HomeMy WebLinkAbout2504 prior to entry of a jud~menl entorcin` this Mort~a~e it: la) Borrower pays lender all sums which would he then due under
this Mort~a~e, the Note and notes securing Future Advances, it any, had no acceleration occurred; Ih) Borrower cures
all breaches of any other covenants or a~reemcnts of Born~wer contained in this Mun2a~e; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and ajreements ut Borrower contained in this Mortgage and in
entorcin~ Lender's remedies as provided in paragraph 1 R hereof, including, hul not limited to, reasonable attorney's tees; and
(d) Borrower takes xuch action as Lender may reasonably require to assure that the lien of this Mort2a~e, Lender's interest
in the Property and Borrower i ohli~ation to pay the sums xecurcd by this Mort2a~e shall continue unimpaired. Upon such
payment and cure by Borrower, this Mort2a~e and the obligations secured hereby shall remain in full force and etiect as i(
no acceleration had occurred.
20. AsalOataeRt of Reatsl Appolntmeat of Receiver. Ax additional security hereunder, Borrower hereby a.si~ns to
Lender the rents of the Property, pnwided that Borniwer shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect and retain such rents as they become due and payable.
Upon acceleration under paragraph IR hereof or abandonment of the Property, Lender shall be entitled to have a
receiver appointed by a court to enter upon, take poxsasion of and manage the Property and to collect the rents nt the
Property, including those past due. All rents collected by the receiver shall be applied Ant to payment n( the costs of
management of the Property and collection of rents, including, but not limited to, receiver's tep, premiums on receiver's
bonds and reasonable attorney's tees, and then to the sums secured by this Mort~a~e.'The receiver shall he liahle to account
only for those rents actually received.
21. Future Advaacea. Upon request by Borrower, I.cnder. at Lender's option within Twenty years from the daft of this
Mort~a~e, may make Future Advances to Harrower. Such Future Advances, with interest thereon, shall be secured by this
Mort~a2e when evidenced by promissory notes stating that xaid notes arc secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mort0a2e, not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USf -Q- .
22. Rekaae. Upon payment of all sums secured by this Mort2aBe, (.ender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. it any.
23. Attorney's Fea. As used in this Mortgage and in the Notc, "attorney's tcei' shall include attorney's tees, it any.
which may be awarded by an appellate coup.
IN WtTN65S Wttt?RFOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
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~.~4 ~t ,n ~ c.; :~..,d,J-.. G<-Cd.~J ~ ~ C. G!,lCt-rte?.. .nom: tom.-~..~....... (Seal)
r, UR!? [3. HANCO(:K -aa.owa
'i•y~.., . V".... ~~M:"Y:-~ V (Seal)
--aa.ow~.
STATt: of FLORIDA, Sri e . ~1?~~e LUUnty sa:
1 hereby certify that on this day. before me, an officer duly authorized in the state aforesaid-and in the county
aforesaid to take acknowledgements. personally appeared..... Laura . B.. lisutcock .
to me known to he the person(s) described in and who executed the
foregoing instrument and acknowledged before me that... sha .......executed the same for the purpose therein
expressed.
WITNESS my hand and official scat in the county and state aforesaid this...... 2.I.e;t .............day of
S ~y 19 ~9
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