HomeMy WebLinkAbout0106 prior to entry of a judgment entorcing this Mortgage it: ta) Borrower pays Lender a11 sums which would be then due under
this Mo~tgage. the Note and notes securing Futurc Advances, it any. had no acceleration occurred; Ib) Bor~ower cura
all breaches of a~y other covenants or agrcements of Borrawer contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurrcd by Leader in enforcing the covenar~ts and agreemenu oi Borrower co~tained ip this Mortgage and in .
enforcing l.ender's remedies as provided in paragraph 1 ~i Aercot, including, but not limitod to. reuonable attorney's teas; and
(d) Bo~rower taka such action as Lender may reasc~nably rcquire to assure that the lien of this Mongage. Lender's interat
in the P~operty and Borcowers obligation ta pay the sums sec~rcd by this Mortgage shall continue uaimpaircd. Upon such
payment and cure by Borrower, this Mongage and the obligations secured heroby shall rcmain in full force and effect as it
no acceleration had occurred.
20. Assitaoaeot ot Reat~ Appoiatment of Receiver. As additional security hercunder. Borrower hereby assigns to
I_ender the rcnts of the Property, provided that Borrower shall, p~ior to acceleration under paragraph 18 heroof or abandon-
ment of the Property. have the ~ight to collect and retain such rcnts u tbey become due and payable.
Upon acceleration ur~der paragraph 18 hereof or abandonment of the Property, I.ender shall be entitled to have a
receiver appointod by a court to enter upon. take possession of and manage the Property aad to collect the rents of the
Property, including those past due. All rents collected by the receiver shall be applied fitst to payment of the costs ot
man~gement of the PropeNy and collection of rents, including, but not limited to, receiver
s fe~s. prcmiums on receiver's
bonds and reuonabk attorney's fces, and then to the sums secured by this Mortgage. The teceiver shalt be liable to account
only for those rents actually rcceived.
21. Futnre Ad~asce~s. Upon request by Borrower,~ l.ender, at I_ender
s option within twe~ty years from the date of this -
~lortgage, may make Futurc Advances to Borrower. Such Future Advances, with interat thereon, shall he secused by this
Mortgage when evidencod by promissory notes stating that said notes are securcd hereby. At no time shall the principal
amount of the indebtedness secured by this Mongage, not including sums advanced i~ accordance herewith to protect the
security of this Mortgage. exceed the original amount of the Note plus USS. r.~ •
22. Rekase. UpQn payme~t of all sums secured by this Mortgage, Lender shall release this Mottgage without chuge
to ~Orrower. Borrower shall pay all costs of recordation. if any.
23. Attoroey's Fees. As used in this Mortgage and in the Note. "attorncy's fecs" shall include attorney's fees, if any,
v~hich may be awarded by an appellate court.
1
~N WITNESS ~/HEREOF, Borrower has executed this Mortgage.
Signcd. sealed and delivered
in thc presence o •
~
/i .~JL_ ~
,
- ~;,kr`•'.'r;' . . . . . .",'Z! . . . . . . . . . . . . . . . . . . . . . . L`~~c~~`'s~~:`E' ' ' ' . . . . . . . .(Seal)
' C r s E. H a r 10 ~OfO""~`
~ , ~.G~ - /
u t~ _ ~ . . . . . . . . . . . . . . . . . . . . . . ~:,~:~J: . . . . . . . . . . . . . . . .cs~~>
. . Patricia K. Harlow
STATE OF D~~K~K . . . .V 1 RG J 1~11 A . . . . . . . . . . . . . . . . . . . . . . . . . .County ss: JG~n~
I hereby certify that on t6is day, bcfore mc, an oflicer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgemenls, personally appeared_ _.Cbar. I~.5. E.. Ha r.l.ow..and . Patr.i.ea.a . K•
I' .H a r. L o w,. h i. S..W 1~.6 to me known to be the person ( s) described in and who executed the
~ foregoing instrument and acknowledged before me that t h~ Y. executed the samc for the purpose therein
` eapressed.
~ - 21st
; W~TrtESS my hand and oflicial seal in the county and state aforesaid this . .day of
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