HomeMy WebLinkAbout0948 prior to entry of a judgment en[orcing this Mo~tgage if: ta) Borrower pays Lender all sw:~s which would be then dut under
this Mortgage, the Note and notes securing Future Advanca, ~f any, had no acceleration occurred: (b) Bo~rower cures
all breaches ot ~,ny other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all rcasonable
expenses incurred by Lendor in onforcing the covenants and agreements ot Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in parag~aph 18 hercof, includ+ng, but not limited to, reasonable attorney's fees; and
(d) Borrower takes such action as Lende~ may reasonably rcquirc to assurc that the lien of this Mortgage, Lende~'s intecat
in tl?e Property and Borrower's obligation to pay the sums securod by this Mongage shall continue unimpaircd. Upon such
pzyment and curc by 9orrower, this Mortgage and the obligations secured hercby shall remain in full force and effect as if
no acceleration had occurnd.
20. Assi~emeet af Rent~ Appoiutioept of Reteiver. As additional security hercunder. Borcower hereby assigns to
Lender the rcnts of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hercof ar abandon-
ment o[ ttu Property, have tho rigfit ta co{{ect and retain such rents as they berome due and payable.
Upori acce'leration under paragraph 18 hereof or abandon~nent of the Propeny, Lender shall ba entit{ed to have a
receiver appointed by a court [r enter upon, take posscssion of and manage the Property and to collect the rents of the
Property, including those past due. All rents collected by the roceiver shall be applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums o~ receiver's
bonds and reasonable attorney's fees, and then to the sums secured by this Mortgagt. 't~e receiver shetl be lisble to account
only for those rents actuaily received.
21. Fetnre Advawca. Upon rcquest by Borrower, Lender. at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Bosrower. Such Future Advances, with interat therean, shal~ be secured by this
Mortgage when evide~ced by promissory notes stating that said notes are secured hereby. At no time shall the principal
amount o€ the indebtodness secured by this Mortgage, not including sums advanesd in aocordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus ~ . .15AX . . . . . . . . . . . . . . . . . . .
22. Reka~e. Upon payment of alt sums secured by this Mortgage. Lender shal{ reieue this Moitgage withoui cbuge
to Borrower. Borrower shall pay all coats of rccordation, if any. '
23. Atioroey's Fees. As 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 WI?NESS WHEREOF, Bonower has eaecuted this Mortgage.
Signed, s e and
in the pr c o
. . . . . ~ . . . . . . . . . . . . . . . . P ~ F . COItBA . . . . . . . . . . . . . . . . . . . . . . .
.....sorrow.
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~ . . ~ " . . t . . . . . . . . . . . . . . . . . . . . (Seal)
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STAT~ OF FLORIDA, . . . . . Palm ~each . . . . . . . . . . . . . . . . . . . . . . . .County ss:
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~ I hereby certify that on this day, before me, an o~'icer duly authorized in the state aforesaid and in the cvunty
! aforesaid to take acknowiuigements, personally appeared. . . .P~TFR .C~88A. and ~IYI~T~i. F... &Q8~3A, . . . .
.
. . his. ~~e . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that. ..they. ......executed the same for the purpose therein
txpresstd.
WtTxESS my hand and official seal in the county and state aforesaid this. . . , . 30th , , , , , , , , , , , , , ,~y of
. . . . . . . . .r~eceaab~~
. . . . . . . . . . . . . . ..19. . S5.
My Co~mission eapues:
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