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HomeMy WebLinkAbout2286 ~ ~ 3 ~11 , ~ ~ ~ > { F S ~ 19. Borrower's Righi to Reuistata. \`uh~•itlisltsn~lin~; l:rmtc~r'~ :?c~•eleration uf tlie ~um~; se~ured hy tl~is ~1ort- ~ ~ gage, Rorrowcr ,hnll hn~•e the ri~lit lo hn~•c i?ny ~rrorreclin};. 1?e~un I~~• I.en~icr io ~~nforce thi• \l~~rtKn~e diseun- ~ ` tinucci eit nny tiiue prior to cntr~• of a jud~~nenc r.ntorcin~ thi~ ~tort~;a~;c• if : 1:11 l;urr.ti~cer ~~ay~ I.enrler all su~us ~ ' which would be thLn due ~m~ter thi~ \lortga~;c, il?c :~'c~tc an~i uotc~ ~ecurii~~; Future :1~I~~ances, i!' nn~•, had no iiccel- ; erat.ion oecurred; (b) I~orroH•er cures nll brenci~es of i?n~~ othc~r co~•~~~uu~t~ or a~;memenl~ ot l;orru~~•er contained ii~ ~ f this ~fortgage; (c) 13orro~~•er p:?ys atl reasontil?l~ ~x~?eii~c~s incurrc•cl 1?~~ I.en~lrr in enforcin~ the co~•enr?nts :u~d 4 ; = ngrecnients o! 13orro+~~cr contained in this ~fort~a~e :~n~l in eniarcin~; I.cn~icr'~ re~nedie~ a~ ~>ro~~i~lc~i in ~eara~ra~ih f ~ 18 hereof, ineluding, but not liii~itcd ta, reasonal~le itttornc~~~'~ f~~~~s: i?ncl ~~I) liorro~cer titke~ ~ucli i?ction a~s l,ender ~ i ~uay reasonably require to t~ssure that tlie li~n of tl?i~ ~Iort~;s~~. I.cn~lcr'~ int~re.t in the Yro~~crl~~ a~ul 13orroti~~er's : obligation to ps?y~ tl?c siuri~ scci~rcd by this \i~rt~n~;c slii:ll continur ~inim~?:~irr~l. 1'~~oil ~ucl? ~)21Y111Pl1t ~lllll CU1'(' ~ ~ Aorrower, this \Tortgn~e and tl?c ohliga/ian••rcurecl I?cr~~l,~• .liall remaiin i~~ full force nn~l ~11ect u~ it no arcelerzi- ; tion hnci occurred.~ ~ 3 ~ 20. Asaigt~tnent o! Rents; Appointment of Receiver. u~l~litionnl ~~~rurit~• hereun~ler, Ro~•ron'~~r 1?~reb~• 4 ; ucsigns to I.ender the rents of thc Yro~?ert~•, ~~rori~lc~l that f3orro~~•~~r ~liall, ~~riu~• to accelcration un~lcr ~inrn~;ra~~h ; ; 18 hercof or nbnndonment of the Proa~eri~•, hnrc thc ri~ht to colicct iuid.retain ~ucl~ rent~ a~ thc~~ hecon~c cluc nn~i ~ ; payable. ' '~.Upon acceleration under ~~arngra~~h 18 hrrcof or:~ban~ionment o[ the Yro~~crty, I.endcr shr?11 he entitleci to ~ ~ have n receit~er app~inte~l h~~ n rourt to enter ul~on, take ~~ossession of an~l n~ana~c the Yroj~erty and to collect the rents of the Fro~~ert~•, includin~; fhose ~~ast ctue. :11) ~rent~ colleetetl h~• tlir i-ec~i~•er shall 1?e zJ~~~lied fi~t ta pnyment ~ of the costs of mann~ement of the Yro~~ert~~ zuid cellection ot rents, inclii~lin~, I,ut not limited to, recei~~er's fecs. ~ premiums on rccei~~er's bon~i~ :u~d reasonablc~ aitorne~•'~ fces, anct then to tl~c• ~~uus secwrcl h~~ this ~(ort~a~e. The receiver shall be linble to account onh~ for thosc r~ntr nctuall~~ recei~•e~l. ~ ; 21. Future Advances. Upon request. h~• 13orrow•cr, I.ender, ut- I.ender's o~~tion ~~•ithin t~?•ent~• ye:~rs h•om the ; ` date of this ~fortgage, ma}~ make Future Ad~•~nces to Borro~~•er. 5ucl~ Futurc r1~h~nnce~, ~~•ith intere:t. thercon, shnll ! ' - be secured by thi; \iortgage «•hen e~~idencc~l b}• ~n•omi~5or~• notcs stating that :zi~t notes nre ~ccureci hereb~•. :1t no t time shr.ll the principal nmount oi the indehtedne~~ ~ecurcd i,~~ this \Iortga~e. not includin~ sums aci~•nnced i~i accordance heren~ith to ~irotect the securit~• ~f thi~ ~tortgt~~e, c~cee~i the ori~inal :~mount of the \ot~ plus 3 USi'-- 1QR4~3Q.~QO'-_. 22. Release. Upon p~?yment of all sun~s secured b~• thi~ \tortfia~c, T.ender shnll rcleNSC tl~is ~lortga~e ~~•ithout ~ i,' charge to Borrower. Borron•er shnll ~~a~• all cost~ t~f recordntion, if am•. Ix ~VITNESS "~AERFOF~ Borro~~•er ht~s esecttted tLis lfortgage. _ - . . _ i; Signed, se~led ~nd delivered ~ ~ - in the resence of : , ` - ~ . ~ ~ - - ~ -(Seall ~ - - - - - - _ - - ~ Ronalci F. NOrC~CI~L17.8 -BorroRer _ - $ ~i . • - , ~ . . - 4: V ---____Q,G_~___~/-s~'------ -~~-Lc~c-c:s~--~--,T- -y,- - - (Seal) .r ~ ' ~ " ~ . " ~ PatPicia Aw L~~r{.i .g4 -~nOWeT ;a _ - - . : ~ _135.__~erenata--_Cnurt---------- - ~ ~ _P!ort-- St~--LU~~~~-=- F7~Qx~,da---~3_45~---- ` ~ - - Property Address - ~ ± ST~TEOFFIARID~~_.....__..S$~I1t_.IiLlCl£ COl1Ilt~-ss: ~ ~ I he~ eb~' i:t"',i~iliZ- tlt~t. u~i t1~i5 da}~, befoi•e mc, ~i~e of r~icei• dul~• .iuthori•r.ecl iii it~e state ~~foi•es~icl a~id I~'~ • i~i tlie coui;t~~~ afoi•esaid to take ackno~~•leclrements, perso~ifill~• appeared Ronald __F,.__ Nordquist _ u J _d?7~d__~d~X.~.C_~.s~__A. .to me ~now~i to be tl~e perso~i(s) descriUed in aiicl ~~•ho e~ecuted tl~e r ~ ~T~a~~B~- ~~fe , _ foregoi~tg instrmnent. an a. no~ti• edge ~c ore n;e tl~at they . etccuted tl~e st~me for the ~iurposc ~ . ; ~ tlierein e~Pressed. ~ - - ~ «'iTxFSS ~n~~ a~~ci a~~d offici~?1 ;eal i~i tlu~ couiit.~• :~ttcl st.itc afoi•e5~iid t-his da~' of ! ` - _ - = 19 . - - - - ' . . . I . , . ' J i.= ~ r. 1 . ; : ~ . , • r . ~ , l~ . ' , ~i~• (bmmission expires : - - _ ~ ,~..,..,j;~~- ~ , : \otar~ Ft,IW~ ~~~rt~ ''~i;'fY: ~ . ~ NdTARY PtJ2ltC STATf OF PLORlDIIAT LARGE V~..~""'•-.'~p~'~~ ~.Y, M1f COl~AMISSION EXPIRfS NOY. i@, i~i78 . ° . P- - = ~ ~ LS _ 30NCED THRV GENEkAI IN~URANCE UNDERi~'~21T[RS ' ~ • : ~ ' r _ 'r, _ Q j3• ~ ' : ~ - ~ ~ j..ti= : - -w.;':~ .-.Q.:'~ ' ~ - . s ~ ~-~""r^ .'b ;.~t ' r... . • ' .``-.I~, s - . . , ~~~i ~v lCI ` "~~~~~ai; a- . ` ~ r, ~ ~ - f~///~it11t111»~~~ - - f t`i ~ - ~ ~ y~ , ' ;~St si = - - i~ ? . - ~ ~ . ~ " . 1 • Q~ QK 1kfi (T ~ • - - : ~[rORO V~RiFi~D~ } { _ _ ~ ~ ~ 1~9 -11 ~ ~I'~'~ _ _ = . . , , - ~ . 3~~~~ - _ ~ _ _ F ~ f " . ' _ ~ J~~. 7- - BOOK~~V PAGE~28~ - . - ~RF.2M 5-7l.VBP - ~ 1. t _ - , ' ~ .f _ ~ - ~ j , ~ - ~ .