HomeMy WebLinkAbout0972
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prior to eotry of a judjmeot eafw~cina tha Mo~tpse if: ta) Honowe~ pays Lender all sums which would be thee due uode~
this Monp~e. tlfe Nota and uota secuMns Future Advsnces. it any. had no aocekation occu~red; (b) Bormwe~ cura
all b~+sacha o[ anr ottKr covenants or a~eementt oi Borrowe~ contained in this Mwt~a~e: (c) Borrower pays all reasonaWe
expenses incurred by Lendet in enforcinj the covenants and a~amenu of Horrower contained io this Mort`s~e snd in
eeforcin~ Lender's remedia as provided in paaaraph 18 hereot. includi~=. but eat limited to. reasonabk sttomey': tas: a~d
(d) Hornovver taka such aclion as Lende~ may ressonabiy rcquire tc+ assu~ that the lien of this Mortp=e, l.ande~'s i~terest
in the Pr+opetty and Bomower'~ obli~ation to pay the sums securcd by this Mo~tpge shall conti~ue unimpaired. Upon such
• payment and curc by Borrower, this Mortgaje snd the obfigatioos secured hercby :l~all remain in full toroe aod eBect ss if
no accelention had occurred. ~
20. A~d~sN ot Rewb; A~oWa~eN ot Reedver. As additional security hercunder. Bocmwe~ hercby usi~ns to
Lende~ the rcnts of the Property. provided that Borrower shall. prior to acctkration under pars~~sph 18 hereof o~ abandon-
meo~ of the Property~ have the ~ight to collect and rctain stuh rcots u they become due and payabk.
Upon accekntion under paragraph 18 hercof or aban~onment of the Propeny. i.ender shaU be entitled to have a
receiver appanted b~ a court to e~ter upon. take poaseuion .of and manage the Property and to collect ihe reats of the
Prcpeny. inctuding thoae put due. All rents collxted by the roceiver shall be applied fint to payment of the costs of
management of the Propeny and collection of rents, including, but not limited to. receiver's fees, premiums on roceiver
s
bonds and reasonabk attomey's fea. and then to the sums secured by this Mongage. The receiver shall be liable to account
only for those rcnts actually rcceived.
- ~ ~l. FNra Advasce+~. Upon rcquest by Borrower. l..ender. at Lender's option within twenty yean from the date of this
Mortgage, may make Futute Advances to Borrower. Such Future Advances. with interest thereon. shall be socured by this
Mortgage when evidenced by promissory nota stating that said notes are secured hereby. At no titne shall the principal
amount ot the indebtednas secured by this Mortgage, not iocluding sums advanced in accordance hdt'ewith to protect the
~ y gage, exceed the original amount of the Note plus USS No1~
` ` sccurit of this Mort
Z2. Rde~se. Upon payme~t of all sums securcd by this Mortgage. Lender shall release this Mortgage without chsr~
to Borrower. Borrower shall pay all costs of rtcordation. if any.
23. Attorsey's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fea, if aay.
which may be awarded by an appellate court. '
IN WITNESS WHEREOF. Borrower has executed this Mortgage.
Signed, sealed and delivered
in the ptesence of: "
x ~0 c~3
DQnn i s A. 6r y -soRO~e..
X Q
" Erms J. 6 y -so~~ow..
STATE OF FLORIDA, St LUC1! Cp~ty
I hereby certify that on this day, before mc, an officer duly authorized in the state aforesaid and in the oouaty
aforecaid to talce acknowledgements, personally appeared ~nn i s A. Qrsy and Erma J.
6ray, his wif~ -
, to me known to be the person(s) described in and who eaecuted the
foregoing instrument and acknowledgcd before me that They eaecuted the same for the purpose therein
expressed.
W~rrtESS my hand and official seat in the county and state aforesaid this 13th ~~y ~
- Apri 1 , 19~4 •
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i My Commission expires: l: ° yd
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