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HomeMy WebLinkAbout0996 I , , ~ prior to emr~ ul a ~udgment cnlarcink thi~ \lorlgagc ~t . 1 a 1 Borruwcr p.~~. 1 cnJc? all ~um~ which Mouid hc thcn duc u~der I ~ ~hi~ M~~ngagr, thr Nate and no~cs .ecur~ng future AJran~c~, if am. haJ nc~ acceler~t~on c~:urred: Ih? Borruwcr curet all hreachr. o( am• othcr c~~venant~ ~~r agrcemrnt~ ol B~rruHCr .~~m;unr~ in ~hi~ ~tohgagc: ~ c 1 R~~rrow•r~ pay~ all rca~o~ahk e~pcmr~ in~ur~cJ h~ Lendcr in cn(orcing thr c~~venants and agrecments ol Borrower rontained in this Mo~tgagc and in I cnforcing I.rndrr's rcmedir~ ati pn~~~iJrd in paragraph 1 tt hcre~~l, incluJing, hut nM limited to, rca~unahle attorne)•'s fecc: and t Id) B~~rroa~r ~~kc~.urh artion a~ I.enJcr ma~ rca~unahh~ rcyuirc to a~curc th;~t the I~eri of this A1o?tgage, l.cndcr's interesl I~ ~ in thc Pru{xr~y and 8orrourr'+ ohligaUon to p:~~ ~he ~um> >ccured h~ Ihi~ 111or~gage ~hall conlinue unimpaired. Upon such ' p:~ymrnt an.l cu~e b~ Borr~~HC~, this ~longage ,ind the ~~hhgati~~ns ~ecurcd hereb~• shall remain in futl tarce a~d efTect as if ! ~ ~ no arrclcrat~on had occu~rcd. i p 1U. AssiR~ment oi itenis; ~i~poinimrnt uf Rccet~e~. A~ adcliti~nal cecuril~ hereunder, Borroµer hereby accigna to ~ ~ Lend~r the rcnt~ a( the Propcr~y, proridrJ thal Brrr~?wcr shall, priur ti~ ar~elerati~n undcr paragraph 1 R hereof or abando~- ~,,,i mrnl uf thr Propcrl~•, havc thc right t~~ «?Urct and reta~n such rents as lhc~• bccomc duc and payahle. j f."~.. t:~x?n arcclcr;~tion u~der paraRraph IR here~~l ur ahandonment uf the Prrpcrt~~, t.ender shall he entitted to have~a re~ri~•cr apFx~inted M• a rourt to c~ter uEx~n, take pos.es~~on of and manage ~he Propert}~ aad to collect the rents of the z Pru~xrt~•, including ihose past dur. All rents cs~llecte.l hy Ihe rrcei~cr shall he applied first to payment of the costs oi ~ g managemcnt of thc Propert~ and rallcrtion uf r~m., including, hui not limiied ~o, reeeiver's fees, premiums on recei~•er's hond~ and reasonable a~torne~~'s f~c~. anJ then to the sumc ~ecured h~~ this ~tortgage. The recei~•er shatl he tiahle to account ~ only for those rents actuall) received. ~ 21. Future Ad+nnces. U~x~n rcyucxt h~ Borrower, I.cndcr, at Lendcr'~ option wi~hin ~wenty years fram the date of this ~ o ~tortg~ge, mar make Fwure Ad~•ance~ ~o Rurrowe~. Such Fu~urc Ad~~anrec, with inte~est there~~, shall he secured bp this I ~ ~torlgage whco e~•idenced h~~ promissor~~ notet stating that said note~ are secured heref+)'. A~ na time shalt the principal , q amount of the indebtedness secured hy thi~ Rlortgage, not ~ncluding 5Ufl1S ad~•anced in accordance herewith to proteet ihe secunty oi thi~ ~1or~gage, c~cccd Ihr ~riginal amount ~~I thc Notc plus USS. . . . . .Z+;/A . . . . . . . . . . . . . . . 22. Release. Upcin payment of all sums serurcd b~~ ~his 1~lortgage, l.ender shall release this Mortgage without charge to Borruwer. Barrov?•er shall pa~• a!I rnsts af rcco~dau~~n, ~t an~. 23. Altorne~~'s Fees. As uccd in this Rfortg~g~ .~nd ~n thr tiute, "attornc~'s fccs" shaU include attorney's fees, if any, _ which ma~~ bc aw•arJeJ b~• an appcllatc ~oun. ~ ~ . ~ IN WITNESS WNFREOF, Borrowcr has cx«utrd thi. M i ~SEAL) t-~ ,,r Si~ned, seahd and delivered - soxROweR , ~ in thr presence of: ~ `7• ~ ~ . - ' ~ I~EAL~ ' - P~ Q~IEFFI - BORRO~YER ' i ~SEAL) , ~ } ~ - BORROWER ~ ~ (SEAL) l • f - BORRO~tiER ' ~ ~ (SEAL) I ~ ~ - BORROWlA ~ ~ (SEAL - BORRONER STATE OF FLORtDA. . . . . . . .ST.LUQE . . . . . . . . . . . . . . County ss: I hereby certify thai on this day, before me, an officer duly authori2ed in the state of aforesaid and in the count aforesaid to take acknow~l~ed_ge~ments, personally appeared ..~'Qn. .~.I~. F~? .~?ld J P. ~IEFPT ~ HIS WIFE ~ to me known to be the person~s) described in and who executed the foreg~ing instrument and acknowledged be[ore me that . , . . . t~ . . . . . . . . . . . . . . executed the same for the purpose therein expressed. 1 ~ WITNESS nd a d ofl~icial ~eaf in tt~e cou ty and sia~e afure~aid this . .~.7. t~ . . . . . . . . . . . .day of ~ .~~.....~J t~„""T'..... 19.?..~ ~ Puaic State o1 Florida My Com ission exp~res: At I.s~e, My Commission Expir Q'S . ~ ' • t February 2~, i 939 . . . . . . . . . Ivv~?~~iL/. M~~ . . . . . . . . . . . . . . . . . Na~ry PubiK ' . ~~c. • r N~OTARY SEAL ' a . ' ' . fi - • 'R~C~tJtRED BY FtORIDA tAilV . . T.~: ~ J ~ ~ti . • ~ , : ~ ,,C ~ ~ t _ . t''!'. : , ) ~ • . ~ (Space Below This lm~ R~s~nW For lendt~ ~nd R~corder) . . • 80t~( p~ ~ . - - - _ _ _ . _ r. . , - 4~=.~.~_ . . _