HomeMy WebLinkAbout1816ptior to entry of a judgment enforcing this ~tartgage il : 1 a) Borrower pay~ I.enJc~ all +ums which wou1J be thcn duc under
this Martgage, the Note and notes securing Future Advanc~y, if any, had no acceleration a:curred; Ih) Borrower cures
all breaches of any other covenants or agreements ot Borrower,contained in this Mongage; (c) Bo~rower pa~~s all reasanable
expenses incurrod by l.e~der in enforcing the covenants and agreements of Borrower co~lained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph IA hercaf, including, but not limiteci to, reasanable attorney's fees; and
Id) Borrower takes such action as Lender may reasonably reyuire to assure that the lie~ of this Mortgage. l.e~der's i~terest
in Ihe Propeny and Borrower's obligation to pay the sums secured by ~his Mongage shall continue unimpaircd. Upcro such
payment a~d curc by Borrower, this Mortgage and the obligations secured hereby~ shall remain in full force and effect as if
no acceleration had occurred.
20. AssiRnmeat ot Reat~ Appointmeat of Receive~. Ac additional security hereunder, Borrower hereby assigns to
1_ender the rcnts of the Property, provided that Borrower shall, prior to acceleration under paragraph 1 R hereof or aba~do~-
ment af the Property, have the right to collect and retain such rents as they become due and payable.
Upon acceleration under paragraph 18 hereof ar abandonment oi the Property, Ixnder shall be entitled to have a
receiver appointed by a court to e~ter upon, fake possession of anJ 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 af the costs of
management of the Propeny and collection of rents, including, hut not limited to, receiver's fees, premiums an receiver's
twnds and reasonable attorney's fees, and then to the sums ~ecured by this Martgage. The receiv~r shall be liable to account
only for those rents actually received.
21. Future Advaaces. Upo~ rcyuest by Borrowc~, l.ender, at l.ender s optian within twenty years from thc datc of this
Atortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall tse secured by this
tilortgage when evidenced by promissory• notes stating that said notes are secured hereb}•. At no time shall the principal
amount of the indebtedness secured by this 1~lortgage, not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS . ............ p9.~.8 ~~~ ...:
22. Release. Upon payment of all sums secured by this Mortgage, Lender shall release th~s ~ortgage w~thout charge
to Borrower. Borrower shall pay all costs of record;-tion, if any.
23. Attorney's Fees. As used in this Mortgage and in thc Notc, "attorney's lees" shall include attorney's fees, if any,
w~hich may be awarJed by an appellate court.
IN WITNESS WNEREOF, Borrowcr has cxrcutcd this Mortgagc.
Signed, sealed and delivered
in the presence of:
l ~ .
. . . ....~ ~.U.---...... .. .
i~
~.,(,l~~t -~: . . . . . . . . . . . . - • - - - - : . . . . .
..... ...... . .. . ... ...cs~~~
Neal . Hall °fOWef
. . . . . ~~l..L~vE . . !./. : . . . . . . . . . . eQij.
Christine B. Hall -B°na"K
STATE OF FLORIDA . . . . . . . . . . . . . . . . .~t. • j,ly(;j,@ - - . . . . . . . . . . . .COUllty SS:
I hereby certif~ (hat on this day, brfore me, an oflicer dul}' authorizrd in the statr aforesaid and in the county
aforesaid to take acknowledgements, penonally appeared . . . . . . Ne~,l.e .R . . Ha11, and . . . . . . . . . . . . . . . . . . . . .
• - •ChFistit~e •B. .i~alL . . . . . . . . . . . . . .. to me known to be the pcrson(s) describcd in and who exrcuted the
foregoing instrument and acknowledg~d befor~ mc that. .. .tbey. .....execut~d the same fur the purpose therein
expressed.
W~TtvESS my hand and official scal in th~lwnt~~ and statc aforccaid this. . . . . ~ . . . . . . . . . . . . . . . . .day of
. . J anua~'3! . . . . . . . . . . . . . . . . . . . i 9 . . . . . . .
•~ i
M~+~i1i ~,Bxpires: ~~~.~.r_
~~v~`~`~_~~~~~, ,,' pUBIIC STATE OF FLCRID~M ll1RC~f ~~ ' . . . . .Notary Public . . . . . . . . . . . . . . . . . . . . . .
: ,~
:`~~' ' `.y~,~' ~! ,~ C~~SS~GN ~,,.ka .v~~i 21198~
~ : • '~ u . ~ • .: .: 1~1 G~v[w'~ i ~.~ . ~~~iRWR1Tf~
,,~ `..;
-( +~
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(Spate Below This Line Reserved Fo~ Lender and Retorder)
8~~K34~ P~~t18i2
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