HomeMy WebLinkAbout1696 prior to entry of a judpneat enforcing this Martpge if: (a) Bon~onver pays Lender all wlns which would be rhea due under
chi= Mottgap, the Note aed notes securitt8 Futuro Advaatxs, ii say, had ao aooelention occurred: (b) Borrower cures
all braaclia of say other covalent: or agroemalts of Borrower contained is thk Mortp,e; (o) Borrower pays all reasooabk
expertsa incurred by bender is eaforcint the oovauu)b and asreenlenb o[ Bomowrr contained is this MortB,agt sad is
enforcing Lender's renlodip a: provided in psragraph 18 hereof. inchding, but not limited to. nssoallbie attotrtey?~S fee: sad
(d) Borrower take such action as Leader inay reasonably r+equiro to assure that the lien of this Mortpp. Cadet's iaterest
in the Property sad Borrower's obiipiion to pay the sums secured by this Mortpge :hall ooatiaw uaimpaited. Upon such
paymeat and cure by Borrower, the Mort=ap sad the obiiptiolss secured hereby shad romaia in full form and effect as if
- no aocekration hsd occurred. .
21. Aadgasaerrt aE ANioi¦taseat of .Recdrer. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. providod that Borrower :hall. Prior to atxxkration under paragraph 18 hereof. or abandon-
ment of the Property. have the right to oolkct acct retain such rents as they beoonre due and payable..
Upon accderstion under paragraph 18 hereof or abandonment of the Property. Larder shall be entitled to bsve s
roceiver appointed by a eatrt to enter upon, take possession of and manage the Property sad to collect the tenb of the
Property, including those pau due. All rents collected by the receiver shall be applied first to payment of the coos of
lnanagemeat of-the Property and oolloction of r+erlts, including, but not limited to, receiver's fees, premiums oa receiver's
bonds and res:onsbk attorney's fees, and they to the sums secured by this Mortpge. The receiver shall be liable to account
only for those rents actually rooeived. .
21. Frrtttre Airas><w. Upon request by Borrower. Lender, at Lender's option within twenty years flora the date of the
Mortgages, may make Future Advances to $orrnwer. Such Future Advances, with interest thereon, shall be secured by the
/Alortpge when evideaoed by promissory notes stating that said notes are secured hereby. At rw time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced is soco_
t+danoe berervith to protect the
security of this Mortgsge, exceed the original amount of the Note plus US=
22. R Uposr payment of all scans securod by this Mortgage, Leader shall release this Mortgap without charge
to Borrower~b~orrower shall pay all costs of recordation. if any.
22, Atlorsey'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 court. .
I1V WITNESS WHEREOF, Borrower has executed this Mortgage.-
Signed, sealed and delivered -
in the presence of: .
_
.................(Seal)
. • ~Iolrowsr
M. e~'nste
..(Seal)
Marilyn Metnstein ~ ~0"O1N"
STATE Oli~~~~, New..\leCSey ...was:
I hereby certify that on this day, before me, an office ul~+ authorised in the state aforesaid and in the county
aforesaid to take acknowledgements, personalty appeared.. Na.1.tQO.l1,. l~t~~,nSteln. and .!lar3.lyn .Mef nsxei n, -
h i s ,wife to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that... ih~y.......executed the same for the purpose then+ein
ezptessed.
WITNESS my hand and official seal in the county and state aforesaid this.. ]O.th ..................day of-
~VIY ..........................19..80..
My Commigslon eatptres:
. ,\,„INI~~hI/,',,rte.
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_ glow This l.kn Rossrv~d For e~rldor sne Rooo1MM
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CHICAGO T1TLE INSURA^:CE COMPP?N
~~E ~ PE~Y.f A. 2717 O~^10~ AVENUE
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~ SORT PIERCE, F<.ORtDA 33d`'~
QECORD YERIf1E0 .
49.4089 -
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' • BOOK ~5 PAGf
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