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HomeMy WebLinkAbout0973 _1' . _ . - . . . .a . . . ~ 11B6~RAL~'T ~t TITLE C4RRORATION OF FLORIDA - - ~ prior to entry of a judgment enforcing this Mongage it: (a) Borrowet pays Lende~ all sums which would be then due u~der this Mohgage, the Note and notes securing Future Advanca. if an~. had ~o acceleration occur~ed; (b) Borrower cura _ all breaches of any other covenants or agraments of Borrower contai~ed in this Mongage; (c) Borrower pays all reasonable expetue.t incurred by Lender in enforcing the covenants and agrte~nts of Borrower contai~ed in this Mortgage and i~ e~forciag Lender's remedia as provided in paragraph 18 fiereof, including. but not limited to, reasonable attorney's fea: and (d) Borrower takes such action as Lender may reasonably require to assure tbat the lien of this Mortgage. Lender's interest in the P~operty aod Bortower's obligation to pay the sums secured by this Mortgage shall rnntinue unimpaired. Upon such payment and cure by Borrowtr. this Mortgage and the obligations secured hereby shall remain in full force and effect as it no aocekratioa had occurrcd. 20. As~oeN of Reof~ Appoidweot of Receiver. As additional security hereunder. Borrower hereby assigns to Lender the re~ts of the Property. provided that Bomowar shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect and retain such rents as they become due and payabk. Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender shali be entitled to have a rcceiver appointed by a court to enter upon. take possession of and manage the Property and to collect the rents of the Property. including those put due. All rents collected by the raeiver shall be applied first to paymeat of the costs of managemeat of tlie Property and collection of rents. including. but not limited to, receiver's fas, premiums on receiver's bonds and reasonabk attorney's fees, and then to the sums secured by this 1?iortgage. 'ILe receiver shall be liable to account ~ only for those rents actualty receivod. 21. F~turs Adrs~ca. Upon request by Borcower, L.ender, at Lender's option within tweary years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advancec, with interest thereo~. shall be secured by this Morigage when evidenoed by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtodness sccured by this Mortgage, not including sums advanced in aocordaace herewith to pmtect the security of this Mortgage. eacceed the original amount of the Note plus USS • . • • • • ••0~ • • • • • • • - • • • • • • • • - • Z2. Rdeaee. Upoa paynnent of atl sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coats of ra:ordation, if aay. 23. Attorsey's Fees. As used in this Mortgage and in the Note. "attorney's fces" shall include attorney's fces. if~aay, which may be awuded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage.. Signed, sealed aad de6vered ~ in the presence of: . ~ . . . .;~!~C!/.t,~ . ~ . . . . . . . . . . . . . . . . . . . ~Y. . . . . . . . . . . . . . . . . . . . (Seal) AMES L. ADAMS -8arowsr ~ . . ~ . : . . . . . . . . . . . . . . . . . . .lX~:~4~ : ~[l.~ . . ~~=:dG~:'r:! : . . . . . . . . . . . . . . . (Seal) ArII~IA MAE ADAMS ~ STATE OF FLORIDA, . . . . . . . . . S ~ ~ . ~tu~i~,pc . . . . . . . . . . . . . . . . . . . . . COll~t~l SS: I hereby certify that on this day, before me, an o8'icer duly authorized in t6e state aforesaid and in the county _ aforesaid to take acknowledgements, personally appeared . . . J~$ . . ~P~. ~'R'I~ . AA~ ~ . . . . . . . h~$ .wif e . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that t~eX eaecnted the same for the purpose therein s expressed. . i WcrrtESS my hand and official seal in the county and state afuresaid this. lst ~y of ~ k . . . . . . . . . . . . . . . . . .Septea~t . . . 19. R3 . ' y~, ~ ~ I~Iy Co.mm~sa~onti~ ea l . ~ . ~ E . . . . . . . . . . . . . . . . . . . . . . . ~ ,^•..r`, . . . ~ . ~ ~ . l~/~ ~ - i . _'~•-i, r~ : ~ ~ . ~Z ~?R Y~ - p~~ STATE OF FLORIOA . 4: ~ - AT t~ W -~?l ; p d_ 9~.~ p~PiRES W1Y a 1984 cr ...~r+'~ 0 ' ~ ~ r'f lA :1 ;,e,: ~ ~ 8 r (Spate B~low This Lins Rts~rwd For Le~der snd R~taded ~ ~ i ~ I~~/~~wlM/~ ~ 1q~3 SEP -2 ~?4 9 On ~ : c : ~ ~ S~. iUr~~ ~~r'~ti~ t. A i~tiG;:R ri:1'r: :S ~ Cl.EF1~ ClfiCtllt CC.~;n: ~ r `..ci• :r ~ ~ ~ ~o K 410 PaGE 973 ~ - ~ - - ~ - - -