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HomeMy WebLinkAbout2614 prior to entry of a judgrrxat arforciag the Mortpge if: (a) Borrower pays Lender all sums which would be tbar due under this Mortpge, the Note sad notes securin8 Future Advances, if any. had ao aocxleration occurred; (b) Borrower curs all breaches of any other eoveaaat: w agreement: of Borrower contained in this INortpp; (e) Borrower pays all reasonable expense incurred by Lender in eaforcirra the oovenagta and agreements of Borrower contained is this MortpBe and in eaforciag Larder's rerrreditx as provided in paragraph 18 hereof, includins, but not limited to. nawaabk attomey~s [ea; and (d) Borrower takes such action as Lander may reasonably require to assure that the lien of this Mortpge, I.ardet's iatecat in the Property sad Borrower's obGption to pay the sums secured by this Mortpge shall continue unimpaired. Upon such payment and can by Bomowar, this Mortpge sad the obliptions secured hereby shall remain in fuU force std eQect ss if no aocekratioo had occurred. b. Aselrases>t of Retabi A~olntsesrt of Receiver. As additional security henuader. Borrower hereby assigns to Lender the Hots of the Property, provided that Borrower shall. prior to aecekratan under puagraph 18 hereof or abandon- ment of the Property. have the right to collect and retain such rents a: they become due and payable. Upon acceleration 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 ants of the Property, including those past due. All Hots rnlkcted by the receiver shall be applied Rrat to payment of the coats of management of the Property and collection of rents, including. but not limited to, receiver a fees, premiums on receiver's bonds and nasonabk attorney's fees, and then to the sums secured by this Mortpge. The receiver shall be liable to account only for those Hats actualty received. 21. IFtittn A1ra•e~ Upon request by Borrower, Lender, at Lemier'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 Mortpge when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the priacipa) amount of the indebtedness secured by this Mortgage, not including sums advancxd in aooordaaoe herewith to protect the security of this Mortpge, exceed the original amount of the Note plus USS. • 22. Rekaee. Upoo payment of all sums secured by the Mortgage, Lender shall release this~Mortpge without charge to Borrower. Borrower shall pay all coats of rocordatan. if-any. 23. Attorsey's Fees. As used in this Mortgage and in the Note, "attorney's foes" shall include attorney's foes. if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower haz executed this Mortgage. Signed, sealed and delivered - in the presence of: •~1.... ....,c ~ ...............(Seal) //Rober t ~T Kar nsQ ~O"°1Me' Y... ~~A%a fr~C-..~ (Seal, Charlene S. Karns ~O"O"e' STATE OF pddgb~~(, , ..1ydSS~Chusetts t .1~,I ,p6(~t~ss: I hereby certify that on this day, before roc, an officer dul uthorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared.. Rpb~ert .T..1Carns .and ~Clrar: l ens S..fCarns.. . 1Li.~ .h?1 f ~ to me known to be the person(s) described in and who executed the - foregoing instrument and acknowledged before me that... Lh~X ......executed the same for the purpose therein expressed. - y= ''i~itL ~v.:; - WITNESS my hand and official seal in the county and state aforesaid this......... l3ih. ~ - ! Max .............................19.80.... :v~F.f~---''''=:. , / +t ~rC ,J~~'sr~- My Commission exprres : 1 Z/i 3 / ~ ~ ~ - ISMQ Ni,gry Hublic ~..r ~ 'h_6- . l t 3,, r- 1:~ i ~~r. _y. t~ pi L A (Spice Below This Lire Reserved For Lender sod Recorder) t ANtfdvi~J ~„~~~..IIJILI I:.ii vu~~lH~ 1980 JUN I i ~ ~ 47 ~T~~~1~10"' CLERK CMCt1fI RECeRB of R1ftE0 ~ } , 48s3u ~ . - 80~(c)t~~ PAGES -