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HomeMy WebLinkAbout1292 ~ '.t~~~ prior to entry of a judgment enforcing this Mortgage ifs (a) Bc+rrc>.ver I+ays I-ender all sums which would be then due under this Mortpge, the Note and notes 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 Mortpge; (c) Borrower pays all reasonable expenses incurred by Leader in enforcing the rnvenagts and agreements of Borrower contained in this Mortpge and in enforcing Lenckr's remedies as provided in paragraph 18 hereof. including, but not limited to. reawnabk attorney's fees; and (d) Borrower takes such action as Lender may reasonably require to sssure that the lien of this Mortpge. Leader's interat itt idtw' Pr~~iiy uviivwci s G`uSi~iivu to par the sums secured oy iris iviorigagc shah Cuuii~~u~ uui~npaiic3. L'fvn such payment and cure by Borrower. this Mortgage and the obliptions secured hereby shall remain in full fora and effect as if no acceleration had occurred. 20. Asdptsed oft Rea~b; Appoiata~nt of Recdrer. 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 a abandon- ment of the Property. have the right to collect and retain such rents as they become due and payable. Upon acceleration under paragraph Ig hereof or abandonment 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 rnllected by the receiver shall be applied Brat 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 sceured by this Mortgage. The receiver shall be liable to account only for those rents actually reotived. 21. Frstrre Adtrascea. 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 interest thermn. 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 aaoordanoe herewith to proteM the security of thes Mortgage. excsed the origins! amount of the Note plus USS.. 22. Rdaise. UpQO payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay atl coats of rernrdation. if any. 23. Attor'ey'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: -s«~?.. ~ Theodore Poulos ..L..~f~Z~..~-C/.1~. C~?~.. ..........................................(Seal) STATE OF FLORIDA, St....l.uC 1 S .......................COUnty ss: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared Theodore Pou 1 os,, an , urunar r i ed ,man... . to me known to be the persortl(s) described in and who executed the foregoing instrument and acknowledged before me that.. hlr..........executed the same for the purpose therein ~ expressed. WITNESS my hand and official seal in the county and state aforesaid this.......~!'d ..............day of ....December ....................19..7.. ~ My Canmisaion eaplres: _ , i L ~ ~ v ' Q (Spate eetow This Line Reserved For Lender end Recoraeq ~ ~ / ,,t ~ l T. LUC:_ ! r FLA. . ~ ~~c., CLEF! . f .:•UriT _ DEC 19 I f 2s AM r79 469999 ru nnc~ ~ rn~