Loading...
HomeMy WebLinkAbout1203 .i ~ prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pay: Leader all sums which would be then due under this Mortgage. the Note and note: scouring Future Advances, if any, had no acceleration occurred; (b) Borrower cures al! breaches of any other oovetuata or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasoaabie expemes incurred by Lender is enforcing the eoveaagta gad agreement: of Borrower contained is this Mortgage and in enforcing Lenders remedies as provi~d in paragraph 16 hereof. including, but not limited to, reawnabk attorney's fees; and (d) Bonowet takes such action ss Leader may reasonably requite to sssure that the lien of this Mortgage, I.atder's interest in the Property gad Borrower's obligation to pay the sums secured by tha Mortgage :lull oontiatse unimpaired. Upon such payment gad cure by Borrower, this Mortgage and the obligations secured hereby shall remain in fulY force gad eRect as if no acceleration had occurred. - 2!. Aadpmet+t at Resift, Appoiatmcnt cif Reedrer. - As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, Provided that Borrower shall. Prior to aocekratioa under paragraph 18 hereof or abandon- ment of the Property. have the right to collect gad retain such teats as they beooane due gad payabiie. Upon acceleration under paragraph 18 hereof or abandonment of the Property, Fender shall be entitled to have a receiver appointed by a court _to enter upon, take possession of gad manage the Property gad to collect the teats of the Property, -including those past due. All teats collected by the receiver :ball be applied 5rst to payment of the costs of management of the Property and collection of rents. including, but not limited to, receiver's fees, premiums on receiver's hoods gad reasotubk atwrney's fees, gad then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents acttWly received. 21. Frpare A~aneea. Upon request by Borrower. Leader. at Lender's option within twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evideooed by promissory notes stating that said emotes are secured hereby. At ra time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced is aooordaooe herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS.. 2t Release. Upna payment of all sums secured by this Mortgage, Lender ahaU release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. - 23. -At~rsiey's Fns. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees. if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presertoe of: eK¢ ~ Gene C. ~F.~Tsai-eoROr+~ J ~ . ~.~~~Fs• :c..c (Seal) - R i tsuko Tsai -~«~or..? STATE OF tGGA, ~ ss: - I hereby certify that on this day, before me, an ofFicer duty authorized in the state aforesaid and is the oottnty aforesaid to- take acknowledgements, personally appeared.. Gene C s , f; , Tsai i , pnd, R i,>=suko, Tsai , ,his, , _ ...wife to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before ate that... th~y.......executed the same for the purpose therein expressed. r " --i; ~C • ~,~~lc WITNESS my hand and official seal in the county and state aforesaid this........:'...,, .:.....day of - .:~~~t~iiibet 19..79... - - ~ My (:om~i~sio8 eapues: j ' ~ . Notarp Public . . - . ~-eoa~~~ Expires August 18, 1983 - - - ciS~ 193 _ (Space tielorr This Lira Rt+s~rv~d For LendK snd R~oorAeq i~~ t/QiL~a~r~'3~u3!d INn-f 3r~~: _ , - 199 S~P 27 I~ S9 JINHd~y~~ 3:%f+~a(1SNi 311t1`;;;j'd:i;h:l - r EO #~fif~ kEWit6E0 S~UfCIE COUNt Y. Fl ,1. ~tpGi:R POITRAS ARK CIttCU(T CO~J T . •llEirOT!D-VERIFiftt_.~•. - 460509 g~o~3~7 ~~~~?Q2