HomeMy WebLinkAbout0345 . << ' . _
~ . ,
prior to e~try ot a judgment cn(orcins this Mc~rlga~ i(: (a) Boraw~•*~ pays Lendrr att'sun~t which woyld be t~co duc under
this Mu~~ga~e. the Note and nota socuring Muwrc Advances, if sm, had no ~ccelcration ~ccurred; (b) Bocrowet curcs
sl! b~eaches ot any wher cuvenants or agreenxnts ot 8or~uwe~ coo~ai~Kd in this Mort~agc; (c) Borrowcr pays all reasonaWe
oxpenses incunod tiy I.cnder in e~?torcip~ tht rovensnts and agrcemcnls of Bormwer containcd in this Mwtgage and in "
entarcing l.ende~~ ~+emedics as providcd in parag~aph 18 he~cof. iocludins. but nw timitect to. ~easanabk s~ttomef•'s loa: and
(d) Bur~owe~ taka such action as l~ende~ may reasonably rcquirc to auurc that thc licn of ~his Mortga~e. I.endcr's interest ~
in ~he Pruperty and Borrower's abligation to pvy the wms sccurcd by this Mongage shall continue unimpaircd. Upo~ such
W)mCAt and CUr! by $O[iowe.~, ii~i~ Motiga~ a~~ ihc abligatia~s t~ur~ Iterch} shat! ~main in fu!! torce and elfe~t as N
no ae~ekratiun had occurred.
20. Atsir~ust~t ot Reetst Appoiatment ot Rectircr. As additional securi>> hcrcundcr. Borrower henby usig~s to ' .
I.end~~ the nnts of tha Propeny. provided that Bornowe~ shall, prio~ ~o aaekrotion undcr pa~ag~aph 18 he~eof or abandon-
ment of the Property. have the right to collect and retain such re~ts as ihey ~ccome due and payabk. .
Upon acoekration under pa~ragraph 18 hcreof o~ abandonmcot of the Propeny, Le~de~ shall be entitlod to have s
rcceiver appointat by a eourt to enter upon, take possessioo of and manage the Property and to colkct the rents of the
Propcny, ;ncludins thosc past due. All rents collxted by thc receiver shall be applied Brst to payment of tlu coscs ot
management of the Property and collection ot re~ts. including, but not limited ta, rccei~ers fca,~prcmiums on rocei~Y~i
boc?ds and reasa~bk attorrtey's fees. and then to the sums s~ured by this Morcgage. The coaiver shall be li:ble to aocount .
onl~ for those ~ts actually reoeiyed, ~
I1. Fntnre Ai•ances. Upon roquest by Rorrowcr, Leoder, at ~cndcr's optiun w-ithin twenty years from the date of thi:
Mortgage, may make Futu~e Advances to Borrower. Such Future Advances, with inte~est thercun. shall t~e secured by this
Mortgage whe~ evidenood by promiuory notes stating that said notcs are secured hereby. At no time shall the. principa!
amount of the indebtod~ess soeuccd by this Mongage~ not irnluding sums advanced in accordance herewith to pmtoct the
security of this Mort~sge. exceed the ori~inal amount of the Note plus USS. . . . .-0- . . . . . . . . . . .
Z2. Rekau. Upon paymeat ot all wms sccured by this Mortgage. Leode~ shall release this~Mo~tgage without charge ~
to Borrawer. Bonower shall pay all coats of Kcordation. if aay.
Z3. Attot~a~r'!~ Fees. As usod ie this Monaage and in the Nott. "sttorney's feei' shall include attorney's fees, if any,
which msy be awudod by a~ appeqate court. ' -
IN WlTNESS WHEREOF, Borrower has executed this Mortg~age. '
SlgOtd, SC81Cd Altd t~1VCPCd .
in the vn~ence of: , NI~?RVFNE LU~QIED
:
~a~r ~ . +'i
. . . . . : . . . . . . . . . . . . . . . . $Y: . . - : ~
. • ~;t~:
r
_ . M .
i
. ` O 7 'I~ ~
I ~ ~
• . • • ~ ~ ~ ~ ~ ~ ~ • • ~ ~ ~ ~ ~ ~ ~ . ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ • • ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ . ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ • _ ~ : ~ j
. ~ ~ ~ • , ~ = .
. ~ • . ~
•
w`
' I
` , • ~
-y,y
~ _ ~ ~ 1 ~
~ ~ ~ ~~T I'
M P~~~~~ ~~~f~'i • _ • i t~Y/ • ~LVWlty JJ• 'j ~
f~=i ~ ~ O V 1~A~;
/'~i~ ~ ~~~M«~~~~•
I herrby certify that on this day, before me, an officxr duly autharized in the state aforesaid aqc~ `~r.~• `
sforesaid to Uke ackuowled~ementa, personally appea~ed . . . . .1V{AR'Y~I ~~lE1?S. TAXIAR . ~ ~~,5. . :
MAI~JAl~ .LIHITF.D~. . . . . . . . . . . . . . . . . to me knowp to be the pe~son(s) described ia ancl arho ~e~cQcuDed tbe
tocegoing i~utrumeat and acknowledged before me tbat. . tie .......executed the same for~the pt?~~ther~f'a~.
~ ,'i t~ t' ~y`°t: -
r i
tp .S~"~i - ~ ~i`i•-, ~ i:~
~ C + ,,N - • .
Wtt~rtESS hand and oBicial seat in the couaty and state aforesaid ttiis. ' f' P~t~`/ _
~1.l~~ 19.~~.... _ m j 'r_
. . ~ ~j .
' . ~ n t .
. - ~3~ ~ `1 ` J
My Commissioa wcpins: . .
I~l'F E'ttME ~ . . . . . . . . . . . . . . . . . 's _ • : -
~ ~ y ~y~ _ .
J NM~ rYN~ •j• I~~ .t~ R
C. ~
5a •
- - ~ - - ; ^~~1~T ~ tfiJ'
; .,~::1, ,yF
~~4~,,~.t~
) ~ ~
~
(8osoe BNorr This Lin~ It~evW Fw Lender and Recorde~
~ ~27~ ~
~ 3~~5
s
~