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HomeMy WebLinkAbout1457 1 a ; e prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; 1 h) Borrower cures all breaches of any other covenants or agreements of Borrower,contained in this Mortgage: (c) Borrower pays all reasonable expense incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in paragraph IR hereof, including, but not limited to, reasonable attorney's fees; and ld) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. ltpon such payment and cure by Harrower. this Mortgage and the obligations secured hereby shall remain in tell force and effect as if no acceleration had occurred. 20. Assignment of Rents; Appointment of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph I $ hereof or abandon- ment of the Property, have the right to collect and retain such rents as they become due and payable. Upon acceleration under paragraph 1 R hereof or ahandonment of the Property, Lender shall be entitled to have a - rrceiverappointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the Property, including those past due. All rents collected by the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's tees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. 'ilte receiver shall be liable to account only for those rents actually received. . 21. Future Advances. Upon request b}• 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 Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS...5.,.000..00 22. Rekase. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's tees' shall include attorney's fees, if any, which may br awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: ~ .......4-! ~,,'~~~~tt ~~/,~u (Seal) ~'~MTTRIUS G. ~ ~1fAw?TROS r ..Q`"...~ ....~~,?~~eZlde~~~- 1~:.IJ.CG?~ . .~aseal) SHARON K. ~MASTROS borrower STATE OF FLORIDA . ...............SC • . Lucie ...............COUrtty ss: I hereby certify that on this day, bcrfore mr, an otlicer dul}• authorized in the state aforesaid and in the county aforesaid h~ take acknowledgements, prrsonalh• appeared....... DIMITRIUS. G._ MASTROS ,`~~r•~1:;: ,1, , , , _ .SHARQ~T, K. MASTROS,,, h/w _ , _ , to me known to be the person(s) described in ~ ~Q.,~Xeet?y~a)!(e foregoing instrument and acknowledged before me that...they„ _ , ...executed the sarne,fu~ ~p~o~e. t{tet+CUt expressed. _ a n t I~ R t~ i , WITNESS my hand and official scat in the county and state aforesaid this........ , ,,~t~ : of. ........January 19.79 r 1 ~~ti. i. _ v~~' • 1 b d•• My Commission expires: ~ ~ 4 [seeq . { ~ ,IZ~R lITTl18bE' ' . Mr coM?Kissionr EX?~AES MAtl - 31. 1979 i 80NDEU THRQ GENERAL 495. CNDEAtiIAREHS I E i i 3 x (Space Below TAis line Reserved For Lender end Recorder) x - C;= C~ . _ , _ ~ J_ .1'Y, FLA. i ~ ~ _ J 430580 '79 ~ 12 PM 2 : ~ 2 4 3 r 3 RG~K 301 Pa~~ 1452 a t _ t, y _ C'4 r.- _ _ ~ - - a ~ - - _ 'z