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HomeMy WebLinkAbout1448 prior to carry of a judgment atforciag this Mortgage if: (a) Borrower pays Lender all sums which would be that due under this Mortgage, the Note sad ante securing Future Advances, if any, had no acceleration oxttrred; tb) Borrower coca all breeches of any other ooveoants or agreements of Borrower contained in this Mortgage; (c) Borrower pays aU ratossabie expaaes incun~ed by Calder in enforcing the oovena9ts and agreanents of Borrower ooatained in thb Mortgage and is enforcing Larder's tetnedies as pFovidod in paragraph 18 her+oof, including, but not limited to, reasonable attorney's fee; atd (d) Borrower takes such sction as Lander may rasonably require to sssura that the lien of the Mortpge. l~eoder"a interest in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall oontiatse uaienpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations sxurod hereby shaq raaain in full force gad died as if ao aoceleratioa Wd occurred. 2t. Aw~asaent et ResNiq A~oiataaesM of Receives: As additional security heratnder. Borrower haeby assigru to Leader the ralb of the Propa:y. provided that Borrower shall, -prior to aocekration wader paragraph 18 hereof or abaodoel- ment of the Property. have the right to collect and retain such Teats as they become due and payable. Upon aoodaation under paragraph 18 hereof or absindonma~t of t!ro Property. Leader shad be entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to ooliect the rents of the Property, including those past due. All teats collected by the receiver shall be applied Rtst to payment of the oasts of managenrtol of the-Properly and collection of rents, including, but not limited to, c+axivd's fee, oo rtceiver's bonds and r~easooabk attorney's fees, and thee to the sums secured by iha Mortgage. 1be rooeiveti sbaq be liable to aooount only for those rents actually received. 21. 1Ptitssfe Airaneea. Upon request by Borrower. Lender, at Lender's option within twenty years from the date of this Mortgage, may make FLture Advances to Borrower. SLch Future Advances, with interest thereon, shall be saurod 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 securod by this Mortgage, not including sums advanced in aooordance herewith to protect the security of this Mortgage, euceed the original amount of the Note plus USt""""""-""""'- • 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 reoordatan, if any. 23. Agorsiey*a Fees. As used in this Mortgage and in the Note. "attorney's fee" shag include attorney's fees, if any, which may be awarded by an appellate court. Irt WrTetFSS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: - _ , .fang '~~nG~~~~~.. ' ;1.:.........._ ~~~0~:~lL('tt 1 . i? ..~4~rrs~t,•.(Sea1) U .~~6 Ok'~ ' -~ono~wr STATE OF FLORIDA, St LuCiC . . . .County sa: I hereby certify that on this day, before me, an officer dul au~~ m the stato aforesaid in county aforesaid to take acknowledgements, personally appeared. St, Jin~ and Chung Ok t .his wiYe to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that ~~Y...... eaccuted the same for the purpose therein expressed. WITNESS my hand and ofllciai seal in ih~txiuuty and state aforesaid this......3~h .............day of J~~Y 19....... ~ My~mmission expires: ~yy~ ~ 1~~' ~ ` ~ m _ Wo~.ry Trek 5+.~. of n..w. ~ y ~ ~ of ls?o~. My Ga..t.jow txFYw _ r " ~ L : ~ Morth 7, 19x2 i (Sp~oe BNow Thts Liiw Ros~rvra For Lenoir sna rt.oora•o J ~ ~r~F N!7l~t~~ ~?'~1a't ~ ~ t 19G . ~-_~."-'j'.:,~.i ~"1L11 OJt/~IH~ F1~tt)R~f=~psti0 S t.tt'.E C31~l1i Y.f t.A. RC6`~R p~pltliAB -7~ 4'7`76'76 . a~3~'6 P~~446