HomeMy WebLinkAbout2905 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 cura
all breaches of any other covenants or agreements of Borrower contained is this Mortgage; (c) Borrower pays all reasonable
expenses incurrod by Lender in enforcing the covenants and agreements of Borm~ver 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 interat
in the Property and Borrower': 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 fora sad effect as if
no aceeleration,had occurred.
20. AsdpasetN of Resjb; Appoidat+ed of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property, provided that Borrower shall, prior to accekration under parsgraph 18 hereof or abandon-
ment of the Property, have the right to collect and retain such rents as they become due and payabk.
Upon accxlention 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 thaae 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 on receiver's
bonds and reasonable attorney's lees, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only [or those rents actually received.
21. Frtare Advasices. 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 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. execod the original amount of the Note plus- USS.
22. Reiiease. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU costs of recordation, if any.
23. Attorwey's Feq. 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:
Russell~L. Oeubner~ ,
1 rene C. Deubner ~O"OM/f
STATE OF FLORIDA, St J..1.1C 1e ...................00011ty SS:
I hereby certify that on this day, before m~, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared...RuSSe)1. .Qeubn~r..aOd..Ir~r1e.C.. D~ubOer,
.h i s. w].fe to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that ...they .......executed the same for the purpose therein `
expressed.
WITNESS my hand and official seal in the county and state aforesaid this.......1]th............day of
flay 19. 79 -
My Commission expires:
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