HomeMy WebLinkAbout0491 19. Eotro~ret'~ Right to Rtiuaate. Notwithstanding Lender's accelecation of tht sums xcured by this \tortgaqe, Bor-
rowe~ shall have the riqht to have any proceedings bequn by l.ende~ to rn(orce this ~lonaaae disto~iiauod at any time
prior to entry of a judgme~t e~torciug this Afortgage it: (a) Borrower pays Lender all ~uuu which would be chen duc under '
this 1?fo~tgage. the Note a~d nota securioq Future Advanas. it any, had no accelerition occurred: (b) Bor~awer cures al!
breache~ oE anJr othet rnvenants or agretwents ot Bottowet tontained in this Mortgage; (c) Borrower pays all reasonable
expensa incuned by Le~der in entorcing the co~-enantt aad agretrnenti of Bot~ower contained in this ~Iortgage and i~
entorcing l.endet': remedic~ as pro~•ided in paragraph 18 hereol. Including, but not limited to, itasonable attorney's [ees: a~d
(d) Borrowe~ tata such aaion ai I.ender may rrasorubly require to assure that the lien of this htorcgage. i.ender'a intaeit
in the Ptoperty and Botrowe~'s obligation to pay the suma secured by this Mortgage shall continue unimpaircd. Upon such
payment and cvre by Borrower. thu riortgage aod the obligation: secvtcd hereby shall remain in full torce and e[tect as if
no acceleration !ud oa~?rred.
Z0. Asi~nment oE Rent~ Appolatmeat of Reaiver. As additional securitr hereunda. Borrower he~ebr assigr~s to
Le~dcr tho reats oE the Property. provided that Aorrower stull. prior w aoceleration under paragnph 18 hereof or abandon•
mcnt of the Property. have the right to rnllect and retain such ren4 u they become due and payable.
Upon accelenciori u~der puagraph 18 hueot or. abandonment oE the PropertY. Lender shall be entitled to have a re-
ceiver appoi~ted b~ a oourt to enter upon, uke possession of and manqge the Property and to mllect the renu of the Prop~
erty, including thoae put due. AU rcnts mllected by the rec~eiver shall be applied Eint to payment of che cosu of manage-
ment o( the Propcrty and rnllation oE rents. including. but not 1'united to. recci~•er's tees, premiums on receiver's bonds and
reasonable attorne~s Iees. and then to the sums secured by this Mongage. The receiver shall be liable to account only tor
those renu actually t+eteived.
Yi. Futnre Adranoea. Upon requtst by Borrower, Lender, at I.ender's option ~rithin twemty yean from the date of this
Mortgage. may make Future Advances to Borrower. Such Futun Advances, with interac [hereon, shaU be secured br this
bfortgage when evidenced br promissory nota suting that said notes are sccured hereby. At no timc shaU the principal
amount ot the indebtedne~ secured br this lfortgage, not including wms advanced in accordance hereMrieh to protett the
security oE thia Mongage. exceed the original amount oE the Note plus USS NONE------------------------
22. Releaia Upon payme~t o[ all wms secured by this Mortgage. Lender shaU release this Mortgage without charge ~
to Borro~rer. Borrower shall pay all costs of recordation. if any.
23. AttorneYs Feei As used in this \tortgage aad in the Note, "attorney's (ees" shall include atcorney's tees, if any.
~vhich may be a~arded by an appellate court.
.IN WITNESS WHEREOF, BORROWER ~185 CXCCl1~C'(~ tf115 hior
$e1~
Signed, sealed and delnered )
' the presence of: ROBERT T. SIS
' . (Seai)
J - (Seal)
(Seal) ~
STATE OF FI.ORIDA ~ ~ -
COUNTY OF MARTIN
The foregoing iastrument was acknowledged before me this 8th day of
ebruar , ig 79 ~ by ROBERT T. SISCO a sin~le man
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: . _ . 2~ofary Public
~~'~•f~`~:; _ . - ~(y commission expires:
1. ~~fotzry Pu~i'K, State o~ Rczda at larqe
{}~~~ORIDA ~ My Co:nmissioe ExFues Oct. d, 1480
~j ' . . . ~ ~ . fo+~w b A~«o. f+~ e c.wr~ Co~ay)
~ s' ~ay Of
, -^'I'h~~oregoing instrument ~vas acknowledged before me this
` , 19 by ~ . and
j , respectively,
~ President and Secretary of
,
~ a corporation, on behalf of the corporation.
- r«..,~ r~bi;~
(seal) ~iy commission expires:
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~ (Space Below 7bis Line Resened For Lender and Recorder)
f 10.65 Fla. Recenue Stamps Received S 14.20 in payment of taxes due on
~ Cancelled on Original I`ote.
Class "C" Intaugible Personal Property pursuant to
; Chapter 134, Laws of Florida, Acts of 1971.
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