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HomeMy WebLinkAbout1275 -i prior to entry of a jtrdgrrtent enforcing this Mortpje if: (a) Borraarer pays Leader all wras which would be then due under the Mortgage. the Note and Hera stacuriag Future Advances, ii any, had ao aoakratioa occurred; (b) Borrower cures all bracha of any other ooveaarta or agreenteat: of Borrower contained in this Mortgage: (c) Borrower pay: atl reasonable experaa incurred by Leader in eofottxag the oovenagts and agreemwa of Borrower contained in this Mortgage and In eoforciag Latder~I ranedia a provided in paragraph 18 hereof, incltldiag, but not limited to. reaonabk attorney's foes; and (d) Borrower takes such action as Lender may reasonably require to assure tbst the lien of this Mortgage, Leader's interest in the Property and BattowerSl obligation to pay the sums secured by the Mortgage shop oontiatle unimpaired. Upon such paytnatt and cure by Borrower, this Mortgage and the obGgatioas secured hereby shaq_remain is fuq force and eSed a if ao acceleration had oocurrod. ZB. Aa~rtpmerrt st Restb; A~oi~t at Receiver. As additional sentrity hereunder, Borrower hereby assigns to Lender the rata of the Property. provided that Borrower :!tall, prior to aceeleratioa tutda paragraph 18 hereof or abandon• meat of the Property. have the right to collect and retain such teats a they beoonte due and payable. Upon aoode[atioa trrtder paragraph 18 hereof or abartdonnteat of fire Property. Larder :hall be entitled to have a receiver appointed by a oarrt to eater upon, take possession of and manage the Property and to collect the rend of the Property, including those pat due. AU rata ooile~ted by the receiver shall be applied Qrst to payment of the Cosa of tnanagaaeat of the Property and collation of rents, including, but cot limited to. ceoeiver's fees, premiums oa receiver's bonds and reasonable attorneys fees, and then to the sums securod by this Mortgage. 'lbe receiver shall be liable to account , only for those teats actwlly received. _ 21. Fntaae Aivancw. Upm request by Borrower, Lender, at Lender's option within twenty ycus fray the date of this Mortpge, may make Purace Advaaoa to Borrower. Stich Future Advances. with interest thereon. shall be secured by this Mortgage whoa evidenced by promissory aota stating that said notes are secured hereby. At no time shall the principal amount of the indebtedoas secured by this Mortgage, not iochding sums advanced is aooordatroe herewith a protect. the security of this Mortgage, exceed the original amount of the Note plus USS.... 22. Rektraa Upop payment of all sums secured by-this Mortgage, bender shall r+dease this~Morigage without charge to Borrower. Bocr+oMrec shall pay all oosa of reoordatioa, -if any. ' 23~. A11f+roey'!s Fees. As used is this Mot7gage and in the Note. "attorney's fees" ahaU ictclude attorney's fees, if say, which may be awarded by as appellate court. _ IN WrrNi:ss WHE1tF.OF, Borrower has executed this MortBttge. Signed, sealed and delivered ~ - in the oteseoa of: - V..:. U. c:'~":'::~.. .(Y. ~..e~2~~G1/L7 ::....(Seal) - ~ Theron 0. Waterman -aa+~ow.. 0.~ . 4~ . (Sea1) Donr~J.~ Waterman STATE OF FLORIDA, ~.t..ltrt:3 ~ ....................County as: I hereby certify that on this day, before me, an officer duly authorized in the state afoteesaid and in the oowtty aforesaid to take ackrtowlodgrtmeua,•personally appeared... 7tt~r.Qr) .0.. l~I,atecman. ,~u1d .Qoona . . ~lateratar>y. his.wif~ . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged, before me that.. tbe~ .......executed the acme for the purpose therein- expressed.. - WITNESS my hand and official seal in the county and state aforesaid this.......... 14th .........nay of - .....September 19... . My Commission expires: ~ ' ~~,~@L? ~A.:~f'#ffj~>~.,y' . NotsrY PubyC. Stets of ~ 13, t1S83 ` . r ~ - ttAy Corttrns~ion Expire Juns -,4 _ . _ twee ntow Thi: tins R.s«.~.a Fo? tender and R.oo~a.h / - { eolao7~'3~~id ~!~o~ ,3T9 SAP 27 il~ 49 ANbdWO~ 3:;r,i~da(l~Nl 3'1111. O~Y~Ih~ itl.ED ANC RfCOr.J: V Si.ttlCtE CGUNTY.Ft.A. - Rp~R pOiTRAS Ct~RK IrIRCU1T COU}~T~ ' 4~U545 • ~ B~(J~7 P~Gf~~~