HomeMy WebLinkAbout0768 ,
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prior to entry of a judgment entorci~g this Mortgage it: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and nota xcurin~ Future Advances, if any. had no accelention occurred; (b) Bonower cures .
_ all brcaches of any other covenants or agroementt of Borrower contained in this Mort~a~e: (c) Borrower pays all reasonable
expenses incurred by Leader in enforcin~ the covenants aad aQreements of Borrower coatained in this Mortgage and in
enforcing Lender's remedies as provided i~ paragraph 18 hercof. includin~, but not limited to. rea~onable attorney's fas; and
(d) Borrower takes such action as Lender may rcawnably rcquire to assure that the lien of this Mortga~e. Lender's interat
in the Pmperty and Borrower's obligation to pay the sums securcd by this Mortgage shap contiaue unimpaired. Upon su~h 's
paymcnt a~d cure by Borrower. this Mongage and the obligations ucured hereby shall remain irt full force and effect u if ~
no acceleration had occurred. ~ ~
20. Ad~aaieat ot Reats; Appoiataxat ot Recelver. /1s additiooal security hec~eunder, Borrower haeby assigns to ;
Lender the oents of the Propecty. pmvided that Borrower shall, prior to acceleration under paragraph 18 hercof or abandon-
ment of the Property. have the right to collect and ntaia such nnts as they become due and payable.
Upon acceleration under paragraph 18 heroof or abandonment of the Pmperty, I.ender shall be entitled to have a
receiver appointed by a court to e~ter upon, take possession of and manage the Pmperty and to collect the rents of ihe ~
Propeny, including thoee past due. All rents collected by the receiver shall be applied fint to payment of the costs of ?
management of the Property and collection of renu, including, but not limited to. receiver's fas. premiums on receiver's '
bonds aad rcasonable attorney's fees, and then to the sums secured by this Mortgage. The nceiver shaU be liable to accouat ~
only for those rents actually received. '
21. Futnre Advaoces. Upo~ request by Borrower, Lender. at Lender's option withi~ tweaty years fmm the date of this =
Mortgage, may make Future Adva~ces to Borrower. Such Future Advances, with interat thereon, shall be secured by this ~
Mortgage when evideaced by promissory notes stating that said notes are secured txreby. At no time shall the principal
amount of the iadebtedness secured by this Mortgage. not including sums adv cco ancx herewiW to protect the ~
security of this Mortgage, exceed the original amount of the Note plus USS - . • • • • • • • • • • • • • ;
22. Rdea~e. Upon payment o? all sums secured by this Mortgage, Lender shall rekase this Mortgage without chuge j
to Borrower. Borrower shall pay al! coats of recordation. if any. ~
23. Attorney's Fea. As used in this Mortgage and in the Note, "attorney's fees" shaq include attorney's fces, if any, ~
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
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W od E Jo on. Sr
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„C Louise M. Jo son
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~ 7 ~ $?ATE OF FLO1tIDA . . . . . . . . . . . . . . . . . . . . . . ~ . TttlC~e . . . . . . . COllllty SS:
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i cri , I hereby certify that on this day, before me, an ofi'icer duly authorized in the state aforesaid and in tbe county
~ ~ ~ aforesaid to take acknowledgements, personalty appeared. . ~~2Ql~y. . .,741aI1~0I1.,. . $X. . r~Ild. .LOL1~.S~ .
' ~ Q ;,M., ,,jOY}~1SQX1,, ,~i~;s ,W.~f~... to me known to be the person(s) described in and who executed the _
~ m foregoing instrument and acknowledged before me that CYley. eaecuted the- same for the purpose therein ~
i ~ expressed. -
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~ Wrtl~tESS my hand and official sea! in the county and state aforesaid this. . . . ~~lth . . . . . . . . . . . . . . .day of
~ ......Ma?CC~l 19. .7.~...
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~ 12/20/80
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~ r~~~ : State of a at Large
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