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HomeMy WebLinkAbout1286 _ _ . ~ ~ ~ ...,?1.~~ prior to entry of a jtdgtnetrt enforcing thi: Mortpse if: (a) Borroner pays Lttder all :torts which would be then due under this Mortgage, the Note aced testa securing Futuro Advatrces, ii say, had ao aooekratioa occurred: (b) Borrower curs all broaches of any other eovetwrts or~agreements of Borrower contained in this Mortgage; (c) Borrower pays au nuonable expense ittcurred by [.ender in eatorciag the oovetragti and apeetttents of Borrower contained in this Mortpge and in enforcing I~etrder'~ tetnedia as pirovided in paragaph 18 hereof, including. brit test limited to, roswaabk attorneys fee; and (d) Borrower take such action a,• Letder may t+euonably requiro to assure that the lien of this MortPBe. Ltarder's interest in the Property sad Borrower's obliption to pay the wtns secured by this Mortpge :hall continue unimpaired. Upon Latch payment and cure by Borrower. this Mortgage and the obiiptiotrs secured hereby shall remain in full force std effect as if no acceleation had occurred. 2t. AsdgaoeM at Rehr, A~ohrtasetlt of Rsceiver. As addetional security hereunder. Borrower hereby assigns to Lender the rents of the Property. provided that Borrower shall. prior to acceleration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect sad retain wch rents as they become due sad payable. Upon acoekntioa order paragraph 18 hereof or abandonmrnt of the Property, Lender shall be entitled to have a receiver appointed by a court to enter upon, take po';session of and manage the Property sad to collect the rents of the Property, including those put due. All rents collected by the receiver shall be applied first td payment of the costs of managemeat of the Property and eolketion of rents. including, but not limited :o. receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortpge. 'ILe receiver shall be liable to account _ only for those vents actually received. 21. Ftrttue Airaacs+s. Upon request by Borrower. Lender. at Lender's option within twenty years from the date of this Mortpge, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortpge when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums~advancxd in aooordana herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS.. 22. Releare. Upgn payment of au sums se+cut~ed by this Mortgage, Leader shall reksse this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation. if any. 23. Attoney's Fees. As used in this Mortgage and in the Note. "attorney i fees" shall include attorney's fees, if any, which may be awarded by an appellate coati. IN WITNESS WHEREOF, Borrower has executed this Mortgage.. Sigtred, ed and delivered in t resetlce of: . 1. ~ .............(Seal, e~itj%o~~~ ~y ~ Helen Gohlke . ~ ? ....(Seal, ~,q~ ~ ~ , ~ e iv ~ K ~ ~ Karen A. Gohlke STATE OF 1~~~A . M1CliLGAa... - . • . • • - . • • - • • •Iri61da11S? ss: I hereby certify that on this day, before tree, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared.._ Nelea. Gohlke, . an. ttnroacri ed .woman. and .Karen A. Gohlke,. an .untnart'.i~ed .ttrotnan to me known to be the person(s) described in and who executed the foregoing instrument and ackttowledgcd before me that they .......executed the same for the purpose therein i expressed. WITNESS my hand and official seal in the county and state aforesaid this....... 21~.~ ............day of ....dune .........................19..7.8 My Commission exptres:. 1-~~= ~3 [>i~t ~ 4 - Notary Public . } .'f y i f ,{lii (Space Below This fins Reserved Fes ltndK and RatorOeq . ~ `i ~ f _ ~ t 456'72 - 1919 AUG 13 IIM ~ 18 F EO AMO RECORDED S~UCIE CWNTY.fIA. ROGER POITRAS CLERK CIRCUIT COURT RECORD YERlFtEO.~_ . . ~ sa~K 314 P~~E 1279