HomeMy WebLinkAbout1777p~ior to cntry o( u judgn~cnl cnforcing thia Mor~gagc il : 1 a) 8ar~uwer ~+:~~~a Lcndcr all sums which would he then due undcr
Ihis Murtgagr, thc Note anJ notcs aecuring Futurc Advancr~, it any, had no acrclcrati~~n .xcurred; Ibl Borrower cures
all breach~y o( an~~ other covenant~ i~r agreements i~t Bo~ruwe~ r~nlained in this Mortgage: tc) Horrowe~ pay~ all reasonable
txpenxs incu~red by lende~ in entorcing the covenants and :~greemen~s of Bor~awer containeJ in this Mortgage and in
enforcing l.ender's remedies as pravided in parag~aph IR he~eof, including, hut not limiteci ta, reasonable attomey's fees; and
(d) B~~rrowrr ~akes such acti~m as lxnJe~ may re:~wnably reyuire ta assure that the lien ot Ihis Mortgage, Lenderi interest
in the P-opert~• and Borrower's ahligatian to pay the sums secureJ hy this Mortgage shall continue u~impaired. Upon such
payment and cure by Borrower. this Mortgage and the obligatii~n~ xcured hereby shall remaio i~ ful) farce and eftect as if
no Ycreleration had occurred.
20. AssiRomeal ot Rents; Appointment oi Recei~~e~. Ac add~tional seruri~y hereunder, Borrovver hereby au~gns to
I_cnder thr rcnts of the Properry, provideJ th•rt Borrc~wer shall, prior ~o acceleratian under paragraph 18 hereof or abandon-
mrnt of the Propcrty, have the right to collec~ and retain such rents as they become due and payable.
Upi~n acceleratidn under paragraph 18 hereot or at+andonment of the Properly, Lender shall be entitled to have a
r~eiver appointed by a cour~ to enter upon, take possession of and manage the Property and to collect the rents of the
Property, including those p.1st due. All rents collected hy the receiver shall be applied first to payment of the costs of
management of the Properry and collection of rents, including, but not limited to, receiver's fees, premiums on rcceiver's
twnds and reasonable attorney's fees, and then to the sums secured by this Mortgage. The rcceiver shall tx liable to account
u~ly for ~hosc rents actually receive~f.
21. Future Advances. Upon rcyuest by Borrowcr, l.endcr, at I_ender s option within twenty years from the date of this
Alortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall t~e secured by this
Alortgage when evidenced by promissory notes stating that said notes are secured hereby_ At no time shall the pti~cipal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
security of this Mortgage, exceed the original amount at the Note plus USS.~~•~Q+Q~ . . . . . . . . . . . . . . . ..
22. Rekase. Upon payment of all sums secured by ~his Mortgage, Lender shall release this Mortgage without chuge
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attoraey's Fees. As used in ~h~s Mor~gage and in the Note. "attomey's fces" shall include attorney's fces, if any.
which may be awarJed by an appcllatc court.
IN WITNESS WNEREOF, Borrowcr has cxccuted this Mortgagc.
Signed, scalcd and delivered
in tlx: presence of: -~
~
i~ ~ .
~' . ~ . . . ~ .~~: ~!,/ 6~'v!~~-. . . . ` ~ . . . . . . . . . . . . . . . . . . (Seal)
.C. . . ,~ ~ : . ~,.a...
~ ` eth A. ' chino ,
. ~ . ~~c~ . . . . . . . . . . . . . . . . (Seal)
. . . . . . . . . . . . . . I+laiy 'R. ~ iancliino -s~.ow..
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Aj'E OF FLORIDA . . . . . . . . . . . . . . . MdZtlfl. . . . . . . . . . . . . . . . . . .COUIII~I SS:
I hereby certify that on this day, before mr, an oflicer duly authorized in 1he state aforesaid and in the county
aforesaid to take acknowledgements. personally appeared. XENNETH_ A.. .BIBNCHIIU~ .and.MA,It~C R_ .BIANCH.II10,
.his.wife . . . .. . . . . . . . . . . . . . . . . . . . . .. to me known to be the pcrson(s) described in and who executed the
foregoing instrument and acknowledged beforr me that ....they. ..... executed the same for the purpose therein
eapressed. '
~TJ my hand and official scal in the county and statc
. . . ~~~i~~!~~. . . . . . . . . . . . . . . . . . . 19 . $1.
aforesaid this......~~.K. ,. -.~ :;;:'.d~}~ of
,
My Commission exp~res: . . . . . ( . . . . . . . . . . . . . . . . . . .
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[Spl] I Notary Publlt _
Notary P~bic, SUte 01 flwda d Lsr4~
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(Sp~ce Be1ow This Line Rese~ved For Lender and Recorde~
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