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HomeMy WebLinkAbout1721 - _ t 1k7 - , ' J i ~ prior to entry of a judgment enforcing this Mortgage if: (a) Bonawer pays Lender all sums which would be then due under this Mortgage. the Note sad notes securing Future Advancd, if any. had ao acceleration occurred; (b) Borrower curs t all breaclte: of nay other oovegaats or agreements of Borrower contained is this Mortgage; (c) 8ocrorrer pays all reasonable expenses incurred by Leader in enforcing the covenagts and agreements of Borrower contained in this Mortgage snd is enforcing Lender's remedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney'k fees; and (d) Borrower takes such action as Letxkr may reasonably require to assure that the lien of this Mortpge. Lender's interest in the Property and Bort+ower's obligation to pay the surru secured by this Mortgage shall continue unimpaired. Upot? such payment and cure by Borrower. this Mortgage and the obligations secured hereby shall remain is full force sad effect as if ao aoceleratan had occurred. . Aasl~scot at Realest A~atareNt at RecNvet. As additions! security hereunder. Borrower hereby assigns to - Lender the rents of the Property, provided that Borrower shall, prior to sccekration under paragraph 18 hereof or abandon- ment of the Property. have the right to collect sad retain such rents a< they become due and payable. Upon aocdeation under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by :court to enter upon, take paasession 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 cost: of management of rho Property sad collection of rents, including, but not limited to. receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and than to the sums secured by this Mortgage. 'iLe receiver shalt be liable to account only for those rents actually received. ~ 21. Frtrue Ai~aax~cs. 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 r Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the princi 1 pa amount of the indebtedness secured by this Mortgage, not including sums advanced in aorordanoe herewith to protect the j security of this Mortgage, exceed the original amount of the Note plus USf."'-`-""""""""` ?Z. Release. Upon payment of all sums secured by this Mortgage, Lender shalt release this Mortgage without charge to Borrower. Borrower shalt pay aU costs of recordation, if any. 23. Attoraey'!s Fan. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any, which may be awarded by an appellate court. ` 1(N WI'T'NESS WHEREOF, Borrower has executed this Mortgage, ! Signed, sealed and delivered in the presence of: - . Seal Wi B. Wilder ~ ~ ~-aorr~. des B: wiia~r STATE OF`~ .......~~~'~P.i.~r ~......t?ounty ss: Y hereby certify that on tl+~~ day, before roc, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared. Y~ii~-~.~.t~t4 ~..Wi7~dear..and.. Linda .B..Wilder, . . •~s• TAG • . • • to me known to be the person(s) described in and who executed the foregoing instruasent and acknowledged before me that , they, . , , . ,executed the same for the purpose therein - expressed. ' WITNESS my hand and official seal in the bounty and state aforesaid this....... ~h ....day of .........MAY 19 My C.ommTSSton expires: 3 ~ ,P`' i' V " ~@!!'r~//'' ~ tlot~y Public . . . . N - : r n~rrr~rrr,... lsVece Bebw This Lir.s Reserved For Lender end Recorder) ~1l ht~ y.. ' 1980 ltAY 19 PN 12~ 03 FaEe~~~~HQ ~~cora3 ri S ftO6ER PQITR SA . SL>:RK CIRCUIT T RFCOsti 1'EAiFiF!! - - 4~R69'78 - BOOK~1 PAGE~~ t I