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HomeMy WebLinkAbout0435 ~ jA V~~ prior to entry OI a judgrnenl enforcing this Mortgage if: (ap Borrower pays Lender all sums which wouki be then due under this Mortgage. the Note end notes securing future Advances, it any, had no acceleratoor? occurred; (W Borrower cures all breaches of eny other covenants or agreements of Borrower contained in this Mortgage; (q borrower pays all reasonable expensgs incurred by lender in enfproirtg the covenants 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, reasonabb attorneys fees; and (dl Borrower takes such action as lender racy reasonably require to assure that the lien of thin Mortgage, Lenders in- terest in ttte Property and Borrower's obligation to pay the sums securod by this Mortgage shall continue unimpaired. Upon such paymsrlt arx(cure by Borrower. this Mortgage and th8oobligations secured hereby shall remain in fuU force and effect as if no acceleration had occurred. ~ ~ - ~O. /laelpwnNntot Rem Appolntrlnent oft pecalver. As additional security hereunder, Borrower hereby assigns to Lendertherents of the Property. provided that Borrower shall. priortoaoceleration under paragraph t 8 hereof orabandon- ment of the Properly. have the right to collect and retain.such rents as they become-due and payable. Upon acceleration under paragraph 18 hereof or abandonment d the Property, lender shalt be entitled to have a receiver appointed by a court to enter upon. take possession of and manage the Property and to col:3ct 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 tees. 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 rece'nred. Z1. tFUtvn 1ldvanca. Upon request by Borrower, Lender, at tenders 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 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 NONE--------------- 2Z. Rele~M. Upon payment of all sums secured bythis Mortgage, lender shall release this Mortgagewithout charge to Borrower. Borrower shall pay all costs of recordation, if any. Z9. AttOrney/e Fetes. As used in this Mortgage and in the Note, "attomeys tees" shall include attomeys tees, 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 1~~~~yc. ~ (Seaq / ~ ~ - NANCY L. ELVERTON (Seaq (Seal) I _ STATE OF FLORIDA, County ss: MAkTIN I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county f aforesaid to take acknowledgements. personally appeared ii fVANCY L. YELVENTON A SINGLE WOMAN 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. j I .;zY WITNESS my hand and official seal in the county and state aforesaid this 11TH day of ~ ~'s~• .19~~. yr_ : ~q fires: ~Ce%La-Oki •-r 'r',. ' otary Pu tic - f~1try Public. State of Flaida at tarq! t - 'dt' -t~.fomm~ssur, Expire,-,aucn 3G, iY33 .J- r~;`; - { •"~r~ Iu~NO 11 l~r~e r4~.. 1r• S l...Yr -c c:Va•., . .~~9 } • _ . a~ 3 j`~ . A I 3 (Space Below This Line -Reserved for Lender and Recorded r ' a ~t 1'8 ~'ea ~Sqd ~plaol3 'd~o7 1 ~ - watlK~// w•nr A~r1