HomeMy WebLinkAbout0650prior to e~try of a judgment eoforcing ~his M~~rtg•rge if ~ 1 a) Borrower paya t.enJer all sums which would he then due under
~his Morlgagc, the Nole and ~otes securing Fuwrc Adv~nres, if any, had no acceleration occurred; Ih) Borrawer cures
all breaches af any other cavenants nr agreemcnts o( Borruwcr rnn~aincd in this Morlgage: (c) Barrower pays all reasonable
expenses incurred by 1_endcr in en(orcing ~hc covenan~s and agrcrments af Barrower containcd in ihis Mortgage and in
enforcing l.endcr's remedies as provided in pa~agraph 18 herc~~i, mcluding, but not limited to, rca~onable altorney's tees; and
Id) Borrower takes such ac~ion as l_ender may reasonahly reyuire ta assure tha~ the lien o( ~his Martgage, l_ender's interest
in the Property and Barrower's ohligation to pay Ihe ~ums secured by ~his Mongage ~hall conlinue unimpaircd. Upon such
pnyment and cure b~~ Barrower, this Martgage anJ Ihe obl~gations secured hereby shall remain in full torce and efTect as it
no accele~ation had accurred.
20. Assigomeot ot Rents; Appointmenl of Rece3~er. A. adJ~tiunal cecurity hereunJer, Borrower hereby aticignc to
I.cnder the rcnts of the Praperty, pmvideJ tha~ Borruvvcr shall, prior tu accelcration under parrg~aph 1R hercof .~r abandon-
m~nt ~~f the Prope~ty, have the right to colla:~ and ret:+in such reM~ as ~hey become due anJ payable.
U~n acceleration under paragraph IR hcreu( or ahand~~nmc~t o( the Prupcny, l.e~der shall hc entiNed to have a
receiver ap~inted by a court to enter u~n, take {x~s~r»iuo of and manage the Prape~ty and to collect the reots of the
Prcpe~ty, including thcxe past dur. All rent~ rollecteJ by the receive~ ~hall be appliecl fint to payment ot the co~ls of
management of the Propert~• and cull~ctiun ~-( rrnh, mcluding, hu1 nut limitcd to, receiver'~ fee~, premiums on receiver's
txmds and reasonable attorne)~'s feea, and then to the ~umt ~ecured hy thi~ Mortgage. The receiver ~hall he liable to accour.t
only lur ~hose rents actually received.
21. Futurc Advances. U~x~n reyurct h~ Bu~rowrr. I.cnJ~r, at~l.ender'. opt~on within twenty years from the date of this
~tortgage, may makc Fuwre Advanceti to Borruwer. Such Fu~ure Advance~, with interetit ~hereon, shall he secured by thii
~turtgage when evidenced by promi»ory note. ~tat~ng Ihat ~aid notc. arr ~rcured hereh~~. At na ~ime ~hall the princ~pal
amount of the indebtedness secured by thi+ 111~~rtgage, n~~~ ~ncluding ~um~ advanced in acrnrdance herewi~h to pratect ~he
xcutiry of Ihis I~lortgage, e~ceeJ the original amount ot the Note plus USS r~ 5~~ ~ ~
22. Releau. Upc~n payment of all sumc +rcured by ~his Mortgage, I.ende~ shall re~ease this Mortgage without charge
to Borruwcr. Borrower ahall pay all cu~~~ of recorJatwn, it ~ny.
23. Attorney's Fees. As u.cd in this Mungagr and m thr Nute. "att~~rncy's fccs" shall include attorney's (ees, if any,
which may tx awarJed by an appcllatc court.
IN WITNESS WHEREO~;-BOffOWCf F13s C!ciCUll'l~ lllls hlortgagc.
Signed, scalyd and deliv rcd
in th~ ~rrscncc ot:
\ /{' 7I I~/~
1_ / /~~~/*~~l~\ , /~L/~~~ _
~ ~ ~ ROBERT ~:. UP r 1 LL
~,- ~~y~ • ~Qa~ ~ .
/ LOIS N. UPSTILLt/
($C3~~
-so..~~.
(Scal)
---sa-~~.
(Seal)
-eo..onre.
(SCB~)
-Borrower
($Ca~~
-eortower
(SeB~)
-Bo.rowc.
STATE OF FLORIDA. ST . LUC ( E
County ss:
1 hcrcby certify that on this da}', txforc m~, an oNirrr dul~ :-uthc~rizcd in th~ statc aforesaid and in thc ~ount}~
a(oresaid to takr acknowlcdgrmrnt.. FxnonaUy app~:ared
ROBERT k'. UPST I LL AN~ !.C I S N. UPST I lL, H 1 ~ ti~ I FE
, w me knuwn to tx thr ~rson(s) described in and who exrcuted the
foregoing instrument and acknowlcJgrd befe~rr me thet THEY rxecutcd the same (or the purpose therein
expressed.
W~TtvESS my hand and official sral in the c~unt}• and statr aforesaid this J 18TH day of
FEBRUARY ,19 81 ~
My Commission exp~res: ; ~,d~~~~~Q~ ~~O ~
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[~I] ~ ~l~f~lf-fPublic -' +~ ' ~~~ ~
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MI- taw~iMio~ ~~ir i~~ 2,~~~'~f g~~~l~:~f
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(Spsce Below This Line Resened For LenCet snd Recorder)
FLORIDA DOCUMENTARY STAMPS AFFIXED TO ORIGII~AL NOTE AND CANCELLEO
6~oK349 P~~E 651
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