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HomeMy WebLinkAbout0046 • 1 ~ 4. prior to entry of a judgment enforcing tha 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 rw acceleration oxurred; (b) Borrower cures all broaches of any other ooveaants or agroements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable i expenses incurred by Lender in enforcing the oovenagts and agreetneats of Borrower contained in this Mortgage and in ' enforcing Lender's remedies as provided io paragraph 18 hereof, including, but not limited to, reasonable attorney's fea; and (d) Borrower takes such action as Lender may reasonably requiro to assuro that the lien of this Mortgage. Lender's interest in the Propmty and Borrower's obligation to pay the sums secured by this Mortgage shag continue tmimpairod. Upon such paymart and cure by Borrower, this Mortgage and the obligations,secured hereby shall romain in fuU fora and elect as if no acceleration had occurrod. 2t. Asdgtasrsnt of Reatr Appoiatwed of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the vents 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 e+etain such rents as they become due and paysbk. i Upon aoodeatioa under paragraph 18 hereof or abandonment of the Property, bender 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 costs 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. 'Ihe receiver shall be liable to account only for those rears actually received. 21. iittu,~e Atii.a.ees. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this Mortgage, may make Future Advancers to Borrower. Such Future Advances, with interat 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 aooordanoe herowith to protect the ~ security of this Mortgage. exceed the original amount of the' Note plus US4"-" 22. Reieasc. Upon payment of ail sums sxured by thle Mortgage, Leader shall rolease this Mortgage without charge to Borrower. Borrower shall pay all coats of rocordatton. if any. 23. Atooney"s Fos. 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 de4vered in the preserroe of: - i Q:~ ~ _ (Seal) 1 Menendez Ca ro -~~-°Of~°w" f Aso, ~R,a.3~lc~i~~ 1.~?,J.~e? . (Seal) . Al icier de Menendez ~l,~stro ~0f~°~` STATE OF FLORIDA, t . ~IrC.r.Ps ......................COllnty a5: . I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowled ments, rsonall a red...Rafael. Menendez. ~C,astro. and .Al icier .de : 8e Pe Y PPS M~pe~cj~~, ~~,Stt;cl. ,fa j 5. Y~C! f@ to me known to be the person(s) described in and who executed the s ~ foregoing instrument and acknowledged before me that.....tbey.....executed the same for the purpose therein i expressed. I ~ WITNESS my hand and o8icial seal in the county and state aforesaid this....... 3rri .............day of ~ Jutt~ .........................19...80 ~ 6 t y,,, ~ puss: ~j~~r'~ ~ ~ =5~~. "~iMl ~ s? nohry Public - ate. ~ , d - ~ -,1, ~ ~ Plotory tibsC 51st. of Rowe y' ~ *D ~y .t ~ ~ of lorya My Co.~.h~fon Ea'4M t9ez i r . (Spate Blow This LiM Res~n«r For Lender snd R~Wfelt) ~l~ad~~Y~J,3.JiV~~_iL.~.:! ~ i_..;'i/~JJ'~:JiH~ 198 ~lIN 13 A!i ~ 48 F0.E 1~1iQpp1tE~~~GY ~A. : sLp f°WTR~ app( C11tCINt t;OWtT RLCi6RD vERI~'f D__-~~ ~ E ~ _ 4895'7'7 . F ' - 600K~J PAGE 46