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prior to entry of a judgment enforcing this Mortpge if: (a) Borrower pays Lender all sums which would be then due under i
this Mortpge, the Note and notes securing Future Advances, if any. had no acceleration occurred; (b) Borrower cura
alt beaches of any other eovenaats or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable ~
expenses incurred by Leader in enforcing the covenants and agreemenu of Borrower contained in this Mortgage and in ~
enforcing Leaders remedies as provided is paragraph 18 hereof, including, but not limited to. reasonable attorney's fees; and
(d) Borrower taken such action as Lender may reasonably require to assure that the lien of this Mortpge, Lender's interest
in the Property and Bott+ower's obligation to pay the sums secured by this Mortpge shall continue unimpaired. Upon such
payment nerd cure by Borrower, this Mortgage and the obliptions secured hereby shall remain in full force and effect as if ~
ao acceleration had occurred.
20. Aidgamest at Retlltss AppoiMmed of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-.
meet 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 i
Property. includit~ those past due. All renu collected by the receiver shall be applied first to payment of the coati of
management of the Property and collection of rents. including, but not limited to, receiver's fees, premiums on receiver's
bonds and reasonable attorney's fees; sad then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rents actually rean?ed. ,
21. Fntttre Advances. Upon re9t~ by Borrower. Lender, at Lender's option within twenty yeah from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interat thereon, shall be secured by this
Mortpge 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 iri atxordaace herewith to protect the
security of this Mortgage. excesd 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 pay all costs of recordation. if any. ,
23. Attorsey's Fees. As used in this Mortgage. and in the Note. "attorney's fees' shall include attorney's fees. if say,
wbich may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage. ~
Signed, sealed and delivered •
in the p nce of:
~~4 . 1..... t .'t,..~~:~ ~ (Seal) -
• Fred ~K.'~J . n ~OfrO1M'
?~!`-t ~-~ti ~l;.~t~i`-:'•?.. - (Seal)
" " " • ' ~ • ~ • " F ~i
l l i s C . J o'~ n n ~Or''OM/f
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$TATE OF FLORIDA . ..............M~tu? • • _ , , , , , • , , , , , , , , •(rOtlnty ss:
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• I hereby txrtify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
af~rpsaid to tike acltrr~wltxigemenis, personally appeared.. Fred• K. •Jgh~s~~ ,and . t hv~1.; ; .G............
o n n s o n, • . i s • r~ i , e _ • • . • • . • • • , • • • , , 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 purpose therein
I expressed.
WtTNESSm~,,hand and official seal in the county and state aforesaid this _ .....day of
t ............:l/i 19.7.... ,
MY comnt~tgl9n exPues: - a a - 1 ~ .
- : _ li ~ ` _ Notary Public
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` (SpaDe Below This Line Reserved For Lender and Recorder)
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C. Ncrris Tilton, P. A.
FILED l+fiC t~ft:BK0E0 i ,i tc+r.ey at Law
yj l.t)Clf WuNlY.FIA G. Box 526
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!e::sc•n Beach, Florida 33457
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443815
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