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HomeMy WebLinkAbout1325 f • i~/I,o~..i prior to entry of a judgment enforcing this Mortgagr if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes scouring Future Advances, it any; had no acceleration occurred; lb) Borrower cures s!! breaches of any othtr cotenants az agrccm:.nz; of SorroKCi tontaiacd in ibis hlortgagc; tc) Borrower pays a!I rcasoaablc expenses incurred by Lender in enforcing the covenant: and agreements of Borrower contained in this Mortgage and in enforcing Lender i remedies as provided in paragraph 18 hereof, including. but not limited to. reasonable attomey'a tees; and (d) Borrower takes such action as lender may reasonably require to assure that the lien o[ this Mortgage, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such payment and cure by Borrower. this Mortgage and the obligations secured hereby shall remain. in full force and eRect as if no acceleration had occurred. 20. Assigaased of Reatst Appnlataseat of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rents o[ the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect and rNain such rents as they become due and payable. Upon acceleration 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 of and manage the Property and to vollect the rents of the Pegperty, including those past due. All rents collected by the receiver shall be applied first to payment o[ the costs of management of the Property and collection of rents, including, but not limited to. receiver's fees. premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. 'Ilse receiver shall be liable to account only for those rents actually. received. Tl. Fatere Advsaca+a. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this Mortgage, may make Fuiurc Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidencYd by promissory notes stating that said notes arc secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums adva~d i accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS ~¦3Vl~ti~. 22. Reka'e. Upon payment of all sums secured. by this Mortgage, Lender shall release this Mortgage wi'w'tout charga tp Borrower. Borrower shall pay all coats of recordation. if any. 23. Attorwer'e Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attomey's fees, if any, which may be awardeei `oy an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. - Signed, sealed and delivered in the presence of: ? ' ~ ei.~.,.,,i.,.. ~~~~it:~t~ ......(seal) ' ~ -•~r / Vicbor F. Caldat+ola • ~ (Seat) Nioolina Caldarola STATE OF FLORIDA, S~IE ...................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 acknowledgements, personally appeared. V,1;G'.l~[t.F,. ~A c1i1d ~I00[;TI~ C~IL1, his .wife io the known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that... t2~Gy......executed the same for the purpose therein expressed. I . ~Wl~~tgss my hand and•o~cial•seal in the county and state aforesaid this ...a f A!-~.........day of Ii S~biYf~.A>E aF atxta? ~T wet ? J" . . ~ IfSiO^I ti>v I DES Alt . 4 W let • ~-k• ~.ww,~SL•,r i ti ~t>wt ~N5 ul~[twR1t~S IlotarpPublie i _ l : • (StnC~e ltNow TAis Ling Rtsuv~d For Lender snA RKOrder) f • ~'f3 ~9 ~ ~ 3- ~9 ~~c ~t~e•~et:ut~a o ROGER POlTRns Cl.f.RK~CIRCtlR COSsR1/, ttECGRe~ 1'EF;FtzC_~ 9 T _ - ~~x326 t~1~