HomeMy WebLinkAbout0782 c
J
~ 1
prior to entry of a judgttteat enforcing tha Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note sad torte: secwing Future Advances, if any, had ao acceleration ocxuned; (b) Borrower cura
all breaches of any other covenants or agreement: of Borrower contained in this Mortgage; (e) Borrower pays all reasonably
expenses incurred by mender in eaforciag the oovenagts and agreements of Botower contained in this Mortgage and in
enforcing Leader's remedies as provided in paragraph 18 hereof. including, but dot limited to, reasonabk attorney's fen; and
(d) Borrower takes such sctioa ss Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest ~
in the Property sad Borrower's obligation to pay the sums secured by this Mortgage shall continue utumpait+ed. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shag remain in full force sad effect u if
no aceekration had occurred.
2t. Aadptrent of Retrir, A~olrttscnt of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to sccekration under paragraph i 8 hereof or abandon-
runt of the Property. have the right to collect and retain such rents as they become due sad psyabk.
Upon acoderation under paragraph 18 hereof or abandonment of the Property, Leader shag be entitled to have a
receiver appointed by a court to enter upon, take possession of and manage the Property and to rnlkct the rents of the
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 eolkction of rents, including, but sot limited to, receiver's fees, premiums on receiver's
bonds sad reasonabk attorney's fees. and then to the sums secured by this Mortgage. The receiver shall be liable to accottat
only for those rents actually received.
21. Fs~tttre Airanees. 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 interat thereon, shall be secured by this #
Mortgage when evidenced by promissory notes stating that said notes are sceured hereby. At no time shall- the principzl i
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 US3...... ;
22. Rekara Upcta payment of all sums secured by this Mortgagi. Lender shall release this Mortgage without charge
to Bonawer. Borrower shall pay all coats of rcrnrdation. if any.
23. Attosaxy's Rees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if say, ~
which may be awarded by an appellate rnurt. ~
IN WITNESS WHEREOF, Borrower has executed this Mortgage. ~
Signed, sealed and delivered ~ -
in the presence of:
' - l
................................cseal)
~ Har~~rppy Gibson - -s0"~"" '
'....G~.~ . - • . , o~?,rctiai, Wig....... .(Seal) r
`.IZGi~' -~o.row.r
Luisa M. de Gibson
$TATEOFFLORIDA,........S1:~•LNC~B•••-•••••••••••••••..Countyss:
i
I hereby certify that on this day, before me, an oflicer duly authorized in the state aforesaid and in the county !
aforesaid to take acknowledgements, personally appeared...Herry~ •G'tbsotr and -Enisa •M: •de• Gibson--
hi.s .wife to me known to be the person(s) descnbed in and who executed the '
foregoing instrument and acknowledged before me that....the~/ • • • • -executed the same for the purpose therein
expressed.
i
i
WITNESS my hand and official seal in the county and state aforesaid this..... d Sth • • • • . • . • -.....day of
........MarcJ~ ...................19..$p...
My Commission expires: / -
- +
_ - ~ . - ~ _ 1~Y3
(Spste tiebw TAis LiM Reserved For Lendlt sad Recorder)
t980 APR 1 11W 11~ 56 r
-
/t.ER!(C l~etlltT
RtaiM VERtFIE
i
l
• ~ BOac ~ PaGf