HomeMy WebLinkAbout0999 p;~~r t~ rnt~y of a ju~lgrntnt cnforcing thia l~lortgag~ it: (a) Norr.~w~r pa~s Lrndr~ ali tium~ whi~h woull be thrn dur undrr
thic ~tort~~ge, the Note and notrs securing Futurr Adv;u~c~~, if any, ha.l no acc~leration o~currecl; Ib) I3orrowrr cures
all !~~racha. uf any uther covrn~nts or a~reemena of B.~rrowrr cunt~i~~Cd in this `lungagc; (c) i3orro«e~ pays all reawnablr
e~p:~n:e~ i:i~urred by Lrnder in enforcing tha covrn~nts and :~b<<rments of Borrnwrr contained in this ~tu~tga,e and in
enf..~;iug l.ender's remnfies as provided i~ par~g~aph IR hcru~f, i~cluding, hut n~~t limitr~l ta, rea~c~nabla attorn~y's Ires; and
(~i) lt..rr~~cer t~kes such action as Lxnder may re~~ooably reyuirr to i»ure that ~he lien of this blortgige, L_ender's interast
in tt~e !'ropert}~ and Bo~rower's obligation to pay thr sums securrd hy this Atortgage ~h~ll continue unimpaircd. Upon such
p:~~~~~rnt anJ curc by Borrower, this ~tortgagt and the obli~;~tiuns s~currd hereby chall rem~in i~ (ull [orce and effect as if
nu : ..elrration had occurred.
:0. As,igome~t of Rents; Appointment of Receiver. Ac additiunal security here~inder, Borcowrr hereby assigns to
Len~er thc rents of th~ Propcrty. provided that Borrower shall, prior to acceleration under p:,ragraph 18 hereof or ab~ndon-
~r.rnt of the Property, havt ihe right to colla;t and retain such rcnts as thry become due and payable.
U{x~n acceleration undrr paragraph 18 he~eof or abandonment of the Proprrt~, Lender shall t~ entitled to have a
r~:ei~•er appointed'by a court to e~ter upon, take posses~ion of and man~gt the Property and to collect the rents of tht •
Pro}x~ty, including those past due. Alt rents collected by the recei~~er shall tx applied first to paymtnt of the cost~ of
mar.a~ement of the Proptrty and collection of rents, including, but nut limited to, rectiver's tees, premiums on receiver's
ba~Js and reasonable attorney's fees, and then to the sums secured by this hiortgage. The receivt~ ~ha11 be liable to account
only for those rents actually rtceived.
21. Future Advances. Upon rcquest by Borrower, Lender, at I_enJer's optiun within twenty years from the date of this
I~lort•~age, may make Future Advances to Borrower. Such Future Advance.i, with interest thCreon, shal! be secured by this
1~1ortQage when evidenced by promissciry notes stati~g that said notes are secured hereby. At no time shall the principal
amuunt of the indebtednas secured by this Mortgage, not including sums advanced in accordance hercwith to proteet the
security o( this Mortgage, exceed the original amount of the Note plus USS. . . . -0- . . . . . . .
22. Release. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU costs of recordation, if any.
23. Attornep's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees. if any.
which may be awarded by an appellate couct.
IN W[?NESS WHEREOF, Borrowe~ has executed this Mortgage.
Signed, s~aled and delivered
in the presence of:
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Q. . . , . . . . . . . . . . .cs~~~
Charles Di. Neff -8oitow~
..........................................(Seal)
-Bwrowet
~ l~/La y~ ~ ~D - ~j~
STATE OF . . . . . . !~~L:~~..:-: • t • • • • • - • • . .COL[lty SS:
-~F~t:~~~ %r~
i
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
~fo:esaid to take acknowledgements, personally appeared. . . . . ~r1es,M; , Nef~, $~.~e. .~dult. . . . . . . ~
~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the pe.rson(s) described in and who executed the ,
~ for~goi~ig instr~ment and acknowledged beEore me that. he. ........executed the same for the purpose therein ~
exp~zssed. ~
~ .
' ~ 1 NE my hand and ofl5cial seal in the ~ounty and state aforesaid this. . . . . . . . . . . . .,a; ~ . ;day ~of
~ l
19.~~? ;l~.• - ,
.44 L;j.~
J ~ 1
My Commissiun expues: ~-/-78 ~ ' i~~, Zr~t-v~'~ c~~~~_-, h n~.:~~. '
: L2 -c-~ a~ =
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~~~j Nartsry Public : , ~ ~ ~ , ~ ; \
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(Space Below This Line Resened For Lender and Recorder)
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