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HomeMy WebLinkAbout0165 . ? r_~...._--- - --r.._ prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then dux under - this Mortgage, tlto Note and notes securing Future Advances, if any, had tto acceleration occurred; (b) Borrower cura all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (e) Borrower pays all reasonable expenses incurred by Leader is enforcing the covenants and agreements of Borrower contained ir? this Mortgage and in eafarciag Leader's remedies as provided in paragraF:~ 18 hereof. including, but not limited to, reasonable attorney's fees; and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Leader's interest in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured herq~y shall remain in full force and effeM as if ao acceleration had occurred. ~ Z0. Asdpweet of Rept~ Appoirttnseat of Receiver. As additional security hereunder, Borrower hereby assigns to - Lender the rents of the Property. provided that Borrower shall. prior to acceleration under paragraph l8 hereof or abandon- ment of the Property. have the right to collecT _and retain such rents as they bxorrte due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property. Leader shall be entitled to have a receiver appointed by a court to eater upon, take possession of and manage the Property and to_ collect the rents of the Property, including those past due. -All rents collected by the receiver shall be -applied first to payment of the costs of management of the Property and collection of rents, including. but not limited to, receiver's fees. premiums on 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 rents actually received. 2i. Frtnre Adra~ces. Upon request by Borrower, Lender. at Lender's option within twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with iutGrest thereon, shall be secured by this Mortgage when evidenced by promissory epees stating that-said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage. not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed-the original amount of the Notc plus USS.... _ • • • • • • • • • • • • • • • • • • Yl. Release. Upoa .payment of all sums secured by ihia Mortgage. Lender shall release this Mortgage withottt charge to Borrower. Borrower shall pay aU posts of reoordatioa, if any. ~ - 23. Attorney's Ftea. 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 ~/HBREOF, Borrower has executed this Mortgage. - - Signed, sealed and delivered - in the Dresenee of: " . . CENT ~ A. LI,(?YU ) _ U AN J . LLQ~D -sarow.r - STATE OF FLORIDA, S`~' &UC~ ...County ss: - I hereby certify that on this day, before me, an ollicer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared.. V.ZNC.EDIT..A~...LId2XD..and .SI1S~I .J...... . .LLf?YU.,.. his. Fife. to tae known to be the person(s) described in attd who executed the _ foregoing instrument and acknowledged before me that they...... executed the same for the purpose therein .expressed. _ ~ ,tom ~ TN my hand and ofScial seal in the county and state aforesaid this...... ...............day ~ ,~a.~pQ .............19..9... - ~l Notuy Public. State of Rorida at (arya •itttr My Co~itit#~t.~lpupys• IIRI? CoGtmissioa Expires Sept. 27 1982...C._...t'!!s.~ . " / ~i~ ~Y~Md A~witaw fi1~ l GwYy~• • • • • • • • • • • r,-,. - ~ - (Speoe 8elaw This Line Reserved Far t.e/Nter sna Reooa7er) ~Ji9 S~2 20 Pt; 3~ t 3 fiLc01?r.0 FECUnJi0 ~~~R POItRASa tCiJERl1 CIP.CUIT CO~~' ~rAit0'YER'FiEO 459911 t 8~~317 PEE 165-