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HomeMy WebLinkAbout2769 • - - - - 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, the Note and rates securing Future Advances. if any, had no aoakration occurred; ib) Borrower cures i all breaches of any other covenants or agreements of Borrower contained is 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 t~emedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorneys fees; and id) Borrower takes such action u 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 uaimpair~ed. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain is full fora gad effect as if no accekntaa had occurred. 2t. Awit.sr+esrt of Rests; A~ointreN of Receiver. As additional security hereunder. Borrower hereby assigns to Lender the rents of the Property. provided that Borrower shall, prior to aoakration under paragraph 18 hereof or abandon- ment of the Property, have the right to collect and retain such rents as they beware due gad payable. Upon aooderation under paragraph 18 hereof or abandonment of the Property. Lsn~r shag be entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property gad to collect the rents of the Property, including those past due. All rents collected by the r+a:eiver shall be applied first to payment of the costs of management of the Property and coltoction 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 receiva shall be liable to account only for those rents actually received. ~ fl. Fotru~e Aavasrces. 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 6e secured by this Mortgage when evideooed 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 soma advanced in aooordarroe bet~ewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS"""""""""""' ?,2. Reieaae. Upgn payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coats of recordation. if any. 23. Attorney's Fees. As used in This Mortgage and in the Note. "attorney's foes" shall include attorney's fees, if gay, which may be awarded by as appellate court. 1'N WrtrtESS WHEREOF, Borrower has executed this Mortgage. • Signed, sealed and deGver+ed in the presence of: ~ a:.:. I~~.~ ~ P ~ k~ . / ...................(st~l) /~s~- ) Terrence E. Trurnan Cheryl M. Truman t STATE OF FLORmA, SL_ .LUCi a .......................County ss: 1 hereby certify that on this day, before me, an olf'icer duly authorised in the state aforesaid aQd in the ootutty aforesaid to take acknowledgements, personally appeared....T.ert:etace..E_ .Truman .and: Chex.Kl .M.. , ..Truma0.,. hips .~ri f~ to me known a be the person(s) described in and who executed the j foregoing instrument and acknowledged before me that... xheX ......executed the same for the purpose therein t expressed. • WITNESS my band gad official seal in the county and state aforesaid this......... ZbXll ..........day of . Irjoil~epther: . - f ,19.79.... O` t N•~ory rbKc sr•r• of fbrNs Yam, ~ ~ ~ o~ Lwy. My Ca•i.iwlon ExPll'M u ~ ~A Mwd~ 7. 1912 f~,, . -j~+~ iSP~• This Lin• R•srvd Fa Lend•r and R•tad•0 l/~~G VQIijV~~ r - ' 3~a3~d lao~ 199 DEC 28 PM 3 4$ 37111 O~~~INJ F11E0 AMQ kEC~~jj:??iDiO a S ROGER PWTFtAS~~ . CLERK CIRCiMT COURT t R£CORD VERIFIED. 4'74956