HomeMy WebLinkAbout0924 . . ~~V~~
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ptwr to en~~y ot a ~ud~ment entorc~ng th~s MortEa~tc ~ 1 8o~~owet paya I.e~xier rll ~ums wh~ch v?ould be theo due unde?
th~s Mo?t~age, ~he No1e and no~es securmg Futu~e Ad~anre.. ~t aoy, had m~ acccle~aUon c~c~urrcd: ~ hl Bnrrowe~ cutes
aU S~taches ot a~y othet covenanb or •r`reem~nh ol 8orr~~wer ~unta~ned in thi~ ~ioh~agc: ~rl ik?rrower pays all rcasonable
expenses mcurred by Lende~ m entoreing ihc c~•~enrnts and aRreemtnb o~ EMr~uwer :anta~ned m th~s M~r~p~e and ~n
ea[orci~j Ltoder'stemedies as provKled ~n ~ragr.?ph I!t he~rof. includ~ng, hu1 n~~~ I~mut~1 ~o. rc~~onable altatneY~s (ets, and
(d) Borrowe~ ~akes such act~oo as I.enJc~ ma~ ttax~naM~ rrywrc a~ ~s~urc ~hat the lirn af ih~s Warteage, Lendet's in~e~at
m Ihe Propeny and 8orrower's ahl~gat~on to p.~y the sums sccurai h} ~h~ti ~1~~ngagc .hall cont~nue ummpaired. Up~n sucA
paymeot aod c~n by Bo~rower, th~s Mc~ngagc rnd the .~hligations secured hrrcby sh~ll r~ma~n in full forcc a~d effect as ~t
no accele~a~~on had occurred. ~
20. Assi~n~tot ot Rewts; Arpoiala~eal ot Rccei~er. A. add~t~unal ~ccuruy hcnunder. 8arrowe~ hereby ass~gns to
Lender the rcn~s ot ~hc Properry, pruv~dcd ~hrt B.~~ruwcr ~h~ll, pn~~r to ac~tl~rau~~n uoder pa~agnph 1 R hercot ot abandon-
ment of the P~operty, Aave thc right to rollcc~ a~d rctain wch ~ntc as thcy bcrnmc Jue and payable.
Upoo acceleratian unde~ parag~aph IR hercof or ahanclonment o( the Propcrty. l.cnder shall hc entitled to have a
rtceiver appointed by a court to ente~ upan, ~ake possc~sion ut and manage the Property and ta collcc~ the rents of the
Propetty, including those past due. AU rc~~s c.~ae~~ea ny thc recc~vcr ~hall hc app6td Brst ~o payment of the costs of
maoagement of the Proper~y aod collecuan at ren~~, including, but not I~m~tc~i to, rtcerver'~ tees, premium~ on receiver's
bonds and reasonable attorncy's fees, and the~ to the sums secured hy this 1~longage. ~ The receiver shall ~he liable to account
only tor ~hose rcnts actually received.
21. F~hu~e Adrsac~s. Upo~ request by Borrow•er, l.ender. at I.ender's optian w~thin tweMy ycars from the date of this
Mortgage, may make Future Advances to Borrower. Such Futurc Advancc~; vvith interes~ ~hereon, shall be secured by this
Mortaage wheo svidenced by promissory notes stating that said note~ a~e secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mor~gage, not ~ncluding ~ums advanced i~ accordance herewith to protect the
security ot this Mortgage. exceed the original amount ot the Note plus USS ~
2t Reka~t. Upot~ payment ot all sums secured by th~s Mortgage, Lender shall rclease this Mortgage without chujt
to Bottower. Borrower shall pay all costs o[ recordat~un, il any.
, 23. Atloneys Fces. As uxd ~n th~s Mortgage and m the Note. "atto~ney's fccs" shall include attorney's [ees, if any,
which may be awuded by an appellate coun.
IN WITNESS WHEREOF, Borrower has executed this Mortgage. '
Signed. sealed and delivered
in the presence of : ~
.
^~~et- _ (Seal)
~~Y ~ . -BORROWER
( Seal ) ~
-BORROWER
f
j - (Seal)
-BORROWER
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` (Seal) ~
i -BORROWER ~
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! STATE OF FLORIDA, ~E County ss : ~
3
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I hereby certify that on this day, before me. an officer duly authorized in the state aforesaid and
in the county aforesaid to take acknowledgements, personally appeared
'I~QdY BOftIC~i ~ tu~onarr iet~
~ , to me known to be the person (s) described in and who executed
~ the foregoing instrument and acknowledged before me that ~y executed the same for the
purpose-therein expressed.
WtTNESS my hand and official seal in the county and state aforesaid this a~~~J day of
~ . - ~ , 19
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t ~y,Cot~iaii8siot~. expires : ~fry t~Mie ib1~ q Florid~ At 1.u~e
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~,Q ~ ~ Co~i~1o~ E,~ira Ilow~bu t. 09,1,~,,,v.~ ~
~ ~ ~ i{~SAx).~ ~ _t~ NOTARY PUBLtC
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(Svac~ below ~hii lie~ R~«~r~d For l~ndtr ond R~cwd~r)
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f i~R ~O PAGE 924
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