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priot to entry of a jud~ment enforcina this Mortgage if: la) Borrower WY: Le~de~ aU :ums whicb would be thea due under ~
this Mort~aae. t6e Note aad notes socuring Futurc lldvanca, if aay. had ao aoa~ention oocurred~ ~b1 ~ t
all brtacha of any other coveaants or aarame~ts of Borrower rnotained ia this Mostp~e: (c) Bo~m~wer pari ai~ reuonabk ~
expe~ses iacurred by Lender i~ eaforcing the coveoaqts and atreements of Horiowet oontainod in this 1NatEa~e aad ai :
eaforcins Lender's remedia as peovided in paragraph IS hereoi. includina. but not limited to. t~ea:onabk attoiney's fea: aad ~
(d) Borrower tates wch actio~ u l,e~de~ may rwsonably rcquir+e to suure tbat the lien ot this Mortp~e. I.e~da's ~ute~at
in the Property and.Borrower's obligation to pay the sums securod by this Mortaaae s6a11 oontinue uoimpaired- UPoa ~h ~
RaYment and cure by Borrower, this Mortgage a~d the obligations secured hereby shap remaia ia fu11 foro~ aad dfect ss if ~
no accek~ation had occurred. ~ .'t
20. A~+ipa~eN of Re~ ApplMa~eat ot Recei~u. As additio~sl security hereunde~.' Bomower Aereb~? ass~s
l.ender t6e rents of the Prope~ty, pmvided th~t Borrowe~ sh~ll; prior to accekration under puasraph 18 hereof or sbandon•
ment of the Property. fiave the right to coUect and rctain :uch rcats ss t6ey becoane due and WY~• '
Upon acc~leration w~der puagraph 18 hereof or aba~dortmeot of the Property. I.ender shaq be endtled to have a ~
receiver appoiated by a court to enter upon, take possasion of ~nd ma~age the Pr+operty aad to collect tbe Kats of the i
Propeny. including those p~ast due. All rents collxted by the receiver shall be applied 6rst to pa~meat of the costs of . ~
management of the Propeny and colkction of rcnts. including, but not limited to. reaiver
s foes. premiu~ra on reoeiver's ~
bo~ds and re~onabk attoraey's fea, and then to the sums sccurcd by this Mort$age. The rxe~ver sha11 be liabk w aooou°t `
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only for those reatt actually roceived. . ~
21. Fstu~e Aara~c~s. Upon request by Borrower. Ixnder, at Lender's option withia twenty years fmm the date of this }
Mongage. may make Future Advano~s to Borrower. Such Futu~e Advances. with interest thereon, shall be secured by tltis -
Mortgage when evidenced by promissory nota stating that said notes are secur~d hereby. At no time sball tbe pdncip~l ;
amount of the indebtedaas aocured by this MortBage. not includina sums advanoed in aooordanoe herewith to potect tbe
security of this Mohgage, exceed the original amount of ~he Note plus USS.
22. Rek~a Upqn paymeot of all sums socurod by this Mortgage. l.ender shall release this.Mortaa6e wnthout char6e
to Borrower. Borrower s6a11 p~y all coats of ra:ordation. if-any.
23, Atloreey's Fees, As used i~ this Mongagc aod in the Note. "attomey's foa" shall include attoraey's fas. if aoy, +
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which may be awudcd by an appellate couA. ~ {
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~N WITNESS WHEREOF, Borrower has executed chis Mortgage. _ ~
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Signed, sealed and delivered ~
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in the Drescnce of: ~ `
. ;
. . . . . . . . . . . 7 . . . . . . . . . . (Seal)
~ ~ ~ ~ ~ ~ ~ ~ ~ Kenneth E. ~Ols
. . . . . . . . . . . . ..C.F.i tGGL : : . ~ . . . . . . . . . (Seal) ~
. ~ . . . -eor,a.e,
irginia C. Olson ~
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STATE OF FLORIDA, . . . . . . . . .5~... T+t~Cie . . . . . . . . . . . . . .County ss: . _ ~
I hereby certify that on this day, before me, an officer duly authorized in the state afocesaid and in the county ~
aforesaid to take acknowledgements, personalty appeared. ..K~P~t~l .O~~oA .~4d. V~.g~~~. .Q1S9p?a ;
~ ..his. stife. to me known to be the person(s) described in and.who eaocuted the ~
,
i foregoing instrument and acknowledged before me that. .they. .....eaecuted the same for the purpose therein ~
~ expressed. ~
I
WtTrtESS my hand and of~'icial seal in the county and state aforesaid this. a.3th.. ...day of ~
..Jauua~y .......................19..~9... ~
Mx ~ommission ex res: F,'~f~~~/~
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