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HomeMy WebLinkAbout0302 . ! ~ p~ior to entry of a judgment enforcing this Mortgage i[: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes securing Futurc Advances, if any, had no acceleration occurred; (b) Borrower curcs all breaches of any other covenants o~ agreements of Borrower contained i~ this Mortgage; (c) Borrower pays all rcuonable expenses incurred by Lender in enforcing the covenants and a~reemenu of Borrower contained in this Mortgage and in enforcing Lender's romedies u provided in pa~agraph 18 hercof. including, but not limited to, reasonable attomey's fea; and (d) Bo~rower takes such action as Leader may reasonably reyuirc to assure that the lien of this Mortgage. Lende~'s interest in the Property and Borrower's obligation to pay the sums sezured by this Mortgage shall continue unimpairod. Upon such payment a~d cure by Borrower, this Mortgage and the obligations securcd hereby shall remain i~ full force and eftect as if no acceleration had occuned. - 20. A~waeat ot Reab; Appolatineat ot Receiver. As additional security hercunder, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prioi to acceleration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect and retain such rents u they become due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property. L.ender shall be entitled to have a rcceiver appointed by a court to enter upon. take possession of and manage the Properry a~d to collect the rents of the Property, including those past dpe. .All rents collected by the rcceiver shall be applied first to payment of the costs of management of the Pmperty and collection of rc~ts, including, but not limited to. receiver's fees. premiums on rcctiver i tx,nds and r~~nabk attarncy's fas. and tlsen to the sums stcured by this Mongage. 'It~e teceiver shall be liable to account only for those rents actually received. 21. Fnture Advaacea. Upon request by Borrower. Lender, at Lender s option within twenty yean fmm the date of this Mortgage, may make Future Advanca to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidencod by prpmissory notes stating that said nota arc secured 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 security of this Mortgage. exceed the original amuunt of thc Nota plus USS. . • • - - • • . • • • • • • • • • • • • - • • • • • • • 22. Rdeaee. Upoa paymeat of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Bonower shall pay all costs of recordation. if any. 23. Attoroey's Fea. As used in this Mortgage and in tht Note. "attorney's fees" shall include attotney's feu. if any, which may be awuded by an appellate court. 3~ IN W17NESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the Dresence of: - ~ i' - X ~ . .............(Seal) ~Ke neth D. Parkins -~oROw.r X / ~ Q:~~;s~...(Seal) irley ~E. ~P~ kins -eo.~owe. ~ STATE OF . . ......COUntyss: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . j . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that executed the same for the purpose therein ' expressed. , ~ ~ _ i WrrHESS myi!~yyd and off'icial seal in t~~unty and state aforesaid this. . . . . . . . . . . . . . . . . . . . . .day of ~ ~l~s~? .............19. ~ ~ . 5 M~.~mission'eacptrea: ~ ~ , ~ , . : . . . . . . . . . . . . . . . . . . . . . . . ~A]~ J. HECKMAN ~ - tSMU - liptARY PUBUC. NEW lER4EV ~'Y P1b1io ; ~ JI~ Cqt~~S~OM FxP~itEi FEB. 7, 19i1 / ?Y' ~ ~ ~j~~~ Lcp- C a.cl ~ lGJ ~ ~ J 7 f l s ~ ~ 3 \ ti ~ S d ~ n ` y (Spit! BNow This Lin~ Ressrved FOt Ll~da ind R~torde~ Y ~ / ~ _ ~ F~~EO ~ko REC~~ha: ~ r ~~O'~is Y:~.i:,~~ ST. LUG~£ .~UMj~ FL'- r. -~r ~OrF? ' L' ~ . ~ `"J "`r ~ ~ ~ ~ ` ~c~ _ , J . , i ~ _ Dl'tzn ~ _ i ~ i 1 , ~ ~ ~L~~O ;1 ~ ; ~ ~ ~ ~ 9uuK r~~~ ~0~ ~ t' ~ ~ Ci. ~ ~ ~ ' _ . _ " " _ ' ~ `~"`,y ~ .u" , . -:s`s~',~" ~ •a ~ a,,-~• _ . .~ti t~-?~ - ^`•3y"' w~xi . x ' ~".t _ f . . '~~..m .