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HomeMy WebLinkAbout1285 . ! 1• prior to curry of a judgment enforcing this Mortgage if: (a) Borrower pay: Lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances. if any. had no aoakration occurred: (b) Borrower cura all braches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower gays all rc:souabk expenses incurred by Lender in enforcing the covenagb and agreements of Borrower contaited is thk Mortgage and in enforcing Lender's remedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's fees; and (d) Borrowrer takes such action a: Fender may reasonably require to assure that the lien of this Mortggge, Lender's iaterat in the Property and Borrowers obligation to pay the sums secured by thi: Mortgage shall ocarinas unimpaired. Upon such payment and cure by Borrower, this Mortgage sad the obligatiotts secured hereby shag remain in full force and eQect as if tw acceleration had ooctarod: - 2A. Aadpotent at ~Rertlr A~oiatnent of Reeelver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property. provided that Borrower shall. prior to aecekration unckr parsgraph 18 hereof or abandon- ment of the Property. have the right to collect sad retain such vent: a: they become due and payable. Upon accekration under paragraph 18 hereof or abandonment of the Property. Lender shag be entitled to have a receiver appointed by Y ~•ourt to enter uRop, take possession of and manage the Property and to collect the rents of the Property, including those..past due. All neat: collected by the receiver shall be applied first to payment of the costs of management of the Property sad collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasoaabk attorney's fees, and ttren to the sums secured by this Mortgage. The rooeiver :ball be liabk to account only for those roots actually received. 21. F¦tare Aivaraces. 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 promasory notes stating that said notes are secured t,ereby. At no time shall the principal amount of the indebtedness secured by this Mortgage. not including sums advanced in aeoordanoe herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USt . 22. Release. Upon payment of all sums secured by this Mortgage, Leader shall release this Mortgage without charge to Borrower. Borrower strap pay all coats of recordation. if say. 23. Aitor•ey's Fees. As uscd in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees. if say, which may be awarded by an appellate court. IN WITNF..SS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in t oce of: - ............1~. .r. ./a~..... ~ Jowl E. >•ioward-e ~ Barbara ~A. Howard -eo.~... $TATti OF FLORIDA . Sts . ...............COUnty 55: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take ackn_ owledgements, personally appeared...JOi~1'L E..HOward .and.Barba~a.A.. H~Ot~d,. . hLS .wife . . . to the known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that...they.......executed the same for the purpose therein expressed. . WITNESS my hand and official seal in the county and state aforesaid this.........18tb..........day of f J~rte.............., 19.80.... My Co,~n expues: - . ._t: ~ _ a f ~ • • 7 ~ NOTARV oUBItC. STATE Qf 1•IOR:DA A! tARSE ~ C . O' ~ ~ Mw COMM1SSIpN E7(P.RES JAN. 11 t9pi2 r0 ~ D ` ~ = BONDED TM11U GfNEppl INSURE 111~OEP'hR!lERS ~ 1 tSPaoa Barnes TAis Line Reserved For lsndar and RaoordaO . R 3 f MP t`1CE C° uRA j C~1tCPG° •t1~LO~,Syf,E P ~pv3 45p ~ ~ . ~ .8 ~ 1~ 39 2~ 17~RCE, f~°R 190 FORS ~ f S . 4y2031 • - ~ • ~ X334 P~~~82 _ - _z