HomeMy WebLinkAbout0711 prior to entry of s judgment enfoning this Mort~a~e if: (a) Borrower pays [.endu all wms which would be then due under
this Mongage, the Note and notes securing Futurc Advances. it any. had no acceleration occurred; (b) Borcorver cures
all breacha ot any othe~ rnvena~ts or agroements of Bonower contained in this Monpae: (e) Borrower pays ali rcasonaWe
expenses iocurrcd by I,ende~ in enforcin~ the covenar~ts and agranxnts of Hono+ve~ eontained in this Mon~ase and_ in
enforcing Lender's nmedies as provided in pangraph 18 Aercot. includi~g. but ~wt limited to, t~easonabk attorney's fas; and
ld) Borrowe~ takes such actio~ u Lcnder may rcasonably rcquire to assure that the lien of this Mo~a~e, Lender': iaterest
in tl~e Propeny aad Bornower's obligation to pay the sums securcd by this Mort6age shall continue uaimpairod. Upon auch
paymcnt.and cure by Bonowet. this Mottgage and the obligations srcurcd hereby sna11 rcmain in full torce u~d eQect as it
no accckratian had occurred. ~
~ 20. Aasi~emeM ot Reat~ Appoiatmcat of Recelver. As additiooal security herounde~. Bomawe~ hercby assiam to '
l.ender the re~ts oE the Property. provickd that Bomower sfiall, p~ior to accek~ation unde~ paragrapt~ 18 heoeof or abandoa- >
ment of the Pmperty, have the right to collect and retain such oents as tbey ba~ome due snd payabk.
Upon acceleration under paragraph 18 hereot or abandonme~t of tha Property, i.ender shall be entitled to have s ~
rcceiver appointod by a ~ourt to e~ter upon. take posxssion of and manage the Property and to coltect ihe rents of tAe ~
Property. iocludi~g those past due. All rents collected by the roceiver shall be applied Rrst to payment of the casts of •
management of the Propeny and colleclio~ of nnts, including, but not limited to. receiver's fxa, premiums on receiver's ~
bonds and reasonabk attorney's fas. and then to the sums socured by this MaKg~t. 'll~e receiver shall be liable to aaount
only tor those reats actually roceived.
21. Fdure Ad~a~cea. Upon request by Borrower, l.erKkr, at Lcnder's opiion wunin iwehty years from the date of this ~
Mortgage. may make Future Advances to Borrower. Such Future Advances. with.interest the~eon. shall be secured by this (
Mo~tgage when evideacod by promissory nota stating that said notes art securod hertby. At no time shall tbe principal f
amount of th~ indebtodness secured by this Mortgage, not includi~g sums advanced in aooor~noe berewit6. to protect the )
security of this Mortgage~ excxed the origina! amo~~t of the Note plus USS. :
22. Rdea~a U at ot all sums securod b this Mort - - - . . + . . . . . . . . . . . . .
P~ WY~ Y 8~. l.ender shall relea.st this Moctgage without chatge :
to Bo[rowe~. Borrower shall pay aU costs of rocordation~ it any. '
2~•. AKoroep's Fea. As used in this Mortgage and i~ the Note, "attorney's [oa" shall incle?de aitomey's fees, if any.
whech may be awaniod by a~ appellate court.
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IN WITNESS WHEREOF, Borrowcr has exccuted this Mortgagc. ~
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Signed, sealed and delivered / \ ~
in the Dr ~ ce of: ~
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. ~ero' 'nseri ) ~
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. . ~ G~ ~ !l. . l'~~ME~ . . . ~$Cal1
~ ~ ~ ~ ~ ~ ~ ~ Ha et R. Ransen
$TATE OR h-L~~lb~, . . . . . . . . . . . Maryland I~r/ llK.~ , ~
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I hereby certify that on thic day, bcfore mc, an officer duly authorized in the state aforesaid and in the vouaty ~
aforesaid to take acknowledgements, personally appeared. , J~~CQ~~.K.. Hanseu. aAd ~isTrie.t .K. .Hans.en, ~
-~+1~f~• . to me Icnown to be the person(s) described in and who caecuted ihe x
foregoing instrument• and acicnowlecfged before me that t1t~1t .......exa~ted the same for the purpose thenein `
eapressed. ~ ~ ~
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Wirx~ss my hand and official seal in the county and state aforesaid t6is. . . . . . .20th . . . . . . . . . . . .day of ~
. NnYember. r . 19..78...
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