HomeMy WebLinkAbout0797 p~ior to entry of a juJ~ment enforcing this Mongage if: (a) Borrower pays l.ender all sums which would be tben due under
this Mort~age. the Note and nota securing Future Advances, i[ any. hsd ao acceleration cecurred: (b) Borrower cures
all breaches of any othe~ covenants or agroements of 8orrower contained ia ~his Morigage; (c) Borrower paya all reasonable
expenses i~curred by I.ender in eaforcin~ the covenaats and ajramenu of Borrowt~ contained in this Mortga~e and iA
enforcing l.eoder's remedies as Qmvided in pangraph 18 he[eof. includi~g. but not limitod to. nssonable attorney't fea; and
(d) Borrower takes such action as Lender may reasonably rcquirc to assure that the lien of this Mort~a~e. Laider's iaterest
~n the Property aad Borrower's obligation to pay the sums secured by thia Mort~age shall continue unimpaired. Upoa such
payment and cur+e by Horrower, this Mort~age and the obligations securod hereby shall remaia in full foroe and effect as if
ao accderation had occurred. ~ .
20. A~eot ot Rewt~ Appa.dseN ot Receiver. As additio~al security hereuader. Bocrower hereby assi~ns to
Lender the rents of the Propeny. provKkd that Bomowe~ shall, prior to acceleration under para~taph 18 heroof or sbandon-
ment of the Property. have the ri~ht to rnllect and retai~ such rents u they become due and payabk.
Upon accekntion uader puagraph 18 hereof or abandonment ot the Property. Lender shaU be entitled to have a
receiver appointed by a court to enter upon. take poasession of and manage the Property and to colkct tbe rents of tbe
Propeny, including thoae past due. All renu coilectod by the receiver shall be applied first to payment of t6e coats of
management of the Pmperty and collection of rents, includiag, but not limited to, raxiver's feas. pnmiums on raxivet's
bonds and reasoaabk attorney'a feat. and then to the sums secured by this Mortgage. The receiver shall b~ liable to account
only [or those rents actuslly reeeivcd. _
21. Fowre Ad~aec~s. Upon request by Borrower. Le~der, at Lender's option within twenty yeus from~the date of this
Mortgage, may malce Futun Advanca to Borrower. Such Future Advances. with interest thereon. shali be securod by this
Mortgage•when evidenced by promiuory notes stating that said nota are secured hercby. At no time shall the priacip~al
amouat of the indebtodaess secured by this Mortgage. not including sums advanced in aocordana herewith to protect t1~e
security of this Mortgages. exceed the original amount of the Note plus USS. • • • • • • • • • • • • • • -
22. Rda~se. Upon paymeat of dl sums securcd by this Mortgage. Lender shall retease this Mortgage without chuge
to Borrower. Borrower shall pay all costs of recordation. if any.
Z3. Attorney's Fees. As used in this Mortgage and io the Note, "attorney's foes" shall include attorney's.fas, if any.
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Bonower has executed this Mortgage.
Signed, sealed and detivered ~
in the presence of:
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STATE OF FLORIDA, . . . . . . . . . . . . . ~r~~;~. . . . . . . . . . . . . . . . . ...COtl~t~/ SS: -
I hereby certify that on this day, before me, an o8'icer duly authorized in the state afotesaid and in the oounty
aforesaid ~o tar~ acknowledgements, personally appeared. ~ ~ • _
~ ,~~~e_, to me known to be t6e person(s) described in and who eaecute~ the
foregoing instrument and acknowledged before me that tk~% eaecuted the same for the purpose therein
i expressed• ~
~ ~~~Rtt ~ss my hand and official seal in the county and state aforesaid this. . . . . . . . . .1$t. . . . . . . . . . .day of
it v~~b~t . . . . .,197~ . . -
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