HomeMy WebLinkAbout0969 prior to entr)~ ot a judgment cnforcind this hlortg:ige if: 1:+) E~orrower pa)'s l.en~lrr :~11 ~um+ «~tii~h ~~•~~uld hc tticn due un~tcr
this Mortgage, the Note and notes securing Future Advances, if any, had r~n acrrlerati~~n u~curred; th) Iic~rro~~~er cures
a{{ breaches of any other cavenants or agreements of I3orrower ~ontained in thi~ liongabc: (r) ll~~rro~~~r r:+:~ :~II reas~,nahlc
expeRSes incurred by Lender in enforcing the covenants and agreeme~ts ~~f 13~~rrow~er ront;tined in thi~ \1~~rtgagc and in
enforciag Lender's remedies as provided in paragraph 1 R hereol, i~lcluding, hut not {imit:,c{ to, reason~h{e attorne~''s fe~,: an:i
(d) I~orrawer takes such action as t.ender may reasonahly require to assure that Ihe li~n of this titortgage, I.ender's i~terest
in the Pro}k.rty and Borrower's ohli~alion to pay the sums secured hy th~s l~lortga6e ~hall continue unimpaired. l'~n such
payment and cure by Aorrower, this Mortgage ~nd the ohligatians secured hereh~~ shall remain in full force an~l etTect ac i(
no acceleration had oce~u~ed.
Z0. Assignment of Rents; Appoinlment of Reeei~•er. As additional scrurit~• hcrcundcr, Rorro~~~cn c~reh}' :+t~ignt to
I.ender the rents of the Property, pro~•ided that Borro~ver shall, priar to acceleration under E~,~r:+gr:~E+h 1 R hrreuf ~x abandan-
ment of the Properry, have the right to cc~llect and ret:+in such rcnts as thry become due an~1 payahlr.
U{x~n acceleration under para~raph iR hcreof or abandonment of thc Propenp, l.cndcr shall t~c rntitle~i tu have a
rrrei~'er ap~inted bp a court to enter u~~n, t:ike ~x~ssessiun of a~id manage the Propert}• and to cn{Iect thc rciitti of the
PruFx rty, ineluding those past due. r~ll ren~s collecte~l hy the recei~~er shall he applird tint tn pa~'ment c~f thr co~t~ of
management of the Praperty and collection ~~f rent~. includin~, hut nc,t Iimit~J t~~. ~ecei~•er'ti tre,. premium. ~~n rec~i~~er':
bo~ids and reasonabfe attorney's fecs, and then to the sums serured h~~ thi~ hlc~rtgabe. "Il~c receiver ~h:~ll he liahlr to account
ani~~ for tnose renu actually received.
21. Future Ad~'ances. Upon reyuest hy I3orro~~•cr. L~nd~r, at l.cnder'c opUan «•ithin twent)' years from the ~iate of this
1~tortgage, ma~~ make Fulure Ad~'ances to Borro~ver. Such Futur~ AJv:~nr~ti, «~ith intere+t iherc~~n, tihall he ~eeured b~~ this
~Sortgage w~hen evidenced by pramissor~~ nates stating th:?t said n~~te. :~rr ~e.ureel hereby. At n~~ Umc ~haU the principal
• amount af the indebtedness secured by~ this ;~lortgage, not inclu~iinb ,um~ adranc~~i in aecor~lance here«~ith to protect the
security of this ;1lortgage, e.rceed hti~iCe 1he originu! deht. '
22. Relea~se. Upon pa~~ment of all sums s~cured by this ltortga~c, Len~icr ~h:+ll r~l~~atic this ;~fortgage without charge
to Borrower. Borrower shall pay all co~ts of recarJatinn, if an~•.
23. Aftorney's Fees. A~ used in this ~turtbagc :in~ ~n thc \ute. ":~tturn~~~', f«+" tih.ill includ~ atturne)''s fec~, if any,
which ma)~ be awar~e~ b~~ an appellatc cutut.
!x \VirNE.ss WticReoF, Borrower has ex~cutccl thi, ~4nrtgagr.
~ Signed, scaled and delivered
in th~ oresencc of:
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C- 1
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s ' ~ ~~~t,tZ,~,t,. ~G`~~GCsv ~ ~r?Q.!',~. . . . . . . . . . . . . . . . . . cs~a~> !
; . . . . . . . . , . . ".~iGl" • '
f . ~ . . . . . . . . . . . . . . . . . . . . . ' . H01~ARD NORTH -ao~~oWe~ I
_ ` . ~ i . . . . . . . . . . . . . . . . . . . . . . . . . . . (Scai) t
. . . ~ . . . . '.l.'^~~. . . . . . . . . . . . . . . . . . . . . . .
' -Borrower
STATE OF F~.oR,~~, . . . . . . . ST... .Lt1CI E . . . . . . . . . . . . . . . . . . . . . . . councy ss: '
t
1 hereby certif~~ that un this cla}~, b~fure m~, a« c~tli~~r clul~ suthoriz«i in thr stat~ aforesaid anJ in th~• count}'
aforesaid tu takc acknuwleclg~m~ms, p~rsonall}' app~ar<<~. .yOWARD~ NOR~FH, ~ A- ~~i~g~Fe -Ad~lt- - - ~ - - • ~ ~ ~ ~ - ~ ~
[ . to ntc knu~~~n tu t~c the ~:rsun(s) d~scnbed in and who cxeruted the . #
: foregoing instrument and acknowl~dg~c1 hef~~r~ mc that ...he cxe~ut~~i th~ same for the purpose therein
; expressed. /
i
` W{TNESS my hand and O~1CiJ{ sc:al in ihc c~~unt~ an~1 ~tat~ afurrsaicl this. . . . ~ . . . . . . . . . . . . . . .day of ;
; . . . . . . October . . . . . . . . . . . . . . . . . . t~~ _ . ~ ) }
1 ~1 ^ '
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~ My Commission cxpires: ~p ry p `
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~ .'v~:~r:t: ~:`..r;;/.~. ,~':v. i
l)U~ ( DO . . . . . . . . . . . . . . . . . . . . . . . . . ~
[Seaq Notary Public ~
r, CO
f~ 2, r. . Notmry Publit, St~tc o~ Florirla a Largt~ `
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: : C :.+.t' ~ . ~ . . My ~~Itslon Expires Aug. 1 1984
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