HomeMy WebLinkAbout2789 prior to entry of a judgment enforcing thi: Mortgage if: (a) Borrower pays Lender all suns which would be rhea due under
thin Mongsge, the Note sad rata securing Future Advanoa, if say, had ao acoeleatiat occurred; (b) Borrower cures
ail breaches of any other covetuat: or agreements of Borrower contained is tha Mortpge; (c) Borrower pays all reasonable
expeasa incurred by Leader is enforcing the coveaagts and agroerneats of Borr~osver ooatained is this Mortpge and is
eatorciag Lender's rernodip as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's tea: and
(d) Borrower.tskes such action a Leader may rcasoaabty require to assure that the flea of this Mortgage, Lender's iatetat
in the Property sad Borroaver's obliption to pay the sua?s secured by this Mortgage shall oontiaue unitapairod. Upon such
payment and cure by Borrower. dta Mortgage and the abliptions secured hereby shall remain is full foroe and effect a: if
no aocderataa had occurred.. - _
2fa. MaigttraeN et Resib= AMeittttaeat of Recelvsr. As additional security her+etrader. Borrower hereby assigns to
Lender the rests of the Property. provided that Borrower shall, prior to aoceknition under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect sad rct:in such rents as they become due and payable.
Upon acoderatioa under paragraph 18 hereof or abandonment of the Pt~operty, Leader shall be entitled to Gave a
receiver appointed by a court to enter upon. take possession of and manage the Property sad to oopect the rents of the
Property, including those past due. All rents rnllxted by the receiver shall be applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, nceiver's fen. premiums on receiver's
bonds and rasouabk attorney's tea. and then to the sums secured by this Mortpge. 'ibe receiver shall be liable to account
only for those real: sctwlty received.
21. >ihtdrre Advaax~a. Upon request by Borrower, lender, at Lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon. shall be secured by this
Mortgage when evidenced by promissory notes stating .that said notes arc secured hereby. At no time stall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in aooordaace herewith to protect the
security of this Mortpge. exceed the original amount of the Note plus. USS -------rr--------r--rr--
Yl. Release. Upga payment of alt sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay a0 costs of r+et:ordation, if any.
23. Attoraef*s Rea. As used in this Mortgage and in the Note, "attorney's fees" shalt include attorney's fees, if any,
which may be awarded by an appellate court.
iN WITNESS WNtattEOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in t resentx of:
• i
~~l.~t.t~f(,f.~ ~ (Seal)
Margo ~ to Nazario -eon'°""
~ - 3 ys7
STATE OF .........PY@rtO. Ri.co ...................(~ttdt~illss:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared...Nargar.i.ta .Nazar.iu, .ao. urunart: ied. vtnmau. .
- . • - • • to me known to be the person(s) described is and.who executed the
foregoing instrument and acknowledged before me that.. she........executed the same for the purpose therein
expressed.
i WtTNSSS my hand and official seal in the county a state aforesaid this.:.... 3. ............day of
February t9 7g
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(Sr+s>a neloMr This Lind R~s~rred For Lsndlr sed R~oorder)
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233 .
'79 FES 26 A~1 ~ ~ ; 30 .
CLEsRiC C'?CL'IT WO:nT
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