HomeMy WebLinkAbout0227 prio~ to entry of a judgment enforcing this Mortgag~ if : f a) Borrower pays Lencier all sums which would be then d~u under ~
this Mortgage, the Note and notes securing Futuro Advances, if any, had no acceleration occurred; Ib) Bo~rower cures ~
all breaches of any other rnvenants or agreements ot Bc?rrowe~ contaioed io this Mortgage: (c) Bormwe~ pays all reasonable
expenses incurrcd by Leadcr in entorcing the covena~ts and agreements of Borrower containal in this Mongage snd in ~
enforcing Le~der's nmedia as provided in paragraph 18 Aereof, including, but not limitod to, reasonable attomey's tees: and '
(d) Borrower taka such action as l.ender ma reawnabl uire to assure that the lien ot this Mort i
y y rcq gage. Lende~'s interest
in the Propeny and Borrnwer's obligation to pay the sums secured by lhis Mortgage shall continue unimpairtd. Upon such
payrtKnt and cure by Borrower, this Mortgage and the obligations secured hercby shall remain in full foroe~ and eBect as if
no acceleration had occurred. ~ t
20. Asaitno~eat ot Reat~ Appointmept of Receiver. As additional security herounder. Borrewer hereby assigra to 4
l.ender ihe rcnts of the Property. provided that Sorrower shall, prior to accekration u~de~ paragraph 18 hereof ar abandon- ~
ment of the Property, have the righl to collect a~d retain such rcnts as they become due and payabk. ~ +
Upon acceleration under paragraph 18 heroof or abandonment oI the Propeny, Le~der shall be entitlod to have a
~eceiver appointed by a eourt to enter upon. take possession of and maoage the Property and to collect the rents of the
Prupeny, including thoae past due. All rents collected by the receiver shall be applied first to payme~t of the costs of
management of the Property and collection of rents, including, but not limited to, receiver's fees. premiums on receiver's :
bonds and reasonabk attorney's foes, and then to the sums securcd by this Mortgage. The receive~ shall be liable to account £
only for those rents actually roceived. ~
21. F~rture Ad~ascea. Upon request by Borrowe~, Lender, at I_ender's option within twenty years from the date of this
Mortgage, may make Future ~ldvances to Borrower. Such Future Advances, with iat~rest tluroon, shall be secured by this ~
Mortgage when evidenced by promissory notes stating that said notes are securod hereby. At no time shall the principal -
amount of the indebtedness securcd by this Mortgage, not including sums advanced in aocordanoe herewith to prottet the
security ot this Mortgage, exceed the original amount af the Note plus USS. .----------------r--
22. Rek~e. Upctn payment of all sums socured by this Mortgage. Lender shall rckase this Mongage wit6out chuge
to Borrower. Borrower shall pvy all cosis of recordation, if any. ~
23. AHoraey's Fees. As used in this Mortgage and in the Note, "attorney's fces" shall include attorney's fees, if any,
which may be awardtd by an appellate court.
iN WITNESS WHEREOF, Borrowcr has caccuted this Mortgagc.
Signcd, sealed and delivered 1
in the prescnce of:
• ~YV"'WW T
...........(Seal) ~
La don H. Ha 1 1 away -eoR~N '
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~ ~ (Seal) F
- Po~i
l~. Na 11 away -ao.~K =
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STATEOFFLORIDA ..............St;,LUC,1e,,, ,,,,,,...,,,COUIIIySS:
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I hereby certi(y that on this day, M:fore me, an ofFicer duly authorized in the state aforesaid and in the county '
aforesaid to take acknowlecigements, pcrsonally appeared. . ~~ngdqn, H; , Hal.lawdY. aRd .P01 1y. .A. . . . . . . ,
. . .Ha 1 l away.,. .h ~ S .1N ~ f e . . . . . . . . . . . . , to me known to be the person(s ) described in and who executed the
foregoing instrument and acknowledgcd before me that. thl~.y. ......executed the same for the purpose therein ~
expressed.
W~TNSSS my hand and oti~icial seal in the county and state afc?resaid this. .....~15t . .....day of :
i . . . . . . . . . . Da~e~ober . . . . . . ..19.78. .
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