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HomeMy WebLinkAbout2678 - .~s ~ prior to entry of a jtdgnteat enforcing this Mortpge if: (a) Borrantrer pays Lender all sums which would be thwr due under this Mortpge, the Note sad recta securing Future Advaatxs. it any. had ao aooderatiort occwred; (b) Borrower taros all bresclles of say other ooveaulb or agresrrtents of Borrower oattained is this Mortpge; (c) Borrower pays all reasoaabk expeases iocurrod by Lender is enforcing the oovecta~ts sad :greerclsats of Borrower ooataiaed is tbu Mortgage and iA enforcing Leader's rartodia ss provided is paagraph 18 hereof, including, but cot limited t0. reasonable attorney's fees; and (d) Borrower takes web sctioa as Leader may roasonably requiro to assays that the lint of the Mortpga, ialdar's interost in the Property a~ld Horrowai's obGption to pay the wens securod by this Mortpge shall oontimre uampaired. Upon payment and cure by Borrower, this Mortpga and the obliptiorls .secured beroby shall temaia is full force and eQect as i no accekratioa had occurred. 21. Aastgtnserct a[ Ren1r. A~opltaseat of Receiver. As additioccal security hat+acader. Borrowsr hereby assigns to Lends the rests of the PropeAy. provided that Borrower shall. prior to sooekration under paragraph 18 hereof or abandon- ment of the Property. have the riglu to collect sad ratairi such rents as they becorrla dos and payable. - Upon aotxkratiou utxkr pangpph 18 hereof or abandonnterlt of the PmpeAy, [ender shall be entitled to have a receiver appointed by a court to enter upon, take possession of and manap tba Property and to collect the rents of the Property, including those past due. All rent: collected by the roaiver shall be applied lint to payment of the costs of managecccatt of the !"roperty and collection of rents. including, but cat limited to, reoeivaPs fees. premiums on r+eceiver's bonds sad nswnabk attonley~s fees, and then to the sums secured by thn Mortgage. 7be reoeiva shall be Gable to account only for those rants acttlallyr received. . 21. Fahre Ai~?a¦eae. Upon request by Borrower. Lander. at I.ender`a option within twenty years fmm the date of this Mortgage, may make Futuro Advances to Borrower. Such Future Advances, with iatensf thereon, shall be secured by the Mortpge when evidenced by promissory notes stating that said notes are second hereby. At ao time :hall the principal amount of the indebtedness secured by the Mortgage, not including sums advanced in aooordaaoe herewith to protect the security of the Mortgage ezeeod the oripnal amount of the Note plus USt. -i----•--------------- 22. Release. Upgn payment of all sums secured by this Mortgage. Leader shall release this Mortpga without charp to Borrower. Borrower shall pay all cosh of recordation. if any. ' I3. Atteney'"s Fees. As used in the Mortgage and in the Note, "attorney's fees" shalt include attornty's fees. if say, which may be awarded by as appellate court. i IN WITNESS WHEREOF, Borrower has executed this Mortpge. Signed, sealed and delivered in the Dresence of: . . , ~r/.. (.v (SCaI) R err J. War• ~ E . ~ ~ (Seal) ! - Helen M. Ward STATE OF Pr~......... Kish ~9an:. ...................b6Gbt~/a:: OA K.tA ~O . I hereby certify that on the day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements. personalty appeared......Roberi. •1....Mlyd. ~nd.Helt:n.11..Mldrdo.... .his .tri ff~ _ to rrle known to be the person(s) described in and who executed the . foregoing ictstrument and acknowledged before me that.. LhF~y........executed the same for the purpose therein expressed. WITNESS my hand and official seal in the county and state aforesaid this l 2 th day of ~ February 1979..... . ~ M Commission ex Y Pte= 111¦ES 1. SI:XIdI - trotuy PoWiq OsWed County. tiliol. • • • • • • • • . is i;;'~, MpConnnissloeExptraluns 4. IP)i •k t t} V ~y f t?- 4 ~ 'J ~ t ~~t ~ e' ~x lsv.ae tl.co.. TAb t.tn. R.a«r.d fa< t~andar and rt.coreao ~~l ~ _ ~ y£E dolao~~ '3~a31d 1>a0~ Fl~~c ~rIG RECORCEO~ 05 ~y 3~Ndvo l.tLt =T. L'.~+r ~t~U~lT`!. i(=~LA.. ),N11dW00 3JN1fat15Nl 31111 OJtl~IH~ g r-:r~^~h 43,ti,1 f 3 . '79 FE6 26 ~+l 8:59 . C~_Ei~K~~~~~~~i:lT.:.~~'~RT E BOOK 3U3 Qac~2f 74 , H - - ~ ~ _