HomeMy WebLinkAbout0115 priur to entry of a judgment enforciag thia Mortgage if: (a) $onower pays Lende~ all sums which would be then due u~der
this Mon~age~ the Note and aotes securin~ Futuro Advances. iE any, had no aoceleration occurred: (b) Borrower cuc~s
all b~eac6es of a~y other oovenants or agraments of Borrowe~ contained in this MortQages; (c) Bomower pays all reasonable
expensa i~currod by Leader in eaforcing tbe covenants and a~roements of Borrower coatained in t6is Mortgages and in
~nforci~g Lender's remedies as provided ia paragtaph 18 hereof. including. but not limitod to. reasonabk attorney's fea; and
(d) Honowec takes such action sa L,ender may reasonably raquirc to asaure that the lien of this Mo~age~ Leader's interest
in the Property and Horrower'a obligation to pay the sums securcd by this Mortgagoe shall contiaue unimpaired: Upon such
payment aad cure by Bonower~ this Mortgage and the obligations secured hereby shail remaip ia full force and e~ect at if
no acceleratan had occun~ed. •
20. Aui~smeet ot Reab; Appolatmeat o[ Receiver. As additional security hercunck~. Borrower henby assigas to
Lend~r the rents of the Property. provided that Borrower shall, prior to utxleration unde~ paragtaph 18 het~eof o~ abandon-
ment of the Property, have the right to collect and retain such rents ~ they become due and psyabk.
Upon acceleradon under pua~raph 18 hereof or abando~ment of the Property. Lender shaQ be entitled to have a
receiver appointed by a coutt to enter upon, take posaession of and manage the Property and to colket the nnts of the
Pmperty, including lhoae past due. Ail rents collected by the receiver shall be applied first to payment of the coats of
management of the Pnoperty and rnltection of rents. including. but not limited to, receiver i fees. premiums on reaiver's
bonds and reasonabk attoraey's fees. and then to the sums securod by this Mortgage. 'I~e receiver shall be liable to account
only for those rents actually reoeived.
21. Fatu~ Ad~aaces. Upon requtst by Borrower, Lender. at Lender's option withia twe~ty years fe~om the date of thit
Mortgage, may make ~ture Advanoa to Borrower. Such Futun Advances, with interest theroon. shnll be secured by this ~
Mortgage when evidenced by promissory notes stating that said nota are securod hereby. At no time shall tue princip~l
amount of the indebtednGSS securod by this Mortgage, not including sums advanced in acxordanoe herewith to protect the
security of this Mortgage. excced the original amount of the Note plus USt. . . . . . . . . . . . . .
22. Rdease. Upon payment of all sums secured by thia Mortgage, Lender shall release this Mortgage without charge
to Bormvver. Borrower sbali pay ap coats of recordation. if any.
23. Attorney's Fces. As uxd in this Mortgage and in the Note, "attorney's fces" shall include attorney's fees, if any,
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage. ~
Signed, sealed and delivered
_ in the resence of:
. . . . . . . ~ . . . . . . . . . . . . . . . . . . . . E . It. . a ~ . . . . . . . . . . . . (Seal)
. -8o.ro.?~r
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.1 . . (SC81)
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STATE OF FLORIDA . . . . . . . . . . . . . . .~k. .I•uC~~. . . . . . . . . . . . . . . . .COUtlty SS:
I hereby certify that on this day, before me, an officer duly authorized in the state aforecaid and in the county
aforesaid to take acknowledgements, pe~onally appeared. ~RN$ST. R. QI,~P'~18~NT. ,a~d .$E'ITY. JA .QLIPHANT.,
. .his. ~rLfe . . . . . . to me known to be the pecson(s) described in and who eaecuted tbe
' foregoing instrument and acknowledged before me that. ....tbey.. ...executed the same-for tbe purpose therein
' expressed. ~
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~ WtTNESS my hand and o~cial seal in the county and state aforesaid this. ..22~d . .....day of
~ • ; << ~„~~tu~~y . . . . . . . . . . . . . . . 19 .7.~ . .
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