HomeMy WebLinkAbout2255 - . . . . . ~ 'i - ' - -~t .
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prior to eatry ot a jud~ment anforcins this Monp~e it: (a) Bocrawer pari I.ender ali wm~ whicb wouid be thea due uode~
chis Mort~s~e, the Note aad aota ~ecurins Future Advsnces. ii any. hsd no aooeleratiou oocunod; (b) Horro~rer curo~
all bracba of any otber ooveaants or ap~ecments of Horrowe~ containod ia tl~is Mortp~e: tc) 8ormwer pays all rasoaable
eacpeosas iacurred by Lender in eatorciaa the oovensu~ts and agroements of Horm~r~ contained in tba Mortp~e aad ia
eatorcias I.ende~'s rsmedies as prpvided in pangnph 18 hereof. includinj, but aot limited to, reasonabk attorney'~ fea: and
(d) Borwwer taka wch action st Le~der may reasonably requiro to s~wre that tbe liea of this Mortpse, La~d~er': iatarat
, in the Property aad Bormwer's oblitation to p~y ~he sums securod by this Mortp,e ~all ooatiaue ~mimpdred. Upon such
paYment aad cune by Borrower. this Mort~e aad the obligatiom savred bereby sball ctmaia ia fuU loroe sad eRect ~ if
no aocekation had occumed.
. IA. Aadp~eM a[ RaM~ A}~oiatreN ot Reedver. As additional security. lxreuader. Bocmwer hereby usigns to
Lende~ the nnts of the Property. pmvided that Bonower shall, prior to aoakration under puascaph 18 hereof or sbandoa-
ment of tlie Property. have the ri~ht to collect aad retain such rents u tbey becane due snd payable-
Upon acoekntan w~der paragraph 18 hecrof or abando~ment of the Propeirty. Lender sbaU be entitled to have a
receiver appointed by a court to e~ter upon. take posse~tion of and maaage the Pnoperty and to oolkct the renb of tbe
Property, includina those past due. AI! rcnts collected by the reoeiver shall be applied flrst to paiyment of tbe cosb of
mansgema~t of tho Prope~ty and oollxtion of tents. including, but not Gmited to, reaiver's fas. premiums on ra~eiver'a
bo~s and reasonabk attoraay's tea. and tl~ea to the sums securod by this Mortp~. 1be reoeiver shap be liabk to aocount
only tor those reats actually received.
=l. Ftit~re Ai~a~a~es. Upon rcquest by Borrower, Lender. at L.ender': option within twenty yeus from the date of this
Mortgaae, may make Future Advanoa to Borrower. 9uch Future Advanoes, with iaterat therean. shall be aecured by this
Mortgage when evideooed by promissory notes stating that uid notes are securod hereby. At no time shall the princiQal
amount ot tbe indebtodness secured by this Mongaae, not including sums advsnoed in accordance herewith to protect the
security of this Mortgage. eacoeed the original amount of the Note plus USS.
22. Rdea~e. Upqa payment of dl sums secured by this Mortgage. Leader shatl r~desse this Mort6age without chuge
to Borrower. Borrower shall pay aU ooae of rocordation. it any. - ~
23. Atto~ep's Rea. As used in this Mortgage and in the Note. "attomey's foa" shall include attorney's fees. if any.
which may be awuded by an appellate court.
iN W[TNESS WHEREOF, Borrower has executed this Mort~age.
Signed, sealed and delivend
in the Dresenoe a~:
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. . . . . . . . . . . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Seal)
~Wi 1~1~iam~L. Serog -s«+ow.. _
. . . ~ . . . . . . . . . . . . . . . . . ~ . . . . . . ~ . K . : . . . , . . . . (Seal) i
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Pi~kko L.~Serog r
STATE OF F[.~RtDA, . . . . . . . . . . . N~. Y~RK . . . . . . . . . . . . . . . . . . SS:
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I hereby ce'ti[y that on this day. before me. an otficer duly authorized in tt~e state aforesaid and in the county
aforesaid to take acknowlaigements, personally appeared. l~~.1.11d4~. ~•..S~rog. dlld .Pi rkka .1.~;_~erag, .
.....htS.IN.~f~ to me known to be the pecson(s) de.scribed in and,wLd ~ '•t6e ~
'l foregoing instrument and aclcnowledgcd before me that. . the.y. .......exavted tbe same for; ~ ~~f~,n ~
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~ W~t[~ESS my hand and official scal in the county and state aforesaid this........,..~~1 .~~.::F.~ }~~oi _
~ . . . . .June . . . . . . . . . . . . . . . . . . . . . . t9. 79. . : '3- ~ r~' .
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My Commissan eap~res: p„b' ~ ~`1ew ~
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