HomeMy WebLinkAbout1854 ;3~~.~ Tr~a
prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortpge, 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 contained in this Mortgage: (c) Borrower pays all reasonable
oxpea:cs incurred by Leader in enforcing the covenants and agrameats of BorrowC[ contained in this Mortpge and is
Enforcing Lender9 remedies as provided in paragraph 18 hereof, including, but not limited to, reawaable attorney's foes; 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 obtigation to pay the sums secured by this Mortpge shall continue unimpaired. Upon such '
payment and cute by Borrower, this Mortpge and the obliptions secured hereby shall remain in full fora and eft as it
no accekration had occurred. i
Z0. Asdgstwestt of Resttsl Appointment of Rttelvtr. As additional xcurity hereunder, Borrower hereby assrlgns to t
Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- ~
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meat of the Property. have the right to collect and retain such rents as they become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall 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 duo. All rents collected by the receiver shall be applied first to payment of the costs of
management of the Property and collection of rents. including, but not limited to, receiver's fns. premiums on receiver's
bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. 'ILe receiver shall be liable to account i
only for those rents actually received.
T1. Frtarre Aavatsce+a. Upon t+equest by Borrower, Lender. at Lender s option within twenty years from the date of thu
Mortgage, may maize Future.Advances to BotTOwer. Such Future Advances, with interat thereon. shall be secured by this s
Mortgage when evidenced by promissory notes stating that said notes arc 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
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security of this Mortpgo, exceed the original amount of the Note plus USS..... • • • • • • • • .
T2. Reksne. Upon payment of all sums secured by this Mortgage. Lender shall rekax this Mortgage without charge
to Borrower. Borrower shall pay all costs of rernrdation, if any.
23. Attorney's Rees. 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. ~
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Signed, sealed and delivered Y
in the presentx of: '
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-8o.rowK
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. . (Seal,
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STATE OF FLORIDA, I"iar,GiII.. • • . • • • • - • • • • •COtlnty SS:
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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... ~etle.>alaitss .and.Betty...I..Vaits
to me known to be the pe,soa(s) described in and who executed the
foregoing instrument and acknowledged before me that ..they .......executed the same for the purpose therein
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expressed.
j WlTrress my hand and official seal in the county and state aforesaid this24th ...................nay of `
Apr~..L 19 ...7.~
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MY CO~.~_ 3-22-81
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~QO~ 307 ~E 1854
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