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HomeMy WebLinkAbout2899 . t~ 1r1 • ~r'1.~~ prior to entry of a judgrmnt enforcing this Mortgage if: (a) Borrower pay: Lender all sums which would be then due under this Iortgage, the Note and notes xcuring Futuro Advances, it any, had no acceleration occurred: (b) Borrower cures all breaches of any other oovenanb or agreements of Borrower,contained is this Mortgage; (c) Borrower pays all reasonable expeasp incurred by Leader in enforcing the covenants and agreement: of Borrower contained in this Mortgage and in enforcing Lenders remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and (d) Borrower takes wch action as Lopder may reasonably requiro to assure that the lien of this Mortgage, Lender's interest in the Property and Borrower's obligation to pay the s;~ms secured by this Morigago shall continue unimpaired. Upon such payment and care by Borrower, this Mortgage and the obligations :ecurod hereby shall remain in full force and effect as if no acceleration had occurred. 20. Mtlgoaaeat of Reabl Appoiota~tt of Rectlver. As 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 pangaph 18 heroot or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a cot~t to enter upon, take possession of and manage the Property and to collect the rcnb of the Property, including those past due. All rents collected by the receiver shall be applied Ant to payment of the casts of management of the Property and collection of rents, including, but not limited to, receiver's fees. premiums on receiver': bonds and reasonable attorney's foes. and then to'the sums secured by this Mortgage. The receiver shall be liable to account only for those rants actually received. ' 21. FWw~e Adrseces. Upon request by Borrower, Lender, at Lender's option within twenty yeah from the date of this ° Mortgage. may make Future Advances to Borrower. Such Future Advances, with interest 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 - security of this Mortgage, exceed the original amount of the Note plus USS19,000.00...... • • - -22. Reka~e. Upon payment of all sums secured by this Mortgage. Lender shall release Wis Mortgage without charge to Borrower. Borrower shall pay all coats of rernrdation, if any. 23. Attorney's Rees. As used in this Mortgage and in the Note. "attorney's-fees" shall include attorney's foes, if any, ' which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in n of: ~ j. .~..~..J :~:--:_:-:'......(Seal) _ JACK S . DEXTBR r~~ -a;orrow.. i . ~ ~ ~-s...~ (Seal> . 1KARY DEXTffit --~eo.row.r \ _ STATE OF FLORIDA,.......5>i:.)~.ucie,,,,,,,,,,,,,,,,,,,,,„~untyss: - I hereby certify that on this day, before roc, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared... JACK, S., DF~1'l~t, ltd x,yr, p~>~, , , , , , ,his wife, , , , , , , , , , , , , , , , , . , , . to me known to be the person(s) described ir. and who executed the foregoing instrument and acknowledged before me that ....they ......executed the same for the purpose therein } expressed. - # my hand and o8icial seal in the county add state aforesaid this ?3rd. , . , , , , , , • day of Si r•l 19.79... F € f ~y~~~~~~ ~J.l~ C N - ~ i ~ ~ € _ ' ~ t W _ t~ublit f R .1 Fr ~ , ~ notary Pu5'c, ~r2rp er ~ F ~ ~ C9AL oriQs et targa 'n+ssicn ExF;re~, fir. 14, 19gp e F t (Spec! aNow TAia Lino RssNVrd For lerWer and Recorder) ' -Fli~o ar:U RECOROI:D`- ~ 3 Nbstrxt 8r TitJe Cofp. of Florida '79 FEB 26 PM 3:01 CLER,iC CiiiCU~T ,%UURT - t ~OfiK~ fAC~2~~ _ i