Loading...
HomeMy WebLinkAbout1026 i . prior to entry of a judgment enforcing this Mongage if: (a) Bonower pays Lender all sums which would be then due under this Mo~tgage. the Note aed notes securing Future Adva~ca. if any. had no acceleration occurred; (b) Borrowe~ curea all bracha of any otl~er cove~nts or astrements of Borrowe~ coatained ia this Mortgage; (c) Borrower patys all reasonable expenses incurrcd by I.eader in eoforcing the covenarfts and agrament~ of Borrower contained ia this Mort~age and ia eoforcina Le~der's nmedia as providtd in pangraph 18 hercof, includina, but not limited to. rcasonable attornay's fees: snd (d) Bomower takes such action as l.ender may reasonably rcquire to assure that the liea of this Mort~,a~e. Lender's interest in the Property and Borrower's obligation to p~y the sums securod by this Mortaage shall eondaue w?impaired. Upon such payment and cure by Bomower~ this Mortgage and the obligations secured hereby shall remaia in full force and eJ[ect as if no acceleration had occurred. 20. Aadp~weM ot Red~ A~poi~tseat ot Recei~er. As additional security hereunder. Borrow~r hercby assigns to I.ender tbe rents of the ~ropeny. provided that Homower shaii, prior to accekration unckr puagraph i 8 htr~f ~ abandon- ment of the Property. have the right to colkct and retain :uch rcna u Wey baome due snd payable. Upo~ accekntion under paragnph 18 hereof or abandonment of the PropeRy. I.ender shall be entitkd to have a rcceiver appointed by a court to enter upon. take poasession of and manage the Pmperty and to colkct the rents of the Propeny. including those past due. All renu collcetod by the receiver shall be applied first to payment of the costs of manageme~t of the Property and collection of rents. including, but not limited to. receiver s fas, premiums on receiver's bonds and reuonabk atwroey's fas. and thea to the sums secured by this Mortgaae. 71ie receivsr shall be liabk to account only tor those rcna actualty received. 21. F~tws A~~a~ces. Upon rcquest by Borrower, l.ender. at [_ende~'s option within twenty yesn from the date of this Mortgage. may make Futurc Advances to Borrower. Such Futun Advances, with interest thercon. shall be securcd by this Mortgage when tvideaced by promissory notes stating that said nota are securod hereby. At no time shall the princip~l amount of the indebtedness securod by this Mortgage. not including sums advanced in aocordanoe herewith to protect the security ot this Mortgage. excad the original amount of the Note plus USS. • Z2. Rdease. UpQn paymeat of all sums secured by this Mortgage, i.ender shall releue this Mongage without charge to Borrower. Borrower shaU pay aU coats of recordatan, if any. 23. Attocsey's Fees. As uxd in this Mongage and in the Note, "attomey's fees" shall include attorney's foes. if any. which may be awudod by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered , in the presence of: ? ~ ~ . . . . ~,~~~y. . . . . . . . . . . . . . . . . . . . . . . .1.~:!~:~-. . . . . . . . . . . . . . . . . . . . . . . .cs~~ Frank Bar n -eoro''"" . i~ f. ! . . . . . . . . . . . . . ? . . . :(„1'J~.^. . . . . . . . . Scal) --eomowtr Rheeta Barkman STATE OF F~,. KI~N~GQN: • /~I~Ey SS: I hercby certify that on this day, before me, an officer duly authoriud in the state afocesaid and in the county ~ aforesaid to take acknowledgements, persona~~y appeared. . . Erank .Baeko?an .and. Rh~~.ta .6arkman, . . . . . . . . . . hi.s .wi fe . . . . . . . . . . . . . . . . . . to me known to be the pecson(s) described in and who eaecut~d the j foregciing instrument and aclcnowledged before me that. ..they.......executed the same for the purpose therein ~ expressed. ~ ~ - W~rNESS my hand and otTicial seal in the county and state aforesaid this........~tb .............day of E .........June ....................19..79... ! ~ My Commiss~on ~xp~res: ~ ~ 8 j~ .Q~y~~ • ~ ~ - Notaq Publie ~ ~ ` ~ 3 ~ t ~ ~ (Spsoe BNow This LirN RaKV~d Fw LerW~r snd R~corOer) , ~ • ~~Z~ ~ o5~s voi~o,~ zao~ 449218 3nc~~,~,e ~~,1~J :C? LI L~ ~ ~ JINbdWQ~ 3~Nd2iflSNi ~llll JJ1~JI H~ ~ ~ i9i9 J~~~~ 2s r:, ~r , ~ ~ FiILC ANL ~4.Cl~HJ::1 ~ Si.WCIE CGJNIY.ita• ~ aOGER POYtRAS~ ~ CLERK C~P.CUI ~ C.'.:~ ~ ~ i ~ pEC~RC \cF!F~`~_ ~ r ~ o . . ~ ~ . :ii~~, •q ! ' ~ F 3~~ ~ «1025 ~ ~ ' ~ ~ ~