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HomeMy WebLinkAbout0998 ~ prior to cntry ot a judgment entarcing this Mortg~ge if : f a) Borrower pays t.enJer atl sums which would be then due under this Morigagr, the Note and notes ucunng Fu~ure Advances, if any, had no acceleration occurrcd: lb) Borrower curts all breache. of any other rovenant~ or :+greements of Borr.~wer contained in thi~ M~~ngage; Ic) Borrower pays all reasonable txpenses incurred h}• L.ender in entorcing thc covenants and agreements of Borrower contained in this Mortgage and in Cnforcing Lende~'s remedies as provided in paragraph IA hereo(, including, but not limited to, reasonable altorney's ttes: and (d} B~urower takes such action as l.ender may reasonably require ~o assure that the lien of this Mortgage,- Lender's interest in the Property and B~rrower's obligation to pay the sums xcured by this Mortgage shall continue unimpaired. Upon sueh payment and cure hy Borrower, this Mortgage a~d the obligations secured hereby shall remain in fu~l force and etfect as it no Qcceleratiun had occurred. 20. Assignmeol ot Rents; Appoi~tment of Recei~•er. Ac additional security hereunder. Borrower hereby assigns to l.ender the rents of the Property, provided that Borruwer shall, prior to acceleration u~der paragraph 18 hereof or abandoo- mrnt of ~he Property, have the right to cullect and reta?n such rents as they become due and payabie. Upon arceleration under paragraph 18 hereof or ahandonment o( the Property, 1_ender shal! be entitled to have a receiver appointed by~ a court to enter upon, take possession of and manage the Property and to collect the rtnts of the Property, including those past due. All rents collected by the receiver shall be applied 6nt to payment of the costs of management of the Property and collection of rents, including, but nat limited to, receivtr's fees, premiums on receiver's honds and reasonable attorney~'s fees, and then to the sums secured hy this Mortgage. 71~e receiver shall be liable to account anly for those rents actually received. 21. Future Ad~ancts. Upon reyuest by Borrower, l.ender, at l.ender's option wEthin twenty years from the datt of this Mortgage, may make Future Advances to Borrow•e~. Such Future Advances, with interest thereon, shal) he secured by this I~tortgage when evidenced by promissory notes stating that said notes are ~ecured hrreby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exteed the original amount of thc Note plus USS 8.s.QOpr ~Q . . . . . . . . . . . . . . . . . . . 22. Re)ease. Upon payment of all sums secured by this Mortgage, [.ender shall release this Mortgage without charge to Borrower. Borrowe~ shall pay all costs of recordat~an, if ~n~. 23. Attorney's Fees. AS used in this Mortgage and in the Note, "attorney's fees" shal) include attorney's fees, if any, which may be awarJed by an appellate coun. IN WiTNESS WHEREOF, Borrowcr has exrcutcd this fi~lortgagc. Signcd, scalyd and delivered in the presence of: ..~C~~.~. s~-~-a~`' • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~ . . . . . . . . . . . al) Robert A. Johns ~OfO'"" . . . . . 7~. . . . . . . . . . . ~ B.!l . . . . . . . . . . (Seal) . L2~L U . . . J~ce . Johns ~ -$o~?ow.. STATE OF FLORIDA, . . . . . . . . . . . S~•. .LUCI~ . . . . . . . . . . . . . . . . . . .County ss: I hereby certify that on this day, b~forc m~, an otficer dul~~ authorized in the state aforesaid and in the county aforesaid to take acknowledgrments, p~rsanally appeared ..RQ$~RT. A•. JQ~1S. antl ..IQXCE. L.. .IQHNS his ,w~~e, , , , , , , , , , , , , , , , , , , , , , , , , , to me known to be the person(s ) described in and who ezecuted ihc foregoing instrument and ackno~~ledged beton me that. ..~h~y. ...executed the same for the purpose therein ezpressed. o,G "W~TNESS my hand and official s~al in the couot} and state aforesaid this....... ~.3..-..........day of . 19.$3. . ~ ' ~ ~ ,~x~~p~i~s~on,~xp,res: . ' ' 1. f• / . . . . . . . . . . . . . • . . . . . . . . . . . . . . . . . . . . _ ,L~ , ' . Haary Pu lic : _ : ~ ~ ` ~ 1ubGc. St~ts d Ao:ii+ at LarW - x:;~ ~N ~ F ~ ~ . ~ ~ies 30, 1983 - • ~N~ b Awnc+~ fin ? C+:wl~ G+~vwL ~ ' . - - ~ . l ' ~ ' ~ . ~ ~ ^ _ , ' • 1 , / . . ' (SD~~ Below T~is Line Resentd Fov Lender and Recorde~) 19~3 ~ 4 4~ . - . . - , . ~ ~ A . . ~i~~'V t',w T~ ~ • ~f~ 1~ i~~t i ~ - _ . , _ _ _ -T -