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prior to entry ul a µlJgmrm rnfurring flit, Murtg,lgc It t a 1 Borrower pay, Lender all sums which would hC then Juc under
thn M~?rtgage, the Note and note, xcuring Luture AJ,once+, if any, had nu acceleration occurred: Ih1 Burn?wer cures
all hrrache+ n( any other covrnant+ ur agreetuent+ ut Hurruwrr runtanleJ in Ihi+ Mortgage; I c) Borrower pays all reawnahle
ripen+es incurrrJ by Lender in enforcing the co+enant+ anJ agrrentent+ of &~rruwer runtaineJ in ihi+ Mortgage and in
enforcing LenJrr's rrmeJirs as pnn•idrJ in paragraph 1 x hrreul, Including, but not GmitrJ Iu, rrawnahlr attornr}•'s fec+: and
1 J ? &Irmwer take, +uch action as Lendet may rrawnahly rrywre to a++ure that the Ilen ut Ihi+ Mortgage, Lender's interest
in the Property anJ Borrower's ohhgaUun to pay the ~+um+ +ecurcJ by Ihi+ Mortgage ,hall continue unimpaired. Upon such
paymrm anJ cure by Borrower, this Mortgage anJ the ahllgataon+ secure) herrM• shall remain In hdl force and effect a+ if
nu accrlrrahun haJ occurreJ.
20. Assignment of Rents; Appointment of RecejseF. A+ adJuiunal +ecuruy hereunder. Borrower hereby a++Ign+ to
l.endrr the rents of the Propert}•, pnwiJeJ that Burrower shall. prior to acrrlcratian unJrr paragraph 1R hereof or abandon•
merit of the Property, have the right to collect anJ reGun such rent. a+ they become due anJ payable.
Upon acceleration tinder paragraph 1?; hrreul ur ahandunment of the Property, I.endrr ,hall he entitled to have a
rrcei+•er appc?intrd by a court to enter upcai, tale Ix~++e++IUn of and manage the Pn?pert) anJ to collect the rent, of :hr
Prrprrt}•. Including those pa+t due :UI rent, cullecteJ h} the recrher ,hall he appllyd fir+t h? pa}•mrnt of the cost, of
m:magement of the Pmpeny and collection renh, including, but nut limited to, receiver's Irc+, prrmuun+ inn receiver's
tx~nd+ and rea+onahlr attorne}'s hr+, and then to the +ums +rcured by Ihi+ Mortgage. The receh•rr ,hall hl liable to account
only for those rent? actually received.
21. Future Advances. Upon reyue+t M Burrower. 1 ender, at 1 ender'. upturn within twenty yran from Ihr date of this
\turtgagr, may make Future AJvance+ to Burruw,r tiuch Future Advance+, with intcrr+l thereon, +hal! he secure) M• thn
\lurtgagr when evidenced h}• promi»ary note, +tahng that ,aid note, are u:ured hereh}. At no time ,hall the principal
anu~unt of the indeMeJnes+ secure) by flits Murtgaee• nut Including sum, adv;uiced In accordance herewith to protect the
+ecunh ut Ihi+ Mortgage, c~ceeJ the origutat amount of the ?jute plus t'SS j 7 ~ $ ~ ~ ~ ~ ~
22. Release. lTpun payment of all +um+ +ecured by thn Mortgage, Lender ,hall relea+e this Mortgage without charge
to Burrower. Borrower shall pay all cu+ts of rrcordatlon, it an}.
23. Attorney's Feet. A+ u.ed in flit, Mortgage and In the \ote. "attantcy•s fee+" shall include attorney's fees, d any,
whl~h may be awarded by an appellate court.
IN WtTNt:SS ~VIIERFOF, Elorrowcr Kati execute) Ihi. Mortgabc.
SigncJ, ~ca1cJ and delivered
in the presence of:
~ eiI
(Seal)
{ JG ti T. GERHARDT ~ -e°n~er
(Seal)
VI RG I A G. GERHARDT -eorrowe.
(Seal)
-Borrower
(Seal)
-Borrower
(Seal)
-8onower
i~
I
'i (Seal)
-Borrower
Sr~Tt. of f~IARIDA, ST, LUC 1 E CTY, ~~~~unt)• ss:
hereM• certify that on Ihi+ da), hciure mr, an officer Jul)- authurilrJ in the state afure+aid and in the county
aforesaid to take acknc:wleJgcmcnt+, pcr+onally appeared
JOHN T. GERHARDT AND VIRGINIA G. GERHARDT, HIS Y'I FE
u? nre known to he the pcrs~~nls) dtacribcd in and who eitccuted the i
foregoing instrument and acknewlcdgcJ before me that THEY executed the same for the purpose therein
cxprc _
~S ~ hand and official xal in the cuunt)~ and ,fate aforesaid this 3RD day of
^3; _ 19 8 0
f • mati.. .tees: ; ~,Vl~/~ {
~ ~ r, ~ ~i. Nasry Public
I
(Spsce Below This Lint Reserved For lender snd Recorder)
FLORIDA DOCUMENTARY STAMPS AFFIXED TO ORIGINAL NOTE AND CANCELLED
8x340 P~;Eif~~
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