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HomeMy WebLinkAbout2581 ~j t ~ 1 ,~i J a ~ prior io entry 01 a (udgment enforcing this Mortgage it (e), Borrower pays tender all sums whlch wpuki be then due under this Mortgage, the Nona and rrbtes securing Fulurt3 Advances, if any, had no acceleration- occurred; (b) Borrower cures elf breaches of any other covehants or agreements Of BorrowencOntained ih tttis~Mortgage; (ca Borrower pa all reasonable expenses ihCUrred by Lender'lit enforcing thg covenants and agreements of f3brrower contained in'this Mditgayc end in enforcing Lenders remedies as proYlded in pard'grdph t8 het~6f, Mcluding, but noYtlmitedto; reasonable attorneys'fees~ and (d) Borrower takes such action as Lender may reasonably requi'r9 to fissure that the'lieri of this Mortgage, Lefider'&in- terest irtthe Propertyand borrowers obtfgetion to peythe sums secured bythis Mortgage shall continue unlmpalred: Upon such payment grid cure by Borrower, this Mortgage and the obllaations secured hereby shall remain rn full force and effect as N no acceleration had occurred: ~ ~ ~ ' !!t). Atalgnmant oC Rer~; A~polntm~nt o! Mafalwt. AS additional securt(y hereunder, Borrower heret~y.asslgns to Lender the rents of the taroperry, proirided that Botrovver shalt, prior to acceleration under paragraph t 8 hereof or abandon• mart of the t~roperty, have~tfie`right to cohect'a"nd retatn'suCh rents as they become due arid-payable: Upon acceleration under paragraph t8 hereof or abandonment of the Property, Lender shall ue 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 dua All rents collected by the receiver shall be applied first to payment of the costs of management of the Property ~rxi collection of rents, including, but not limited to, receivers fees, premiums on receivers bonds and reasonable attorneys fees. and then to tf~e sums secured by this Mortgage The receiver shall be liable to account only for those rents actually received 21. Future Adwnc~s. Upon request by Borrower. Lender, at Lenders 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 amountof 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 USA NONE--------------- - 22. R~t~as~. Upon payment of all sums secured bythis Mortgage, lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. Attorneys FNS. As used in this Mortgage and in the Note. "attorneys tees" shall include attorneys-fees, if 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'/a'1' //7. ~ ~ ~ (Seaq % MARTIN BRADLEY cCOY _ ~1~~w ~ - (Seaq LORI R. McCgY (Seaq ~ (Seaq STATE OF FLORIDA, Countyss: MARTIN I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowiedgements, personally appeared - I MARTIN BRADLEY McCOY AND LORI P. McCOY. HIS ~IFE 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. a= WITNESS my hand and official sea! in the county and state aforesaid this 3rd day of . - _ LL: Ggrrtmi8~i~`tg~xpires: ;y - t/~ f: : ~ l~stary PublK. State of florida at is ~ Noia Public T' - - ~ sM ldtr 29. 1983 ry ~~l~'. ~raN ra • CaswYy Cewp„~ ~ is (Space Below This Line Reserved for Lender and Recorder] d00K P/CE _ f ~ ~ •A-3098 sn9 ep~~ol~ f~ 'duo' al>}!1'8;~e~~sgb ~ ~ ; ~