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HomeMy WebLinkAbout0004prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances. if any, had no acceleration occurred; (b) Borrower cura all breaches of any other covenant: or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable expenses incurred by Leader in enforcing the covenants and agreements of Borrower contained in tha Mortgage and in enforcing Lender's remedies as provided in paragraph 18 hereof. including. but not limited to. reasonable attorney's fees: and (d) Borrower takes such action s: Lender may reasonably require to assure that the lien of this Mortpge, Lender's interest in the Property and BoiT+ower's obligation to pay the sums scoured by this Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall amain in toll force and .effect as if no acceleration had occurred. 29. AsslgrusteN e# ReNf; Appoiauamat 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 payabk. Upon acceleration under paragraph 18 hereof 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 Property, including those past due. All rents collected by the receiver shall be applied first to payment of the costa of management of the Property and collection of rents. including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonabk attorney's fees. and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. Tl. Fsihre Ad~aeces. Upon request by Borrower, Lender. at Lender'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 are secured hereby. At no time shall the principal amount of the indebtedness'securod by this Mortgage, not including sums adva~d a~c~dance herewith to proteM the security of this Mortgage, exceed the original amount of the Note plus USf..... ! ... ~ ................ . 22. Rekast. 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 any. . ?3. Attorsxy's Foes. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees. if any, which may be awarded by an appellate court. IN WITNESS 1NHEREOF, Borrower has executed this- Mortgage. .. .....t/.. .. ................ (Seal) Ra• ph .. ~ Speck -~^~ .~.~i~-z~ . !'C-. ~?~ .... ..............(Seal) Doris M. Speck '-~~ STATE OF FLORIDA, .... S~a .~UC~Fi .........................County ss: I hereby 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 . ~alltb . ~.. SReCk .bud. Anxis . M.. SP,ec, .Ills... . .. ~~~~ .............................. to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that ...t,Itex .......executed the same for the purpose therein expressed. WITNESS my hand and official seal in the county and state aforesaid this..... 28t:~ ..............day of My Commission experts: r\\^J`~ ~~`_+, ~'''' ~' tS•~•! ~ io _ . 1 C- .~~:~ e, .,~t ~ G0M1MIfs1f~ :~ ~n. d'~ wiW ~ ~ ~ rAL ~ Mtn'? f~,~'r : ~ ~• ~WRI fi~xY r+'~~~:~ ~s (Space selorr This LiM Reserved For lender cent Raoor~ 1980 OCC - I All I I~ 18 FtLEO ANC f~C0R0f0 S ROGER P~TRASA fiERK CIRCWT CYIIM~ S0S'799 ~K~4 ~aGE 4 b f. b' .~~ ~•• ~ ~~ ~' s ~ - ~ Signed, sealed and delivered _in the presence of: