HomeMy WebLinkAbout0771 prior to entry ot a judgment eatorcing thia Mortg~ge if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage~ the Note snd notes securing Futun Advanca. it any. had ao aocsleration cecurrod: (b) Horrower cures
all bracbes of any other covepants or ajroemena of Borcovrer contained ia this Mort~; (c) Borrower pays all reasoaabk
expeasa iacurrod by Lender in enforci~a the oovenar~ts and agroeme~tx of Bomvwer contained ia this Mon=s'e and iA
enforcia= Ltnder': temedia ss providcd in Pangraph 18 hercof, includin~, but not limited to. reasonabk attorney~s [ea: u~d
(d) Borrower hke: such action ss I.tnder may reasonably rcquiro to assun that the lien of this Mortpge. l,eoder's iaterat
in the Property and Bomuwer's obligadon to pay the aums secured by this Mortgage s?wlf oontiaue unimpai~+ed. Upoa wch
payment aad cure by Borrower. ihis Mortgage and the obligatioos secured hereby shall remaia ia fult focee and eliect u if
no accekratioa had occumed.
2~. Aadp~eat ot ReotR A~oi~taieat ot Rceeirer. As additional security hereunder. BoROwer hereby assig~a to
Lender tbe rcots of the Property. provided that Bormvre~ shail. prior to accekration under parasraph 18 hereof or aban3on-
ment of the Pr~operty, have the right to collect aad retain such reats s~ t6ey becon~e due snd payabk.
Upon accdention under puagraph 18 hereof or abando~ment of the Property~ Lender ~aU be eatitied to have a
receiver appointed by a oouct to enter apon. take posxssian of and manage the Propetty snd to oolkct the renb of tbt
Property, includiag those past due. All rents collectod by the receive~ shall be applied 8rst to payment ot tbe costs of
management of the Property aad collection of rmts, including. but not limited to. receiver's fea, premiums on receiver's
bonds aad ressoaabk attotn~y's fees, and then to the sums secured by this Mortgage. The rectivu shall be liable to sccount
only for those reats actually reaivod.
21. F~rhre AiraK~s. Upon request by Borrower, L.ender. at Lende~'s optio~ within twenty ytars from the date of this
Mortgage. may make Future Advanoes to Borrower. Such Future Advanca. with iaterest thereon. shall be secured by this
Mortgage when evidencod by promissory aotes sating that said nota arc secured hercby. At no time s6a11 tl~e principvl
amount of the indebtednas secured by this Mongage. not including sums advanced in socordaaoe henwvith to protect iht
security of this Mortgaaes. ea~coed the otiginal amount of the Note pl~n USS.
Rek,ara Upan payment of all sums securod by this Mortgage, Leader shall release this Mortgage witlaut charge
to Bocrovrer. Borrower s6s11 pay all eosts of recordatioa. it any.
23. Attorre~Ps Rees. As used in this Mongage and in the Note, "attorney's faa" shali include attomeys foes. if aoy,
which may be awarded by an appellate court.
jN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, scaled and deliveced
in tht prese of:
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. : . . . . . ~ . . . . . . . . . . . . . . . . . . . . .?.-.~~fC.`f:~: . . ~ ' . ~~*f.-'`...c:t^~ . . . .(Sea1)
Antho~y B~o ia -ew.~.?
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~ ' Grace V. Columbia ~ ~ ~ -eo~ro...
W {.rl~-
STATE OF W~~/C~ . . . . . . . . . . . . . . . . . . . . . . l : r• :t~ . . . .COt1f1t~1 SS:
I hereby certify that on tbis day, before me, an oH'icer duly authorized in the state aforesaid and in the couaty
aforesaid to take acknowledgements, personally ;appeared ~?thor~y B ; . Columbi~, and Grace , V; , , , , , , , , , ,
, Columbia,, his~wife to rrn known W be the persoa(s) described in and who eaecnted the
foregoing instrument and acknowledged before me that the3i exocuted the same for the purpose therein =
exptes.sed.
WrtNFSS my haod and o~cial seal in the county and state aforesaid this. 28th. .~y of
......................i9.76....
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