HomeMy WebLinkAbout0901 prior to carry of a judprtent eafotcing this Mortgage if: (a) Borrower pay: Lender all sums which would be then due under
the Mortp~ge, the Note and notes securing Future Advances. if any, had ao :ccekration occurred; tb) Botrogver curs
all breaches of any other covenants or agroerrtents of Borrower contained in this Mortgage: (c) Bornower pays all reasonable
ezpetua incurred by Fender in esaforcing the oovenagta and agreements of Borrower contained in this Mortgage and in
enfprcing Lender's nrrtedia as provided in paragraph 18 heresot. including, but trot limited to, reaaaabk attorttey"s foes: and
(d) Borrower take such action ss Larder may reasonably require to assure that the lien of this Mortgage, Lender's iaterat
in the Property and Bort+ower's obligation to pay the sums secured by the Mortgage shall continue uaimpait~ed. Upon such
payment and cute by Borrower. this Mortgage and the obligations secured hereby shall remain in full force and edfesd ss if
no acceleration had occurred.
20. Assi~ttestseM ett Reab; A~oi~N err Receiver. As additional security hereunder. Borrower hereby assigns to
Lestder the rents of the Property. Provided that Borrower shall. prior to aotxkration under paragraph 18 hereof or abandon-
ment of the Property. have the right to collect and retain such rent: ae they become due and payable.
Upon aooderation under paragraph 18 hereof or abandonment of the Property, Lender shag be entitled to have a
receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the Hots of the
Property, including thane past due. All rents collected by the receiver shall be applied first to payment of the costa of
management of the Property and collection of rents. including, but not limited to. receiver's fees, premiums on receiver's
bonds and reasonable attorney's fees, and then to the sums sceured by the Mortpge. The receiver shall be liable to account
only for those rents achWly received.
Zl. IF'eets~e Aivaoceis. Upon request by Borrower. Lender, at Lender's option within twenty years from the date of thk
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•notex are secu~d hereby. At no time shall the principal
amount of the indebteZdoe~ss secured by this Mortgage, not including sums advanced in accordance herewith to protect the
security of this Mortgages, exceed the original amount of the Note plus USS.....
22. ReBare. Upctia payment of all sums secured by this Mortgage. Lender shall release this~Mortgage without charge
to Borrower. Borrower shall pay all coats of recordation, if any.
13. Attesrtre~'s Fees. As usod 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 presence of:
• (Seal)
navan_ D. Carr
..........................................(seal)
STATE OF FLORIDA . ~t:..I.UCI ~ .................COWIty 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...Donavart .D.. Carr:, .ao. urunart: fed. mart .
to tree known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that..... be.......executed the same for the purpose therein
expressed. -
i
WITNESS my hand and official seal in the county and state aforesaid this..........24th..........day of
My Coqugitsion eaptres: L~i~?1~~~. .
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(Spate ONow This lifN Resnrvrd For tettdlr and Recorder)
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