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HomeMy WebLinkAbout0914 . + t., trt .~f a ju.!,,c~i~ut c;~fu:::uf; thi. ~l.~rt,.~_•r if ~ la) B~.~rru~.r~ F•.i}~ Lc•nsrr al) .u:~?, ~~•hirh ~~ut~ld tk thrn duc un~lcr t~.~, 1;.,: t, lhc \:~t~ an~l rn~tcs acc~lt Futur~ :1~It; n~r,, if am. h.~:t nu ac~~ler.?ti:u~ ~?~currcJ; (1?) [~orr~~w~ r curts .~f an~' c»her cu.ruants i~r a~r~emrnts i~f 13;,rc~:~vcr :.~nlainrd in thi~ \1t~tt,ta~:~: ) li~rro~~rr pays al) realonable ei;c•~~., i;::urr~d hy 1_end:r in enforcing tl~e co~•~n:ints anJ a;r«ta~rnth of Ilorruwt~ cantained in this ~lortgxg~ and in r~.f _:~~c 1~nde~'c rrm~.li:~ as F~m~i.IcJ in paras;r,ph 1~ hrro.,f. in:luJin; , hut not liinit~d to, r~.~,oniblt atturney's [ees: and ~ i ~:,••~,.•~~~r t:t~.~+ ~u.h a.tion as I eml~r map rr.~..~nahh• r~yi~ir~ tu a.~ur~ that thc lirn ot thi, ~tortgaga, l.ender's intrrest s ~rt~ :~n:f li.•truwer's obtigation to pay th: ~un?~ sL~ur~.! b~- thn 11n~tbagz ~haU ~ontinu~ unimpairc`d. lJp.~n su^.h ~ E:,}c .,n.1 cur~ by R~ur.~wer, this M~•rt~a~e an.l thr ohligation> >rcw.J h~rrhy sh~ll r~main in (ull (or~e and etfect as i[ i n.~ .::.~I;r.~;irn hacl ciccurr~d. ~ j '0. A..ignment of Rrn1s; Appoinlmenl of Rerei~er. As ad~lit~ilnal sccurity hcrcunJ~r, Rorro~ver hereby assigns to ~i Lrr~,'r: th~ c.nts of thc Prop:rty, pro~~ided th.~t liorro.~•~r chall, prior to arccl~ration unJr~ par.?;;raph IS herc~f or abandon- ~ ~e:<< t~+r Froptrtr, have tha right ro collect and ret.~in such rcntc a~ they hec~~me due anJ payable. ~ i'~+. :i ::~cel~ration under paragraph 1S h~r.~~i or ahandanmrnt of thc Pro, erty, I.cnder shall be entided to have a rc__:t~r aFpointeJ by a co~~t to enter upon, t~k~ p.>»rssion of :~nd m;?nage thr Proprrty a~d to collect the rents of the Yr.~; .~-tti, inclu~ing those p:,st due. All rertts coll~.:tcd by ttie recei~•~r chall tx: applied fint to p~}•ment of the cost~_of ;1 m: ~~~s•~r.~~.^.t of the.l'ro~rrt}• and collecti~n of rc~ts, including, but riot limited to, recriveri fees, premiums on :ecei~'er's ' " h. n~• and rrasonable attornty's [res, anJ then to the sums ~erured by this hiortgage. The r~ceiver sha11 t~ liable to account cnh f_~r th.>>e rents actuat(y receivetil. 21. I~~utu~e ,~dvances. UE•on rcquest by Borrower, Lendrr, at l.cnder's option within riventy years from the date of this ~tort_.:~:e, ms}• make Future Ad~•a~ces to Barrowzr. Such Fuw~e Advanc~~, with interest thereon. sh~ll be securcd by this ~io.*;;a,,z µ•hen evidenccd by promissory notcs stating that said notcs are secured hereb~•. At no time shall the principal am,,.:.^.t of the indebtedness secured by this ;~lortztage, not incluJing sums ad~~anced in accc~rdance hrrewi:h t~ protect the c:c::~::} of thi~ ?~tortgage, exrezci the origin~l amount of the ~oie plus USS. . _ . . . . . . . . . . . . . . . . 22. ltelease. Upon payment of all ~ums secu~ed by this ~tortga~e, Len.ler shall release this Mortgage without charge t:~ ii~•:r.r.~rr. Borrowe~ shaU pay all costs of recordation, if an~~. 23. ~?ttornry's Fees. As used in tt~is 1~tortg~ge and in the \ote, "attorney's fces" shall include attorney's fees. if any. ~+hi~`~ a:a}' bt aw3rdeci by an appellate court. I?i WIT'vFSS WHEREOF, Borrower has'~xec~ted this i~tortgage. Sia~.:d, s~aled and delivtred in t~:z preser.ce of: , . / . / ~ L~~. d~.J . . ~ : . . . . . . . t . ~C . . . . . . (Sea1) Alf ~E. ~~1111 3Ilt - -eorrowsr i ~'!~'`C; - >>`•-f~•'~` - ~ r. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Seal) ~l~ ~ ' -BOffOWK ST:~TE OF k~. . . . . - - - . . . . . . . . . . . . . . . . . . . . . . .County ss: ..~cz.~z. ~L 7t.trc.,c~- h'i' - -C~•~.~ J ~ ~l a-a,o a_.<.c.~ ' ' I h~r.by certify that on t s day, before R~e, an orficer dulX 'authorized in the staie aforesaid and in the county ! a(o~:sa~d to take acknowledgements, perso~a'.ly appeared. .!~fTed, S~~j.~~~~, .a.Ipal'i'7-~S~ 74~i1.. . ~ to me known to th~ person(s) described in and who executed the f . ; ;~,::~~::a~ instrument and acknowlzdged before me that. . .cxecuted the same for the purpose therein ~ cxpr~ss:d. . I - ; ~VtrtiFSS r!iy hand and official seal in the caunt~ and state aforesaid this. ..~.,1.. .day of ~ . . . ~g. J ~ i h9y ~o~imission eapires , ~ ~:.Y-^ .'Y .jn~ Z~ . ' ;.i ',_r~ YGtk . . . . a. /.~~':~L-~. ~ . I [Sta1j ':r,, I;~ ~315 Notary P~bIiC. . . . . • . • . . . . . • . . . . . . . . ~ i^~. • Qua1:~F4 i~ `i?-;=_~; CDU(1S~ y Ttirt1 ERp~ieS fw~rch 30. 19~ . ~ - ~ . ''F1 . ~i'"'~ . ~ ~ ~ ~ ~ (S~ace B~!vw This l~ne ReserveC Fo~ L~nder ar,d k~ord?r) 5 r 2 ~ f~4EO ~t~3~UE0 ~ si.LU~~-_f ~.~~RAS~A. ` RDi•' " " . - r ~l1~ j aF ~LE r*~ : IF~ .,Ot, ~ r.. • y~ ~ ~ 2~. 10. ~ - ~ ..F ~ - .~~~o~~~.s ~ . ~ ~ ~ ~55 PA~ 912 ~ ~~;Z ~ ~ ~ - _ ~ _ ~ _ _ . . _ v._ ~