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prior to entry ot a judgment eaforci~= this Mon~age if: (a) Borrower p~ys Leoder all sumt which would be then due under
this Mongasc~ the Note aad nota securina Futuc~e Advances~ it aay~ had ao aaxleration occurrod: Ib) Bocrowe~ cu~es
all breaches of any otber ooveoants or asreements ot Borrower contained ia this Mott~e; (c) Borrowu pays all reasoaable
expensa incurrod by L~eader in enforeing the covenaqts and agraments of Bomo~r ooatained ia tha Mortaaje and in
enforcing Lende~'s rcmedia ss Qrovided in paragraph 18 hercof. including. but nol limited to. reasoaable attom~sy's fas: and
(d) Borrwwer takes auch action as I,ende~ may reasonably require to assure that the lien of thia Mortga~e, Lender'~ iatereat
in the Property aad Borrower': obligatio~ to pay the sums secured by this MoRaaae shaq ooMinue wumpaired. Upon such
payment and cure by Borrower. this Mortgage and the obligatiom securtd hereby :t~all remain ia fuU foroe and eQect ai if
0o accekratan had ocxurred.
20• Aa~t d Re~ A~poiatmest ot ReceWer. As additional security hereunder. Borrow~ hereby usig~s to
I.ender the renta of the Property. provided that Borrowe~ shall, prior to accekration under pua~nph 18 hereof or abandon-
ment of the Pe+operty. have the right to collect and retain such nents as tbey bocoa~e due and payabb.
Upon accelention under puagnph 18 hereof or abandonment of the Prnperty. Lender aliall be entitled to have a
receiver appoioted by a oourt to enter upon. take possession of and manage the Property and to colkct the rcntt of the
Property, including those put due. All rents rnllxted by tha roceiver shall be applied first to payment of the costs of _
managemeM of the Property and rnllcction of rents. including, but not limitod to. receiver's fas. premiums on receiver's
bonds and reasonabk attoraey's fea. and then to the sums secured by this Mortgage. 'Ibe receiver shall be liable to axount
only for thoge ieats actwlly receivod.
21• Ptitore A~soca. Upon request by Borrower, l.ender. at ~ender's option withia twe~ty yeus from the date of this
Mortgage. may make Future Advances to Borrower. Such Future Advances. with iaterat thereon. shall be securod by this
Mortgage when evideoced by promiuory notes stating that said notes are securod hereby. At rw time shall t6e principal
amouot of the indebtedness securod by this Mortgage. not including sums advar~ced i~ aooordanoe herewith to protect the
security of this Mortgage, e~cceed the original amount of the Note plus USt.
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22. Rdwe. Upqn paymeot of all sums socured by this Mortgage. Leader sfiall release this Mortgage without chuge
to Botrower. Borrower shall pay aU costs of rccordation. if any.
23. Adorsey's Feea. As used in this Mortgage and in the Note, "attomey's fee.s" shall include attorney's fees, if any, ,
which may be awardod by an appellate rnurt.
IN WITNESS WHEREOF, Horrowcr has ezccuted this Mortgage.
Signed, sesled and delivered
in ressecncx
. . ~ ~ . . . . . . . ~ . . . . . . . . . . . . oseph S r e 1 ~
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. - ....(Seal)
rgare J. ~Soer ~a
STATE OF ~f~dA~ . . . . . . . . . . . . . . . . . .KENTUCKY . . . . . . . . . . . . .LODAI~? SS:
I hereby certify that on this day, before me, an officer duly authorized ia the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared. ~Q~~Dk~. a•. .~Qg~9e 1, and , Ma rga ret , J;
• • - . Soergel, .t~i s. ~tife . . . . . . . . . . . . to me known to be the person(s) described in and who executod the
foregoing instrument and acknowledgcd before me that. .~heX .......:executed the same for the purpose therein
expressed.
i
i W~TNESS my hand and official seal in the county and state aforesaid this. . . . . . . . ZZR~ . . . . . . . . . . .day of
~ . .Jupe . . . . . : . 19. .7.9 . :
~ , ~y~~/m~i~g~on exp~res: ? /1 Q ~
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~'~,1•. ~ U C~L.~;C~ ,r'': CHtCAG TITLE INSURANCE COFAPANY
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~ _ 2717 ORANGE AVENU~ 50
~ '~~,,,t,;,.;,~+~! FORT PIERCE, FLORIDA 334
~ l5paoe Below This Line Res~rwd FOr Lendlt snd R~tordeh
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