HomeMy WebLinkAbout2847 i
i
prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures
all breaches of any other covenanti or agreements of Borrower contained in this Mortgage: (c) Borrower pays all reasonable
expenses incurred by Lender in en[orcing the covenagts and agreement: of Botrower contained in this Mortgage and in
enforcing Lender's 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 the lien of this Mortgage, Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
no acceleration had occurred.
20. Assignment of Rents; Appointment of Receiver. As additional security hereunder, Borrower hereby assigns to 4
lender the rents 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 tLey 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 crourt 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 be applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums oq receiver's
bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account k
only for those rents actually received. ~
21. Future Advsllrces. Upon request by Borrower, Lender, at Lender's option within twenty yeah from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advance, with interest 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 acoordanoe herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS..
22. Release. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pray all costs of recordation, if any.
23. Attoroey'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 presence of:
f
. lit ~ _
eras'do Delgado ~ -Borrower
alia Delgado ~o.rowa
STATE OF FLORIDA, ~ . St •..TiUCIt'- .....................0O0IIty SS:
I hereby certify that on this day, before me, an officer duty authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared..G~7~.~dQ.AB~-g~4dQ .8~d. M~.gd811a. Aelgado,.. .
his_ wife, • , , , , • , • • , . - • • , , , . • , • , , , , to Ine known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that...~h~Y.......executed the same for the purpo6e therein
expressed.
i
WITNESS my hand and official seal in the county and state aforesaid this............ ~~.th .......day of
APJra,~ . 19..79.. .
~ My Commission expires: ~j ~J~ f~ ,.~a
~ jsean Hoary Punic
. y , ~ 'r
,1 ~
~
(Spate Relovr This Line Reserved For Lender and Recorder)
e I
s. /
~5~~ 11Q12!o7~ '3~~31d 12!03
3 + JlNrddY:L ; v '.::`„l:.'i! 3•i,li ~3H~iFi7
>~A~ ~ W~!!1'f .ilA.
~lii~POltl~as
~tql calcur>i
RECGRO YER1fiE0
s
s
a 442'79bi
s
s
°~k~ ~U7' ~ac:2846
•