HomeMy WebLinkAbout1630 prior to entry of a judgment enforcing this Mortpge if: (a) Borrower pays Lender all sums which would be then due under
this I?lortpge, the Note and notes securing Future Advances. if any. had rw acceleration occurred; (b) Borrower cures
all breaches of any other covenants or agreement: of Borrower contained in this Mortpge; (e) 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, includinY, but not limited to, reasonable attorney's fees; and
(d) Borrower takes such action s3 Lender may reasonably require to assure that the lien of this Mortpge. Lender's interest
in the Prooerty and Borrower's obligation to pay the sums secured by this Moripge shall continue unimpaired. Upon such
payment and cure by Borrower. this Mortpge and the obliptions secured hereby shall remain in full force and effect as if
no aecekation had occurred. -
29. Assignment of Bereft Appofataaent 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 beconx 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 snter 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 collation of rents. including, but not limited to, receiver's ices, premiums on receiver's
bonds and reasonable attorneys fees. and then to the sums secured by this Mortgage. 7Le receiver shall be liable to account
only for those rents actually receivtd.
2l. Rntnre Ad~anees. Upon request by Borrower. Lender. at L'ender'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 rwtes stating that said notes are secured hereby. At no time shall the. principal
amount of the indebtedness secured by this Mortpge. not including sums advanced ~atxordance herewith to protect the
security of this Mortpge, exceed the original amount of the Note plus USf... .
22. Release. Upon payment of all sums secured by this Mortgage, Lender shall release thia~Mortgsp without charge
to Borrower. Borrower shall pay ail costs of recordation. if any.
23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any,
which may bs awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has CXeCUted this MOitgage.
Signed, sealed and delivered
in the na of:
_ BERTHA LOUISE NETHERY
..l%',~.. ......(Sal)
--a«ro~r~r
STATE OF FLORIDA,........$~r. &4G~g ......................County ss:
I hereby certify that on this day, before tree, an officer duly authorir~ed in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appared...$extha I.QU~$e. NeX11~L'}i .
to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that ...abe ........eXOCllted the same for the purpose therein
.expressed.
-WETNi:ss my hand and Official seal in the co0nty and state aforesaid this.....llth ...............day of
matte>pber ..............19..80...
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