HomeMy WebLinkAbout0956 prior to entry of a judgment enforcing this Mortgage if: ~ a) Borrower pays l.ender all sums which would he then due unde~
this Mortgage, the Note and notes securing ~uture Advances, ii any, had no acceleration occurred; tb) Borrower cures
all breaches of any other covenants or agreeme~ts of Bo~rower contained i~ this Morlgage; (c) Borrower pa~~s all reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided i~ paragraph 18 hereof. including, but not limited to, reasonable attorney's fees: and
(d) Borrower takes such action as Lend=r may reasonably reyuire to assure that.the lien of this Mortgage. Lender's interest
in the Property and Bormwer's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upo~ such
payment and curc by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as i(
no acceleration had occurred.
Z0. Assigameat ot Reat~ Appolatmeat of Recciver. As additio~al security hereunder, Borrower he~eby assigr?s to
Lende~ the re~ts ot the P~operty, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect and retain such rents as ihey become due and payable.
Upo~ acceleration under paragraph 18 hereof or abandonment of the Properiy. Lender shall be entitled to have a
receiver appointed by a court to enter upon, take possession of and manage the Propeny and to collect the rents of the
Property. including those past due. All rents collected by the receiver shall be applied first to payment of the costs of
management of the Property and collectio~ of rents, includi~g, but not limited to, rereiver's fees, premiums on receiver's
bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. 'ifie receiver shall be liable to account
only for those rents actually received.
21. Fnture Advancea. Upon requesl by Borrower. Lender, at Lender s option within twe~ty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this
Mortgage when evidenced by promissory nofes stating that said notes are secured hereby: At no time shall the principal
amount of the indebtedness secured by this Mongage, not including sums advanced in accordance erewith q roie~
t the
security of this Mortgage. exceed the original amount of the Note plus USS. T$N. .A~(Q, ,Q.O/.~00, .~~l~.GU)
22. Release. Upon payment of all sums secured by this Mortgage. Lender shall ~lease this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any: '
23. Attorney's Fees. A`s used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any,
which may be awarded by an appellate court. .
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the Dresence of:
. ~ ~
TVAN'A'. 'SCHAICH. .(Seal)
--8orrower
~ ~ ~ ~ ~
' SOPH A' J:' KAI CH '
~K
STATE OF FLORIDA . . . . . . . : . . . . . . . . . . ~~r . . . . . . . .County ss:
I hereby ceriify that on t6is day, before me, an officer duly authoriud in ihe state aforesaid and in the county
' aforesaid_to take acknowledgements, personally appeared. . . . IVAN . ~1.~ . SCI~~II,GH, ,a}~d ;$OQ}I~,A,,7.. . , ,
i SC~~~ Gi~ ,Y~psl~~~ld , and. w i f e_,..., to me known to be the person(s) described in and who executed the
' foregoing instrument and acknowledged befan; me that. they, ,.executed the same for the purpose therein
f expressed. -
i
E W~TNESS my han~d and official seal in the county and state aforesaid this. .25~ . .day of
~ .......J~.--.......,19..84... .
. .
:
! My f.'o~~~p~tpires:; . . . . . . . . ~ . . . . . . . . . . . . . . . . . . . . . .
~ S ~ `y~~~~/~~'.~.`` r ' Q~~ CNt~ #I~tary Publie
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; ~ , .
~Y; , Q Notuy Puait. State of F~orida at larpe 067438-2
~ l~~: Yy Comm~tswn Exp~res Allay 21.1985
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