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HomeMy WebLinkAbout1779 r . _ ~ r prior to entry of a judgment enforcing this Mortpge if: (a) Borrower pays Lender all sums which would be then due under this Mortpge, the Note and note securing Future Advances, if any, had no accekration occurred: Ib) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Mortpae; (c) Botzower pays all r~easortable expense: incurred by Lender in enforcing the covenants and agreements of Borro~rer contained is the Mortpp and in enforcing Lender's remedies as provided in paragraph 18 hereof. includinj, but not limited to. reasonable attotney's fees: and (d) Borrower takes such action a: Lendu may reasonably require to as:ura that the lien of this Mortpge, Lender's interest in the Property and Borrower's obliption to pay the sums secured by this Mottpge shall continue unimpaired. Upon such payment and cure by Borrower. this Mortpge and the obliptiotu secured hereby :ball remain in full [once and effect as if no acceleration had occurred. 2A. Aadpwesrl of Rents; Appi.tnrestt 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 rents as ttiey 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 collect the rents of the Property, including those past due. All rents collated by the receiver shall be applied first to payment of the casts of management of the Property and rnllection of rents, including, but not limited to, receiver's fees, premiums on receivers ~ bonds and ressonabk attorney's fees, and then to the sums secured by this Mortgage. 7be receiver shall be liable to account only for those rents actually received. TI. Ftitnre Aivsscts. Upon request by Borrower, Lender. at Lender's option within twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortpge when evidenced by promissory notes stating that said notes arc secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage. not including sums advanced in aooordanoe herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS.. 2Z Rskaae. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coats of recordation. if any. 23. Adorsey's Rees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's foes, if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: ~ ~_".'.,,~!G.~E `~'~~L . !!i : ~ (Seal) -e«raw.. -Ili A.-~ersoy~ Caroline B. Anderson STATE OF MOR1t7A~.. ,Connecticut City ~ ; oy Ili S1 ~ I hereby certify that on this day, before me, an officer dt~~yl ~ytam testate afor d an to county }~n' ~erson ant~aro ire aforesaid to take acknowl ments, personally appeared . Anderson,, his wi~~. , , , , , to me knownr~ 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. ~ _ , WITNESS my hand and official seal in the county and state aforesaid this.........$th....:.:,~.::•:•.~~%~, _ June 19.~~.... ~ '•;c~~.;: My Commission expires: ~ , t G" _ - ` Ow.......... i~;. .~G. MY Commission Expires Mar. ?•,y `~."'v ~ 31.1981 - 1 ~ - (Spice BNow This LiM Rts~rv~0 For t.end~r and R~torder) - - E - i ;919 JU;t t 3 F~ 3~ Q~ f11E0 Rl+U k-CO?cu_u i SLLUClE Cp,IVTY.fLA. ROGER POITRAS ~ yL~ftK CtRCUR LOUR 44`7'755 e~kr 310 ,~a.:c 177?