HomeMy WebLinkAbout0467 :fi: ~
t~ ~
prior to eatry of a judgment enforcio~ this~~iNort~a~e it: (a) Bonower pays Lender all sums vrhich wouid be then due unde~
this Mortgaga. the Note and nota securin~ Future' Advances, it any, had no accekration occutred: (b) Borrower cures
all breacl~s of a~y othar covenana or agreement~ of Bormwer contained in this Mort~a~e; (c) Borrower pays all reuoaable
expen~es iacutred by L.eader in eatorcin` the covenant: and a~roements of Borrower caoatained in tha Mortpja and ia
eaforcinj Lender"~ remedks as provided in ~arasnph 18 hercot. includins. but aot limited to. reasonabk attorney'~ fees; and
(d) Borcower takes such action a Leader may nasonabty reqnire fo assure that the lien of this Mortzaae. Lender's Interat
in tl~e Propecty aad Bormwer's obligation to pay the wms aecured by this Mortgage shall continue unimp~ired. Upon such
Qayment and eure by Borrower. this Mortgage and the obligaNons secured hereby shall remain in full toroe aad et~ect u if
0o accekrataa had occurted.
20. A~dpme~t ot AeMs~ A~oiutn~est of Receher. As additional xcurity hereunder. Borrower hercby assigas to
Lender t6e rcnb of the pmperty, provided that Borrower shall, prior to accekntion under pua,~raph 18 hereof or abandon-
ment of the Property, have the right to oollect and retain such nnta a= thty become due and payabk.
Upon ~caleradon under puagraph 18 hereof or abandonment of tbe Pmperty. Leader ~aq be entitkd to bave a
receiver xpppinted by a oourt to ~nter upo~, take po:session of aad manage the Pmpetty and to colkct tha rents of tbe
Property, includin= tho~e past due. Alt rents collected by the reoeiver sha11 be applied S~st to payme~t of the costs of
management of the Property and colltction of rents; including, but not limitcd to. receiver'a fe~s~ premiums on rceeiver's
bonds and reaaoaabk attorney's fas. and tlien to the sums secured by this Mortgage. The reaiver shall be liable to socount
only for those renb actwlly reaived.
21. F~t~u~e A~a~c~s. Upon request by Borrower. Lender, at Lender's option within twenty years from the date of th~
Mortgage. may make Pbture Advances to Bomower. Such Future Advances. with interat thereon. shall be secured by this
Mortgage whe~ evidenoed by promissory notes stating that said nota arc secured hereby. At no time shall the priaciQal
amount of the indebtedness ~cured by this Mortgage, not including sums advancod in aocordancx herewith to protect the
securiry of this Mortgage~ exoad the original amount of the Note plus USS. . . . • . . . . • . . . . . . . • . . • • • . • • . • •
Y2. Rdare. Upai payment of all sums secund by this Mortgage. Lender shall release t6is Mortgage without chuge
to Borro~ver. Bon~ower ahall pay all costs of recordat'an. if any.
23. Attorne~ Rea. As used in this Mortgage and in the Note. "attorney's feas" shall-include attorney'a fas, if any.
which may be awuded by an appellate couit.
IN WITNESS WHEREOF, Bonower has executed this Mortgage. ~
Signed, sealed and delivered ~
in ihe p nce of: ~
. . . . . . . . . . . . . ~ . . . . X ~~!~f~~~ . . . . . . . . . . . . . . . . . . (Seal) .
'Nalter Farrr:er --ao~row.?
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~~y~L1'!~c 2. . . . . . . . . . . (Seal)
~ • . Laura Farn:er ~Of°'""
SreTe oF Fi.oxxID~, . . . ~~~1..i . . . . . . . . . . . . . . . . . . . . . . . .County ss:
I hereby cxrtify that on tbis day, before me, an officer ~on•zed m the state resaid and in county
aforecaid to take acknowledgements, personally appeared . ~C~~~„ . .~.~„-....a. . ~~l.a,~.~.~.~. - -
-~e .1./~tr~.~_,_._
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me kn o be the person(s) described in and who executed the
foregoing instrument aad acknowledged before me that„~q~`~. executed the same for the purpoae therein
e~ressed. _ ~
-FL
ess my han and o~cial seal in th county and ate aforesaid this . . . . . . . . , . . . ~ . . . . . . . . . day of
. ~s1~.... ~
~
~
My . ~ c sTalE o?ArotlAi? AT . . . . . . . . . . . . . . . . . . . . :
- taiMl'~; Mr f. ..A 4- Oal~ MAR . 2 ~yp ry Pua~c
f " . ~ 5 ~Qi"~3? t?+t'c ~rtq~l 11~. t~OBWRIIER'
I ? -
. ~'.}r.' `
;z ,
" ~ - .
- ~
~
~ (Sp~oe Below This LifM RtservW Fw LerWet snd Rsoade~
i ~"'f•~ ro
~
`_c~ riECOA.~.£D sL R t vr~vF.z
'z . - u?,~y * : ' .
~ ' " ` r' ; ~ • .
"s . . :t
~ ~~4296
c t ~ 7 FM 2•+ ~
~ ~ 1
~
~ . :
~ ~L`'-? . •
$
~ ~ fl ~
e«~~ ~
~
e
~
P
~ ~
T,~ . _ _ _ .
~i „ _ . ' . . , _ .~..~~.~.~.~.,,w. v
Y ~ ~