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HomeMy WebLinkAbout1263 ' ~e? prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all surra which would be rhea dues under this Mortgage, the Note. and gores securing Future Advances, if any, had no acakraticn occurred; f b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this MoAgage; (e)• Borrower pan all reasoetable expenses incurred by Lender is enforcing the oovenagts and agreements of Borrower contained in thk Mortgage and in enforcing Lender's remedies as provided in paragraph 18 hereof. including, but tat limited to, reasonabk attorney's tea: and , (d) Borrower takes such action as Fender may reasonably require to assure that the lien of this Mortpge, L.ender's interest in the Property gad Borrower's obligation to pay the sums secured by this Mortgage shall continue urtimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall ntnain in full fora gad effect as if no acceleratan had oaurred. _ 20. Aadpnlertt of Reatfi Appoiataeot of Rec~eher. As additanal security herrrunder, Borrower hereby assigns to Lender the rents of the Property, Provided that Borrower shall, Prior to aeoekratan under paragraph 18 het+eof or abandon- ment of the Property. have the right to collect and retain such real: as they become due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property, Leader shall be entitled to have a receiver appointed by a court to enter upon. take possession of and manage the Property and to collect the rents of the Property, including those -past due. All rents collected by the iooeiver shall be applied first to payment of the costa of management of the Property and collection of rents, including, but not limited to, receiver's fees, praniums on receiver's bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. 7Le receiver shall be liabla to account Doty for those rents actually received. 21. ll~nre Aivaaes+a. Upon request by Borrower, Lender. at Lender's option within twenty years from the date of this - Mortgage, may make Future Advartca to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At rro time shall the principal amount of the indebtedness secured by this Mortgage. not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS..•e~r•r?~**+~+.+.•r..~~..~+•..•~ 22. Reia~e. Upon payment of all sums secured by this Mortgage, Lender shall reksse this Mortgage without charge - to Borrower. Borrower shall pay all costs of reoordatan, if any. ' 23. Attorsey's Fees. Ace 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. r Signed, sealed and delivered in the Dresence of: .4~c~`.:r~w!!4...~~~.~W". Seas) Art ur Birnbaum - -~r~ _ . G~. i~`.~~~'t.~.".`= (Seal) Lenore Btrnbaum STATE OF ]F`OrQD~, ~oRReSr~! l+pt . . . ..................County ss: I~AR?~Q~ - I hereby certify that_on this day, before me, an officer duly authorised in the state aforesaid and in the county aforesaid to take acknowledgements,.personally appeared.. A.~~h4C. Q~~:nkatJ9t. s~nd.LevorS. ~'tt:Abdum,..his wife . to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before the that.. they .......executed the same for the purpose therein expressed. WITNESS my hand and official seal in the coun and state aforesaid this......14ttt ..............day of S.~a±t~er ..................19.79.... M ~ ,~tit~~t:i Y~iir{i~~,,~: 'o• .c 7 r : to "k r- Moir.-- l ~Si~'f . ~ : .i, : • to ~ a ; - ~ . n (sv~ 6e~o« rnis tine Res«vea For Lena.. sna a.c«aeh _ / ~51~s yai~o-l~ '3~a~1~ l~o~ , 3f1N3!~tl 3~'~:`1~_'.O LiLZ ~~P 27 r'~. :j= 35 ~NbdWO~ 3~Ndafl~tJl 31111 OJ17a1H~ f.. 0~~~c~e ST ~If PWTRAS~ Oi.EI~(CgtCUiT kF~Cfii3 ~'FRiFlE~ 40539 ~3~7 p~~'.61