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HomeMy WebLinkAbout0837 _ p~~ . ~ prior to eotry of a judjment e~forciaa thia Mortgage i[: (a) Borrower p~ya Londer all sums which woutd be then due under this Mortgage. the Note and eotes socurina Future Advances. it any. had ~o acceleration occurrod; (b) Borrower cura all broaches of any other eovenaats or agreements o( Borrower contained in this Mortgage; (c) Borrower pays ail reasonabte • expenses iocurrcd by Leode~ in enforci~g the cove~a~ts and agreements of Bomower contai~ed in this Mortgage and in enforcina Le~der's nmedies as provided in paragraph 18 hercot. including. but not limitcd to. rcasonable attorney's feea; and (d) Borrower taka such action aa Lende~ may reasonably rcquire to assure that the lien of this Mortgage. Lender's interest in the Pmperty and Borrower's obligation to p~y the sums securcd by thia Mortpge shall continue unimpaired. Upon such payment and cure by Borrowet~ this Mortgage ar~d the obligations seeurod hercby shall remain in tull force and efiect as if 0o accekration had occurnd. 20. A~d~smeN oi Reeh; A~poiNmeat of Recciver. As additional security henunde~. Borrowe~ hereby usigrts to Lender tl~e rcnts of the Pmpeny. provided that Borrower shall, prior to accekration under paragraph 18 hereof or abandon- me~t of the Property. Aave the right to coltcet snd retain such rents u tLey bccome due and payabk. Upon accekration under paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to have a roceive~ appointed by a court to enter upon. lake possession of and manage the Property and to colkct the rents of the Property, including thase past dua All rents collected by the receiver shall be applied first to payment of the costs of management of the Property and collection of rcnts, including, but not limited to. receiver s fus. premiumc on roceiver's bonds a~d reasonabk attorney's fees. and ttien to the sums securod by this Mortgage. 71ro receiver shall be liable to account only for those rents utually roceived. 21. Ftitere Aa~a~cea. Upon request by Borrower, l.ender. at Lender's option within twenty years from the date of this blortgage, may make Future Advances to Borrower. Such •Futur~ Advances, with interest thercon. shall be secured by this Mortgage when'evideaced by promissory nota stating that said notes are socured hereby: At no time shall the principal amount of the indebtodness socured by this Morlgage. not including sums advanced in avcordance herewith to protect the sccurity of this Morigage. exoad the original amount of thc Note plus USS.---~-~~~'-~~-~--~'-~-- - 22. Relere. UpQn paymeot of all sums securcd by this Mortgage, Lender shall release tliis MoRgage without charge to Borrower. Borrower shall pay aU costs of recordation. if any. 23. Attoroey's Fees. As used in this Mortgage and in the Note. "attorney's fces" shall include attorney's fces, if•any. which may be awardod by an appellale court. TN WITNESS WHERBOF, Borrowcr has exccuted this Mortgagc. Signed, sealed and delivered in the pcesence of: . . ~i; . . ' . . . . . . . . . . . . . . 4~~~~".a!~ . e , . . . . . . (seal) Theodore F. MeCain -8~~ . . . ~ . . . . . . . . . . . . ~~R'JLL~: . L i ~~GGt!. . . . . . . . . . . (Seal) . C~~~~~ ~o.rvw.' ~ Maria MeCain STATE OF/~1U~R~P~, . . ~~ZGA~. . . . . C"~ Yl.~. ` G. . . . . . . . . . . COUIIty SS: ~ . ~ ~ z 1 hereby certify that on this day, before me, an ofi'icer duly authoriud in the state aforesaid. and in the county ~ ~ aforesaid to take acknowledgements, personally appeared. .T.t?eodore F. ,MeCain ,and, Maria ,M~Caip,, . . . . , his wife, , , . . , , , , , , , , , , , , , , to me known to be the person(s) described in and who executed the ~ foregoing instrument and acknowledged before me ihat. , they. ,,,,,.executed the same for the purpose therein f eapressed. ~ ' Winvsss my hand and official seal in the county and state aforesaid this. . . . . .18th , , , , , , , , , , , , ,day of ~ , , FebruarY . . . . . . . . . . . . . . . . 19. . 78 ~ ~ : My Commission expires; 3 \~\a~~~--~ ~ ,,t~1.N:.tir{~ ; i ~~I~1 ~ti f ~ . , . . . . . . . . . . . . . . . . . . . . • - Notary Public . . . . . . . . . . . . . . . . . . . . . . r~ ~ 5 ' r ~ ~~i-i , ' s _ ,1., . i. : • ^ • ; ~y_7 J t~t'-1:(.'- , _ i ~ , (Spac',e Below This LiM Res~rvW Fot lender se~d RatwOln ~ t ~ ~ r~~ Q~~g~~ ~ ~ ~~GEP. ROI~RAS ~ ~~fF?• C:';CUIT C~U? ~ ` ~ ED ~ ~ M~p 9 2- i6 PH'7F ; ~ r ~ 39~293 # . ~ , ~ ; ~ ao~« 283 ~A~~ 8~3fi ' . ~ ~