HomeMy WebLinkAbout1732 Priot ro entry of a jud8ntent aatordrt8 this Mortpe if: (a) Borrower pays mender all stun which would be then due under
this Mort~e, the Note sad notes securin8 Future Advances, it say, had rto aocekntion oocurrod; (b) Borto~arer curs
all breaches of say other covenants or a8reattents of Borrower ooatained in this MortBye; (e) Bonnwer pays all ressonable
expeasea incurred by IAnder in entorriag the oovenarits acd a8reanenb of Bon+oarer oos?taiaed in this Mottgap and is {
atforan8 Leader's remedies as provided in parapaph 18 heraot, inchdin8, but not limited to. reasonabb attomey?"s fee: and 6
(d) Borrower take such action a Larder may reasonably roquin to assuro that the list of this Mortpp, Leodar's iaterat
in the Property and Borrower~a obliption to pay the stun secured by thb Mortpge shall ooatittue tsAimpairnd. Upon such
WY~t sad cure by Bon+ower, this Mortpge and the obliptioas sacurod hereby shsp ranaia in fuq force and eQect as if
ao aooeleratioa had oocurt+od.
2B. Assipntent et Rasbi ~ of ReeeHet. As additional secuuity hereunder. Borrower hereby assipu to
lender the rrnts of the Property. provided that Borrower shag. Prior to aooeteration under paragraph 18 hereof or abaadaa-
ment of the Property. have the ri8ht to collect and r+etaia :itch r+eat: as they become due and payable.
Upon aooderation tutder paragraph 18 heroof or abandonment of the Property, Lender shall be eatitbd to have a
receiver appoiatod by a Dotal to enter upon, take posseaiort of and manage the property rod to collect the. Hats o[ the
Property. iacltdiag those past due. All rents ootbded by the receiver shall be applied Arst to payment of the costs of
maoagemeut of the Property and collection of r+eab. including, but act limited to, receiver's fns, premiums oa receiver's
bench sad reasonable attorneys fee; sad then to the :tuns secured by this Mortgsge. The receiver shall be Babb to aooouM
Doty for those teats actually reoeivod. -
21. ~ Advaexw. Upon roquat by Borrower. Lender. at i,ender's option within tw~eaty years from the date of this
Mortgage, may stake >tieture Advance: to Borrower. Such )mature Advances, with interest thereon, shall be secured by this
Mortgage whoa evideooed by promissory sots stating that said notes ire secured hereby. At no time shall the principal
amount of the irdebted~rtas secured by this Mortgage, not including stun advanced in aooordanoe berew_ ith eo protect the
security of this Mortgage, exceed the original amount of the Note plus USf
Release. Upga Payment of all sums secured by this Mortgage, Leader shall release this Mortgage without charge
to Borrower. Borrower shall pay au oasts of recordation. ii any.
23. Attoraep's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall iactude attonrey's [ees, if any,
which may be awarded by as appellate court.
Irt WtTNess WttEREOF, Horroreer has executed this Mortgage.
Signcd, sealed and delivered
in the pcraence of: .
Cr.AR.O~I. M. 6. AID%IRiI%~
R'ob/er~t G. Wi 1 l~et~ ~ -~0f°'"'r
i:ila~..0...~E ~ .~f,,~.tG~sr ftiF.-tZCR. ?!~7. rF~~:l~~.....(S~
Berna~d/i n~'ey~Wi 11 et ~OfON''r
STATE OF r'Y~~/~s .....M I Eh~(1an . , . !y!~ S~.oM~ . ~t~A~?T! . ~'7'77'/~I
I hereby cxrtify that on this day, )before me, an o>l"icer duly authorized in the state afonaaid and in the county
aforesaid to take acknowledgemaats, personally appeared.. Rob~.rt:.G.. W.i,1.Let .and 8et:aadj rte W[ l 1 et•,•
. t~i~ .wife . to me known to be the person(s) described in and who execoted the
foregoing inatrtuneat and acknowledged before me that... they ......executed the same for the purpose therein
ezpressod. -
WITNESS my hand and official seal in the county and state aforesaid thy.... 18th ...............day o[
......iuty ........................19.80.... -
My commssig~ 3~as~8~y/
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t'
lSp~ alow.This Ltn~ RaswrW Far t~andK sad R~OOed~q
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CE. F ~~~OP 3
'OB#I~CUIT CWRfI _ FOR-( P?ER
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