HomeMy WebLinkAbout2875 .
~ a ~ f
prior to entry of a judgment ~atorcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this 1?fortgage. the Note and notes securing Future Advances. if any, had no acceleration occurred; (b) Borrower cura
all breaches of any other covenants or agreements of Borrower curtained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender a remedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's fees; and
(d) Borrower takes such action as Lender may reasonably require to assure that thelien of this Mortgage, Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage :hall rnntinue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as i[
ao aecekntion had occurred.
20. Asrigt~eslt of Rerttst Appotatraeat et Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the renu of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property. have the right to collect and retain such rents as they become due and payable.
Upon acceleration under puagraph 18 hereof or abandonment of the Property. Lender sbaU 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
Property, including those past due. All rents collected by the receiver shall bt applied fine to payment of the coats of
management of the Property and collection of rents. including, but not limited to, receiver's fees. premiums on receiver's
bond: and reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rents actually received.
21. Frrtwe Advaseea. 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 interat thereon. shall bZ secured by this
Mortgsgt when evidenced by promissory notes stating that said notes art secured hereby. At no time :ball the principal
amount of the indebtedness secured by this Mortgage. not including sums advanced in aceordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS.....p~A .
22. Relessse. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Attoreey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees. if any.
which may be awarded by an appellate court. _
IN WITNESS Wt~EREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
~ ~
~./r~. R-t~~~:. 3~Y:..C.X~ ~-Qd ,~.s~.~- .................(seal)
CK R ~
. Q~,(,~- ~
~i{.~~~C:~-._.. v seal
cam
. ( )
FRANCES E. HEAFNER "~Or~
STATE OF FLORIDA, S~•..f,UCIE .........................County ss:
I hereby certify that on this day, before me, an officer duly -authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared.. J.. Mack .>3ea>=n~.x .and. Frances .8.. Hea~ner, .
......his .wife to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that . they......... executed the samc for the purpose therein
cxpressed.
i
WITNESS my hand and o8'icial seal in the county and state aforesaid this.... l2fh ...............dsy of +
A .Aril 19.79....
e ~ s trZotaey Publle
'Q ~
t7 • D
0 : r.' pQfAt1Y Pl1tt~JC 5?A?F OF Fi.t111tt1A AT UIIMT.
( ~ 'x ~ , MY COMMISSION EXPIRES MAY 18, 19T9
• y ~ ~ ;
' B(INDED iHBU GENERIU. INS. t.'NIiEAtYNRE@S
1 (Sp~et tiNow TAis LiM R~s~~v~d Foe L~ndlt and Roewded
3
s
`f
i
f
t
s
x
t
f
DY~ ~
i ~
i
. . _ ~