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HomeMy WebLinkAbout2484 • f prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Leader all sums which would be they due under this Mortgage, the Note gad notes securing F1lture Advances. if sny, had no aecekratioa occurred; (b) Borrower curs all breaches of gay other oovenanta or agreement: of Borrower eontairlod in this Mortpge; (c) Borrower pays aq reasonable expenses incurred by Fender in eaforcing the covenagts and agreements of Borrower ooatained is this Mortgage and is enforcing Lender's remedies as provided is paragraph 18 hereof. including, but not limited to, rr:asoaable attorneySr fees; gad (d) Borrower takes such action as Lender may rtstsonably require to asauro that the lien of this Mortgages, Larder's interest in the Property and Borrowerh obligation to pay the sums secured by tha Mortgage shall coatiane unimpaired. Upon such payment and cure by Homower, this Mortgage and the obligation secured hereby shall remain is full torce gad eQect as if no aecekrataa had axurred. 20. AadpoeM of ReNs; A~olatnsesH of Receiver. As additions) security hereunder, Borrower hereby assign to Lender the rents of rho Property. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandat- ment of the Property, have the right to eolkct and retain such rents as they become due gad payable. Upon acakration under paragraph 18 hereof or abandonment of the Property. Leader small be entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rcats of the Property, including those past due. All rents collected by the receiver shall be applied Brat to payment of the costs of management of the Property and rnllection of rents. including, but not limited to, receiver's foes, premiums oa 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 Hats actually reoeivod. Tl. Fatt+re Aivas~ces. Upon request by Borrower, Lender, at Lender's option within tweaty years from the date of this Mortgage, may make filturc Advances to Borrower. Such Future Advances, with interat thereon, shall be secured by thEs Mortgage when evideaocd 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 advanood in aooordarroe herewith to protect the security of this Mortgage, exceed the original amount of the Note plus US:..~~~,,,~~~"~~i~ti,~~~,j,.i,,"j____ ?2. Rdeaae. UpoA payment of all sums secured by this Mortgage, Lends shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. Attorsiey'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 delivered in the pr+esena of: ~,cCG~' .J ~ (Seal) _ ~J s rt - ...G~.-' G °`.-:~:-..(sea,, Jo C. Short ~0f1°""r State o~i~lichi~an STATE OF FLORIDA, ..............MZCOItIb ty I 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... F._ .James .Short. ar?d .Joan. G.. -Short,..... . his wife to me known W be the person(s) described in and who executed the foregoing instrument and acknowledged before me that ~{taY ......executed the same for the purpose therein expressed. WITNESS my hand and official seal in the county and state aforesaid this..........3~:d ..........day of ........August 19~~..... ~AltitrN A. txwwar My Commission expires: r'tO1 P"Nk' ~'I`I"'d ~O`"~ ( . ing r Meoomb ~ My Conreiuioe ~M .,,..198E . - ~ t~~ • y~ t *-n,, 1 q - f; r : % - f'~ ,~g .T _ ~ i ;y J > (Space Below This Line Reser+red For Lender end Reoordeh . ` J _ ~ 3nN3ne ~~~s:~r.8 ~~~:,~t 1 T9 SEP -5 PH 2~ 33 7C~tedwo~ 3~~v~ansNi j-Il~l c„ ~ F1LED ANO FECORDEO A SLlUC1E C NTY.FLA. ~E~(~~ ~U T RAS RECDRO HERIFIED. ` 45'7330 • ~ BOOK3i5 P~2479