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HomeMy WebLinkAbout1104 prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lcndrr all sums which would be then due under this Mortgage, the Note and notes securing Future Advances. if any, had no acceleration occurred: Ib) Borrower curs all breaches of any other covenants or agreements of Borrower contained in this Mortgage: (c) Borrower pays all,ressonable expenses incurred by Leader in enforcing the covenants and agreements of Borrower contained in this Mortpge and in enforcing Lender's remedies as provided in paragraph 18 hereof. including, but not limited to. reasonable attorney's tea: and ~ (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest j in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such payment and cute by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if no acceleration had occurred. 20. Aadgrlwest of Rents; Appolnttneat of Rereirer. 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 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 rents collected by the receiver. shall be applied first to payment of the costs of management of the Property and rnllection of rents, including, but not limited to. receivers fees. premiums on receiver's j bonds and reasonable attorney's feu, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. ~ 21. Fsrtnre Advsaccs. Upon request by Borrower, !.ender. at Lender's option within twenty years from the date o[ this t 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 't 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•l~,~Il~f/~/~,/~11~/•~~~~~~ 22. Relkaae. Uparl payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coats of recordation. if any. 23. Attorseys Fees. As used in this Mortgage and in the Note, "attorney's foes" shall include attorney's feu, if any. which may be awarded by an appellate court. 1 IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, scaled and delivered in tM: presence of: 1 ~ ~ . lrv _ (Seal) L -~«*uwar W-~`G . `.....(Seal) M.. Bartlett -~.r~.r t STATE OF FLORIDA, ........$t.. f~~rPr ......................COUnty SS: 1 hereby certify that on this day, before me, an otTicer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared....~+.. BdX~~e~~. dild .M.. 1].a.dt'.. - • . • • • • - ~~~~t~,. l~]~ to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that...tXley.......executed the same for the purpose therein expressed. ~ WITNESS my hand and official seal in the county and state aforesaid this........ ~$txl...........day of ~ ..........JulY ...................19 IV)y Commission expires: ~j ~~,•j" t Notary Public , ~ ~~•.:L3 ; . ~ . ~ ~s NO~arY 1'lrbbe Shb of f4ri/~ '+'i .tC' ~ ~ ~ ~ ` - of twos. My Cosw~iei~e 6'!rq ' f..* _ ~ _ AfiorcA 7, 192 :~7. i. ~ r` s Y ••try ~ i (Space BNow This LiM Raswvad For Lender and Rewrdar) FILED I FECTTOR(?f'0 Fr, i , S ROGE ~POITRAS A. CLERK CIRCWT COURT RECORD YERIFIED____~ ~ 4yS612 . ,IK336 ~~GE1102 . 61 i(N( i - -