HomeMy WebLinkAbout0220 prior to entry of a judgment enforcing this Mongage i(: Ia) Borrower pays l.ender all sums which would be then due under
~his Morlgage, the Note and notes securing Future Advanca, it any, had no acceleration occurred; ( b) Borrower cura
all breacha o( any other covenants or agreeme~ts ot Barrower containcd in this Mortgage; (c) Borrower pays all rcasonable
expenses incurred by Lci:~r.r in enforcing the covenagts and agreements of Borrower contained in this Morigage and in
enforcing l.eode~'s remedia u provided io paragraph 18 hereoi, inclucii~g. but not limitod to, reuonable attomey's feu: a~d
(d)•Bc~r~ower takes such action as I.ende~ may reasonably rcquirc to assurc that the lien of this Mortgage, Lender's interat
in the Property and Borrower's obligation ;a pay the sums secured by this Mongage shall continue unimpaircd. Upon such
payment and cure by Borrower. this Mortgage and the obligations securcd her~by shall rcmain in full [orce and effect u it
no acceleration had occurted.
20. A~oo~eat of Rent~ Appointmeat of Rereiver. As additional security hereunder, 8o~7ow~r t~trcby assigns to
l.ender the rents of the Property. provided that Borrower shall, prior to accele~ation unde~ paragraph 18 hereof or abandon-
ment of the Pmperty. have the right to collect and retain s±!ch re~ts as t4ey become due and payable.
Upon acceleratio~ under paragraph 18 hereof or abandonmeot ot the PropeNy, Lender shall be entitlod to have a
receiver ap~,:,i~~:c~ by a court to enter upon, take possession ot and manage the Property and to collect the rents of the
Praperty, including those past due. All rentx collectai by the receiver shall be applied first to payment of the costs of
management of the Pi~~:..rty and collection of rents, including, but not limited to, receiver's fees, prerr.iums on receiver's
bonds and'rc~aabk attorney's fees, and then to the sums secured by this Mortgage. The rcceiver shall be liable to account
only tor thou rcnts actually received.
21. Fat~re Advaac~a. Upon request by Borrower, l.ender, at t_ender's option within twenty years from the date of this
Mortga~e, may make Futurc Advances to Borrower. Such Fa~ture Advances, with interest thereon, shall be secured by this
Mortgage when evidtnced by promissory notes stating that said notes are securcd hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
secunty of this Mortgage, exceed ihe original am~unt of the Note plus USS.
22. Release. UpQn payment of all sums secured by this Mortgage, Lender shall releau this Mortgage without charge
to Borrower_ Borrower shall pay all costs of recordation, if any.
23. Altoroty's Fees. As used in this Mortgage and in the Note, "attorney's fee.s" shall include attorney's fees, if any,
which may be awuded by an appellate court.
IN WITNESS WHEREOF, Borrowcr has cxccuted this Mortgagc.
Signcd. sealed and delivered
in the Dmsence of:
- I .
.
.
.(Seal)
ar},~aul Gelinas -soR~.
5~
. . . ~e~-o. . . . . . . . . . . . . ~ . . . . , - - - . . es~~~
oise Geli~as --e«~?~
STATE Od ~~L . n o N-r . .G.~ H A a A . . _ _ . . . ~oun~y
I hereby certity that on his day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, p~:rsonally appearcd.Jean_ Paul_ Gelinas, and Franeoise Gelinas,
; • 2Li.S W~.f~ . . : . . . . . . . . . . . . . . . . . . . . . . to me known to bc the person(s) describcd in and who executed thc
~ foregoing instrument and acknowlcdgcd before me that they ,,,,,.cxecuted the same for the purpose therein
expressed.
WiTtvess my hand and official seat in the county and state aforesaid this. . . . . . . . . . . ?3~ . . . . . . . .day of
December ~ ~ 19 . ~
~ . . . ~r f' -.•,P`• . . . . . . . . . • .
~ My conira,~si~o,rtx~uties:, . : . -
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