HomeMy WebLinkAbout2358 prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures
all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenagts and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof; including. but not limited to. reasonable attorney's fees; and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest
in the Property and BorrowerY obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in fuq force aad effect as if
no acceleration had oocurnd.
2A. Asdgavewt ofi RerNs; AppolNasat of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the trots of the Property. provided that Borrower shall, prior to acceleration under paragraph l8 hereof or abandon-
ment of the Property, have the right to collect and retain such rents as they become due and payable.
Upon aooeleradon under paragraph 18 hereof or abandonment of the Property, Lender 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 receiver shall be applied first to payment of the costs of
management of the Property and rnllection of rents, including, but not limited to, receiver's foes, premiums on receiver's
bonds and reasonable attorney a fees. and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rants actually received.
21. FaQrre Aiva~ces. Upon request by Borrower, Lender, 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 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 advanced in aooordanoe herewitb to protect the
security of this Mortgage, exceed the original amount of the Note plus USS. •
Z2. Release. UpQU payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all coats of recordation, if any.
Z3. Attorney's Fees. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's foes, if any,
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of
~ Ro rt E. Leasur ~ ~ --sorrow..
~ut-:•.. ~!,.f.Q~rr~
: ~~:1,~7~-~b-`E~~~~
4~ (seal)
~'~~artha I. Leasure -ewrvwer
STATE OF Pennsylvania r Lv'~ s, ~ h1~gr ? I a
r ~ .County ss:
I hereby certify that on this day, before me, an officer duty authorized in the state aforesaid and in tbe county 1
,
aforesaid to take acknowledgements, personally appeared... Robert, E., Leasure a1nd,Martha .I, _ , , , , , , , I
_ ,Lga>~ure, his, wife., , , , , , , , , , , , to me known to be the person(s) described in and who executed the '
foregoing instrument and acknowledged before me that.....they......executed the same for the purpose therein ~
expressed.
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WITNESS my hand and official seal in the county and state aforesaid this.......... 2Ad ........'..day of
€ .....Nove~4ex ...................19.79....
t I~j1'~''ommissi~~trl~c
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s~ •1 ~ t ~ = DONNA S: BLACK NOTARY PUBLIC
-s ~ 8~::~ .s- GREENSBURG, WESTMORELAND CO., PA
~ v~ ~ COMM1S510N EXPIRES FEB. 10. 1983
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(Spare BNow This Line Reserved For Lender and Recorder) .
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