HomeMy WebLinkAbout0479 prn~s t,~ r~i:i~~ o( a ju+l~;nicnt ~nt~~rcing thi~ \1~~r~bage if ~ lal IA~rn?wrr pa~~~ I.cnJrr all tiun» which Hou1J t~e Ihcn due unJer
th~• \t:~.t..~i~. thc :~cnr an.! not~Y ac~un~i~ I~uturc Adrar,~c~, i( an). had nu rc.cl~ratio~? iKCUrr~d: lh) liur~owcr curec
all ?~cr.t~hr. of :my ulhrr cu~rn•rnt~ or agrcrm~nti of Born»
~•cr.untainr.l in thi~ ~tortga~r: /c) 1lurn~wrr pa)~a ail rca~onablc
~~{kn.r. in~urr~~J hy I.rndrr in cn(.~rring ~hc ruv~n~nts and :?grccmc~~~s of E3orn~wrr conl:iincd in lhis Alortgagc and in
cnlu~.~n~; L~nde~'s reinr.lirs as p~u~•idrd in ~~.iragraph 18 hc~r~,t, includ~ng. hut not limital tc~, rca.anahle attornc~'s fcrs: and ,
(dl Itrrruwcr takrs aurh ac~ion as Lcndcr n~ay rcawn;~hly rcyuirc to :usure that thr ficn of Ihi~ Atottgage, I.e~dcr's interest
in thr i'r~~{+crt~• and Horrawrr's obligatiun to pay thc sums securc~i hy this A1~~ngab~e ~h~ll continue unimpaired. U{~on such -
p.~~ mrnc .,n.f curc by I3orrower. this Alartga~;c and the obligatipns securcd h~r~b~• shall remain in tull torce and eBect as i!
no a:.rlcr~tion had accurrcd.
I0. As~iRnment of Renls; Appoint~ne~t of Recei~e~. Ac add~ti~,~al securit~• henunJer, BorroM•e~ hereby auigns tu
Lcii~lcr thc r~ntc of thc Pru{x:rty, pruvided that l~orr.~~~•cr thall. prior tu accclcratio~ unJcr paragraph 18 hereot or abandon-
m~•nt th~ Prop~.rty. havr the right to colle.t and ~ctain su~h rcnts ac thc)• t+ccom~ duc and payable.
l~Fx?n acceleratiun unJr~ paragraph IR herrof or ahandonmcnt of the Proprrty, I.~ndcr shall be e~titled to have a
re.~i~er appointed by a court to enter u{xm, take ~+ossession o( anJ manage the Pmpert}• and to collect the rents o[ the
P~.~;krt~, in;luding thosc past dur. All rentc rnilecteJ by thr re:eiver shall h~ :~pplirJ first to pa}'ment of the costs of
m:~:~s,rmcnt of the Prc~prrt}• a~d colle~tian ~~f rents, including, hut not limited to, recciver's fees, premiums on recei~'er's
hond. anJ r~asonablr~ttorne)''s fees, a~J then to thc sums serun~i by this ?1lortga~e. Thc receive~ shall be liable ta account
onl: th.~.c rents actuall~• received.
21. Huturc Ad~•anc~. U~n request h~• R~rro~~rr. Lcndcr. at Len~er s option within ~wenty years from the date of this
r1a:t~ar~. ma~• make Future Advancec tu Borro~~er. Such Future Advances, w•i~h interc~t therzun, shall t?e secured by this
~to~t~;.:gc Nhen e~idenc~~ct b~• pramissory nates stating that ~aid note~ are xcured hereb~. At no time sh•rll the prirtcipal
amoun[ of the indebtedness secured b~• this 1?iortgage, not includiog sums advanced in accordance herewith to protect tht
secunt~ of this 111ortgage, excted tho original amount of the t~ote plus USS • • • . --0- . . . . . . . . . . . . . . . . . . .
23. Rete~se. Upon payment o[ all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borr~u-rr. Borrowe~ shati pay all costs of recordat~on. ~t any.
23. Attorney's Fees. As used in this M~rtgage and in the 1~ote. "attorne}°'s fres" shall include attorney's fces. if any,
which ma~~ be awarded by an aQpellate court.
IN ~VITNESS WH~REOF, Borrower has executed this Mortgage.
_ Sigied. sealed and delivered
in urc nce of: ~
.
!'~:Gt'rl.r4!. . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ts~~
!`/7~~ • ~R •A. Z. ~ -8orrow~r i
~(K~- , . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~ 1~ y.~1. . L~ . . (Seal)
ArII~1 ZI'PON -~•~K
/y1iN~/EloET.
$TATE OE ~E9RlD~.. . . . . . . . . .!~L.~'''fE'~ . . . . . . . . . . . . . . . . . . . . .County ss:
t hereby certify that on this day, before me, an oflicer du! authorized in the state aforesaid and in the county
aforesaid to take acknowledgements~ pcrsonally appeared. ~ilS.l~?l~~
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged beforc; me that. ...#~16y. .....executed the same for the purpo6e therein -
expressed.
n` ~
~ 1V Ess my hand and official seal in the county and state aforesaid this. . . . ~!I . . . . . . . . .day of
~ ~9.?7
s
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E My Commission expires:
~ . . . . . . . . . . . . . . . . . Ha.~y Pow~ . . . . . . . . . . . . . . . . . . . . . .
~ M11Md~ MM~M~W
~ ~At~lOKA
OOtA~Y
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(Spsce BNow This Li~e Reserved For Lender snd Recorder)
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