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prior to entn of a judgment enforcing this Mortgage it: t a) Borrower pays lender all sum. which would he then due under
this Mortgage, the Note and notes securing Future Advance., if any, had no acceleration occurred: Ih? Borrower cures
all breaches of am• other covenants or agreements of Borrower contained in this Mortgage; Ic1 Borrower pays all reasonable
expenses incurnYl by I•ender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 1 K hereof, including, but not limited to, reasonable attorney's tees; and
1 d 1 Burrawer takes such action as lxnder 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
p:+yment 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. AssiRnmenl of Rents; Appointment of Receis•er. As additional secunty 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 becorr-e due and payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property, 1_ender shall 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
Pn?perty, including those past due. All rents collected 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 reasonable attorney's fees. and then to the sums secured by this Mortgage. "ihe receiver shall he liable to account
only for those rents actually received.
21. Future Ad~~ances. Upon request by Borrow•cr, l.cndcr, 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 1~iortgage, not including sums advanced in accordance herewith to protect the
security of this I?fortgage, exceed the original amount of the Note plus USS.fl4 ~OQQ.00... • • . • - • • • • .
22. Release. Upon payment of all sums secured by this Mortgage, Lender shall release 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 fees" 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: (TG f b E ' ~ 1 - c Gh '
s ~ /Barbara L.
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1 J ( eal
J 5 M, -S~"ONE S 1Sl ~ NaIKY Ge~l.g / ~-eorrower .
KA7 NRYN D, S7 oN~ Jack Strot><it ~ Barbara Strdm -eo?rower
STATE OF FLORIDA ......................................(Seal)
1 hereby certify that on this day, before mc, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared
to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that ..............executed the same for the purpose therein
expressed.
Wtrtvess my hand and official seal in the county and state aforesaid this ........................day of
.................................19....
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My Commission expires:
E [Saaq Notary Pubic
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(Space Below This Line Reserved For Let?der and Recorder)
STATE OF MICHIC>f1N
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~ QAIQI~I~ID
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ZY1e foregoing instnment was ledged before me this ~
day of ~ 1980, by JAMES T. and BARBARA L. ,his wife;
I4UIS C~ISLING and NANC.'Sj C~ISI.,ING, his wife; JACK and BARBARA ,his wife.
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KA'INRYN D. 57'ON13 C,
i Nocttry Public, Oakland C.ount~, MItFiItiwR
' M~ Cowmissioo 1itpires August 4r 19811
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~ MY'".~ibn expires:
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' Ef10K 327 P6GE ~VO
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