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pnor to entry Ot a judgment enfo~c~ng th~s Mortgage d: (2~ Borrower pays lender all sums wh~ch would be ihen due under
~his Mostgage, Ihe Note and notes secunng Future Advances, il any, had no acceleration occurred; (b) 6orrowe- cures
all breaches ol any othe~ covenants or agreements ot 13a~ower conta~ned in th~s Mortgage; lc) 8orrower pays all reasonable
expenses incur~ec! by Lender in entorc~ng the covenants and agreements of Barower contamed in this Mortgage and in
entorc~ng Lenders remedies as provided in paragraph 18 hereof, including, but not limtted lo, reasonable attorneys fees;
a~d ~~ Barower takes such ac~~on as Lende~ may reasonably require to assure that the I~en ol th~s Mortgage, lenders m-
terest in the Property and Bo~rowers obligat~oA to pay the sums secu~ed by Ihis Mortgage shall conlmue un~mpaired. Upon
such payment and cure by 8onower, this Mortgage and the obl~gat-ons securad hereby shall rema~n in lull lorce and eltect
as il no acceleration had occu~red.
20. Assl~nm~nt of R~nts; Appolntm~nt of R~cNv~r. As add~t~onai secur~ty hereunder, Borrower hereby ass~gns
to ~ender the rents ot the Property, provided that 6orrower shall, pnor to accelerat~on under paragraph t 8 hereot or abandon-
ment of the Property, have the right to collecl and reta~n such rents as ihey become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment ol the Property, zender shall be ent~tted to have a
rece~ver appo~nted by a court to enter upon, take possess~on ot and manage the Property and to coilect the ~ents ot the
Property. ~nctuding those past du~. All rents collected by the rece~ver shatl be applied first to payment of the costs ot
management ot the Properry artd collection of rents, ~ncluding, but not Iimited to, receivers fees, premiums on ~eceivets
bonds and reasonable attorneys tees, and then to ths sums secured by this Mortgage. The receiver shall be Ifable to account
only tor those rents actually received.
21. Futun Advances. Upon request by ~orrower, Lender, at Lende~s opt~on wlth~n tvrentyyears from the date of th~s
Mortgage, may make Future Advances to 6orrower. Such Future Advances, w~th ~nterest thereon, shall be secured by Ih~s
Mortgage when ev~denced by promissory notes stating that sa~d notes are secured hereby. At no time shalt the principa!
amount of the indebtedness secured byth~s Mortgage, not including sums advanced in accordance nerewith to protect the
secunty of th~s Mortgage. exceed the ongmal amount of the Note plus US~ --- f 70400. 00 ---
22. R~INS~. Upon payment ol all sums secured by th~s Mortgage. Lender shal! release th~s Mortgage w~thout charge
to Borrower. Borrower shall pay all costs of recordation. il any. -
23. Attom~y's Fe~s. As used ~n this Mortgage and ~n the Note. ~~attorney's fees" shall ~nclu~e atlorneys lees, ii any.
wh~ch may be awarded by an appella2e coUrL `
IN WITNESS WHERE(~F. Borrower has executed th~s Mortgage.
S~gned, sealed and delivered
m the presence of
~ '
..P,~~t,u a ~ ~ ., ,--t,..~..`. ~• ~
~~`~ tSeal
+ J h F. KOSS
~v ~ -~ 1~~4 ' .
a~5'~2%j ---~ „ Iseaq
~ RITA PHILIPSO~!
tSeal)
(Sea4
STATE OF FIORIDA. County ss ~iARTIN
I hereby cert~fy that on th~S day. before me. an off~cer duly author~zed ~n the state aforesa~d and ~n the county
aloresa~d to take acknowledgements. personally appeared
JOHN P. KOSS, A SINGLE AUULT ANU ~iITA FH~IF'SOk, A SINGLE AUULT
• to me known to be the pe-son~sl descr~bed ~n and who executed thg
forego~ng ~nstrument and acknowledged betore me that Bo-rowe~ executed the same for ihe purpose the~e~n
expressed.
WITNESS my hand and ot(~c~al seai ~n the county and state atcresa~d th~s 2~D day ot
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Not P ~~c
ISpace Below Th~s L~ne Reserved tor ~ender and Recorderl
rl~~~ 348 F~t
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~ •. RENEGOTIABLE RATE FFMC (6/80)
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