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prior to entry of a judgment enforcing this Mortgage if; (a) Borrower pays Lender al! sums which would be then due under
this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (W Borrower cures
all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (tq Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lenders remedies as provided in paragraph t $ hereof, including, but not limited to, reasonabie attorneys lees;
and (ttj' Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lenders in-
tereal Inthe Properyand Borrowers 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 hereby shall remain in full force and effect
as if no acceleration had occurred.
ZO. ANIpnmMftOt lMnb; AppofMmeM oft Recelw?. As additional security hereunder, Borrower hereby assigns
to Lender the rents of the Property, provided that Borrower 8hal 1, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Properly, have the right to collect and retain such rents as they become due and payable.
Upon acceleration unde? paragraph 18 hereof or abandonment of the Property, Lender.shall be entitled to have a
receiver appointed by a court to enter 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 tie applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited~to, receivers fees, premiums on receivers
bonds and reasonable attorneys fees. and then to the sums secured try this Mortgage. The receiver shall be liable to account
only for Mose rents actually received.
Z1. FutunAdvances. Upon request by Borrower, Lender, at Lenders option within twenty years from thedate of this
Mortgage. may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this
Mortgage when evidenced 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 advanced 'in accordance herewith to protect the
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security of this Mortgage, exceed the original amount of the Note plus USS
gg. MIeeN. Upon paymentof all sums secured by this Mortgage. Lender shall release this Mortgagey?ithout charge
to Borrower. @orrower shall pay aft costs of recordation, if any.
Z3. AftolrlsYs tFNe. As used in this Mortgage and in the Note, "attorneys fees" shall include attomeys 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 uresence of:
/.,t /.~/Y- (Seaq
(Seaq
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(Seaq
STATE OF FLORIDA. County ss: MARTIN
1 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
MICHAEL A. LONG AND SHARON M. LONG, HIS WIFE
to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that Borrower executed the same for the purpose therein
expressed.
a`,``~~~'1'~~Nt~t~,~r?y hand and official seal in the county and state aforesaid this 15TH day of
OCTO' 79
My C'~ml~issil@n,expires: - ~re L „ , ~ ~ .
~
~ r P1ptARY F1:aLK STATE OF rtORIDA At tABC,E
MY COlV',MISSION EJCPSRES NOV. t9 1981
tON{)ED rF:iW GEr,~RAI lNS. Ut:DERWR11fR5
(Space Below This Line Reserved for Lender and Recorder)
A-3098 6/79 F~i~~