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HomeMy WebLinkAbout0948 ~r ~ t+i~~~i~ prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, fire Note and notes securing Future Advances, if,aay, had no acceleration occurred; (b) Borrower cures alt breaches of any other covenants or agreement: of Borrower contained in this Mortgage; (c) Borrower pay: all reasonable expemes incurred by Leader in enforcing the covenant: and agreements of Borrower contained in this Mortgage and is enforcing Lender's remedies at provided is ~aagaph 18 hereof, including. but not limited to, reawnable attorney`s tea; and (d) Borrower take 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 unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obliptions secured hereby shall remain in full force and eBect a: if ao aocekratioa had occurred. Z0. Aeslptseat eit Restlq Appo6rtted o[ Receiver. As additanal security hereunder. Borrovrer hereby. assigr~ to Lender the rents of the Property, provided that Borrower shall. prior to accekntion under parsgrapb 18 her~oof or abandon- ment of fire Property, have the right to collect and retain such rent: a: they become due and payable. Upon acceleration under patagaph 18 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a court to eater 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 receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. 'ibe rxeiver shall be liable to account only for those rents actually received. - 21. Fatsw Airasca. Upon request by Borrower. Lender. at Lender's option within twenty years from the date of this Mortgage, may make FLture Advance to Borrower. Such Future Advances, with interest thereon, ahali be secured by this Mortgage when evidenced by promissory recta stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage. not including sums adv in a~rdanoe herewith to protect the security of this Mortgage. exceed the original amount of the Note plus USt. ~`~oa0.`.`~Q . • • • . • 22. Release. Upon payment of all sums secured by thu Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. _ 23. Attarttey's Fes. As used in this Mortgage and in the Nott, "attorney's fees" shall include attorneys fees, if any, which may tr :w-... w by an sggcllatc ~surt. ~ IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the Drama of: ~ 1 - , cc ~ ~ ~ .......(Seal) 04z~~~, ~os~ ~1~~ Beale, ~.Jr. -sorres~ar ' . (Seal) Dorothy • ale -a«~ STATE of FI.oRma, rat zu~ie ......................County ss: I hereby certify that on this day, before nee, an olIicer duly authorized in the state d and in the county aforesaid to take acknowledgements, personalty appeared....T.USEPH..E.. BEALE/a~DOROTHY. F.... . .$FAI.~.,..h3.8_. W.~fe 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. i ~ WITNESS my hand and olBcial seal in the county and state aforesaid this ....1 ~ th day of r 4 .Ae~elnher 19. ].9... My Commission expu+es: • / .:,~~ttNttlr~ ~~u~............ State of Florida ~arge. My commission • ~'i ~ expires • ' . ~ • ~ G~ - +ary Du_'~Gt. State of florida at tar9e • ~ `c.a.. issi~n Ex~es Dec. 4, 1932 .S - - (Space aNow This lirN Reserved for Lender and Recordsr) t flLEO AND F~.;t+~,DEO RO~~~' i' ^tS CLEF.!: ~i~ ' ~:;:ftRT RECOa^ :--:Fi__ i Dec 18 9 of a~!'19 469'766 auac32~ PAGE 947 ~