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HomeMy WebLinkAbout2786 - _ s prior to entry of a judgment enforcing this Mortpge if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and note securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures all breaches of any other rnvenaats or agreements of Borrower contained ie this Mortpge; (c) Borrower pays all reasonable expenses incurred by Leader in enforcing the covenagts and agreements of Borrower contained is this Mortpge and in enforcing Lender's rcrrlodia ss provided in paragraph 18 hereof, including. but not limited to. rcasonabk attorney's fees; and (d) Borrower takes such action ss Leader may reasonably require to assure that the lien of this Mortpge. Lender's interest in the Property and Borrower's obliption to pay the sums secured by this Mortpge shall continue unimpaired. Upon each payment and cure by Borrower, this Mortpge and the obliptions secured hereby shall remain in full force and effect as if no aecekration had occurred. 20. AsdpreM of Reads; Appoirtts~tcN of Receiver. As additional security hereunder. Borrower hereby assigns to Lender the vents of the Property, provided that Borrower shall. prior to accekration under paragraph 18 hereof or abandon- ment of the Property, have the right to collect and retain such rents as they become due and payable. Upon accekntion 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 rnllect the rents of the Property, including those past due. All rents collected by the receiver shall be applied first to payment of the coats of management of. the Property and rnllcetion of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's foes. and then to the sums secured by this Mortpge. 'Ilse receiver shall be liable to account only for those veers actually received. 21. Fsuure Aivaacet. 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 Mortpge, not including sums advanced in aooordance herewith to protect the security of this Mortpge, exceed the original amount of the Note plus USS._____'_____~--~'-~--~~- 22. Reiialse. UpQa payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay aU costs of recordation, if any. 23. Attorsey"s Fen. 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 presence of: . G"~1,14~1~• Q~'....... . ? ~~1.......... (seal) ~ Cha~r`l es W. Jew i t ~ -core'"-` ..1':~:! . ~4e;t~-...`/"C L f~'?,v-!•~~.... L~.~Ji..R~t...~1: (seal) Esther A. Jewi tt ~O"O'""` STATE OF ~A[.......... N81iC ..~e~5e~/ ...................(~(Il~ SS: I hereby certify that on this day, before me, an officer duly authorized in the-state aforesaid and in the county aforesaid to take acknowledgements, personally appeared...Ck~ar]~s .W.. Je„ti.tt .and. Esther. A.... _ . . , J ew i.t t , . h ~ s. ~ i f e . to me known to be the person (s) described in and who executed the foregoing instrument and acknowledged before me that....tbe~l......executed the same for the purpose therein expressed. i j WITNESS my hand and ot5cial seal in the county and state aforesaid this...... 5xh ..............day of 19...1.. ' Notcember . My Commission ~r,~tP1t~eS; _ ~3 ~ (Spsoe Below This Line Reserved For Lender en0 Recorder) s 46'7156 ~~~1 '~~3 2G 2~ i.5 a _ _ _ ~ S RcJGER P~JITRA5~ ~ik~ s2 . ~,),7X J~ ~d~f 27