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HomeMy WebLinkAbout0166 ~ ~ , . 1 ~ l prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sutm which would be then due under this Mortgage, the Note and notes securing Futurc Advances, if any. had no acceleration occurred; (b) Bonower curcs all breaches of any other rnvenants or agrcements ot Borrower contained in this Mortgage; (c) Borrower pays ail reasonable expensa incurrcd by Leader in enforcing the covenaqts and a~amenis of Borrower oontained in this Mortgage and in enforcing I.ender's rcmedies as provided in paragraph 18 Aercof. including, but not limited to, rcssonable attorney's fees; and (d) Borrower taka such action as l.ender may reasonably require to assurc that the lien oi this Mo~tgage. Lender's interest in the Property ar~d Bornower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such payment and cuee by Borrower, this Mortgage and the obligations secured hereby shall rcmain in full force and effect as it no acceleration had occurred. 20. Assiaaiaent of Reafr, Appolatment ot Recelver. As additional sccurity hereunder. Borrower hereby assigns to Lendet the rcnts of the Property, provided that Borrowe~ shall, prior to accekration under paragraph 18 hereof or abandon- ; ment of the Property. have tlx right to collect and retain such rents u Wey bocome due and payabk. Upon acceleration u~de~ parag~aph 18 hereof or abandonment of the Property. I.ender shall be entitled to have a ~ receiver appointed by a court to enter upon. take possession ot and maoage the Property and to collect the re~ts of the ~ Propetty, including thosc past due. All rents collected by 1he receiver shall be applied first to payment of the coats of management of the Property and collection of rents, including, but not limited to. receiver's fas. premiums on receiver s bonds and reuonable attorney's kes, and then to the sums secured by this Mortgage. The roceive~ shall be liable to account only for those rcnls actually received. , 21. Fotyre Advaecea. Upon request by Borrower, l.ender, at Lender's option within twenty years from the date of this Mortgage, may make Future Advances to Bomower. Such Future Advances. with intercst theroon. shall be secured by this . Mortgage when evidenctd by pmmissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtodness secured by this Mongage, not including sums advanued i~ aooordanoe herewith to protect the security of this Mortgage, ex.xed the original amount of the Note plus USS. 22. Rdease. Upan payment of all sums secured by this Mortgage, Lender shall release this Moctgage without char~e ' to Borrower. Borrower shall pay all costs of recordation, if any. 23. Attoraey's Feta. As used in this Mortgage and in the Note, "attor~ey's fces" shall include attomey's fces. if any. which may be awanied by an appeUate court. ~ IN WITNESS WHEREOF. Borrower has ezecuted this Mortgage. Signed, sealed and delivered in the presence of: ' ' . . . . . . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A1deo D. Daigle ~ -eOf}O1N" . . . : o..~ r~,.~.~.~..-.~. . ~~..r.~,. . . . . . . . .~'~F-!~X . . . . . . . . . . . . . . . . . . . . . . (seal) ~ ~ Azella Daigle ~OfO~ Sr~TE oF F~o~un~ . . . . . . . . . . . . .St . • Luc•ie • • - - • . . . . . . . . . .County ss: 1 hereby certify that on this day, before me, an officer duly authoriud in the state afotesaid and in the county aforesaid to take acknowledgements, pcrsonally appeared EU deo . 0.. Da i.g t e. and Aze 11 a. A~a ig 1 e, ! h.is .w i f e . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the petson(s) described in and who eaecuted the I foregoing instrument and acknowledged before me that. they.. ...executcd the same for the purpose ther+ein expressed. i ~ W~TNESS my hand and off'icial seal in the county and state aforesaid this. ..l9tb .day of ~ .....Apci.1 19.79.... i My Commission eapires: EI~//~~~ /jn/~ F . . . . . . i r! . . • . . . . . • . . • . . . . . . . . . . . i ISeall Notary Public ~ ~ . . E J~ ~ • _ i - • ~ 'r , " ~ ~ _ • ~ ' • ~ ~ ///`~~CJ • /~V ~ , ~ " ' , ~ r _ . $ - : _ ISpsce Below This Line Reserved FOt lender anG Reconfeq / ~ ` ' . ~ ~ - ! / ~ o5t?~~ doiao~~ '?~2~31d 1a0~ ~ aii~~=~~ 3~`v`S~J LILZ ~ J~Pidd'l~~C~ 3~Ntlt~flSN{ 3lltl OJd~~H~ 3 1919 NAY -2 p~y ~ zp ; 9~ POI~RAS~~ - ~ t~..EAK CfRqtR C T ~ RE~~O YFRlf tEA - i f ~ ~ 4~29~~ oR _ gocK308 ~c~ . . „ ~ s ~ . : _ w-: