HomeMy WebLinkAbout1771 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 aaxleration occurred; (b) Borrower cura
all breaches of any other covenants or agreements of Borrower contained in thk Mortgage; (c) Borrower pays all reasonable
expenses incurred by Leader in enforcing the covenants and agreements of Borrower contained in this Mortgage and is
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to. reasonable attorney's tees; and
(d) Borrower take such action as Lender may reasonably require to asaurc that the lien of this Mortgage, Lender's interest
in the Property ind Borrower's obligation to pay the sums secured by this Mortgage :>tall continue unimpaired. Upon such
payment and cure by Borrower. this Mortgage and the obligatioru secured hereby shall remain in full force and ef[ect as it
no acceleration had occurred.
20. AssigrtmcN of Resits Appois~taaeN a< Receiver. !~s additional security hereunder. Borrower hereby assigns to !
Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 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 puagraph 18 .hereof or abandonment of the Property, Lender shag be entitled to have a
receiver appointed by a court to enter upon, take posseuion of and manage the Property and to collect the rents of the f
Property, including those past due.. All rents collated by the receiver shall be applied first to payment of the cosu of j
management of the Property and collection of rents. including. but not limited to, receiver's fees, premiums on receiver's
bonds and reasonable attorney's fees, and then. to the sums secured by this Mortgage. "Ifte receiver shall be liable to acxount
only [or those rents actually received. -
21. Future Advsuca. Upon request by Borrower. Lender. st Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances. with interat thereon, shall be secured by this
' Mortgage when evidenced by promissory notes stating -that said notes arc 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 i
security of this Mortgage. exceed the original amount of the Note plus USS. • • • • • • • • • • • • • • '
22. Rtdeaae. Upon payment of all sums scoured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation, if any.
Z3. Attorney's Rees. As used in. this Mortgage and in the Note, "attorney's foe" shall include attorney's fees. if any,
which may be awarded by an appellate court. - -
IN WITNESS WHEREOF, Borrower has executed t ortgage
Signed, sealed and delivered
in the presence of: •J~•••~ (Seal)
• -$orrawer
•
t V WY1 Cam-, ~ ~ ~ .
. Seat
` .D J. ~ENG _eoeow.
~ (Seal)
STATE OF FLORIDA . BroWard....................County ss:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared ~~1G'~.kl.. F~L~i~$$.b~. A~~ .J..~N~~SA, .b1a. yr~fe
b~ BF•NNEfiB, .a. siAgle .tt~o?....., to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that....t:11ey......executed the same for the purpose therein
eapressed. -
WITrtESS my hand and official seal in the county and state aforesaid this ~ th day of
j Fitt~suary 19.7.9....
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