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HomeMy WebLinkAbout1585 prior to entry of a judgment enforcing this Mortpge if: (a) Borrower pays Lender all sums which would be then due under this Mortpge, the Note and notes securing Futuro Advances, if any. had to acceleration occurred; (b) Borrower curse all broscha of any other covenants or agreements of Borrower contained iR this Mortpge; (c) Borrower pay: all reasonable expenses incurred by Lender in enforcing the covenanu and agreements of Borrower contained in this Mortpge and in enforcing Lender's remedies ss provided in paragraph 18 hereof. including. but no_ t limited to. reasonabk attorney's toes: and (d) Borrower takes such action as Lender may reasonably require to assuro that flee lien of this Mortpge, Lender's interest in the Property and Borrower's obliption to pay the wms secured by this Monpge shall continue unimpaired. Upon such payment and cure by Borrower, this Mortpge and the obliptiotls secured hereby :hall remain in full force and effect as it no acceleration had occurred. 20. ArigruaeN of RtMi" A~oitMtsieN of Reeeirer. As additional security hereunder. Borrower hereby assigns to Lender the toots of the Property. provided that Borrower shall, prior to sccekration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect and retain such rents ss they become due and payable. Upon accekntion under paragraph 18 hereof or abandonment of the PropeAy. Lender :baU be entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the renp of the Psuperty. including those past due. All rents collected by the receiver shall be applied tint to payment of the costs of management of the Properly and collection of rents, including, but not limited to. receiver's fees, premiums on receiver's bonds and roasonsbk attorney's fees. and then to the sums secured by this Mortpge. The receiver :hall be liable to account only for those rent: actually received. 21. Fsitttre Aivanees. Upon request by Borrower. Lender. at Lender's option within twenty years from the date of the Monpge, may make Future Advances to Borrower. Such Future Advances, with interest thereon. shall be secured by this Mortpge when evidenced by promissory notes stating that said notes are secured hereby. At rte time shall the principal amount of the indebtedness secured by this Mortpge. not including sums advanced in aooordaace herewith to protect the security of this Mortgage, exceed the origins! amount of the Note plus USS4•~•s50A~Q0 22. Releare. Upon payment of all sums secured by this Mortgsge. Lender shall rolease this Moctpge without sharp to Borrower. Borrower shall pay all costs of rocordatan, if any. . 23. Attorsey's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees. if say, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: (Seal) P. Fourn er ~ -aarow.r ,.:C1-~L~~J ~ ~ (seal) -a«row.r Pauline M. Fournier STATE OF FcoauA .......................Countyss: I hereby certify that on this day, before toe, an otfieer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appealed $ . ~~1~. i~ ~AQ~r~. ~QV~~. ',f hi.lat ~tife to me known to be the person(s) described in sad who executed the foregoing insttvmen_t and acknowledged before me that Y .....executed the same for the purpose therein expressed. - . • m and official seal in the county and state aforesaid this... ~ of v My mission expires: 64x3 s~ ~ st ....rn...... i:,.~~.~: J. - - tiv . s ~ - Notarl Public, State of Florida e< Lap . My Commission Expires April 10. 1983 3mrpuatiCornclius.JohnwD6t Clt~dr,~ (Sptet lglow This tint Reserved For Lender wind Recorder) - X335 P,~1578