Loading...
HomeMy WebLinkAbout1789 t prior to entry of a judgrneat enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be rhea due under ~ this Mortgage. the Note and notes securing Future Advances, it any, had no aocekratioa occurred; (b) Borrower cures all breaches of any other oovoaaats a agreements of Borrower contained in this Mortgage; (c) Borrower pay: all reawnable expenses incurred by Leader in eafoecing the covenants sad agreement: of Borrower contained is this Mortpge and in' enforcing Leader'. remedies as provided is paragraph 18 hereof, including. but not limited to, reasonable attorney's tea; and (d) Borrower takes such action as Leader may reasonably require to aauro that the lien of this Mortgage, Leader's interest in the Property and Borrower's obligation to pay the sums secured by this Mortpge shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured herby. shall remain in full force and effect as if 0o accekntion hsd occurred. 28.~ ArriBwM a[ ReNq Atpintaeat of Reeelver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property. provided that Borrower shall. prior to acoekration under paragraph 18 hereof or abaadoa- meat of the Property. have the right to collect. and retain such rents as they become due and payabk. Upon soceleratioo under paragraph 18 hereof or abandonment of the Property, Lender aball be entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the ~ Property, including those past due. All rents collected by the receiver shall be applied first to payment of the cost: of B management of the Property and~colkction of rents, including, but not limited to, receivers fees. premiums oa receiver's t bonds and reasonabk attorney`s fees, and then to the sums secured by this Mortgage. 'ILe receiver shall be liable to account Daly for those yenta actually received. { 21. Frtare Advancer. Upon request by Borrower. Lender. at Lender's option wAthin twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advaaas, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are 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 . security of this Mortgage? exceed the original amount of the Note plus USY. Yl. Rekare. Upon payment of cep sums secured by the Mortgsge. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation. if say. ?3. Atoorsey's Fes. As used is this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if say, which may be awarded by an appellate rnurt. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: ~tb~l~ : 1#2Sf1A~t' -eorrowr . . ,rC` :,'~:'.'J.. ~ "~L ...~~~tlri~ (Seal) . Lf11.~1' Bls~i~Al -eons... ,,STATE OF FLORIDA SX.+•. ~iG1t3..................County a3: [ i I hereby certify that on this day, before me, an offrrxr duly authorized in the state aforesaid and in the county ~ aforesaid to take acknowledgements, personally appeared... XQUSEF. B.. RZSIi~9I. alyd .EII,E@I. BS,SHAI,.... hi.6 .t~life . . . . . . to me known to be the person(s) described in and who executed the ~ foregoing instrument and acknowledged before me that .....they .....executed the same for the purpose therein ~ expressed. i WITNESS my hand and o~cial seal in the county and state aforesaid ch;s.........l9th...........day of ........~eblct>~t ................1979..... } p expires: J V ± ~ Puatc f l~V _ _ } 4 p ~ _ ~ S 1 * '~~r~i~j~gr~1!~~~; . (Space liNow This liM R~rvW For l.endo? •nd Recorder) ' 9 I ~ooK303 ~~E1787