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HomeMy WebLinkAbout0396 prior to e~try of a judgment eoforcin~ this Mort~ag~e if: (a) Borrower pays l.ender all sums which would be then due under . this Mortgage, the Note and notes securina Future Advanca, it any. had no acceleration occurrod; Ib) Borrowe~ cures all breachea of a~y ot}ier covenants o~ agreements af Borrower contained in this Mortgage; (c) Bormwe~ pays al) reuonable expenses i~curred by I.eader in enfotcing the rnve~agts and agree~ents of Botrower contained in this Mort~age and in enforcing Leode~'s remedia as provided in paragraph 18 Aereot, including. but not limited to, ressonabk attorney's tea: and (d) Borcov~+er talces such actioe as Lende~ may reasonably require to assurc that the lien of this Mortgage, Leoder': interest in the Property and Borrower's obligation to pay the sums secured by this MoK6ag~ shall conti~ue uaimpaired. Upon such payment aod cure by Borrower. thia Mortgage and the obligations sccurod hereby shall rcmai~ in tull forct and effect as it no acceleration had occurrcd. 20. Aasisoa~est ot Reatr AppoiNe~eat ot Receirer. As additiooal security hereunder. Borrowsr hereby assigns to I.e~der tbe reots of the Property. provided that Bomower shall, prior to accek~ation under parasraph 18 hereof or abandon- ment of the Property. have the riYht to collecl and retain such rents u t6ey bocane due and payabk. Upon acccleradon under paragraph 18 hereof or abandonme~t of the Piroperty. I.ende~ shaQ be e~titlod lo have a receiver appointed by a~rourt to e~ter upon, take possession of and manage the Property and to colkct the rents of the Property, including those past due. All rsnts collected by 1he rcceiver shall be appliod first to payment of the costs of _ management of the Property .and cnllectioo of rents. including, twt not limit4d to, teeeive~ s feas. premiums on receiver's bonds and reuonabk attomey's fees. and then ta the sums securcd by this Mortgagr. The receiver shall be liable to account only for those rcats actually received. 21. ~trre Aivsaces. Upon request by BoROwer, l.ender, at Lender's option within twenty yeus from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances. with interat thereon, shall be securcd by this Mortgage when evideaced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtodncss securcd by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, excoed ihe original amount of lhe Note plus USS. 22. Rdea~e. Upc~n payment ot all sums secured by this Mortgage, I:ender shall .release this Mortgage without charge to Borrower. Borrower shall pay aU cosu of recordation, if any. 23. wnorsey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's feu, if any, ' which may be awardod by an appellate court. ~ IN WITNESS WHEREOF, Borrower has executed this Mortgage. c g . . . . . :~!Y.~'!~. . . . Ir:~! : . . . . (Sea1) Signed, sealed and delivered Gl E. Porter . -Borrawer- i~ the presence of: ~ ..........(Sea1) ~ ~ . . . . . . t er -Borrawer- S~?~~~~. . . . ~ . . . . . . . . . . . . . . . . . . . . . (Seal) Glenn E. ~ Porter ~ ~ . -eo~?ow.. - . - 9.~~. ~ Diane Porter -e«~~ STATE OR ~l'/`~'Y~14+ • - • . . . . . . . . . . . PF•I~SYI+YAI~AA . . . . . . . . . . . .~~~d~ SS: (,(I ~d~( I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county atoresaid to talce acknowledgemcnts, personalty appearcd C~,e~II. .PQx~~x. ~~:1.~4~. ~orq#~hy. Po~;t~e~, , ~pis wife _-cined by•G1eI~ T. .Porte~ .Jr.. ~.e~ax~s,~ (g,~~known to be the person(s) described in and who executed the foregoing ~nnstrument and acknow gedbe~ore me'iF~at. ....thBy. .eaecuted the same for t6e purpose tberein ~ ' expres.ud:::•.•- : i ' i~*~ ij~l~ ~ . . . . j ~ .1 ''~'~s• ,a1 f.~~° . ' ; ,'~~~~~it'pt'~ iti~.~'and and o8~icial scal in the county and state aforesaid this. 2~~~. ....day of t ~ . : .:.~'~,ust. .,19. .~8. ~ ~ ' ' r- ~ / ~ My Pqmm~'on ~rpues • . ~ •Qb~'iF1~~10~.1R. Hoiary Pu~~C Not~ry Public ~ ~ r.~l~??• Wuhingtan Co,Pa. ~CO~f100 EiplfK ~ 1'!~ ~ ~ F 4 (Space Betow This Lin~ Res~rved For lenGer snd Recorae~) ~ . . ~ ' 1 ~ • ~ fi~EO ~?No sfcoROfo ~ ST.lUC1E G4UNTY FIA. ~ QOCE~ F~tTR?S : ~ r~_c: : -..s)~T CCU• t ~ - :r ~ S~° 19 I 2a PM'T8 = 4~5661 . : ~ _ tEt~~ va~ao~~ 'iwdf~v ~ . ~00~295 395 3nN3nb ~~3~+~iae ccoY - llllOJd~IH~ ~ ANddWO~ 3~Nt/2inSNl 3 ~ . ~ - - _ - - - - - - - _ ..,,~.T.._ ~ " - - -