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19. Borrower's Right to Reirutate. Notwithstanding Lender's acceleration of the sums secured by this Mortgage. Bor•
rower shall have the right to have any proceedings begun b,yy Lender to enforce this \lortgage dlscoatinueti at any time
prior to entry of a judgment entorcittg this Mortgage i[.~ (a)'Borrower pays Lender all sums which would be theft due under
this Aortgage. the Note and notes securing Future Advances. it any, had no acceleration occurred: (b) Borrower cures all
breaches of arty other mvenanu or agreements of Borrower conuined in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this \iortgage and in
enforcing Lender
s remedies as provided in pangraph 18 hereof, including, but not limited to, reasonable attorney s tees: and
(d) Borrower takes such action as Lender may reasonably requite to aurae that the lien of this Mortgage, Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Aortgage and the obligations secured hereby shall remain in Lull force artd e[[ta as it
no aaelention had occurred.
20. Assignment of Rentsq Appointment of Receiver. As additional security hereunder, Borrower hereby assigns to i
Lender ehe rents of the Property. provided that Borrower shall, prior to accelention under paragraph 18 hereof or abandon- f
went of the Property. have the right to collect attd retain such rents as they become due and payable. i
Upon accelention under pangnph IS hereof or abandonment of the Property. Leader shall be entitled to have a re-
ceiver appointed by a mutt to enter upon, take possession of and manage the Property and to collect the renu of the Prop•
erty, including those past due. All rents collected by the receiver shall be applied first to payment o[ the costs o[ manage-
ment of the Property and collection o[ rents, including, but not limited to, receiver's tees, premiums oft receiver's bonds and
. reasonable attorney's tees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for
throe rents actually received.
Yl. Future Advaaaa. 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
:1lortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanctd itt accordance herewith to protect the j
security o[ this Mortgage, exceed the original amount of the Note plus USS NONE--------------------------
22. Release. Upon payment o[ all sums secured by this lltongage, Lender shall release this 1lfortgage without charge
to Borrower. Borrower shall pay all costs of recordation, if any.
Y3. Attorneys Ftes. As used in this Mortgage and in the Note, "attorneys fees" shall include attorney's fees, if any, {
which may be awarded by an appellate court. -
i
Irv ?VITNESS WHEREOF, BORROWER has executed this Mortgage.
~ Seal
Signed, sealed and delivered ~ ( )
i~the presence of: i M1~.IAM P- ZIMA -
~(~,~lJ Q- (Seal)
f
(Seal)
(Seal)
STATE OF FLORIDA
COUNTY OF MARTIN ~
T'he foregoing instrument was acknowledged .before me-this 2l st day of
March , Ig 7~by WILLIAM P. ZIMA and I Ft~t>: ZI[?!A h~ s w~ fP
- Esea~~
- tiotaq• ubl'
G afy commission expires:
S"I'~1'FE.OrF FLORIDA t.)p~atr ~~s1 F,~w~7s a.t )~RCa3
COI:jN~I'Y f~l~ ~ ss. n!Y '~;,r. w i',> ~ • n: v; ri, •o y
. ~..A ,tRS
The foregoing instrument was acknowledged before me this day of
, 19 by and
t respecti~'ely,
President and Secretary of
t
a corporation, on behalf of the corporation.
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u Rotary Public
(seal) a(y commission expires:
F
i
d
$ ~
(Space Be)Ox This line Aesened For Lender and Recorder)
s 15.00 Fla. Res•enue Stamps Receis•ed ~ 20.00 in payment of taxes due on
Cancelled on Original \ote.
Class "C" Intangible Personal Propert}' pursuant to
Chapter 134. Laws of Florida, Acts o[ 1971.
i
Tu Collector
3CRr ~V~ 2~.8?
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