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HomeMy WebLinkAbout2341 's ' + , 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 aril notes securing Future Adwdnces, if any. had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrowercontained inthis Mortgage; (ca Borrower pays all reasonable ox~,c~;sn's ii:cu~~ad uy Le c::=is c=^=!o'ci^g':!=.° wo:'8^•a^'•s -'="d ao'°°"'°~,ts ^I ~nrrnwar cpntained inthis Mortgage and in enforcing Lenders remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorneys lees; and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, lenders irr terest in the 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 lull torce and effect as it no acceleration had occurred. 20. Assignment of Rents; Appolntnnent of ReCelver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Property, have the right to collect and retain such rents as they become due and payable. Upon acceleration under paragraph 18 hereof ar abandonment of the Property, Lender shall tie 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 not limited to, receivers fees, premiums on receivers bonds and reasonable attorneys fees, and then to the sums secured by this M ortgage. The receiver shat l be liable to account only for those rents actually received. 21. Fuftir+s AdvancN. Upon request by Borrower, Lender, at Lenders option within twentyyears 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 are secured her~suy. At iw Qifiia shall the prii',Gi~ul 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 NONE 22. Re1NSS. 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, it any. 23. Attorney's FNS. As used inthis Mortgage and in the Note, "attorneys fees" shall include attorneys 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 presence of: ~ ~ J~~%C- ~ ~_~{.t.~'-~.c_--f -s~t~ - (Seaq NORMAN M. CARTER ~ _ V~• (Seaq L1 OTHY W. CARTER Seaq ( ~ - (Seaq i STATE OF FLORIDA. County ss: t"fART I N i 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 i t~lORMAN M. CARTER ANIf IfOROTHY W. CARTER, HIS WIFE ~;,,~r, , to me known to be the person(s) described in and who executed the . foregoi~j a~~tt f* end acknowledged before me that Borrower executed the same for the purpose therein i3 z'/' - `'1NI~NESfS my hand and official seal in the county and state aforesaid this ~NI~ day of i`~tOVEMP~K ~ , t 9 My Commission. expires: - (Seaq Notary Public l~ry Rs51;c,- State of Ron:'tea al lc:re y Cori:::issir? Ex~%r~s tan. 1;32 q~ _ Cr (Space Below This Line Reserved for Lender and ReCOrder) 3fl~x3~9 PAGE2329 A-3096 6i 79