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HomeMy WebLinkAbout2718 . 1 ~ ? prior to entry of a judgment enforcing this Mortgage it: (a).Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances, if any, had ao acceleration occurred; /b) Borrower cures all breaches of any other covenants or'agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable exper?ses incur*sd by Leadtr in enforcing the eoveriailts 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. reasonable attorney's fees; and (d) Borrower tskes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's iaterest in the Property aad 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 hereby shall remain in full force and eRect as it . no acceleration had occurred. 20. Adgamed of Rests; Appoititmeat 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 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 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 Properry ac:•d 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 o[ the Property and collection of rents, including, but not limited to. receiver's foes, premiums on receiver's , bonds and reasonable attorney's foes, and then to the sums secured by this Mortgage. 'ilie receiver shall be liable to account only for those rents actually r+nxivcd. 21. Fa>tir~e Ad~a~cea. 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 Advancers, 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 security of this Mortgage, exceed the original amount of the Note plus USS... J'l1TrAtTTrn~TTlt-eTrr.~---- 22. Release. UpQa 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 any. 23. Atlora>ey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's foes, if say, which may be awarded by an appellate court. TN WITNESS WHEREOF, Borrower has executed this Mortgage. ` Signed, sealed and delivered in the presence of: - ~2.......... ' .(Seal) De n R. Ba t c i rak %~.:%'2~:.: ~:GC/..... ..(Seal) Barbette Y. Ba• ci rak -BO"O1MS' STATE OF FLORIDA, Sx....LUC i e .....................County ss: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the co»rity ~ aforesaid to take acknowledgements, personally appeared... Dean .R.. Bal,~i.rak. and .RacbeLx~ Y..... ~I • • $a lc i rak.,..h is .wife to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that... they.......executed the same for the purpose therein ~ expressed. + E ~ WITNESS my hand and official seal in the county and state aforesaid this.........16th...........day of ~ ! . 3 ` .NoYemb~r 19... ~9.. ~ f ~ My CotAinission expires: ~ Q' t tseen notary A,aK 3 ~ °f~,4 . ~ ~ ~ . J. ''•~•••,~~'~/n F.7~RRY fE.'9rr~ $TAig OR ROR'C~A et LJU1~i: ~ , mot.,:° i ' ~i~lu~c`'~ I '"~I ~./I,M,,,1,N, P (Spice Below This line Rtserved For Lender and RetOrder) a O5t'('r Nr.~, • ^~-1 J <`i ~ I y~~ FILEO Ay_ . CEO -l.A. ~ . ! C ST. LUC' = s ~ ANb'd~';;J ~Ii..~.1 ,~V1{HO CLE~• 'OUaT DEC 10 3 s2 Pu 4~n4 s