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HomeMy WebLinkAbout1519 • ~.i f . , .'i t prior to entry of a judgment entorcing this Mortgage if: (a) Borrower pari Lender all sums which would be then due under this Mo:spge. the Note and ttota searing Purace Advances, if any, had to acceleration occurred; f b) Borrower cure all breachm of any other ~venants or agreements of Borrower contained in this Mortpge; (c) Borrower pari all reasonable expenses incurred by Leader in enforcing the covenagts and agreement: of Borrower contained is this Mortpge gad la enforcing Lender's remedies as provided in paragraph 18 hen~of, including, but not limited to. reasonable attorney's fee; and (d) Borrower takes wch action as Letterer mss re, :~nahly r..quire to assure that the lien of thh Mortpgt:, Leader's interest in the Property and Borrower's obligation to pay the sums ecured by this Mortpge :hall ooatiatte unimpaired Upon such payment and cure by Borrower, this Mortpge and the oh~~ptiom secured hereby shall remain in full force gad eRect as if no aocekration had occurred. 2t. AssipweM of Rest AppoitltnxN of Reeehrr. As additional security hereunder. Borrower hereby assigns to Lender the vents of the Property. provided that Borrower shall, prior to stxekration under paragraph 18 hereof or abandoa• ment of the Property, have the right to collect and retain such rents as they become due and payable. Upon acceleration under paragraph 18 herooi or aMndonment of the Property. Leader shall be entitled to have a receiver appointed by a court- to enter upyn, take pos..ession of and manage the Property gad to coll..:.t the rents of the Property, including those past due. All rents rnllectcd by the receiver shall be applied tint to payment of the costs of management of the Property and collection of rents, mcluding, but not limited to. recxive~ s toes. p: smiums on receiver's bonds and reasonable attorray's fees. and then to the gums secured by this Mortgage. 711e receiver shall be liable to account only for those rents actually received. 2t. Ft~tare AtiraaKes. Upon request by Borrower, Lender, at Lender's option within twenty years frcxn the date of this 4ortgage, may makt Futurt Advar:ccs to 8orrmver. Such Future Advanc.~, with intesest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in aooordanoe herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS. -r.-"'. Yl. Release. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coats of recordation, if xny. 23. Adorwey's Rees. 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 WHEREGF, Borrower has exccated this Mortgage. - Signed, sealed and delivered in the presence of: ' ~.'L(/.~...~,~~'G«:........(seal) _ ~ ~ ro P i ac i do ~ ~ -s«~~o~? ~'3~G~.X.~ .~...Y:~ , ~ C.~Gf'o (Seal) - STATE OF FLORIDA . S t.. J.4G ~ e ................County ss: . j [hereby certify that on this day. before roc, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared......Rdt01 r0. P.1.dC~dO. isltd .hat'ld. A, .Plat=Jld.Q, his .wi`fe to me known to lx: tht person(s) described in and vvho executed the ~ [ore m instrument and acknowled d before me that.....the executed the same for the therein 80 8 8e Y••••• Purpose expressed. i ' r~ { WITNESS my hand and c~cial seal in the county and state alcrtsaid this........30ih ...........day of ....SeptembeF ...................19..$Q.. , My.Comraission expires: ~7-g~ .d/~~~~i>.. e~`i!~~~`~~~'! . ' 6~l~:~ Woiary thsbt~c . ,3 < t s Neeerp MbMe Stela j of Large. Mr Cos~iMioa F.tt~MM ~a,. , ~ ,,~.,~w ,r'` , - r.,, . (,pace Baww This Lim ReservW For Lender and Reoordaq I 190 NUJ ~ 7 p st.~ t:u l' fllf r,~;iTY.il A. SIf C Ef i•'s~ ~ ,.5 .::t'fiT ClE" „i:.~s.. ~ 50636'7 f' ` ~ • ~ ~ ~ X342 ~~1~18 .