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HomeMy WebLinkAbout1070 . . s. 1 ?~~t~ 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 aoakration occurred; (b) Borrower cura all breaches of any other oovottauta or agreements of Borrower contained in tha Mortgt~ge; (c) Borrower pays all reasonable expenses incurred by Lender in enforcing the oovenagts 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 toes; and (d) Borrower takes niclt action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interat in the Property and Borrower's obligation to pay the sums secured by this Mortgage s1ta11 oontintto unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in fuU force and effect as if no accekratan had occurred. 20. AadgnateN of RettNr. Appointwed of Recdver. As additional security hereunder. Borrower hereby assigns to Lender the rents of the Property. provided that Borrower shall, prior to aooekration under paragraph 18 hereof or abandon- ment of the Property, have the right to collect and retain :uch rents a: they become due and payable. Upon acceleration under paragraph 18 hereof or abandonnxnt 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 coats of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. - 21. Ftttnre Advaecas. 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 interat thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are securod 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 22. Rdatae. Upon payment of a!1 sums secured by this Mortgage. Lenikr shall ukase this Mortgage without charge to Borrower. Borrower shall pay all costs of tYCOrdatan. if any. 23. Atttoney's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's 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: ,,~G~~i,~!-Q/ ~~~f!. ~ . (Seal) Roswe l l~ T.~ F ra l i c{c ~ 7?E .e'~ L~e~i . (Seal) `Y.. ~;!*Gl~~~ Ruby ~ an a Fra 1 i ck -eo?~ow.. STATE OF FLORIDA, S t i . ~.~4 t.t'r , . COIlIIty SS: 1 hereby certify that on this day; before rne, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appearcd..Roswel,l„T; _ Fral.ick.and RubX. Juani to Fral. i.ek , . h! 5. w i f e to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that... LheY.......executed the same for the purpose therein E expressed. f E WITNESS my hand and official seal in the county and state aforesaid this... ?6th . . . . day of ~ .Noyemb~er. ..................19.79.... g ,.icy ton expires: ~ ~ ':!a . a Notary Public .J, + . ~ . • s ~ = NOtrr hbtic SIGN O! /10rI~A f.,_ ` • : • ~ = , 01 tar9o. My Co~niwbn ExPirM .n a~ ~ .~-'f~ r v ~ ~ ' ~..gHh.N.`.M ' v. ~ tom.: (Spec 8~low This ling R~s~vod For l.end~r and R~totOlh g U~trEi: , --•t~.' /ILEO sM^ r~... ~1~E0 7lNbdIAO~ 3 l~ir~(:~:!i ~ lxi _ +:,``;t!'~IN~ CLE ~CI~ ~CURjQ ~ 18 36 aa,'~9 469861