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HomeMy WebLinkAbout1040 _ ~ prior t,~ entry ot~ judp~wq{ antor~ing leis Mq?tQago.ik.(~ IiQrr~w: ~pf Raty~ trenc~r Ali s which wouldibe than du@ this Mottya?ge?,the Not~:andn9tes,atec,~uing,F~~ AdvAat~~$.~!;>itty. had ngacce~era~tion oc~4rred;,(b).Bcxrowar cures ; all brsache$ of antaPttlerfavetiattts or,~g~~ ~~ortA~l~ C4~t~@d Hl,~i~ NtortDa9e~ (cl s _ rp.~yt~~iJ ~easgnaDl9 1 i~une~bx.~~4~ iq @tlf0[4f W,1~ 441f1~ t3?9t~~ 4~ ~(Awllr in this MR~Bag@ ~It~ - eMctrcir~ ~Rnda~r's Ssrrtvdiel~as pKovjde¢ iA~ce~ggtph~l$;hRlea•.~o~!a+Q~li•4u~?lwt~4m1 tq, t~~or~ble Atforne)(a1,t~; and (d1.8c?~owpraa~e~sush a~ctiQ(~~:>i<s lRr?dl~ cn9x~~p{y m9tJK~ 1A8~1tf8 ~iltJheay~o of this; MoKg~9~. ~!K~~ rp' te(~sti~theProP~tY~~~~~~~i9at~~r tQPWIu~$l~$~ANad~YthisMQRt~e:s}hAllt',ontiOUeU~rttipa~.Upon such paymenlan~ cuce.by ~t>~tel~ ~IRMart~e,~+4#lh~Qhlpaittjp~~6ecWed hereby s~1t r~maan iRfull falroe~rxi eft ' a~ if t10 ~GCBletatipn h occu ~ ~ . ~ . ~ : Alt i1Mpl,• ~p~1tf~~t A~ial11!~c• Ass~l~ltio~t>;ecunty hereurKier. Borrower pereby assigt>F to Lender tt~ rents ~>t~ ~op9~lli ~ that . ~Il t?ri9r-~ aIQretiorl under~p~~>~Ph.1$ her@c~ta ment Ot the . . hav4 the right to cOlleCf and, refein such rents as thpyr become due >itnd payable. Upon BCCelera ion under paragraph 18 hereof Or abandonment of the Property, Lender shall ae 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, inckxiing those past dtte. All rents collected b'y the rooeiver shall be applietl first to payment of the costs of management of the Property arici collection of rents including, but not limited to, receivers fees, premiums on receiver's bonds and reasonable atlomeys fees, and then to the sums secured by this M ortgage, The receiver shall be liable to account only for those rents actually received. ftt . Future AdMnoes: Upon request by Borrower, Lender, at Lenders optbn within twentyyears from the date of this Mortgage; may makefuture 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 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 USs NONE--------------- ZZ. RSISIM. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Bortower. Borrower shall pay all costs of recordatign, if any. ~3. Atbm~a FMS. As used in this Mortgage and in the Note, "attorneys tees' shall include attorneys tees, if any, whicp may be.awardyd.by an appellaye court - IN WITNESS WHEREOF, Borrower has executed this Mortgage. - aled and delivered - . ' he pr o^ ( , - - - _ ~ ~ (Seal) - ~ NESTOR ALA ~ lsea9 • I3RA L ALA (SeaQ - (SeaA I ~ STATE OF FLORIDA, County ss: MARTIN 1 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 NESTOR R. SALA. A MARRIED MAN AND ISRAEL J. SALA. A SINGLE MAN to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that Borrower executed the same for the purpose therein expresse~;i; t;,, `t ~ ,my hand and official seal iri the county and state aforesaid this 7TH day of _ ri ~ , t 9 BQ .T E ~ ~f'~ ` % = . P~~~` .State of '!~?s(~~„~,,-',. Florida at large Notary Public ~ •i ~rasioo Eapi?es lull, ?9. 1983 ' Y ray :,,4 f~i J»~_ ,y ~~w F = ~{l~ifiil~S:r~-, w~ l G^~ie~ CowO~~~ [f d t - E ~ ' t ~ - (Space Below This Line Reserved for Lender and Recorde0 - ~ X331 p~1440 . A-309 B 6/79