HomeMy WebLinkAbout0977 ~ .
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prior to cntry of a judgment enlorcing this Mongage if: (a) Bo~rowe~ pays Lende~ all sums which would be then duc unde~ '
this Mortgage, the Note and nota securing Future Advances. if any. had ~o acceleration occurred: lb) Borrower cures
all brcacha of any other cove~a~ts or ag~anxnts o( Borrowe~ contained in lhis Mortgago; (c) Bo~rower pays all rcasonable
expenses incurred by Lende~ io enforcing ~he covenants and agreeme~ts ot Borrowe~ contained in this Mongage and in
enforci~g Lendcr's rcmedia as provided in parag~aph i8 hercof. including. but oot limited to. reuonable attorney's foa: and
~(d) Bonower taka such action as Lende~ may reasonably rcquirc to assure that the lien of this Mortgage. Lende~'s ioterest .
in the Properry and Bomower's obligation to pay thc sums securcd 6y this Mottgag~ shall continue unimpaired: Upon such- ~
payme~t and cure by Borrower. this.Mongage aod the obligations securcd hercby shall rcmain in full force and effect as if
no acceler9tion had occurnd. • ' .
20. Assi~ameat ot Reat~ Appolatment ot Receive~. As additiooal security hercunder. Borrower hereby assigns to
Lender the re~ts of the Propeny. pro~ided th~t Borrower shall, prar to acceleration under paragraph 18 hereof or abandw~-
ment of the Property, have the right to collect and ~etain such rents as they bocome due and payable. .
Upon acceleration under paragraph 18 hereof or abandonment of the Properly, l.ender-shall be entitled to have a
receiver appointed by a rnurt to enter upon. take possession of and manage the Propeny aRd to ~rollect the nnts of the
Property. including those put due. All rcnts rollected by the roceiver shall be applied fint to payment of the caats of
management of the Property and collection of rents, including,_but not limited to. roceivers fees. prcmiums on receiver's
bonds and reasonabk attorney's fees, and then to the sums secured by this MoRgage. 'I1~e receiver shall be liable to account
only for those rcnts astually received. ~ .
21. Future Advaaccs. Upon request b~C Bormwer. Lender, at Lender's optian within twenty years from the date of this -
Martgage. may make Future Advanca to_ Borrower. Such Future Advances. with interest thercon, shall be secured by this
Mortgage when evide~ced by promissory nota stating that said ~otes are- secured hereby. -At oo time shal( the principal
~ amount of the indebtedness secured by this Mortgage, not i~cluding sums advanced in aocordance herewith to protect the
sccurity of this Mortgage. exceed the original amount of the Note plus USS.~3~l~1Q.00
~ 22. Release. Upon payment of aU sums securcd by this Mortgage. Lender shall nleue this Mortgage without chuge
to Borcower. Borcower shall pay all costs of recordatan. if any. - - - -
23. Attorney's Fea. As used in this Mortgage and in the Note. "attorney's fea" shill include attomey's fees. if any,
which may be awuded by an appellate court.
IN WITNESS WHEREOF. Borrower has executed this Mo
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Signed, sealed and delivered ames ello ~
in the Dresence . : . . . . . . . . .
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Ot J. ch - --~o~ra.~r
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~ tty Mae Rarch .-aono )
STATE OF ~LORIDA . . . . . . . . . . . . . . ~N. . . . . . . . . . . . . . . . .COWI[y SS: .
~ I hereby certify that on this day. before me, an oflicer- duly authorized in the state aforesaid and in the county "
aforesaid to take acknowledgements, personally appeared. JA~S.S~LLO.~red,G~jqlt~,~Q~,~~,~ife;
~~.~Ts $~:Z:Y to me known~to be the person(s) described in and who executed thc
' foregoing instniment and acknowledged beforc me that. ..~Y. .....executed the,same for the purpose t6erein .
eapresse~d. * KARCH, his W3.fe - -
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WsTNESS my hand and otl'icial seal in the county and state aforesaid _this . . . . . . . . . . . . . . .~3 . . . . .day of -
~ ............../,~'7~ .........,1981.
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~ My expuas: -
~~?~~I:f111f1~-~ ?dIy Fir~rK. .titLt! 0} ~Jlt~:i dt ~dfq! . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
~~`~~~~,~L~ ~t; Cor~is_i~i fx~.:es Sc,~t. 23. 1983 - ~ vuase - .
~,s~,.......:,• s''~; Sy n.ur.. F.. a C.s..ly ca.0..;? .
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(Spioe Below This LiM Res~rwd FOr Lendlt and RaCOrded
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~356 970 _
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