HomeMy WebLinkAbout0255 ,
prior to en~ry of a judgment e~lorci~g this Mortgage if: (a) Borrower pays ~ende~ all sums which would be then due under
~his Mortgage, the Note and notes securSng Futurq Advanca, if any, had c~o acceleration occurred; tb) Borrower cura
all breaches of aoy other rnvena~ts or agrteeraents o[ Bor~owe~ contained in this Mort~age: (c) Borrower pays all rcasonable
expenses incurred by [.onde~ in e~tot 'n ~e agts and agreements of BoROwer co~tained in this Mongaga snd in
enforcing Lende~'s remaiia as ~ovid~i~ pa 18 Aereot. including, but not limited to, rcasooable attorney's fea; and
(d) Borrower taka such actio~ as I.ender ma~j~nably require to assure that the lien of this Mortgage. Lendsr's i~torest
in the Propeny and Borrower's obligation to pay the sums securcd by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower. this Mortgagt and Ihe obligations secured hereby shall rcmain in full force and effect as if
nu accekration had occurrcd.
20. Asslgameat ot Rcats; Appoiatmeot of Receirer. As additional security hercunder. Borrower hercby assigns to
I.ender the rents of the Propeny, provided that Borrower shall, prior to acceleration under paragraph 18 hercof or abandon-
mrnt of the Property, have the right to collect and retain such rents u tbey become due and paysbk.
Upon acceleration under paragraph 18 hercot or abaodo~ment o[ the Property, l.ender shall be entitkd to have a
receiver appointed by a coun to enter upon. take possession of and manage the Property and to collect the rents of the
Property, including those past due. All rents collectal by tht receiver shall be applied first to payment of the coats of
~nanagement of the Property and collection of rents, including, but not limited to, receiver's fees, prem~ums on rcceiver's
bonds and reuonabk attomey's fees. and then- to the sums secured by this Mongage. The receiver shall be liable to account 4
anly tor those rents actually received.
21. Ftlture Advaoca. Upon request by Borrower, I.ender, at l.cnder's option within twenty years from the date of this :
Mortgage, may make Future Advances to Borrower. Such Future Advances, with intercst thercon. shall be securcd by this
Mortgage when evidenced by promissory nota stating that said notes aro secured hereby_ At no time shall the principal ~
amount of the indebt~dness securtd by this Mortgage, not including sums advanced ip aecordance herewith to protect the
security ot this Mortgage, exc~xd the original amount of Ihe Note plus USS.
22. Rekase. Upan payment of all sums secured by this Mortgage, l.ender shall relcase this Morigage without Chuge
to Borrower. Borrower shall pay all costs of recorda~ion, it any. ~ ~ _
23. Attoreey'a Fees. As used in this Mor~gage a~d in the Note. "attorney's feu" shalt include attorney's fees. if any.
which may be awarckd by an appellate courl. _ ,
TN WITN£SS WHEREOF, Borrowcr has exccutcd this Mortgagc.
Signcd, scalcd and detivcred
in ttx: prescnce of:
, .
. . .4~ . . . . . ~ . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . : ~'`f
.C'.C'!~.`. . . , (Seal)
~ '7reneo Cadsawan
~ iG, C C'~,Ci c=cE ,J (Seal)
. . . . . . . ..y . . . . . . ^ . . . . . . . . . . ! . . . . . . .
~ / • -
J anita Cadsawan
$TATE OF ~1~(~dl~
. . . . . . . . . . . . . Qh ~ 0 , . . . . . . . . GuYahoga. . . .Cbd~~? SS:
[
1 hereby certify that on this Jay, b~:fore mc, an afficer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appearcd. ..I.r•e~QO• Cadsawan• 3nd •Jua~a•ta •Cadsaw~?t
. . .h i s. w.i.f.e . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who eaecuted the
foregoing instrument and acknowledgcd betore me that. ....they. ....executcd the same for the purpose ther~ein
, expressed.
W~TNESS my hand and official seal in the county and state aforesaid this. . . . . . . . . . . .~21st . . . . . . .day of
, ....Decembec ....................19...7$
; My Commission expires: ~ ~ ~
s . Isi~O c`;"__ . . puo~ic . . . . . . . . .
~ .
~ , - _ . , y i. _ 3
~ ~ ~
: -
~ ~ . .
~
t
~ .
s .
~ . ~ .
.
; ~ (Spsce Below Tnis Line Rts~rveA Fw Lender sn0 Recwaer)
~ 'Z'l t~I ~ ~ ,
~ t~:,~~~~=~j !~~~;~~w
~ 1A1 HJ!A' 3nn?:~nd -n~~a~~~q oA~t
z /~lY Y C7YYOJ
~ ?~COnDED 3~Nb~2~If1SNl 31111(?~`3i~fJlf-i~
, . ~J!:TY FC.~.
4;~98~1
+ bM ~ : 53
19 ~F.1 ~
'y . . . _ . , . ~ ~ L~
~ CL~~N; ^r~~~~: ~
.
~
;
~
F 8~~~~01 ~1~~ 255
~
-
= , ~ ~ .
~
. W _
. ~~r
~ti L. Y
s ~s _ - n _ „