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HomeMy WebLinkAbout0846 -tom ~ V ' prior to entry of a krdgaleat enforang this Mortgage if: (a) Borrower pays Fender sq aura which would bs then due under this Mortgage, the Note acct notes securing Future Advanaa, it any, bad no sooeleration occurred: (b) Borrower curse all breaclra+r of say other oo~venanb or apeanants of Borrower oootained in this Mort8a8e; (c) Bort~ower peYa aq raaoaabk . eacpeases incurred br mender itn enforang the ooveoagta and. a8reeteeAts of ~towar. cooiained io wis- R+ivs-two arKi is eaforciag Larder ternedia as provided in paragraph 18 hereof. inchlding. but not Limited to, reasonable sttoraey"s fee: sad (d) Borrower tats such action as Lader-may reasonably require to assuro that the lien of this Moryag0. Lenda's interest in the Property and Hortvwer's obligation to pay the sums secured by this Mortgage shall continue usimpair+ed. Upon arch payment and nine b'f? Borrower, ibis Mortgage and the obligations seamed y Shan raarsin in full fos+oe sod etfed a U no aoodaacion had o~rred. - tg. Aesfganrent d R+edl A~oit¦seat of Recei.er. As additional security bereundec, Borrower hereby as:iprs to - - Lender ibe rents of the Property, Provided that Borrower shall, prior to aooeleration under paragraph 18 bereot « abandon- - meat of the Property. have the right to collect snd retain such rents as they become due snd payable. - Upon saxieration ruder paragrapti 18-heteof-ar abaad6nrnent-of-the Propeay,--Laides` shale-bs-entiNed-to-have s- - reeeiver appointed by a court to cater upon, take possession of and manage the Property and to Dolled the rents of the Property, including those pea due. Alt rents collected by the receiver shall be applied Srst to payment of the oasts of managenrentt of the Property and oollectioa of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasooabk attorney's fees, and thou to the sums secured by this Mortgage. 'Ibe receiver shall be liable to account Daly for those reab actually received. 21. 1Pnl~re AivaKw. Upon request by Borrower. Lender. u Lender's option within twenty years from the date of this Mortgages, may mate- Future Advances to Borrower. Such Future Advances, with interest thereon, shall be seamed by this Mortgage when evidecsced b'Y promissory notes stating that acid notes are secured hereby. At no time :ball the principal amount of the indebtedaew secured by this Mortgage, not includiag sums advanced in aooordanoe benwit6- to protect the securi of this M -exceed the on 'nal amount of the Note us USs. h!-- ------~------------p 2t Bekaat. Upop payrneat of all sums warred by this Mortgage, Lennder :hall i+deue this Miit~e without- - _ _ _ to Borrowcr. Borrower shall pay all costs of recordation. if any. Z3. A'a I+ea. As used in this Mortgage and in the Note. "attorney's lees" shall include attornesy's fees, if any, which may be awarded by m appellate court. IN WITNESS WHEREOF, l~omower has executed this Mortgage. Signed, sealod a~ deliverod in the presence erg: ~~fc~t%~,eo,~ ~ :.......................(seal? Daniel C. Porter -°0°O~ .~~t.~rli„~.c,...p,~. -aorrow~r STATE OF FLORIDA, St.. luc i e . . . . .county ss: I hereby certify that oa this day, before me, an officer duly authorized in the state aforesaid and in the awnty aforesaid to take acknowledgements, personally appeared. Daniel ,C; ,Porter,, an unmarried man, , , , , , , to me known to be the person(sj described in and who executed the ~ foregoing instrument and acknowledged before me that ~e .........executed the same for the purpose therein I expressed. - WITNESS my band and official seal in the county and state aforesaid this.....lQtk~ . .day of -~.-~k1(gust........ _ 19.79.... . ~ ' • r••Y ,,b ~lv~,-'~ woan runic , at; '•~n~un~,,,. (SOK'~ BNow TlNa l.iiN R~s~ev~d Fa l,M~dM and R~oorOM rZ'~~ ~ 458259 'i~EE eolaol~ '3~a31d la©~ 3nN~nv ~~ti•~ _c ~ttz (9?9 SEP 12 A!i ii= 02 7l1WdW0~ 3~Nb2i(1SN1 31111 o~vo1H~ B£p Hip RECfik~O ~Lt'AWI t Y. PIA. pQITRaS ag~gdRCU(T CO ttl~ rfRiFiEO - _ - - - ~ g~x316 ~~E 846