HomeMy WebLinkAbout1760 •
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prior to entry of a judgment enforcing this Mortgage if: (a) Borrower wys Lender all sums which would be then due under
tha Mortgage, the Noti and notes securing Future Advancers. if :ny. had no accekration occurred; .(b) Borrower cures
aN breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
e:perues incurred by Lender in enforcing. the covenants sad agreements of Borrower contained is this Mortgage dad is
enforcing Lender's remedies ss provided in paragraph 18 hereof, including, but nos limited to. reasonabk attorney's fees; and
td) Borrower takes such action as Lender may reasonably require to assyn that the lien cf this iVfortga$e, Lender's interest
is the Property dad Bort+osrer's obligation to pay the sums secured by thi! MortABe•sh'all continue uaimpa~red. Upon such
payment dad cure by Borrower, this Mortgage and the obligations secured hereby shall remain in fup force dad effeM as if
ao accekatioa had occurred.
2t. AsaigmaeM of Retdr AppoiatArcat of Receira: As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower si::.,~, prior to aocekration under puagraph 18 hereof or abandon-
ment of the Property. bave the »ght to collect and retain such rents as they become due and payalde.
Upon aeakation udder paragraph 18 hereof or abaudonmeot of tbe. Property. Lender shall be entitled to have : -
receiver appointed by a court to enter upon, take possession of and manage the Property dad to collect the rents of the
Property, including those .past due. All rents collected by the receiver shall be appiisd first to payment of the costs of _
management of the Property dad oollectioa of r+erits, including. but not limited to. recdver's fees. premiums on receiver's
bonds dad t~easoaabk attorney's fees, dad then to the sums secured by this Mortgage. 'Ibe receiver shall be liable M account -
oaly for those teats actually . received.
2I. Famue Adrarrce+a. Upon request by Borrower, Lender, at Leader's option within twenty yeah from the date of this ~
Mortgsy,:, may make Futtm Advances to Borrower. 3tirch Future Advances, -with interest thereon. shall be secured by this
Mortgage when evidenced by promissory tortes stating utiat said notes are secured hereby. At no time shalt the principal -
anauot of the indebtedness sceurcd by this Mortgage, not including sums advanced in aooordaaoe herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS.......: -Q-
2Z. Rdeaee. Upon payment of aU sutm secured by this Mortgage, Leader :ball release this Mortgage without ~!e
to Borrower. Borrower shag ply aq costs of recordation. ii any..
23..Attoney'a Foes. As used in this Mortgage and in tfte Note. "attorney's fees" :hail include attorney's fees. if any.
-which may be awarded by as appellate court.
IN WITNESS 1lVHER8OF, Borrower has executed this Mortgage.. ~ ,
Sighed, sealed and delivered -
in the presence of: - -
J j - - - ~
~1 i~ . ~{!:A-4..tv ,Ice c.~.t...t-him-, - ~ - -
~d~. y ~ .STEP ICURPIL ~ . , ..............._~Seat) .
_ (Seal)
- IREI3E RtTItPIL -~a~on.r
STATE OF FLORIDA, ......+5~!. ~ttiG~S'rr ........................COUnty ~S:
I hereby certify that od this day, before me, an olIioer duly sutboriied in the state aforesaid and in the county -
aforesaid to take acknowledgements, personally appear~ed..StepheA ~urpil, atul.Ireae. Ruzpi]., .his.... .
to tae known to be the person(s) described in and who executed-tbe -
foregoing itutrument and arknoxiedged before tree that they.. - .executed the same for the purpose therein
expressed, - -
Wm~rESS ~ hand and ofgcilit seal is the county and state aforesaid this.......:~`.5 ~ .:......day of
......Asst...,... ..............19...jg..
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1197 .'G~ .
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- x- . P ~ ~ : _ Mowry fliblle str d Rani at tr!?
` _ ~ g . L C , = Mr ~bdea EiFlrwJtrrral~tN1
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(Slpaca aalor This Lisa Rasirwd For LRedat and Raeordar)
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- 1980 JAN 28 ~ ~ 2 7 -
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