HomeMy WebLinkAbout1676 prior w entry of a judjment enforcing this Mortaage if: (a) Botrower pays L.ender all sums which would be then due under
this MortRage, tbe Note and nota securip~ Futun Advances. i[ any, had eo aocelention occurred: (b) Borrower curcs
all breaches of any other coveaants or a~eements o[ Borrower containod in this Mongage: (c) Borrower pays all reuonabie
eacpenses iacurrod by Lende~ ia e~forci~~ the covenants and a~reements of Borrower contained in this Mort~age and in
enforciag Lender's remcdies as provided i~ paragraph 18 hereof, including. but not limited to. rcasonable attomey's fea; and
(d) Borrowe~ tska such action ns Lender may reuonaWy requirc to assure that the lien of this Mortgage. Leeder's interest
in the Property aad Borrower's obligaGon to pay the sums securod by this Mortpae shall continue uaimQaired. Upon :uch
paymrnt and cure by Borrower; this Mortgage and the obligations secured hereby shall remain in full forca and elfect as if
ao acceleration had occurred.
20. A~d~aaeN ot ReaM. AppoiMmeat of Recelver. As additiooat security hereunder. Botrower hercby assigns to
Lende~ the nnta of the Property. providod that Borrower shall. prior to accekration unde~ pangraph 18 hereof or abandon-
ment of the Property. have the right to collect and retain such rents ~ they become due and payabk.
Upon acceleration uader puagraph 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 Pmperty and to collect the rents of the
Property. i~cluding thase past due. All nnts collectod by the reoeiver shall be apPlied 6nt to payment of the coats of
management of the Property snd collection of renu, including, .but not limited to. receiver's fas, prcmiums on receiver i
bonds and reasonabk attorney's fees. and then to the sums securod by this Mon`age. The receiver shall be liable to aocount
only [or thoae rcats aiKwlly roceived.
21. I~ut~e Aa~a~ces. Upon request by Bornower. Lender. at Lende~'s option within twenty yeus from the date of this
Mongage. may make Fut~ue Advances to Borcawer. S~h Futurc Adva~saa, with intertst ihtrcon. shal! ae secend by this
~Mortgaae when evidenced by promissory cates stating that uid nota are securod hercby. At no time shall the principal
amount of the iadebtedness sec~ued by this Mortgage, not including sums advanoed in aocordaace herewith to protcet the
security of this Mortgsge. exoad the original amount of the Note plus USS. +~+0+. • • • • • • • • • • • • • • • • • • •
Z2. Rda~e. Upoa payd~ent of aU swas secured by th~ Mortgage. Lender shall rekase this Mortgage without chuge
to Borrower. Borrower shdl pay all costs of recordation. if any.
23. Adoney's F~es. As used in this Mortgage and in the Note. "attorney's fas" shall include attorney's fea. if any,
which may be awuded by an appellate court.
IN WITNESS ~NHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered _
in thc noe of:
7
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_ SAMUEL T. DURHAM -aO"'O1N"
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. . . . a . . . . . . . . . . . . . . . . .-l.t ~-:1~:~. . /~=4~:~x-l~t~;?~
. VIR~BETH DURHAM '-a°"ow"
$TATE OF FLO1tIDA, . . . . .St.. Iatc~e . . . . . . . . . . . . . . . . . . . . . . . . .County ss: -
~ I hereby certify that on this day, before me. an officer duly authoriud in the siate aforesaid aad in the county
~ aforesaid to take• acknowledgements~.personally appeared. . .S~aue.L T, .Dtlrham . .and, Vir,ginia, Beth , , , ,
Durham,_ his wife. to me known to be the person(s) described in aad who oxecuted the
foregoing instrument and acknowledged before me that .4ie . Y. executed the same for the purpoae therein
expc+essed.
~ • • . .Wrt~vESS my hand and•officiai•seal in the county and state aforesaid this. . . . . . . 22nd . . . . . . . . . . . .day of
. June . 19. .79. .
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