HomeMy WebLinkAbout0774 prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances, if any, had na acceleration occurred; Ib) Borrower cures
all breaches of any other covenants or agreements of Borrower,contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited ta, reasonable attorney's fees; and ~
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
no acceleration had occurred.
20. AssiRament of Rents; Appointment 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 as they become due and payable.
Upon acceleration under paragraph 1R 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 rents 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 ta, receiver's fees, premiums on receiver's
bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account 1
only for those rents actually received. '
21. Future Advances. Upon request by Borrower, Lender, at l.endcr 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 accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS....Z7~~Q~.OQ
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. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's fc " s 11 include a y's fees, if any.
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortga
Si sealed and delivered - -i,;;~',}.
n the pr ce of: Y ^ ~ti<<~ ~i~~ e ,
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STATE UE: FLORIDA, ~.J~:1L~j(~C,/..... ROS . to . 1~0 n 1V1 ly
1 hereby certify that on this daVVVVy,before me, an officer duly authorized in the state aforesaid and in the county
afor ~a~tc~-t., take acknowled ements, personally appeared.. ~SBd~ .CiY'OSDk'itl,. President .Of .SPECIRIA~... .
PIt~InJCI~, INC., a Flga:.COIpOratlo~ me known to be the person(s) described in and who executed the t
he
foregoing instrument and acknowledged before me that ..............executed the same for the purpose therein ~
expressed.
4
• ha d and official seal in t ounty and state aforesaid this...... ...........day of
_x
' - ..............19 ~ Z
•sE~.~• ~ ~ NpTAftY t~t1d1.IC STATE OF AT tAR~ ~ ~`y
' ~ ~ ~wt~ ~ IIAY COMMISSION EXP! 1
ZS : . c s SpWpEp 111RU GENENIL 1 N5, uNDEAWRI l Notary t~ubtic . .
1
~ ..;,1~cie
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I hereby certify that on this 26,day of July, 1980, pens Wally ap of a tne,
an officer duly authorized in the State aforesaid to tale aclalowle nt peered
Isaac Grosman and Rosita Grosman, his wife. •a•
(Space Below This Line Reserved For Lender and Recorder
tary is
z
1980 AUG -7 AK 9~ 16
FILED I?NC «CGRDFO
S
ROGERPQ
TRASA ~ ~
E CLERK CIRCUIT CGiI T -
i
495402
eooK~ P~cE 772
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