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HomeMy WebLinkAbout1272 .c 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 gad notes securing Future Advances. if gay. had ao acceleration occurred; (b) Borrower cures all breaches of any other coveoaats or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable expense: incurred by Leader in enforcing the oovenagt: and agreement: of Borrower contained in this Mortgage and in enforcing Lender's ranedie: as provided in paragraph 18 hereof, including, but not limited to, rcasoaabk attorney's fees; and (d) Borrower takes such action as [,ender may reasonably iequirc to aasune that the lien of this Mortgage, Lender's interest in the Property gad Horrower"s obligation to pay the sums secured by this Mortgage shall continue- unimpaired. Upon such payment gad cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if no aocekation had occurred. . 2t. Aadgrleltt of Rea4s~ A~olritseat of Beecher. As additional security hereunder. Borrower hereby assigns to Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect snd retain such rez:ts ss they become due and payable- ' Upon aocekratiai ~ under paragraph 18 hereof or abandonnxnt of the Property, Lender sbaU be entitled to have a rtxt:i~ct apNi,itlt~t by a ~wrt to cntar upon, tike poo~;ssi.,n of and manage the Property and to collect the znts of the Property, including those past due. All rents collected by the receiver shall be applied first to payment of the costs of management of the Property gad collection of rents, including, but not limited to. receiver's fees, premiums on receiver's bonds and reasooabk attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. 21. Fsltore AivalKw. 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 interest theroon, 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 USS..... r.----r.--r----r----.. • 2t Rdeaae. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all goats of recordation. it any. 23. Attorsiey's Fees. As used in this Mortgage and in the Note, "attorney's foes" 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: ; ~,'1• 0..e lam. !j?J (sea!) eld_on G.~ Blodgette ~ ~?.sf•- ~ (seas) i"la Rorie E. Blodget a STATE OF FLORIDA . Sx....~uci e................County ss: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowiecigrmrni~, persunaliy appeared. ...Weldon. .Blctigette.at:d. Har.3orie. E..... ..Blodgette, .his. ~ii:fe 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. f j WITNESS my hand and official seal in the county and state aforesaid this....... l~th............day of February 19.. $0 t My Commission expires: /~/~///_1//\J ~ . Y ~ •I I _ . ,,f,,r",, • • • • . • • • • • . • • . . . . 4 1tl~ a p~q Notary Public 9+ r• ° - , ~ t3 • No,ory r„brlc slot. of t~ortde ' ~ - . • ; .~Oi 2 of large. My Co~witatWl r ~ e .n _ t9.z , - • o, (Space Below This LiM Rssarwd For Lender and Racadeh ~=Q aSti££ b^!'-t~;`?a r3~~ntd "12103 ~ ~~a7~v t~ _ , , . . 6 11~y YCi%ivJ 1-.. .:ILJI~iI J•11~.` LJY.~j~J '.'~lo ~~u LV ~~i j._ YZ f F0.fD+?~~itit4tD ST.tLICff. CLINtY.fil~ RO&LR I'tllTltr:S Ctf ~1(p8Ct11T CteitT - - i P ' ~ ~ eo~x326 ~a~E~.270