HomeMy WebLinkAbout0868 ~ua~r ci~tc~ of ~ ~u~l~;u?rnl rnlur:inK thi. \1.~ttkagc ~f: la) Iiurr.~Nrr pa~~ l.cn.lrr aU auma whi~h Hould br th~n duc undcr
th~.'`i,~;taa~e, Ihe notr an.l notre srcuring Fuw~r rWvancec, if an)•, had n~~ accrlc~~U~~n ~xcurred; Ib) Borr~~wer curcs
:~il h:r,.,hr, uf any uthrr ~ti»cnant. u~ a~rr~mcnts of B~rr.~~~•cr :~,ntainr.f in thi. rtorty,:~~'~: ttor~owcr p:f)'S ~II ~l'J~0111I)IC
~~~xn.~. i~~urr~J hy Lr~~d~r in cnt.+rring ~I~e c~~vcnant~ and agrcemrnts of Bor~owe~ co~t:~ined in this Mortgabe t~nd in
rnf~~:,~ng l rnJera r~mcJic. a~ pro~~ided in p.+ragraph 1R h~re~~f. including, hut not limited lo, rra~onahle attorney's (ees: and ~
td) }3~~rru~sCf WkCS sUCh ~Cti0~1 as LcrtJcr m:~~• rcawnahh~ r~yuirc a~ a~su~r that Ihc licn ot thic M~utgage. l_enler's intcrest
in th~ !'r.?p~~ty and Rurrowcr a obligatian to pa~• Ihc sums .~cured by ~hi~ l~tongai*~: shall contioue u~impaircd. Upon such
p.?~n;c;i: ;,nd cu~~ h~~ liarruw•er. this \lortgagc and the obli~ations xcured hereby shall rem:~in in full torce and effecl as if _
no ~..~Irr.~ti.,n had occu~~~d.
20. A.siR~ment of ytents; Appointmeot ot Recei~~er. A~ add~tional sccurit~• hercunder, Borrovver ~hereby assigns to
l.cndcr th~ reot. of thc Pra~xrty, pro~~ided ~hat i3~,rn~wcr ~hall. pri:~~ to accelcrati~~n undcr parag~aph IR hereof or abandon-
mc+it thr Propett~•, have the right to rnll~tit and rrr.~in auch rentc as the~ becomr dur anJ payablc.
l'p.~n acceleration under paraRraph IR hcreof or ahandonment of thr Pr~prny, I_rnder sh~ll t+e entitled to have a
re:ri~rr appointed by a court to enter u~+c~n, ~ake po~session ~f and managc the Property and to collect the ~ents of the
Yr.~~xrec, including th~~se past due. All rentc collected ba• the n-ceivrr shall tx: applied first to pa~~ment of ~he costs of
m.:n::,~:nrnt of the Pmpe~t~~ and collection of rents, incluJing, but not limited ~o, reccivcri fees, premiuma on receiveri
h.ind. .~n.i r~asonablt attorne~~ s fets, anJ then t~ thc sum~ securecl h~• this Atortgage. 'Il~e re:ei~e~ shall h~; liable to account
o~l~ I~~r th. >e rc~ts actually reeeivcd.
21. Future Ad~~anrat. Upc?n reyucst b~~ HorroNCr. I.cndtr, at LcnJer's option within twenty years from the date of this
~IOFIidCt. Ill.~~~ make Future Advances to Rorrower. Such Future Ad~-ances, With inten~st ther~~c+n, shall he securtd by this
V~vcbagr «~hen evidenced by promissory notes stating th~t ~aid notrs are ~ccured hereb~~. At no time Shall the principal
amount of the indebtalness secured b}• this I~tortgage, not including sums advanc~d i~ accordance herewith to protect the
securit~• o! this t~tortgage, exceed the original amount of ~he I~ote plus USS_ ...-0- -
22. Release. Upon payment oi all sums secured by this Mortgage. Lender shall relcase this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if an~•.
23. ~ttorney's Fees. As used in this Mortgage and in the I~ote. "attarney's fces" shall include attorney's fees, if any.
.vhi:h ma~• be awarded by an a~pellate court.
IN WITNESS WtiEREOF, Borrower has executed this Mortgage.
Signed~ sealed and deli~~cred
in the presence of: ~ ,
-
. ~ ' .
. ~ ~'1-r . . . . . . . . ` . . . . . . _ . . . . . . . . . . . (Seal) .
i~"
RI~WtD N. PIGE~i -BoriON1e'
`~l~ ~s`~,,` : .(Seal)
~'~y~4 J~.f• W. (r . ~kf~~i~. . . . . . . . . . . . . . . . . . . :LJ~' ' ' ' ' ' " ' . . . . . . . . . .
~ 'i. ~PIGEON
.S~t~r e~ ~'a.,.r~~1~~~ vl'`' , ra~.Afit/~ ~~s. ?
A ..............~.....COL~tySS:
s•
1 hereby certify that on this day, before mc. an oflicer dul authorized in the state aforesaid and in the oounty
aforesaid to take acknowledgements, personally appeared. . T1•. :~ICa~ON• • ~r • ~ • • -
,his. wife , , , , , , , , , , , , , , , , , , , , , , , , , to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged beforc me that. ....~~Y. ....executed the same for the purpose therein
expressed. .
I WiTrESS my hand and a~'iciat seat in the county and state aforesaid this. f..~-~. ......,,day of
~ April. 19 . . .
~ . . . . . . . . . . . . . . . . . . . . . . . . . , ~ : c
j M~ Commission cxpires: - " _ '
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cse'n _ - p ~ ~r* _ ~
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(Spsu Below This Line Reserved For Lende~ snd RecorAe~
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gQOK 2~i8 P~~~ 867