HomeMy WebLinkAbout0400 prior to e~try of a judgment enforcing this Mortgage if: (a) Borrower psys Lender all sums which would be then due under
this Mortgage. the Note and ~ota securing Future Advances. if any. had no aoceleration occurred; Ib) Borrower curts
all brcacha of any other oovenaats or agreements of Borrower contained ia this Mortgage; (c) Borrower pays all reasonable
expenses incunod by Leade~ in enforcing the covenagts and agrcements o! Bornower contai~ed in this Mortgage and in
eoforcing Lender's remedies as providcd in paragraph 18 hereof, including, but not limitod to, reasonable attorney's feat: and
(d) BoROwer takes such action as Lender may reasonably rcquirc to assure that the lien of this Mortgage. Ler~der's interGSt
in the Property and Borrower's obligation to pay the sums securcd by this Mortgage ahall oontinue unimpaired. Upon such
payment and cure by Borrower. this Mortgage and the obligations securod hereby shall remain in full force and eftect u i[
no acceleration had occurred.
Z0. A~na~ent of Reatx Appoiatmeat of Recclrer. As additaoal security herounder. Borrower hereby assigns to
l.ender the rents of the Propeny. 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 rents as tLey become due and payable.
Upon acceteration under paragraph 18 heroof or abandonment of the Property. Lender shaU be entitlod to have a,
receiver appointed by a court to enter upon. take possession of and manage the Property and to collect tht rtnts of ttie ~
Property, includi~g those past due. All rents collected by the receiver shall be appliod fint to payment o( the costs of
management of the Property and collection of reats, includi~g, but not limited to. reaive~'s fees. premiums on receiver's ;
bonds and reasonabk attorney's fces. and then to the sums secured by this Mortgage. 'Il~e roceiver shall be liable to account
only for those rents actually received. '
21. Fotnre Ad~aoces. Upon request by Borrower, l~nder, at Lender's option within twenty years from the date of this
Mongage, may make Future Advances to BoROwer. Such Future Advances, with intercst thefeon, shall be securcd by this
Mortgage when evidenced by promissory nota stating that said notes are secured hereby. At no time shall the principal
amount of the indebtodn~ss securcd by this Mortgage. not including sums advanced in accordance hercwit6 to protect the
security of this Mongage. exceed ihe original amount of the Note. plus USS.
22. Rdease. Upan payment of all sums secured by this Mongage. Lender shall releau this Mortgage without chuge
to Borrower. Bortow~er shall pay all costs of recordation. if any.
23. Attoraey's Fees. As used in this Mortgage and in the Note, "attorney's fces" shall i~lude attorney's foa. if any,
which may be awarded by an appellate court.
IN WITHESS WHEREOF, Borrower has cxecuted this Mortgage. ,
i
. Signcd, sealed and delivered
in the presence of: ~
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/ / ~~!V!~. . . . . . . . . . . . . . . . . . . . . . . (Seal)
. . .
N ck Petros ~O'}°""` ~i
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~,~~~lr~:~ . . . . . . . . . . . . . . . . . . . . !~i~,`'1, , . . . . . . . . . . . . . . . . . . . . . . (Seal)
Ma ry ce Pet ros "eorv1M°`
ST~rE oF ~f.6~Erb~~, . . . . . . . . . . . P.~NNSYIYAl~t~A . . . . . . . . . . . . .dddn4~/ ss: L'(%t'(-L -
4y`~~
I I hereby certify that on this day, before me, an ofl5cer duly authorized in the state aforesaid and in the county
! aforesaid to take acknowledgements. personally appeared N1 ck .P6t I'OS. d~d . Mary. .G r.aee. P~tr.os
E . . . . hi.s .~ri fe . . . . . . . . . . . . . . . . . . . . to me known to be the person(s) described in and who executed the
; foregoing instrument and acknowledged before me that. .tbey. .......executed the same for the purpose therein
~ expressed.
~ .
;~Wtr~tFSS tAy hand and official seal in the county and state aforesaid this: .....Lltb. .day of
~ ti~_.E~,~ xay 19.19....
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