HomeMy WebLinkAbout1805 • ~ - a . T~~,..
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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 and notes securing Future Advances. if nay, had tto aaxkration occurred: (b) Borrower eura
all branches of any other eovettnata or agreements of Borrower conUinod in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the eovenagts and agreements of Borrower contained is this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and
(d) Borrower takes such action as Leader may rca;unahty r:.-quire to assure that the lira of this Mortgage. Lender's interat
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 tuA fora and eReq as if
no aooekration had occutred.~
20. Aad~:eat of RetMs; AppointseN of Reeeher. As additional security hereunder, $orrower 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 and retain such ants as they bet~onte due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property, Leads shag be entitled to have a
receiver appointed by a court to enter upon, take pos..ession of and manage the Property and to collect the rents of the
_ Property, including those pest due. Ali rents w11e~:tei by the reteiti~cr steal! be applied first to payme-nt of the casts of _
managZment of the Property and collection of rents. including, but not limited to, receiver's foes. premiums on 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 roots actually received.
21. Ftitare Adraacar. Upon request by Borrrowcr, Lender, a1 Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, 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 aooordanoe herewith to protect the
sccuriry of this Mortgage, exceead the original amount of the Note plus USS""".
' Ti Rekaae. Uptih payment of all sums secured by this Mortgage, Lender shall reksse this Mortgage without charge
' to Borrower. Borrower shall pay all costs of recordation. if any.
23. Attorrrey'n Fees. As used in this Mortgage and in the Nute, "attorney's fees" steal! include attorney's Tess, if any,
which may be awarded by an appeQaie court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Sighed, sealed and delivered
in the Dtesence of:
' Ild S e
/
..........:...............................(Seal)
-aorrawr?
STATE OF FLORIDA, St.• •Z,l1C~C. - - . • . • • . • . • , •Covttty 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 • Roy, D Stepheltsc~i, . ~,t, Ilppgt~x~~ .
to hte known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that.....ht'.......executed the same for the purpose therein
expressed.
WITNESS my hand and official seal in the bounty and state aforesaid this..... , l~h , , . , , , , , , • , , ,may ~
Februar~r 19.......
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