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HomeMy WebLinkAbout1717 t 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. it any, had no acceleration occurred; Ib) Borrower curs all breaches of any other covenants or agreements of Borrower contained in this Mortgage: (c) Borrower pays all reasonable expenses 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 18 hereof, including, but not limited to, rcssonabk attorney's fees: and (d) 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. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force atld eRect as if no acceleration had occurred. 20. Assigsmest of Rcpts; AppoWtneet of Receiver, As additional security hereunder, Borrower hereby assigns to lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragrsph 18 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 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 rents of the Property, including those past due. All rents collated by the receiver shall be applied first to payment of the costs of management oI the Property and collection of rents, including, but no! limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. 'Rte receiver shall be liable to account only for those rents actually received. 21. Fatttre Advances. 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 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.. - 22. Rtdease. 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. Atoorsey's Fees. As used in this Mortgage and in the Note, "attorney's [ees" shall include attorney's fees, if any, which may be awarded by an appellate rnurt. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered ' in the presence of: G1_ . . J.~:-a:m.. (Seal) - illiam G. Rota ilia, S -ewraw. 1 / :'t~J~ 1 L?~G ~i1'~-~,.~. ~ ~`~'~`.'L( 4<..c..l. (Seal) % Katherine Romp' a ~orrow.r STATE OF FLORIDA, ~~L~`^" ...............COllnty 55: 1 hereby certify that on this day, before rne, an officer duly authorized in the state aforesaid and in the cotmty aforesaid to take acknowledgements, personally appeared...1"?illiam.G._ Rompi]1a~, Sr. _ and Katherine . R.oF1P.~~a,. ha4~ .FT~~S to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that..tht'y........executed the same for the purpose therein exprtrssed. WITNESS my hand and official seal in the county and state aforesaid this........4th .............day of .January 19..79... My Cotnrriissiolt expires: . _ fSMt) - 1 ~ Notary Public . i _ V - T Notary Public:. State OI Florida 8l Large s - _ ~ ' " - My Cornmisston Expltels Aug. 8,1~~ - ~ - t ' •~1;', ~ . (Space Below This liM R~vad For lender Recorder) ~~zn~° 051£ eolao-l~ '3~H~;a iNo~ ~ 3f1N3AV 3JNtl`.O ~I/_ t 7lNVdWOD 3DNV2ifISNI 3'lltl QJd'JiHJ ~ ~ ~'~EC : '.7 scELORDED c - r, 4:3Q'T74 '79 J Vii'! 15 PM ~ 2 : 4 ~ 1 . BQG!cc)li~ PA.GE11~ . _ ~ -y .'k _