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pnor to cn~ry o( a ~ud~ment enturcing th~s ~lortgage if : 1 a) Borrawer pay~ l.ender s~ sums wh~ch w~~f ~ then due unde~ _
th~s Mortgage, ~he Note and notes securing Fuiure fidv~n~e~, if ~ny, had no acceleration occurred: (b) Borrower cures
ail breaches a( any other covenants or agreements of Borrower rontained in this Mongage: (c) Borrower pays ali reasonablt
expenses incurred by Lendrr in enforring the covenants and agrrements of Borrower contained in this Morlgage and in
enforcing Lender's remetiiies as provided in pa~agraph 18 hereo(, including, but not limited to, reasonable attorney~s fees; and
(d) Borrowtr takes such adioa as Lender may reawnably reyuire to auure that the lien of this Mortgage, Lender's interest
in the Property and Borrow•et's obligat~on to pay the sums securtd by this !~tongage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall rema~n in full forre and eff~et as if
no acceleration had occurred.
20. Assitnmenf of Rents; Appointmeat ot Rtrejver. A. addrtional secunty hereunder, Borrower hereby assigns to
Lende~ the rentc of the Property, provided th~~ Borrower shali. prior to acceleration under paragraph 18 hereof or abandon-
m~m of the Property, have the right to collect and reta~n such rents as they become due and payable.
Upon arceleration under paragraph 1R hereof or abandonment of the Propcrt~•, Lender shall be entitled to have a
receiver appointed by a court to enter upon, take po~se~si~~n of and manage the Property~ and to ~ollect the rents of the
Prcperty, including those past due. All rents collected b} the receiver shall he applied fint to paymem of the costs of
management of the Proper~y and collection uf renb, including, hut not limited to, receiver's fees, premiums or~ recerver's
honda and reasonable attorne}•'s fees, and then to thc ~um> >ecured by this Mortgage. The receiver shall be liablP to account
only for ~hose rents actuall}' received.
21. Future Ad~~ances. Upon reyuest b~ Borrowrr. 1_ender, at I.ender's option within twentp yea~s from the date of this
11~~rtg~ge, may make Fuwre Advances to Bormwer. Such Future A~vances, with interest thereon, shall he secured by this
~lortgage when evidenced b}• promissor} notes ~tating that said note. are secured hereby. At no time shall the principal
amount of the indebtedness secured b~• this Murtgage, not including ~ums advanced in accordan~e herewith to protect the
~ ~ecurity of this Mortgage, e~ceed the original amount of the N~te plus USS _o-
22. Release. Upon payment of all sums secured by th~s Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower sh~il pa}' all costs of recurd:~U.~n, if :~ny.
23. Attorne~'s Fees. As used in this htongagc and in the Note. "attorncy's fres" shall include attorney's fees, if any,
~~hich may be aw•ardeJ by an appellate cuun.
IN WITNESS WHEREOF, Borrowcr has rxrcuted this hiortgagc.
Signed, sealyd and delivered
in th~ presence of: ~ ~
~ ~ ~
~
\ ~ % ' (Sea!)
pl. Zi1~ -Borrower
6
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~$Ca~~
A. ZITC) -eo.~~~.
STATE OF FLORIDA, N~1I7 COUflly SS:
I hereb~~ certify that on this day, before mc, an uRirer dul~ au~h~~rized in the state aforesaid and in the count}•
aforesaid to take acknowiedgrments, prrsonally appearcd
Q~ARLES A. ZITO AI~ID Ng~RIA A. ZITO, his wife
~
~ _ , to me known tu Fk the person(s) described in and who executed the
~ foregaing instrumcnt and acknowl~dgrd beforr me that they cxecutcd the sarne for the purpose therein
~ expressed.
~ 1 : ; \
~~`.W~,7rt~srs.mg~Rand and official seal in the count~ a~d state aforesaid this 19th day of
~ _ ~ c . ~ = ~ ~ AiJQtJST , 1983
~ .~My Camrniss~on ex~rrs:
~ ~ _ . ~ ~ ,
~ C~ . i9Ra~l ~ ~ {
~ _ ~ . Notary Public
' ~ ~ [~OTARY e~BUC STATE CF FL~RIDI~ ,
M,Y COMM!SSION ExF~~ES J~~ 30 1986 ;
eorr~o r~e,~ crc.ER~I I;+S ~ u[•DERwB~T~RS
~ .
~ (Space Below This Lme Reurved For Lender ar,d Recorder)
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