HomeMy WebLinkAbout0927 prior tn rmry o( a ~udgment enforcing this Mortgage if: (a) Botrowtr pays Lender aU sums which would bt then dut undcr
th~, hlor~gage. the No~c and notcs secunng Fuwre !?dvances, any, had no acceleration occurred: Ib) Botrower cures
all breachet of any other covenants or agreements o( Borrowtr containtd in this Mortgage: (c) Borrower pays all reasonable
expcnses ~ncurred hy Ltnder in enforcing the covonants and agrcements of Borrowet contained in this Mort~a~e and in
enforcing l.e~der's remedies as p~ovided in paragraph IR hertot, including, but not limited to, reasonable attomey's lees; and
Id) Borrower takes such action as Lender may reasonably reyuire to assure that the I~en of Ihis Mortgage. Lender's interest
~n ~he Property and Borrower's obligatian ta pay the sums secured hy ~his Mongage shall continue unimpaired. Upon such
p~yment and cure by Borrower, this MoRgage and the obl~gationc secured heteby shall r~main in full force and etfect as i!
no acceltration had occurrcd.
20. AssiRnmen! of Rents; Appointment of Recei~er. Ac adJ~tional ucurity hercunder, Borrower hereby assigns to
Lcndcr the rents of the Propc,rty, provided ~h~t Bormwcr shali. pnor to accNeration under paragraph 1 R hereof or abandon-
mrm of the Property, have the righ~ to coltect and retain such rents as they become d~~e and payable.
U~+c~n acceleration under paragraph IR hereof or abandonment of the Properly, Lender shall be entitled to have a
recei~~er ap~~in~ed by a court to enter upon, t•rke poise~cion of and manage the Property and to collect the rents of the
Prc~rty~, includ~ng those past due A1{ rem~ coHected hy the receiver shall be applied first to payment of the costs of
man~gement o( the Property and collecuun of rents, includ~ng, but na limited to, receiver's fees, premiums on r~c~iver's
hond~ anci rea~anable attorney's fees, and then ta thc ,ums ~ecured by this Mortgage. The receivtr shall tx liable to account
onty fo~ ihose rents actually received.
21. Euw~e Ad~•ances. Upon rcquett bq Borrower, I.cnder, at I.ender's ophon witfiin ~wenty years from the date of this
~tortgege, may make FuWre Advances to BorrowCr Such Future Advances, w~th interest the~eon, shal! he secured by this
~fortgage when e~idertced tsy promisiory notes stat~ng that ~aid note~ are secured hereby. At no time shaU the principal
:~mnunt of the indebtedness secured by ~his Mortgage, n~~t including sums advanced in accordance herewith to protect ~ht
secunt r ot this hlortgage, e~cceed the origin~l amount o( the Note plus USS
~ 22. Release. Upon payment of all sums secured by this Mortgag~, Lender shall release this MoRgage without chargt
to Borruwcr. Borrower shall pay all costs of rccordation, if any.
23. Altorney's Fees. As u~ed in th~s Mongage and in the Note. "aelorncy's fccs" shall include attorney's fees, i( any,
Hhuh may~ be awar~ed by an appellate court.
IV WlTNESS WNEREOF, Borrowcr has cxrcutcd this Mortgagc.
Signcd, sealcd and delivered
in thc presenc~_f:.--
~ n
~ ~ / ' ~
- - (Sea1)
~ Mary J ar " --6onow.r
. , -
- ~ . ~ (Seal)
Thomas Mark --$or~ow~.
STATE OF FLORIDA, County ss: Dade ~'I
1 hercb}~ certify that on this day, bcfore mc, an oflicer dul~~ authorized in the state aforesaid and in the county
aforesaid to take acknowledgcmcnts, p~rsonaily appeared
, Mary Jan2 ~iark, a single person and Thomas Mark, a married person
~j , to me known to bc the person(s) described in and who executed the
foregoing instrument and acknowledg~d beforc me that they executed the same for the purpose therein
i rxpressecl.
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2 WITNESS my hand and official sral in the county and statc aforesaid this 27th ~ E(~a~r,~f
' _,-~~v~,,.....,.~~•~/ y~ .
May 9 8 3. ~ c~,., ~
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~ :~i~~ Commission cxpires: _ - - ~ ~
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(SOm« Below This Une Reurvecl For Lender snd Retortler)
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