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19~ D~ono~rer's Risht to Aeinuate. Notwithstandina L.e~der's accelention o[ the suuu secured br this J?iortgage. Bor-
rower shall,have thc right w have anr praeedings begun br Lender to e~[orce this Atortgagt~ d~tonti~ual; at any tiane
prior to entry oI a judgment entorcing this Mortgage if: (a) Borro~rer paps Leader all sutnt which would be t`hen due under t
this 1?tortaaae. the Note and nota securii~g Future Advanca. if anr. had no aaelencion «curred; (b) Borrower cura all
breactKS oi aqy ochdr oovenants ar agreements of Borro~ver tonaioed in thu Mo~cgage: (c) Borrower pan all reasoaable
expema inturred bY I.endet in entorcing the coveaants aad a~ne~4 of Bortow+cr mntained in chu 1?tongage and ia
e~[orcina Lender'~ reaoedia u provided in paragraph 18 hercoi. iocludina. but ~ot ltmited to. reasooabk attorney's [ea: and
(d) BorroNer taka wch action u Lender map reasonablJr require w as~ure that the lien oE chis Mortgage. Lendn's interest
in tbe Property aad BortoweYs obligation w pay tl~e wms iecured b~ thu Morcgage shall ooncinue ununpaired. Upon wch
ps~nent snd ture br Borrorver, this Niottaage and the obUgatiom ~ecuted hereby shaU remain in Eull force and ef[ect as iE
ra aooekration had oocurred. '
Y0. Awi~ament of Reat~ Appoinm~eat of Reoel~et. As additional tecuritp hereundtr. Borro~rer hereby auigtu to
Lender the rcnta oE the Properq. provided thsc Borrower ahaU. prior to aoalerauon under puagraph 18 hercot or abandon-
me~t of the Propertr. have the right to collect and reain wch rents a~ t6ep beoome due ar~d payabk.
Upon accekratioA under paragraph 18 hereof or abandonmept oE the Pe+opert~. Lenda shall be entided to have a rr
ceiver appoinced by a oourt to enter upon. take poaseuion oE and msnage the Property and to mllecc the rents of the Prop~
erty. induding those past due. All tenta mllected by the reoeiver shall be applied Eirst to payment of the costs of manage~
ment oE the Prupert~ and mllettion o[ rents, including. but not limited to. receiver's [ees. premiuau on receivrr's bonds ar~d
• rrssonable attorneY: tea. and then to the wms securtd by this Mongaae. The receiver shall be liabk to account onlr Eor
thoQe nnts actualtp received.
31. ~ture Ad~aaas. Upon rtquat b~ Borro~ver. Lender. ~t I.endet's option ~?ithin t~venty yean Erom the date oE this
Morcgage. mar make Future Advanca to Borrower. Such Fucure Advances, ~vith interesc thereon, shall be xcuted b~ thit
Mongage when evidenced by promissory noca scacing chat said notes are secured hereby. At no time shaU che prindp~l
aawunt of che indebtednaa secured by this 1ltortgagc. not induding suau advanced in accordance hetewich to protect the
secvrity of this Mongage. exceed the original unount of the Note plus E7Si NONE-----------------------
YY. Relrasa Upon payment of all sums secured b~ this Mortgage. Lender shall nl~ase this Morcgage without charge
to Borrow~er. Borrower shall pay aU costs of reoordation, if any.
23. Attorae~~ Feea As used in this ~tongage and in the Noce. "ittorney's [ees" shall indude atcornep's fees. if an~r.
w+hich may be awarded by an appellace murt.
IN tiVITNESS WHEREOF, BORROWER t113 CXCCI1tCd this Mortga . ~
'~~~i~~~%(~i[ ff.r ~
Signed, sealed and delivered al)
i the presence of • '
XJ~C ~ ~ (Seal)
ELLEN M. PEITZ
~ (Seal)
~ (Seal) ~ ~
STATE OF FLORIDA
COUNTY OF t?1~1RTIN ~
~~t1~/{iliiJi . ~ . . . ~ .
;~`tYie ~rigoii]~,instrument was acknowledged before me this 28th day of
~h ig~~bY MICHAEL R. PEITZ and ELLEN M. PEITZ his wife
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~ . . ;ti~ ~ _ ~iy commission expires: ~
• NQ-~f.v o'.'~C•: ST4Tf C~ FtORiDA AT.IARGf
i STATE,OF ,~L(~.ItIDA Nr ~~y~~.v?SS~ii~, ~~...,RF> Ht~v ~v ~o.~?
COUNTY OF'`~ ~ ~v,xo :.ir.;dAl t'tS JnJERWR~.EAs
~ The foregoing instrument was acknowledged before me this ~ay of
, 19 by and
~ . respectively,
~ President and Secretary of
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~ a corporation, on behalf of [he corporation. .
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~ Notvy Public
i (seal) ~Iy commission expires:
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{ (Spaoe Hcbw This I.ioe Reserved For i.ender ~nd Reeader)
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~ ; 60.00 Fla. Revenue Stamps Recei~ed S g0.00 in payment of taxes due on . '
Cancelled on Original Note.
Class "C" Incangible Personal Propercy punuant to
' Chaptet 134, Laws of Florid~, Acts ot 1971.
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Tu Collector
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