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HomeMy WebLinkAbout2098 f i ~ prior to entry of a judgment enforcing eels 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 oot?enants or agreement: of Borrower contained in this Mortgage; (c) Borrower pays all reasonable expenses Incurred by I.eadei In enfor+Cing the covenant: and agreements Of Borrower contained In this Mortgage and in enforcing Lenderh remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney`s fees; and (d) Borrower takes such action a: Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest in the Property and Borrower': obligation to pay the sums secured by this Mortgage :toll continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if no aocekntion had occurred. 20. Aadpsaeslt of ResitR Appoiatseat 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 hereof,or abandon- ment of the Property. have the right to collect and retain such rents a: 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 eater 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 Srst 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 secured by this Mortgage. 'I11e receiver shall be liable to aeoount only for those rents actually received. 21. Ftitore Advasees. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this Mortgage, may make Future Advances to Borrower. Stich Future Advances, with interest thereon, shall be secured by tltis Mortgage when evidenood by promissory notes stating that said notes arc secured hereby. At no time shall the principal amount of the indebtedness securai by this Mortgage, not including sums advano~d in aooordanoe herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS • ..n . d . Z2. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this~Mortgage without charge to Borrower. Borrower shall pay aU coats of recordation. if any. 23. Attorney's Faa. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees, if any, which may be awarded by an appellate court. IN WCINESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered ~ - in the presence - _ _ - - J (Seal) y. ) Barbara A. Jo son STATE OF FLORIDA,..... ~ ..M~C~-IS-tLr' :...............COWIty SS: I hereby certify that on this day, before me, an officer y auttwrized ' the state aforesai rn the county ~ afo 'd to a acknowledgements, personally appeared.~Qi'J~:'R-f~~ ..~I( ~th.SLlh .~.E?4?:Q... . ~ 1¢ . ,~I:» .V.4:. l.~ Q.!'.~ to me kno to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that. JPr. ..executed the same for the purpose therein expressed. WITH y a d and oflicia! seal in th~j unty and state aforesaid this...~Q.~~ ..........day of •d. ~ . . j • .............,19 c r r- t - ...i - `~O.nalrpBttCSTAIEdiRORl011AT1f#rGt NohryPub+ic........•.....• ~ ~ . - rte COAAMt3610i~ BBE. Q MM : tiOr~Lp tirl ~tML tts. ~tl>~~1tl5 ~tl, = . _ :Sf Q • • ~ ~ ~ i (Space BNow This LiM Ruervsd Fo? L.endsr and RKUdsh 'z' a i fllgt Just aE~~CiiNtrtt 5 M.~~ QiffiR tit f K sf l:8tt1 R7ttt'tfD 488942 f r J i . Bt~(JJ~ PAGE :x '„t_a - _ w°, a * i