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prior to eotry of a judgment entorcing this Moriga~e if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and notes securi~g Future Advanca, if any. had no acceleration occurred; (b) Borrower cures
all breacha of any other covenants or agreements of Bo~rower cantained in this Mortgage; (c) Borrower payt all reasortable
expenses incurrod by Leader in enforciog the covenagts and agreements ot Bomower containod in this Mwtgage and in
enforcing l.enderi remedies as provided in paragraph IR 1~ercof, including, but not limited to. rcasonable attorney's toa; and
(d) Borrower taka such action as l.ender may reasonably require to assure that 1he lien of this Mortgage, I.ende~'s interest
in the Property and Borrower's obligs~tion to pay the sums securcd by ~his Mortgage shall continue unimpairod. Upon such
payme~t and cure by $orrower, this Mortgage and the obligations secured hereby shall rcmain in tull force and effecl as if
no acccleration had occutrcd. .
20. A~nmeat of Reatfi AppoiMmeat of Recei~er. As additional security hereundcr. Borrower hereby assigns to
1_cnder the re~ts of the Property. provided that Bomowcr shall, p~ar to acceleration undet parag~aph 18 hereof or abandoa•
ment of the Property, have the right to collect and ntain such ronts as they become due and WYabk-
Upon acceleration under paragraph 18 hereof or abandonment of the Property, I_ender shall be entitled to have a
receiver appointed by a court to enter upon. take possession of and ma~age the Property and to colkct the re~tt of the
Property, iocluding those past due. All rents collected by the receiver shall be appliod first to payment of the coats of
ma~agement of the Propeny and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's
bonds and reasonabk attorney's fea, and then to the sums secured by this Mortgage. The roceive~ shall be liable to account
only for those rcnts actually received.
21. Fot~re A~vaecea. Upon request by Aorrower, l.ender, at 1_enders option withia twenty ytars from the date of this
Mortgage, may make Future AdvancGS to Borcower. Such Future AJvances, with interest thereon, shall be socured by this
Morigage when evidencod by promissory notes stating that said notes arc secured hereby. At no time shall the principal
amount of the indebtodness secured by this Mortgage, not including sums advanced in accordanee herewith to protect the .
security of this Mortgage. exceed the original amount of ~he Nate plus USS.
22. Reica~e. Upqn paymeot of all sums secured by this Mortgage, Lender shall ~+elease this Martgage without chuge
to Bonower. Borrower shall pay all coats of recardatio~, if any.
23. Attoney's Fea. As used in this Mdrtgage and in the Note, "attorney's fces" shall include attorney's foes, if any.
which may be awarded by an appellate couR.
IN WITNESS WHEREOF, Borrowcr has cxccuted this Mortgagc.
Signcd, sealed and delivered
in thc presence of:~ ~
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. . . . . . . . . . ~ . . . . ~Joseph B. ~Planche . . . . . . . . . . . . . . . . . . .-so.TO.e.
. . . . . ~ . . . . . . . . . _ . . . . . .4! . . . . . . . . . . . . . . . . . . (Seal)
Norma C . Planche -eo..~.«
STATE OF O~
R1D1? . . . . . . . . . . IAUISI~N~ . . . . . . . . . . . . . . . . . /lLd~l~}I SS: ~`(,~(!CQ Qf1 U J~.~v ~."r" _
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I hercby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
a[oresaid to take acknowledgements. personally appeared.'_Jose~h ,B.P1anChe_ alid No1Zna._ C., Plal2ehe,, ,
'f hi5 wife , to me known to be the person(s) described in and who executed thc
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f foregoing instrument and acknowledgcd before me that. ..~eY. ......executed the same for the purpose therein
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eapressed.
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~ ~rHESS my hand and official scal in the county and state aforesaid this. . . . . . . .f. . :3~! . . . . .day of
E A~st t9. .7$-
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~ My Com~ss?a1 e~.pira:~ o~.~~"'~ ~ ~ .
~ ts..q - . . . . . . . . . . . . . . . . . .~ry . . . . . . . . . . . . . . . . . . . . . .
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~ (Spsoe 8e1ow This Line Rts~rved For Lender snd Recober)
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; AOCER PO~T~~S
GLERK CIitCU1T COU
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