HomeMy WebLinkAbout0298 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; (h) Borrower cures
all breaches of any other rnvenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and
(d) Borrower takes such action as Lender may reasonably require 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 Mortgagr shat! continue unimpaired. Upon such -
payment and cure by Borrower, Ibis Mortgage and the obligations secured hereby shall remain in full force and effect as if
no acceleration had ocewred.
20. Assi~ameat of Reels; Appolattaeot of Receiver. As additional security hereunder, Borrower hereby assigns to
Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property, have the right to rnllect 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 collect the rents of the
Property, including those past due. All rents collected by the receiver shat! be applied first to payment of the costs of
management of the Property and rnllection of rents, including, but not limited to, receiver's fees; premiums on receiver's
bonds and reasonabk attorney's foes, 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~auccs, 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 promissory notes stating that said notes arc 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........ -A-
22. Rtdease. Upon payment of all sums secured by this Mortgage, Lender shall rckase this Mortgage without charge
to Borrower. Borrower shag pay all costs of recordation. if any.
23. Attorney's Fees. As ussd in this Mortgage and in the 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 delivered
in the prase f:
_ ~ - caw--
~ / HU L . T SO -earner
PATRICIA A. THONIPSON -eorro••.r
STATE OF FCOR[DA,.....~x~. I~.~Cle .........................COIIn[y 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....... tllt9h 7hA!?Ii2SO0. anti. .
....Patri~i.d .19~, . ThwrW.~on, .h)S. Jel7.fgto me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that thBy...... executed the same for the purpose therein
expressed. ~ - _
9th
W[TN~~ss rpy hand and official seal in the$Qunty and state aforesaid this.. ,da~'of ,
My Commission captres: t ~ , ,lr. r~r~M1: i-__
1 ~ ~f
[Seat] Notary Public . ' ~ !-s ~
Notary Public, State of Florida at large - 7.j; t~~:~`'
My Commission 6tpires Juno 21, 1983
(Space Below This line Reserved For lerWer and Recorder)
x i - -
i
~3cU ~~t -9 ~ 2 3T
- F'tt.tQ~Itk~E hi:0lulf'B
S ROGER PcgTRA3~
' . 6LE1lti CtRCtIR COUIt
=.Etitttt \'ER!F~R
42442
f;lt
BUOK cJ~, J f'4GE