HomeMy WebLinkAbout0982 ~ l' 1+~ ~ bi~'~ ' . ,
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prior to er,tt~f cj a'judgment en(orcing this Mo~lgage il: (a) Ba?rower ~pay$ lerder all sums which would Ih~n dus u~t1e~
~ this Mortga~e, ihe NQte,and notes Securing Fu~ur~ Adya~Ces, any, {~ad no GCaler~ti9~ o~c~rr~d; (b) ~qtr4wei c~~res
all breaches"o1 a~yol~p~ covQnanis or ugreements, ot~dorroWer coRtained in thjs~a~tgagQ; (c~,~O~rowQ~'pays~Il ~eas~ISa4~~
' expehses inc rrQd by 4~nder in eMdreing 1he ~oyenant~ and a9~~emerlt,~ ol Borrower ~o~ta~ne4~ in thi~ Mo~tga~e ar,d i~
eniocCi~ig le~d~rs ~em~c~i~s ~s provided in pa~ay~aph 18 hereot, ir~c~u~~~~, vu~ not i~miiea io, rea$onabte attorn~ys I~es;
ai;d (cq ~orrower'tak~s su~: h action as Lend~r'may reasonably ~equire to assu~e~hat th~;lfen of ~h~s MortaagQ, Gen~ers in-
- terest i?~ the Property and ~+o(rowe!'s obligatiQn to paY the sums secured by thjs Mortgage shal14on1inue.ummpaired. Upon
such paym~'nt arid cur~ by ~orrowei, this Mo~gag~ and the obligations se~~red hereby siiaU cemai~ tn lull torce and eifect
as il no aCCeteration had dccurr@~i.' . - , ~ .y . ,<<: -
2Q. ~ AsslQn~n~~t of R~nts; Appalntm~tit oi R~c~tw~. As addili~nal ~eG~rity t~eSeu~dQr,~~orrawer hereby assigns
to L'ender the ~e,ntg ot th`~ P~q~e~y, provlded that 8orroin+~~ s~all, ~nor lo acceleratian under,paragr`aph 18 ~ereot or aba~don-
ment oi the~P~ope~t~, liave.the ligh{lo co1lect and r~~ain such rent~.'a$ Ihey become due,~~td payable, . ~
~ Upon acceieratiort undeT~~parag~aph 18 heieol or abandonment ot the Propert~1, Lender shall t;p eniiUed to have a.
receiver appointed by a cc~uri to enter upon, take possession oi and manage Ihe Property and to coUecl the rents ot Ihe
_ _ PropeRy, including tho5e past due. All rents cqllecled by the receiver shall be applied first tQ payment ot Ihe costs ol
manag@ment oi Ihe P~operty and collection o~ rents, including, but not limited to, receivers fees, premiums on recei~ers
, bo~ds and reason2~ble attorneys fees, and then to the sums secured by this M~rtgage. The receive~ sha!! be liable to account
. only tar those rents actually received. . .
~ 21. Futun AdYanCN1. Upon reque5tby Borrower, Lender, al Lenders option within twenlyyears (rom Ihedale of Ihis
"~Mortgage, may makg Fulu!e Advances to Borrowe~. Such Future Advances, wilh interest thereon, shaU be secured by this
Mo~tgage when evidenced by promissory notes sta4ing that said nai~s are secured hereby. At no time shall the principal
am~unt ot the indebtedness secured bythis Mortgage, not incl~~ding sums adr-anced in accordance herewith !o protect the
security ot this Martgage, exceed the original amour~t ol the Note pfus USS - Z0,000.00
22. Relaase. Upon paymeni ot all sums secured by this tilor;gage, Lender shatl release this Mortgagewithout charge
- ia 8crrowes. Bo;so:•rer sha!! pay atl costs ot recordation, it any. ~
; 23. Attorney's Fses. As used ir. this Mc,rtgage and in lhe Note; ~'attorneys lees" shall inctude altorneys fees, it any,
' which may be awarded by an appellate court. _ .
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' IN WIfiNESS 1NHEREOF, Borrower nas executed this Mortgage. ~
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~ Signed, sealetl and delivered ~
. . in the presence oi: . - _
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_~Seag
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` STATE OF ~LORIDA, , . l;ounty ss: ~ ST. ~7CIE -
t hereby certify that on this day, be(ore me, an oificer duty aulhorizEd in lhe state atoresaid and in ths coun[y
- afare~aid tc; ~ake acRnowledgements, persanally appeared . ~ ~
I~JFIIJ J. AI~ER.S~ON ArD J06AN E. AI~i90N , HIS WIFE
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. to me known to be the person(s) described in and rlttio:executed the
ioregoing--instrument and ack~owled4ed be(ore r~e !hat Borrawer executed the same tor the`pSr(3ose therein ~
expressed. ~ : . ~
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. t WITNESS my hand and ofticia! seal in ihe c~unty and state aforesaid this ~ ~ ~ay~ot.~ :
i L`-DCF?IBEEt 82 ~ - . `7,~e~ : .t~4~s~~~
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(Seaq Notary Publrc = ;5".,~ ~ ,;i?.~` ,
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` lVetory QuDl~c. S~ote of flaido o~ lo~,i ?'..~.5~~''=~`~~ ~
. _ . i1y Comm~uion Expir~s Sep+.3 i983. -~QV~_,
001$2000943 , ~ - -
_ (S~ace Befow Th~s Une Reserved tor ~enoer and Recorde~
~ ~ - 800K J07 PAGE c70•,.~ • _
~ A-309E3 6!79
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