HomeMy WebLinkAbout1050 • ,
f
. '
prior t0 entry of a judgment eniotcing this Mortgage It: (a) ~8ortower pays Lender all sums which would be then due and@r
this Mortgage; the Note ar>ad notes securing Future Advances, if anx'had no acceleretiori occurred; (b) Borrower cures
a116reaches of anyothercovenants Ot agreements of Bo?rowercontained in this Mortgags', (r) borrower pays all reasonable
expenses inCUrted by Lender In~enlorcing the covenants and agreements of Borrower contained in this Mortgage and in
enfotcing LendeYsTeri~ecliAs as provided in paragraph / 8 hereof; Mctuding, but'nof limited td, reasonable aftorneys fees;
and (d) 9orrOr`irertakessucn action as lender may reasonably require to assure that the lien of this Mortgage; Lenders in-
terest intheProperly and Bortawers otitigatk~n to paythe sums securedbythis Mortgage shall continue unimpaired. Upon
such payment and Cure by Bortower, this Mortgage and the obegations secured hereby.shall remain irrtUll force and effect
as tt no accelgration had dtrcurred.~
g0. ANtRn~MotRenb;AppOlntmMtofR~lw~. As additionalsecuriryhereunder,6orrowerherebyassigns
to Lenderthe rents of t?te Propbrty, prdvided that Borrower shall, prior to acceleration under paragraph t 8 hereof or abandon-
ment of fhb Property; have the ht"to Cotl~ct and retain such rents as they become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall ue 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 shall be applied first to payment of the costs of
management of the Property and collection of rents. including. but not limited to, receivers tees, premiums on receivers
bonds and reasonable attorneys tees, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rents actually received ~ 3
Zt . Future Advances. Upon requestby Borrower, Lender. at Lenders option within twenryyears 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 are secured hereby. At no time shall the principal
amountof 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 NONE---------"-----
2Z. RsINN. ,Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Bortower shall pay all costs of recordation, it any.
28. Attomsys FNS. As used in this Mortgage and in the Note. "attorneys fees" shall include attorneys fees, ii any,
which may be awarded by an appellate court
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
( (ia ~ ~ ~ :~r~~~ E . M RR I S (Seaq
/ ,
1 . ~.,,C~` ~ , ``j L y •
(Seal)
RLA J. MORRIS
(Seaq
(Seaq
STATE OF FLORIDA, f~q~,~ County 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
I
JOHN E. MORRIS AND CARLA J. MORRIS, HIS WIFE
!o me known to be the person( described in and who executed the
foregoing instrument and acknowledged before me that borrower executed the same for the purpose therein
expressed.
WITNESS my hand and official seal in the county and state aforesaid this ~ day of
March ~ 9 80
~i 3x
att.-y•~ . ~ ~ .
• t+A ,~~iop expires:
~~,r~~, ~ I ~ ' Notary Pu li !
`,'~a* : ~'~1 ~PX)7ARV ?;/j[~: • . - i : ~C~' s: t~•KC;t
ti ~ ~~~la tit?:'" !KJ'.1!'i a~ _ _
(Space Below This Line Reserved for Lender and Recorder)
ep~~o~
j f4 'duo, a~~d-~'~ ~.~e~~
t -~l ~ .
. ~
. A-3.098 6/79 $130f LJ~V