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HomeMy WebLinkAbout0735 j _~r. prig to entry of a ~udpneat eaforriag this Mortgage it: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances, if any, had ao aaxleration occurred; (b) Borrower cures all breaches of any other covenant: or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable expenses incurred by Deader is enforcing the ooveaat~ta cad agreement: of Borrower contained is this Mortgage and is enforcing Leader's ranedip as ptovided is paragraph 18 lleceot. including, but not limited to, reasonable attorney's fees; and (d) Borrower takes such action as Leader may reasonably require to assure that the lien of this Mortgage, Leader's interest in the Property and Borrower's obligation to pay the sums secured by this Mortgsge dtall oontiatte unimpaired. Upon such payment cad curs by Borrower, this Mortgage cad the obligations :ecurod hereby shall remain in tuq force cad eQect as if no accekwtioa had occurred. - 28. AsrtlpeeM eI Res>!R Appoidseat of Recdnr. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property. provided that Borrower shall, prior to aacleration under paragraph 18 hereof or abandon- ment o[ the Property. have the right to collect cad main such teats as they become due and payable. Upon acceleration under paragraph 18 hereof or abandonment.of the Property. Lender shag 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 cad collection of rents, including, but not limited to. re+aiver's fee, premiums on r+eceiver's bonds cad reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account .only for those reab actually received. 21. IFtitere Alraacas. Upon request by Borrower, Lender, at Lender's option within twenty years from the daft: of this Mortgage, may mike )h~tture Advance to Borroww. Such Future Advances, with,iaterest thereon, shall be secur~od by this Mortgage when evidenced by promissory notes :toting that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced is aecordanoe herrwit6 to protect the security of this Mortgoge, exceed the original amount of the Noe plus USS.. 22. Reiaee. Upop payment of aU sums secured by this Mortgage, Leader :hall release this Mortgage without charge to Borrower. Borrower shop pay aU costs of recordation. if ony. - 23. Attorsaey'~s 1Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees. if say, which moy be awardod by as appellate court. IN WtiNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered . in the presence of: Ram PR.~ Chiller ! (Scat, Rakesh Chiller -~fO1'K STATE OFI~L~IEt~i?,...Cali~Qrnia..1.... ......County 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 R~~..~ G~;1.~ l~l~ . and..$ake sh . Chi lla r.,: . _ . hi s ,wife, , , , , , , , , , , , , , , , , , to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that....~beY.....executed the saute for the purpose therein '~I eipressed. ' ~ i ~ ~ WITNESS my hand and official seal in the county and state aforesaid this. ~ t: ' ......day of ~ ~ My Commission exp~ues: • a~ tQU7AYY Fl'F:LIC•GUFORf~IIA PittF'CiPAL t'.FFH,'E IN LOS 1,;9Gt1E$ OOUNTY My Commission Ez 'res June 6, 1984 (Spate natorr This LiM Rasarvod For Candor and Recorder) DSt~£E bC1Ri0l~ '302131a 1~d3 - I 3(1N=~,~ 3`JiJt1`~O LILZ 502 JWYdW00 30NV21f1SNl 31111 OOlf01N~t 19ti0 SAP 24 AN ~ 58 s;ttEQ RNC I~ECORuEO ~ ST.IUCIf.000NttY.FLA. ROGER PCI?RAS - tt~RK CIRCUIT COURT f j • BOA JJ~ Pl~GGE I~J ~ `