HomeMy WebLinkAbout1100prior to entry of a ~~~dgment cnforcing th~s M~~rtgage il : 1:~ 1 Borruwer pa~. l.en.icr all sums w~hich wuuld t~ th~n due un~er
this I-lortgage, the Note anJ notes securing Fu~ure Advanc~., it sny, had nu accclrration ~kcurred; Ihl Burrower cure~
all hreaches af any other cavenants or agreemrnts a( Burrower c~~ntained in thi~ !~tortgage: Ic1 Horruwer pa}'s a!I rea~onablC
expenses incurred by !_ender in enforcing ~he co~•en~nts and agreements of Borruwer containrJ i~ thi~ Mortgage and in
enforcing Lender's remedies as provided in parag~aph 18 hereof, including, but not limited tu, rcaaunahle attorne~~'s fees; and
(d) Borrower takes such action as I.CI1l~Cf t11:1y fC:l\Up3I1Iy reNuire to assure ~hat ~he licn of thic Mortgage, l.ender's interest
in the Properry and Borrower's abligation to pay the sums secured b}~ this ;1lortgagc shall ~ontinue unimp:rired. U{x~n such
payment and curc by Borrower, this Mortgage and the obligatiuns secur~d hereby shall remain in full fRrce and efTrct as if
no acceleration had occurred.
20. Asslgnmenl ot Rents; Appoiatmeat ot Recei~er. A: adJitional ucuri~~~ hcreunJcr, Borrowcn c~rcby a.~igm to
I_ender the rents of the Property, p~ovided th~t Rormw~r shall, prior to acceleration under prragraph 1R h~reof or abandon-
ment of the Properry, have the :ight to collect and retain such rents as they become due :+nd p•r~~able.
l;p.zn arceleration under paragraph iR hereof or ahai~donment of the Property, [_ender shall bc cnti~ied to have :~
receiver appointed by a court to enter upon, take posse~sion of and manrge the Property and to collect the rents of the
Property, including those past due. All rems collected by the receiv~r shaU be applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, receiver's tees, premiums on re~eiver's
bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. The recei~er shall be IiaMe to account
only (o~ those rents acwally received.
21. Future Advancea. Upon rcques; by Bormwcr, 1_endcr, at Lender's opt~on wi~hin twenty years (rom thc datc of this
Aturtgage, may make Future Advances to Borrow,er. Su.h Future Advances, with interest thereon, shatf he secured bv this
Atortgage when evidenced by promissory notes statiog that said notes are securetii hereb}•. At no time sh~11 the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the origin~l amol~nt of the Note plus USS ... . . . . . . . . . . . . . . . . . . . . . . . . . ..
22. Rekase. Upon payment oi all sums secured by this Mortgage, Lender shall release this Mortgage without charge
tc Borrower. Borrower shall p;~y all costs of recordation, if any.
23. Attoraty's Fees. As used in this Mortgage and in the Notc. "attorncy's fecs" shall inctude attorney's fecs, if any,
which may be awarded by an appellate court.
IN WITNESS WNEREOF, Borrowcr has executed this Mortgagc.
Signed, aled and deliveced '
in the esen of:
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Harol ~ E . Ki ndt -eoR~~-
.~~'l~~ ~~r. .~te!~:G.........(Scal)
Mar~y B. Kt~ndt -sa~•~~•
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STATE OF FLORIDA, . . . _ . . . . St... _luCi e . . . . . . . . . . . . . . . . . . . . . .County ss:
I hereby certify that on this day, before mr, an ofticer dul authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, prrsonally appeared.. .~dl"O~d..~._ _Kjndt. .and.t~.arty..fl. .Kindt.,....:-
.................
.__his wife .. .. ....... ... to me known to tx thc pcrson(s) describcd in and who e~ecuted thr
foregoing instrument and acknowledg~d beforr me that t~~~y. ......._~xecuted the same for the purpose therein
expressed.
W~TxESS my hand and ~fficial sral in the cuunt~ and stat~ afor:said this. . . . _ Z.4tI1 . . . . . . . . . . . . . .day o1
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My Commission exp~res:
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/ Not~ry Public
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(Spa=e Below This L~ne Reserve0 For LenOer and Recorder)
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CLE~K C;f~C7t1 C~"~~
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