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HomeMy WebLinkAbout0315 Y i L prior to entry of a judgmont adocciag this Mortgages if: (a) Borrower pays Lender all sums which would be rhea due under this Mortpge, the Note and notes securing Futuro Advances, if any, had no aooeleration occurred; (b) Borrower curs all broaches of any other oovenanb or agreetnents of Borrower contained in this Mortgage; (c) Borrower pays aq tessonable expenses incurred by Leader in eaforciog the oovenagts and agreements of Borrorer contained in tha Mortgage and in enforcing Lender's rattedia as provided in paragraph 18 hereof. including, but not limited to, reasonable attorneyy fees; and (d) Borrower takes such action as Calder may reasonably requite to assure that the lien of this Mortpge. Lender's interest in the Property and Borrower's obGption to pay the sums secured by this Mortgage shall continue uaimpaited. Upon such paymalt and cure by Botmwec, this Mortgage and the obliptions secured hereby shall ranain in full forces and eQect as if no soixkrotan had oa.~tlrred. 21. Aadp~ent e# Restt~ A~eittgttesit of ReeeWer. As additional security hereunder. Borrower hereby assigns to Calder the tents of the Ptoperiy. provided that Borrower shall. prior to ~ooeleration under paragraph 18 hereof or abandon- ment of the Property, have the right to collect and retain such tents as they become due and payable. Upon aoaleration under paragraph 18 hereof or abandonma~t of the Property, Calder shall be entitled to have a recover 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 vents collected by the r~coover shall be applied first to payment of the coats of management of the Property and collection of rents, including. but not Gmitcd to, receiver's fees, pt+emiums on receiver's bonds and reasonable attorneys fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those renb actually received. 21. Ftitase Aivas><~+s. Upon request by Borrower, Lender. at Lender's option within twenty years from the date of the Mortgage, may make Future Advances to Borrower. Such Future Advances, .with interat thereon, shall be secured by this Mortgage when evidenced by prominory 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' Z2. Reieaae. Upon payment of all sums secured by tha Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coats of recordstan, if any. 23. Attorssey's Fees. As used in thu Mortgage and in the Note. "attorney's fee=" shall include attorney's fees, if soy, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presencx of: J!~l~~.. M Qo?. l • (Seal) . ~ . ~ . . . . . . . . l . . . . . . (,7~i~) Al ice M. Napp ~Of'°'"'r STATE OF FLORIDA, St: ; . LUG I e . . . . . .COUnty ss: • I hereby certify that on this day, before me, an otf'icer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements. personally appeared.. Jeffrey. H.. Napp. and At ice_ M...Napp,..... . .....his. swti.fe to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that Lhe)t ......executed the same for the purpose therein exptt^ssed ~ WITNESS my hand and oil'icial seal in the county and state aforesaid this.......... 6rh ..........day of f .....June ..................19..8D~.. ~ My Commission expires: ~ ~ ~ ~ ~ ~ /.~~~~~~Wt' x;•~' S News tirb~Ic sad. of poida O x~i± ~ : ~ _ at loro~. Mr ~oMi~ion EaP(r~s . March 7, 19a2 .,fit ~ • ` a.~ (Space tlelar This Lines Reserra0 For Lender snd RaoaOer) a ~ ~5~£~ ~n12J(~1J'7~11,j~~d 1930 JUN 16 IIl~ 9~ 58 ~r~~ _ A.Jbd~~:1 j,.~+'r:il~~~.i ~ iii. U`11~~i1-(~ ftt.EB!?ttClECORPEt Sj.LlJCIE CptMT Y. f L A. R06ER POITRAS t ~Z;NI CIRGNT C-~i~ itE0011! l~Elgi'1E tf_. 489'743 ~ 8001(ec.'~ PAGE J15 _ : rt-~.. -:,4