HomeMy WebLinkAbout1525 prior to entry of a judgment en[orcing tlti: Mortgage it: (a) Borr.nver pays Lender all wms which would be then due under
this Mortgage, the Note and notes securin` Futuro Advances. if any, had rw accekratiat occurral; (b) Borrower curs
all breaelte3 of any other covenants a agreemen4 of Borrower contained in this Mortgage: (c) Borrower pays all reasonable
expenses incurrod by Lender in enforcinj the oovenu)ts and agreements of Borrows contained is tha Mortgages sad in
en[orcing Lerder~s nmedid as provided in paragraph 18 hen`uf, including. but not limited to, rea:orlabk attorneys toes; and
(d) Borrower takes such action a: Lenelcr rr~s; rta:nruthly r.quin to assure that the lien of this Mortgage. Leader's iarerest
in the Property sad Borrower's obligation to pay the acme accred by this Mortgage :hall continue unimpaired. Upon such
payment and can by Borrower, this Mortgage and the oln~gations secured hereby shall remain in fuA force sad eRect as i[
no accekration had occurred.
2t. Assilgureot of RetNst Appidrrrest of Recelsrr. As ~ additional security hereunder. Borrower hereby assigns to
Lender the Hots of the Property. provided that Borrower shall, prior to atxekration under paragraph 18 hereof or abartdoo•
meat of the Property. have the right to rnllect seed retain such ants st they become due sad paysbk.
Upon aocekration under paragraph 18 hereof a abandonment of the Property. Lender shall be entitled to have a
receiver appointed by a court to enter upon. tike pos.,ession of and manage the Property and to collect the Hots of the
Property, including those Asst due. All rents collxtrd by the receiver shall be applied lust to payment of the costs of
management of the Property and collection of rents, including, but not limited to. receiver's fees, p: smiums on receiver's
bonds and reasonable attorney's foes, and then to the sums secured by this Mortgage. Tire receiver shall be liable to account
only for those Hots actually received.
2i. Ftrtrrr~e Advss+cs+s. Upon request by Borrower, Lender. at Lender's option within twenty years frern the date of this
biurtgage. rosy make Future Advances to 8arrower. Such Future Advanzes. with interest iher.~rt, shall br: s~utzd 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 aocordanoe herewith to protect the
ycurity of this Mortgage, exceed the original amount of the Note plus USf....... - • . - •
22. Release. Upon payment of all sums secured by this Mortgage. Lender shall nl~se this Mortgage without charge
ti Borrower. Borrower shall pay all casts of rernrdatan, if :.ny.
23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if say,
which may be awarded by an appellate court.
iN WITNESS WHEREGF, Borrower has executed this Mortgage.
Signed, sealed and delivered .
in the Dresence of:
i . ~).~..'.ww :.:..........~:°::Q'c.~ . (Seal) 1
ha-lter L. Richardson, Jr. ~ ~S
..1.!4:. ~ ~ ~4!~!.:~
i . (seal)
Seetta R. Richardson -a«~
STATE OF FLORIDA, Sts .~r1l~~e .COUrtty ss:
J.
I hereby certify that on this day, before me, an officer duly authariud in the state aforesaid and in the county
'i ' ~ aforesaid to take acknowledgements. personally appeared WtilCey. T•.•..R~CbBTfIB_QAs .,TT,. acid .Seet~.a K.. .
j .~~t=hard$4>~,. hJ4s .al~~g to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that...~beq.......executed the same for the purpose therein
! expressed.
s
WITNESS my hand and c~cial seal in the county and state aforesaid this...........2Rd..........day of t
..OcXQhe~ .......................19~R4....
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