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HomeMy WebLinkAbout1272 ~ ~ ! prior to entry of a judgment enforcing this Morigag~ if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and note securing Future Advances, if any, had no acceleration occurred; (b) Borrower cura 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 eovenagts 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. reasonabk attorneys fees; and (d) Borrower takes 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 Morigage shall continue unimpaired. Upon such payment and cure by Bortower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if no acceleration had occurred. 20. AssignmeN of Rtats; Appolntseat of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall. prior to accekration under paragraph 18 hereof or abandar- ment of the Property, have the right to collect and retain such rent: az they become due and payable. Upon acceleration under paragraph 18 hereof or a~ara~-u:: t ?f 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 costs 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 aceount only for those rents actually received. 21. IFlrttue Advascea. Upon request by Borrower. Lender, at Lender's option within twenty years from the date of this Mortgage. may make Futurc•Advances to Borrower. Such Future Advances, with interat 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 accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USf"-"' . 2L Release. UpoA payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay aU coats of rernrdation, if any. 23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's foes" shall include attorney's fees, if any, which may be awarded by an appellate rnurt. iN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: i H M I h -ew.ow.. I ~ r- ~+s c ~ -.~~G4~ !~4.~, . ~L.~~i. ~l.:. . L: ~ (Seal) Edna R. Minnie . • -eor~ $TATEOFFLORIDA,........St;•.LUGi-6••.••.•••••-•••••••-•.COllntySS: _ I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county ''i aforesaid to take acknowledgements, personally appeared...4@w! ~ M i nn i ch and ,Edna R. _ M i nn,i eh, , , h.i s..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.....tht=y.:...executed the same for the purpose therein expressed. WITNESS my hand and official seal in the county and state aforesaid this........ 2Qt;11...........day of Naverober 19...9.. ' My:Commission expires: ' ~ , F ~ ~ _ wrery fbbsc srete of t~ortde • ~ 4 © _ nt lexae. My Co..woa tia~iw • ..l _ ~rJ 7.19ti2 / r ~ ' ,aa l / (Spate Below This Line Resennd For Lender and RacorOer) 11r,~~.v.. , s .t.u,?f~. . REC~h' , ~ + DEC 19 I I i3 4~,9~l9~ EQ7C 3G2 osr_r 1 ~~7