HomeMy WebLinkAbout1929 prior to entry of a judgment enforcing this Mortgage i(: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Nota and notes securing Future Advances. if any, had no acceleration occurred: !h) Borrower cures
all breaches of any other covenants or agrtement: of Borrower contained in this Mortgage; (c) Borrower pays all reasonable r
expenses incurred by Lander in enforcing the rnvenant: and agreements of Borrower contained in this Mortgage and in
enforcing Lenders remedies a: provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's [ees; and a
(d) Borrower takes srrclt action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest i
in the Property and Borrower
i obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, Ibis Mortgage and the obligations secured hereby shall remain in full force and effect as if ~
t
no acceleration lud occurred. }
20. Aadgteaeat of Reetsl AppolpfweN of Receiver. As additional security 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 collect and retain such rents as they become due and payable. t
Upon acceleration under paragraph 18 herwf or abandonment of 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
Properly, including those put due. All rents collected by the receiver shall be applied first to payment of the costs of
management of the Property and collection of ecru, including, but not limited to. receiver's fees. premiums on receiver's
bonds and reasonable attorney's foes. and then to the surr!s secured by this Mortgage. The receiver shall be liable to account
only for those rent: actually received.
21. iitat.re Advarresrs. Upon request by Borrower. Lender. at Lender's option within twenty years from the date of thi:
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 principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith io protect the t
security of this Mortgage, exceed the original amount of the Note plus USS '
2t Release. Upon payment of all sums secured by the Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any. +
23. Attorsey'a Fees. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees. it any,
which may be awarded by an appellate court.
iN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the prose of:
~w
. ..l - ! (Seale
rge Kissic •-a«*~~
Erma P. MacKissic -eo?.~,.?
STATE OF FLORIDA, St.. L~lCte .COUnty ss:
I hereby certify that on this day, be[ore me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknotWedgements, personally appeared. ,George MacKi ssic and . Edna. R -MacKi st>•ic,
...b'I s. I~i.fe , , , , , , , , , , , , , , , to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that..they........executed the same for the purpose therein
expressed. l
L 1
WITNESS my hand and official seal in the c my and state aforesaid this... th• • • • ...........:d~1. •of
..November
My Comm ~ • '
fission expires: !V.......:........
~'s'
cs«n notary twaic ' . ;i I '3-~'~
ARY .ual a S1AlE a taoelo+~ ~T - ~ .
MY COuAlAtS6WN EAUItS AAK . n 19i . ' q~°
~01~lDER h<M! C@f!K Ir6. ~Wt! tt , s Qv ~
(Spate 8a1ow This Lina Rasarvao For LerWa? an0 RaWrder)
is~o r~~~t -7 r,~ !2~ ~ f .
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S'~6514
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