN WITNESS WHEREOF. Borrower has cxecuted this Mortgagc, i
i
Signed, sealed and deliverod !
1
in the prescnce of: ~
~
. . . . . . €
~ . .(Seal) ~
Richard L. Peterson. --~°"K ~
. . . . . ~ . . . . . . . . . . . . . . (sea!) ~
-9o.rar.r #
an K. Peterson ~
1
STATE OF FLORIDA, . . . . . . . . . . .SL. . L11~.~.Q . . . . . . . . . . . . . . . . . . .COUQt~/ ES: ~
- I hereby certify that on this day, before me, an oti'icer duly authorized in the state aforaSaid and in the county #
aforesaid to take acknowledgements, personally appeared. R.icha~d. L.. P.eterson. and.Joan •Kf •Retet~son, ~
. hi.5 .wi fB
. . . . . . . . . . . . . . . . . . . . . . . to me known to be tf~e pecaon(s) described in and who executod the ;
foregoiag instrument and ackno~wledged before me that. . the~ .......e~cecuted the same for the purpose therein <
expressed. r
W~TNESS my hand and oS'icial seal in tbe county and state aforesaid this. . . . .20tb• - • • • • • • • • • • • • •~Y ~ `
,
. . . . . . . . . . . . .November. . . . . . . . . . 19. ~8. . - t
>
L
My Commission exp~res: L~'~Jy~_~ . s~ !/l?~~f~
s~,~~ ~.1+~~~_~~. . . . .~v~wi PIIb~iC.... . • . . .
> " " '4 t
~a•'{`•ss~
~ ~ a , ?
_ i ` ~ ~_~is fi~Jii~..:Y ff.,__~` a~ ~~9~,:'~ , . 7
- C_ - ~ t#Y . i1:.l::..3 t.:~ '--L . _
.1 , ~ h ~ A ~ . ~ ~
r' j e Y ~
~,,.1 ~~`~°r= 1`~ ~
~ ~y ' ~
~ 4 ~
' ,
~ a
. lSO~a BNow This Lin~ It~s~rvW For le~~de~ an0 R~ootds0
f !~~[1 j'~il ~t~C~~t{~iL~1
. ~~J.. . ~vi~~i~V. ~~ra. ;
. _ - - . - I£t££ b412i01~ 'IWb11N ;
4:zfi~'74 3nN3nti ~~~~~i5a ~.,~i ~
'1$ 6~,y 9' 29 ~NddWO~ 3~Nd2i~SNl 3llll 0~d~~H~ ~
: ~
C ~ ~ r: ~ : i- i .
~ . k Q~
. 80i d ~t7~7 PACE 7~
X, ~ ~ : - _ ~'~.t...~.- i ~ ~
" ~Y