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prior to entry ot a judgment entorcing this Mortgage if; la) Borrower pays Lender all sums which would be thcn due unda~
this Mortgage, Ihe Note and notea securiog Future Advances; if a~y, had no acceleration occu~red; (b) Borrower cures
all breaches of any other covena~ts or agreemeots o[ Bor~awe~ contai~ed in this Mortgage; (c) Borrower pays all rcasonable
expenses incurred by Leoder in en(orcing the covenagts and agrcements of Borrower co~tained in thia Mortgage and in
enforcing Lender's remedia u provided in paragraph 18 hereof, including. but not limitod to. reasonable attomey's teat; and
( d) Bo~rower taka such action as Lender may reawnably requir.. to assure that the lien of this Mortgage. Lender s interest
in the Property and Bormwer's obligation to pay the sums secured by this Morigage shall continue unimpaired. Upon such
paymenl and cuee by Borrower. this Mohgage and the abligations securod hereby shall rcmsirt in full fotce and efiert as i[ ~
no accel;ration had occurred.
20. Assi6nmeat ot Reatx Appolatment ot Receirer. As additional securily hereunder. Borrower hereby assigns to
I.ender the rents uf the Property, provided that Borruwer shall, prior to accele~ation undet paragraph 18 hereof or abandon-
ment of the Prnperty, have the right to coltect and retain such rents as they become due and payabk. •
Upon acceleration under paragraph IR hereof or abandanment of the Property. I.ender shall be entitlod to have a
receiver appointed by a court to enter upon, take posses~ion ot a~d manage the Property and to collect the rents of the
Property, including those past due. All rents rollected hy the receiver shall be appliod first to payment of the costs of
manag~rr~nt of the Propeny a~d coilectian of reots, including, but not limited to, roceiver's fees, prcmiums on receiver c
bonds and reasonabk attorney's ices, and then to the sums secured by this Mortgage. The receiver shall be liable to account
anly (ar those rents actually received.
21. Fature Advaoces. Upan request by Iiorrower, I.eoder, at I_ender s option within twenty years from the date of this
M~rigage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this
Mortgage when evidtnced by promissory notes stating that said notes are secured hereby. At no time shall the principal
:~mount of the indebtodness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the o~iginal amount of the Note plus USS. ----r---r-'---"""'
22. Reieaie. Upe~ payment of all sums secured by this Mohgage, Lender shall releau this Mortgage without charge
to Borrowe~. 8orrower shall pay all costs of recorJalion, it any. ;
23. Attorney's Fees. As used in th~s Mortgagc and in thc Note. "attorney's tees" shall include attorney's fees, if any, ;
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which may be awarded by an appetlatc ~aun.
~N WITNESS WHEREOF, Borrower has cxccutcd this Mortgagc.
;
Signcd, sealcd and delivered
in thc Drescnce of:
,r~ ~yC.~.Ni!'1(G}.~~. _ c~!?2..~- ~!~~~(Scal)
~ . , f . . . . R~~ Hovde~ . . . . . . -a«.owe~
1 ; ~
. . ~ ~N~-~:~-. . .~.a-~.- . : . . . . . . . . . . . . . . . . . . . . . (Sea!)
~ Laura E . Hovde -~''°'"N
STATE UF FLORIUA. - - . . . . . _ . S~. _LuC7.~ . . . . . . . . . . . . . . . . . . . . .County ss:
1 hereby certify that on this d3y, txfore mr, an aflicer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgrmcnts, p~ rsonally appcarcd R~.Fh .A• .~o.v.de . ap(~ ~17Ca. E,. HQ~Ide, . h~.S . ~
~ . . . ..wiPe . . . . . . . . . . . . . . . . . . . . . . . . to me known to bc: the pcrson(s) described in and who exccuted the ;
( foregoing instrument and acknowledged beforr mc that . tliey. eaecuted the same for the purpose therein t
e expressed.
~ W~TtvESS my hand and official scal in thc county and statc aforesaid this. . . . . . .Fi~h . . . . . . .day of ~
' . . . . .b'ebrua.~y . . . . . . . . . . . . . . . . . . . 19 . 79. . . . -
~ My Commission exp~res: / i
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~ ~ - tSMlj. Not~ry Public
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(Spsce Below This Line Res~rved Fw Lender and R~corder)
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