HomeMy WebLinkAbout0404 prior to entry of a ludgmeat errtotcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortpge, the Note and notes securing Future Advances. if any. had no sa:ekntion occurred: (b) Borrower cures
alt breaches of any other ooveoaaa or agreements of Borrower conuiaed is the Mortgage; (c) Borrower pays all reasonable
expenses incurred by Leader is enforcia~ the coverynts and a8raments of Borrower contained is this Mortpga and is
eaforciag Lender's nmedia as provided is paragraph 18 hereof. including, but not limited to, rearoaabk attorneys fee: sad
(d) Borrower takes such action ~ Leadec may reasonably require to aaun that the lies of this Mortpge, iarder4 iatetest
in the Property and Borrower's obtiption to pay the sums secured by this Mortpge :hall continue unimpaired. Upon such
payment and cure by Borrower. this Mortpge and the oblipGons secured hereby shall remain is full tome and eRect as if
no acceleratioa had occurred.
20. Aalgaoteat of Rentst Appollttasast of Recdver. As additional security hereunder, Borrower hereby assigns to
Lender the rent: of the Property, provided that Borrower shall. prior to scceleration under paragraph 18 hereof or abandon
meat of the Property, have the right to collect and retain such Hats a: they become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to have a
receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the ants of the
Property, including those past due. All rents collected by the receiver shall be applied first to payment of the casts of
management of the Property sad collection of renu, including, but not limited to. receivers fees, premiums on receiver's
bonds and reasonable attorney's fees. and then to the sums secured by this Mortpge. The receiver shall be liable to account
only for those rents actually rccxived.
21. Flltnr! Aivaaca. Upon request by Borrower. Lender. at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances. with interest thereon, shall be secured by this
Mortpge when evidenced by promissory notes stating that uid notes arc secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortpge, not including sums advanced in aocordaaee herewith to protect the
security of this Mortpge, exceed the original amount of the Note plus USS. 20• -000. ~0• • • • •
22. Rekaee. Upon payment of all sums secured by the Mortgage, Leader s~iaU please this Mortpge without charge
to Bormwer. Borrower shall pay all costs of recordation. if any.
23. Attos~ser's Fess. As used in this Martgsgt and in the Note, "attorney's foes" shall include attorney's fees. if any,
which may be awarded by an appellate court.
IN WITNESS WHERBOF, Borrower bas executed this Mortgage.
Signed, sealed and delivered
in the presence of
~ (Seal)
Borg ' . ' Lnot ; ' rr
C~~.e%~-t~l~? l... . i. • • (Seat)
• Mar ene ~A. Enot -
v
STATE OF FLORIDA, S.t.. ~+Lit=~.@ ......................COUnty Ss:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared GEQRCsE • P... • SNOT.,.. JR ..and MARLEI!IE .
A.. EDiOT, .his. wife, to me known to' be the person(s) described in and who executed the
foregoing instrument and acknowledged before tree that . ~he~ . • • • .executed the same for the purpose therein
expressed.
~ AO
WITNESS my hand and official seal in the county and state aforesaid this...pG • • • • • • •daY of . ~
Aece.mb~er 19.
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My Cot~usion expires: ~lU . / yf•? ~
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y~~ QQ:?(~,y~ • State of Florida _
~~a•' at Large .
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(Speee aeiow This Line Reserved For Lender sad Recorded)
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