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Home My WebLink About0990 ~`ld? futur~ Advar+c~s. It is furthnr cuve,nantad 9n~7 apread by tha part~es horeto tnat th~s Muftyaya etso secures tne pay~nent ot and ~ncludea all tuture, or turther advances as may be made by the Lender to end tor the benefit of the Borrower, ds heu0. personal represent- atives o~ das~pns, wrthin twenty(20) yeara (rom fhe date hereof, or within such leaaer penod ot time es may be p+ovided he~ealter by law as e ~~eraqu~site for the sufficiency of actual notiGe or racord nptice ot t~e oplional future or adCillonal advances ae aflainat the riqhis of credltors or subseq~lent purchatce~a fo~ valuable consideration The totel amount of indebtedness secured by lhia Mortflafle may dez~ease or Inc!ease trom time to time, but the totel unpaid baience so aec;ured et any one time shall no! exceed the max~mum prmc~pa? aum ol $ 281 ~ 60(1. 00 . p~us interest thereon and any and ail d~abur3einenia made fo? the payment of taxe~ levies or Inau?anCe on che property cove~ed by !he lien of thla Mort~a~e with intereat on euch d+aburaements at the rates specit~ed ~n the Note reterred to ~n th~a Mortpaqe. Such furlher or future advanc.ea shall be wholly optional with the lender and the same shell bear interest at the same rate ae specitied in the note reterred to herein, unless and until seid interest rate shaii be modifiad by subaequent aflreement Any such lutu?e o? further advancea whict~ may be made by the Lenda~ to an0 for the Denelif ot the Borrpwer, its heir0. Qersonal representelives or asa~gns, in accordance with th~s paraqraph ahall be secured by this Mortpape to the seme extent aa H auch tuture or further advancea were made on the date of the execuiion hereof, ir?espective of whethar the note end Mortqaye are cn defeult or whethar the note ia paat matunty and ~a due and payable in ita entirety. (?9) NotlC~ to Borrow~t. Any nptiCe to the Borrower provided for in the note or thia Mo?tfla~e ahall be deemed yivan when it is deposit~id in 1he United Statea mai~ ppata9e prepaid addressed to the Borrower at the address oi the Borrower aa it appeara in Lenaer'a records pertainin~ to the loan evidonced by the note at the time notice is piven r30) O~n~ral P?ovisfons. (ea Thia Mort~a9e appliea to. Inurea to the benefit of, and b+nde alt parties hereta, their heira Ieyatees, deviaees, administratofa. executora successora and a~siyna (bi The term "Lender' shal! mean the owner and holder (includ~n~ a pledflee) oi any nofe secured hereby, w~ether or not named as Lender harein (c? WAerever the context so requires, the mesculine qender inCludes the teminine and neuter, the alnpular number inCludea the plurel,end vice versa Ceptions and para~raph headin9s used herein are for convenience onty, are not a part of this aflreement and shaU nof be uaed ~n Conatrufnp iL (31) Adjustabt~ Rat~ Mort~ig~ Provl~ions. The note which thia Mortflape aecuies conteina proviaions which permit: increaaea and decreaaea to the rate ol fnterast provided in the note on a month~y besis; inc~eases and deGreaaes to the monthly payment of pnncipel intereat on a yearty basia; (c) a hmitation on incrgases and decreaaes lo saicf monthy payment emount: and 1~ incrdaaes in the oulstertdin~ pri~cipal amount due on the loen Reference is made to aaid note tor e Complete deacription of the adjustab~e rate terma of the ~ndebtedneaa secured by thia Martqape. (32~ Attom~ys FNS. As used in tf~ia Mart9aye and in the ~ote "aitorneys tees" ahal! include attorneya feea throuyhout all appeals {33) 8~cuMry A~n~m~nL Th+s MonqaQe ahall also constitute and aa~re as a'Security AqreemenC within the meaninq of and shall create a security Intereat under Florida'a UnHorm Commercial Code, thA aecured perty bein~ herein ?eferred to as'lander and Qebtor bainp he~ein referred ta as'Borrower.' The Bo~tower 8ar8es !o and bhall execute end deliver to the Lender such "Financin9 Stetements" and such funher assurancea es the Lender may, f~om time to tims, consider neceasary to create, pertect and presarve the Lendefa liena ~ upon aIl renta, insurance proceeds, condemnatbn awarda~ and ot~er personal property herein dascribed and all additiona, suDstitut+ons, replaCements and accesaiona thereto, artd al! proceeds of +ts or their safe or other dispoaition The Lender, at the expe~ae of the Borrovrer, may cause such Financln9 Statements and aasurancea to De recotded and reraCOtded, fltad and ra(iiad, and renewed or continuec~ et such times and placea as may be requirad or pe~miited by law to create, periect and presbrve such iien8, in the event the Borrower faila to prpmptty execute and retum to the Lender auch Financinq Statements as fha Lender may ~equlre to create, preaerve and pe~tect its lier~ tne gorrowe~ shall and doea hereby deaiqnate the ~ender to act u the Bonowers aqent far the sole and limited purpoae of executi~ auch Financin9 Steteme~ts and any such execution by the Lender purauant to this A~reemsnt shall be ettecdive and bindin9 upon the 8orrower as thouQh exeCUtecf o++yinaly by !he Barrowe~. Thg Bprrower'a deapnation as a~ent hereunder sha11 not be aubjeCt to revocation until the~ note is paid in tu?L The Lende~ shall Aave all the ripht~ with rsspeCt to all property er.cumbered hereby, afforded to the Lender under the Fipride U~itqrm Commercisl Code i~ addition tq but not in limitatio~ ot, the otAer riQhts attorded to the Lender by the Mortfla~a Any atter- acquired personal property o~ 1lxturea used in connecti~n vyith seid proDerty shall be encumbered by the Gen pf thia Mortqape, and if f appropriate or desired by the l.ender, new Finenciny Statementa coverin9 the aame shall be exeCUted by the Borrower anC forv~rarded to ~ !he ~ender witA tne cost ot recordinp same. fN WITN'ESS WliEAEOF, BOAAOWER has executed this Mort~a9e. ! ~ E (SEAL) ' S:flne4 seaied a~rverecyl the pr~gsence ot - ~ , HGt1SZ10N DeR~.?S ~l ~c ~i~~`~ L ~ ~,t~ ~~i~. y~,i,..c,t Z SEAL ) ~ - - - • " ~ WI'INE.SS C:A j~ERI~~'y' ,~1. ~ . , c l,t'.,+.~ ~ --~ltl: ` ISEAL) - W l TNE SS AR~.1 D.! . Af~ ~ 1 ' , ~ ~ ~ . ~ ~ wizra~ss - - ~i'~°~r--------- - (SEAL1 M11TT~5S v INllA W. LANE ~UAN N0. 9Z391T-9 ~ STATE OF FLORIQA SS COUNTYOF C~~- ~Ll~lE:, r, The foregoing instrument was acknowtec39ed before me this ~ 3; Z ~,l day ot ~(„L ~t~ , 19 L , by ~~r r~C~t~ 1~`c~~E t' LL« ~~C~ L~ Gt~t.s~ ~4~i'~ u;{~_ . : J ,7 . i0r~es r~lK t~~R Q~~,a?~ " L{! ti~C? ~ ~ 'Y~'~- ' x~ :;,4lSSSi"1 f!?. APi 10.1Fb~i - - - ~ t~ ~y~s~ I~, ~ib. NOTRRY PUBLIC, St e ot Fiorid 'e `arge My commissaon sxp~res. ~TATE dr v rt U .y ~d.IAIIY OF ~Q ~ ~ ~ ~ The foregainq instnrnent was a~knc~wladqed befpre me this ~ day of , 19~'~:~, t;y ~ i <<~ . C~1?~ 1~~ ~ ~ . ~ N~-~'u 5~1 ~F ~:L i1~k S ct 1 t~ C' ~~i~E= 1.~; . r~C-~C~~l-ts j~11 ~ NC7I'ARY PLBLI , STA (7F C~. r~ ~ n ~~x AT I.AtK£ • ~ ~ ~ My ~~-Yrmissian ex~ires: Qc1~?~3~~e ly 1?9/ r , . , - . t: . ~ ~ aoc~ ~E . . . ` 9~ ~ Sr eas+ 2~FS„ e~c, a~. •~u ~.v ~ d pf 4 s^ t ~ f ' " - t ' ~ ~-f y~ _ _ _ a. . - _ . ~.~m#,_ ' "'_?Y„c,~~...~ f"~c~u.. c.._ r_ t, h'''~~ .s.s~: ~,~r,~s .