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HomeMy WebLinkAbout0881 ~ %'L..~rf.~~. . ~ r • ,i .•ijili~+ prior to entry of a judgment enforcing this Mortgagc it: (a> Borrower pa)~s l.endcr all sums which would be then due under ~ this Mortgage, the Note and notes securing Futuro Advances, if any, had no acceleration occurred; (b) Borrower cures ~ all breaches of any other covenants or agreements of Bonower contained in this Mortgage: (c) ~rrower pays all reasonable expenses incurred by Lender in e~farcing the covenants and agrcements oi Borrower cuntained in this Mongage and in enforcing ~ender's cemedies as provided in paragraph 18 hereof, including, but not limitod to, reasonable attomey's fees: and (d) Borrower takes such action as Lender may reasonably require to assure that the lie~ of this Mortgagt, Lender's interat in the Properry and Borrower's obtigation to pay the sums secured by this Mortgage shall continue unimpaircd. U~n such payment and curc by Borrower. this :~tortgsge aexi the ohligations secured hereby shall remain in full torce and efiect as i! no accekration had occurced. 20. Assi~nmeat of Reatfi Appoiatmeat of Receiver. As additional security hereunJer, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hercof or abandon- ment of the Property. have the right to collect and retain such rents as they become due and payable. ~ Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender shaU 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 ,t Property, includi~g thoae past due. All rents coUected by the receiver shall be applied first to paymen? of the coses ot ~ management of the Property and collection of rents, including, but ~ot limited to, receiver's fees, premiums an receiver's ~ " bonds and reasonable attorney's fees, and then to the sums secured by this Mongage. The receiver shall be liable to account only for those rents actually received. 21. Fvture Ad.a~s. Upon request by Borrower, Lender, at Lender s option within twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mongage when evidenced by promissory notes stating that said notes are secured hereb~. At no time shall the principal ~ amount of the indebtedness socured by this Mortgage, not including .sums advanced in accordance herewith to protect the security of this Mortgage, e!cca:d the original amount of the Note pius USS. . • • 0• • • • • • • - • • • • • • • - • • • • • • • - 22. Rek~e. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without chazge _ to Borrower. 8orrower shall pay all cosu of recordation, if any. 23. Attoroey's Fees. As used in this Mortgage and in :he Note, "attorney's fces" shall include attorney's fees, if any, which may be awarded by an appellate court. TN WITNESS WNEREOF, Borrower has executed this Mortgage. i ~ . • Signed, sealed and delivered ; i,' in the presence of: ~~`/l~'~ ~~~-~t-~~ _ rIARK LO , 1 , .-~{4-~?~-,-. . . . . . . . . . _J~ . . . . . . c. . ~.r-- . . . . . . . . . . . . . (Seal) BILL DELLINGER ~OfO1N°` ~ i ~j,', v,'~~~ ) ? - I~~L.oJ~ # . . . . . . , . . . . . . . . . ~ ~ . . . . . ~ . . . . . . . . (Se31) LINDA M. DELLINGER ~ . -$o?rawer STATE OF FLORiDA, . . . . . .St. .LuC3,~ . . . . . . . . . . . . . . . . . . . . . . . .County ss: I hereby certity that on this day, before me, an ofi~icer duly authorized in the state aforesaid and in the county ! aforesaid to take~ acknowledgements, personalty appearcd . . Mark . LockleaX, . Bill .Aellinger and . . . . . . . . L3.nda •M. • D~e~l.inger,. his wife. to me known to bc the person(s) described.in and who executed thc ~ foregoing instrument and acknowledged before me that ...they executed thc same for the purpose therein E : eapressed. ~ € I W~TNESS my hand and official seal in the county and statr aforesaid this... ...~6tk~. .day of ~ .~;~h . . . . . . . . . . . . . . . . . . . . . . 19. .7.~ . : t ~ '3VI~+'Cbm~riliss on expires: ~ n ' ' - . . . . . . . . ./~~~:~,G~- . 1~'~Ct~'?-'''~ . . . . . . . . . . . . . . ~ • ~ I_t_y,.+ • Notary Publit ~ 8 I ~ , ~=:i~uvuir n,~~~ n~~ a ~,o~w? ~t Mr _ - ~ . c~o+~uwss~w+ a~s «~oir. a na - _ ~o r~+ ~ ~~a. woaar~ns - ~ € ~ ~ ~ ~ ~ (Spsce Below This line Reserved For Lender and Recorder) ~ ~ ~ - . . '''..~i~..,,~ . . ' u j . ~ ~~y '~.~3 ~~1~ ~ ~ '~9 - ~ ~ F';~ 2 : 32 ~ ~ ~~-G~- ~ ~ ~ . . . . ~ ~ ~ ~ ~ BOOr 3U5 ?!ICE Q80 ~ ~ ~ .