HomeMy WebLinkAbout1198 . . . 1 . . .
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priot to e~try of a judgment eaforcina thi: Mortpge it: (a) Botrower pays Lende~ all sums which would be then due w~der
thu Mort~age, t1k Nae and ~ote.s ~curin~ Future Advanca. if aay. had no aooekration occu~red; (b) Borro~ver euns
all breacha of any otlier coveoants o~ aaroementt ot Bormwer consainod in this Monpse: (c) Borrowe~ pays all rea3onable
expenses incurred by Ltoder in eaforcing the oove~agts and a~reemeats ot Borr~o~rer oontained in this Mohgsge snd it~ ,
e~forcing Lender': remodia as pmvided in para~raph lg hzreof, includinj. but not limitod to. teawnabk attorney's foa; and .
(d) Borrowe~ taka auch action as 1,~nder may reasonably requiro to a:surc that the lien of this Mortta~e, I.ender's intcrat
in the Propetty sad Borrower's obligation to psy the sums securcd by this Mortgage ~all continue unimpiired. Upon such
payment a~ cun by Bomower~ this Mort~age and the obligatioas secured bet+eby shall remain in full fora and effect u if
no aoceleratioe h~d occurred.
Z0. A~d~ueN o[ Reatr Ap~oi~tseN of Rscel~er. As additional security herounder. Borrower hercby aaigns to
L.ender tbe rents of the Property, pr+ovidod that Borrower shall. prior to sccekntion under parsaraph 18 hereof or abandon-
me~t of tl~e Pr+operty. have the right to collect sad retain :uch ronts as t6ey booame due and payable.
Upon acoekratioa w~der paragraph 18 hereof or abandonment of the Property. L.ende~ shaq be entitled to have a
roceiver appointed by a eourt to enter upon. take poasession of and manage the Property and to colkct the renb of the
Pmperty, includins thoae psst due. All rents collected by the reaiver shail be applied flrst to payment of tht coats of
maaagemeat oi the Prop~rty and cotlection of rents, including, but ~t limitod to, reoeiver's fas. premiums on receiver's
bonds and reasonabk attoraey'a fees. and theA to the sums secured by this Mortgage. The ceceiver shall be liable to aocou~t
only for those rents actually reaived.
21. F~e Ai~a~e~s. Upon request by Borrower. Lender. at Lende~'s option withia twenry yeus from the date of this
Mortgage. may make Futue~e Advartces to Borrower. Such Futuro Advanoes, with interest thercon. shall be secured by this ~
Mortgage when evideoced by promiuory nota stating that said notes arc secured hercby. At no time shall the principal
amouat of the indebtodaess secured by this Mortgage. rwt including sums advancod in aooordanoe hecewith to protcct the
securiry of tha Mongage, exceed the original amount of the Note plus USS.
22. Rdare. UpQa paymeat of all swns socured by this Mongage. Lender shall nelease t6is Mortgage without charge
to Borrorver. Borrower sliall pay all caatc of recordat'an. if any.
23. Attor~ep's Fas. As used in this Mortgagc and in the Nwe. "attorney's [oa" shall include attorney's fces, if any,
which may be awudod by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgagc.
Signed, sealed and delivered
in the Dresence of:
. . . . . . . . . . . . . . . . . . . . . J. . . . . . . .i!`• ";'t". . . . . . . . . . . . . . .(Seal)
~ ~ ~ Kwan Eun Ki m ~o~.ow•.
. . J .(Seal
. . )
Jung Sun Kim -eo??ow..
STATE OF F~, . . . . . . . . . . . PENNSYLVAN.IA . . . . . . . . . . . . . . .ddddfy ss:
I hereby certify that on this day, before me. an ofi'icer duly authorized in the state aforesaid and in the county
aforesaid to takc acknowledgcments, personally appearcd . . . . Kwan .~u~ . Ki m .aod . Jung .Suo . K.~ m,. . . . . . . . .
• • • • #~i•s •wi fe• • • • • • • • • - • • • • • • • • • • • • ~o me known to be the person(s) described in and who executed the
foregoing inslrument and acknowledgcd befon me that. ...the~. ...executed the same for the purpose therein
~ expressed.
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~ W~TrtESS my hand and official seal in the county and state aforesaid this. . . . . . . . . .20th. . . _ . . . . . .day of
' . . . . . . . . . . . Jun~ . . . . . . . . . . i9.7.9 . .
~ WALTR 1(ALUSZ
~ My Coalmission expire~t~"~ ~''~~•`c. ~'jla, Phila Co.
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