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HomeMy WebLinkAbout1463 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 ao aoalention occurred: (b) Borrower curs all breaches of any other covenants or agreements of Borrower contained in this Mortgage: (c) Borrower pays all r+eaaottabie ~ expenses incurred by Deader in enforcing the eovenagts and agreements . of Borrower oontainod in this Mortgage and in enforcing Lender's remedies as provided in paragraph 18 hereof. including, but not limited to. reasonable attorney's tees: and (d) Borrower takes such action a: Lender may reswnably require to assuro that the lien of tha Mortgage, Lender's interest in the Property and Borrorver"a obligation to pay the sums secured by this ~l4fortgage shall continue uaimpaired. Upon such r payment and cure by Borrower, this Mortgsge and the obligations secured hereby shall remain in full force and effect as if no aaxkration had occurred. 21. Asa~ed of Redd Appoiattstat 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 sad retain such rents as they become due and payable. Upon aocekration 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 the rents of the Property, including those past due. All rents collected by the receiver shall be applied first to payment of the costa of management of the Property and collection of rents, including, but not limited to. teoeivei s fees. premiums on receivers bonds and reasonable attorney's tas. and then to the sums sxured by this Mortgage. 'ILe receiver shall be liable to account only for those rents actually received. 21. IF'ttsre Aivarsci+s. 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 Advaaces, with interest theteon, shall be secured by this ~ Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal t amount of the indebtedness secured by this Mortgage, not including sums advanced in aeoordanoe herewith to proteM the security of this Mortgage, exooed the original amount of the Note plus US3.. .""---r... 22. Release. Upcsn payment of all sums secured by this Mortgage, Lender shall r+ekase this Mortgage without charge i to Borrower. Borrower shall pay all costs of recordation, if any. i 23. Attorney's Rees. As used in this Mortgage and in the Note, "attorney's foes" shag include attorney's fees, if any, which may be awarded by an appellate court. i IN WITNESS WHEREOF, Borrower has executed this Mortgage. - 3 Signed, sealed and delivered ; . in the presence of: ' y~ rank J. N um . FC1~7?~y°`~.~ . ' ~..4-~r..• (Seal) _ --eo.roMr~r et L. Nuzum STATE of l~l.~tfii~.... NQR?'~i . R41-~N dd~f ss: i I~hereby certify that on this day, before me, an officer duly autho in the state aforesaid and in the county f aforesaid to take acknowledgements, personally appeared... Fts~tlk . NSr,~4P1.8~~. Zed .1... Np,~.tlnl..hl {i{ ....wife to me known to be the person(s) described in and who executed the w f e that..tbe .executed the same for the u therein fore in instrument and ackno led be ore m y....... p rpose go g 8~ expressed. ~ _ i ~ WITNESS my hand and official seal in the county and state aforesaid this.........l4tb..... _ ....day of R .......March ....................19..80... - My Commission exprres: E ie •s! 1 l: _ - - sir (Spsce l1Now This LirN Rp~rvrd For Lender sad RscoMSh 1 ~1tir,?J ~ ~_c,~ j 3 - ~~V,~L:.VJ rv.....i1 •~..1 J ~i~.L 1./.JY~iF'i~ ~ ~ i998 BAR 3 I i 1 ~ 54 . , y i~ A C~rrY~``A. S~ POITRAS lil~-lii(CiItClBT C8 ~ ` 9IC~!0118 ~fRIFlE~I s, f . , i U~~