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HomeMy WebLinkAbout0804 r ~ i } i , . • _ ~ i prior to entry of a judgment caforcing this Mort~age if: (a) Borrower pays Lende~ sll sums which would be theo due under ~ this Mongage, the Note aad notes securing Futun Advances. if any, had no aoakration occurred: (b) Borrowe~ cura ~ all breaches of any other coveaaau or agraments of Borrower rnntainod ia this Mort~e: (c) Bormwe~ pays all rqsonable P expe~ues incurred by Lender in eaforcing the covenagts and a~roeme~ts of Borrower coatained ia this Mortgage and ia ~ enforcing L.ender's remedies as provided in paragraph 18 hereof. includina. but not limitod to. nuonabk attorney's tas: and (d) Borrower takes such action as Lende~ may reasonably require to assure tlut the lien of this Mottga~e. Lender's interat in the Property and Bornower's obligation to pay the sums securod by this Mortgage shall oontinue unimpaired. Upon such payme~t aad cure by Borrowu. this Mortgage a~d the obligations securod bereby slull remain in fult foroe and eBect ss i[ ~ no acceleration had oocurred. , 20. Asdpo~e~t ot Reab; Appoi~tmeN of Receiver. As additio~d security hercunder, Bormwer hercby assigns to ~ l.ende~ the cents of the Property. pmvided that Bomower shall, prior to accekration unde~ paragraph 18 hereof or abandoa• ? ment of the Pmperty. have the right to collect and retain such re~ts as t6ey becoma due and payabk. ~ Upon acceleratioa under puagnph 18 hereof or abandonment of the Property. Lender shal) be cntitled to have a f rcceiver appointed by a court to enter upon. take poasession of and manage the Property and to colkct the renLc of the Property, including those put due. All rcnts collected by thg reaiver shall be applied Rrst to payment of the costs of management of the Propaty and rnllection.of reots, including, but not limited to. twxiver's foes, premiums on receiver's bonds and reasonabk attorney's fea, and thcn to thc sums securod by this Mortgage. The roceiver shall be liable to account only for those reatt actually reccived. 21. Fqrre Ai~a~cea. Upo~ request by Borrower, I.ender, at Lende~'s option within twenty ytars from the date of this Morigage, may mate Future Advances to Bomower. Such Future Advances. with interest thereo~. shall be secured by this Mongage when evideacod by promissory nota stating that said notes are secured hereby. At no time shall the principal amount of the ir~debtedness socured by this Mortgage. not includin6 sums sdvanced in aooordanoe herewith to protect the } security of this Mortgage, excood the original amount of the Note plus USS•---s:-r.~-rr.-es:r--e:r-~t----- ' 2Z Rdeasa Upan payment of all sums securcd by this Mortgage, Lender shall release t6is Mortgage without charge ~ to Borrower. Bormwer shall pay all costs of recordatan. if any. ~ ~ 23. Attoney's Fees. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's foa, if any. which may be awuded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. _ Signed. sealed and delivered in the presence of: . 1 ? ~ G ~ ~ ~ ~ ,d~, . . s~ .......~c.~......... . ~ ~ ~ Alfre . L. Schubkegel ~ f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .:.~..k:~. . ~~.!~.-u-~: . . . .(se~~ June P. Schubkegel ~ STATE OF ~L~~I1, . . . _ . . . . ! ~ ~.~.RQ I S. . . . . . . . . .~C~ - • - • f : . . . /~(AIA1[~ SS: . .J I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the counry : Alfre Se ubke el and June P Schubke el = 't aforesaid to talce acknowledgcments, personally appeared. . . . ~ h 9. . . . . • . 9 . . . . hi.s .~arife . . . . . . . to me known to be the pecson(s) described in and who executed the ~ foregoing instrument and acknowledged before me that. .~h~y. .executed the same for the purpose therein I ~ expressed. ~ WiTNESS my hand and official seal in the county and state aforesaid this. .........?3~d.. .day of ~ -........ttarth ..................t9.T9.... ~ ~ My com~~p ~p,~: ` v ~r / • 3 ~ t/ ' ~ . ........~`....c:.... ....~,:~r :~.•.k ~ ~ ~s«...?j~~ ~ ~ NohrY Publie ~ ~ .'T'. " + ~ ~ ' '3•~~;~~ ' j • - t i' ~ ~ 'r f _ • ~ . " ; ' " % _ : ; ~ i. i , - ; ~ . _ _ ,fj•.. ..'~S`. _ ; p( L•Ly~ . '~/111.~:~~•... R ;•/I . ~ '(Sp~ce. Y~low TAis Lit~e R~slrw0 For Le~r and R~corOeh ~ ~ ` 05~£ VG~12i01~ '3':~'~?!d 1~0~ ; ~ F ~~I: r':~l ?~COf1D~u 3n~;-r~t! ~7!~`1~:: %~Lc. ~ . E CvUti'+ F~ . JlMyd'J•~0~ 3~;J`J2sil::ti1 ~~lll OJd~IH~ ~ " ! , , ':_i~ ~ 439550 ;I' r '79 A; ~~t~i I i? ' 0 3 ~ ~ 4 3~ ~ ~ ~ i ~ ;1f~.~;='' .'''.N, - ~ CLERK C„~'c':U! i ~ ~'JK- ~ ~ ~ ~ ~ ~ a ~ $U~K 306 P~~~ 803 ~ ~ - _ ry ~ - _ _