HomeMy WebLinkAbout0974 ~
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prior to entry oi a ju~iyme~t enforcing this Mortgage i(: ja~ B.orrowe~ pays l.ender ali sums whi~h Would bo th~n due ~ndQr
this Mortgage, ~the Note and notes ~acuring ~uture Adwan~es, ;f arry, haci no accelQration ~ccurred;'(b) Borrowes cures
; all breaches of anyothar covQnants ora~~eemants qt ~o'rrawer,CORtained i~ this MQ~tg~ge; (C) ~orrqtivQr paysa~l reasonabte
; expen'ses incur?ed by C@nder in enforcin~ lhe covenanis and agreemenjs.oi Borcowsr contained in,lhis Mpclgage and in
en(or~ing L8rlders remetiies'as provided in para4raph t~ h~~eo1, includli~a, but not limil~d to, reasq~abl~ ~Itorneys fe@s:
~ ' anci (c~ Borro~v~~ takes su~h ~clion as Lender may reasonabty reyuire to assure that the I~en o1 ihis MQrtgage. Lsnde?'s in-
terest Ih the Piopehy and ~orrowers obligation to pay th~ sumg,secured by this Martgage shail continuQ unimpairod. Upon
such paymerit and Gur~ by ~o~rt;wer, this}M4~19a9e and ~he ob7igations secured here~y sh~ill remain in full force and Qltect
as it no acCel~ration had o~c~rred. ~ 4 ~ . . ~ _ ~ . : „
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2Q '~A~sf~nm~ht of R~nt~; Appalntmen~ of R~~+~;vt~. As add~liona~ s~curity hareunder, ¢orrqwel hereGy assigns
~ lb l.enZiert"8 r~nls:.? the ~ro~a~tY,p~ovideu thai t3orrpwei ~i~aii, ~iriot to accela~ation.u~da~ ~,-~~ayraph 18 ~era~f oc~ba^dor,-
merit oi the Praperty, have.ttie right to collect, and retain sucti rents as they pecoma due:a~d F~yable:
F Upon'accele~ation unde~ pa~agraph 18 he~eo! or abandonm~nt .ot the Prcpeny, Lende~ shall t? entitfed ~to haye a
receiver ap~ointed by a court to enter upon, take possession of and manage lhe Property and to collect the rents ol the ~
i - Prope~iy, including those pas! due. All rents collected by the receivar shall be apptied first to payment o1 Ihe costs ol
's management o( th~ Property and coflection oI rents, including, bul not limited to, receivers fees, premiums on receivers
bonds and rea~onable atto~~~eys tees, and then to 1he sums secured by this Morty~ge. The receiver shall be liable to account
~ only tor those rents actually received. - . _ . - : - ~ - . ~
21. Futur~ Ad~r~nces. Upon request by Bcrrower, Lender, at Lenders optian within twentyyears from !he date ol th+s 3
. Morigage, may make Future Advances,to Borrower. Such Future Advances, with interest thQreon, shau be secured by this ~
~ M~ngage when evidenced.by pr~mi~sory notes statinq that said notes are secured hereby. At no time sliall the principal
~ amount ai the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
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security oi thi~ Mortgage, exceed the original amount oi the Note plus US~ _ ~ 46.~1~,Q0 i
' 22. Rel~ase. Upon payment of all sums secure~i by this Mortgage, Lender shall release this Mortgaye without eharge
to Borrower. Borrower shall pay all costs of recordation, il any.
23. Attomey's Fees. As used in this Mortgage and in the Note. "attorne~s tees" shall include attorneys (ees, if any.
which may be awarded by an appellate court. _ .
_ IN WITNESS NVHEREOF, Borrower has executed th~s Mortgage. ~
SignecS, sealed and deiivered
in ttse presenc~ of:
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(Seaf)
- D~ANIEI, J. IE~ ,
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STATE OF FLORIDA; - ~ CQUnty ss: .~j~I ~
1 hereby certify lhat ._on this day, betore me: an ofticer duly authorized in the state aforesaid and in the county ~
a(oresaid to take acknowled ements, ersonatl a
g p y ppeared . ~
IaANIEL J. SAI~ELIIIt AI~ JOY L. SF~NDEI.~IIIt , HIS WIFE ~
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f . , to me known to be the person(sl described in and who executed ihe
tar~going instrument and acknowiedged before me tnat Eorrower executed the same for the purpose therein
expressed.
~ ~ WITNESS my hand and o((icial seal in the county and state aforesa~d th~s 2~ day oS
~ t'1AY _ ~ . 82 . -
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; _ (Space Beto~v This L~ne Reserved fo~ Lender and Recorder)
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