HomeMy WebLinkAbout2703 prior to entry of a judgment enforcing tha Mortpp it: (a) Borrawet pay: Leadsr all sutm which would be then due uadsr
this Mortpge, the Note and trots securing Futuro Advancsa, it any, hsd ra aoceleratioa occurred; (b) Horrowsr corn
all breaches o[ any other coveoaats or agroentettts of Borrower contained in this Mortpp; (e) Borrower pay. all reasonable
expenses incurred by Lender in entorcing the oovenagt: and agroementi of Borrower contained in this Mortgap and is
enforcing Lettder's.remedies ss provided in paragraph 18 hereof. including, but not limited to, roasoaabb attorney's tees; and
(d) Borrower takes such action as l.ertder may reasonably requiro to sawn that the lien of this Mortgage, l.ertdet"s interest
in the Property sad Borrower's obliptioa to pay the sums securod by this Mortgage shall continue unimpaired. Upon atrclt
payment. and cure by Borrower, tha Mortgage and the obliptiorts sewrod beroby shall rrmaia is toll fora and effect as it
no aecekntion had oCCUrnd.
21. Aasiprttept of Reae~ A~obttssent oil Receiver. As additional security hereunder, Borrorvsr hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to scoekratioa under paragraph 18 lteroot a abandon-
ment of the Property, have the right to collect aced retain such rents as they becoo~e due and payable.
Upon acceleration under paragraph 18 hereof or sbandoama~t of the Property. Larder sbap 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 pest .due. All roots collected by the receiver shall be applied first to payment of the Cosh of -
managemeat of the Property and collection of roots, including. but not limited to, receiver's fees, premiums oa re?ceiver's _
bonds and ressooabk attorney's fees, and then to the sums secured by this Mprtp~e. The receiver :ball ba liable to account
Doty for those rents actually received:
21. Frtore Airaf+cea. Upon request by Borrower, Lender, at Leader's option within twenty years from the date of this
Mortgage. may make Futuro Advances to Borrower: Stich Futuro Advances, with iater+at thereon, shall be secured by this
Mortpge when evidenced by promissory rates :Wing that said notes aro secured hereby. At ao time shall the principal
amouttt of the indebtedness socurod by this .Mortgage, not _indudinj wms advaAOOd in aooordaltoe hereNitb to protect the
security of this MortpjDe, exeood the original amount of the Note plus USS.
22. Rskase. UpoA payment of all sums secured by this Mortgap, Leader shsll release this Mortpp wi@tout chsrge
to Borrower. Borrower :ball pay all costs of recordation, if any.
23. Att~ey*a Fen. As used in this Mortgsge sod in the Note, "attorney's fea° shall include attorney's fees, if any.
which may be awarded by as appellate court.
IN WITNESS WHEREOF, BOrfOWe[ has Executed this MOrtgege.
Signed, sealed and delivered
in the Dc+esenoe of:
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...~~~c.c~ . ~-t~ y,~:>r ...(sue)
.rrington M. Lloyd -aO"'0M/t
:ti•. . ~ (Seal)
Isabelle M. Lloyd - ~1°w"
STATE OF FLORIDA . ...............SL.. (_lJL1,4' ...............cortnty Ea:
.
1 hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county ;
aforesaid to take acknowledgements, personalljr appeared..Carr'.ingtoD. M.. ltoyd. and .lsabel.l~e .h..... .
Ll~olcd , . h.i s..w i. f e . to me known to be the person(:) described is and who executed the
foregoing instrument and acknowledged before me that... they.......executed tb4 same for the purpose therein
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~,~sS my -hand and official seal in the county and state aforesaid this gth ..............day of
/`''y~`eb~:ua ry........... 19..79.
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