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HomeMy WebLinkAbout0502 ~ . • , . . . s . , ' 1' ` 't .i ,i ` ti. prior to entry of a judtment ea[orcin~ this Mott`a~e if: (a) Borrower pa~n Lender all suau which would be then due unde~ this Mongs~e, the Nota and nota socurins Futuro Advances. if any. had no aoalentioa occurrod: Ib) Aomower cures all breacba of any wl~u ooveoaats or aareemen~ of Borrower contained ia this Mo~a~e: (c) Bornower pays all rcasonable expeasas iacurred by I~ender in eatorciag the cove~ts and ajreeme~ts oE Bon~oaet contaiood in this Mortga~e and in cnforci~~ Lendcr't ranedia as provided in pusaraph 18 hereof. includin~. but not limitod.to, [eawnabk attorney's tees: and (d) Burrowar takea such action as I.ende~ may reaso~ably require to assure that the licn of this Mortp~e. Lender's inteceat ~ i~ the Pcoperty and Bormrww's obligation to pay the sums xcured by this Mortp~e shall continue uaimpaired. Upon such ` paymeet :tid cure by Borrower. thi: Mort~e and the obligatioas :ecured hereby sball remaia in full fo[oe aod eftect u if 0o accekntioa had occurred. 7 20. Msipwe~t at ReMR A~poidae~t of Receiver. As additanal security heteunder, Borrower hereby assigns to ~ Lendc~ tl~e nn4 of the Prope~ty. provided that Bomower shall, prior to ~ccekration un~kr pusgnph 18 hereof or abar~don- ment ot the Property. have the right to collect and retain :uch rcnts as they becoma due aad payable• i Upon accekrstion under paragraph 18 hereof or abando~mc~t of the Property. I.ender shaq be~eatitled to have a ; ~ receiver appointed by a court to enter upon. take poastssion of and manage the Property and to oolkct the nnts of the Property, i~cludina those past due. All re~u rnllected by the roceiver shall be applied first to payment of tbe coats of management of the Property aad oollection of n~ts, including, bot not limited to, receiver's feea. pnmiums on receiver s s bonds aad reasor~abk attoraey's fees. and tlx~ to the sums secured by this Mortgage. The roceiver shall be liable to account only for those raata actwlly reoeived. ' 21. Ftitrre Ai~a~ees. Upon request by Borrower, Lender, at Lender's option within twenty ytars frnm the date of this t Mortgage. may make Future Advances to Borrower. SLch Future Advances, with interest theroo~, shall be securod by this ' Mortgage when evideaced by promissory notes stating that uid notes arc secured hereby. At no time shall the principa~ amount of the indebtodnas securad by this Mortgage, not including sums advanced in aocordance herewith to protcet the security ot th~ Mortgaae, euoood tt~e ori~inal amoun! of the Note plus USS.-------------------. ' 22. Rdea~a Upaa paymeat of dl sums secured by this Mortgage. Lender shall rclesse this Mat~e withoat chuge to Borrawer. Botro~wer shall pay aU coats of recordation. if any. ~ 23. AttoAr''s Rees. As tued in this Mortgage and in the Note. "attorney's fees" shall include attomey's fees, if any, which may be awuded by aa appel{ate rnu~t. IN WITNESS WHEREOF, Horrovrer has executed this Mortgagc. ~ • } Signed. sealed and deGveced ~ in the presence of: s . C . . . ~a-.~ . . . . . . . . . . . . . . . . . (Seai) ~ Herbert W.. McComb r ,-86rt'01NK ~ . i . .~1~~?~~ ~ . . . . . . . . . . . . . . . . . ~I. ` . . . . . . . . . . . .(Seal) - F~ed i a M. HCCumber -~0"~ STATE OF FLORIDA, . . . . . $.ti.• -I.YCJ@ . . . . . . . . . . •.COUIIt~/ SS: I hereby cenify that on this day, before me. an ofi'icer duly suthoriud in the state aforesaid and in the county aforesaid to take acknowledgements, pcrsonally appeared. .Herber.t .W. . Ncf.~nber. and .Fxed i a. H.. ' . . . . . ~Cumber•,- -h~s •wi #8 . . . . . . . . . to me known to be the person(s) described in and who executed the ; foregoing instrument and acknowledged before me that. ..taey• •••-••eaecuted the same for the pnrpose therein ~ expressed. ~ W~rt~tESS my hand and official seal in the county and state aforesaid this. . . . . . . 6tb . . . . . . . . . . . . .day of _ ~ . . . . . . . . . . . . . . Apr. i l . . . . . . . . . . . .,19.~9 . . ~ My Commission expu~es: ~yy~ /J~ ~ . ~ F . J'~:" c y~~ N0~1ry PYb1iC ~ ` .~N~N~ItIfU. . . ,n . . r~~ ~ ~it ~ i i.s 1,_? ~ ~ ~i~' ~ t ~ i~~r'L~~ , ~ `7~.•~ r •.y ..~~0.:Y . r__ { R C~' G;;:.: !V- ~''.a. . ~ ~ . . ~ _ ~ ~ . ~ - - fy~ ~ ' (5psce Bllow TAis lir» R~st~v~d FOr ~endlr s~~/ r~ / ~ 05tr££ d01a01~ ~3~~31d ~~0~ ~ E~ : v~~ r?~coRCEp- ~nn?~nv 3Jth'~NO ~T!~ ~ C Cv':?Y. r ~q. 11N11dV~O~ 3::N`di3f1Sti1 311t1 O~d~IHJ i ~ . ~r-~ ~1 ~ ' ~ ~ 79 ~r~ ~e PM 2: os ~ , ~ ~ CL;.tir ~;p~'~~ ~ ~ ~ „ ~ , .,:C~~ ~ OR ~ ~~~~07 ~ 5oz ~ . . ' 1 i ~ • i ~ y s . . .:~r'~