HomeMy WebLinkAbout0778 prior to entry of a jud~nxnt caforceas thi: Mortp~e if: (a) Borrnw~ pays Lende~ all sums which would be tlKn due under
this Mort~age, tbe Note aad nota securinj Future Advances. if any. had no acoeteration occumed: (b) Borrowe~ cures
all breacl~a of any otber coveaaats or ajra,~nents ot Borrowe~ containod ia this Mort~: (c) Bormwe~ pay~ all rasomble
eacpcases iacurrod by I.ender in eatorcias tbe oovenagta and a~eemeats ot Hotro~ver coatained ia this Mortpge and ia
eaforcina L~er~der's nmedies aa provided in paraaraph 18 hercot. includina, but not limited to. rea{onabk attorney's fea: and
(d) Borrower taka sucd sctioa ss l.eader maf~ reasonabiy roquire to asaun that tbe lien of thi: Moctjage. Lender's interest
in tbe Property aad Botro~ver's obli~ation to pay the sums securod by this Mortiaae shall oontinue uaimpaired. Upon nrch
paYment aad cure by Bomower, this Mongaae a~d the obli6ations secured I~reby shali remain in ful! force and ef[ect ss it
no accekation had oocunnd.
2~. A~dpne~t ot ReM~ A~oiMwe~t of Recdrer. As additional security hercuader. Borrower herebY astigns to
Lende~ the rents ot the Ptoperiy. Provided that Bomower shsll. Prior to acakration unde~ paraaraph 18 hereof or aba~don- -
ment of the Property. have the right to ooliect and retain such ~eats as they becoa~e due and paysbk.
Upon aooeleration ~u~der puagraph 18 hereof or abandonmeot of the Propetty. I.ende~ ahati be entitkd to have a
receive~ appoiated by a court to enter upon. take possesaion of aad manaae tbe Property aad to colkct the rents af the
Property. includiag tbose past due. All rents collected by the reveiver shall be applied fl~st to paymcnt of the costs of
management of the Pt+operty and collection of rmts. includi~g, but not limited to, reaiver's fas. premiur~u on nceiver
s
bonds aad rea~onabk attorney's fea, and thea to the sums securod by this Mortgage. Tl~e rece~~er shall be ~~able to aocount
only for those ra~ts actualiy reoei~ed.
21. Frt~ee Ai~a~ces. Upon request by Borrower, l.ender. at Lender's option withia twrnty years frum the date of this
Mortgage, may make Fl~ture Advancxs to 8orrower. Such Future Advanas. with interest ther~on. shall be secured by this
Mortgage when evidtnced by prornissory ~ota statina that uid nota are socurod hercby. At no time shall tbe principvl
amount of the indebtedaeas secured by tWs Mortgage, not includina wms advanad in aooordanet hecewith to protect the .
security of this Mortpge, exoeed the ori~inal amount of the Note plus USt
Yl. Rekara Upqp psymeot of aU sums secured by this Mortsage, Lsnder ahall nkase tbis Matgage without chsrge .
to Bormwer. Botrawer shall pay all ooats of rec~ordatan, if any.
Z3. Attonep"s Fas. As used i~ this 1Nortaage and in the Note, "sttorney's fees" shall include attorney's fas, if aay,
which may be awudod by an appellate court. .
IN WITNESS WHEREOF, Bomower has eaecuted this Mortgage. .
Signed, sealed and deliverod _ . .
in tbe na of:
. . . . t~1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Seal)
~''~-e.~.+..1~ pc P,L 0~ L. Nbore _ -$orrowe? -
. . . . . ,~1,~_
~,u'; . . . . . . . . . . . . . . . . . . . . s . c~ • • - • (Sea1)
~ ~C%~'~:~ ~roww
j ryst M. t~oore
STATE OF 1~~~ . . . . . . . . . . . . . ~~~t.~. . . . . . . . . . . . . . . . . .~.,PAAL~?ISS:
I hereby certify that on this day, before me, an off'icer du~lX authorized in the state aforesaid and in the couaty
~ aforasaid to take acknowledgements, personally appeared: L,, Moorg, ~c~ C~y~t~,,l; M;,NIqQ~e,,
~ . . .ti3~~
. . . . . . . . . . . . . . . . . . . . . . . to me known to be the pe~son(s) described in and who executed the _
foc~egoing instrument and acknowledged before me that. ..~hGY. ..executed t6e same for tLe purpose therein
j e~~. . -
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_ WrrtvESS my 6and and officiat seal in the county and state aforesaid this. . . .day of
~ . . . . . . . . Msy . . . . . . . . . . . . . . . . . . . 19 . :7.$ .
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~ My Commission expues: . . . . . . . . . . . . .C~v . . . . . . . . . .
~~N~~.,..<<.~C' ,
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~ . ° 6EOR6E A. BECKER
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, . M~bry Pa61'~c. Osccala Count~, ~
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