HomeMy WebLinkAbout2602 prior to eatry of a judgment taforcing this Mortgage if: (a) Botrawer pays Lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances. if any, had ao aooekration occurred; (b) Borrower cure
all breaclta of any other covenants or agreemtttts of Borrower contained in this Mortgage: (c) Borrower pays all reasonable
expenses incurred by Leader is eatortting the coveaagt: and agroetttenq of Borrower contained is this Mortgage and is
enforcing Leader's retttedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's Ices: and ~
(d) Bortower takes such action as Leader may reasonably requiro to auure that the lien of this Mortgage, Leader's interest
in the Property gad Borlower^t obligation to pay the sua>::ecured by this Mortgage :hall continue unimpaired. Upon such j
payment gad cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force gad effect as if
no aecekratioa had occurred.
2t. Aadgttu~est o[ Rett~ AppoLitaeat of Reeelver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to aoakration under paragraph 18 hereof or abandon-
meot of the Property, have the right to colket and retain such rent: ss tbey become due and payable.
Upon acceleration 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 gad to rnllect the rents of the
Property, including those peat due. All rents collected by the receiver shall be applied first to payment of the costs of
man:gemeat of the Property and collection of rents, including, but not limited to. receiver's tees, premiums on receiver's
bonds gad re>•soaabk attorney's fees, and then to the sums secured by this Mortgage. 71te receiver shall be liable to account
only for those rents actually received.
21. Ftiqure Atlt?a~ces. 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 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, exooed the original amount of the Note plus USS.
22. Rtdeaee. Upon payment of all sums secured by this 14iortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU costs of recordation, if any.
23. Attotntey's Fees. As used in this Mortgage and in the Note. "attorney's fee" shall include attorney's fees, if any,
which may be awarded by as appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presentx of: ~ - -
(Seal)
. • i0 • • Z-Nle83~ -Borrow..
` ,
~.....k:4r,~GK.. `7t~~~G~ ............(seal)
Yolanda ~orroirer
STATE OF FLORIDA . ti~r ~ . i+14~.~+ COUItty SS:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the cottnty
aforesaid to take acknowledgements, personally appeared St~~R .LOpe2ti~S~?. dAd XQlditdcl .
IJgpe2-MErScZ~ .hfS. w~,~e to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that tx1E~ ......executed the same for the purpose therein
expressed. ~
WITNESS my hand and official seal in the county and state aforesaid thiS............2].S~ .......day of
C ............r~a~r .................19.so....
My Cotnmiuion expues: ` ~ • /~~~~y_ • ~ .
f ,,~~~~r~ ; ~ . 'Kill'/[ .
~ O ~ d '•J~a4 Natary Public
f _ Q,;- - ~ btotory tebtk stet. of florido
I ~ of Lorgo. Mr Co~w6rion t:~cPka
! ~ ~ ~ : ~ % 61orcA 7, 1982
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