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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, if any, had no acceleration occurred; (b) Borrower cures
all breaches of any other covenants or agreements of Borrower contained in this Mortgages; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenagts and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonatNe arrorney's fees: and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpzired. Upon such
payment and cure by Borrower. this Mortgage and the obligations secured hereby shall remain in full force and effect as if
no aceeleration had occurred.
20. Aadpsent elf Rents: Appoiolraed of Receiver. As additional. security hereunder. Borrower hereby assigns to
Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 heteof or abandon-
ment of the Property, have the right to collect and retain such rents u they become due and payable.
Upon aceekation under 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 be applied first to payment of the costs o[
management of the Property and collection of rents, including, but not limited to, receiver's foes. premiums on rexeiver's
bonds and reasonable attorney's foes, and then to the sums secured by this Mortgage. 'Ibe receiver shall be liable to account
only [or those rents actually received.
21. Palace Advaaca. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall Ile secured by this
Mortgage when evidenced by promissory notex stating that said notes arc secured hereby. At no time shall the principal
amount of the indebtedness securod 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.. ---rr.-------rr.----r.--.
22. Rdeaae. Upon payment of all sums securexl by this Mortgage, Lender shall r+ekase this Mortgage without charge:
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Attoraep's Fexs. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's foes, if any,
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered , `
in the Dresence of:
~ ......................cseal)
Leo A. Ravenel~le
.....V .......~~'t / ~~ie~ 11 ~4.i~r . E:. (C. ~~~5.9.~ (Seal)
Mage la L. Ravenelle
STATE OF FLORIDA, ..........$t:.. LUGI+e ....................COUnty 3S:
i, I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
~'i aforesaid to take acknowledgements, personally appeared.. Lso .A.. Ravenel 1 e. and .Magea.lia .1.......... .
• - •Ravenal-1•e r • ha s• ~i•fe • • • • • • • • • • • to me known to be the person(s) described in and who executed tree
foregoing instrument and acknowledged before me that.. they • • -executed the same for the purpose therein
j expressed. _
WITNESS my hand and official seal in the county and state aforesaid this...........lgth.........day of
~ -trover 19..7g
I?~1_ mission expires:
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lsoece Below This L'me Reserved Fa le~Wlr end Recor0s0
bSt~E£ N~I?~0'1~ ''^?~''d laOj ED
, , t , J FILED aH: :Fla.
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DEC !0 3
468998
6GOK321 PAGE2~02