HomeMy WebLinkAbout2088priut to enlr~ of a ~uJgmen~ tnforc~ng th~s ~1or~g~~ if i a 1&~rroMer p.~~~ I.cnJtr ~II sum~ wh~ch v-cwld t+e thtn d~ie undet
this Aturtga~, thc I~ote and nutes securing Fuwre Ad~ ancr,, ~t ana•, h~d n.. ~c.zleraaoo occurred: 1 b 1 B~rruwer curc~
al) breachrs of any other cpvena~h o~ ag~renxnts of Borrower .~~nta~ned m ~h~t \longa~: ~c 1&~-mwer pays aU reasonahle
txpenses incurre~i by I_ender i~ entorang the rnvenants and ~g~eemtnts o[ Borrower co~ta~nctii in th~s lNartgage and in
rr~iurcing i.ender's remedies as prov~ded i~ ~ragraph IR herrof, ~nciud~ng, but nM limited to, reasonabk attorne)~'s [ees: and
1 d) B.~r~ower taka such action as l.endt~ ma~• rcawnably reywrc to aswre that the lirn o( this !11o-tgage. I_e~dei s ioterest
in the Property and Borrow•er's abligauo~ to pa~~ tht sums secured b~• this ~longa~r shall continue unimpaired. t;pon such
~yment and cure by Borrower, this Mortgage an.1 the obl~gauons secured hercb~• shall rema~n sn tull torce and eHect as if
nu acrclerauon had occurred.
20. Assienmeal oi Reatx AppoiMw~eat of Recei~er. As adduional sctiunt~ hereurxkr_ Borrower herebv atsie~s to
!_ender the rentc uf the Propert~~, pro.idc-~! that Born.wer shall, prk.r to xcelrration under paragraph 18 hercu! or abandon-
mrm oi ~he Pn~rty, have the righ~ to collec~ and rrtain such tents as the~~ become due and payable.
U pon acceleration ut~der par~graph 1 R he~a~t or ahandonment ~~f tht Proptrty, ~endet shall bt ~nt~tted to have a
receiver ap~~nted hy a couri to enter upon, ~akt possessa~n o( aod manage the Property and to collect the rents of the
Property, including thc~se past due. AU rents collectetii b~ the receiver shall tx applied 6rst to payment of the costs ot
management of the Property and rnllrrtion of rcnts. u-cludi~g, hut not lim~ted to, recei~•er's fces, premiums on recei~~er i
honds and reasonabk attorne~'s ttes, and then to the sums sctiured b~ th~s ~longagt. 71~e rcceiver shall be liable to account
only for those rents actuall~• recen•ed.
21. Feturt Ad~ancea. Upon reyuesl t-~ B.ir~owe~, l.ender. at 1_ender's o~+t~on w~thin tw~enty years from the date of this
Atongage, may maAe Future Advances to Borrow-er. Such Futur~ Advac-ces. w~ith intercst therec~n, shall be secured b} this
lfortgage whe~ evidenced by promisx-ry• notes stat~ng that said notrs are secured Ixreb~. At no time shall the princiwl
amount of the indebtedness secured by th~s ~longa~tt, not including sums ad.anced ~n accordance herev-ith to protect the
security of this Mortgage. exceed the on~nal amount of the ~ote plus USS-4~.r.-~.Q:~ . . . . . . . . . . . . . . . ..
22. Re{ezse. Upon payment of all sums securcd b~ th~s ~lortgage, Lender shaU rcleue this Mortgage without chuge
to Borrower. Borrow•er shall Qay all cosu of rerordatti~n, ~f an~.
23. Atloroey's Fees. As usrd in th~s ~lortgage and m ~he \otc_ "attorney's (ccs~ shaU ~ncludc attorney's ftes, if any,
which ma~• be aw•ar~ied by an appellate coun.
IN WITNESS WHtREOF, Borrov-~r has e!c~~uted th~c ~lortgage.
Signed, sealcd and delivered
in thc Dresence of:
: ~~o~
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a~ret •6. Da~
Y -eo..o..~r
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STATE OF FLORIDA. . . . . . . . . !'WFi.TII~ . . . . . . . . . . . . . . . . . . . . . . . . .Counc~ ss:
1 hereby certify that on this day, before m~, an ofTicer dul~~ authorized -in the state aforesaid and in the count}
aforesaid to take acknowledgcments, penonall~~ appeared. ~l~1~?GAR~T_ ~-. _D~LX,_ svt .uure~a~x.i.ed _widof+. ..
. . . . . . . . . . . . . . . . . . . . . . . . . . • - - - - - - - - .. to me knov-~n to be the p~rson(s) describc~d in and who executed the
foregoing instrument and acknow~ledg~d beforc me that ...sbe ___..__.~ zecut~d the same for the purpo~e therein
ea c~essed.
TrrESS my hand and official scal in the ccwnt~ and state aforesaid this _ _ ~ . . . . . . . . . . . . . . . . . . day of
. !~'.~~ .............. .19.81.
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(5psce Bebw T~is l~ne Rcse~ved Fo~ ttr~der snd Recorder) _
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