HomeMy WebLinkAbout0230prior to entry of a judgment enforciog this Mortgage it: la) Borrower pays Lender all sums which would be then due under
this Mortgage, ihe Note and ~otes secu~ing Future Advances, if any, had no acceleration occurred; (b) Borrowe~ cura
all breaches of any other rnvenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the rnvenanu and agrcements of Borrower contained in this Mortgage a~d in
enforcing Lender's remedies as provided i~ paragraph 1R hereof, including. but not limited to, reasonable attorney's fees; and
(d) Borrowe~ takes such action u Lender may reasonably requir~ to assure that the lien of this Mortgage. Lenders interat
in the P~operry and 8orrower's obligation to pay the sums secured by this Mortgage shall co~tinue unimpaircd. Upon such
payment and cure by Borrower~ this Mortgage and the obligations secured hereby shall remai~ in full force and eftect as if
~o acceleration had occurrcd.
20. As~nmeat of Reat~ Appolntmeat of Recetver. As additional s~curity hercunder, Borrower hereby assigns to
Lendor the rents of the Property, provided that Borrow;,r shall, prior to acceleration under paragraph ! 8 heroof or abandon-
ment of the Property, have the right to coUect and retain such rents u they become due and payable.
Upon acceleration u~der paragraph 18 hercof or aba~donment of the Property, Lsnder shall he entitled to have a
receiver appointed by a court to enter upon. take possession of and manage the Property and to collect the rents of the
Property, i~cluding those past due. All rents collected by the receiver shall be applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's
bonds and rcasonable attorney's fees, and then to the sums secured by this Mongage. The receiver shall be liable to account
only for those rents actually received.
21. Future Advaacea. Upon request by Borrower. Lender, at Lender's option within twenty years from the date of this
Mortgage, may make Future Advanca to Borrower. Such Future Advanccs, with interest thereon, shall be secured by this
Mortgage when evidenced by promissory notes stating that said nota are secured hereby. At no time shall the principal
amount of the indebtodness ucured by this Mortgage. not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS. . . . • . . .~~A . . . . . . . . . . . . . . . ..
22. .Rela~se. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attorney's Fees. As used in this Mortgage and in ihe Note, "attorney's fees" shall include attorney's fces, if any,
which may be awarded by an appellate couR.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALLOON
Signed, sealed and delivered DUE UPON MATIJRITY IS $27, 360.00, TOGETI~IER WITH ACCRUED INTEREST,
in the presence of: IF ANY, A.~1D ALL ADVANCEMENTS E B THE MORTGAGEE UNDER THE
' TERAiS OF THI S MORTGAGE . ~
r- ~'YZ c~: ~~/,a ~ ~~'.~_.._.~'--? :j: ~:'a :,'l~' ~`.?~j. . . . . ' ' LO~JY S ~J ~ I . . . . . . . . . . . . . . . . . . . . . . . (Seal)
-$orrowe.
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. . . . . . . . -.~. . ~' `"`~C~' . . . ~. uG-~y?'!?~ . . . . . . . . . .~l ~ . . . . . . . . . . . . . . . . ($CaI)
~Y % ~ ANNA L. SAVINI ~O"'O1A1~'
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STATE OF FLORIDA, . . . ?`~~lXt~c~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .County ss: .
I hereby certify that on this day, before me, an of~'icer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared .. I.QUis . J.. Savini . and Anna . L.. Sauini, .....
, , his ,wife, , , , , , , , , , , , , , , , , , , , , , , , ,, to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that. .. .~hey. .. ...executed the same for the purpose therein
expressed.
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WiTxess my hand and official seal in the county and state aforesaid this . . . . . . . ~ . . . . . . . . . . . . . . . day of
. . Mazch . . . . . . . . . . . . . . . . . . . . . . . .. 19. 8L . ..
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