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HomeMy WebLinkAbout0413 { a~ 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 rates securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures all breaches of any other covenants.or agreements of Iiarrower,contained in this Mortgago; (c) Borrower pays all reasonable expenses incurred by Leader in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies ss provided in paragraph 18 hereof, including, but not limited to, 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 u if no acceleration had occurred. T0. Asaigrtnreat 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 payabk. _ Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a couLrt 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 to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. 'tire receiver shall be liable to account only for those rents actually received. 2l. Fnttrre Advartcet;. 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 accordance herewith Ito protect the security of this Mortgage, exceed the original amount of the Note plus USS.22.-9~..~ 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 rernrdation, 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 be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, scaled and delivered ~ ' in the presence of: ~Z:~!~. ...............(Seal) . C1J~" ~J~.,J Seal _ V~ ) . --ewrovwr . cc Q~eryl A. tern STATE OF FLORIDA, Y~:. ~pr Ounty SS: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared..j~ M.• .Walters PRd•~1e~1,A. •WSlters, • • • • • his.wife to me known to be the person(s) described in and who executed the foregoing instrtunent and acknowledged before me that..they.......-.executed the_same for the purpose thecein expressed. WITNESS my hand and official seal in the county and state aforesaid this .............19t~1......day of j ..........Septel~X _ 19~..... ~ Mr Commission expires: . I ~ ~`F aoR~nr rn~lc nk:~ ~ , ...l~~u:. . ~i i~,ss ~ ~ - MY CO:.a'.t.S:G:: ~.1 ~ Notary Public , :~~~t~~ % ~ptVDED Itii6U Gi;u~.ll it.5. UrlirtRKR1IEIt5~ . (Spate Below TAis Line Reserved For Lender and Recorder) 13c0 SAP 22 P.: ~ 8 r ~ ftlEO lh( Ff GOtt•: CD SL IUCIE COQ~ 1 Y. F I A. ~ ROGER POITRAS CLERK CIRCUIT CQUR Fi COPE \'I F;rli I - - `t . ` 50043'7 ~ ~ t F i E 8339 P~~E 413 _`_`_i