HomeMy WebLinkAbout1513 prior to entry of a judgment taforcing this Mortpge if: (a) Borrower pays lender all sums which would be then due under
this Mortpge, the Note and notes securin; Future Advances, i[ any, had no aeceleatioa occurred: (b) Borrorvar cura
all breaches of any other oovenaab or agreements of Borrower contained in this Mortgage: (c) Borrower pays sl! rasoaabk
expenses incurred by Leader in enforcing the coverlagts and agreements of Borrower contained is this Mortgage sod in
enforcing Lender's remedies as provided in paragraph 18 hen~of, including, but not limited to, reasonable attomey's fees: and
(d) Borrower takes such action ss Lender m~~ rta:nnahly r..quire to uwre that the lien of this Mottpge. Lender's interest
in the Property gad Borrower's obliption to pay the some ecured by this Mortpge shall continue uaimpairod. Upon such
payment and cure by Borrower, tbis Mortgage and the ohi~ptions secured hereby shall remain in full force and effect as if
no accekntion had occurr~.
20. Aadgrulserrt of Rearifi AppoiNtnseN ot` Raeisrr. As additional security hereunder, Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 herwf or abandon-
ment of the Property, have the right to collect quid retain such rents as they becarle due and payable.
Upon acceleration under par:gnph t8 hereof or abandonment of the Property. Lender shall be entitled to have a
receiver appointed by a court to Doter upon. t;lke pos..ession of and manage the Properly gad 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 rnllection of rents, including, but not limited to. rexiver's fees. p: emiums on receiver's
bonds and reasonable attorney's fns, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only [or those rears actual:y received.
TI. Rare Aivaax'ra. Upon request by Borrov~r, lender, at Lender's option within twenty yeah [rem 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 princtipal
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. Rekaae. Upon payment of.all sums securM by this Mortgage. Lender shall release this Mortgage without charge
to Borroaer. Borrower sball pay al! costs of recordation. if any.
23. Attorsiey's Fees. As used in this Mortgage and in the Note, "attorney's foes" shall include attorney's fees, if gay,
. - whKh may be awarded by an appellate court.
~ IN WITNESS WHEREGF, Borrower has executed this Mortgage.
_i
Signed, sealed and delivered
,j in the presence of:
' ~ . 1~ . 3
~ . ~.A~ (Seal)
~ . ~ ?........(Seal,
Virg i a J. P n -e«~o.~+?
STATE OF FLORIDA, _ St •..I.UGj .....................County s5:
1 hereby certi[y that on this day, before mc, an officer duly authorised in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared.... Jahn .Pertut~ ,ar:d . V1 rgi.n is . J.. Aerua, .
j1.i.9 .t7lift~ to me known to be the person(s) described in and who executed the
li foregoing instrument and acknowledged before me that.... they......executed the same for the purpose therein
expressed.
WITNESS my hand and c~cial seal in the county and state aforesaid this...........bth .........day of
....Qctober ......................19..80...
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,r'` C1'~~ Noiary Public
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!Specs Bslow TAis Line Reserved iw Lender sod Reoorden
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