HomeMy WebLinkAbout1335 TIlls INSTRUMENT PREPARED 8Y
EMORY C. JOf2UAN, t t I
McGEE, JOHNSON, JORDAN, f IUTCHESCN L YOUNQ P.A.
~iT FEDERAL SAYINOfi a LOAN At.µ'f~15TRnTiv[ G[tfr[R
2601 10TH AVLNUE. N.
T i 4R1 A J34At
prior to entry of a judgment rnfutcing this Mortgage if : t a) Borrower pays LcnJcr all sums wh4t~6v~u9c~ ~ tken ~ue under
this Mortgage, the Note and notes srcunng Future Advance.. if any, had no acceleration occurred: tb1 Borrower cures
all breaches of any other covenants or agrrenunts of Borrower contained in this Mortgage; Ic) Borrower pays all reasonable
expenses 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 IK hereof, including, but not fimited to, reasonable attorney's fees; and
(d) Borrower takes such action as lender may reasonably require to assure that tht)ien of this Mortgage, Lender's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall rnntinue unimpaired. Upon such
p;iyment and cure by Borrower, this I~iortgage and the obligations secured hereby shall remain in full force and effect as if
nu Icceleration had occurred.
20. Assignment of Rears; Appointment of Receiver. As additional security hereunder, Borrower hereby assigns to
I.cnder the rents of the Property, provide) that Born~wer 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.
Upun acceleration under paragraph I8 hereof or abandonment of the Property, I~nder 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
Property, including those past due. All rents collected by the receiver shall be applied first to payment of the costs of
management of the Property and collection of rents, including, but not limited to, receiver's tees, premiums on receiver's
bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. "171e receiver shall be liable to account
only for those rents actually received.
21. Future Advances. Upon request by Borrov?•er, 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 therrnn, shall be secured 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 advanced in accordance herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS • 21,10II.00
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, it any.
23. Attorney's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's tees. if any,
which may be awarded by an appellate court.
IN WITNESS WtIEREOF, Borrower has executed this Mortgage.
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Signed, sealed and delivered " C ~
in the presence of: ........(Seal)
~ ~ ' leph C. Coppini
. ~ . ~i ~ C t-~~C/ ~ ~a..~J . C . .u?~-J (Seal)
-1' ~•f'r/'
Mary Lou~oppini -s«*ow.r
J /7 -
it: tv. 1..G'+. ~i
r4 t (Seal)
Cl Coppini -eo.r~r..
STATE OF FLORIDA . C~~:::7~:: (Seal)
Paula La Bree
I hereby certify that on this day, before mc, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared JOSF,pg, C... &QEpIDTi, .MARY .LOU. COPEINI ~ B/W
..C1rAUDIA: l~APEINI. PAULA .LaBRE$ to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that ..............executed the same for the purpose therein
expressed. -
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WITNESS my hand and official seal in the county and state aforesaid this..........25TH..........day of
.....JULY 19 gp . .
My Commission expires: / • ~`,f/.. .
.?s,
I NoTA~,t~'~~ STS: ~ _r. I_:;::c: .
~ ~ E,;; s.inn. 31,1%34 Notary puelic
Zia. ~ y" A S
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(Spate Below This Line Reserved For Lender end Recorder)
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t STATE OF ILLINOIS 1
~ COUNTY OF COOK
E
4 The foregoing instrt>ment was acknowledged before me
this 25TH day of JULY , 1980, by JOSEPA C. COPPINI and MARY LOU COPPINI,
his Wife; CLAUDIA COPPINI an PAULA LaBRBE, both single persons.
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.',~.•Cvu~.ss~oii:expires: . • . • Notary Public
~ '~~~$~c~iR~S, 1V(AR. ~1 199•
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• BIX)K~ pacEi~33
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