HomeMy WebLinkAbout0838 prior to eotry of s judgment enforci~g this Mongage it: ia) Borrower pays Lender all sums which would be then due unde~
this Mortgage. the Note aed notes securing Future Advances, i! aoy, hsd no aecelention occurred: 1 b) Borrower curcs
all breaches of any other coveaanta or agreermnts ot Borrower contained in this Mortaage; (c) Borrowet pays all reuonable
expenses incuned by [.eader in e~forcing the covenaqts and agreements ot Borrower contained in this Mortgage and in ~
enforcing Le~der's remedia u pcovided in paragraph 18 hereof. inctuding. but not limited to. rcaso~abie attorney's foa: and
(d) eorwwer tska such action as [.ender may reasonably requirc to assurc that the lien of this Motttage, Lende~'s interest
in the Propeny and Borrowe~'s obligation to.pay the sums securcd by this Mortga~e shall continue unimpaired. Upon such
Payment and cure by Borrower, this Mortgage and the obligations securod hercby shall remain in tull torce and effxt as if :
no acceleration had occurred. ~
20.. Asd~~me~t ot Reat~ AppolMmeat of Receive~. As additional stcurity hereunder. Botrowe~ hereby assig~a to
lxnde~ the rents of the Propeny, provided that Bomower shall. prior to acceleration under paragraph 18 heroof or abandon-
ment of the Property. have the right to collect and rctain such rents ss tbey become due and payabk.
Upon acceleration uader para~raph lA hereof o~ abandonment of the Property, Lender shaq be entitkd to have a
rcceiver appointed by a~rourt to enter upon. take possession of and maoage the Property and to colkct the rents of the
Property, including thoae past due. All reots collected by the roceiver shall be applied 6rst to payment of the cosu ot
management of the Property and collection of rents, including, but not limited to. receiver
s feas. premiums on receive~'s
bonds and ressonable attomey's fces. and then to the sums sesurcd by this Mortgage. The roce~ver shall be liable to aceou~t
only for those rents actually received.
21. F~ture Aa~seca. Upon request by Borrower, l.e~der. at l.e~der's option within twenty yean trom the date of this
Mortgage. may make Future Advances to Borrower. Such Future Advances. with i~tercst thercon. shall be securod by this ~
Mottgage whe~ evidenoed by promissory twtes stating that said ootes are secured hercby. At no time shall the principal
amount of the iadebtodness secured by this Mortgage. not includi~g sums advancxd in aooordanoe herewith to protect the
security of this Morigage, exceod th~ original amount of the Note plus USS.-----=------------'---"-°---'
. 22. Reka~e. UpQn payment of all sums sxured by this Mortgage. l.eader shall relcue this Mortgage without chuge
to Borrower. Borrower shall p~y all coats of rccordation, if any.
23. Altorsey's Fees. As used in this Mortgage and in the Note, "attorney's fces" shall includo attorney's fces, if any.
which may be awudod by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage. .
Signed, scaled and delivered ~
in tt~c presence of:
~
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~
E«r~ '~~t'~ Ernest C. Scafone -~O"°'"'~
~f? -t c~-f~ C ~-~C~ c i ~ - .
/~~~2dc~~X~. . . . . . . . . . . . . . (SC81)
.
C?.~Ro • ~L-~ ~~S Miriam P. Scafone ~O"'°iM"
,
STATE OF ~1, . . M~.C~1~9dI1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .COUIIty SS: ~
[ hereby certify that on this day, before mc, an ofi'icer duly authoriud in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeamd. .Exnes~. ~C. .Scafcane :and. t~i~iam. P.. Scafone.,
, _ , ~?~s , wi~g, , , , , , , , , , , , , , , , , , , , , , to me known to be the person(s) described in and who eaecuted the
I! foregoing instrument and acknowledge:d before mt that ...they. executed the same for the purpose t6erein ~
j eapressed.
l WtTxess my hand and official seal in the county and state aforesaid this. . .?~~t . . . . . . . . . . . . .day of ;
F ~ December . . . . . . . . . . . . . . . . . . . 19. . ~
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~ My Commisaioe e~cp~res: . . . . . . . . . . ~i~~~~~~d! . . . . . . . . . . . . . . . . . . . .
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