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HomeMy WebLinkAbout0738 • •i t11 ,:r... prior to eotry ot a judgment eaforcing this Mon~age if: (a) Borrower p~ys l.ender all surtu which would be then due under this Mongage. th~ Note and nota securina Future Adva~ces, if any, had no acceletation occurred; lb) Borrower cuta all breacha of any other oovenaets or agreements of Borrower contained in this Mon~i~e; (c) Borrower pays all rcasonable txpenses incurred by Leader in en[orcing the covenaqts and ag~ame~is of Borrowu contained in ~his Mortga~e and ~n enforcing Lender's remedia as provided in pangraph t8 Aerco(, including. but not limitod to. rcuanabk attorney's fea: and (d) Honower taka such action as Lender may reasonably requirc to assure that the lien of th~ Mott6age, Lende~'s interest in the Property and Borrower's obligation to pay the sums securcd by this Mortgage ahall co~tinue unimpaired. Upoo such paYment and cure by Horrower. this Mortgage and the obligations secured heteby shall remain in full force aad elfect as iE no acceleration had occurrcd. ~ 2A. Asei~meN d Rcet~ Appoietae~t of Recelver. As additional security hercunde~. Borrower hereby assigns to Lender the rents of the Propeny. provided that Borrower shall, prior to accekration unde~ puagraph 18 hereof or abandon- ment of thq Property, have the right to collect and rctain :uch rents as t6ey bocane due and payabk• Upo~ accelention under paragraph 18 hercot or abando~ment of the Propeny. Lende~ shall be entitted to have a receiver appointod by a court to enter upon, take possesseon of and manage the Property and to collect the rcnts of the Property. including those p~ct due. All rents colla:ted by the rcceiver shall be appliod first to payment of the costs of management of the Property and collectian of rents, including, twt not limited to. roaiver's fee.s. premiums on receiver's bonds and reasonabk attorney's foa, and then to the sums securod by this Mongage. 'I1~e roceiver shall be liable to account only for those rents actually rcceived. 21. Fdtre Aa~aac~s. Upon request by Borrower, l~nder, at l.e~der's option within twenty years fcnm the date of this Mortgage. may make Future Advances to Borrawer. Such Future Advances, with interat thereon. shall be secured by this Mortgage when evideaced by promissory notes stating that said notes are securcd hercby. At no time shall the principal amouat of the indebtodness secured by this Mongage. not including sums advanced in avoordance herewith to protect the security of this Mortgage, excetd the original amount ot the Note plus USS. ' ' ' ' ' ' ' ' ' ' ' ' - 22. Rdease. Upqn payment of all sums securcd by this Mortgage, Lender shall rcksse this Mortgage without chuge to Borrower. Borrower shall pay all coats of recordat'an. if any. 23, Atto~ey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fas, if any. which may be awardod by an appellate court. ~ IN WITNESS WHEREOF, Borrower has ezecuted this Mortgage. Signed, sealed and delivered in the presence of: ~ L~ v . pci[?(/... {1..~~'~iG=u' • . : ...............(Seal) Robe r t F. Hood i 7CL~.~L , _CC,~Ci . . ~ . . . . . . . ~l. . . . . . . . . . . (Sea1) . Jerrilyn . Hood ~~G~ ~ S ~---~:.e STATE OF .........................................County ss: I hereby certify that on this day, before me, an ofi'icer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared . Ro b e r t, , F,., H Q Q~ , a r~ . J e r, r.i . L y n.n . A. Hood . h i,s , w i f e,,,,,,,,,,,,,,,, to me known to be the person(s) described in and who executed the ~ toregoing instrument and acknowledged before me that ....k h~.X executed the same for the purpo6e therein ~ i expressed. , ,?3~-~- ~ WITNESS my Il and o6icial seal in the county and state aforesaid this. r'~"'~. .day of . . . . . . . ' . . . . . . . . . . . . 19. ; My Commission expues: ~ ~ . e My G;m~;s~:~,~ CAr;;~:, :,~a~. ~:,198i; . . ~~Il. . . . . T:Y . . . . . . . . . . . . . . . . . ~ Z~~ ~ wc~K ~ ~ , ~ ~ ' - ~ ~ ~ _ - ~ . ~ , ~ • r ~ ~ ($psc.~e BNow This Line Restrv~d FOr Lender and RlcorOery ~ ~ ~ = l. ~ oi~i s ~ _ CL, RK Ci~iCUlt CO At . yE~~FiE~ - Acc 1~1 9 23 ~M'1 ,4 :c~ 413~ ~ ~ u ~ ~c~ ~ ~ aooK2~ r ~ ~ ' ' . , - - ~ . v. S; ~ ~ < ! ~ `~:--~x s~ ~~.~x ~.w : r ~~zs- ~ `'x ~ . ~~a~,'~ ~,y~ ~ _u ~sti _ -I ~ ~ '--,r~ ~ ~ ~ ;s- ~ s --.s ~ s~~~~r~ _.~x"` .-'"`;a.~ _ ~ 'e.~~-~-'""--~` '-~.~3` _ . t r,u~"~'.-''r',-~~~~."~:.~.r-:~ . , . .