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HomeMy WebLinkAbout2706pnur to ~ntr~ ~~t a ~uJgmrnt ~nfurcin~ ihi+ ~turlg.~gr it ; a 1 HorruNir pa~. I cn.l~r all ~um~ whi~h Nould tx thcn duc undcr Ihi~ \t~~rl~;,~gc. Ih~ ti~~lc and nutr~ .rcunnti Fu1ur~ A~t~an~r.. ~( an). had n~, acc~l~raliun ~krurrrd: Ih1 Hurruwer curc~ all hrrachc. ~~I any athcr cu~rn~nt, ur .igrrcm~n~. ~.t H~~rn,wrr i~~me~nr.l m thi~ ~t~~rtgagc. Irl liurr:~w~r pa~~. all rca,c,nahle ~xpcmt~ in~urrrd h~ 1_endcr in cn(urcinK thc ~u~~nanl~ :~nd .~grr~mcnt~ ~~1 B~u~owCr ~untainiJ in Ih~t A1~~rlgag~ 'snd in c~~fur~~ng I~nJ~r'~ rcmcdi~~ a~ pruvi~rJ.in paragr.~ph 1 x hcre~•l. ~n~lu~~nk, hut n~~~ IimitrJ to. rra.~,nahlc attor~ry's fe~c: and IJI HvrruHCr ~al~~ ~u~h achun as LenJrr ma~ rr:a„nably r~yu~re 1~• a~~ure thal th~ lirn ol thi~ \lurtgage. I.ender'~ ~ntet~sl ~n thr Pr~~~xrt) and Burruwrr's ~-hhg;~t~an ta ~~ thr ~um~ xcureJ hy ~h~. ~1~-rtgage ~hall continue unim~+:~i~eci. l'~n such payment and cur~ h~• RorroNCr, thi~ \lortge~;~ an~ the .~bl~gat~um ,ecurrd hereb~ sh~ll remain in (ull force anJ efTecl as if n~~ a~.cl~raU.~n haJ ~xcurrrJ. 20. As~iRnment ot Rents; Appoinlmenl ot Recei~er. A. ad~htiunal .erurn~ hcrcunder, BorruNCr herchy a~~~~n~ to l.rndrr thr rrnh ~~t thc Pru~xr~~•. pru~idr~l that fi~~rruH~r shall, priur ti~ arcrl~r~ti~~n undrr paragraph IR hereof i,r :~banJon- mrnt uf thc Pru~xr~y, havc thc nght to rall~ct and rrt:un such r~nt~ as thr-~ t+crnmc duc anJ payahle. l'Fx~n acr~teraui~n undcr paragraph In h~rcuf ur ah~ndunment af the Property, l.ender sh~ll he entitled ta have a re.ri~~er ap~+c~~r~ted h~~ a rourt to rntrr u~}n, take Fx»,e..iun at and managr the Propert} and to collect the rems of the Pr~~~rt~, ~n~luding th~h~ pa~t due. All rents cullertrd b~• the re:ci~•cr ,hall tx applied firsl to payment of the a~sts o! m~nagcmrnt of the Propert~ ~nd re,llecuon uf rcnh. ~nclu.l~ng. hut n:,t hmitrd to. receiver's tee,, premiums on rece~~•er'. 1x~nJ~ and r~asunahle auorne~•'s lec., and then tu the ~umti ticcured h~ this ~fortgage. The rece~ver Shall be liabte to account unly tor ~hou rems a~tualll' rcce~ved. 21. Future ,1d~ances. ITEx~n rcyue~i b~ Borrowrr. Lcndcr. at LrnJcr', option wi~hin ~wemy years from thc date of this ~tortgage, ma}• make Future Ad~'ances to H~~rrower. Such Future AJ~:~nre., with interect ~hereon, shall he secured b~~ this \turtgage w•h~n evidcnced hy promissury note~ stating that .a~d nutr. are .ccured hereb~. At nu time ~hall the principal amuunt of the indebtcdnesti ~ecured by th~~ ~1i~rtgage, nut ~nclu~ling ~um. ad~~anced in accordance herewith to protect the secur~~~• of thiti ~iortgage. r~ceed the original ~mouM of the Note plus USS . 30.. 704•OQ - • . . . . . . . . . . . . . .. 22. Release. U~ron payment of all sumc securrd by th~s Mortgage, l.ender shall release this Mortgage without chargt ro Burruwer. Borrower shall pay all co~ts of recordat~~~~, ~t an~. 23. Attoror~'s Meec. A+ u,cd in ~his M~•rigagr and in thr \~~tc. "auorney's fc~s" shall ~nclude attorney's fees, if any, w•h~ch may t~e awardcd hy ~n appcll~tc cc~urt. I~7 WITNESS WHFRFOF, Borrc~wcr has cxrcut~d this Wortgagc. SibneJ, sealrci and delivered in (hr Drese~cc of: ~ ! ~ ''. . . ......... . . . . .... .. .... :/. . : . ~.~l=~`•'. • ' • • •t~ . . `~ . . ~. . . . . . ~~`~~~ . r~~~{ Rulo N. Conrad _ _~~...~r`-"' .......`'.`....-•--~--...---•• `~c.~.~cl~.~. ~L'f.4 `.~.~.. ~, ~ ' ~_ Lucille M. Conrad $TATF. OF FLORIDA, _ . . . . . . . _ . rs~rr~N . . . . . . . . . . . . . . . . . . . . . .cou~~y u: . . . . . (Seal) -~OROWlf . . . . . . . . . (Seal) -9o-.ower 1 hereby certify that on this day, ~fore m~, an c~tlicer dul~ authorizrd in the statc aforesaid and in the county~ aforesaid to take acknowledgcments, personally appeared. .RULO N. CONRAD, and LOCILLE, M._ ,CONRAD~, h~s wife . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me kn~~wn to tx the ~x rs~,n ( s ) described in and who executed the foregoing instrument and acknowf~Jgrd befor~ me that. ...they_ .....~xecu.ed the same for the purpose therein ezpressed. ~ rNess m hand and oti~icial seal in the cc~unt~ and state afaresaid this. . . .~~ . . . . . . . . . . . . . . .day of .C~~.~ ............... . 19.$1. ~ ,M'y~~nmis~on cxp~res: ~ :~f~ ~ ~ . . . . . . .°~~ ~wf~~,J_~ ; >j ~-..~' _ > , ~~'~-~~ . . . . . . . . . . . . + ~.• '~ ~~J :~ , Notary Public ''- - ~ it~ ._ ~. _ ,~ - ~, r . ,. . _ ' _ . . t , . ,, _ ~ .'=.., ~ _ ~: •.- a" . - - (SD~u BNow This Llne Resened For Lender and Recorder) ~ 6;10K351 P~~E2702