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HomeMy WebLinkAbout1865~.~• ~ . j :1, , .•~!# t:'t . prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender a11 sums wh~ch would be then due under this Mortgage, Ihe Note and notes securing Future Advances, it any, had no accelerat~on occurred, (b) Borrower cures all breaches of any other covenants or agreements ol Bo~rower contained in this Mortgage; lc) Bo-rowe~ pays all reasonable expenses incurred by Lender in entorcing the covenants and agreements oi Borrower contained in this Mortgage and in enforcing Lenders remedies as provided in parag~aph 18 hereo(, includ~ng, but not lim~ted to, reasonable atto+neys fees. and fcfj Borrowe- takes such action as Lender may reasonabiy ~equire to assure that Ihe iien oi this Mortgage. Lenders ~n- terest in the Properry and Borrowers obligation to pay the sums secured by this Mortgage shall continue un~mpa~red Upon such payment and cure by Borrower, this Mortgage a~d the obligations secured hereby shall remain ~n tult force and ettect as if no accete~ation had occurred. ZO. Assi~nm~nt of Renb; Appolntment of Receiver. As additional secur~ty hereunder, Borrower hereby ass~gns to Lender the rents of the P~operty, provided Ihat Borrower shall, pnor to acceleration unde~ paragraph 18 hereol or abandon- ment of the Property, have the right to collect and retain such renls as they become due and payable. Unon acceleration under naraqra~h 18 hereot or abandonment of Ihe Proc~rtv. Lender shall Lp entdled to have a receiver appo~nted by a court to enter upon. take possession ol and manage the Property and to couect the rents ot the Property, includ~ng ihose past due. AII rents collected by the recerver shall be appl+ed f~rst to payment of the costs ol management ot the Property and collect~on ot renis, includ~ng, but not lim~ted to, rece~vers fees. prem~ums on rece~vers bonds and reasonabte attorneys fees, and then to the sums secured by this Mortgage. The rece~ver shail be Ifable to account only for those rents actually received. 21. Futuro Advances. Upon request by Borrower. Lender, at Lenders opt~on w~thm twenty years Irom the date ot th~s Mortgage, may make Future Advances to Borrower. Such Future Advances, w~th ~nterest thereon, shan be secured by this Mortgage when evidenced by prom~ssory notes staUng that sa~d notes are secured hereby. At no time shall the pr~nc~pal amounl ot the mdebtedness secured by this Mortgage. not ~ncluding sums advanced ~n accordance herew~th to protect ihe security of this Mortgage, exceed the ongina~ amount ot the Note p~us US5 -'- 43200. 04 --- 22. Release. Upon payment ot all sums secured by this Mortgage, Lender sha~1 release th~s Mortgage without charge to Bonower. Borrower shall pay all costs of recordat~on, if any. 23. Attomeys Fses. As used in this Mortgage and in the Note. "attorneys fees' shall include attorneys tees. ~I any. which may be awarded by an appellate court IN WITNESS WHEREOF. Borrower has executed th~s Mortgage. S~gned, seated and delivered m the presence ot: ~ ~' ~ „ - ~ -!~ .v-- •' IC 6L- ~:~ " •s',-`, ' ~- ~ Sea!) " GI~HEI2T G ~.~~~.~/ ~.~~~~ . ~~. ~ ~ \ ~ Lr~~ ' ~ ~---tseaq (,I, ETTY J. G NER - ISea4 Sea4 STATE OF F~ORtDA. County ss. MARTII~! t hereby certity that on this day. t,efore me. an off~cer duly author~zed ~n the state aforesa~d and ,n the county aforesa~d to take acknow-edgements, personaily appeared GILbEkT GEITNER AND FtETTY J. GEITNER. HIS WIFE . to me known to be the persoMsl descr~bed ~n and who executea the lorego,ng ~nstrument and acknowledged betore me that Bo-rower executed the same for the p~~rpose therem expressed. . WITN~SS my hand and oft~c~ai seal ~n the county and state aloresa~d th~s 12TH ~ay ot i~IARCH . ~ g 81 AA ~'~~~st'~1mrMa~'+p!'t expires: ~' ~ i '~ ., '`C.? •~ . ,~C. ,~ ~~~ * ~ - .` 9 i-, ~. _ ._a ~- -- ~ . - ~ / +; !i ~c~C.~ W ~~ otary Pubhc ISpace Below T~~s L~ne Reserved fo- Lender and Recorder- 1 t{t ~~.~3~iD P~t1 • A-309B 6-79 i z t':u:;:~:.. -