Loading...
HomeMy WebLinkAbout0663 - _ _ prior to entry of a judgment enforcing this Mortgage N: (a) Borrower pays Lender elf sums which would be then due under . this Mortgage, the Note and notes securing Future Advances, if any,-tied no acceleration occurred; (b) Borrower cures all breaches of any other covenants Or agreements of Borrower contained in this Mortgage; (ca Bortbwer pays all reasonable y ~ d g~eementfl ot8orrower contained in this ortgage and iri vii i~aet$ 11~%iiilen~~t3 Z.eriue3i ,ii vi„v,~.u~ uro ~.v~o~~8iiw ni, o , enforcing lenders remedies as proYided in paraq~apn 18 he?eoi, includir?~; but-not limited to, re~sonabte attorneys,fees; arxf (d) Borrower takes such action ag`Lender may reasonably require to assure that tht3 lien at this Mortflage, Lenders in- terest inthe Property and Borrowers~obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such peyrrtent 8n0 cure by Borrower, this Mortgage and the obligations secured hereb~r shat! remain in cull force and effect as H no atceleration fiad occurred.- , QO. - ~AsslanrrNnt of Rents; AppolMmeM of R~Iwt. As additional security Hereunder, Borrower hereby assigng to Lender the rents of the Property, prtvided that Borrower shall, priorto ac~eleratio!t under paragraph f 8 hereof or abandon- ment of the Property, have the right to collect and retain such rents as-they become due and payable' Upon acceleration under paragraph 18 hereof Or abandonment of the Property, tender shat! to entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents 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 and collection of rents. including; but not limited to, receivers fees, premiums on receivers bonds and reasonable attorneys tees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. - 21. Futirr• Advance. Upon request by Borrower, Lender, at Lenders option within twenty years f rom 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 accordance herewith to protect the security of this Mortgage, exceed *.he original amount of the Note plus USS NONE--------------- - Z2. RelNSe. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgagewithout charge to Borrower. Boirower shall pay all costs of recordation, it any. 23. Attornyyrs FNS. As used in this Mortgage and in the Note, "attorneys tees" shall include attorneys tees, it 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•. t'~n~O (Seaq OHN F' : SRHOLEC ~ae/1/f.~, / (Seaq LOR RHOLEC (Seaq ~I (~aq I I STATE OF FLORIDA, County ss: iwAFtT I N I hereby certify that on this day, before me, an officer duly authorized in the state atoresa~d and in the county ~ aforesaid to take acknowledgements, personally appeared - _ ~ I ,JOHN P. SRHOLEC AND FLORA SRHOLEC, HIS WIFE . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that Borrower executed the same for the purpose therein expressed. WITNESS my hand and official seal in the county and state aforesaid this 18th day of March , t 9 80 - My,EO ,expires: Notary P tic s y~ ~ /9-~/ _ << r Yr~ t .i- 4 (Space Below This Line Reserved for Lender and Recorder? i ' ~pa ~ PAGE WJ ~ A-3098 6/79