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19. Borrower's Right to Reinstate. Notwithstanding Lenderi acceleration of the sums secured by this ~fo;tgage, Bor-
rower shall gave the right to have any proceedings begun by Lender to etttorce this \lortgage discontinued at aqy time
prior to entry of a judgment enforcing this Mortgage it: (a) Borrower p?ys Lender all sums Mrhich would be then due under
this Mortgage, the Note and notes securing Future Advances, i[ any, had no acceleration occurred; (b) Borrower cures all
breaches of any other covenants or agreements of Borrower contained lit this I?tortgage; (c) Borrower pays all reasonable
rxpettses incurred by Lender in enforcing the covenants and agreements of 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 reawtubly require to assure that the lien of this 1~[ortgage, Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this I?fortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this ?Mortgage and the obligations secured hereby shall remain in full force and e[[ect as if
no acceleration had occurred.
Y0. Assignment o[ Rents; Appoiatmeat 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 hereo[ or abandon-
ment o[ the Property, have the right to collect and retain such rents u they become due and payable.
Upon acceleration under paragraph IS hereof or abandonment of the Property, Lender shall be entitled to have a re-
ceiver appointed by a court to enter upon, take possession o[ 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 first to payment of the costs of manages
ment of the Property and collection of rents, including, but not limited to, receiver's tees, premiums on receiver's bonds and
reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for
those rents actually received.
Yl. Future Advances. Upon request by Borrower, Lender, at Lender's option within twenty years 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 herewith to protect the
security o[ this Mortgage, exceed the original amount of the Note plus US; NONE--------------------------
Y2. Release. Upon payment of all stems secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation, it any.
Y3. Attorney'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 deli~~ered (Seal)
in he presence of: PAU SA GRI
' (Seal)
HY IS J. A GRI
Q.tdls~ (Seal)
(Seal)
STATE OF FLORIDA ~ ss.
COUNTY OF MARTIN
The_ foregoing instrument was acknowledged before me this 25.1'h day of
~ _ Mw lg~c,~by PAUL J. SAUGRICH and PHYLLIS J. SAUGRICH ;
~
(seal}-, ~ ..~'E,11/
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- ' r: ~ G • ~I commission exppire
• prpTA?Y f;_•9l'~ ;,r ;1 ~;F FlC?IO• AT LAlGE
S'FA't'F? OF FI.fSAtDA M.Y CO~f vt~SS!CN~' ~?~+t~s 19 19a'
COIIAI')[''~`'OB.'~ ~ ~ 6(}roD'c0 fHRU (;iNiR/~L W5. t1NDERVdR1TEl<S
Th~'i+oregoing instrument was acknowledged before me this day of
19 by and
respectis•ely,
President and Secretary of
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a corporation, on behalf of the corporation.
t
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~ Aotary Public
(seal) JIy commission expires:
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(Space Below This line Reserved For I.eoder and Recorder)
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~ 69.75 Fla. Revenue Scamps Received S 93.00 in payment of taxes due on
Cancelled on Original Kote.
Class "C:" Intangible Personal Property pursuant to
Chapter 134, Laws of Florida, Acts of 19? 1.
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