HomeMy WebLinkAbout1513 pour to tort} ul a iudgmcnt enlorruig this Atirtgage it • 1 a 1 Bormwer pay. !-cn.ler all nuns which would he then due under
this Mortgage, the Note and notes securing f=uture Advances, if any, had nu acrelerauun occurred: thf Burrower cures
all breaches ut any other covenants ur agreements ul Borrower contained in this Mortgage: I c l Rorriwcr pays all reasonable
expense. incurred M• !.ender in enforcing thr covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 herein, including, but nut limited to, reasinahle attorney's fees; and
Id? Borrower takes such action as !.ender ma) reaaunahly require ti assure that the lien of this Alortgagt, Lender's interest
in the Property and Borrower's ohligalion to pa)• the sums secured by this Mortgage shall rnntinue unimpaired. Upon such
payment and cure h}• Borrower, this Mortgage and the obligations secured hereby shall remain in full farce and effect as if
no acceleration had uccurrrd.
20. Assignment of Rents; Appointment of Receiver. As additiinal security hereunder, Borrower hereby assigns to
Lender the ants of the Property, provided that Borrower shall, prior ti acceleration under paragraph IK hereof or abandon-
ment of the Property, have the right to collect and retain such rents as they become due and payable.
Ulx~n acceleration under paragraph 1 K hereit it abandonment of the Property, Lender shall be entitled to have a
receiver appointed h}• a court to enter upin, take possession of and manage the Propert)• and Io rnllect the rents of the
Pn.~perty, including those past due. All rents collected by the receiver shall be applied fist ti payment of the costs of
management of the Property and collection of rents, including, t+ut nit limited to, receiver's fees, premiums on receiver's
twnds and reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only fir those rents actually received.
21. Future Advances. Upon request h}• Burrower, 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 thereon, shall t?e secured by this
Mortgage when evidenced by promissory Hires stating that said notes arc secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums ad c n ££cordance herewith to protect the
security of this Mortgage, exceed the original amiunt of the Note plus USS ~~,~~~~~U
22. Release. Upon payment of all sums secured by this 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 of:
...~t~. tf!Y4 k~41 . (Seal)
....1..
. C~ / U]3r1 Passanante -eor?ower
Y ~.~n..^.` (Seal)
tte P t@ -eorrowa
STATE OF FLORIDA . ..............ST..I,~IE ................COUnIy SS:
I hereby certify that on this day, before roc, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgcrnents, personally appeared ..CHARLES. PA.S.S~LTAI~T1'E ,and .1~NIOIl~TIE....... .
PASSADTAi~?.IE,. his.wife to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that they executed the same for the purpose therein
expressed.
~
~ WITNE my hand rid o cial seal in thy, c~rnty and state aforesaid this .............`..........day of
.......,19...
My Commission exp[res: ~•p -S 3 ~
?f- l~
[Seal) • /i ,Notary Public
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