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HomeMy WebLinkAbout0936 . ~ pcior to e~try ot a judtme~t entorcinj this Mortp~e it. (a) Borrower pays Lender all sur~ which wouid be thea due unde~ ~ tl?i: Mortpse, the Nwe snd aota aecauios Ruture Advaaoes~ ii aay. bad ao aoc~ekration occu~red; (b) Bonower cui~es alI breaches of any other covenants or aueemeott ot Borrower toatained~ in thu Monpje: tc) Borrowu pan ill rea:ooabk expensa incurred by Lcoder ia entorcinj the aovensats aod s~eemeatt ot Bon~ower contained in tbis Monpse and ie eatorciaj I.ender's remodia +~s provided in pua~rapi~ is hereot. inctudin~, but aot limited to. ~essonaWc sttorney'~ fia: and (d) 8orrower talces wcb a¢tion as L,a~der may reasonaWy nquire to auuro that the tien oE this Mort~ass. Lender's i~terat in the Prope~ty and Bornowec's oWi~ation to pay t~ sums secured by this Mortpje shall continue unimpairod. Upon such payment and curc by Borrower. tbis Mortja~e a~ the osliptions ucured hereby shall nmain i~ iufl foroe ind eRect as it no scceleatan had occurnd. 20. Assi~~uae~t ot Rewt~ Appolata~cN et ReceivK. As additional security hercuader. Borrower hersby usi:~ to Le~de~ the nnts o[ the Proptrty. provided that Bomower shall, prior to acceleration under pars~aph 18 heteof or abandon- ment of the Property~ have the risht to collect and retain :uch renu as they become due and payabk. Upon accekration under paragraph 18 heroof or abandonment ot the Property. I.eade~ shap be entitkd to have a receiver appointed by a court to enter upon. take possession of and manage the Property and to col! fct the rcnts ot tbe Property. includins thase put due. Atl rents collected by the receivu ~hal! bo applied 6rst to payment ot the costs of manigemenr of the Pmperty snd collection ot rents. includint, but not limitcd to. receiver's fees. premiums on kceiver's bonds and ressonabk attarney': fees, and tha~ to the sunu secured by this Mon~aje. The receiver shall be liabie tb aaount only tor those Knts actually received. ~ 2I. Fut~ue Adraaees. Upon request by 8orrower. L.ender. ai I.ender's option within tweety yean from the date oE thit Mortgagt, may make Future Advances to Borrower. Such Future Advances. with interest thereon. shall be secured by this Mortgage when evide~ced by Q~omiuory nota statin~ that said notes arc secured hereby. At no time shati tbe principal amount of tbe indebteda~ss secured by this Mon~a~e. not includins sums advancod io aocordanu benwitb to protect the security oE this Mortpge. esceed the ori~inal anwuat ot the Note plus USt 51 2p0.00 2t Rcleasa Upcw payment of all sums sccured by th~ Mortgsge. Lender s~iali rekase this Mattase witbatt chat~e to Borrowu. Borrowcr s6all .pay aU costs ot rocordacan. if any. 23. Attoroey's Fees. As used i~ this Mortgage and in the Note. "attarney's tea" shall include attorney': fea. if sny. which may be awuded by aa appellate court. . IN WITNESS WHEREOF. Borrower haa_ executed this Mortgage. Sign~d, sealed and delivered ~~GD~ in the ~resena of • ~ ~ D. CAP[71n ~ Li~~~~ r . (s~) as signa'~ure.s WII.Z.IAM J. -aa.o+~.. • . L D. ~ ~ v STATE OF FLO1tID/1~ C011tItJl SS: ~ ~ I henby certify that on this day. before m~, an oQ'icer duly authoriud in the stace aforesaid aad in tbe county aforesaid to take acknowledgements, personalty appeared FRANIC D. CAPITII~, HRIS.T~iN J. Swi(~ER & NOIi~N D. SWIQI~R , to me knowa w be the penon(s) described in and who e~cecuted tha toregoing instrument and acknawledged before me tbat t]~y .executod the :ame for tbe purpose thereia expressed. W~TxESS my hand and o~cial scal in the couaty and state aforesaid this ~~~day of , - .19 83 1- - . My Commission eapires: ~ 3 ~ - - - " ~z , ~ ~ 7 ~ - ` 3 s~ cs..n Na.ry ~,w~ ~ ~ ^ F,~ . ' - ~l ' = ! ~ . . (Sp~p aNow This tin~ RtNrwd FO? lender sn0 Retw~dlf~ . ~ lK ~i i: . : i~ ~ i. ~ ~ D ~ - . _ . q