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HomeMy WebLinkAbout2355 prior to entry of a judgateat enforcing this Morrgage if: (a) Borrower pays Leader all sums which would be then due under this Mortgage, the Note and notes securing Future Advances. it say. had ao scoekatioa occurred: (b) Borrower cures all breaches of any other eovettants or agreemeaq of Borrower coataitted is this Mortgage; (c) Borrower pays all reasonable eXpeases incurred by Leader in enforcing the covenants sad agreements of Borrower contained in this Mortgage and is enforcing Lender's rerttedie: as provided is paragraph 18 hereof, including, but not limited to. reasonable attorney's fees: and (d) Borrower takes such action as Leader may reasonably require to a:wre that the lien of this Mortgage. Leader's interest in the Property sad Borrowerb obligation to pay thesums secured by this Mortgage shall continue uaimpaired. Upon such payment and cure by Borrower. this Mortgage and the obligations secured hereby shall remain in full force and efkct as if ao accelentioa had occurred, . 21. AadpreN o[ ReNq A~olataaerrf of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rents 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 retain such rents at they become due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender 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 rent: 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 :kceiver's bonds and reasonable attorney's tees. and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. - 21. Futrrn Advance. 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 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 aocordanoe herewith to protect the xcurity of this Mortgage, exceed the original amount of the Note plus USS 22. Release. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation. if any. 23. Attorsep'a Fees. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees. if any, which may be awarded by as appellate court. IN WITNESS WHEREOF, 13orrowe[ bas CXe:cutexl this Mortgage. . Signed, and delivered in the tree of • ~ ~ - i ~ r Q ~ ..rtC~ ~ [ ~ < (Seal) JEfIlETTE V. COLLETT, IBl llfitlFgtRIED W01#~M~OM/f • (Seal) -aaro~wrr - STATE OF FLORIDA, C.o1lltty SS: I hereby certify that on this day, before me, an officxr duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared JE~TTE V. COLLETT. fW I~RIEO WOlIfPi i ~ , to me known to be the person(s) described in and who eacecuted the foregoing instrument and acknowledged before me that C5)~ _eXextrted the same for the purpose therein ~ ~ ` .;i .~~`~??:~7? hand sad official seal ;n the county and state aforesaid this - 23RD - day erf a~ ,a._" ~ - :'e'er Q~~ p . 4 i. dNow This LiM R~ssrwd Fw 1.lfldsr and RsoO,dsd f fi y4 Y 6~ 3 i e ~ . i 1 Ppe d d 4 _ t ~ i ~ " 8~Kl~ ~AAOC~~ ~;?e_~: