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HomeMy WebLinkAbout1140p~ior to emry of a judgment enforcing this Mottgage if : 1 a) Borrower pa~•s Lender all sums which would be then due under this Mortgage, the Note and notes securing Futu~e Adv3nces, if any, had no acceleration a;curreci; (bt Borrower cures all breaches of any other covenants or agreements of Horrow-er contained in this Mortgage; Ic) Borrowe~ pays all reasonable expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in Ihis Mortgage and in enforcing Le~der's remedies as provided in paragraph l8 hereof, inrluding, but ~ot limited to. reasonable attorney's lees; and (d) Borrower takes such action as Lender may reasonably require to assure that ~he lien of this I~lortgage, Lender's interest in the Property and Borrower's obligation tu pay the sums secured by this Mortgage shall continue unimpaircd. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full lorce and effect as if ~u acceleratiun had occurred. 20. Assignment ot Reats; Appoiatment of Recei~er. As additional security hereunder. BoROwer hereby assigns to ! --~-- -~_ ---.. _~ .~ _ .,. - - • . ---••....• •••.. •..•~•..... ..w a.vy.::~y, ~;iv:~ucu iiiai Du~i~w.t ~i~aii, p~iur w ac.eier;~[ion under paragrapn iri nereot or abanaoo- ment of the Property, have the right to collcct and retain such rcnts as they bccome due and payable. Upon acceloration under paragraph 18 hereof or abandonment of the Praperty, Lender shall be 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, including those past due. All rents collected by the receiver shall be applie~ first to payment of the costs of management of the Property and collection of rents, inciuding, but not limited to, receiver's fees, premiums on receiver's twnds and reasonable attotney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received, 21. Future Advancea. Upon request by Borrower, Lender, at Lender's option with~n twenty years from the date of this tlortgage, may make Future Advances to Borrower. Such Future Advances, with interest therec-n, shall tx secured bv this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtednrss secured by this Mortgage, not including sums advanced in accordance hercwith to protect the se:urity of this Mortgage, exceed the original ambunt of the Note plus USS. .. . N/A 22. Rekase. 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 the Note. "attorney's fees" shall ~nclude attorne~~'s fees, if any, which may be awarded b; an a¢ptllate cosrl. IN WITTlESS WHEREOF, Borrower has executed this Mortgage. THIS IS A BALLOb~ MORTGAGE AND THE FINAL PAYMENT OR THE BALLOON Signed. sealed and delivered DUE UPON MATURITY IS $7,027.80, TOGETHER WITH ACCRUED INTEREST, in the presence of: IF ANY, AND AL1. ADVANCEMENTS MADF. BY T MORTGAGEE UNDER 'I`HE TERMS OF IS RTGAGF.. ~~ ^ y~ ~ ~ I~ ~ C/'. ' - ~ - . .~'e? ~ ~R.- ~.~?t~ ... . . . -~ .~G. . . . . . . . ~ . . .. ~ . . . . . . . . . . . . . . . . . . . . . . . (Seal) ~ J QH N E. P I i: R C F %~ -sonorre- /~ ,, n , ~g-!~ ~~~-c~3 24-51~ ~ t~ . ., ..- ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~~!-~-;7~_ s.tt :t !-~,~: , .~,.,~~-efy~ . . (Seal) I i, N(•;~ ~~ E P T E R~~ ~orrower STATE OF FLORIDA, . . . . . . .?`.'artin . . . . . . . . . . . . . . . . . . . . . . . . .Counry ss: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared.. ~0~~::.~....PZ,FR~F, a.r,d..ILf;i,;~R; W . ~ I_:; RC E , , _ Fii s, , ~~; i f e . . . . . . . . . . . . . . . to me known to be the person ( s ) described in and who executed the foregoing iastrument and acknowledged before me that .. v h~;l ....... ezecuted the same for the purpose therein expressed. . W~TtvESS my hand and official seal in the county and state aforesaid this. . . . ~ . ~~ . . . . . . . . . . . .day of ....:arcn ........................ 19..~~... My Commission exp~res: s_- f S-- ~f Ct. ' , . . . . :- ~-~ r. ~-l~-~ ~ - - • !~ ~-~L-QJ . . . . . . . . . . . . . . . . . • [~Mn Nobry Pubtic ~~ .f _ ~ r .. . „.- . _ ,~ !. _ ~'- - _ t~ ~. . ~' , ~r (Sp~ce Below This Line it~servW Fw LenOtr and R~cordary ~ L~~35i Y~~113?