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HomeMy WebLinkAbout0164 prior to cntry of a judgment caforcing this Mortgage if: (a) Borrower pa~ i.ende~ all surtn which would be then due under this Mortgage. the Note suid notes securing Future Advanca. if aay. Md no aoaleration occurred; (b) Borcower cura all breaches of any other ooveaants or agraments ot Borrower contained ia this Mort~e; (c) Borrowe~ pays all reasonable expensas iacurced by Leade~ in eatorcing the covenaqts and agreements ot Borrower containod in this Mongage and in enforcing Lender i remedia as provided i~ pangraph 18 heroot; includin=. but not limited to. reuonabk attorney's tea: and (d) Borrower taka such action as Lender may reasonably require to asture that the liea of this Mortg,ase. Leader'a iaterat in /he Property and Botrower's obligation to pzy the sums securod by this Mortgag~e shall continue uaimWairod. Upon such payment and cure by Horrowu. this Mortgage and the obligations secured hereby ahall remain in full fora aad eRect u if no acceleratan had occurred. 20. AadpseN ot Re~ Appolslo~ent ot Recelver. As additional security hereunder. Borrower hercby assig~s to . l.ender the re~ts of the Property. provided that Borrowe~ shall, prior to acceteration under puagraph 18 heroof or abandon- ment of the Pooperty. have the right to collect and rctain such rrnts ss tLey become due and payable. Upon accelention under paragnph 18 hereof or abandonment of the Pmperty. I~ender shall be entitlod to have a rcceiver appointod by a oouK to enter upon, take possession of and manage the Propecty and to colkct the rents of the Property, including those past due. All rents collected by the receiver shall be applied first to payment of the coats of management of the Property and collection of rcots, including, but not limited to. receiver i fees. premiums on receiver's bonds and reasonab~e attorney's fces, and then to thc sums secured by this Mortgage. The receive~ shall be liable to account only for those rents actually reaived. . 21. F~1nre Ad~asch. Upon requcst by Borr~wer, 1_ender, at Lenders option within twenty yeus from the date of this Mortgage, may make Future Advances to Borrower. Such Futuro Advances, with intercst thereon, shall be secured by this Mongage when evideoced by promissory nota stating that said nota are secured hereby. At no time sball the principal amount of the indebtodness secured by this Mongage, rwt includina sums advanoed in aocordance herewith to protoct the security oE this Mortgage, eaceed the original amount of the Note plus USS. 22. Rdeasa Upc~n payment of all sums secured by this Mortgage. Lender shall reksse this MortgaEte without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. Atto~ey's Fees. As used in this Mongage and in the Note. "attomey's fees" shat! inclu~ attornsy's fces, if any. which may be awudod by an appellate court. IN WITNESS WHEREOF, Borrawcr has cxecueed chis Mortgage. Signed, sealed and delivered in the presence of: ~ . . . . . . . . : . . . . . . . . . . . . . . (Seal) l4^. ~ ~ ~wrower ~ Ch r e R.~ Donovan . . . . . . . . . . . . . ' . . . . . ~J'i v. : ~ . .(Seal~ Vir inia B. Donovan ~ $ TE OF ~l~(~d1 . . . . . . . . . . . . . . . M.I CJi IGAt~. . . . . _ . . `~!.r.+6~il~l SS: ~I • i I hereby certify that on this day, before me, an ofi'icer duly authorized in the state aforesaid and in the county ; aforesaid to take acknowledgements, personally appeared. Cha~ley.R...QO~oYdli.a~d.Y3rgioia. 8......... ~ .Donovan.,. .h i s . ~vi fa . . . . . . . . . . . . . . . to me known to be the person(s) described in and who eaecuted the i foregoing instrument and acicnowledged before me that. ..they .....eaecuted the same for t6e purpose ther~ein ! eapressed. _ - ~ W~Tt~tESS my hand and officia! seal in the county and state aforesaid this. . . . .1 1 th . . . . . . . . . . . . . .day of ~ .r~,~q;, - . .hlay. . . . . . . . . . . . . . t9. ~g . ' i~~:= ~ ' ~ E _ ~ I~P.Ip1IES: jay`~i ~ ~ ~ J. y . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~ ' ~ ~ `f: , Ke~sy ~,eiK , - ~ f:~ ;~r`~ .~g gd . ~ , ~ ~ ~ -.~',~71~'~s~ . ~ - • ~ ~ R ~ ~ (Saite Bebw TAis lin~ RtlNVed For Lendtr snd RetolOeh ~ . ~ DSt~££ 110ft~~~~ '3`~~~~d laC~ ~(?tJ~i~`! 3::?itf L i~:; ; ANKdL"!~~ j:ii~VC(i :'~i ~il! il O~~~IF;~ t ~ ~ ~ ~3T9 JU~1 -5 1~l~ ~ ~ ~ 53 i 1LEC J?itC !ttCtik' i~ ~ ~.lilCEE ~OWM Y.~LA. ~ R06E~~POITf4A~'s ~i( ~1RCdlLTst1~~ ~ s ~ H£~Ot'D. YcTtF'~~.? ti= ~ 446'752 ~ ~ ~ . 30Gx 3~:0 ~~~F ~ ~.64 ~ . ~ • .