HomeMy WebLinkAbout2261 3
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prior to eatry oI a jud~r~nt e~forcin~ this Mort~a~e if: (a) Borrawer pari Leader alt waa which would be tl~ due uakr
chi~ Mo~e~ tha Note aod nota secu~int Future Advanoa. ii any. had ao aooelentioa oocurred: (b) Botrowe* cura ~
all breacl~es of any other covenaats or ap~eanentt of Borm~wer oontainod ia this Mortp~a: (c) 8orrowu pays all rwonable
eacpensa~iacurred by I~eader ia eaforcins the oovenaqts and asreernenb ot Bon~o*ra coatained ia this Mortp,e snd ia ~
eaforeins I.t~cie~'s ranodia as providod in para~raph 18 hereof. includinj, but not limited to. rcssonabk attomer'~ taa: and 1
(d) Hocrow~ taka wch actioo as Lender may rcasonably requiro to asaw~e tbat tbe liea of this Mortp~e. Lenda's iaterest
in the Pcoperty aad Borrowery obliption to pay the sunu securod by thh Mort~e shap oontinue ~mimpaired. Upoa such
PeYment aad cure by Borroww. this Mortp~ea aad ihe obliptiaa secura! heraby sball remain ia foq fome snd dted as ii
no aooekntion had oocurrod.
A~eM ot 1te~bi AlP~~~ oE ReeeH?ea As addicional security hercunder. Borro~ he~ aisi~as to
i.ender the tmts of the Property. pravickd that Borr+ower shall. Prio~ to aooekration uader puasrsph 18 herwf or abandon-
meat of :he Te+opetty. luve the ri~dt w collect aad retain :uch reats a~ t6ey Decome due and payable.
Upon acodecatioa unde~ paragraph 18 heroof or abandonn~t of tbe Propaty, Lender ~aq be entitled to hive a
receiver appointed by a ooutt to enter upon, take poaseuion of and manage the Property and to oa~lect tbe rents ot the
Property, includina those past due. All reo~ collectod by the rooeiver s6a11 be apptiea firse co paymenc of ebe caaa oi
mansgement of tbe Property and ~wllxtion of rents. includina. but not limitsd to. receiver'a fea. pnmiums on receiver's
bonds aad ressonabk atwrpey's fax, and then to the sums sacurod by this MortEsge. 7Ue reaiver shall be Uabk W account
only for those ceab actually reoeived. ~
21. FM~re Aira~eer. Upon roquest by Bon~ower. Leoder, at Lender's optioa withia tvventy yeacs from the date of this
Mortaage. may make Future Advances to Bomower. Such Future Advaaces. with iateresl thereon, slull be secured by this
Mortpae whcn evideaoed by promissory nota statiag that said nota are securod hereby. At no time sball tbe principal
amouat of tbe indebtedaess sxured by this Mortgage. not i~cludins sums advancxd i~ aooordance 6erewitl~ W protect the
security of this Mortsage. exoood the origioal amount oi the Note plus USt. ~'~"'~'~~~~~""""T"
22. Rdeau. Upqn psyment of all sums seewed by this Mortgage, Lender shall r~etease this Mortgsge without chuge
to Borrower. Bormwer shall pay aQ coats of roco~datan. if aay.
23. Altoney's Fas. As used in th;s Mortgage u~d in the Note. "attorney's fea" shall include attorney's fees. if my,
which may be awarded by a~ appellste court.
IN WITNFSS WHEREOF, Borrower has eaecuted this Mortgage. '
Signed, sealed and ddiver~d
in t6e Dresence of:
. . . . . .G~=.~ . . . . . . . . . . . t,t/`~,.,.~:-: . . . . . . . . .cs~~
`!Y .O ~ I~larne L. ~lackman ~ -ew~ow..
~ . . . . . . . . . . ~ . . . .~'~~.~1~: 4-~~ . . . . . (Ses1)
A1 i c i a J. B 1 ackman =eo.~owK
STATE OF !'r[.OR~. . . . . . I 11 i no i s . . . . . . . . . . . . /!CAN~ . . . .~nty ss:
I hereby certify that on this day. before me. an oUiar duly authoriz~d in the state afocesaid and in the county
' aforasaid to eake acknowledgemenes, personatly appeared. . Warne ,L. , B 1 ackman, and Al i e i a. J.
~ Bla kma his wif,e ~
~ 4 P.,. . . to me known to be the pezson(s) described in and arho eaecuted the
f foregoing inswment and acknowledged before me that. they, ,ex~~ for the purpoae therein
E expressed. •
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~ WtrrtESS my hand and o8'icial seal in the rnunty and state aforesaid t6is. ..??~d.... .day of
E 4~e..~.....~ :...............i9..79...
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~ ROGER POI7RA5
CLERt( CIRCWT ~0 /1 _
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. . ~ ~ . 3~2 P~E 2259 , .