HomeMy WebLinkAbout0174 prior to entry of a iudgment enforcing this Mortgage if : t a) Borrower pay, [.ender all sums which would be then due under
this Mortgage, thr Note and notes aecuring Future AUvanc«, if any, had no acceleration cxxcurred; Ih) Borrower cures
all hreache+ ul any other covenants or agreements of Borrower contained in this Mortgagr, Ic) Borrower pays all reasonable
rxpenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing L_ender's remedies as provided in paragraph IK hereof, including, but not limited to, reasonable attorney's fees; and
Id) Borrower lakes such action as Ixnder 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 Mortgage and the obligations secured hereby shall remain in full force and effect as if
no acceleration had occurred.
20. Assignment of Rents; Appointment of Receiver. As additional security hereunder, Borrower hereby assigns to
1_ender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof ur abandan-
ment of the Property, have the right to collect and retain such rents as they become due and payable.
Upon acceleration under paragraph Ilt hereof or abandonment of the Proper[}•, 1_ender shall be entitled to have a
receiver appointed by a court to enter upon, take pcnsession of and manage the Property and to rnllect the rents of the
Propcrt}•, including those past due. All rents collected h}• the receiver shall be applied first to payment of the costs of
management of the Propert}• and collection of rents, including, httt not limited to, receiver's fees, premiums on receiver c
hoods and reasonable attorney's fees, and then to the sums secured by this Mortgage. 'I~te receiver shall he liable to account
only for those rents actually received.
21. Future Ad~•ances. Upon request b}• Borrower, l.ender,'at 1_cndcr's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall he secured by this
Mortgage when evidenced by promissory notes stating that said notes arc 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 I.~SS.31i3QQ.U0 . . . •
22. Rekase. Upon payment o[ 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. Attoirner's Fees. As used in this Mortgage and in the Note, "attorney's feel' shall include attorney's foes, if any.
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
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Q Signed, sealed and delivered
~ Q in the presence of: -
w tY ,«•:?y~4 ~~C~~-,-_..~r~:~.`.~.'~':........ G(~ _ (Seal)
7 ~ Leonard E. Palis Ern L. Hunter ~O"O1Nf
~ ? . l~c.~.~:v~l~, (Seal)
m Irene F rangak J' e P. Hunter ~OfrOWtf
~ o r~
~ STATE OF Y~I~~1'E' .....................COUnty SS:
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I hereby certify that on this day, before mr, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared . . I+.•. i~ ~ANI~. P,. .
c~C his.wife to me known to be the person(s) described in and who executed the ;
foregoing instrument and acknowledged before me that....~li~Y..~....executcd the same for the purpose therein
expressed.
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TtyESS my hand and official seal in the count}' and state aforesaid this....... ~ ...........day of
. 19 .$Q .
I 11~y Commission ex res:~~" I Q " ~ t ~
:.t~sntl ~ Notary Public
_ V
~ JUANITA V. CHRZAN
• . - Nrlar•I Fu!4r, way.; r~u•,r? '~ichiAan
_ _ - _ 'f!? tx=rrintts;rn Ex~;;r~g „~t:r-y 13, ;982
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(Space Betow This Line Reserved For lender and Recorder)
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