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HomeMy WebLinkAbout2841 ?C' ) ~ y ^ ~Z~ ' prior to entry of a judgrneat enforcing this.Mortpge if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes securing Ftlturo Advancers, if any, h:d no acceleration occurred; (b) Borrower cura all breaches of any other covenant: or agrdernertts of Borrower contained is this Mortgage; (c) Borrower pays all naaoaabie expense: incurred by Lender in enforcing the covenagts and agteemeab of Borrower contained is this Mortpge and is enforcing Leader's rattedies a provided in paragraph l8 hereof, including, but not limited to, reasonable attorney's fed; and (d) Borrower takes such action as Fender may reasonably require to aswrr that the lien of this Mortgage, Lender's iaterat in the Property. and Borrower's obligation to pray the sums secured by thh Mortpge shaq continue unimpaired. Upon such i payment.and cure by Borrower, this Mortpp sad the obliptions secured hereby :hdl remain in fuA force and eBect as if no aocekration had occurred. M Assi~ a< R~q A~datmeet of Recover. As additional security hereunder, Borrower hereby assigr~ to Lenore the ratts of the Property. provided that Borrower shall. prior to aocekration under paragraph 18 hereof or abandon- ment of the Property, have the right to collect and retain such rents as they become due and payable. ~ i Upon aceekration under paragaph t8 hereof or abzndonment of the Property, Lender shall be entitled to have a receiver appointed by a court to enter upon, take possession of and manager the Property and to collect the yenta of the Property, including. those past due. All rents collected by the receiver shall be applied first to payment of the coats of management of the Property and collection of rents, including, but not limited to. ncxiver's fees, premiums. on receiver's bonds and reasonable attorney's fees. and then to the sums sceured by this Mortgage. The receiver shalt be liable to account only for those Hats actually received. - 21. IKtrtme AavaK~ar. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this Mortgage, may make Future Advaned to Borrower. Such Future Advances, with interest thereon, shalt be secured by the Mortpge when evideaoed by promissory notes stating that said notes are secured hereby. At no time shall the principal - f amount of the iadebtedaess secured by this Mortpge, not inctuding sums advaaoed in aooordaace herewith to protect the i security of this Mortgage, exceed the original amount of the Note plus USt.... ----rr..------rr..: r-.. ; 22. Relare. 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 say. 23. Atlor~ey"s Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees. if any. which may be awarded by as appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. - Signed, sealed and delivered in the Dtesence of: ~i(/ ~-J~~ vC ~ e ~~/.~4.,r /J~'t. :.....................(seal) ' ~ Wa a J~~chr ~ ~er . t.~e,!Clil! . . s~ (Seal) - Barbara L. Schrader STATE OF FLORIDA, S t.. l.UC l@ ..County 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.. Idayoe. J". .Schcader..and. Barlaara .L.. Schrader, ...his. i"ti.~e 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: . WITNESS my hand and ofliciat seal in the county and state aforesaid this........ 2JSt ...........day of ' ..........March 19...$0 My Commission exprres: L~~~~~~ _ :Y ~ ~ , ~ . - Plstery t~bae SMN of rloet~. a : at larger My Co~~ion EspirM ~ ~ ~ ' 3 t Mardi 7, 19ti2 f r J ',t 1 ~ II • 1~ • • ~ ~ ! 1 a- . - tSpap eatow This Liner Rasa~va0 for Lender ar~d Raooroe~' ; , r. ~ - 't r ~ " ~ -1988 APR -8 AN 4~ F ;~„~p _1110 RE 41tW:0 LiJCIE C~A1~ . f `A, - f~OOEA ~wT~AS ~p(0NO011tT t38tl1lT - RlM~ 11ERIfiEO g~~ P11b~~A`tV