HomeMy WebLinkAbout1504 . i ;
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prior to entry of a judpnant eaforcing this MoMgage if: (a) Bonower pari Leade~ all awm which would be ti~ea due under
this Mottgase. the Note aad. notes securing Futuro Advar~as~ it any. had no aoakratan occumed; Ib) Bo~rower cura
all breacha of any other covenints or agreements of Borrower co~tai~od in this Mort~a~e; (c) Bomower pays all ressonable
eacpenses incurrod by Leader in eaforcina the rnvenagts and agraments of Bon+ower containod in this Mortgage and in
eatorcing Lende~~s remedia as provided in pangraph 18 hercof. including, but not limited to. reasoaabk attomey's toa; and
(d) Bomower takea aucA action u Lender may naso~ably rcquirc to usure that the lien of thu Mortgaae. Lende~': interat
in the Property aad Borwwe~~ obligation to pay the sums securcd by this Monga~e shall contiaue uaimpaired. Upon such
payment and cure by Borrowtr, this Mortgage and the obligations secured hereby ~all remaia ia full fora ae~d el~ect u if
no accekntion had occurrod.
2~. A~dpmeN o[ Red~ Appolata~est ot Recei•er. As additional security hereunder. Borrower hercby assigns to
Lender tl~e rents of the Propeny. provided that Bornower shall, prior to accek~ation under paragnph 18 hereof or abandon-
ment of the Property. hsve the right to collect snd retain such oents a~ tbey becoax due and payabk.
Up~~ accekration under paragraph 18 heroof or abandonme~t of tlie Property, I.ender shall be entitkd to have a
roceiver appoi~ted by a couri to enter upon. take possession of a~d manage the Property and to rnikct the rents of the
Property. includina those past due. All rents collected by the roceiver shall be applied 6rst to payment o[ the costs of
management of the Property and collection of re~ts. including, but not limited to. receiver's fas, prcmiums on rocei~er
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bonds and nasonabk attorney's fces. and then to the sums sccured by this Mortgage. The t~eceiver shall be liable to accou~t
only for those rents actualty received.
21. I~trrs Aa~aoc*s. Upo~ request by Borrower, Lender. at Lende~'s option within twenty years from the date of this
Mortgage, may makt Future Advances to Borrower. Such Future Advances. with i~terest thercon, shall be secured by this •
Mortgage when evidenced by promissory notes stating that said notes are xcurod henby. At no time . s6a11 the principal
amount of the indebtedness secured by this Mortgage. not including sums advanad i~ aocordance herewith to pratxt the
security of this Mortgage. excoed the original amount of the Note plus USS•
Z2. Releasa Upe~n paymeat of all sums socured by this Mortgage, Lender shaU relesse tbis Moctgage without chuge
to Borrower. Borrower shaU pay all costs of recordation, i[ any.
23. Attor~ep's Fees. As used in this Mortgage and in the Note, "attorney's [oa" shall include attorney's foes. if any,
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Si , sealed and delivered
in the p n of:
. . 1~~ / /....(Seal)
~ . ~--6oeoiw~r
• A Maria de Holguin~
- - . . . . . . . . . . . . . . . . . . . . . . . l . . . . .
nuel A.. Holguin ~OfO~`~
STATE OF FLORIDA.. . . . . . . . ~.~~R.J:~ . . . . . . . . . . . . . . . .COllOty S5:
I hereby certity that on this day, before me, an ofl'icer duly authorized in the state aforesaid aad in the county
aforesaid to take acknowledgements, personally appeared . . ~a . r i.a~ , c~g, ~lo 1,g4 i n , ~~d, ,M~n~~ 1, ; , , , , ,
! Hfl18u~Q.. h~~ .h4~4d[~~. to me known tn be the pcrson(s) described in and who,q~pcq~yd the
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; foregoing instrument and acknowledgcd before me that. ..~h~Y. .executed the same for t~ ' ~
~ expressed. `~,c
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W~srtESS m hand and official seal in the count and state aforesaid this. 15t s.'
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