Loading...
HomeMy WebLinkAbout2705 ~ ..l ! 1 prior to entry of a judgmatt enforcing tha Mortgage if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes securing Future AdvancYS, if any, hsd no acakratiort occurred: (b) Borrower curs all breacba of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reawnable expenses incurred by Lender in enforcing the oovenagta and agreements of Borrower contained in ~ tha Mortgage and is enforcing Lender's remedies as provided in paragraph 18 hereof. including, but not limited to, reasonabls attorney's tea; and (d) Borrower takes such action as Lender may reasonably requiro to assure that the liar of tha Mortpge, Lender's iaterat in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such payment sect cure by Borrower, this Mortgage and the obligations secured hereby shall remain in fuU force and effect as if no acceleration bad occurred. 21. Assipusettt op ReMR AppolNaseN d Recslver. As sdditional security hereunder. Borrowu hereby assigns to Leader the rents of the Property, provided that Borrower shall. prior to aoakration under paragrsph 18 hereof a abandon- ment of the Property. have the right to collect snd retain such reob as tbay becane dus and payable. Upon acoelention under paragraph 18 hereof or abandonment of the Property, Lender sbaU 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 collation of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney': fees. and then to the sums sauced by this Mortgage. The receiver shall be liable to account only for those rent: actually received. 21. Fsriae Advastees. Upon request by Borrower, Lender, at Lender's option within twenty yeah 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 promiuory notes stating that said notes are sauced hereby. At no time shall the principal amount of the indebtedness sauced by this Mortgage, not including sums advanced in aooordanee herewith to protect the saurity of this Mortpge. exceed thr original amount of the Note plus USS... 22. Relislse. Upon payment of a!1 sums sauced by this Mortgage. Lender shall ukase this Mortgage without charge to Borrower. Borrower shall pay all coats of raordatan. if any. 23. Attorsey'a Fees. As used in this Mortgage and in the Note. "attorney's [oa" shall include attorney's foes. if say, which may be awarded by an appellate court. iN WITNESS WHEREOF, Borrower has cxecuted this Mortgage. i Signed, sealed and delivered in the Drrscnce of: ^ Phillip- ~ . Ht~rri3 -aomow.* J ,hl/i/s~~/M. Hts~ris •-8«~« STATE OF I~t~q, I~+SSA~l~FiT~'S .................t<-PR*H!~ sa: 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....Pb~1~3,>? .&..$t~"F~.S .tom. Phyta.li.S. M.. H8»'is, ...hiS. xiYe....... to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that.. they.......executed the same for the purpose therein expressed. 'i ~ WITNESS my hand and otFicial scat in the county and state aforesaid this....... 23~ ............day of Mach 19.7 My Commission exprres: / /1LG~~.O 1 ~f [ LPL- Nobry . i ` tic. _ _ _ a~ - _ e ~ ,i` (Space Below This line Rasarwd a r.a and Rawrdaq . = • ~ '2°~ os~l• valao~~ '3~a31d lao~ ~nnl_ ne ~~~~r<~o ~ t c~ fly . liLl OJb"?IH~ 4 Ff!_" s tO ,1J nor , .'3U':TY, F.A. . 440'83 'T9 AFR 16 AM I~? : 4s ~ r~,r.-r: v qi~ V - ~ i ~ - UR goflx 306 ~~2701 _ = - {