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HomeMy WebLinkAbout0817 t - prior to entry of a judgment enforcing this Mortgage it : I Burruwcr pays Lender ell .un?. which would he then due under this Mortgage, the Note and Hates securing Future Ad+:mec+. if ant. had nu accekr.?tiun cxcurn~al: th1 Borrower cures all breaches of an~~ other covenants or agreements of &~rr+~wcr cuntain+vl in this Mortgage; 1 c 1 Borrower pays all reasonable expenses incurred by Lender in enforcing the covenant. and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in paragraph 12: hcrcot, including. but not limited to, rca+onahle attorney's fees; and (d) Borrower takes such action as i.ender n?at• rca.onahly rcyuire to assure that the lien ot• thi+ Mortgage, Lender's interest in the Property and B.~rrower's obligation to pay the sumo .ccurcd by thi+ Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, this 1ortgage and the rhligation~ secured hereby shall remain in full farce and effect as if m. accclcralion had occurred. 20. AcslRnment of Rents; Appointment of Recei.er. A. adrlitional .ecurity hcr~under, ~ Borr~wcr hereby accigns to l.cndcr the rcntc of the Propcrt}•, provided that &~rn•wcr .hall, prior t+~ accclcration under paragraph X13 hcrcof or abandon- ntrnt of the Property, have the right to collect and main such rcntc as they become due and payable. Upon acceleration under paragraph IK hcrcof or abandonment of the Property, t_cnder shall he entitled to have 'a recci~•cr appointed by a court to toter upon, take Ix».c..iun of and manage the Property and to collect the rents of the Property. including those past due. All rents collectcJ by the receiver shall he applied first to payment of the costs of management of the Property and collection of rent.. including, but not limited to. receiver's fees, premiums on receiver a hand, and rcasonahle attorney's fees. and then to the sum. secured by this Mortgage. The receiver shall he liable to account only for those rents actually received. 21. Future Ad+anccs. Upon rcyuc~t by Borr.•wcr. l.endcr. at 1 enders option within twenty years from the date of this Mortgage,~aay~make Future Advances to Burrower. tiuch Future Advance,, with interest thereon, shall be secured by this Mortgage when evidenced by pmmissan• notes stating that +aid notes arc secured hereby. At no time shall the principal rmount of the indebtednesti secured h}• this Mortgace. rrr~t including sums advanced in accordance herewith to protect the security of this Mortgage, c~cccd the original amount ..f the T~otc plus USS.......Ti(png . 22. Release. Upon payment of all sum. sccorcd by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all rnsts of rccont;?tiun. it any. 23. Attorney's Fees. As aced in this Mortgage ;end n? the Notc. "attorney's fees" shall include attorney's fees, if any, which may be awarded by an appellate rnurt. IN WITNESS WttEREUF, Borrower has executed thi. Mortgage. Signed, scaled and delivered_ in the presence of: '~t ' t~. I~INI.ANI>F,R .INSTRI~NT . ``*v~\~ s ,,4 con,1 • . .w• ~ STATE OF FLORIDA . St. LUC3e ''y~~''l tt i~~.•,,, . COUnty SS: - I hereby certify that on this day, before me, an ofiiccr dull authorized in the state aforesaid and in the county aforesaid to take acknowledgcmcnts, personally appcared..K~.31LS .der,. PZ~S1deIIr. taf .I~einlander.Instrimtent Corporation, .a.IVeW. XA~clc .GOYpOT,1t1C11ato me known to be the person(s) described in and who executed the foregoing instrument and acknowledged bciorr nu that ~ s ~ he executed the same for the purpose therein expressed., and on behalf of the Corporation. WITNESS my ban and ofi5cial seal in the lyl,ty and state afi~resaid this.... ................day of ..............19. !f~ My Commission expires: ~ ~ ) .........t! , [Beall Notary Public ~ .r t•, ' i,- ~r, v- . 1, ~ NOTIlRY PtltSLIC, STATr OF FLORIDA AT LAi2G£ MY COMfdISS:ON EXPIRiS SEPT. 6, 1960 ~ EONDEO TNRU GENERAL INS. UNDERWrtRER= - - ~ . (Space Below This Line Reserved For L!'nder and Recorder) 8O0K3~rV ~t;GE Vi,~