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HomeMy WebLinkAbout2083 ~ ~r :F ~ ~ jj prior to entry of a judgment enforcing this Mortga~ if: (a) Borrower pay: Lender all sums which would be then due under this Mortgage, the Note and notes securing Futu Advances. if any, had no aoaleration occurred; tb) Borrower cures all braches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable expenses incurred by Lender in enforcing fire covenanis and aYrcciY~ni~ .~f l~rrovrcr C~t~tairt2d in this hfortgags artd ire enforcing Lender's remedies a: provided in paragraph 18 hereof, including, but not limited to. reasonable attorney's fees; and (d) Borrower takes such action a: Lender may reasonably 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 Mortxage and the oblittations secured hereby shall remain in full fortx sad effect as. if no acceleration had occurred, ?A..Aadgr~esrt of Aer~ AppolNmart of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that 8orrawer shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Property. have the right to rnlkct and retain such rents u they become due and payable. Upon accekntion under paragraph 18 hereof or abandonment of the Property, Lender shag 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 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 foal, and then to the sums secur~od by this Mortgage. 'i?re receiver shall be liable to account only for those rents actually received. 21. Itbtrlre Adrascea. 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 interat thereon, shalt 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 accordance herewith to protect the security of this Mortgage. exceed the original amount of the Note plus USS""""""' T2. Rel~arse. Upcw payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borraver. Borrower shall pay aU coats of recordation, if any, 23. Allor>sey's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's foes, if soy. which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presentx of: Wolter • I . ~ Scott • • • ~ ~ ~o~rowe. . ;zy~ Q ......................(sear Mtxrie A. Scott STATE OF~~~177y _ r ~~'!~y ~IY~Y~Y1~7P~~ O 11?-1n 1 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 Wtlllter. I..Seo~t .rind. Maxie A.. SCOtt, .h3.S. . • • • • • • • . • to me known to be the person(sj described in and who executed the foregoing instrument and acknowledged before: me that ~eY...... executed the same for the purpose therein expressed. WITNESS my hand and official seal in the county and state aforesaid this .............day of .......Aee~e • - - ..,19.79.... M 4~` , KL'x ~ lrr ~ Y ~ , l p'2~' E f 1, " ~ x• _ ~ NOtary Public `~T ~ . t~ o ~.F ~ ~ ~ ~ I.fy f ~ - C: ^ty, ~a~_H. ~/i: s ~ ~7 V l ..~:ilbr U J ID tSpece Below This Line Reserved For Lender snd Recor6eh ' I°~0 JA~~ 1 ~ P!' ~ 05 ST It C{a~~p~~~Y.FLA. ROGER POITRAS CLERK CtRgAT WtRtT RE~(?ttD 1'ERIFIf 0 ~ 4'~~392 • a g~~'3 ~d~2074