HomeMy WebLinkAbout2080prior to entry ot a jud~ment entorcins this 1Nonpge it~ (a) Horrowet pays l.ender all sums which would be then due uoder
this Monpse, the Note ~nd nota securin` Futuro Advanca, it aoy. had no acc~leration occurrod; (b) Borrower cutes
all breaches of any other co~enanb or a~reemeots ot Bo~ovve~ contsined in th~ Monpse: (c) 8ornower pays all reasonable
expenses incurrod by Leader in enforcina the covenagts and a~aments oI Bort+orve~ contained in this Mortp~e and in
enforcina Lsnder's temedia as provided in paragraph 18 hercot. including. but nM limited to. roawnabk sttorney's tas: and
(d) Borrowe~ taka wch action as l,ende~ may rcaso~ably rcquirc to auuro that the lien of this Mortpge. Le~der's interat
in the Propetty and Horrower's obligation to pay the wms sccurod by this Mortp~e ~all continue uaimpaired. Upon such
payment and curc by Borrower, this Mort~a~e and the obli~ations securod hereby shall rcmain in full fora aact eRect as it
no aocderation had occurted.
20• A~d~wed ot~Resb= AppohtmeN ot Recelver. As additional security hercunder. Borrowe~ hereby assigns to
[.e~der tbe rcnts ot the Property. provided that Borrower shall, prior to accele~ation ur~der puagnph 18 hereof or abandon-
menl of the Propeny. have the ri~ht to collect and retain such rcnts as tbey become due and payabk.
Upon accekration unde~ paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to have a
~ceeiver appointed by a court to enter upon. take possession ot and manage the Property and to collect the rents of the
Propeny. includina those put due. All re~ts collocted by ~he roceiver shall be applied firat to payment of the costs o(
management of the Property and collection ot reots, including, but not limitod to. receiver's fees. prcmiums on receiver's
bonds and rcssonabk attorney's fees. and then to the sums securod by this Mortgage. The roceiver shall be liable to account
only [or ~hose rents actually roaived. ~ .
21. F~t~u+e Ad~s~ca. Upoa request by Borrower, [_ender, a~ Lender's optio~ within Iwenty yean fmm the date of this
Motigage. may make Future Advanoes to BoROwer. Such Futua Adva~ces. with intercst thereon, shall be securcd by this
Mortgage when evideavod by promissory rwta stating that said notes arc socured hereby. At no dme'shall the principal
amount of the indebtodae:s secured by this Mortgag~e, not including sums advanced in aocordana herewith to protect the
security of th~ Mortgage. exoood the original amount of the Note plus USf • . . . . . . . . . . . . . . . . . . . . . . . . . ..
22. Reiare. Upcun payment of all sums socurod by this Mortgage. Lender shall r~elease this Mottgage without chuge
to Borrower. Borrower shalt pay aU costs of recordation. if any.
23. Altorsey's Ftn. As uscd in this Mortgage and i~ tFie Note. "attorney's foes" shall include attorney's foes, if any.
wbich may be awudod by an appellate coutt.
IN WITNESS WNEREOF~ Borrower has exccuted this Mortgagc.
Signed. sealcd and delivered
in the presence of:
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Willis H. Wheeler -a«~»..
.44~1~~?-: . . (~!.: . .':~/. ~~h: . . .. .. . . .(Seal)
Edna B. Wheeler . -ea~•••
STATE OF FLORIDA, . . . . . . . :. $t ~. ~e4C1~ . . . . . . . . . . . . . . . . . . . . .County ss:
I hereby certity that on this c1ay, before mi:. an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements~ personally appeared...Wi11is.H..Glheel.er.and FdnB.B........ ...
... In~eeler,. hi.s .wife . .... ........... to me known to be the person(s) described in and who executed the
foregoing instrumcnt and acknowledgcd be[~rc me that. .they -••••..cxecutcd the same for tbe purpose therein
espressed.
W~TNESS my hand and ofi~icial scal in the county and state aforesaid this. . . . . . . lbth• • • - • . • . • • • •day of
. . . Jaituary . . . . . . . . . . . . . . . . . . . . .. 19 $1. . ..
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