HomeMy WebLinkAbout2159 19. Borrower's Right to Reitutate. Notwithstanding Lender's acceleration of the :urns secured by this Mortgage. Bor-
n,wrr shall have the right to have any proceedings begun by lender to enforce this Mortgage discontinued at any time
prior to entry o[ a juelgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be theft due under
this bortgage, the Note artd notes securing Future Ads•anca, it any. had no acceleration occurred: (b) Borrower cures all
breaches o[ any other cos•ertanu or agreements of Borrower contaited in this Mortgage: (c) Borrower pays all reasonable
expenses intoned by Lender in enforcing the covenants and agreements o[ Borrower contained in this Mortgage and in
rttforcing Lender's remedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's tees: and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Leudrr'a interest
in the Pro~etty and Borrower's obligation to pay the sums secured by this Mortgage shall Continue unimpaired. Upon wth
payment and cure by Borrower, this 1lfortgage and the obligations secured hereby shall remain itt toll torte artct e[Eea a: if
no accelention had occurred.
20. Assignment of Renter Appointment of Receiver. As additional security hereunder, Borrower hereby assigns to
Lender the tents of the Property. provided that Borrower :!tall, prior to accelention under paragraph 18 hereof or abandon-
ment of the Property, hale the right to collect and retain such rents as they become due astd payable.
Upon accelention under paragraph 18 hereof or abandonment o[ the Property, Leader shall be entitled to have a re-
ceiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the Prop-
erty, including those past due. All rents collected by the receiver shall be applied Pint to payment o[ the cosu of manages
men! of the Property and collection of rents, including, but not limited to, receiver's tees, premiums on receiser's bonds and
reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to ammunt only for
those rents actually received.
21. Futtsrc Advances. Upon request by Borrower, Lender. at Lender's option within twenty yean from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, 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 accordance herrwith to protect the
security of this Mortgage, exceed the original amount of the Note plus US; NONE----------------------
2Y. Releatie. Upon payment o[ all sums secured by this bortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation, i[ any.
23. Attorney's Fete. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's tees, if any,
which may be awarded by an appellate court.
In WITNESS WHEREOF, BORROWER has executed this Mortgage.
Signed, sealed and delivered (Seal)
the presencce of: AN CASEY, JR.
~.L6/1,~ /T ,r~,' (Seal)
C~,SEY
~ (Seal)
FRE A F. CASEY
(Seal)
STATE OF FLORIDA
COUNTY OF MARTIN ~s.
Tfie faregbing'ir~stnlnlent was acknowledged before me this 25th day of
- _ ~ ~ ~ , 19 79 by DAN CASEY , JR . and DAN CASEY , SR . and
• ~ P1~BDA F. CASEY his wife
, A
- xotary blie
- ~ - ~Iy commission expires:
STATE OF ~L.O(~IbA t r,o~ARY ~~:at« sT~Tt ~~r ~nQ~ns ~T LARGt
MY rr~~l!!~I','~~U~'t'Y?!RfS P10V 19 191
COUNTY OF S
~(XviRD `~!KJ •.,c.+cRfl 1;.5. UkGERWRtiERS
The foregoing instrument was acknowledged before me this day of
19 by and
,respectively.
k "
President and Secretary of
I a corporation, on behalf of the corporation.
R
t
~ Kotary 1'ufilic
€ (seal) \Iy commission expires:
(Space Below Ibis line Reserved For Lender and Recorder)
~ S 54.00 Fla. Res•enue Stamps Received S 72.00 in payment of taxes due on
Cancelled on Original 1~'ote.
Class "C" Intangible Personal Property pursuant to
Chapter 139. Laws of Florida, Acts o[ 1971.
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Tu Collector
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