HomeMy WebLinkAbout0016 . ' • .
priar to entry of a judgment enfurcing this Mortgage if: (a) Borrower pays I_ender all sums which would be then due under
this Mortgagr, the Note aad notes securing Future /ldvances, it any, had no acceleration occurred; tb) Borrower cures
all breacha of any other covenants or agrcements of Borrawer contained in this Mortgage: (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the cove~aqts and agreements of Borrower contained in this Mortgage and in
entorcing l.ende~'s temedies as provided i~ paragraph 1 R Aereuf, including, but not limited to, reasonable attorney's tees: and
(d) Borrower takes such action as L.ender may ~easonably~reyuire to assure that tht lien of this Mortgage, I.ender's interest
in the Propeny and Botmwer's obligation to pay the sums secured by this Mortgage shall continue unimpaircd. Upon such
payment and curc by Borrower, this Mongage and the obligations secured hercby shall remai~ in full force and ef[ect as it
no acceleration had occurred.
20. Astigament ot Rentx Appoiatmeal of Receiver. As adJi~ional security hercundcr, BoROwer hereby assigns to -
l.e~de~ the rents of the Praperty, provideJ that Borrower shall,'prior to acccle~ation under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect aod retain such mnts u t6ey become due and payable.
Upon acceleration under paragraph IR hereof or abandonment of the Property, I.cnder shall be entitled to have a
receiver appointed by a court to enter upon, take possession o( a~d manage the Property and to collect the rents of the
Property, including thoae past due. AU rents collecteJ by the receiver shalf be applied first to payment of the costs of
management of the Property and collection of rents, incluJing, but not lirr~:ted to; receiver's iees, premiums ~n receiver's
bonds and reasonable attorney's fees, and then to the sums secured bp this Mortgage. The receiver shall be liable to account
only [or those rents actually received. -
21. Fnture Advancea. Upon request by Borrower, I_ender, at l.endcr's option within twenty years from thc date of this
Plartgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this -
Mortgage when evidenetd by promissory notes stating that said notes are secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in ,~ccordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS . . . . - - - - - - ' - - - -
22. Rekase. Upan payment of all sums secured by this Mortgage, Lender shall release ihis Mortgage without charge
to Borrower. Borrower shall pay all costs af recorJation, if ~ny.
23. Attorney's Fees. As used in this Mortgage •rnd in the Note. "attorncy's fecs" shall include attomey's fees, if any,
which may be awanied by an appellate court.
TN WITNESS WHEREOF, Borrower has executed this Mortgagc.
Signcd. sealcd and delivcred _
in thc Drescnce of:
i' , ' ~ ~
. . _ . . . . . - . . :L`-:"~ _ . . . . . . . . . . _ a~ . . . L'. v . . 1. . .L.u . . . . . . . . . . . . . .
Robert E. Parry ' ~
_ . ?)'~A.4~,~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(Seal)
\ ` --8orrawer
' ST~rE oF A[14i6i~1f, . . .C A NA D A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Counry ss:
, I hereby certify that on this day, before mr, an officer July authoriud in the statc aforesaid and in the county
~ aforesaiJ to take acknowlecigements, pcrsonal ly appeared . Ro b~e r t. , E... P a.r. c~., . a.n . u.n m a.r. r.i .e d..~n a n,
~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to lx the person(s) described in and who ezecuted the
; foregoing instrumcnt and acknowledged beforc me that. . h.e ...czecutcd the same for the purpose therein
G expressed.
~ ~ Tf/
~ W~rNFSS my hand and official scat in thc county and statc aforesaid this. .....~}stt• •-z~• •-•-••.day of
~ . . . . . . . . . . . . .J u.l.y . . . . . . . . . . . . . 19.7.8 . .
~es/ia~ ~
~ ?Hyttc4taoouir~~,~ap~re~: _ . . . . . - - - - . . . . ~ : . . . . . . . . . . . . . . . .
~ p .••~t~; , " ~ ~ / ry PuGlic
t . • / ,
.a . _ _
~ 6,• a``
~ - - ~ 1 ~ . -
~ t -
~ • ~ ~ . E ~ .
~ ' " ~ `s'~ • ~
~ ~ - • . ~•.-F, - ,
~ . ~ ~ i ~ '
~ . '
',~2~.*, (Spsce 8ebw This line Reserved For Lendcr and Recorde~)
~i -
~
d~
~T4~YOA~RG~~'T~A Tl~.
r~
wa c~ ~ oc~~RCU~T co ~~T
r~' --r^. --'E lfCs
23 3 06 PH'?R
.
Y~' 414'749
~
~ ~ ' ~CCr ~t7~ .r^.r~ ~V
?
~x .
_
~ - ~
~ rv ; _ - `
~v,y~~~'M-~.~~~t,~,~.