HomeMy WebLinkAbout1926 -
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prior to entry of a judgaaeat enforcing this Mortgage i[: (a) Borrower pays Lerrde ~ irrtu which would be then due under
this Mortgage, the Note and notes socuring Future Advsncxs, it say. had rw soceleration occurred: (b) Hotrowec cure
all breaches of sny other covenants or agroenrena of Bormwsr contained is this Mortgap: (c) Borrower pays cep res:ooable
expenses iucwted by Lender in enforcing rho oovepan4 sod agreerrrents of Bon+ower ooatained in this Mortgage and is
enforcing Leaders retaedies as provided is paragraph l8 hereof, iacludittg, but not limited to, reraonsbie sttatrtey'a tees; anti
" (d) HorroMOC takes such action as reader may re.:onawy require w sssrrre tbttt the lien of_ tba Mortgage, Lenders interest
in the Property anti Bort+otver`a,obiirgatiort ~ psy the suttrs se¢ttrod by this Mortgags shall coutimre utwapiired. _ Upon such
payment anti cure by Borrower. this Mortgage and the obGptions secured hereby shall remain is full force and effect as if
ao acoeientioit had ocaurrod.
_ . . 2l. Assipsseat et->llea~ A!leMateanrt +ot ~Recsirer.: ~As additional security. hereunder. Borrower hereby sssigas to
Q ~ Leader the rafts of the Property,. provided that Borrower shall. prig to acceleration under paragraph 18 hereof or abandon.
-1J ~ ~M of the Property. have the right to collect sad-main sud~.reats at they become due and payable.
~ Upon aooeleration under paragraph 18.hereof or abaadonmeat of the Property. Lender drap be entitled to haw a
rcrcires appointed by a but to enter upon. taxe posasuion of sr~ manage the ~ Property arld to ~lket the recta of the '
Property, including those past due. All rents collected by the receiver shall be applied Srp` to payment of the costs of
msasgerrreat of the Property and collection of rents, including, but not limited to. receiver's fees, premiums oa •receiver's
bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rmtts actually rooeived.
21. Freston Aivarrca. Upon roquest by Borrower, Lender, at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrawer, Such Future Advances, with interest thereon, shall be secured by this
Mortgage when.evidea(xd by promissory Rotes stating that said notes are secured hereby. At no time shalt the principal
amount of the iadebtsdoess secured by this Mortgage. not including sums advanced in aocordanoe herewiW to protect the ,
security of this Mortgage, exceed the original amount of the Note plus USt
22.. Rekaee. Upon payment of all sums securod by this Mortgage, Lader~ahsp relatse this~Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Atterwey*s Fee. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if my,
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IN Wtrtvess WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of: -
.....5~-t~tc.mti~~.~' • eSean
~ Ito F. -°°"'°w"
S:,~: s )
STATE OF FLORIDA . PR1Dl Beach............County ss:
I hereby certify that on this day, before me, an o8icer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared.. RQNALD. F.LO~TBS .anti. Td,NA •S. • IA,TrBS~
. hie slife--r...........-----zz---.; to me known to be the person(s) described in and who executed the
foregoing insttvment and acknowledged before me that... they ......executed the same for the purpose therein
expressed.. .
W4 . ~ 4Vq~~ard'of6ciat seal in the county and state aifQresaid•t~iis..... ~,k~b...::. _ ....day of
~s 4i, : 19.
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(Sp~os BNow This LiM Rsx~n~d Fo? le:.~sr snd Recorded
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