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HomeMy WebLinkAbout1529 prior to entry of a judgment enforcing this Mortgage if: (a) Borr wer pays, Lender all sums which would be then due under this Mortgage, the Note and notes securing Futuro Advanc any, ha no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrow contained ' this Mortgage; (c) Borrower pays all reasonable expenses incurred by Lender in enforcing the covenants red agreemen of Bot~sower contained in this Mortgage and in enforcing Lender's remedies as provided in paragraph 18 reef. includi ,but not limited to, reasonable attorney's foes: and (d) Borrower takes such action as Lender may reasonab require to ure that the lien of this Mortgage, Lender's interest in the Property and Borrower's obligation to pay the su secu y this Mortgage shall continuo unimpaired. Upon such payment and cure by Borrower, this Mortgage and the bligations secured hereby shall remain in full form and effect as if no acceleration had occurred. 20. Aadpated of Rem Appoiatmeat of R ver. As additional security hereunder. Borrower hereby assigns to Lender the rents of the Property, provided that Bono r shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Property, have the right to collect and tain such rents as they become due and payable. Upon acceleration under paragraph 18 he for abandonment of the Property. Lender shall be entitled to have a receiver appointed by a court to enter upon. a possession of and manage the Property and to ~llect the rents of the Property, including those past due. All collected by the receiver shall be applied first to payment of the costs of manage of the Property and collecti n of rents, including, but not limited to. receivers fees, premiums on receiver's bonds and nabk attorney's fees, a then to the sums secured by this Mortgage. 'iLe receiver shall be liable to account only for those re actually receiv 21. Frtnre A U request by Borrower, Lender, at Lender's option within twenty years from the date of thu Mortgage, may make Futurt Advances to Borrower. Such ~tur'e Advances, with interat thereon, shall be secured by this Mortgage 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 Mortgage, exceed the original amount of the Note plus USS.... • . • . • • • • • • . • • • • • - • • • • • - Z2. Rdeaae. 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. Attorney'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 WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the D of: ~ ~ : J ' ~ ` ~it9~ ?N.......... (Seal) - ~ ~ ~ ~ ~ ~ ~ ~ ~ Shine P. Groover i, ~ - STATE OF FLORIDA, ......+.vl~~t~~ COllnty SS: 1 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 $tux'~~y..~.. GTQS2~eT . . . . . . . . . . . . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that ..............executed the same for the putpcue therein expressed. WtTN~~ssss m~~yy hand and official seal in th curacy and state aforesaid this....... ~L..'...........day of I'i .........AP?:~? 19. ~ My Comtnitsion expires: / . f ~':'S - -1) ~i`i:.S+ji~: t1~1i 1S 1r,1~ ~ ' f ,.`y _ - J - a n' ~ . A ? . ~ _ , (Space Beiow This Line Reserved For Lender and Recorder) { I - '79 c" 2 4 ~!t`•f i I : 13 r~orr~: Titan, P. a I /f : 'crney et l.eW. - O. &.»x 526 ~ ~ r Jensen Beach, Fiorfdat 3~~7 t j t i a - 4 - =