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HomeMy WebLinkAbout2775 ~ - , . ' 3t .~..~aj , 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 sxuring ~ Future Advances, if any, had no acceleration otxurred; (b) Borrower curs all breubes of any other eovenaua or agreements o[ Borrower contained in this Mortgage; (c) Borrower pays all reasonable expenses incurred by I.endCr in enforcing the oovenagta and agreemenb of Borrower contained in this Mortgage and in ~ enforcing f~ender~s. r+arnedia as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's fees; and (d) Borrower take web action as Redder may reasonably require to assure that the lien of thu Mortgage, Lenders interest in the Property and Borroww'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 full force and effect ss if no acceleration had occurred. Z1. AaetgrweM of Rehr Appoi'traeat of Receiver. As additional security hereunder. Borrower hereby assigns to Lender the rrnta of tfre Property, provided that Borrower shall. prior to acceleration under paragraph 18 hereof or abandoa- i ment of the Property. have the right to collect and retain such rents ss they become due and payable. e 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 rnllect the rents of the t 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 collation of rents, including, but not limited to, receiver's fees, 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 t+ertts actually received. 21. I~tn+e Ahastces. Upon request by Borrower, Lender. at Lender's option within twenty yeses from the date of this Mortgage, may make Future Advances to Borrower. S1uh Future Advances, with interest thereon. shall be securod-by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At rw time shall the principal amount of the indebtedness secured by this Mortgage, riot including sums advanced in aocordarroe herewith to protect the security of this Mortgage. exceed the original amount of the Note plus USS../~/~/.///,/.~!//~/.////,/.~f/,/ Y1. Rdea~e. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coats of recordation. if any. 23. Attorseyy Fees. As used in this Mortgage and in lire Note, "attorney's fees" shall include attorney's 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 Dresenoe of: . . (seal) l }~'Gar'larld A.~sWl;t~elan -eo~o.»~ . L~~X:I,x.TJ: ~ ~U....... L~~ .7" QJSr.Pi! /C : (Seal) Mlar~ret R. ~ Whelan --eo.~ow.? STATE OF FLORIDA . ............St.. 7~uCie..................COttrtty 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 Gd~1di1C1. A, ~'.ldri .and. Martlaret. R....... . .....~7rd11..117.5. ~6 to me known to be the person(s) described in .and who executed the foregoing instrument and acknowledged before me that... t'bey......executed the same for the purpose therein expressed. WtTrtESS my hand and of6ciai seal in the county and state aforesaid this........1.9111-...........day of .............March ...:.........,19. RQ... My Commission expires: / ' i > - w - (Spice 8tlow This Lint Restrved For Lender tnd Rtcordeq L l ~5~£ ~~~~e,~ 7~~,,~~,a ~ ~(ir:-, _ 42133 . 19~ APR -8 AN ~ 4 3 - - . - ~~l~IOUCAtC'R~f TY./ IIK Ctl NlT RfitNt* V[RIFED