HomeMy WebLinkAbout1958 prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances. if any. had no acceleration occurred; (b) Borrower cures
all breaches of any other covenants or agreements of Borrower contained in this Mortgage: (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the rnvenagts and agreements of Borrower tmntained in this Mortgage and in
enforcing Lender i remedies as provided in paragraph 18 hereof, including. but not limited to. reasonable attortrey't fees: and
(d) Borrower takes such action as leader may reasonably require to assure that the lien of this Mortgage. Lender's interest
in the Property sad Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower. this Mortgage and the obligations scoured hereby shall remain in full fora and effect as it
no acceleration had occurred.
20. AssigsseN of Rtwts; AppoiMmeat of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property. have the right to collect and retain such rents as they become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to have a
receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the
Property, including those past due. All rents collected 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, receivers fees, premiums on receiver's
bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. 7~e receiver shall be liable to account
only for those Hots actually received.
21. Future Advances. 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 are secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accorda_nc_e herewith to__pro_tec_t_t_he_
security of this Mortgage, exceed the original amount of the Note plus USS.___-_____-~~
22. Reflalse. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU costs of recordation, if any.
23. Attorsey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's foes, if any,
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
th S onkas Carmine J . Mar i - -eoriO'"'E'
I4.. .....................................(Seal) -
l?rincella Hunter ~Or~DMfor
STATE OF ~~~1,(~jll/.......... Connt:c t i cut . ...........Qp~ftf~/ ss:
i I hereby certify that on this day, before roc, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared..... Caero i ne. J... J7ar i no.,..an . uptnarr ied . roan. .
. to me known to be the person(s) described in and who executed the
foregoing irtstrument and acknowledged before me that.... he.. - .....executed the same for the purpose therein
~ expressed.
~ WITNESS my hand and official seal~in the count~~ and state afor this..... ..ilth............day of
March 19.19....
e /
My Commission expires: - f / /
1 ~ _ ts..U ~ - a / ~ ~ noon ~IiC
~ ~ Robert J. Russo
- ~ / -
-
- 1 `
n~
(Space Below This Line Reserved For Lender and Recorder)
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- i ".U~:TY, FI_,`: 3f1!.~:,hV ~E:':~' 0 LI_'
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