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HomeMy WebLinkAbout0870 - - . _ s . ~y. ~ ,,J ~f•- ?~~i•~ it~ C1 prior to entry of a judgment enforcing this Mortpge if: (a) Borrower pays Leader all sums which would be then due undo this Mortpp, the Note and cote:sg Fttt'ot+e Ac)va,~tca, if gay, had no acceleration occurred: ib) Borrower curs all breaches of any other covenants or agreement: of Borrower contained in tha Morega,ge: (e) Borrower pays all rea:onsWe expenses incurred by Leader in enforcing the oovenagts and agreements of Borrower contained is this Mortpge and is enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to. nessonabla attorneyy tea: and (d) Borrower takes such action as Lender may reasonably require to asaur~e that the lien of this Mortpge. Lender's ioterat - in the Property and Borrower's obligation to pay the wms secured by tha Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and .the obligations secured hereby shall remain in fuU force gad Meet as if no accekcation had occurred. 28. Aatlgasnent of Rem Algointwestt of Rerrlrer. As additional security her+euader, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall. prior to acceleration under paragraph 18 hereof a abandon- ment of the Property. have the right to collect and retain such teats as they beoorrtt due gad payabls. Upon acceleation coder paragraph 18 hereof or abandonment of the Property, Leader shall be eodtled to have a r~eeeiver appointed by : oouri to enter upon, take possession of and manage the Property and to collect the teats of the Property. including those past due. All rents collected by the receiver shall bz applied first 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 fees, and then to the sums secured by this Mortpge. The r~oeiver :ball be liable to account only for (hose rents actually received. . 21. Fatrre Aivatacas. Upon request by Borrower. Lender. at Lender's option within twenty yeah from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, 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 aooordanoe herewith to protect the security of tha Mortgage, exceed the original amount of the Note plus USS...... 2t Rekaae. Upgp payment of cep sums. socurod by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. Attorneys Foes. As used in this Mortgage and in the Note. "attorney's fees" shag include attorney's. fees, if gay, which may be awarded by an appellate court. Irt WtTtts?ss Wttettt*oF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: t ...,.e..~...........:.::. Cal -aonowK ~ .'Th s R. Ferguson . c ..(seal - q line T. Ferguso STATE OF 1>~yld~, Connect i-cut . ~ . ....~ylltysr/~e: [hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the oonnty aforesaid to take acknowledgements, personally appeared.. Thomas. R....Feeguson .and . Jac4uel i ae..T..... . F.et'4usan,..h [ s . w3 f~ . . . co the known to be the person(s) described in and who executed the foregoing insirutnent and acknowledged before me that ....they ......executed the same for the purpose therein expressed. WITNESS my hJariid and official seal in the county and state aforesaid , , , , , 22nd . _ . , of _ Y .............19.Sa... ~ y My Commissiq~xperes: APRIL 198~t } ~t, ~ ~s~~ Y,ac'`•,, ~ s : = t :_j ~ oo r. ~ ; ~ Z •n (spew esiorr This LiM R~sMMW Fos LtadM snd Rscawq ~ lr- ,~~e~! ~9'~313 . , , _ _ ~ _ ~ 3-.~,:.0 1980 BUG 26 Ali 9~ S7 r~„ 9TtfU ~~Ci)Utl YtF~LA. R.P 1TRAS ;QIRCUIT COURT . b00~~~ PMGE O'11i7 -