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HomeMy WebLinkAbout0347 . , ~ 0~'8 L prior to entry of a judgment enforcing this Mortgage it (a) Borrower pays Lender all sums which would tie then due under this Mortgage, the Note and notes securing Future Advances, H any. had no acceleration occurred; (bl Borrower cures alt breaches aanyothetCOVSnants oragreements a Borrowercontained in this Mortgage; (q Borrower pays all reasonable expenses incurred by Lender in enforcing the covenants and agreements a Borrower contained in this~Mortgage and in enforcing Landers remedies as provided in paragraph 18 hereof. including, but not Hmited to, reasonable attomeys tees; and rao, i~-artakve ~sct: n as Lsndrr may re`3ses~l~ly rec~!ire tp assure that the lien a this Mortr,~age, Lenders in- terest inthe P?Opertyand Borrowers obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, thin Mortgage and the obligations secured hereby shat) remain in full lorce and effect - as it no acceleration had occurred _ TO.- AsaiQnnterttotRenb;AppcNntmeMp/paoelw~ As Additionalsecurilyhereunder.Borrowerherebyassigns b Lender the rents a the PropeAy, provided that Borrower shall, prior ro accreleration ur?der paragraph 18 herea or abandon- ment athe Property, have the right to collect and retain such rents as they become due and payable. Upon acxeleration under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a Court to enter upon, take possession a and manage the Property and to col:3ct 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 a the Property and collection of rents, including, but not limited to, receivers tees, premiums on receivers bonds and reasonable attorneys tees, and then to the sums secured by this Mortgage The receiver shat I be liable to account only for those rents actually received. Z1. Future Advances. Upon request by Borrower, Lender, at Lenders option within twenty years from the date of this Mortgage. may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are 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 iii NnNc_"'"-------"____ 22. ffteleaN. Upon paymentof all sums secured bythis Mortgage, Lender shall release this Mortgagewithout charge to Borrower. Borrower shaft pay all costs of recordation, if any. - Z3. Albmeys Fees. As used in this Mortgage and in the Note."attorneys fees" shalt include attomeys 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: (Seaq C~ LEON BECK ~ ~,~~~.a./ (Seaq TE~ESA BECK (Seaq (Seaq STATE OF FLORIDA, Counryss: MAkTIN I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county atoresaid to take acknowledgements, personally appeared AEON FLECK AlrlIt TEkESA BECK, HIS WIFE . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that Borrower executed the same for the purpose therein expressed. ~;;,s:•.~'WJ~NESS my hand and official seat in the county and state aforesaid this ~ ^t3TH day of IBE~~ ~ . t 9 79. ~-T - - ~~Cor~ission e~Cpii~;. ~ ` . - , = Seaq Nola ub ~ ~ . ; , ~ . .l- t_. _ „c (Space Below This Line Reserved for tender and Recorder) e~ 8U K c~?J IbGE JY~ .A-3098 6/79