Loading...
HomeMy WebLinkAbout2957. ~ ~ ~ ~ ~ 1- , i i ~.~;. 1 prio- to entry ot a judgment enforcing Ihis Mortgage it (~ 8o~rower pays lender a11 sums which would be then due under this Mortgage, the Note and notes securing Future Advances, it any, had no acceleration occu~red; (b) Borrower cures all breaches ot any other covenants or agreements of Barower contained in this Mo-tgage; (c) Borrower pays all reasonable expenses incuRed by Lender in enforcing the covenants and agreements ol8onower contained in this Mortgage and in enforcing Lenders remedies es provided in paragraph 18 hereot, including, but not limited to, ~easonable attomeys tees; and (~ Borrower takes such actio~ as Lender may reasonably require to asswe that the lien of this Mortgage, lenders in- terest in the Properly and 6orrowers obligation to pay the sums seCUred by this Mortgage sha11 continue unimpaired. Upon such payment and cure by Borrower, lhis Mortgage and the obligations secured hereby shall remain in tull (orce and eftect as if no acceleration had occurred. 20. Assl~nm~nt of R~nts; Appolntm~nt of R~Iv~r. As additional secur~y hereunder, Borrowe~ hereby assi9ns to lender ihe ~ents ot the Property, provided that Borrower shall, prior to acceleration under paragraph t g hereof orabandon- ment ot the P~operty, have the right to collect and retain such rents as they become due and payable. Upon acceleration under paragraph 18 hereof a abandonment of the Property, Lender shall be entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents ot the Property, including those pasl due. All rents coltected by the rece~ver shall be applied first to payment of the costs of management of the Properry and collection of rents, including, but not I~mlted to, receive~s tees, premiums on receivers bonds and reasonable attorneys tees, and then to the sums secured by this Mortgage. The receiver shal I be liable to account only lor those rents actually received. 21. Futun Advanc~s. Upon request by Borrower. Lender, at Lenders option within twenty years Irom the date ot this Mortgage, may make Future Advances to Borrower. Such Future Advances, w~th fnterest thereon, shall be secured by th~s Mortgage when evidenced by promisso~~ notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not ~ncluding sums advanced in accordance herewith to protect the secunry of this Mortgage, exceed the original amount of the Note plus US~ '--- g ~0000 . 00 --- 22. R~I~ass. Upon payment of all sums secured bythis Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay a11 costs of recordation, if any. 23. Attomsy's Fe~s. As used in this Mortgage and in the Note. "attorneys (ees" shall +nclude attor~eys fees, if any, which ~ay be awarded by an appellate court. IN WlTNESS WHEREOF, Borrower has executed this Mortgage. S~gned, sealed and delivered in the presence of: -p~/'~I~~ rT "- ~ ~ / ~.~~~~'X ~ ~ iti!~ c~li C~'~~~-t~L~ ~ ~ r. : ,, / ~ ~~!~y~ lC __~ -1 ! ./ ~~• c~./ (Seaq . ~i'11~F:GAR~T MAY , ~ / 'i (Seal~ lSeat) (Seaq STATE OF FLORIDA. . • County ss: t'IAF:T I T~! I hereby certify that on this day, betore me, an off~cer duly author~zed ~n the state atoresa~d and ~n the county aforesaid to take acknowledgements, personally appeared t•1Af;GAFtET ~iAY, A~! UhF:EMARF:IEL~ ~ppy,~ . to me known to be the persoMsl described ~n and who executed the fo-egoing instrument and acknowledged before me that Sorrower executed the same for the purpose therein expressed. WITNESS my hand ond off~c~at seal m th~ county and state aforesa~d th~s 15TH day of I~NI IAF•~!_ . 19~. :,,,~;>>,~,r~,t //-iy-..~i ~. ^ , -::, M ~L rMSSi~~iir~s: X~_~`',. ..~,~~ _ -' ' ' ISea4 . ; ~ • /',~ - . ~- ~, ,~~ , . . "~ -_ - ;, n . . -. J,f j r,' . . • t t ~ ~z d~~ ~-- ~ ary ubl~c fSpace Beiow Th~s Une Reserved tor Lender and Recorder~ B!11K 346 PNGE 2~c~ ~ RENECiOTtABLE RATE FFMC (6/80) . ~ _ ._. . . '. _..._ ` c3