HomeMy WebLinkAbout2168 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; (b) Borrower cures
all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays alt reasonable
expenses incurred by Lender in enforcing the oovenagts 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, ressonable attorney S fees; and
(d) Borrower takes such action as Lender may reasonably require to auure that the lien of this Mortgage. Lender's interest
in the Property aad Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as it
rte atxekration had occurred.
20. AadpeseaR of Reob; AMoI>atrae,tt 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 hereo# or abandon-
ment of the Property. have the right to reflect 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 shall be applied first to payment of the sorts of
management of the Property and collection of rents, including,.but not limited to, receiver's foes, premiums on receiver's
bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. 'Ihe receiver shall be liable to account
only for those rents actually received.
21. Ftet~re A~~asc~s. 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 intetticst thereon, shall be secured by this
Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no tune shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in aeoordanoe herewith to protect the
security of this Mortgage, extxed the original amount of the Note plus US=:""""""-"-"""'
22. Rdeaae. Upon payment of all sums secured by this Mortgage, Leader shall relt~se this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Atooney'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 court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the vresence of:
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- - - .~~~t~c. • • (Seal)
Ric rd L . Nage
1 -~•r
.~lc~ ~~cT1~S. 6:re1 ...(seal)
2C r i on A. Nage 1 -8or'O1M'r
STATE OF FLORIDA, St ~.ltcJ ~ .......................County ss: -
I hereby certi[y that on this day,' before mc, an officer duly auttlorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared...Ri.chard. L...Nagea. and .Marion .A, .Nagel, . -
..h i s. wife to me known to be the person(s) described in and who executed the
II foregoing instrument and acknowledged before me that ....they • . • executed the same for the purpose therein
expressed.
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` WITNESS my hand and official seat in the county and state aforesaid this......2gd ................day of
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i f-`s s; Notary ?obNe Stot~ or t'brlde
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. ~ , d l,~. ~ w ~ = Marrh 7, 19a2
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31
` (Spate BNow.This Lines Rtsorwd For Lender and Recorder)
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