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prior to entry of a judgment enforcii~g this A4artgaFe if: la) [3orrowe.r pays i_ender all sums which ~~•ould hc then due imder !
ihi~ Mortgage, the No!e and notes securing Future Advances, if any, had no acceleraticm ~~ccu~rcd; (h? aorrc~wer cures t
all hreaches of any othe~ covenants or ,~greements of t~orro~ver cuntained in this Alortgage; (c) Borrowe~ pays al) re~sonable ~
cxpenses ineurred by I.ender in eniorcing the covenants and agreements of Barro~ver contained in this Alortgage and in ~
enforcing l.cnde~'s remcdics as providcd in p:~ragraph { R hercof, including, hut not fimited to, reasonable attorncy's fecs; and i
(d) Dorra~~~er takes such action as I.ender may reasonahly re~~uire t~~ assure that the lien ot this I~lortgage, ~.ender's interest ;
in thc Propcrty and Borrowcr's ohlig~tion ta pay thc sums sccu~ed hy this I~tortgagc shall continuc unimpaircd. Upon such ?
payment and cure by IIarrower, this hlortgage and the ohligations securcd hcreby shall remain in full force and e(Tect as if i
no accclcration had occurrcd, i
20. Assi~nmeni of Rents; Appoinlment of Recei~•er. As addit+onal ~ecurity hereunder, 3orro~ver hereby assigns to ~
l.cnde~ the rents of the Property, pro~~ide~i that Ilorrower shall, prior to acceleration under paragraph 1 R hereof ar abandon- ~
ment of thc Properry, have Ihe right to collect anc! retain such rent; as they become due and payablc. :
U{x~n acccleration under paragraph 1 R hcreaf or :+bandonment of thc Propcrty, l.cnder shall hc cntitled to have a ~
receiver appointed hy a cou~t to enter t+~n, take {x~ssess+on of and n~anage the Property and ta coNect the rents of the ~
Property, including those past duc. All rents coUected hp the receiver shall tx: applied fi~st to pa)'ment of the costs of t
n~anabement of the Property and collec~ion of rents, includinb, hut not limited to, recci~~er's fees, premiums on receiver's 1
honets and rrasonahie attorney's fees, and then to the sums secured h~~ this 4lortgage. The re~eiver shall bc liahle to account ~
only far thosc rents actual{y rcccivcd. ~
2t. Futurc Ad~•~ncrs. Upon rcquest bp Rorro~~•cr, Lcndcr, at Lcndcr's option ~vithin t~t~cnt}~ ycars from thc datc of th+s ~
I~tortgage, may make F~!ture Advances to I3orrower. Su~h Future rldvances, with interest thereon, shall he secured by this ;
\tortgage when evidenced hy promis~ory notes stating that suid notes are serured hereb}•. At no time shall the principal i
:+mount of the indebtedness secured by this l~lortga~e, not including sums a~lv~?nced in c:ecordance herewith to protect the
sccurity of this I~tortg~gc, e~ceed the original amoui~t of the Ne~te plus US$. . . . . . . . . . . . . . . . ;
22. Release. Upon payment of all sums sccured by this Mortgage, l.ender shall rclcase this Mortgagc without charge
to Borrowcr. [3orrower shall pay all costs of rccor~atian, if any.
23. Altorney's Tees. As used in this I~~lortgage and in thc Notc, "attorncy's fces" shall inclu~lc attorne)''s fe~>, if any,
which may he awarded h}' an appellate couri.
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tx WirNtss \~'~i[~Rror•, Borrowcr has cx~cut~d this Mortgagc.
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Signed, sealed and delivered ~
in thr prescnce of :
l ~ c :
. . . . . . . . . . . . . . . . . . . . . . . . . . . .~G'~`.st'
. . . . . . . . . . . . . . (Seal) ~
FREDERICK W . BORNEMANN -eorrower
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. . . . .1.~~.~.SZ...." • . . . . . . . . . . . ~~~,~E.. ~~'Ll<4.c,.cc7-z~ c~. . . . . . . .(Scal) ,
~RALENE A . BORNEMANN -aorrowe~ ~
Martin .Count ss:
$TATf•.OFI'LORIDA i
I hereby certify tfiat on this ~ay, b~~fore m~, ~?ii ullierr ~ul~~ authurized in the state aforesaid and in the count~~
afor~said to takc acknowfedg~m~nt~, p~rsonall}~ appcarcd...F~A~RZGK..W...$ORNEMAI~N..t3NI?.KARA~,ENE A. '
...$Q~~~I~~T.,..$~$.y~],~~........ t~ me known tu b~ [hr ~rson(s) described in and who executed the ;
. ,,.j... '
ioie~oing instPti~lettt; and ackno~vlc~i~~~ befor~ mr that ..~r1~1~. cxecuted the same for Ihe purp~~sc therein ~
' >~kpressad%: = ~ . _
_ ;
~'r' '
i ' ' 21st
. ' '.r,%;~','WfTN1cSS my~iand and official ~~al in the ruunty a~i~i stat~ aioresaid this . . . . . . . . . . . . . .day of
t~-~ ~4=f' Oc~o~ber 19 82 ;
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: ~i Gommission~e~pir~s: '
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~ ; . . . . . . . . . . . . .~~Tc~~--^? . . . . . . . . . . . . . . .
ISQ81~~, " ~ - Notary Public
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