HomeMy WebLinkAbout0990 F. .
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prior ~o entry d a judpme~nt entorcenj tbis Mort~ye it: la) BoTrower paps L.endu a1l:wns which wcyW be then dua und~r
thi: Mortp~e. the Ns~e and nota ~ecuri~ Fwuro Advanoes. u aay. ~ Aad ao sooekratioa occurned: ~S) Hort~ cu~w '
. all a+eacha ot sny aber cove~uu+a or s~eeme~a ot 6omo~wer oom,uned ~a this Monp~e: la) 9on~o~rK P~ys aH rwo~bi~
. expe~es ir~eumed by Leade~ in ~af~rcin~ the coveoana ~tnd ap+eoments of 8ort~ oona~ined i~~ t!~ McrtZap a~d in
e~torcinj Lender': rtrtKdia as pruvided in Par+y~sPh 18 hereof, ir~cludins, but aot limited to. rcs~oaablt aYamey's tea: and
(d) Borrower taka sucA actan as Lender may rea:onably roq.uir+e a usure that the liea of this Mort~a~e. 1~ iat~at
~:n Prc~e:ty and Homo~re~ i obli~,ation to pay the wms securod by this Matpye ~all cattintle uaimpaired. Upon tpch ~
payment and cure by 8orro~ver. this Mortp,~e and the oblip,ations ~ecured I~roby =hall .ret~naia in tn11 toroe sod eQect a it
0o socakratio~ had oarorred. • .
2~ Ar~a~eM ot Re~r A!loi~t~ o~ RecNver. addi. rna! security henuader. Barro~ Inreb~r sui~ to
Lender t6e rena oE tbe Property.~ rovided that 8orrower sFu~1F pYidr~ acCelenfiqQ under psra~raph 18 hereof ot abandoa-
ment of the Property. bave the ri ht to collect aod retain sucli tents .the becort~?due and payabk. ~
Upon sooekntion under paragnph 18 hereof or abandonn~t of the Propetty. Lende~ shall be p~6tled to ha~re a
roceiver appanted by a oouA to ente~ upon. take posseuioe uf and maaage the P~+operty and to colkct d~e roab of the
. Propeny. includina those put due. ~1{I .rcnts collected by the reoeiver shall be applied tirst to payment of the cosb of
managemeot of the Propeny r.nd collection of rcncs, includi~g, but not limited to. ceoeiver's fas. promiums on reoetver':
bonds and rcasonabk attorney's fea, and then to the sums secured by this Mongase. The r~ceiver shall be liabk to account
onty tor those reats actwlly reoeivod.
21. Fotore Advaoce+~. Upw~ rcquest by Bormwer. [.endef, at Lender
s option within twa~ty years ft+om the date of this
Mongage. may make Futurc Adva~ces to Borrower. Such Future Advancss. with interat thereon, shall be ~ecured by t6is
Monpga when evideaced by promissory notes stating that said notes arc socured hercby. At no time shall the ptincipal
. amount of the iadebtodness secured by this Mong~ge. not includiog sums advanced in aocordsnoe lx~rith w protect the
secuiity of this Mortgage. exceed the original amount of the Note ptus USS: . .1~ . . . . . . . . . . . : . . .
22. Rdeau. Upon paYment of all sums socured by this Mortgaae. I.ender shall r~ek~se this~Mort~a=e wjtbout cUsrse
to Borrower. Borrower shall pay all coats of rccordation, if any.
23. Aito~cy's Fees. As used in this Mongage and in the Note. "attorney's kes" shall include attorney's fees. if any,
which may be awardod by an ~ppellate court. .
IN WITNESS WHEREOF, Borrow~cr has executed this Mongage. ~ .
Signed, sealed and delivered
in the prese of: .
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. . . . . 6..~~. _ ~
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.ffi+AL~A j
; S7'ATE OF FLORIDA, . . . . . . PAIM BE~I
. . . . . . : . . . . . . . . . . . . . . . .COUlthl SS:
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~ I hereby certify that on this day, bcfore mc, an ofticer duly authorized in the state aforesaid and in the oounty ~
~ afore.said to take acknowledgements. pcrsonally appea~ed....I+[T~SI .GI+~1~AtaT~I~11E -
•••~~-C~~AT~14~+~~~h38~. ~@., to me koown io bc the pcrson(s) described in and who executod the
` forcgoing instrument and ackaowledgcd beforo me that. .t~y. ...,:..cxecuted the samz for the purpose the~ein
expraased.
and o6cial seal in th~ county and st o this. . . . . . . . . . . . .day of
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i NOf~ry P11b1iC
<t ~~r ~r ~ ~ °-"~OT~~Y PUBLK STATE OF FLORIOA
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M1C~O~Y(~A~SS~oN EXPtRES F~s 1 19a7
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~ STEWART TITLE OF PALM BEACH COUNTY -
~ ~ v~J~., 19C~6 U. S.'HIGHWAY 1 _
- - TEQUESTA, FEORIDA 33458 .
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