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HomeMy WebLinkAbout0989 Form 194 q Payr 3 b 4 • pnor to entry o! a judgmcnt enfurc~ng th~s \iurtgage if ia) Borrower pa.~ I rn.irr all sums wh~~h would be then due undcr this Mortgagc, the tiote and notes .ccuring Futurr Ad~~nce~, if any, h.~d no ,,cceicration ckcurred; (b) Bnrrower curcs all breaches of any oeher covenant~ or agrrements ot B~~rruv?er cuntaine+l ~n thi~ Mongage, (c) Borrower pays all reasonable expenses incurred by Lender in enforring the rovenanti and agreemrnts o( Buc~ower contzined in this Mortgage and in enforcing l.endet's remeJies as pro~•ided in paragr~ph IR hercof, including, hut not limited to, rea~unable auomey's fas; and (d) Borrower takes such action as 1.ender ma~ reasunahl~ reyuire to as,ure that the I~cn ot this Mortgage. ~ender's interest in the Propert>~ ~nd Borrower's ahligatiun w pa) the ~~~m> >ecured h~ this Mortg.~ge ~hall continue unimpaired. lJpon such payment and cure by Borrvwcr, this ~1ort~age an~ the ~~hligauons ~ccured hcreby ,hall rema~n in full force and cfftet as if no accderation had occurred. 20. Assignmeot ot Rents; Appoin~mem of Recei~er. A. .,dJ~t~~~nal .e~urii~ h~.cundrr. Borrower hereby assigns to Lender the rrnts ~f the Property, pro~i~ic.i th:~t Burr~~Ner ~fiall. pri~x t~+ accrler.~tion undrr paragr~ph 1R he?euf or abandun- ment of the Property, have the right to rollect ~nd retain such rcnt+ as the~ ber~~mc due and payabte. Upon acceleration under paregraph l;t h~reuf ur ahanJ~~nmrnt uf the Pro~ny, Lender shall be entitled to have a receiver appuinted b~~ a ~ourt to enter upon, take po~,c,.wn ~~f .,nd m~n.,ge the Propert}• and ro collect ~he rents of the Property, including thosr past due .AI! rrnts ~olte. te~i h~ the re~civer ,h~ll tx apphed first te pa}'ment of the costs of management of the Proper~~ and ~ullectn~n .~f rent~, in~ludinb, hut noi I~mitrd ~~i, rc~civer's fce~, Qremiums on rece+ver's bonds and reasonahle auurney's fees, and then tr thr tium~ secure~ h~ thi~ :~for~gage. The receiver chall be liable to account only for those rents actually received. 21. Furort Ad~~ancta. Upon rcquest b~ Burrower, l.ender, at Lender't option within twent}~ years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Adv:ince,, with interest thereon, shall tie stcured by this 4tortgage when evidenced bp promissor~• notes stat~ng that ~aid note~ are ,ecured hereby. At no time shall the principal amount of the indebtedness secured b~• this Mortgage, not ~rrnluding ~ums advanced in acco~¢~i'~y,~:~~yfth to protect the y t~ u stcurity of this Mortgage, exceed the original amuunt of the Note plus USS . . . . . . . . . . . . . . . . . . . 22. Releue. Upon payment of all sums secured by th~s Mortgage, Lender shall release this Mortgage without chuge to Borcower. Borrower shall pay all costs of record~uon, if any. 23. Ariorney's Ftes. As used in this Mortgage rnd in the No~e, "attorncp's fees" shall include attorney's fees, if any, which may be awarded by an apPellate caurt. IN WITNESS WHEREOF, Borrower has executed this Mortgage. i ~ Signed, sealed and delivered ~ the vresence of; E ~ ~ ~ , ( -L(~-' T' . , - (Seal} - ~ _ cs~~ - - _ tscal) STATE OF FLORIDA, ~TIN County ss: 1 hereby certify that on this day, b~fore mr, an offic~r dul} authorizeci in the state aforesaid and in the county afor ke led c ents rsonall~• app6ared ~~f4 ~itv~ rs~rl ~ . , to me~knu~'n to b~ th~ ~rs<~n(s) described in and who executed the foregoing instrumeni and aci:nowledg«i befor~ me that Borrower ~xecutcd th~ same for the purpose therein ~ expressed. ~ ~ W~TxESS my hand and official seal in the .c~unt} anJ ~tat~ aEuresaid this _____~6~____ day of ~ ~ - - • t 9_ 83_ . ~ ~ My Commission exp?res: / , ~ r ~ . ~ ~i . 1, ~ ~ ~ % " 1 - ~ jw{~j' .c_ ~ - ~ - . AT L;F,:,t ot Public ~ N.t C'~.:,'.:;~ . . , .:V IY' 593~ i _ ~Ot iCJiU t71Ku C,ti .UV.I 1~.a , u~.Ui.~ ir ~Si iE,~ ~ ~ ~ ~ . c - ~ - ) . ~ ~ ~ . 1 - ~~r~ - SSpste Below TAIs line Rlsened far lenAer and Rtcorder) - WZv2~~Q - . 0020084041 ~ ~ ~ ~ ~ ~ ~ z+ • . , ~ ~ , . ~ go~ 40 ~a~F ~ . . A~~se, , ~,,m .e, ~,.~,e.~ - - ~ ~ ~v~ -~a~~ ~.~~~.~•z _ ~