HomeMy WebLinkAbout2667 ' ~ t ~ l .R
.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 sawing Future Advances, if any, had no aotekration occurred; (b) Borrower cures
alt breaches of any other covenants or agreements of Borrower contained in tha Mortgage; (c) Borrower pay: all reasonable
expenses irrlvrred by Lender in eaforcing the eovenagts and agreements o[ Borrower contairrod in this Mortgage sad in
enforcing Lender's rerrredies as provided in paragraph 18 hereof, including, but not limited to. reasonabk attorneys fees; and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Leader's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shag continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligltidrrs secured hereby shall remain in fup fora and eQect as if
no aocekntion had oavrnd.
21. Asdg~reat aE Rewt~ A~oidocN of Receher. As additional security hereunder. Borrower hereby assigns to i
Lender the rents of the Property. Provided that Borrower shall, prior to aocekratwn under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect and retain such rents a< they becoeoe due and payable.
Upon acoderation under pangnph 18 hereof or abandonment of the Property. Ltrxkr sha0 be en6tkd to have a
receiver appointed by a court to enter upon. take possession of and manage the Property sad to eoliect the rests 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 collection of rents, including, but not limited to, receiver's fees, premiums on receiver's
bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. 'Ibe receiver shall be liable to account
only for those rents actually received.
21. Frrtrrse A~aaca+s. 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 evideooed by promissory notes stating that said notes are sceured hereby. At no 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- .
2i Rslease. Upan payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Botrowec shall pay all costs of rocordation. if any.
23. Attorsey's Fees. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees. if soy,
which may be awarded by an appellate court.
iN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
1
/ ~ ~ ~
J~ Gi'~~ ?!(.~~L~ . (Seal)
Edmo~n'd W.~ ~entier -eonower
. ~ . - - - - ? ..~y'`~'= . (Seal)
Rita Carpent er ~o.roerer
STATr:OF X,......l~as;;acl~~t$ei<ts fU~!`.~T.~PS.~'.~.COtlitty5s:
I hereby certify that on this day, before me, an o6rcer duly authorized in the state aforesaid and in the county
~ aforesaid to take acknowledgements, personally appeared .Edmond . yd ~Ca rRe Irt i e.~ .and . R i lyd .
..Cax.pent inr •..b . w~~e........, to me known to be the person(s) described in and who executed the
focp~¢itig ~nstxtrment and acknowledged before me that... th~Y......executed the same for the purpose therein,
c nxpi. ~='Vi'a, i
WWU'~tt~ my band and official seal in the county and state aforesaid this Z red ..........day of '
~ ~Qag>1Weg..... 19..7.9...
_ .
-
` ~ ~ ~ ~ Notary Pubrrc
%~7
!
n (space Below This line Reserved For lends sad Recoedeh
`HJ
~5~~ ~~}v(~~ r7'11J'7~r! l~n~
_ - ,
23 P.' 3-~
~OGEft P~JIT~?AS
CLERK CtRCO.;~T CCtt'JJ!
ir'^rFC - _ Ill _
r
~R3r~
. n~ 4V P~tCE~~f~