HomeMy WebLinkAbout1897~M..• L
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p~or to entry of a jud~ment entorcin~ this Mortga~e i(: (a) Borrowe~ pays l.eodc~ all sums which wouid be then due under
tha Monpje, the Note and nota securing Futuro Advanca, it any, had no acceleration occurrcd; lb) Borrower cura
all breaches of any other covenants or a~raments ot Bo~rowe~ contai~ed in this Mortgage: Ic) Bormwer pays all reawnable
expensa incurted by Let~der in en[orcins the covenAnts and agreements ot Botrower contained in this Mortgage and in
enlorcing Lender i remedic~s aa provided in paragraph 18 heteo(, including. but not limited to. reuonable attorney's faa: and
(d) Borrowe~ takes auch action aa Let~de~ may rcasonably rcquire to assure that the lien of thi~ Mortgage. l.ender's interat
in the Property and Borrower's obligation to pay the sums securcd by this Mongage shall cootinue unimpaircd. ~Upon such
payment and cura by Borrower. this Mortpge and the obligations secured hercby shall rcmain io full (orce and ef[ect u i(
eo accekntion had ocenrred.
20. Aad~wo~eat d ReNq Appoiat~ned ot Recelve~. As additional security hereunder. Borrowe~ hercby assigns to
Lender the renu of the Propeirty, providcd that Borrowtr shall, pra~ to acceleration under parag~aph 18 hercot or abandon-
ment ot the Property. have the right to colkct and retain such rents u they become due a~d payable.
Upon accelention under paragraph 18 hereof or abandonment of thc Properly. l.ender shall be entitled to have a
receiver appointed by a oourt to enter upon. take poasessioo ot and manage the Property and to collect the rcnts of ihe
Property. including tl~o~e pa~t due. All rc~ts collected by the rcceiver shall be applied first to payment of the costs ot
management of the Pr+openy and collection of renu. including, but not limited to. receive~'s tees, premiums on raeive~'s
bonds and reasonabk attorney's foes. and then to the sums xcured by this Mongage. 'il~e receiver shall be liable to account
only tor thaae rcnu actualty ~eaived.
21. Fetore Advaaces. Upon request by Borrower, i.ender, at Lender's option withi~ twenty yean fmm the date of this
Mortgage. may make Future Advanoes to Borrower. Such Future Advances. with interest theroon. shall be secured by this
Moridage when evidenced by promissory nota stating that said nota are secured hereby. At no time shall the principal
amount of the indebtednas secured by this Mongage, not including sums advanced in accordance herewith to protect the
security ot this Mortgage. exceed the original amount of the Note plua USS. . . . . • . • - • • • • • • • • • • • • • • • • • • •
22. Rdeare. Upou paymeat of al) sums sccured by thi: Mortgage. Lender shall rekase this Mortgage without chuge
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Atto~ey's Fees. As used in this Mongage a~d in the Note, "attorney's fcei' shall include attorney's fees, if any,
which may be awudod by an appellate court. _
IN WITNESS WHEREOF, Hormwcr has executed this Mortgage.
Signed, sealed d delivered
in the D .,of: _~_
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`, .i~~~%~.... . .... .......................(Seal)
ert M. Si l sbe --~~
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/ Velma Silsbe -~«~
STATE OF FLORIDA, . . . . . . . . . .SL.. L1lC~e . . . . . . . . . . . . . . . . . . . .County ss:
I hereby cettify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared. . RQ~ert. M.. S.i.~Sb@. d11l~ 1l@ItQd. $~ 1S,he, ......
. .. fL1S .Ntfe . .. .. .. .. .. .. .. . . .. .. . . .. to me known to be the person(s) described in and who eaecuted thc
foregoing instrument and aclcnowledged before me that . xh~.'y. ........ eaecuted the same for the purpose therein
expressed.
W~TrrESS my hand and ofi'icial- seal in the county and state aforesaid this . /. ; . .~~tn . . . . . . . . . . . . . . day of
. . . . . . . .Jaauary . . . . . . . . . . . . . . . . .. i9. . ~1.. ~~. ` ~ .
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My Commission expires: ~
Notary P~bl~c, 51ate o; Fl~~~d.i a!largA . . . . . ~ . . . `~ . . . . . . . . . . . . . . . . . . . . . . . .
Ny C~m~iDn C..;::ras O_t. t:, 1484 ~,ry ~~
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