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19. Borrower's Right to Reinstate. Notwithstanding Lender i acceleration of the sums secured by this Aortgage, Bot~
rower shall have the right to have any proceedings begun by Lender to enforce this Mortgage disiotttiuued at any time
prior to entry of a judgment enforcing this Irfortgage i[: (a) Borrower pays Lender all sums which would be then due under
this I~lortgage, the Note and notes securing Future Advances, if any, had no accelention occurred; (b) Borrower cures all
breaches of any other covenants or agreements o[ Borrower contained in this Mortgage; (c) Borrower pays aU reasonable
expenses incurred by Lender in en[orcing the covenants and agreement: o[ Borrower contained in this ~fortgagt and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to. reasonable attorney's [ees; and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this 1ltortgage shall continue unimpaired. Upon such
payment and cure by Borrower. this 1liortgage and the obligations secured hereby shall remain in [ull force and et[ect.as it
no accelention had occurred.
20. Aasigttmeat o[ Rents: Appointment of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property, provided that Borrower shall, prior to accelention under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect and retain such rents as they bemme due and payable.
Upon accelention under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to haee a re-
ceiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the Prop-
erty, including those past due. All rents collected by the receiver shall be applied tint to payment of the costs of manages
meat of the Property and collection of rents. including, but not limited to, receiver
s fees, premiums on receiver's bonds and
• reasonable attorneys fees, and then to the wms secured by this Mortgage. The receiver shall be liable to account only for
those rents actually received.
Yl. Future Advanoa. Upon request by Borrower, Lender, at Lender's option within twenty yean from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this
1lfottgage 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 advanced in accordance herewith to protect the
security of this \iortgage. exceed the original amount of the Note plus US; NONE-----------------------
YY. Release. Upon payment of all sums secured by this 1lfortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs ~of recordation, if any.
Y3. Attorney's Fees. As used in this Mortgage and in the Note. "attorney's [tes" shall include attorney's fees, if any.
which may be awarded by an appellate court.
IN W1T:~ESS WHEREOF, BORROWER haS executed thlS Mortgage.
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Signed, sealed and delivered (Seal)
i` ~he presence of: '
~J~G~l/t.!/v ~ y ~ (Seal)
~ ~ G S DY
(Seal)
(Seal)
STATE OF FLORIDA
COUNTY OF MARTIN ~
.
T'~lt:Eoh~gping instrument was acknowledged before me this 30th day of
March .lg 79 by LAWRENCE W. MOODY and GLADYS V. MOODY his
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_ _ fly commission expptres•
STA'Y`l;''O_F ,~;,ORIDA NOTARr PIJdIIC STATE OF FLORIDA AT tJ?tat,E
MY CprtiMISS10N EXPIRES NOW. 19 1981
COU1\''~•O~ ~ SS. RpN1pfD TttRU GENERAL 1N5. tMdOERWRITERS
The foregoing instntment was acknowledged before me this clay of
19 by and
i
,respectively,
i President and Secretary of
~ a corporation, on behalf of the corporation.
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Xota»' Public
! (seal) \fy commission expires:
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(Space Below Ttus line Reserved For Itnder and Recorder)
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~ 60.00 _ Fla. Revenue Stamps Receis•ed S 80.00 in payment of taxes due on
F Cancelled on Original Note.
Class "C" Intangible Personal Property pursuant to
Chapter 139, Laws of Florida, Acts of 1971.
Ta: Collector
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