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prior to eniry of a judgment enforcing this Mongage if: (a) Borrower pays Lender all sums which would be then due under
this Mongage. the Note and notes securing Future Advances, if any. had no aoceleration occurred: Ib) Borrower cura
all breaches of any other covenants or agnements of Borrower contained in this Mortgage: (c) Borrower pays all reawnable
expenses incurred by Leader in taforcing the rnvenants and agraments of Borrower contained in this Mortgage and in
eaforcing Le~der's remedia aa provided in pa~agraph 18 hereof. including, but not limitod to, reuonable attorney's tees; and
(d) Borrower takes such action u Lender may rcasonably require to assure that the lien of this Mortgage. Lender's ioterat
i~ ihe Pwperty and Borrower's obligation to pay the sums securcd by this Mongage shall continue unimpaired. Upon such
paymrnt and cure by Borrower, this Mortgage and the obligations secured hereby shall riemain in (ull force and efiect as if
no acceleration had occurrcd.
20. A~na~eat ot ReaM, Appoiatmeot of Receiver. As additional security hercunder, Borrower hereby assigns to
Le~der the rents of the Property. provided that Bomowar shall, prior to acceleration under paragraph 18 hercof or abandon-
ment of the Property. have the right to collect and rctain such rents as they bocome due and payable.
Upon accelention under puagraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a
receiver appointed by a oourt to eater upo~. take possession of and manage the Pwperty and to collect the rents of the
Propeny. including those past due. All re~ts collocted by the receiver shall be applied first to payment of the costs of
managemeni of t}we F~}~trry ~nd tti~itection of r~nts, itK.ii~.~ing, but nat fimite3 ta, r~ei~er's ft~, premiurtu an reteire:'s
bonds and reasonabk attorney's fas, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rcnts actually received.
21. Future At~vaaces. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this
Mortgage, may make Futurc Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this
Mortgage when evidenced by promissory nota stating that said notes are secured hereby. At no time shall the principal
amount of the indebtedness socursd by this Mortgage. not including sums advanced in accordance herewith to protect th~
security of this Mortgage. exceed the original amount of ths Note plus USS. . . . - • .I'I~N- . • - . • • • - • • • • . • • • • •
22. Reka+e. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrowcr. Borrower shall pay all costs of rccordation, if any.
23. Attorney's Fees. As uscd in this Mortgage and in the Note. "attorney's fces" shall include attorney's fees, if any.
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borcower has executed this Mortgage. .
THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALLOON
Signed, sealed and delivercd DUE IIPON MATURITY IS $18, 680 .00, TOGETHER WITH ACCRUED INTEREST,
in the Dresence of: IF ANY, AND ALL ADVANCF1~iENTS MADE BY THE MORTGAGEE U NDER THE
TERMS OF THIS ORTGAGE. _ ~
u .`.~` ~2~yG~~~~~~`:~. . . . ~ . ~~~~s~~'. .~: ~ ff. ~.~ . . ..Q/1-., . . . (Seai)
- . ~ . ~~ WILL7AM R PATTIItSON, SR. . -~"a'"'~'
, . .,,~~.~~J ~-; ;:. . . :-. ~. .. ~`.~•. .~t'' ~: :!-!a : . 1.~..~~~'fG~:~Cr, . ~ . ./. <:'~G.lC:~'~L,,. . . . .(Seal)
• '~ BERNIECE E. PATTERSON -~"a"~'
STATE OF FLORIDA, . . . . . . MBX.t.~Il . . . . . . . . . . . . . . . . . . . . . . . . .COllllty SS:
I hereby certify that on this day, before me, an oH'icer duly authorized in the state afonsaid and in the county
aforesaid to take acknowlcdgements, personally appeared. . William i~., ,Pa tterson ,and Berniece, ,,,,__
., E~ ,Patterso~}, ,his, wife ,,,,,,,,,, to me known to be the person(s) described in and who eaecuted thc
foregoing instrument and acknowledged before me that ...they __,,~, .. executed the same for the purpose ther~ein
expressed.
WtrrrESS my hand and o~cial seal in the county and state aforesaid this . . . . . . . ~ ~a~. . . . . . . . . day of
. .Fg~t~N~Fy . . . . . . . .. . . .. .. . . .. .. 19 81 . . ..
~
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-•;'~ji L~ommission expires: - ~1~~ ~~~ /
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(Sp~c~ BNow This Lin~ R~s~nW For Ler~ and R~cord~d
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