HomeMy WebLinkAbout0275 • 1
1
prior to entry of rjudpneat enforcing this Mortgage if: (a) Borrower pays Lender all sum: which would be then due under
this Mortgage. the Note and notes securing Future Advances, if any, had no acceleration occurred; Ib) Borrower cures
all breaches of gay other covenants or agreements of Borrower contained is this Mortgage; (c) Borrower pays all rasonable
expenses incurred by I.eadcr in enforcing the covertarfta and agreements of Borrower contained in this Mortgage and is
enforcing Lender's remedies as provided in paragraph l8 ht:r+eof, including, but act limited to, reasonable attorneys [ees; and
(d) Borrower Wca such action as Lender may rcawnably require to assure that the lien of tha Mortgage. Leader's interest ;
cuu+ae b> ~ ~
Mort to pay the soma secured by thk Mortgage shall continue unimpaired. Upon such ~
Y gage and the obligations secured hereby shall remain in full force gad cQect as if
no aocckratioa had occurred.
gi. Aatipmeat of Rertlq A~oirstmetat at Recelrer. As additional security hereunder, Borrower hereby sssigas to {
Lender the renb of the Property, provided that Borrower shall, prior to scxekntion under puagrapb 18 hereof or abaadoa-
ment of the Property. have the right to collect gad retain such rents as they become due and payable. E
Upon sooaleration under paragraph 18 hereof or abandonment of the Property. Lender sttatl be entitled to have a
receiver appointed by a court to enter upon, take possauion of and manage the Property gad 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 costs of
management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's ~
bonds gad reasonable attorney's fees, and then to the sums secured by this Mortgage. 'ibe receiver shall be liable to account
only for those react actually received.
Tl. Fotsre Aiva¦eer. 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 accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS""""
22. Release. Upon payment of aU sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Atoorsey's Fees. As used in this Mortgage and in the Note. "attorney's fens" shall include attorney's fees, if any,
which may be awarded by as appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
's
Signed, seated and delivered
in the Dresetrce of: ~
/,~/./y//~//•y / ~v//~,,~
. . V. . ~CAi:! r...... i
• ~ .
/ Rodger cod '~O1'0"'"
~.l.~~it~!4~ . Y . ` (Seat)
Evelyn J. cod -aOfO1M'~
STATE OF FLfSit1~?, r.±
~h i 9at~. ~ . ~ ~ ;t7obtftitl/ ss:
LL. V ~
I hereby certify that on this day, before roc, an officer duly autFioriud in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared.. ttodgar..8.. Woad .and. Evelyn . J.. llar,d,
.....his . w~ fie to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that... they.......executed the same for the purpose therein
expressed.
WITNESS my hand and official seal in the county and state aforesaid this 20 t b .............day of
.....Febcuary 19...80..
'i.
My Commission eapurs: n ~~'i{ ~ `"~r
ts..n ,ua.,,, a,wie
,r
.
CMDA S. C',STtE ' ' '
Notary ~bilc, C.:+land Cc.^'y, IAFc~i~en -
Comrnision Ex. res Sc ember i3, 193.1 -
~Y ?i P~ cx '
3 .
1~~
~,~~sii- -
.
(Spaces Balorr This Lines Rasarvad For l.eedar and Raeordary
D5ti£t' bQ??tOlj '?^?~3!d 1H03
RtvbdWO~ 3J~'LtJ~1(15iat ~ illl Ci:iV~lH~ ~ ~ ~ ~ g
~ECOttDEO
5~0 A~ tY~•f~A
~
. YEIIIFtCD
4~sass
. ~ BQOK 327 PAGE 274