HomeMy WebLinkAbout2937 _
,.~.tt1
prior to entry of a judgment enforcing thin Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note aad notes securing Future Advances, if any, had no acceleration occurred; (b) Botmwer cures
all breaches of any other covenants or agreement: of Borrower contained in this Mortgage; (c) Botmwer pays all reasonable
expenses incurred by Lender in enforcing the eovenar)ts and agreements of Borrower contained is this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorneyh fee:: and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's iate~rest
in the Property and Borrowai': obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon :*uch
payment sad cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect As if t
no acxekration had oocutred. ;
20. AsdpereN of Rem Appoidsewt of Receiver. As additional security hereunder, Borrower hereby assign to
Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or aban~
ment of the Property. have the right to collect and retain such cent: as they become due and payable. ; ;
Upon acceleation under paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to ha~+e a i
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 rnllected 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 recei~~er's
bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rents actually received.
21. Ftrtrrre Aivat+ces. Upon request by Borrower, Ixnder, 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 t~is
Mortgage when evideacxd by promissory notes stating that said notes are secured hereby. At no time shall the princi
amount of the indebtedness secured by this Mortgage. not including sums advanced in acxordance 6etewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS• . • • • . • • ' ~
22. Release. Upmr payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge t
to Borrower. Borrower shall pay all costs of recordation, if any.
23. AKorsey's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if say,
which may be awardod by an appeliatecourt.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of:
~rtucci , Jr._
Patricia K. Martucci
STATE OF ..........MEW •J~Y Y
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeaied..J.. A...Martueei., .Jr.. artd •PatraGia •K.
. M,artucei,. his .wife to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that..tbey. • : • • • ..executed the same for the purpose therein
expressed. -
i
WITNESS my hand and official seal in the county and state aforesaid this.......Sth ..............day of
..Harsh 19.$p....
My Commission exptres: ~~3~/~
E I~q Public
i
e
- OEOROE W. LIPP, aR.
t ~ . r
lIOTARY P118LlG, Stars d MR YNZ
° Na 52-2373925, SstTol! Cwislr
f'` • Camaissios fs/kM Wreh 7~ l~a
~4 -r. e i
T'rp~„~' ~ (Space Below TAis Line Reserved For Lender snd Recorder)
e ,y '
3 -
- 1 "r z... „ _1
._rr---~
i -
~7tLG,+J..i ~ivl•J~:{:,.~.i ~ li:i l-./Jvlf7~
}
t
i
S
t
C~C
Ftr i
3
• ~ r;l~ x
2926
r ~ 1