HomeMy WebLinkAbout0161 prior to entry of a judgment enforcing this Mortgage it: la) Borrower pays Le~der all sums which would be then due under
this Mortgage, the Note a~d notes securing Future Advaoca, if any. had no aaeleration occurred; Ib) Borrower cura
all breaches of a~y other covenants or agreements ot Borrawer contained in this Mongage; (c) Borrower pays all reasonable
ex{xnsa incuned by Lec~der in enforcing the cove~qts a~d a~eements of Borrower contained in this Mortgage ar~d in
enforcing Lender's remedia as provided in paragraph 18 hercof, includinj, but not limited to, reasonabie attorney's toes; and
(d) Borrower lakes such action as Lender may rcasonably rcquire to assurc that the lien of this Mortgage. Le~der's in~erest
in the Property and Borrower's obligation to pay the sums securcd by this Mortsage shall onntinue unimpaired. Upon such
payment and cure by Borrowe~. this Mortgage and the obligations securod hereby shall rcmain in tull force and eBect as i(
no acceleration had occurrcd.
20. Assi~amenl ot Reotx Appolatmeat ot Recelrer. As additional security hercunder. Borrower hereby assigns to
I.ender the rc~ts of the Propeny, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Ptoperty, have the right to collect and retaio such re~ts u tbey becoene due and payabk.
Upon acceleration under paragraph 18 hrreof or abandonment of the Pmperty. Lender shali be entitled to have a
receiver appointed by a court to enter upoo, take possession of and manage the Property and to colket the rents of the
Property, including thoae past due. All rcnts collectod by ~he rcceiver shall be appliod Brst to payment of the costs oi
management of the Pmpcrty and collection of rents, including, but not limited to. receiver's fees, premiums on receiver i +
bonds and reuo~abk attorney's fees, and then to the sums socured by this Mortgage. The raeiver shall be liable to account
only for those rents actually received.
21. ~tare Ad~aacea. Upon request by Borrower, I.ender, at ~ender's option within twenty years fmm the date of this
blortgage, may make Future Advances to Borrower. Such Futurc Advances, with interest thereon. shall be securcd by this
Mortgage when evidenced by promissory notes stating that said oota arc socured hereby. At no tirtx shall the principal
amount of the indebttdness socured by this Mortgage, not including sums advanced in accordaace herewith to protect the
security ot this Mortgage. exceed the original amount of the Note plus USS. •
22. Rdea~e. Upcm payment of all sums securcd by this Mortgage. l.ender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any. .
23. Atlorney's Fees. hs uscd in this Mortgage and ~n the Note. "attorney's feas" shall include attorney's fees. if any,
which may be awudecl by an appellate court.
IN WITNESS WHEREOF, Borrower has executecl this Mortgage. '
9
Signed, sealcd and delivered
in thc prescnce of: i
,
` . . . . . . ~ . . . . . . . . 7jani' ~a . . . . . . . . . . . . . . . . . .
.-e(~~:
C. . . . . . . . . . • - - . . . . . . . . . . 4 / , ~ ~ . : . . . . . . . . (Seal)
ld'reci ~,o,,,,..
STATE OF~HWRIpA, . . . . . . . . . P~'~T. YORK . . . . . . . . . . . . . . . . . . . . . ~~C01~ SS:
I hereby certify that on this day, b~;fore~me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgcmcnts, pc:rsonally appearcd. Daniel Savini, and ,Mildred .Savini x his,
,
.tor~~'e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the
i foregoing instrumcnt and acknowledg~d before me that. ..they, ,,,,_.eaecuted the same for the purpose therein -
eapressed.
I 3 ~ . . . . . . day of
W~Trtess my hand and official scal in the county and state aforesaid this. .
E . . January . . . . . . . . . . . . . . . . . . . . . ~9.Z9 . .
` d
? My Commission exp~res: ~
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~ • Comm~ss:on CxD~~~s March 30. 1980
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