HomeMy WebLinkAbout0461 prio~ to entry of a judgment enforciog this Mongage if: (a) Borrower pays l.c~der all sums which would be then due unde~
this Mortgage~ the Note and notes securing Futurc Advances, if any. had no acceleration occurred; tb) Borrower cura :
atl brcaches oI any other covenanta or agroements af Bomower contaiood in thu Morigage; (c) Borrower pays all teuonable f
cxpanses incurred 6y Lender in enfor~cing ~he covenaqts and agroements of Borrower contained in tl~is Mongage and in '
enforcing Lende~'s remedia as pmvided io pangraph 181~crcaf, including. but not limited to. ressonabk attorney's tees; and '
(d) Borrower takes such action as Lender may reasonably rcquirc to assure that the lien ot this Mortpge. I.ender's ieterest i
in the Property and Borrower's obligatioo to pay the sums securod by this Mortgage shall continue unimpaired. Upon such `
payment and cure by Borrawer; this Mortgage and the obligations securcd hereby sAall remain in tull forc~ and effcet u it ~
no Acceleratioo had occumed. ;
20• As~si~ameat of Reatr, A'pointa~eat of Receiver. As additional security hereunder. Borrower hereby assigra to i
Ixnde~ the re~ts ot the Prope~ty. provided tAat 8ornower shall, prior to accekration under puagraph 18 hereof or abandon- ;
ment of the Property. have the right to collect and retain :uch rcnta as tbey become due a~d payabk.
Upon acceleration under paragraph 18 hcrcof or abandonment of the Pmperty. l.ender shall bc e~titled to have a '
t
rcceiver appointal by a court to eoter upon, take possession of and maoage the Property and to colkct the rcnts of the
Property, including those past due. All rents collected by the rereiver shall be applied first to payment of the coats of
management of the Pmperty and colleetion of rents, includiog, but not limited to. roaiver
s fee.s. •prcmiums on roceiver's
bonds and rcasonabk attorney's fees, and then to the sums socurod by this Mongage. 'll~e recciver shalt be tiable to accour~t
only [o~ those rents actwlly received.
21. Frtare Adrasces. Upon request by Borrowcr, I~nder, at Lender's option within twenty years from the datc of this
M~rtgage. may make Future Advances to Borrower_ Such Future Advances, with interest therooe, shall be socured by this
Mortgage whtn evidenced by promissory notes stating that said notes are secured hercby, l1t no time shalt the principal
amount of the indebtodnas socured by tAis Mortgage. nat including sums advanced ie aocordance herewith to protcct the
security of this Mortgagt, exceed the original amount of Ihe Note plus USt..-""""""":'.
22. Release. Upc~n payment of all sums securcd by this Mortgage. Lenckr shall rekau this Martgage without chuge
to Borrower. Borrower shall pay all costs of recordatio~. if any.
23. Attoroey's Rces. As used in this Mortgage and in thc Note. "attorney's fees" shall include attorney's fees. if any.
which may be awarded by an appellate court.
IN WtTNESS WHEREOF, Bonower has eaecuted this Mortgage.
Signed, sealed and delivered
in the presence of:
. . ~ j
. . . !~~`ci~~..._~. . !n2k~...t . . . . . . . . . . :
;L'??r~ ' ,C~.~.C~rrt~:
~ . . . .(seal)
3ward R. Ad ek r. _eo~,ow..
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. . . . . . . . . . . . . . . . . . . . . . . . ~~-~i!!'-~~.i... . . . t~...+~ . (Seal)
Eleanore M. Adamek > ~o.~
$TATE OF t/ DK ..I~INNES..
.'O`I'A . .~d~b~ SS: ~ . ~
I hereby certify that on this day, before mc, an ofi'icer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgcments, personally appeared. ~ward. R.. Adamek Jr. . and Eleanore M.
Adamek, his_ wiYe _ to me known to be the person(s) described in and who eaecuted the
foregoing instrument and acknowledged beforc me that. they _,_,,executcd the same for the purpose t6erein
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