HomeMy WebLinkAbout0340 prior to entry of a judgment enforcing this Mortgage if : t a) Borrower pays lender all sun» which would he then due under
this Mortgage, the Note and noR~s securing Future Advances, it any, had no acceleration occurred; 1h) Borrower cures
all breache. of any other covenants or agreements of Borrower contained in this Mortgage; Ic) Borrov+•er p:+ys all reasonable
expemes i++curred h}• Lender in enforcing the covenants and agreements at Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable aliarney's fees; and
Id) Burrower 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 Mortgage shall cominue unimpaired. Upon such
payment and cure h}• Borrower, this Mortgage and the obligations secured hereb}• shall remain in full farce and effect as it
no acceleration had occurred.
20. Assignment of Renls; Appointment of Receis•er. As additional security hereunder. Borrower hereby assigns to
l.cnder the rents of the Property, pmvided that Borrower shall, prior to acceleration under paragraph 1 R 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 Property, lender shall he 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
Pnuperty, including thane past due. All rents collected by the receiver shall he 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 an receiver's
hands and reasonable attorne}'s fees, and then to the sums secured h}• this Mortgage. The receiver shall he liable to account
only for these rents actually received. "
21. Future Advances. Upon request b}• 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 he 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 • . - • 37 a~QQ•.QO. • - -
22. Release. Upon payment of all sums secured b}• this Mortgage, lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation, it any.
23. Attorney'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 an appellate coup.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
...mow. Ptiii~ ~ ' ~ -eo..ow.r
~~~':`~Cl~~~ . . f (seal)
~Ariita M.~ Ptities?' --Bo..ow..
STATE OF FLORIDA . .............P~M ~~;................County ss:
I hereby certify that on this day, before mr, an aflicer dul~• authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared ..I~RD Ws . PULIF~i •M+
j ...17?-;; . to me known to be the person(s) described in and w p~tectttttd~.=,.
"
foregoing instrument and acknowledged before me that..~Y........executed the same for the ' a1~et
~ expressed. ~ I"
t7NESS tip}' hand and ofTicial seal in the county and state aforesaid this.. - ..!ad;y of
~ ~C,~~.~ . 19.80. ~ ~ "
~ My Commission cxptres: . • . • • - - - . - . • - ~l : .
[Seal] Notary Public ,
N: tarF i'::I•:ic, c.3: c rin: i at ~ ~rre
;.;q Ccru:u~::,.:: i.`-~'.t:s ~i;~ti! i_'. 19$3
Bon.!e.irl:roc~ Corneliui,J~:ason.Sc Clark,Ina
(Space Below This Line Reserved For LerMer and Recorder) ,
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