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prior to entry of a judgment enforcing the 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 pay: all reasonable
expenses incurred by Leakr is 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 Leader may reasonably require.to assure that the lien of this Mortgage. Leader's interest
in the Property sad Bon+ower's obligation to pay the sums secured by this Mortgage shall continue utumpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligation secured hereby. shall remain in full force and effect as if
no aecekntion had occurred.
2A. Aad`rtiotent of Rer~ AppoietraeN of Recdver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect and retain such real: sz they become due and payabk.
Upon acceleration under paragraph 18 heroof 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 colkct the rents of the
Property, including those past due. All rents rnllected 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 reasonabk attorney's fees, and then to the sums secured by this Mortgage. The receiver shall be liable to aocatnt
only for those rents actually received.
21. Fohrre Aivascis. 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 aooordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS.~:
22. Rekase. Upon 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.
23. Atoorsey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's foes, if any,
which may be awarded by an appellate couR.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of: ~
~:~t,4-.:-~! .(Seal)
- j Richard J. Andreson -aO"°'""
(Seal)
. -6orrow.r
Candice Anderson
STATE OF Alaska ...........................¢$ltyt~ ss:
I hereby certify that on this day, before tne, an officer duly authorized in the state aforesaid and ~iff the ootmty
aforesaid to ake acknowledgements, personally appeared. ~i.Chdfd. ~J •..A~dersQn .and, Cand~s,¢; demon
his w i ~e to me known to be the rson s described in _ the
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foregoing instrument and acknowledged before me that.....theY.....executed the same fo~Mkr ~ tlrettiin
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WITNESS my hand and official seal in the county and state aforesaid this...... ; ~ :~Y =vf
November 19..7.9 ; ~ s . ; _ .
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(swa aslow This lin. R.s.rv.a For Lender snd R~corOeh
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RECO~ " r' ~ t
DEC 13 8 s~ ~M `7 9
• 49313
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