HomeMy WebLinkAbout0961 prior to entry of a judgment enforcing this Mortgage if : l a) Borrower pays Lender all sums which would be then due under
this Alurtgagr, the Note and notes securing Future Advances, it any, had no acceleration occurred; Ib) Borrower curet
all breaches of any other rnvenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender to enforcing the covenrnts and agreements of Borrower contained in this Mortgage and in
enforcing Lender i remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and
Id) Borrower takes such action as Lender may reasonably rcyuirc 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
paynxnt and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
no acceleration had occurred.
20. AssiRnmeAt of Rents; Appointment of Receiver. As additional xrurity 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 ewwltect and retain such rents as they become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment at the Property, Lender shall 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 and collection of rents, including, but not limited to, receiver i fees, premiums on rceeiver's
ponds and reasonable at!orney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rents actually received. .
21. Future Advsnces. Upon request by Borrower, lender, at t_endcr 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 arc secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus fist- . 4.s`.90A..Q0
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 o[ recordation, it 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 Mo
Signed se~ale~d~a~nd delivered D .Thar n (Seal)
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1 .9.'l l4'?4 ~r-~ u~~_ (Seal)
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. . _ . a-.~~_r~~~u~f~ `~t :~:F-a :`!....(Seal)
- ~ semaiy Z akson
STATE OF FLORIDA, ~!RT.~ ............................000nty ss:
Ihereby 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.PAUL A._ THDRLAKSOt~I _and,lipSF1YlARY,T~IORLAiC~ON,
.b~B. w~,~6....... to me known to be the person(s) deuribed in and who executed the
foregoing instrument and acknowledged before me that .:.they, , , . , , .executed the same for the purpose therein
i expressed.
'i
WITtiESS my and and official seal in th80county and state aforesaid this......./~at~.........day of
. ..........,19....
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(Space Balorr This LirN Resarvsd Foy ltnda~ and Racorde~
STATE OF CAL~pR'N
COtR1TY OF {~f
- / e foregoing instrument was acknowledged before me
this ? /(j'~?~ day of V ,1980 by DANIEL. O. THORI.AKSON aced SUSAN TRORLAKSON,
' his wife
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My Cotnoission expires v ~/I~~~
(SEAL) / Notary Public
OFFICIAL SEAL
r - _-.~i~. rr' NOTARY PUt1ut - CAUFORg1A
' L0.S AtiG~l'S C~aK*Y
. ~(A~~ r~ ~ f ` --;,.i fAl canal, es;ites IIrR S, 19W~
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