HomeMy WebLinkAbout0909• i 1
l .; ~ .
~; +
pna to entry ot a judgment enlorcing this Mortgage it (~ Bortower pays Lende- all sums which would be then due unde-
this Mortgage, the Note and notes secu~ing Future Advances, it any, had no acceteration occurred; (~ Borrower cures
all breaches ot any other covenants o-ag~eements of Borrowercontained in this Mortgage;1~18orrowe- pays all -easonable
expenses incuned by lender in entorcing Ihe covenants and agreements ot 6orrower contained in this Mortgage and in
enlwcing lenders remedies as provided in pa~agraph 18 hereot, including, but not limited to, reasonable attorneys fees:
and (d} Borrower takes such action as Lender may reasonably ~equire to assure ihat the lien ot this Mortgage, Lenders in-
lerest in the Prope-ty and Borrowers obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon
such payment and cure by Sorrower, this Mortgage and the obl~gations secured hereby shall remain in tull torce and etfect
as ~t no accataration nad occur~ed.
20. Assl~~msnt of A~nts; Appolntm~nt of R~celv~r. As additional security hereunder, Borrowe~ hereby assigns
to lender the rents of the Property, provided Ihat Bonower sha11, prior to acceteration under paragraph 18 hereof orabandon-
ment o1 the Property, have the nght to collect and retain such rents as they become due and payable.
Upon acceleration ur.de- paragraph 18 hereof or abandcnment ot the Property,•Lender shall be entitled to have a
rece~ver appointed by a coun to enter upon, :ake possession ot and manage the Property and to coUect the rents oi the
Property, including those past due. All rents coltected by the receiver shatl be applied first to payment of the costs of
management ot the Property and collection of rents, including, but not limited to, receivers fees, p-emiums on -eceivers
bonds and ~easonable attorneys tees, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rents actually received.
21. Futuro AdvanCes. Upon request by Borrower, ~ender, at Lenders option withm twenty years trom the date ot this
Mortgage, may make Future Advances to Borrower. Such Future Advances, w~th mterest thereon, shall be secured by this
Mortgage when evidenced by promissory notes stating that said notes are secured hereby. A1 no time shall the principat
amount ot the ~ndebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
securiry ot this Mortgage, exceed the original amount ol the Note plus US~ '- -- ; 116500 . 00 ---
22. R~I~as~. Upon payment ot all sums secured by this Mortgage. Le~der shall release this Mortgage without charge
to Borrower. Borrower shafl pay atl costs ot recordation, if any.
23. Attomey's FNS. As used in this Mohgage and in the Note. "attorneys fees" shall include attorneys fees, it any,
wh~ch may be awarded by an appeliate court.
IN WITNESS WHEREOF, Borrower has executed th~s Mortgage.
Signed, sealed and delivered
~n the presence ot:
~
~1.~iLic, .~~/ ~,c,Gta~x.~o'~
G
Seal)
STATE OF FLORIDA. County ss: MAFtTIt~!
1 hereby cert~fy that on th~s day. before me. an otf~cer duly author~zed ~n the state aforesa~d and ~n the county
aforesaid to take acknowledgements. personally appeared
ROBERT E. FfAKEk, AN UNMAFkIEU MA~!
. to me known to be the person~s- descnbed ~n and who executed the
foregomg mstrument and acknowledged before me that Borrower executed the same for the purpose there~n
expressed.
WITNESS my hand and otfic~al seal ~n the county and state aforesa~d th~s ~TH day ot
~_~';i~ ~ . 81
_'~C~'_. ' J~" . .'.s .
M~IQ~r~i~o~" res:
~ ~' . . ' `.~ t. ` ~1-19-~1
~ i{ ..
ea~c: ? • •t t
' ~ + _ •~' .
~ ~ ~ . . *f
~ ~Y+~ , ~ ` •, ~
•t'~~~ 'l • ~ _!
`~ Y
_w`. V
`~s Y "
.19
~
~~~~ ISeaq
. gAKER
(Seaq
1~- ~c.~
~c
(Space Below Th~s L~ne Reserved for Lender and Recor~erl
r- l - ~°, .~~it~Z
~:lGtr~~t Yy ~ • "t_ •-J•Y ~
' RENEGOTIABLE RATE FFMC (6/80)
3`1~;K •J5U F~GE c7O0