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HomeMy WebLinkAbout2195 f i. ~ ` s 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 Lander in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies ss provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees: and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest in the Property and 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 secured hereby shall remain in full force and effect as if no aocekration had occurred. 20. Aadgameat o[ Reatr, Appoletmeat 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 rants 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 rnlkct 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 rcnu, including, but not limited to, receiver's fees. premiums on receiver's bonds and reasonabk attorney's fees. and then to the sums secured by this Mortgage. 'Ilte receiver shall bt liable to account only for those rents actually received. 21. Future Advstxa. Upon request by Borrower, Lender, at Lender's option within twenty yeah from the date of this Mortgage, may make 1ltture 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 accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS • • • • - • • • • • • • • • • • • • • 22. Rektre. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge , to Borrower. Borrower shall pay all costs of recordatron, if any. 23. Attoreey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's Pets, if any, which may bt awudcd by an appellate court. t , IN WITNESS WHEREOF, Borrower has executed this Mortgage. f Signed, sealed and delivered in the presence of ~ _ Seal T RANDOLP H. NETTI c ~ ! (seal) -B,r,vw.r STATE OF i,a?!!SAC LT ~ ~Y~Q~a+x..OUllty SS: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared • ~ • ~~~T~ • • • - • • , , , , , • • , . • • , • • . • . • to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that exectted the same for the purpose therein expressed. _ t ESS my hand and ofFicial seal in the county and state aforesaid this........ ...........day of ....................19..79... My Comtntsston expires: (n ~ ~ S~ .~-..1 !~,~I.LX: C.I..cV~`Y~ . r ~ i tSaaO Notary Public E ~ . f E - • ~ ! D; S 3 F yi _ (Space Below This Line Reserved For Lender and Recorder) S - ! i z l9i9 ~ 7 I ~ 1;t; = I: 41 FILt:O AM k!-Ct~dBf D s~CO1MFxFl:C.. ~fMCItC Ai ~S //11 - RECCItD VERg'JEC c.r.E.~ f 4442`79 ff - C. Plcrris Titan, P. A. b Rr P Cf 2195 F•:'~ -r;ey ut ~uv/ 30~ .3U8 A _ ~~5 . Je-~~~ . - ~ ~ ~ - t