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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 covenants 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, reasonabk attorney's fees; and
(d) Borrower takes such action as Lender may reasonatly require to assure that the lien of this Mortgage, Lender's interest
in the Property and Borrower's 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 full force and effect as if
no acceleration had occurred.
20. Adgamcat of Reats•, AppoiMmeat of Receiver. 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 rents as they become due and payabk.
Upon acceleration 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 rnllocted by the receiver shall be applied first to payment of the coats 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 foes, and then to the sums secured by this Mortgage. The receiver shall be liable to aaount
only for those rents actually received.
21. Fodue Advances. 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. Release. Upon payment of all sums socured by this Mortgage. Lender shall please this Mortgage without charge
to-Borrower. Borrower shall pay all costs of recordation, if any.
23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's Il~rney's if any,
which may be awarded by an appellate court. PM'011MICA ~
IN WITNESS WHEREOF, Borrower has executed this Mortgage. Ck11 of Gueysqui. f •
~ot-sulcie GennrN at t1+B
Signed, scaled Ts~'lfd~'d'Bnd-sWOrrr-trbe i~r~-~ Un;teo ;:tarts of /trt~irt.
in the Aresence `.Sue.se ri i1r elf ~ i~?'~f 's w
o n `t o e f o r e
- /
1
f th.~e}~.Jnited.. Brutes. of , Ar••
Yo~tuit`~~!'~.,do~ifvfcgl.:lgf dliea.+tt~ifl~~°,~'' .....(Seal)
- nd qualed, t~~is • commiss~one ~ -eprower
se Mora
crd quCl.fi~A, thi's
............s -,-+1F:. ~.,rx.,ecc; ..V..rT.-~..1'.wa~?:..........(Seaij
;
- ' ~ - ---eo.raw.
~?Fitbl(141~l- - - E.~uador .....................dd»t4rr4~ 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..Jose. l:« .Mora. and .Blanca .E..de. Moura, .
hi.s .tdi E~ . to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged beforr me that the)L ......executed the same for the purpose therein
expressed.
~ WITNESS my hand and official seal in the county and state aforesaid this.........2Dd............day of
. ,...11~y~~. ....,19..79...
' ii • .
i a j~Sf1`~~f~.
= - ~ .
~~~7 " • 1~ Public
;r.~ ?~,,=-i-~~ ~ Suscribed end :worn to bafor• mi -
r,-
. - = ~ - °~;;Q~ C3>larles L. G1atz Jr_ .
r ~ r \ - of the United States of American of
' Guayoquil, Ecuador duly tommiasipneJ
+,.•.ti:~,s ' 13th ~i~ L tlwA~ /a
•/s _ ~.ryZ y ~ end quolified, this '
't : °,d y ace . oa~a
. , - 4 rt..y of~~' of .1979
/ (Space Below This Line Reserved Fa Lender snd Recadeq
t
QCs^~^ +.,r-,. ~,,,i,~, a l„
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k JUi~C....,r ........~i~.,... 3 ilil•VVV~IN~ {J.V ,lNt~ _7 PN 2~
~ FIlLO ANC PECD 0
ST VJC(E COUtifY~tA.
t ROGER POITRAS
CLERK CIRCUIT COURT
a J
.
4'71665
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BOOK~~•~ PAGE 921