HomeMy WebLinkAbout1351 prior to entry of a judgment enforcing this Mortgage if: (a) Borrotwer pays Lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; Ib) Borrotwer cura
all breaches of any other covenants or agreements of Borrower rnntained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Leader in enforcing the covenants and agreements ~t Borrower contained in this Mortgage and is
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to. reasonable attorney's foes; and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgag0. 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 toll torte and effect as it
no acceleration had occurred.
20. Aatdgt~meat of Rents; Appolattaeat of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the trots 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 tents 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 coati to enter upon, take possession of and manage the Property and to collect the Hots 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 fens, premiums on receiver's
bonds and reasonable attorney's foes, and then to the sums secured by this Mortgage. 71tr receiver shall be liable to account
only for those rents actually received.
21. Future Advasces. 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 sceured by this-
Mortgage when evidenced by promissory notes stating that said rotes are secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in aocordanoe herewith to protect the .
security of this Mortgage, exceed the original amount of the Note plus USS"""""""""""•-
22. Releases UptHt payment of all sums secured by this Mortgage. Lender shall ukase this Mortgage without charge
to Borrower. Borrower shall pay all costs of rernrdation, if any.
23. Attoraey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shalt 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 tlx: presence ot:
..'"`?~;~'y,~-. ~ ..........(Seal)
- ~ s Wa l i qu i s t • ~ -8a"~OYw`
..i\~.~.. .h A~W ...(Seal)
Penelope Wai lquist -sorroMM
STATE OF FLORIDA, .......~1: • . ~.UCJ ~ COnllty SS:
I -
[ hereby certify that on this day, before mr. an officer duly authorized in the state aforesaid and in the county i
I~ aforesaid to take acknowledgements, personally appeand . ~d~~ . ~p
~ ~
q4 l S 1:. dPd .Pg4f:a QPt< .P W~,l,i q~ j S t , '
.h i s• wi fe , , , , , , , , , , , , , • , • , , . , , . . to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that.. they . _ . _ ...executed the same for the purpose therein
expressed.
WITNESS my hand and of&cial seal in the county and state aforesaid this....2?th..._ .............day of !
..Au9uSx ........................19. &R...
f
,mission exprres: . ~~?~'~!!t.~. `
~iVl.4 Aft _
_ rrotery Public
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- i : Ploiory rubric Stale cf fbrtda
j ~ ~ ~ • ~ at la?pe. My Coteteisfion Enptrq
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(Space Below This Line Reserved For Lender an0 RecaOeq
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~ vol~o7~ '~~~(a 1~10~ 190 SEP A 2: 37 ~
~ • : _ ~ I!Z FILED aMC ~f CGPifO
1 _~~~NdYiiOJ 3,~i„dv(j;itil ~llll GJIf~IH~ SLLtSUf COUNTY.fIA.
. - ROGER POITRAS
CLERK CIRCWT C;,U
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