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HomeMy WebLinkAbout1895 F ~ . 4_ ~ , prior to entry of a Judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances, it any, had no acceleration occurred; (b) Borrower cures al I breaches of any other covenants or agreements of Borrower contained in this Mortgage; Borrower pays all reasonable expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing t`ender's remedies as provided in paragraph 1$ hereof, including, but not limited to, reasonable attorneys fees: and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lenders in- terest inthe Property and 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 f ull force and effect as if no acceleration had occurred. 20. Asslpnm~nt of Rents; Appolntm~nt of fNc~lv~tr. As additional security hereunder, Borrower hereby assigns - p-L-~~• ~?+nr a~r.~wwr sneu rior to acceleration under pars r h 1 :U ~a~+.:ui N i(i i Vi NJ H~ N:., _ . - - gap 8 hereof orabandon- ment of the Property, have the right to collect and retain such rents as they become due and payable. Upon acceleration under paragraph /8 hereot 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 shalt be applied first to payment of the costs o1 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 by this Mortgage. The receiver shall be liable to account only for those rents actually received. 21. Futuh Advancers. Upon request by Borrower, lender, at Lenders option within twenty years from the date 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 staling 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 Note plus USS NOME------------- - 22. RoINSO. Upon payment of all sums secured by this Mortgage, lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, ii any. 23. Attom~y's FNS. As used in this Mortgage and in the Note. "attorneys fees" shall include attorneys fees, it any. which may be awarded by an appellate court IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed. sealed and delivered m the presence of: ISeal? ;L7 IU A. AULT ~Y ~4 iAi i'~r icy-y:C.~IX./ ~ { W..GL.. ~Ll.%4 (Seaq ' TI~lA AULT (Seaq ISeal) STATE OF FLORIDA, Courity ss: iiAF:T I N I hereby certify that on this day. before me. an officer duly authorized m the state aforesaid and m the county atoresa~d to take acknowledgements, personally appeared 7_~AVIIr A. AULT AltilU TI~lA AULT. 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- WITNESS my hand and official seal m the county and state aforesaid this :30TH day of !7CTOI~Ek . , t g 79. .w uu~,, My Gor»rri}sSion expires: - 1Seafy ~ - - Not P Nc NOTgcv cT:.r. crO9'7A AT IARGi ISpace Below This tine Reserved for lender and Recorder) • A-3G9B 6,79 8'~K~~J P~F~W~