HomeMy WebLinkAbout0664prior to entry of a judgment enforcing this Mortgage rf: ta) Borrower pays !.ender all st-ms which would be then due under
thn Mortgage, the Note and notes xcuring Future Advances, if any, had nu acceleration occurred: tbl Borrower cures
all hreachrs of any other covenants or agreements of Borrower contained in this Mortgage; Icy Burrower pays all reasonable
expenses incurred by lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph I S hereot, including, but not limited to, reasonable attorney's fees: and
Idl Borrower takes such action as Lender may reasonably require to assure that the hen of this Mortgage, Lender's interest
m the Property' and Borrower ohligation to pay the sums secured b) this Mortgage shall continue unimpaired. Upon such
payment and cure by Bormwer, this Mortgage and the ohhgations secured hereby shall remain m full force and effect as if
nu acceleration had occurred.
20. AssiRrtmertt of Rents; Appointment of Receiver. As addUiunal security hereunder. Borrower hereby assigns to
!.ender the rentc of the Property, provided that Borrower shall, prior to accclcratinn under paragraph IH hereof or abandon-
mem of the Property, have the right to collect and retain such rents as they become due and payahle.
U)x.n acceleration under paragraph 1R hereof ur ahandanment of the Property, I"ender shall be entitled to have a
n~ceiver aplxiinted by a court to enter ulx•n, take passesvun ul anJ manage the Property and to collect the rents of :he
Prrpeny, including those past .foe :11i rents cuilected h}• the receiver shall he applied fiat to payment of the costs of
management of the Property and collection of rents, including, but nut limited to, receiver's fens. premiums on receiver's
hands and reasonable attorney's fees, and then to the sums secured h}' this Mortgage. The receh•er shall Ix: Kahle to account
unl~~ for those rents actually received.
21. Future Advances. tllx•n request M {iurruwrr. Lender. at Lender s option within twcnq• yeah fmm the date of this
\lortgage, may make Future Advances to Borruw.r Such Future Adv~ncr,, with interest thereon, shall be secured by this
Mortgage when evidenced by promisson notes stating that said natcs are secured hereb}'. At nu time shall the principal
amount of the indebtedness secured b)• this Mungage, nut including sums advanced in accordance herewith to protect the
securih~ ut this Mortgage, exceed the original amount of the loft plus l'SS Z7~rjQQ~QQ
22. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Burrower" Borrower shall pay all CtrsN of retardation, i) any.
23. Attorney's Fees. As uxd in this Mortgage and rn the tiote. "anurney's fees" shall include attorney's fees, if any,
~+hich mac tx awarded by an appellate tuun.
IN WITNESS Wtlr Rr:OF, Borrower has executed this Mortgage.
Signed, ualtd and delivered
in the presence of:
e~.~~
~n..,~. ~'. ~Y Q./.~r
_~
~G+~7~ /r• (Seal)
DAVID K. POLLA~RJO ~ I / -sor-ower
~~~(- V~c~ILf~O' (Seal j
DONNA M. POLLARD -Borrower
. (Seal)
-Borrower
- (Seaq
-Borrower
-_ (Seal)
-Borrower
STATE OF FLORIDA, /rIARr~~/ COUnt}' SS.
. (Seal)
-Borrower
1 hemby certify that on this dap, before mt, an utlicer dal} authorized in the state aforesaid and in the county
aforesaid to take acknowlt:dgcmtnts, personally appeared
DAVID K. POLLARD AND GONNA M. POLLARD, HIS WIFE
u- me known to ht the person(s) described in and who executed the
foregoing instrument and acknow•Icdged before mt that THEY executed the same for the purpose therein
expressed.
WITNESS my hand and ofFicial seal in the county and state aforesaid this 1ST day of
DECEMBER ,19 80
My Commission exp~ ~~ State of florida at Large t
~ ~~ f My Commissian Expires ;uly 12, 1484 ,nlJm,~u_ ~_ J~l~l1t.~~
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,•~ ~ •••~ • !~ ~ bwe~e rn.,. :,~ti r,.n 'n.u.a~.:e !n.. Notary Public
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FI.ARIC..
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""•'~T (Space Below This Lint Reserved For LerWer and Recorder)
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FLORIDA DOCUMENTARY STAMPS AFFIXED TO ORIGINAL NOTE AND CANCELLED "
X344 Pay 664
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