HomeMy WebLinkAbout1954 prior to entr)• of a judgment enforcing this \tortgalec if: t a 1 Borrower payc 1-ender all sums which would he then due under
this Mortgage, the Note and. notes securing Future Advanccc, if any, had no acceleration occurred: Ihl Borrower cures
all breaches of any other covenants or agreements M Bornwrr contained in this Mortgage: (c1 Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in p:?ragr.~ph Itt hereof, including, but not limited to. reawnahle attorney's fees: and #
(d) Borrower takes such action as !.ender may reaumahl)• require to assure that the lien of this Mortgage, Lenders interest
in the Pmperty and Borrower's obligation to pa)• the sums secured b)• this Mortgage .hall continue unimpaired. Upon such
payment and cure by Bormwer, this Mortgage and the obligations securcK! hereby shall remain in full force and effect as if
no accelerata~n had occurred.
20. Assignment of Rents; Appointment of Receiser. A. additional security hcrcundcr. Bormwer hereby assigns to
!.ender the ants of the Property, pmvidcd that Bormwer chill, prior to acccler.~tion under paragraph IR hercof-or abandon-
ment of the Property, have the right to collect and retain such rents as they become diK and payable.
Upon acceleration under paragraph 1 ti hereof or abandonment of the Property, .Lender shall he entitled to have a
receiver appointed h)• a court to enter upon, Take possession ut and manage the Property and to collect the rents of the
Property, including those pass due. All rents collected by the receiver shall he applied first to payment of the costs of_
managciiicnt of the Pnperty snd collection of rents, including, but not limited to. receiver's fees, premiums on receiver's
twnds and reasonable attorney's fees, and then to the sums secure-~i by this I?lortgage. The receiver shat! be liable to account
only for those rents actually received.
21. Future Advances. Upon request b)• Borrower. I.cndcr. at Lender: option within twenty years from the date of this
Mortgage, may make Future Advanc~y to B~?rmwer. tiuch Future Advances, with interest thereon, shall he secured by this
Mortgage when eviden~h)• promissor)• notes stating that said notes arc secured hereby. At no time shall the principal
amount of the indebtedne s -secured by this Mortgaggc, n~~t including sums advanced in accordance herewith to protect the
securit)• of this Mortgage, exceed the original amount .~f the Note plus USS......I~OnP_ '
22. Release. ttpon payment of all sums secured h)' this Mortgage, fender shall release this Mortgage without charge
to Borrower. Borrower shall pay. all- rnsts of rccard:aian, if any.
23. Attorney's Fees. As used in this Mortgage and in the Note, "attornc)•'s Pecs" shall include attorney's fees, if any,
which may be awarded Byrn appellate court. -
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, seated and delivered -
in the Drescnce.of:
- ~ 1 EDI•lAP,D FRAt.KLIN BLA~
_ r -8ortvwar
EN~ BLACK ~ -eo,rower
St . Luc; a ,Count ss:
STATE OF FLORIDA y -
l ttereb certif that on this da , txfurc ntc, an o0icer dul ~~uu,,~~hh c t foresaid and in the county
a X ~c~wledgemcnty personally appeared ~.EDk'A~ ~~~rF~~~~~ ~)~At'K ard, . , , , . „ . „ .
to me know to be the person(s) described in and who executed the
.
~ t'1<rrd acknowledged bcforc me that he;~ .......executed the satn.: for the purpose therein
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.}~IT~ESt~ ~ and.official.seal in the county and state aforesaid this.. .3rd.. .day of
,
tc sT~tf a aoittaA ~T
fC(= ..J~''' MY COMMISSION EI~IRK JAN. Z6 19i i_
[Saaq ROfrDED Tt*t!G'ENERl1! INS. tJPOERWRITBS Nota Public
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(Space Below This Line Reserved For LEnder and Recorde~ . .
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