HomeMy WebLinkAbout2735prior to entry of a jud~meat e~forcin~ this Monaa~e it: (a) Borrowe~ pays Lende~ all sums which would be theo due uoder
this Mon~a~e. the Note snd nota secu~i~~ Future Advances. it a~y. had no acceleration occu~rcd; (b) Borrower cura
all breacha of any other covenaot: or ~~rameots of Borrowe~ contained in thi: Mort~a~e; (c) Borwwe~ pays al! nasonabie
expeases incurred by I.ender in eaforcin~ the covenants and a~amenu of Borrowec co~uincd in this Mort~a~e and in
eaforci~~ Le~det's remedia as provided in pan~raph 18 hercot. i~cludins, but not limitod to. reasonable attorney's fea; and
(d) Borrower takes such action as Lendu may reasonably require to auure that tlie lien of this Morttage. I.ender's interest
in the Property aad Borrower s obligatioo to psy the :ums xcurod by thu Mor+p~e shall continue uaimpaired. Upon such
payment and cun by Borrower, this Monp-~e and the obliptions secured henby shall remain in full force and eRect u if
~o acceteratan had occurred. •
20. A~ai~oe~eat ot Rest~ AppotNaed ot Recelve~. As additional secu~ity hercunder. Borrower hereby assi~ns to
Lender the nnts of the Property, provided thst Bomowtr shall. ptior to acceleration under paragraph 18 hereof or abandon-
ment of the Property. have the right to collect and retain such re~ts as they become due and payzbk.
Upon accxlention under pua~raph 18 hereof or abandonment ot the Property. I.ender shal) be entitled to have a
receiver appointed by a oourt to eater upon, take poasession of and manage the Properry and to collect the rents of the
Property. includiag~ those past due. All rents collected by the reoeiver ahall be applied fint to payme~t of the costs of
management of the Propetty and collect~on of rents. including, but not limited to. raceiver s fees. pnmiums on rc~eiver s
bonda a~d reaaonabk sttorney's fas. and then to the sums secured by this Mort~age. 'Ihe receiver shall be liable to account
only for those reuts actuaUy reaived. _
21. Futore Ad~anc~. Upon request by Borrower, Lender. at Lender's option within twenty years from the date of this
Mortgage. may make Futue~e Advancas to Borrower. Such Futun Advances, with interest thercon. ahall be socured by this
Mortgage when evidenced by promissory nota stating that said nota are secured hereby. At no time shall tAe principal
amount of the iadebtedness secured by this Mortgage. not iacluding sums advanced in accordance herewith to protcct the
security of this Mo~tgage. exceed the original amount of the Note plus USS. . . . . . . . . .N~A . . . . . . . . . . . . . ..
22. Relare. Upon psyment of all sums secured by thu Mortgage. Lender shall reteise this Mortgage without chuge
to Borrower. Borrower shall pay all coats of rocordatan. if any.
23. Attoroey's Rces. As used in this Mortgage a~d in the Note. "attorney's fces" shall include attorney's fea. if aay.
which may be awuded by an appellate court.
IN WITNESS WHEREOF, BOt[OWC[ h8S CXCCUiCd t2115 MOTtgSgC.
TRIS IS A BALLOON MORTGAGE AND THE FINAL PAYI~NT OR TAE BALLOON
Signed, sealed 'vered DUE UPON MATURITY IS $8, 268.00,~ TOGETHER WITH ACCRUED INTEREST,
in the D of: , ,ANY, AND ALL ADVANCEI~NTS MADE BY TNE MORTGAGEE UNDER THE
' ERMS OF THIS MORTGAGE.
. . , / ~ . . . . . . . . . . . . . . . . . ' . :~`. . . . .e.`ft./-~Gx~~!~~. . . . . . . . . . .(Sesi)
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~~ -aarow~r
STATE OF FLORIDA, . .5~.. . I..UC~ . . . . . . . . . . . . . . . . . . . . . . . . . .COtlilt)/ 35:
I hereby certify that on this day, before me, an off'icxr duly authoriud in the state aforesaid and in the county
atoresaid to take acknowledgements, personally appeared . •LLQYD• C , • W~ NSTEl~lD • I ~ ~ . . . . . . . . . . . . . . . . .
. . . . ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~ to me known to be the person(s) described in and who executod the
foregoing inswment and ackaowledged before me• that .. HE ......... eaecuted the same for t6e purpose therein
expressed.
WtTrt~ss my hand and official seal in the caunty and state aforesaid this. .....~.,~:~: ~........day of
........Febr~ar~ ..............19.g~.,...
My Commisaion
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