HomeMy WebLinkAbout0282prior to entry of a judgment enforcing this Mortgage it: ta) Borrower pays Lender all some which would he then due under
this Mortgage, the Note and notes securing Future Adrrnces, if any, had nu acceleration occurred; th1 Borrower cures
all hreachc, of any other covenants or agreements of Harrower contained in this Mortgage; Ic1 Borrower pays all reasonable
expenses incurred by 1_ender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph IK hereof, including, but not limited to, reasonable attorney's fees; and
Id) Burrower takes such action as Ixnder may reasonably rcyuire to assure that the lien o[ this Mortgage, Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
no acccleraUon had occurred.
20. Assignment of Rents; Appointment of Recel~•er. As additional security hereunder, Borrower hereby assigns to ..._
Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph IA hereof or abandon-
ment of the Property, have the right to collect and retain such rents as they become dtle and payable.
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 recei.•cr shall be applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, receiver i fees, premiums on receiver's
ho~dsrnd reasonable attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only tar those rents actually received.
21. Future Advances. Upon rcyuest by Borrov-•er, 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 arc secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, nut including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS 14, 9t)Q .00 ................ . .
22. Rekttse. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without chargt
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attoraey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's tees, if any.
which may be awarded by an appellate court.
IN WITNESS WHEREOF, BOrfOWCr has executed this Mortgage.
Signed, sealed and delivered
in the presence ot:
.~
T~ .,~~.•.~=: ~~4t:~f!t. ,~!1... ... .... .... ..... .. (Seal)
_ arras R. Snow, J ~ ~ ~ ~ ~ ~~or~,er
..... ..... //U/~`1'~ , ~ X17 G~
............................ (Seal)
Karin E. Snow ~rra1e1
STATE OF FLORIDA, ..... ~YY~. ... ....... .............000nty ss:
I hereby certify that on this day, before m~, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared. THOMAS, R.. S[~IOWr ,JIt., and KARIN- B., SNOW,, . ,
- 21is •~~~~- • - • • • ..................... to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that .. t~Y .......executed the same for the purpose therein
expressed.
WITNESS my hand and official seal in the county and state aforesaid this......~.0.~...........day of
.....~ ....., 19.$x....
My Commission expires:
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'~ i Y O i. ~i..•C-
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`,....., .,:Rr~ .
l^ ~'~i~r~GS
.Notary Public ... ................. .
~{~ PII~CR, Sta1! Ol 1'li>ri~ t1 ~
~y (,onlotisssion Expires ..i11 10.1982
~~ ~, wr++~ fw i tr.+rr Gr~ril
(Space eetow This line Reserved For Lender sod Recorder)
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