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HomeMy WebLinkAbout0931 . . ~ . - . p~ior to catry of a judpneat enfor~ciaj this Mort~a~e if: (a) Borrower pays L.tader all surrn ~vl~ich would be thea due under tbit Mort~a~e. the Note and nota securin: Future Advsnces. i[ any. i~ad no acc~kntion oocurred; (b) Borrower cura all biracl~ea of any otlie.r coveaants or ag~eemenu of Bomower contained in this MongaQe; (t) Borrawer pays all reasonable ea[pe~a incurnd by I.eader in enforcina tbe oovenaats aad agroements of Borrowa cant~inod in this Mort~ga and ia en[orcin~ I~ender's r~anedia as provided in para~raph 18 heroof. including. but not limited to, reasonable attorney's fees: and (d) Borm~ver taka wch sction as Laader may teasonahly sequire to aasur~ that tbe lien of this Mottgage. Lender'a iaterat in tbe Prvperty and Bomo~ver'~ obligation to psy the sums secured by this Mortgage shall oontinue uoimpaic+ed. Upoa such payment aad cure by Horrower. this Mortgage and the obligations ucurod hereby shall remain in full foroe and e8ect u if 0o aocelustion had occurted. 20. A~eeat ot Redr, Ap*oi~t~cnt oE Reeelre;. As additional xcurity hcreunder, Borrower hereby assigas to Lender tbe nuu of the Property. providsd that Borrower shall, prior to acceleration under paragraph 18 heceof or abandoa- meat of the Property. have the right to coIlect and ntain such rtnts ~ they become due and payabk. Upon acceleration under puagraph }8 hereof or abandonment of the Proporty, Lender shall be eatitkd to 6ave a rireiver appointed by a ~ourt to enter upon, take possession of and manage the Praperiy and to collect tt~e nnts of the Property, including thaae put due. All rents collxted by the recciver shall be applied first to pzyment of the costs of management of the Property and collection of nnts, including, but not limited to, roceiver's fees, premiums on receiver's boada aad reasonab{e sttorney's fees, and then to the surtu secured by this Mortgage. receiver shall be liable to account oniy for thoae nnb utually rxeived. 21. FU~n Advatces. Upoa request by Borrower, L.ender, at Lender's option within twenry yean fi+om the date of thia Mortgage, m:y make Future Advances to Borrower. Such Future Advances, with interat theroon, shalt be secured by this Mortgage wt?en evidenoed by promissary aotes stating that said notes are secured hereby. At no time shall the priacip~l unount of the iadebteda~ss aecurod by this Mortgage, not includiag sums advanced io aoco~daace herew~th to protect the security of this Mortgage~ exceed the original amount of the Note ptus USS. 23,0~I1.00 . Z2. Rdea~e. Upoa payment of all sums socured by thi: Mortgage, Lendtr shap niease this Mortgage without char~e to Botrow~r. Bormwer shall pay all costs of recordation, if any. 23. Atto~xy's Feer. As used in this Mortgage and in the Note, "attorney's fea" shall include attorney's fees, if any. which may be awarded by ln appellate coutt. IN W~n1ESS WxEREOF, Bonower has eaecuted this Mortgage. Signed, ualed and delivend in the prGSence of: / ~ . . . . . ~ ti: . .,~-`Z~.`~ r . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Seal) ~ ~ ROBERT . OSSITTp -°O"'°"" / ° : ~ . . . . . . . . . C~tN r'-' .~~o.~J. S . (Seal) . . . ; N1ARC I A~J . ROSS I7T0 ~Of'°1N" ' PALM BEACH STATE OF ~.ORIDA t~/ , I hercby certify that on this day, before me, an oBScer duly suthorized in the state aforesaid and in tl~e county ; a~oresaac~ to take acknowlodgements, personally appeared ROBFRT. RQS~I.T.TQ . a od. MARC I A. J. . RQSS I TTO , h~.s w~ e to me known to be the person(s) describe~ in and who executod the ~ . . THEY l foregoin,g iqstrument aad acknowledged before me that eaecuted the same for the parpose therein ~ ~ ~ ~ j~'' 14th ~ -~VN.~~t'Nts,~4~ ~,~nd o~cial seal in the county and state aforesaid this. . . . . . . . . . . . . . . .day of ~/'ti• _ ' 19 . . . . ~ ~~1;(:~r~.~.J.:...rr.n ` ' .1?_-, `'l 1bbt;c, ai teS of Florida at Lrrge / ' ~,U~~~~'~=$~C~a~ission Exp~res Feb. 18, Y~$4........... . ~ : . ~ Y . • i . c, ~ - ~~/~d Tlw Tror hi~ lea~rfsG'ldt~ ' ' / ~Y ~ ~~~'y.• ~ ~ ~ „ ' y~ Pub1iC ~ "Par,aq~p li c~oQt?tfiued) ~ y h"~ftangg`S~._-~n~~the interest rate occasioned by this paragraph 17 shal l be subre~c ;,fur..$ti.er adjustments in the interest rate and monthly payments as provid~ , ;tJ~e"t~ote. , Ad'+~ nts i~ the interest rate made by virtue of the provisions of the ~ Note shal ~ no effect or bearing upon the provisions of this paragraph 17. ~ ~ ° ~ t (Spsc~ BWow Tfils Line R~rv~d For LendK and R~eordeh s ~ r d F ' 11~ ~ eo~~K PMcE _ ~.y-~~-~~~->~;; - - - - - - .~-....~..c