HomeMy WebLinkAbout0833 ~
~ , '
l.
p~ior to entry of a jud~ment eafo~cing this Mortgagc it: (a) Borrower pays Lende~ al~ sums which would be thea due uader ~ ~
this Mongage. the Note and notes sccuring Future Advances. if any, had ao aoakration axurrod; (b) Borrower cures
all breact~es of a~y other coveaanu or asreemeots of eorcower contained ia this Mortpge; (e) Borrower pays all reasonable ~
expensa iacurred by Leader in eaforcing the cove~aqts and a~amems of Borrowe~ eontained ia thi: Mortp~e and iu ~
enforcing l.ender's nmedia aa provided in paragrsph 18 hercof. including. but not limited to. ressonable atWmey's fas: and
(d) Borrower taka such actio~ as l.ender may reasonably requiro to zssure that the lien of this Mortp~e. I.cnda~'t interat ~
in the Property and Borrower i obligation to pay the sums secured by this MoRaage aha1) continue uaimPa~r+od- UPon such
paYment aad c~re by Borrower~ this Mortgage aad the obligatio~u aecurod hereby ~hall remain in fuU tora sad eftect u if ~
0o accekration had occurred. " ~
20. Asi~aseM d Re~b; AppoiNmed ot Rccei~er. As additiooal security hereunder. Borrower het'tb~? usi8ns to :
Lrnder the reMs of the Property. provided that Sorrower shall, prior to aocekration under puasraph 18 hereof or abindo~' ;
ment of the Pmpeny. have the right to collect and rctain such rents as tbey becane due and PaYabk. t
Upon accekration under paragnph 18 hereof or abando~ment of the Pmperty. 1~ender shall b~ e~titied to have a ~
rcceiver appointed by a oourt to enter upon. take poasession of and manage the Property and to colkct the rents of the ;
propeny. including thoae puC due. All rents collected by the receiver shall be applied first to payment of the costs of i
managemeat of the Property a~d collection of rents, including, but not limitcd to, receivers fe~t, premiucm on receiver's
bonds and reasonabk ~ttorney's fea. and then to the sums secured by this Mortgage. 'iLe reoeiver shall be liabk to aocount ~ F
only for those renis actually received. ~
2I. F~re Ad~a~ces. Upon request by Borrower, i.ender. at Lender's option within twenty yeus [rom the date of this
Mongage, may make Futun Advanoes to Borrower_ Such Futurc Advances, with interat theceon, shall be securcd bY this }
Mongage when evideaced by promissory rwtes stating that said nota arte securod hereby. At no time shall the princ~pal ;
amount of the indebtodness secured by this Mortgage. not including sums advanoed in aocordaace liereM+ith to protect the
security of this Mortgage. escad the original amount of the Note plus USS. •••'~~t c '
22. Rekre. Upan payment of all sums secured by this Mortgage. Lender shall nkase this Mortgage huge ~
to Borrower. Borcower shall pay a0 caats of rccordation, if any.
2~, AKorney'a Fees, As used in this Mortgage and in the Note. "attorney's fces" shall include attorney's foes. if any,
which may be awuded by an appellate court.
3
jN WITNESS WHEREOF, Bonower has executed this Mortgage.
~
Signed, sealed and de6vered - '
in the Dresence of: ~ a
, i
- V G(/~'D; ~tt1, .~1. . . . . . . . . . (Seal) ~
,
d row J. Sp zm e r _ 5
. . Irene M.. Spitzmuel e ~ )
STATE OF ~i~~ . . . . . . . . . . . . . . !~1 LNNESOTA . . . . . . . . . . . . . . . ItX~~ ~
. ;
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county ~
afor~aid to take acknowledgcments, personally appeared • • • ~OQS~X~iW . ~ . . Sp ~.tzrnue] ln r. .a ~d . ner?e . N. . . . ~
. SP ~-~z~DUe 17 ~ .b i 5. W.~ f
e........., to me known to be the person(s ) described in aad who ezec~tcd the
j foregoing instrument and acknowledgcd before me that. ..tbey.. ...eaecuted the same for the purpose therein ~
a
! expressed. ~ . '
~
' W~TH~ss my hand and ofTicial seal in the county and state aforesaid this...... 2.2nd ..........day of ~
~ . . . . . . . Jan~wr.y. ~ . . .,~t9.~9.
~ My Commission expiees: ~ - 8.3 . . . . . . . . . . . . . . .
. . .
~ - • - Notary Pub~ie
~ CHERYL M. HOYT
g ~ N01ARY PUBLIC - MINNESO'fA
RAM$EY COUN7Y
Aty Comm~ssion Expires Apr. 6. 1983
i
_ -i
1
~
~ ($p~0e BlIOw ThiS Lirl! RtS~d FM Lllld!/ snd RlCOMeO i
r 7 I
. c-~pi'•~~~ ( ~ d
~ t • ' ya1~Q'1~ '33Li3' MQ~
~ - - - . 05fi£ f£tt~_ ~ ?~~y,l::U ~f ~ ~ ~
~ . . . _~,1~~ ,);~~:ail{:
~
~ 1~~~~ ~~~~"~ti'~ i ~ iV~~::ti;+~.~ ' ~ ,
~
~ . ~ Go ~ ~ .
~ t
~ • , f
~
~
,
~ '
~
_ ~
c~ nc~ ~
~ . Bt;~!c JU~ t7,~E SJJ _ ~
- - - T~~~
_ fi ~.r _ _ . . ~,.~--n