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Home My WebLink About0217 19. Botrow~r'sAight toRoinstata. Note•ithstanding I.ender's acccleration of tlie ~un~s securcci by this ~lort- gage, Borrawer shall hn~•e the right to ha~•e nn~ procceciin~s 1?egun b~• I.ender to cn[ome this \lortgage discon- tinued at any ti~ne prior to entry of a judg~nent eniorcing this ~lortgage if: lal Borro~~•er pays I.cnder all sums n hich would be then due under this \iortgage, thc ?~ote and notes securing Future ~d~~anccs, if an~ , had no accel- eration cecurred; (b) Borrower cures all bmaches o( any other co~•enant~ or agrecnientc oi ~3orroHer containeci in this :~fortgage; (c) Borrower pays all rcasonablc ex~~enses incurrecl b~• I.cudrr in enforcin~; tl~c co~•enants and agreen~ents oi Borrower contained in this ~iortgagc :~nd in enforcinR l.ender's mmeciies as pro~•idc~i in paragraph 18 hercof, including, but not limited to, masonAble nttorne~'~ fecs; anci Id) BorraHCr takc• sucl?'action ns I.ender ~ may reasonably require to assure that the lien of tlii~ \IortRn~c. I.ender'~ interest in thc Yro~?crt.~~ and Borro~ver's obligation to pay the sums secured by this ~Iortgage shAll continue uninipxireci. L'pon sucl~ ~~ay~uent nn~t eure by Borrower, thia ~Zortgage and thc obligations securecl lic~rl?y •hnll mmain in full fome an~l eflect us if no necclera- tion had cecun+ed. 2Q Plssignmeat of Rents: Appointment oi AeceiveT. additional ~ecurit~• hemun~ler, I3orm~~•er hereb~• assigns to I.ender the rents of the Property, ~ro~~ided that AormHer •I~all, ~~rior to accelerntion under parn~raph I8 hereot or abandonment of the Propert.y, ha~~e tl~c ri~ht. to coilect nn~l mtain ~ucl? rent~ ns the~ becon~e due and payable. Upon accelerat~ion under paragraph l8 hemof or abandonu~ent of tlie Ym~?crty, I.ender shall be entitleci to ; have a receiver appointed by a court to cnter upon, take po~e~sion of and mani~Rc thc Yropcrt~ and to collect the rents of the Property, including those past due. All mnts collected b~• thc recei~•cr sl~all bc applicci fint to payment = of the costs of management oi the Property and collection of rnn~~, includin~, hut not limitec! to, recei~•er's fee~, ; premiums on receiver's bonds and reasonablc attorncy's fees, an~l then to thc sum~ sr.cured 1~~ this ~1ort~aRe. Thc receiver shall be liable to account only for those rents actually mcei~•ed. 21. Future Advmncea Upon request by Borro~~er, I.endcr, ut I.endcr's option «ithin tn•enty yea~ from the date of this ~iortgage, may make Futurc ~d~•ances to Borro~ti•er. Sucl~ Future Advances, ith intemst thereon, shall be secured by this ~fortgage nhen e~~idenced by promi~sorv notes stating that said notes are secumci hereby. At no time shall the principal amount of the indebtecincc~ ~ecijmci hy this \tortga~e. not includin~ sums ad~•anced in accordance herewith to protect the security ~ot this ~Iortgaqe. excecci the original nmount of the Note plus U$:--------------------------------• - Z2. Release. Upon payment of all sums secured by this \tort~age. I.cndcr ~hall rele:isc this ~Iort~age ~ ithout chsrge to Bortnwer. Borrower shall pav all costs of recordation, if any. Ix WrrxBSS WaExEOF, Borrower has executed this D{ortgage. Signed, sealed and delivered , . in the presence of : _ --r- . - - - _ ~ c. ~_L- (:'s~_~ ' ~ - _ _ _ _ csean - r~ THOI~AS R. KINCA~ , -Boaower ~~~,~,.~~r - (Seall - - - - - - - - . - L. KINCAID -BorroRer , _Saata_Cl.ara_Baulevand--------------------------------- ~ ~ - . -~ar-t--~~r-ce,--l~~ic~a-----~ 54------------------ Property Address ~ STATEOFFIARIDAf -------i~'-~__I~u~ie------- Countv ss: - I hereby certify tl~at on tLis day, before me, an ofl~icer duh- nutl~orized in the state afoi~esaid and~ in the county aforesaid to take acknowled~eu~ents, personall}- appeared ~+g(~g R. I~ING/~IB-:at~d---.=_ _ Cf~YL__L.__KIACAID~__his _~ri-~6 me known to be the ~erson(s) described i~i and who•,Qr~eci~ted;tl~~~ , ._.r- foregoing instrnment and acknowledged before me tl~at ~1eY executed the same f.o~;tl~e•:~~i'rpost'':..=. therein egpressed. . ~ 8q - ~ WrrrrFSS my Iiand and oflicis~l seal in tl~e connt< <n state afore~ai is ,q~v~:~~ • . . ----M~Ys--------------------------------------- 19 34------- , ~7- - . ~ ~ tr iY~ . :1Sy Commission ezpires: ~ay 31~ 1975 - - - -t- - • - ~ : ~ 1 ~Totarv ubl' .1ti ~ fILfD AxD RECORDEO ~ ~ ST. LUC~r C~UNn Ftw- ROGE~ P•:??i~AS CLERK ~~RCWT COflRT RECORO VEFIf1E0~.~--+- j~ < ~ ?A . E'~ r 2~+0 PAGE ~..L~ ~ ~~~~~5 - . - - - - ~ : c~"' ~ ~ ~2 R n `'G - ~,~~"~-i~'~-~.