HomeMy WebLinkAbout0372prior to entry ot a judgment enforcing this Mortgagc if: la) Borrower pays l.e~de~ ail sums which would be then due under
this Mortgage, the Note and notes securing Future Advanca. if any, had no acceleratioo occurred; !b) Borrower cu~es
all breaches of any other covenants or agreemenu of Borrowe~ contained in this Mongage; (c) Borrowe~ pays all reasonable
expenus incu~ed by Leader in en[orcing the covenants and ag~eements of Borrower contained in this Mortgage and in
enforcing I.ender's cemediea as provided in paragraph 18 hercof, includiog, but not limited to, reasonable attorney's fees; and
(d) Borrowe~ takes such action as Lende~ may reasonably requirc to assure that the lien of this Mortgage. Lenders interest
in the Property and Borrower's obligation to pay the sums securcd by this Morlgage shall continue unimpaired. Upon such
payment and curc by Borrower, this Mortgage and the obligations secured hereby shall remai~ in full force and eftect u if
no acceleration had occurred.
20. As~ament ot Reutr, Appointment of Recelver. As additional security hereunder, Borrower hercby assigns to
Lender the rents of the Pwperty. provided that Borrow~r shall, prior to acceleration unde~ paragraph 18 hereof or abandor~-
ment of the Pmperty. have the right to collect aad retain such rents u they become due and payabk.
Upo~ acceleration under paragraph 18 hereof or abandomnsnt of the Property, L.ender shall be entitled to have a
receive~ appoi~tod by a court to enter upon, take poasession of and manage the Property and to collect the re~ts of the
Propeny. including those past due. All rcnts 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's fees, promiums on receiver's
bonds and reasonable attorney's foes, and then to the sums securcd by this Mortgage. 71~e receiver shall be liable to account
only for those rents actusUy received.
21. Fntnre Advances. Upon request by Borrower. Lender, at Lender's option within twent~ years frnm the date of this
Mortgage. may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be socured by this
Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the pn.ncipal
amount of the indebtedness secured by this Mortgage. not including sums advanced in acxordance herewith to protect the
security of this Mortgage, exoeed the original amount of the Note plus USS- • - • • - . . . • • . . . • . • - • . • • • • • • • • •
22. Rekase. Upon payment of all sums secured by this Mortgago. Le~der shall release this Mortgage without chuge
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Attoroey's Fees. As used in this Mortgage and in the Note. "attomey's fees" shall include attorney's fces, if any.
which may be awarded by an appellate coun.
IN WI'INESS WHEREOF, Borrower has executed this Mortgage.
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. . . . . . . (SCaI)
n ny Ya l i c ti • -~~»-
. ~`~ ~: . . `-~ .~-'S~: ~ `. :L . ~ . (seat)
Geraldine Valicent~ _ -~«~~*
STATE OF FLORIDA, . . . . S.t.. .Luci e . . . . . . . . . . . . . . . . . . . . . . . . . .County ss:
I hereby certify that on this day, before me, an officer dul ~ authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared. . . ~~f1017y. ~Id.1.~.CeDtl. and .Geraldine . . . . . . . .
,,,_, Val i~gnti,_ hi.s _wi fe_ ..,.,...., to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that. .. tjtPJ!. .. .. .executed the same for the purpose therein
expressed.
W~n~ESS m hand and ofi'icial seal in the county and state aforesaid this. . . . . 9Lh . . . . . . .. . . . . . . .day of
. . . . . . . .~~~~~1 : . . . . . . . . . . . . . . .. 19. . ~Q ..
My Cotqp)ission expires: /d~/l~p~
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(Sp~oe BNow This Line Reserved For Lender snd Recordeq
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S-i7~r.t.~H ~r~s fi ~'~~ iv~i I 1~~71f"~`,~"( ~
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F . ~~5 P~GE 371
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. . . . . . . . . . . NoUry PuDlic . . . . . . . . . . . . . . . . . . . . .