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prior to entry d a judgment enforcing this Mortgage it (aq Borrower pays lender all sums which would be then due under
this Mortgagee the Note and notes securing future Advances, if any, had no acceleration occurred; (b) Borrower cures
aN breaches d anydhercovenanta oragreernenta of Borrower oontairtied in this Mortgage; (q Borrower payt?all reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lenders remedies as provided in paragraph 18 hereof, including, but not limited t0. reasonable attorneys fees;
and (d) Borrower takes auch action as Lender may reasonably require to assure Chet the lien of this Mortgage. Lenders in-
terest inthe Prope?tyandBorrowers 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. AssfgtnmeMM Mrne; AppofMment of RsCeh?er. As additional security hereunder, Borrower hereby assi ns
to Lender the rents d the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof orabandgon-
ment tithe Property, have the right to cdlect and retain such rents as they become due and payable.
Upon aOCeferation under paragraph 18 hereof Or abandonment bf the Property, Lender shall be entitled to have 8
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 dua All rents collected ay 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, receivers fees, premiums on receivers
bonds and reasonable attorneys lees, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rents actually received. ~ _ s
21. FutureAdvancN. Upon request by Borrower, tender, at Lenders option within twenryyears from thedate of this
Mortgage, may make Future Advances to Borrower. Such Future Advances. with interest thereon, shall be secured ~ this
Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no timesi~all the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protectthe
security of this Mortgage, exceed the original amount of the Note plus US3 f 56000. 00 -
ZZ. Relpse. Upon paymentof all sums secured bythis Mortgage, Lender shall release this Mortg~gewithoutcharge
to Borrower. Borrower shalt pay all costs of recordation, it any.
23. Attorneys FNS. As used in this Mortgage and in the Note, "attorneys fees" shall include attorneys fees, if any,
which may be awarded by an appellate court
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
~ ~ 1 Y
' RICHARD W. LlMI~iGREN (Seaq
~~-~-~i-,;t._' .cam ~ (Sean
- KATHLEEN LUNDGREN
(Seaq
(Seaq
STATE OF FLORIDA. County ss= f'4ART I N
1 hereby certify that on this day, before me, an officer duly authorized in the slats aforesaid and in the county
aforesaid to take acknowledgements, personalty appeared
RICHARD W. LUNDGREN AND KATHLEEN LUNDGREN, HIS WIFE
. to the known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that Borrower executed the same tor. the purpose .therein
expressed. .
WITNESS my hand and official seal in the county and state aforesaid this_ 3RD day of
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fSpacc Below This Une Reserved for Lender and Recorder)
so~~ p~ 188
RENEGOTIABLE RATE FFMG (6/80) j