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HomeMy WebLinkAbout1025prior to emn ut a ~uJgmrnt rMurcing th~, ~1ur~g~~ ~1 ~:~ 1 Hurruwcr pa~+ 1 rn~lcr all .um. wh~ch Nuu1J bc thcn duc undc~ thi~ Aturtgagr. ~hr N~tc and nutr~ .rcunng Futu~r Advanrr.. if an~. had rn~ .icr~Icralw~i ~kcurrccl: 1 h 1[iorrowcr cure~ ail brcach~. ul :ui~• u~hcr covcnao~, ur ak~rcmcn~. ut H~~rruwrr ~amaincd ~~ ~h~~ MortXagc. Icl Hi~rroNrr pa~~ aU rea.onable t~pemr, incurrrd hy I.endcr in cn(u~cing ~hc a~vrnant~ and agrccmcnt~ ~,( Borrower containcJ in 1hi~ Alartgagc and in cnfu~cing Lrndrr'~ rrmeJi~y ;a proviJeJ ~n paraKr,~ph I tt hcrcuf, ~nrludi~g, but not limited ~o, re•r,unahle auorncq's tecs; and IJ) Rurrowrr ~akr> >uch ac~iun as I.ender may reau~nably rryuire to a~sure that the lien of th~~ Mortgage, I.eoder's interest in thc Pm~m~ and Burn~w•c~'~ obli~;aUun to pa~ thc ~umti ticcurcd h~ this IUongugc ~hall conUnue unimpaired. l;{x~n such {-aymeiu and rurr h~• Bor~ower, thi. ~longagr anJ ~he ~~bl~gatium ~ecurrd hereby shall rema~n ~n full tarce anJ eBect as i( no xrcclrrahun had cxcurrrJ. 20. AssiRoment ot Rents; Appoinlmenl of Recei~er. A~ adduii~nal ucunty hercunder. Bo~rower hereby a.tig~c to Lrndrr the rc~~~ at Ihr ('mperty, providrJ that B~~rruwcr ~hall, prior a. accrleration under paragraph 18 herc~f or abandon- m~n~ uf ~he Pro~krt~•, havc thc r~ght ta c.~llcct and retain such rcntti as th~y becomc duc a~a ~ayahi~. U~x•n arcclcration unJer paragraph IR hereuf ur ahand~~nment uf the Property, l.ender shall be entitled t~ have a «tirivcr ;~p~xanted hy a~ourt to entrr uExm, take ~~se,~ion ~~( and manage the Property and ta c~llect the rents of the ProEx-h, including th~nr past due All ~rnl, collrcted by the rereiver ~hall he ~pplied first to payment of the costs of man~gemcnt af the Propert~ and coUrction of rem~, mcludin~, hut n~~~ hmited to, receiver's fees, premiums on receiver's hunJ~ a~d reasanahle attorne}~'s fec+, and ~hen tu the sumti secured by thii rlortgage. "lhe rtceiver shal) be liable to account only tor thosc rents actuall~• receivcd. ~ 21. Future Ad~•ancea. U~x~n rcyuect bp Borrowrr, I.endcr, at Lender'~ option w~thi~ twenry years from the Jate ot ihis 1lortgage, ma}• make Fuwre Advances to Bormwer. Such Future AJvance~, with interest thereon, shall he secured by this \tortgage when evidenced h}• promus.~ry note~ statmg th:~~ ~aid natr~ are .ee:u~ed hereh}•. At no time shall the principal ~mouot o( the indehtedness .er.ured by thi~ MO~Ig:IRI', not including ~ums adcanced in accordance herewith to protect tho secunt}• ot ~hi~ Mo~tga~e. rticeed thr onginal :~m~,un1 ~~f thr I~ote plus USS. ~.Q.4~Q•.00 . . . . . . . . . . . . . • : • - 22. Release. Upon payment of •rll sums secured by this [~tongage, l_ender shall rclcate this Mortgage without charge to Bor~ower. Borrower shall ~ay all c~nts of recorda~~~~n, ~f any. 23. Altoroey's Mees. As u~cd in th~s Mortgage and m thr No~e. "a~torne~•'s (res" shall mcludc attorncy's fees, it any, w•h~ch ma}' bc awarJcJ b}• an ~ppclla~c coun. IN WITNESS •WNERF.OF, B~rrowcr has cxccutcd Signcd, scalyd and delivered in thc Drrsencc of: . . . . j~~l~/L~.. " .,;~~ ~?~' 22 . . . - - • • / /~ ` ,j J ~ - .(..,~jEC~-. ~?i ~-~1~~ . .~ . . . . . Ihis Mortgage. ~ 1 ' ~ . . ~ . . . . . . . . (Seal) Donald W. Roll, a/k/a Donald Roll ~onower ..........................................cSea~~ -Borrower STATE OF FLORIDA, . . . _ . . _ .~AI~. ~~Cr~ . . . . . . . . . . . . . . . . . . . . .COU(Ily SS: 1 hereby certify that on this day, txfore mr, an oflicer duly authoriud in the state aforesaid and in the county aforesaid to take ac{;nowledgements, p~rsonall~~ appeared. ~~. Wr. ~~e . allc/a DONAI,D, ROLL, ..,, .a .S1~91~. Per~4~ . . . . . . . . . . . . . . . . . . .. to mc known to he !he pcrson( s ) described in and who executed thc foregoing instrument and acknowlydgrJ befc~rr me that. .. ....~_ ....executed thc same for the purpose therein expressed. _ Trtess m h~ynd and o~cial scal in the county and statc aforesaid this. ..... ~ ,'_"." ~ . . .~.~: ~.~ :1).~..4t t.~ • • - - • - • • , 19 80 : / ~ . . . . . . . . . ... _ . ~.=d~y~of • . , ~ ' ' ~~~ ~ •l'' 1e. ~ ~~ ~ ,' . My Commission exp~res: ~ c•' ~ , \ ' '~ ~' •Q' ', ~d - . y. ~. ~- - - • • : ~ • ~\'f!!C..A~~/1L' J 'pc _ . . . . . ~1.•:''~_ "' "~- . . . . . ~ { . i .t ~ r • i: [SNIJ Notary Public ~! ~0~.~ • ~ ' ~: _ . . "',;x-`Q ~`p - ,f Ft_,.::4a ac I zr~e v...'~ ~, ~ O ;J~ca-c ~~ `~'•i'• ~c"` _~. , ~`%'t3 _ - SL,:S . ~tc G.:^...~ . f ~ ..hnsun:x,Clirlc.(na `~`° -. ~ Bun.:_ utiituuyy:i'....t:1t.: Jti3 (Space Below Th~s line RescnM For lender snA Recorder) 19~I J; w- 9 PH 3~ I 8 -n t o ~tir «~ct~~t ~ . s~ ~uc~t ceu:rr.r~a. RCG~F PCI e"ftAS CtEflK C3?C~lT COL~ ~ ~ oi,. - ,c; c ... ~ ----- ~;"••_ ... , _ _ . . , . 512485 $~ K3~s PSGE~oz~