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HomeMy WebLinkAbout0154 ~ . . 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 cura all breaches of any other covenants or agreements of Borrower contained in fhis Mortgage; (c) Borrower pays all reasonable expenses incurred by Leader in eafor~ing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in paragraph 18 hereof. including. but not limited to. reasonable attorneyk fees; 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 Borrower s obligation to pay. the sums secured by this Mortgage shall rnntinue unimpaired, Upon such payment and cure by Borrower, this Mortgage and the obligation secured hereby shall remain in full force and effect as if ~ no accekration had occurred. 20. A~aiateat o[ Reath Appoiatraeat of Receiver. As additional security 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 become due and payabk. Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to have a rceeiver 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 Brat to payment of the casts of management of the Property and collection of ants, including, but not limited to, receiver's foes, premiums on receiver's bonds and reasonable attorney's foes, and then to the sums secured by this Mortgage. 'll~e receiver shall be liable to account only for those rents actualty received. 21. lFt+tare Advance. 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. shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are scoured 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 USf.. ----------~-rrz-?trrttr 22. Rekaae. Upcxn payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, i( any. 23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's foes, if any, which may be awarded by an appellate court. _ IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the Dresence,bf: v .%f~ Peter` Ni eczypo k Marie Nieczyporuk pXot/..tvt,.ae ~T~ OF >~`t6~ltbd,4.!?jA~t!~ , CANADA ......................do'i,~tEl/ss: fayM?~ 1 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... Peter. ,Nieczy~oruk. atu! Jlari e. Hi~eczyporirk, . hi.s .wife... 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.......7.th ..............day of (larch 19 $p... My Cotn fission exprres: IVOtary i Below This Line Reserved Fa Lender and Rewrdeh ' ~ 1 f ~ ~ ~ ` ' ~ 48U54'7 1li~ibd~~:C;; ti ~i : ili CiJt~:;%IH~ ~ ~ fi t~0 NAR 24 1I~ t t ~ 38 FiLi:D J?ItiC ~~C4ROF0 S ROGER PO1TftAs~ eI.ERK CIRCtNt R'~ICOlIL1~ P,f(:fiRil tiFP,lFIF1l. 3 . ~ e~K~~28 ~ecE .154 -