HomeMy WebLinkAbout1034 t -
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prior to entry of a judgmo~l enforci~g this Mort~age if: (a) Borrower pays Lender all sums which would be then due under '
this MoMgage. the Note and notea a~curing Future Adva~cac. if any, had Ao accelentan occurrod: (b) Borrower cures '
ail breaches of any othe~ coveaants or agreements o[ Borrower contained in this Mortgages: (c) Horrowe~ pays all reasonable
~ expenses incumed by I.ender in eaforcing the rnvena~ts and agreements of Borro~wer contained in this Mortgage and in
e~forciag Le~der's remedia ~ provided in paragraph 18 hercof. includ:ng, but not limited to. reasonable attorney's tees: ind ~
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(d) Borrower takes sucfi action as Lende~ may reasons~bly require to assurc that the lie~ of this Mortgage. Leade~'s interest
in the Property aad Bomowe~'s obligation to pay the sums securcd by this Morigage shap continue uaimpaired. Upoa auch ~
payment a~d cure by Bomower, this Mortgage and the obligations secured hereby shall remain in full force aad effxt as if
no accektation had occurred.
20. AsdpouN ot Reotfi Appoid~seat ot Receiver. As ad~iitional security .her+eunder. Borrowe~ hereby assigns to -
Lender the rents of the PropeKy. provided that Borruwer shall, prior to xcceleration under pusgnph 18 hereof o~ abandon- ~
ment of the Pwperty, have .the right to colloci and rctain such rents ac t6ey become due aad payabk. i
Upon aoakntion under paragnph 18 heroof or abandonment ot the Property. Le~der shall be entitlod to have a
receiver appointed by a court to e~ter upon, take poa.xssion of and manage the Property and to collect the rents of the
Property. including those put due. All rents collccted by the roceiver shall be applied first to payment of th~ coats of `
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management of the Propeny and collectio~ of reots, including, but not limited to. receiver's feas. premiums on receiver
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bonds and reasonabk attorney's fea, and th~n to the sums secured by this Mortgage. The receiver shall be liable to account ;
only for those reats actually nceived. ~
21. R~re Ad~a~ca. Upon rcquest by Borrower, Lender. at l.ender's option within twenty yeacs from the date of this ;
Mongage. may make Future Advances to Borrower. Such Futurc Advances, with interat therean, shall be socured by this
Mortgage when evideaood by pmmissory notes stating that said notes are secured hereby. At no time shall the principal
amount of the indebtodness socured by this Mortgage, nW including sums advanced in aocordance herewith to protect the
security of this Mortgage. exooed the original amou~t of thc Note plus USS. ~
22. Rdeaee. Upqn paymeat of all sums secured by this Mongage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordatio~. if any.
23. Attonep's Fees. As uscd in this Mongage and in the Note, "attorney's feu" shalt include attorney's fces, if any,
which may be awudod by an appellate court.
IN WITNESS WHEREOF, Borrower haz executed this Mortgage.
Signed. sealed and delivered
in the D«sence of:
J, , i~i~ - ~;/l ~ ~
....M.~A.~ Fiorillo .........-e«~~
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~B~ ara J. Fiori l lo -so.~~
STATE OF ~r~A, . . . . . . . . . I LL I NO I S . . . . . . . . . . . . . . . . . . . . . .~6i~di;l SS: -
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t hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county ~
aforesaid to take acknowledgements, personally appeared . M. . A, _ F i or i 1 10, and , Barba ra F i or i~ 1 Q,,, ~
, , , h i s, w i f e , , , , , , , , , , , , , , , , , , , , , , , , , to me known to be the person (s ) described in and who executed the ~
focegoing instrument and acknowledged before me that they .,.,,,_..executed the same for the purpose therein J
eapressed.
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W~TrtESS my hand and official seal in the county and state aforesaid this. .~Qth. .day of ;
~ ...........Juoe ..................19..Z9... .
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