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HomeMy WebLinkAbout2699 r r E 1;. ~ ~ prior to entry of a judgment enforcing this Mortpge i[: (a) Borrower pays [.ender all sums which would be then due under this Mortpge. the Note and notes securing Futuro Advancss, it gay, bad ao acceleration occurred; Ib) Borrower cures all breaches of an other ooveaaats or a rtpge; (c) Borrower pays all reasonsbly ! Y greemeats of Borrower contained is this Mo expenses incurred by Leader is entorciag the oovenagts and agroements of Borrower contained is tba Mortpge and in enforcing Lender': remedies as provided in paragraph 18 hereof, including, but not limited to, rea:ortabb attorney': fees; and (d) Borrowu takes such action as leader may reasonably require to assure that the lien of this Mortpg0. Lender's interest in the Property and Borrower's obliption to pay the sums secured by this MoriPBe shall continue unimpaired. Upoa such payment and cure by Borrower, this Mortgage and the obligation: secured hereby shall remain is fuU [ores and eBect as if no aceekratioa had oocuned. 21. Assipsitesk of Res+Ip AploiNweN 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- i ment of the Property. have the right to collect and retain such rents as they beoane due gad payable. Upon acceleration under paragraph 18 hereof or abandonment of the Properly. Lender ahaU be entitled to have a • roceiver appointed by a court to enter upon, take possession of and manage the Property gad to collect the rents of the Property, including those peat due. All rents collated by the receiver shall be applied first to payment of the costs of management of the Property gad collection of rents, including, but not limited to. receiver's teas, premiums on receiver's bonds gad reasonable attorney': fees. and then to the sums sxured by this Mortgage. The receiver shall be liable to account i Dory [or those n~tb actually received. i 21. Ihtare Atlvasices. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this Mortpge, may make Future Advaneea 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 accordance berewit6 to protect the security of this Mortpge, exceed the original amount of the Note plus USS • - :s-r-- 22. Release. Upga payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay cep costs of recordation, if any. 23. ARorsey's Rees. Ace used in this Mortgage and in the' Note, "attorney's foes" shall include attorney's fees, if gay. which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delive in the presence of: N~~rfJ n F . hltt i teman -eOf°""' Verna H. hilt i tetnan --e«ro.~r STATE OF Vl~~~~ CANAaA - - . Jl.~W~L ~..~~Yy Ss: 1 hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county a[oresaid to take acknowledgements, personally appeared.. Narman.F..1,Ih~tQatar>• and •Verna •H, •hlhitetnan, ....h 15. W~ f~ to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that.. Lhey:.......executed the same for the purpose therein expttssed. WtTttBss m~ hand and official seal in the co and state aforesaid this.......... 28.t~ .........day of .Harcb..~.: --s 19.7. ~_.V a ~ O i ~ E ' 1 ~ ttt~l ..Y a ~ ~ • is • 4 € - s ~ ti' . n0 t - r . ~ •t ~Ooo ~'Y/~ ~ l i ~ _ (Sp~c~e BNow This Lir» R~s~rvrd For Lsrld~r sod Rs+ooraa) ? pStrE£ dalbOlj '3~a31d 1230 ~'~E~ ~FCORQED ANbdDVO~ 3.:wv~~ii~,~f ;1111_ CJd~IH~ , 1 ~ IpQ ~ 79 aPR 16 AM 10 : 4 8 i t ~ • BOOKJ~u PAGE(.V95 fEq F 3 ti et - t.