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HomeMy WebLinkAbout0439 . . ~ prior to entry of a judgment e~forciog this Mo~t~age if: (a) Borrower pays [.ender sll sums which wou{d be theo due under this Mongage. the Note and notes securi~g Future Advances. if any. had no accxkntion occurred: (b) Horrower cura ~ all bnuha of any othcr rnveoants o? ~raments o! Borrowe~ contained in this Mon~s~e; (c) Borrower pays ali nasonable - expcnses incurrod by Leader in eii'roning the rnvenagts and aareeme~ts oE Borrower oontained in this Mon~a~e and in e~forcina Lender's eemedia aa provided in pangraph 18 hercoi. includina. but not limitod to. rcasonabk ariorney's fas: and {d) BoROwer tskes such actio~ as Lender may reasonably rcquire to assure that the lien of this Mort~a~e. Lsnder's intenst ; in the Propetty and Botrower's oblig~tion to pay the sums securod by this MoMaage shall oontinue unimpaired. Upon such ~ payment aad cure by Borrowe~, this Mortgage ~nd the obligations secured henby shall remain in full tora and effacl as it no acceleratio~ had oceurred. 20. Ad6~med ot Re~ AppoialmeM of Recelver. As additional security~hereundcr. Borrower hereby assigns to Lender the rcnts of the Propeny. provided that Borrower shall, prior to accekration under puagraph 18 heroof or absndoa- ment of the Property. have the right to collect and retain such rents as t6ey bxome due and payabk. Upon acceleration under paTagraph 18 hercof or abandonmeot of the PropeAy. i.ender shall be entitled to have a receive~ a~pointed by a court to e~ter upo~, take possession of and manage the Property and to collect the ronts of the Property, including those past due. All rents collected by the receiver shall be appliod Brst to payment ot tho costs of management of the Property and collection of re~ts, including, but not limited to, reaiver's feac, premiums on receiver s ~ bo~ds and rcasonabk attorney's fea. and then to the sums securcd by this Morigage. 'ilie roceiver shall be liable to account ; onty tor those rents actwlly raxived. ; 21. FYtnre Ad~s~ea. Upon rcquat by Borrower, i.ender, at Lender's option within twenty yurs frort? the date of this Mortgage. may make Future Advances to Borrower. Such Future Advances, with intercst thereon. shall be secured by this i Mortgage when evide~.ed by promissory notes stating that said notes arc secured hercby. At no time shall the pnncipal s amount of the indebtedness secured by this Mongage. not including sums advancxd in aocordance herewit6 to protect the security of this Mortgage, excced the origi~al amount of the Note plus USS 22. Rekaie. Upqn payment of all sums socurcd by this Mongage. Lender shall relesse this Mortgage without chuge to Borrower. Borrower shall pay aU coats of recordation. if any. 23. Attoreey's Reea. As used in this Mortgage and in the Note, "attorney's fees" shall i~clude attorney's fees, if any. which may be awarded by an appellate court. - _ ; IN WITNESS WHEREOF. Borrower has eaecuted this Mortgage. Signed, sealed and d~livered - _ in thc presence of: , /~4'C!-t~r' v ' . . . . . . . . . ~•:q.r.%• . . . . . . . . . . . . . . . .O!4~. . . . . . . . . ~ G on L. L ~ . : . - : ~-....11.E... . . _ . ~ _ . Marie Y. Lowe . 9~e~.tdrb6(, .-~ANAAA. . . ~ ~ . ~ ? - •Ei• ~ ; I hereby certify that on this day, before me, an oflicer duly authorized in the state aforesaid and in the county ~ aforesaid to take acknowledgements, personally appeared. . Gordon,L,_ Lowe, ~nd M~~ig, V., .I,Q~,. . E , . , his ,~nrif e , , , , , _ , , , , , , , , , , , , , , to me known to be the person(s) described in and who executtd the (oregoing instrument and acknowledged before me that. they _,,,_,executed the same for the purpose therein f• eapressed. i - " i W~THESS my hand and official seal in the county and state aforesaid this........~9th ...........day of ~ . . . . . . . . . . . . S~RX~4~ber . . . . . . . . 19. . ~ A ~ My Commission expues: ~s1 ~Y~~ ~ . . . . . . . . . . . . . . . . . . . . . ^L"1/ . . . . . . . . . . . . . . . . ~ - ~~~~l+'q H°ary ~ ,jti~.l J ~ = ~ ~ ~ - - . .~r;,,,. ' ?,.,5 . .t ~ Y . . ~ - ~ ' ~ y ~s 4 . ~r ~ ~ si ~ ~ ~ " : ~ : ~ . . . =i~., ' . r. e a~ (g~,,~ BalOw Thif liM RtSlrvW FOr ltodlr snd RlcOrOlrl . . ~ , ~ ^ " `~~T£T££ d41a0`1~ `~~~~(~W ~ ~ ~woEO 3f1P13~d '1~i~N~lb~ p~Q~ ~ sj `o ~N~ o~~~~st~'~ ANddWO~ 3~Nbti~SNl 31111 OJd~iH~ ~ - jtZ ~~`~sF ~ - ; CLEf K ~ _ : c s . ~ ~i g 211 P~'~~ 4:i8b83 , ~ SEe 1 ~ o R ~,,t~ ~ ~ ~ ~ • ~ ~~J~• ! 6 $ 1 ~ ~ ~T^"'i~~ Z~'. S ~ . _ it..~"s Y~ . . - . _ `..G:-.:` .::i s'>4