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HomeMy WebLinkAbout0571 ~ prior to e,ntry of a judgment enforcing this Mongage it: (a) Bor~ower pays Lende~ all sums which would be then due under Ihis Mo~tgage. the Note and nota securing Future Advances. if any. had no accekation occurted; (b) Borrowve~ cura all breaches of any other covena~ts o~ agreements of Borrowe~ rnntainod in this Mort~aae: (c) Borrowe~ pays all reasonable expensa iocurred by Leoder in mforcina the coveoagts and ajretmenta of Borroae~ oonta~ned in this Mo~tZa~e and ia eoforcing Lender's remediea u pmvidad in paragraph 18 hereof, includins. but not limited to. rcasonabk attorney's [oa: and (d) Bo~rower takes such action u I.ender may reasonably require to assurc that the lien of this Mortgaae, Lendar't iaterest in the Property and Bomower's obligation to pay the sums secured by this MoMgage shall continue unimpaired. Upon such payment aad curc by Bonower, this Mongage and the obligations securcd hereby shall remain ia full toroe aad eRect ss if no acceleration had occurnd. 20. Aa~wa~eM ot Re~ Appoiat~aeM of Receirer. As additional security hereunde~. Borrowe~ hereby assig~s to . I.ende~ the rents of the Pmperty. provided that Borrowe~ shall, prlor to aocekration uoder parsaraph 18 heroof or abandoa- ment ot the Property, have ihe right to rnllect and retain :uch rents u t6ey become due and payabk• Upo~ accekration under paragraph 18 heroof or abandonment of the Fmperty. Lende~.shall be entitkd to have a rcceiver appointed by a court to enter upon. take possession of and manage the Property and to rnlkct the rcnts of tbe Propeny. including tAose past due. All ronts colkcted by the roceiver shall be applied first to payme~t of fl~e coata of management of the Pmperty and collection of rcots, includiog, but not limited to, receiver's foes. premiums on receiver's bo~rds and rcasonabk attorney's tees, and thea to ihe sums socurod by this Mongage. The receiver shall be liable to aocount only for those reats actually roceivod. 21. F~re Ad~a~ces. Upon rcquat by Bormwer, I~ender, at Lender's option withia twenty years from the date of this Martgage. may make Future Advances to Borrower. Such Futurc Advances, with interat thercon. shall be aecurod bY tha Mortgage when evideaced by promissory notes stati~g that said nota are securod hercby. At no time shall the princ~W~ amou~t of the indebtednaa secured by this Mortgage; not including sums advanced in aooordance herewith to protect the security ot this Mortgage. exo~ed the original amount of the Note plus US~. 22. Reka~e. UpQn payment of all sums secured by this Mortgage, Lender shall release t6is Mortgage without chatge to Borrower. Borrowet shall pay all casts o[ recordat'an. i[ any. 23. Attoreey'a Fees. As used in this Mortgage and in the Note, "attorney's foas" shall include attorney's fees. if any, which may be awarded by an appellate court. - IN WITNESS WHEREOF, Borrower has ezecuted this Mortgage. Signed. sealed and delivered - in thc D nce of: _ ~ . . . . . . . . . . . ?'.El. : . . . . . . . . . . . ~ . . ~ . ~tii'~. . ` . . . . . . (Seal) ' ~ ~ Jo F . Co fey • -$O"0M"' ~ - L~ ` . . r . . . . . . . . . . . . . . !2~; . . . . : . . . . . . . . . . . . . . (Seal) - Grace A. Connifey _ ~Of°'"" STATE OF~~~~YN, . . . . . . . . ~ZX.g~I~~a . . . . . . . . . . . . . . . . . .~~1 I hereby certify that on this day, before me, an ofi'icer duly authorized in the state aforesaid and in the county ~ aforesaid to take acknowledgcmenu. pcrsonally appeared. .~Ohtl. . ~Olullf~ey. and .GraCe .A.. . . . . . Gonruf~~r his. .~a.~e. to me known to be the person(s) described in and who euecutod the foregoing instrument and acknowledgcd before me that. ...they. ....cxecuted the same for the purpose therein . eapressed. ' ~ W~rNESS my hand and official seal in the county and state aforesaid this.~. . . . . . . . . . . .11th . . . • .day of ~ . . . ~anua~r . . . . . . . . . . . . . . . 19.79. . ' j My Commission exp~res: ~ ~-t~t ~ 1 ' . . ~ . . _ . ~(~~i.~G~ll:1.~ ~1~~:~ . . ~ ~~_i:- . ~K ~ ; r.:~u~ _ . .,yr ~ri ri ~ ~ , . . ~ ~ ~ ~ 6 . ~ , . ' . . . ~ . ~ Y ~ . t ~ . ~ . . \ (5p~ce B~low This line R~s~rv~d Fw La+der snd R~coroeh ~ 05b££ d412i01~ '3~~i~ld 1L'•O~ _ ?;ltd: ~1tf 3JNda0 LILZ JIN~dNlUJ 3:)Nt/~f1SNl 31111 O~b~IH~ ~ ~ ~ : _ cG . c=;~VORDEt? . ~ ~ ~ = - _ , . ' , • - . . _ ~ ~ 43•~i16 - ~ '79 FEB l~ i!: S1 ~ ~ ~ ~ ~ - : . . . ~ ~ C1~r'; :ii%•:z` . . . ~ ~ ~ ~ . aoaK ~i~ ~ 570 ~ ~ ~ ~ , . - .~~~~,T~-- - ; - - - ~r;~, ~ , ~ _ _ -