HomeMy WebLinkAbout1265prior to entry of a judgment enforcing this Mortgage it: (a) 8orrower p~ys Lende~ all sums which would be thcn due ur~de~
this Mortaaae. t6e Note aad nota socurioa Futun Advanca, if aoy. had ao acceteration occurted; (b) Borrowet cura
all braches of any ot6er oovenants or aaroemencs ot Bornower contaioed in this Mortta~e; (c) Bormwer psys ail nasonable
~xPenses incumed by Lendet in enforcin~ the oovenagts and agroements of Homowe~ coatained in this Mortpge and in
a-forciaa l.eoder i remodies as provided in paagaph 18 hereot. including; but not limited to. rcasonabk attorney's tees: and
(d) Borrower tslca suc6 actian u Lender may reasonably require to assurc that the lieo o[ this Mortdage. Lender's iaterest
~~ tl~e Pmp~erty sod Bormwer's obligation to pay the sums securcd by this Mortaage shaQ continue unimpaired. Upon such
p~ayma~t ud ctue by Botmwe~~ this Mortgage and the obligations secural hereby shall remain in full force and effect as if
ao aooekntion had oocuned.
2~. A~dp~eN ot Re~ A~oi~t~eN of Ra~ceirer. As additanat security hercunder. Bomower hereby usigns to
I.e~de~ tbe rtnts of the Property. provided that Sorrower shall, prior to accckration under paragriph 18 heroof or abandon-
ment of the P~operty. have the right to cotloct aud rotain such reats as they becoax due and payabk.
Upon accekration under paragraph 18 heroof or abandonme~t of the Property, I~ender shall be entitlod to have a
roceiver appointod by a a-ourt to ente~ upon. takt pouession of and manage the Fmperty aad to colket the rents of the
Property~ ~ocludina thase pa~xt due. Al! rents collectod by the receiver shall be appliod first to payment of the coats of
maoa~ement of tl~e Pmperty and colkction of rcnts, including, but ~wt limited to, receiver's fea. ptemiums on roceiver s
bo~ds and oezsonabk attorney's fees, and then to the wms socurod by this Mongage. 'i7x roceiver shall be liable to account
o~ty for tuo~ee Rats s~ewUy ro«ivea.
21. F~t~e Ai*a~ces. Upon nequest by Borrowcr, l_ender, at Lender s option wilhin twenty yean from the date of this
Mortaaae, may make Future Advanoes to Borrower. Such Fu~urc Advaooa, with inttrcst theroon, shall be secured by this
Mort~e when evideooed by pmmissory notes stating that said notcs art secured hereby. At no tirtx shall the Principal
amouat of t6e indebtodnas securod by this Mort6age. rat includina sums advanced in accordance hercwitlf tQ protect the
securit~r of this Mort8a8e. exoood the original amouot of the Note plus USS• ----------------------..
22. Rekra Upna paym~ot of all wms sceurod by this Mongage, Lender shall rclease this Mortgage without chuge
to Borrowe~. Borrower s6a11 pay ail coats of rooordatioa. if any..
2.7- A»or~ey: F~es. As used in this Mortgage and in the Note. "attorney's fea" s1~a11 include attorney's foes. if aay.
which~may be awaniod by a~ appellate court. -
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IN WI'[NESS WHEREOF, Borrowef has executed this Mortgage.
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in tbe Dresenct of:
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frank t. Bechtol -awro...
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`~ ; Mar i 1 yn ~~. Bechtol -eoROw..
S7ATE OF FLORIDA, . - - - . . . . .~L . . Ll~~.! ~ . . . . . . . . . . . . . . . . . . . . .COUllty SS:
I hereby oertify that on this day, before m~:, an oft'icer duly authorized in the state aforesaid and in t6e county
aforesaid to take aclcnowledgements, personally appeared. . . . .Fr~ok. 4._~.~6Ghto~. .a4~. haX.~.1.Y4. F: . . .. . . .
_ . . . . Se~'J~toi .. h.i~ .wife . . . . . . . . . . . .. to me known to be the pcrson(s) described in and who eaecutod the
foregoing instrument and aclcrwwledgrd before me that. ...th~y. .._..executed the same for the purpose the~ein
tspr~essed.
, W~mess my hand and a8'icial seal in the county and state aforesaid this. . . . . . . . Stih . . . . . . . . . . . .day of
~_.- J,~uary. ...--•......_...,19.$t...
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