HomeMy WebLinkAbout1999prio~ to entry of s jud~menl enforcin~ this Monp~e if: (a) Borrower pays Lende~ all sums which woutd be thea due under
this Mort~a~e~ the Note and nota securin~ Futurc Advanca. if aay. had no socelentio~ occurrod: (b) Borrower cura
atl breaches of any other oovenanq oc a~reements of Bomower containod ia this MoAQaje; (c) Horrower p~ys s!1 reuonable
expenses incurnd by I.ender in enforcinj tbe oovenants and a`reemeny of Borrowe~ coatainod ia this Mo~taa~a ar~d in
e~forcinj Lender'~ rtmadies u provided in paatraph 18 hereof. includins. but not limited to. rcasonable attorney's fas: snd
(d) Bor~owe~ takes such action u L,ender may reasonably roquirc to assure that the lien of this Mortp~e. I.ende~'s interat
io the Property aad Bore~ower i obligation to pay the sums secured by this Mortpge shall continue unimpxired. Upon tuch
puyment and ¢ure by Borrower, this Mwt~age and tha obligations aecurod heteby shall remain in full torce and efiect u if
no acceleration had occurrod,
~0• Aad~weN ot Re~ Appol~tase~t ot Recet~e~. As additionai security hercunder. Borrvwer hereby assigru to
Lender the oents ot the Property. provided ehat Bornuwer shall, prior to acceleration under pangraph 18 hercof or abandon-
ment of the Property. have the right to colloct aad retain iuch ~nu s~ they become due and payabk.
Upon acceleation uader puagraph 18 hereof ot abandonment of the Propeny. Lender shall be entitlaf to have a
roceiver appointa! by a court to enter upo~. take poasession of and manage the Property and to coliect the nnts of the
Aroperty, includin~ those past due. A!1 nnts collected by tht receiver shall be applied 8rst to payment of the costs ot
management of the Property and collection of re~ts, inciuding. but not limitcd to. rectiver's fas, premiums o~ receiver's
bonds aad reaaoaabk attomey'i fas, and thea to the sums securod by this Mon~a~e. The receiver ahall be liable to account
only for thoae reats utuaUy received.
21. Futnre Aara~c~+s. Upon request by Borrower. Lender. at Lender's optio~ withia twenry years ft+om the date of thi:
Mongage, may make Futun Advances to Borrower. Such Future Advances. with interat thereon. ahall be secured by this
Mortgages when evideaced by promissory notes stating that said notes are secured hercby. At no time shall the priecipal
amouat of the indebtednas securod by this Mortgage, not including sums adva~' in aocordana herewit6 to protect the
securiry of this Mortgage, exceod the origin~l amount of the Nou plus USS. . ~(~' . . . . . . . . . .. . . . . . . . . . . ..
22. Rdea~a Upoa payment of all sums secured by this Mortgag~. I.eader shall c+elease this Mortgage without chuge
to Borrwver. Borrower shall pay aA oosts of reoordation. if any.
23. Attoney'i Fea. As usod in this Mortgage and in the Note. "attorney's fces" shall include attorney's fees, if aay;
which may be awuded by an appellate court.
IN WITNESS WHEREOF, Borrower has executod this Mortgage.
$1$t1Cd, SCB~Cd 8IId dlalYE~ ~
in the presence of:
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CEC . ~ CILL~~ ~-aorroww
.. ~.. . . ~-~:.~-~~~:~......«,
MAVIS~ M. ~DUCILLE ~ ._.~,~
STATE OF FY.ORIDA~ . . . . Martin . . . . . . . . . . . . . . . . . . . . . . . . . . . . .County as:
I hercby certify that on this day, before me, an o85ocr duly authorized in the state aforesaid and in the cauaty
aforesaid to take acknowledgements. personally aPPeared- .~~~i~ J. Pu~~~. .sod. MA~is .M.. .
. ]~yG~~~~ .his, wife . . . . . . . . . . . . . . .. ~ ~ known w be the person(s) descrihed in and who-executod the
foregoing instrument and acrnow[edged before me that. .. th~Y. ......execvted the same for the purpose ther~ein
expressed. .
Wi'rrtESS my hand and o8'icial sesl in the county and state afore.~id this. . . . . . . ~! . . . . . . . . . . . . . . .day of
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