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HomeMy WebLinkAbout2107 1j J • • ' r i i 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 al! breaches of any other covenants or agreemtnts of Borrower contained in this Mortgage; (e) Borrower pays all reasonable expenses incurred by Lender in enforcing the oovenagts and agrcements of Borrower contained in this Mortgage and in enforcing Leader's remedies as provided in paragraph 18 hereof. including. but not limited to. reasonable attorney's fen; and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest ' in the Property and Bormww'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 fora and effect as if no acceleration had occurred. 1 2f. Asdgtiaretit of Rttttfi Appointasent of Rereirer. As additions! security hereunder, Borrower hereby assigns to j Lender the roots of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- I ment of the Property, have the right to collect and retain such rents a: they become due and payable. Upon acakradoln 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 collect tht roots of the ' Property, including those past due. All rents collated by the roceiver shall be applied first to payment of the costs of ~ management of the Property and collection of rents, including, but not limited to, t+eceiver s fees, promiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. The r+ecciver shall be liable to account only for those rants actually received. 21. _ Ftttort Ad~alaces. 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, shalt•be sceured 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, caned the original amount of the Note plus US~"""'-.:"'~-~------r. 22. Reksse. Upcta payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coats of rernrdation, if any. 23. Attoraxy's Fets. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any, which may be awarded by an appellate court. j 'IN WITNESS WHEREOF, Borrower has executed this Mortgage. `I Signed, sealed and delivered in the presetttx of: ~ A t ~ • ( ) Irma M. McCarthy -eofOM"" . - srerE of A~u6(lldx, ........h i~oespta . f. S~ ~o u.i S. _ CotLtn-}~~ ~ I hereby certify that on this day, before roc., an otficer my authorized in the state aforesaid and in the county - ~ aforesaid to take acknowledgements, personally appeared ..I.rma . M.. HeCa r thy.,. an • untnarx red • - ...b?Ot1431t to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that....~h6.......executed the same for the purpose therein expressed. WITTIESSa illy hand and official sea! in the county and state aforesaid this....2Otb ................day of ~~.~r:~ 19.7g ` ~ ' • [SlNJ ` t Notary Public ,mss Ejeanor McCarthy .~c ; `tea` " ~ ~ ST. LOU15 COUNTr ~A ~ . ~ !~.K}" ~ ~`r~ . _ ' MY tW?MRfssion expires 22, 19ti6 ,alb ~ r~ - . ~ 1~`~~ (Spate below This Line Reserved Fa Lender sod Recordeq - ~ ' 3 ~ , : { ti _ ~ ~ l LZ 1980 JAt~ t I Pi! ~ 25 ANbdN~OJ 3JfvdcillSl~1 311LL 0`J)f~IH~ FILED AND FECORCLO SLLUCIE COUtlTY.fLA. ROGER POITRAS CLEP,K CIRCUIT COUR RECORD YERlFIEOw_ - 4'72404 Bcai ~ac~~