HomeMy WebLinkAbout0580prior to entry of a judgment enforcing this Mortgage,if: tat Burrower pays Lender all sum+ which would he then due under
this Mortgage, the Nate and notes securing Future Advance., if any-, had no acceleration occurred: Ihl Borrower cures
all hreach~y of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrowrr pays all reasonable
expemes incurrc~l by Lender in enforcing the rnvenants and agreemems of Borrower contained in this Mortgage and in
enforcing l.ender'c remedies as prw~ided in paragraph IK hereof, including, but not limited to, reasonable attorney's fees; and
Id1 Borrowrr takes such action as Lender may reasonably require to assure that the lien of 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
p:-yment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
no acceleration had occurred.
20. Assignment of Rents; Appointment of Receiver. As additional security hereunder, Borrower hereby assigns to
Under 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.
Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall he 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 costs of
management of the Property and collection of rents, including, but not limited to, receiver a fees, premiums on receiver's
hands and «asonable attorney's fees, and then to the sums secured by this Mortgage. 71-e receiver shall be liable to account
only for those rents actually received.
21. Future Advances. 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 he 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, not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USSR.2.9fl.0.•.QO ..................
22. Reksse. Upon payment of all sums secured by this Mortgage, tender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation, if any,
23. Attorney's Fees. 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 Wt1EREOF, Borrower has executed this Mortgage.
Signed, sealed d vered
in the orese of:
STATE OF FLORIDA, ........... ST..
y~ , c_ _ ' .
Angel Chie _ J ~OfT~O1N'r
~~
-~--:~ . '~~ ..~... .......... (Seal)
. ~. , .. --eorrower
olio P. Chieffi
..................County ss:
1 hereby certify that on this day, before mc, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared . ANGBI,Q .J.. CHIFFFI .and. JiII,IA .P.. CHISFFI, .
his. ~tife ............................ to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that .... then ..executed the same fer the purpose therein
expressed.
W Ess my ban and o cial seal in the county and state aforesaid this.......`5~ .............day of
......~ .Q..~.~:..~....... , 1913A. .
~[vly (mission expires:
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•~es Cep. 18. t9a
(Space Below This Line Reserved For Lender and Recorder)
1980 OEC -3 IIN I I: 01
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S1.lt1ClE COUIITY.F`` i..
ROGER POITRAS
ELEAK CIRWIT CMtRT
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