HomeMy WebLinkAbout1757 ~ _ s''- ~ ~
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pci~ to entry of a judgmeat enforcin~ this Mort~age if: (a) Borrower pays I.ender all sums which would be then due under ~
this Mort~age. the Note aad aota securin~ Future Advartces. iI any. had no aocekratioce occurrcd; (b) Borrower cura
all broachea of any otUer coveaanb or agreenx~ts of Bonvwe~,contained ia this Mortgage; (c) BorroAier pays all nason~ble
expenses incurred by l~~der in enforcing tha covenants and agrcements of Borrower contained in this Mortgage and in
eaforcin` Lender~t remedia at provided in paraaraph 18 hercof. including, but not limited to, reasonaWe attorney'a fees;•and
(d) Bormwer taka such ;ction u Lender may reasonably requirc to assure that the liea of this Mortgage. i.ende~'a interest
in the Property and Borrowe~'s obligation to pay the sums securcd by this Mortgage shall continue unimpaired. Upon sucli;
payment and cure by Borrower, this Mortgage and the obligations secured henby shall remain i~ full fora and effxt as it
no accekntion had occuttod. - -
20. A~ameN of ReM~ Appoi~M~neN ot Receivet. As a~ditional security hereuader, Borrowen c~~cby suigns to
Lender the rents of the Propeny. provided that Borrower shall, prior to acceleration undor paragraph 18 heeeof or abandon- ;
ment of the Property. have the right to coliect and retain such rcnts as they become due and payabk. ~
Upon aceekntion under patagraph 18 hereof or abandonment of the Propcrty, Leader shall be entitled to have a
receiver appointed by a coy~rt to eater upon, take possession of and manage the Property aad to colkct tt~e nnts of the ~
prc~perty. including those put due. All reats coilcrted by the rooeiver s6a11 be appliod Brst to payment of the costs of ,
management of the Pmpeny and collcetion of rents. ~nclud~ng, but not limited to. reaiver
a fees, p~~emiums on receiYer's
bonds a~ ressonabk attomey's fees. and then to the sums socured by this Mortgage. 'IUe receiver shall be liable to account
onty for those re~ts actually received. . ~
21. FotucrAd~aoces. Upon roquest by Borrower. Lender, at Lender's option withia twenty years from the date of this
Mortgage. rrtay make Future Advanca to Borrower. Such Future Advances, with iaterest thereon. shall be secured by this
Mortgage when evidenced by promissory notes stating that said notes are socured hereby. At no time~ shall the principal
amount of the iadebted~xss socured by this Mortgage. not i~cluding sums advanced in accordance hercwith to protcet the ~
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security of this Mortgage. excecd the original amount of the Note plus USS. ~ 2.:a~•.•QQ • • • • • • • • • • • • • • • • -
ZZ. Rdease. Upon payment of all sums secured by this Mortgage. Lender shall nlease this Mortgage without chuge
to Borrower. Borrower shall pay all costs of recordation. if any. ~
23. Altoroey's Ftes. As used in this Mortgage and in the Note. "attorney's fces" shall include attorney's ftes. if any,
which may be awuded by an appellate court. . ~
1N W/ITNESS NIHEREOF, Bonower has execnted this Mortgage. }
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Signed, sealed and delivered ~
in the Dresence of: _ ~
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.~.~~rX~M. . .~i.. . . . . . . . . . . . A'Ibert ~ J~. ~ tanki e . . . . . . . . . . . . . . . . . . . . .
Ni tness -80"'°~"~` t
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? ~ "`"'.~"~-~.~e . . . . . . . . . (Seal) i
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . ' Fle'l~en ~L . ~ Stankie
Wi tness
OHIO ~ Y t
$TATE UF ~K~1~X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~COIIOIy SS: -
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~ I hereby certify that on this day, before me, an otficer dul authorized in the state aforesaid and in the county
~ afores~i¢S ~t~l~e acknowledgements, pcrsonally appeared. A1 belrt, J.., Stank~ e, and ,N~] .St~arki~} .
ni t t to me known to be the person(s) described in and who executed the
t . .
foregoing instrument and aclcnowledged before me that. , they. ,.,,,.executed the samc for the purpose therein
expressed. .
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WITNESS y hand and official se Jn t~9county and state aforesaid this. . . . . . . .p~. . . . . . . . . . .day of
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-n ~x~t4c• dl'(aia~ 4; l~a~ Haar~r Puei~c.
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