HomeMy WebLinkAbout0148 '
•
• i t
prior to entry of a judgment enforcing this Mortgage it : 1 a 1 Borrower pays lender all sums which would he then due under
this Mortgage, the Note and notes securing Future Advances, if any-, had no acceleration occurred; tb) Borrower cures
all t+teaches of any other covenants or agreements of Borrower contained in this Mortgage; Ic) Bormwer pays all reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing tender's remedies as provided in paragraph IR hereof, including, but not limited to, reasonable attorney's fees: and
(d) Borrower takes such action as lxnder may reasonably reyuire to assure that the lien of this Mortgage, Lender's interest
in the Property and Borrower'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 as if
no acceterrtion had occurred.
20. Assignment of Rents; Appoiatmeat of Recei~•et. As additional security herctlnder, Borrower hereby assigns to
Lender the rents of the Property, provided that Bormwer shall, prior to acceleration 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.
Upon acceleration under paragraph 18 hereof or abandonment of the Properly, Lender shall be 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
Pa~perty, 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 i
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 rents actually received.
21. Future Ad~•aacea. Upon request by Borrower, tender, at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thtreon, 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 the original amount of the Note plus USS- .4~..000.,0~ .
22. Rekixse. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's [ees, if any.
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered .
in r esence of : • f
- ~ ~ ~ . (SEAL
Victor Bu kas •
.........................(Seal)
_ ~ ~ arie ~Buranskas -~Borrowat _
..tom . ~ 4.:--~.....~~~ ~.(/4~Gf~l .(Seal)
t~
Victor . J. B ranskas ~orro,.a.
STATE OF FLORIDA, PALM .$F~G#I
.................COUnty ss:
I hereby certify that on this day, before mc, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared VIC~Q~ .$i7RAN~~C~S . and. MARIE . &Z1RISNSKAS,
_ _ , _ , ,his _ wife , , , , , , , , , , , , , , , , to me known to be the person(s) described in and who a the
foregoing instrument and acknowledged before me that...~heY......cxecuted the same for the u n ,
p rpose~s~ei
.
expressed.
_
n ~ ~ ~
C~TNESS y hand and official seal in the county and state aforesaid this..... 1. .,,Q.d~,y Qf,-
. 19 8 0 = yr- i._
~ .1
My Commission expires: ~ Y~~~ :t.,~4 ! ~
tsaall Notary t?ubfic
Noteto Fu1.1ic, State of Florida at Latge
l+ty C:~r~:r:-~i.•n fa, ;t:s Apt:: ii. 1933
Ronde.lthroughCurntlius,]ahnson& Clatk,lot.
(Spate Below This Line Reserved For Lender and Recorder)
.STATE OF MICHIGAN
COUNTY OF WAYNE
The foregoing instrument was acknowledged before
me this /3 y~ day of ~ , , 1980 by
VICTOR J. BURANSKAS, a single erson. .
Mkt COmmissi+rfh expires. L ~L~,~Z-ttCt_ ~L,,~,,c, t~
~C Notary Public '
~ ~ ~ MCit3RIA ANN GRANT
, flfi0~q ~i4 ~Yne County Mich.
` ; r waol~ioR Expires Nov. 14, 1993
a-_ i
3z9 Pa~E i4$