Loading...
HomeMy WebLinkAbout0982 ~ l' 1+~ ~ bi~'~ ' . , _ ~s~ =~~?i~ ' . 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. _ . - . : ' IN WIfiNESS 1NHEREOF, Borrower nas executed this Mortgage. ~ i . ~ ~ ~ - ~ Signed, sealetl and delivered ~ . . in the presence oi: . - _ ) . . ~,~.~~-f,+~._ - / ~,Et-,;__t_:~..~,_ C - (Seat) ~ J . . . Qh ~ ' R j ~ . . . - . ~ ~ . ~ (Seal) , ~ _~Seag j ~Seaq ` 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 . ~ _ t . . ~ - ~ i . 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. ~ : . ~ . - , , ~ s ~ . - = , ; . 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~~~ ~ Z.. ` y ~L : ~ - _ i s . _ 3 ~ , : ~ ~~]J ~ ~ 3~: ~ ~ ~ . / y ~-Sf-~c rt .:a ~ - ~ 3,i ~ ' i- My Commission exRires: . , l Y' t,~ ~ . ~ ~ 3.: , (Seaq Notary Publrc = ;5".,~ ~ ,;i?.~` , . c r'?-?a~' ~ - . _ , ' ` - ; 3~' " a = ~e ` 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 E ' M - _ . . . _