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HomeMy WebLinkAbout2184 . , ~ ~ r ~ prior to entry of a judgment enforcing this Mortgage if : 1 a) Borrower pa}•s Lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred: 1 h) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (cl Borrower pays all reasonahle expenses incurred by Lender in enforcing the rnvenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in paragraph IR hereof, including, but not limited to, reasonable attorney's fees: and (d) Borrower takes such action as Lender may reasonably reyuire to assure that the lien of this I?lortgage, Lender's interest in the Propert}• 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 hereb}• shall remain in full force and effect as if no acceleration had occurred. 20. Assignment of Rents; Appointment of Recei~•er, As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, ;provided That Borrower shall, prior to acceleration under paragraph 1R hereof or abandon- ment of the Property, have the right to collect and retain such rents as they become due and pa}-able. Upon acceleration under paragraph 18 hereof or abandonment of the Pmpert}•. 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 be applied first to payment of the costs of management of the Property and collection of rents. including, but nit limited to, receiver's fees, premiums on receiser's hoods and reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shalt be liable to account only for those rents actually- received. 21. Future Advances. Upon rcyuest by Borrower, Lender, at Lcndcr's 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 stating that said notes arc secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums adv a ordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS..~~,a1V.~ 22. Release. 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, if an}•. 23. Attorne}•'s Fees. As used in this Mortgage and in the Note, "attor~tey's fees" shall include attorney's fees, if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered • ~`"'""Hera,, in the presence of: HQ"~S ~~~1 ~ , f - •?n . ~ Ellen J . terl . 'i ~ Preside~t~ ,t , * STATt.:)F FLORIDA . . ...................CUUnty SS: 1 hrrehy certify that on this day, before mr, an otlicer duly- authorized in the state aforesiaid and in the county aforesaid to take acknowledgements, personally appeared . . • • • • • • • - - • - • to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that ..............rxecuted the same for the purpose therein expressed. • ITNESS tr:}• hand and official seal in the county and stag aforesaid this......... .........day of . 19.7.9 . NOTARY R'JSL I C STATE OF ROR t DIC AT lJ1RGE 1~1y Commission capt~~O~,;x•,~SS~CN t7.riFfS JUNE 21 198 ! JL~~~;~K.. . BONDED itiRll GEt~ifRAL ItVS ~ t1NDERW$I . 'i . •~1'_ istiaq~ ~~i,~ Notary Public c , , r' _ . - ~ , tt ~ ` -i~+ (Space Below This Line Reserved For Lender and Recorder) 44929 . t.~ i 7- ~ I;:EC , RODE? I't,;?F::.:; ao~x~~9 PacE~i?2 ~ T ~ P~