HomeMy WebLinkAbout1677 prior to entry ul a lodgment cnlorcinr thu Mungagc il: la1 Harrower pays I ender all scans wh,ch wauW he then due under
Ih,s Mortgage, the Note and notes securing Future /ldvances, it any, had nn pcceleralinn occurred: Ih) Hotrewve? curs
all breaches al any other covenants or agreements ul Borawver a+ntamed in this Mortgage: Icl Harrower pays all reasonshle
expenses incurred by Lender in snlorcing the covenants and agreements al Borrower contained in thin Mortpp and in
enforcing I.e,+dcr's remedies as provided in paragraph IN hereol. including, but nut limited ta. reasonable attarnsy'a lees: and
(d) &+rrawer takes such action as Lender may reasonably reyuirs to assure that the lien al this Mortpp. lwrtder's interest
in the Properly and Borrower's obligation to pay the sums secured by this Munpge shall cantinas unimpaired. Upon such
payment and cure by Borrower, this Mnrtgap and the ahlipUons secured hereby shall remain in ful! laree and attest as if
nu acceleration had occurred.
20. Asaytantsat d RsrtW APplrttmsrtl of Reselvsr. l1s adcl,tionat aecunty hereunckr, Harrower hereby assigns to
I.cnder the rents al the Property. provided that Horn+wer shall, prk,r tc+ acceleration under paragraph IM hereof or abandon•
mcnt o1 the Property, have the ryht to culled and retain such ants as they became due and payahk.
Upon acceleration under paragraph IN hera+f ar abandonment of the Properly, Lander shall he entillsd to bout •
receiver appointed by a court to enter upon, taiee possess,on of and manap tht Property and Io collect Ihs rents of the
Property, including tha?e past due. All rents collected by the receiver shall he applied first to payment o/ tM casts al
management of the Property and callcctian of rents; including: but not lirnited tn, receiver's fees. premiums on teceivsr's
hands and reasanabk auarney'a lees, rind then to the sums secured by this Mortpp. The receiver shall he liable to account
only tar those rents actually received.
21. NYtYfe Advaaxsa. Upon request by Horrowcr. bender, at I.ander's nption within twenty years (ram the date of Chia
Mortgap, may make Future Advances to Horn+wer. Such Future Advances, with interest thereon, shall he secured by Chia
Munpp when evicknced by promissory Hates stating that sail notes are secured hereby. At no time shall the prinr~pal
amaum of the indebtedness secured by this Mortpp, trot including sums advanced in rccordrnr~s herewith Ia protect the
secu?ity at This Mortpp, exceed Ills originAl amount ~+1 the Nnte plus U!SS L6, 40f~.00 . . .
22. ReMass. Upon payment al all sums ssrc,red by this Mortgage, tender shall relerss this Manpp without sharp
to Born+wer. Borrower shall pay All cc»ts nt recardaturn, it any.
23. Attoraey'a Ness. As c,sed in th,s Mortgage and m the Note. "attorney's leei' shall ,ncluda altvrnsy's lees. if any.
which may t+e awarded by an appellate court. -
IN WITNt'ss Wtteaeop, [3arrowcr has cxcrutcd this Mortgage.
Signed, sealed and delivered
irrthe Drcacnccaf: ~ ,
M. Stewart Carruthers
~.~~E~r....,..... ..........................................(Seal)
-~/anrr«
STATP OP FtARtUA . p~4S .................(:ounty ia: .
1 hereby certify that an thin day. bclarc rttc, an officer duly authnrizrd in the state aforesaid and in the county
aforesaid to take aeknawledgcmcnta, personally appeared. , . N•..~~i.~R~'. V~#~FB.., A .91p93~P. AA4... .
to me known u, he the pcraort(s) described in and who executed the
foregoing instrument and acktwwlcdgcd before me that... ~ ........executed the same fv? the purpose therein
~ expressed.
E wess my hand and official scat in the Bounty and state aforesaid thia...~V! .................day d
- 1980
e My Commission cxptra: Gi s9 ~ ~
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Noa-s Puhlie, Sr.ee Florida K T~tg! ~'i• j
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