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HomeMy WebLinkAbout2623 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 any,, had. no acceleration occurred; (b) Borrower cures all breaches of any other covenagts~br agreements of Bortower contained in this Mortgage; (c) Borrower pays all reasonable expenses incurred by Lender i6'~t~d[orcing the covenants and agreements of Borjtawer contained in this Mortgage and in enforcing Lender's remedies as provided ~n paragraph 18 hereof: including, but not limited to, reasonable attorney's fees: and (d) Borrower takes such action as Lender 0iay reasonably require to assure that the lien of this Mortgage, Lender's interest in the Property and Borrowers obljg tioll pay the sums secured by this. Mortgage shall continue unimpaired. Upon such payment and urc by Borrower, tllp~0lt~ge and the obligations secured hereby shall remain in full force and effect as if ao acceleration had occurred.__ 77 T0. Asa~amest of Rests; Appoiatb~nt of Receiver. As additional security hereunder. Borrower hereby assigns to Lender the rcr.:s of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Property. have the right to cc+Nect and retain .such rents as they become due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a court to enter upon. take possession of and manage the Property and to rnUect 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, receiver's fees, premiums on receiver's ~ bonds and reasonable attorney's foes, and then to the sums secured by this Mortgage. The receiver shat! be liable to account _ ~ only [or those rents actually received. 21. Fntnre Advances. Upon request by Borrower, Lender, at 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 promisaotlrs~otes stating that said -notes are secured hereby. At no time shall the principal amount of the indebtedness secured by thLt~ Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS. 35?,600..00 22. Releaese. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordatan, it say. 23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's foes, if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Si sealed and delivered i the D nee of Robert N . Hebe 1, J r . ~ ~ --eoRO~we? Betty J H ~ el, his-wife -K i f i STATE OF FLORIDA, 4~! an. Ri.v.~r .........................:COllnty ss: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county a~er~sajd t~~ SkWp~enowledgements, personally appeared...Robert. N ; .Nebel,, Jr ; ,Opp, J3,et;tX • • • . ' . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that..they........executed the same for the purpose therein expressed. ~ ......da of ~ WITNESS my hand and official sea! in the county and state aforesaid this....... 28Ch...... y ~ March............,19 ~ My Comnisrion Erc.res larsusry ?9. IS?~ My.~ommission expires: - j Qsr =r . ~ .~l~.i`~. . .,,-%~..~s~ t'iobry Public ~ . ~ ~ . •'L (Space Below This Line Reserved For Ler.3er and Recorder) j 4~32Q28 8 g f~ y tlltii(t'lL:tsll~ - i ~S~~UC .1'tll3t~ ~ :Y .fl... s ;tiS,~Rtt.CRttl1+B RL'IY.n ~ J~CLMM 11~ItIF14.~._._.-----~ t t t aT~is ~seo~ aansQa.zs :os PRIns~x 3SKS'Id ~ p /~jj I 1 IIQ~~ IRVt: ~ G //i,~