HomeMy WebLinkAbout0790 ~
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prior to e~try of a judgmcnt w~torci~t this Mon~age if; Borrower Qays Ler~de~ a1l:ums which would be thea due under ~
this Mortgage. tbe Note and nota securin~ Future Advances, it any. had oo aooeleration occurred: (b) Burro~?er cura 3
all brcaches of any othet covenaots or agreements ot Bormwer containod in this Monp~e: (c) Borrower pays all reasonsble ~
expenses incurred by Lender in enforcing the covens~ts s?nd agreements of Bort~oM?er ooatiinod ~Q d~is Mortpge. and ~n !
enforcin~ i.ender's remedies ss provided in pangraph 18 Aereof. includina. but not limited to. rea:onable attorney's tea: and i
(d) Borrowet tak~ such action u l.ender may reasona~ty require to usure that the liea of this Mortpae• l.~nde~~= iQ~e~a~ ~
in the Property and Borrowe~'a obligation to pay the suma securcd by ~his Mortaage :hall oondnue uaimpaired• Upon such
paYmmt and cure by BoROwer, this Mo~tgage a~d the obligatwns secured he~eby ahall remaia in full tora and eRect as if
no accekration had occurred.
20. Asd`~ae~ ot Reabi AppofNmeat ot Recei.er. As additanal suurity hereunder, Bortower hercby sssigns to ~
[.ende~ the re~ts of ihe Property. pmvided that Bortnwe~ shall. prior to accekration undet pars~raP1~ 18 hercof ot iband°R' . s
ment of the PrnpCrty. have the right to copect and retain such rents a~ t6ey become due and WY~•
Upon acceknaon under paragraph 18 t~ercof or abandoament ot the Property. Lend
~slu?
~~~ied no~ ~
rcceive~ appointed by a court to eoter upon. take possess~on of and manage the ProPMy ~t of tl~e costs of
Propetty, ioduding thoae put due. All rcnu collectod by the roceivet shall be applied first to paY
management of the Propeny and collection of re~ts. including, but not limited to. raxiver's fas, Premiums on receiver's
bonds and reasonabk attoraey's [ees. and ihen to the sums securod by this Mortgage. 'Ibe roce~~er sha~~ be ~iabl~ to account
only, for those rents actually roceived. f~ ~}~e date of this
21. Ftitore Aaraoce~. Upon request by Borrower, l.ende~, at Lendet's option within tvventy years
Mortgage, may make Future Advances to Bomower. Such Future Advanas. with intere.st theraon. shall be secured bY this
Mortgage when evidenoed by promissory nutea stating that said notes are secwod hercby. At no dme sha11 the priacipal
amount of the indebtedness socured by this Mortgage. not including sums advanood in acoucdanoe hore~vit6 to protect the
security of this Mortgage, racooed the original amount of the Note ptus USS.
2L Rdeasa Upan paymept of all sums secured by this Mortgage. Lender shall release this~Mortgage withou~ ~harge
to Borrowcr. Bormwer shall pay all coats of rocordation, if aay.
23. Attonep's Rees. As used in this Mottgage and in the Note. "attorney's fees" shall include attorney's fees. if any.
which may-fie awuded by an appellate couR.
IN WITNESS WNEREOF, 8orrower has executed this Mortgage.
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Signed, sealed and delivered ~ ~
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in the Dresenc~ of:
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. . o;.~ . . . . I.~r~ L:' ~ti'c~i ' sori _eo~.~..
. . . . . . . . :'5~~~'~:r.c~F
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~ ~ ons snce . c ' 'sori ~o.~,..
STATE OF FLORIDA, . . . . . . . . . .St•. T~LC~6. . . . - • . . . . . . . . . . . . .COUIItJ/ SS:
I hereby certify that on tbis day, before me, an ofi'icer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledge ments. personally appeared. . RO~rt• •$~.GhE~$Qm• a~ ~Qnstat~e
. Riehardson, , his wife, to me known to be the person(s) described in and who eaecuted the
foregoing instrument and acknowtedged before me that .~eY executed the same for the purpose therein ~
I expressed. .
f W~TttESS my hand and ofi'iciat seal in the county and state aforesaid this. . . . . . . . ~th . . . - . • • • • • •daY of ~
~ . . . d~tl0~'~'Y . . . . . . . . . . . . . . . . . . . . . . 19 .7~ . . . .
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~ - ~ _ ~ ~ 'J = ~;flTppY PuauC STATE GF ROaiDA a~ tl~kG~
~ ~ ~ C0~.11A:55~Oi~ FXF~RES Rl:.n~.~i 7. 15::.
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(SPsce BNow TAis lieM Rasrv~d For Lender snd it~caOeh
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