HomeMy WebLinkAbout0949 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 no acceleration occurred: (b) Borrower cures
all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
txpettses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interat
in the Properly and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower. this Mortgage and the obligations secured hereby shall remain in full force and effect as it
no acceleration had occurred.
20. Assignment of Rents; Appoiatmest .ot Receiver. As additional security hereunder, Borrower hereby .assigns to
Lender the rents of the Properly. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property. have the right to collect and retain such rents as they become due and payable.
Upon acceleration under paragraph 18 hereof or abandonment o[ 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
Properly, including those past due. All rents collected by the receiver shall be applied bat to payment of the costs of
management of the Property and collection of rents, including, but not limited to. receiver's fees, premiums on receiver's
bonds and reasonable attorney's foes, and then to the sums secured by this Mortgage. The receiver shall be liable to account
only for those rents actually received.
21. Future Advaacea. Upon request by Borrower, Lender, at Lender's option within twenty yeas from the date of this
Mortgage, may make Future Advances to Borrower. Such Future Advances. with interest thereon, shall be secureA by this
Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums adv aced in acxordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS ~ • • • • • • •
22. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attorney's Fees. 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 coup.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the Dresence of:
(seal)
Leonard F. Beford -a«rowK
- • ~ ~ - ~ • • - ~elen F. Beford -ao??ow..
H
~~N~t~~~~l~l COI~IONWEALTB OF MASSACAiTS~y BARNSTABLE
. .
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the cottnty
aforesaid to take acknowledgements, personally appeared.. i~d Ff•
hi,$ .wife.. - • . . to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that th~Y ......executed the same for the purpose therein
expressed.
j WITNESS my hand and official seal in the county and state aforesaid thi5.~.~4~~Y. - • . - - -day of
My C,q
~rys~Q~eapires: May 2, 1986.
_ ~ . .....:~~44-r. .
_ , J cqu ine A. Moore -7
a ; ~ 00 rinera Lane, Falmouth MA 02540
G~ae'rrs ' j~
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C a
(Spste Below This Line Reserved For Lender and Reoorderl
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