Loading...
HomeMy WebLinkAbout1133 _ ra. ) 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 Mortgage; (c) Borrower pays all reasonable expenses incurred by Lender in enforcing the covenants and agreements of Borrower oontainsd in this Mortgage and in enforcing Lender's remedies a provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's fees; and (d) Borrower takes such action a Leader may reasonably require to assure that the lien of this Mortgage, Lender's enteral in the Property sad 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 sccurcd hereby shall remain in full force and effect as if ao aocekratioa had occurred. 20. Asdgwetit of Rest Appoietmeat o[ 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 rnllect and retain such rents a they become due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall be eatitled 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 pat due. All rents collected by the receiver shall be applied first to payment of the ~cvsts of management of the Property utd collection of rents. including, but not limited to, receiver's fees, premiums on receiver s bonds sad reasonable attorney's fees. and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those reab actually received. ~ " 21. Fsrttrre Advaneut. 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 enteral thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes arc secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in aocordaatx herewith to protect the security of this. Mortgagee, exceed the original amount of the Note plus USS . 22. -Release. Upon payment of all sums secured by thin Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. Attorney'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 . ) ~ ~ - ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ FREDERICK WILLIAM RUBECK ~ -8 ~ .....Ql~!~: (Seal, STATE OF FLORIDA ..........................Mr~t].I1 .......County ss: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in tbe county aforesaid to take acknowledgements, personally appeared.. FREDERICK. S~IILLIAM .RUBECK . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that..... he......executed the same for the purpose therein expressed. t WITNESS my hand and official seal in the county and state aforesaid this ~ ........day of My Commissiort~at~s: 3-a~-$ I ..r~1ti4 X...~ : , ~~4~w~-:......... . t~'' j • ` Notary PuDlie " " - _ gY g 5[t . (Space Below This Line Rssarwd For lender and Recorder) i fIIED xNC ":"'EO i RO;c . ' S CIFF t. r . n~w,j . ~ REC01 ~ ~ : ' DEC IB 2 3~ P~ `19 . 4~i9bi99 " 1/ C. Norri: Tikon, P. A. e.,~~R~/~ _ ~ A An Attorney at Lew