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prior td entry of a jodgmatt eofortxag this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this MortpBe, the Note and notes socatring Future Advaaoes, it any, had ao :eoelentioa oxurred; (b) Borrower cures
all breaohet of any other eoveaaau a agr~eaaeats of Borrower contained in this Mortgage; (c) Borrower payi all reasonable
experaes incurred by bender in enforcing the oovcnaryts gad agreements of Borrower contained is this Mortgage and is
enforcing Lender'e rartedies m pttovided in puasraQh 18 hereof, including, but not limited to, ressoaabk attorney`s fees; and
(d) Borrower takes such going as Lender may reasonably require to assure that the lien of this Mortgage, I.endet': interest
in the Property and Bonarer's oWiptioa to pay the sums securod by ttta Mortgage shall coattntre unimpaired. Upon such
paymatt and cure b+y Borrowe:, this.Mortgaje gad the obligations secured hereby shall ransia in fup force and effect as if ~
ra aooekratioo had oocurs+ed.
Aas~wsit et Raa1R Aplort¦tat of Receiver. As additional security hereunder, Borrower hereby aasigris to
Leader the tarts d the Property. provided that Borrower shall, Prior to aooeleration under paragraph 18 hereof or abandon-
ment of the Prapp~ty, have the ri86t to odka and retain such teats ae they become due and payable.
Upon aeoderation under paragraph l8 hereof or abandonment of the Property. Lender :hap be entitled to have a
receiver appointed by a court to enter upon, take possession of gad 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 payma~t of the casts of
rraasgeaxnt of the Propa~ty and edlectioa of rents, including, but got limited to. receiver's foes. premiums on receiver's ~
hoods-god reasonable attorney`s fees, and then to the sums secured by this Mortgage. The receiver stroll be liable to account 1
only for those rents adwlly received. -
21. i4tttre Aitaroa. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this
Mortgage, may make Fottu+e Advances to Borrower. Stich Future Advances, with interest thereon, shall be secured by this
Mottpge Mrhea evideaoed br promissoq? notes stating that said notes are secured hereby. At no time shall the principal
amount of the indebledneas aecuced by this Mortgage, not including sums advanced in aooordanoe herewith to protect the
• ~ ~~32.~Rekase. Upoio payment of aq sums secured by this Mortgsge. Lender•ahall release this•Ma~tgages rwittwut charge
to Borr+awer. Borrower step pay all Dash of recordation. if gay.
23. AMassiepls Fes. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees, if any,
which may be awarded by an appellate court.
IN WITNESS WHEttF.OF, Borrower has executed this Mortgage.
Stgrted, sealed. and delnrerod
in the pre~aenoe of: }
G rge R. • Penne aker -B0"°`~`
!~~d. ~?7 .............(seal)
4%~~~ Doroth M. Pennebaker ~0"°""`
STATE OF ~ COUnty SS:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknosvlodgements. personally appeared. ~ieQrge. R...P.enQebak,er..aod. D,o~rothy. M...... .
..Peaaeb~tec.. b1s~. Nife to me known to be the person(s) described in and who executed the I
foctgoing instrument and acknowledged before me that....they......executed the same ,for the purpose tberein
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` WITNESS my hand and oHieial seal in the county and state aforesaid this.......9tb ..............day of
E . E?Pr..~!
:....................19.80....
s -Septa her 30 1982 .
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