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HomeMy WebLinkAbout0753 i r , 1 • . prior to entry of a judgnteat enforcing this Mortga~ if:- (a) Borrower pays Lender all wm: which would be then due under this Mortgage, the Note and notes securing Future Advances, if any. had no aooekation occurred; Ib) Borrower true all breaches of arty other covenants or agreements of Borrov~rer contained in this Mortgage: (c) Borrower pays all reasonable expenses Incurred by Leader is eaforciag the oovenagts and agreements o[ Borrower contained is the Mortgage and is eafotciag Lender's nmodia as provided in paragraph 18 hereof. including; but not limited to. reawaable attorney'a tea: gad (d) Borrower takes such action as Larder may reasonably require to assure that the lien of this Mortgage, Fender's interest in the Property gad Borrower"s'obligation to pay the surtts secured by ibis Mortpge ahaQ continua unimpaired. Upon such payment gad cure by Borrower, this Mortgage and the obligations secured hereby shall amain is fuq foroe and effect ss if no aooekntioa had occurred. Z8. AastpnteM a[ Resrlf; Aploints~seN of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property. Provided that Borrower shall. prior to aoakratan under paragraph 18 hereof or abandon- ment of the Property. have the right to collect gad retain such rents az they become due utd payable. Upon acodention under paragraph 18 hereof or abandonment of the Property, Lender chap be entitled to have a receiver appointed by a court to enter upon, take poasasion of and manage the Property gad 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 - msnagement of the Property and collection of rents. including. but not limited to. receiver's fees, premiums on Waiver s bonds and reasoaabk attorney's fees. and then to the sums secured by this Mortgage. 'Ilte receiver shall be liable to account only for thane vents actually received. 21. Frtare Advaneett. Upon request by Borrower. Lender. at Lender's option within twenty years front the date of this Mortgage. may make Future Advances to. Borrower. Such Future Advances, with interest thereon, shall be secured by the Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At rte time shall the principal amount of the indebtedaas sxurod by this Mortgage, not including sums advanced in aooordartce herewith td protect the security of this Mortgage. exceed the original amount of the Note plus USS. - T2. Release. Upon payment of aU 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 Rea. As used in this Mortgage and in the Note. "attorney's Etas" shall include attorney's fees, if gay. which may be awarded by an appellate court. IN WITNESS WHEREOF, i3ornower has executed this Mortgage. Signed, sealed and delivered in the presence of: Vi frog T. Garth i to BO"O"" ..1~.~,,~,~ . G.~.;~-t~..~...T.. ~:..:(Sal, - STATE OF ~~1~......... J OWa i ......................Q~dilil(1/~a: J C~ 1'~/~[ SO n/ ! I hereby certify that on this day, before me, an ofFc:er duly authorized in the state aforesaid and in tbe county I' afcresaid to take acknowledgements, personally appeared..Vi float .t..GarihMraite,. art .urxaarr.ied . YrtQI0aO to me known to be the person(s) described in and who executed the foregoing instrument and acknow~edgcd before me that...... she ....executed the same for the purpose therein expressed. - i WITNESS my hand and oiBcial seal in the county and state aforesaid this.......lsth ...day of ...August 19..80... iuion cxprres: n _ _ a 3 ~ y ~!v ~ ~ \ ~J' s l,+Y'~ R ~ o Notatry Public 11 . ~ (SOscs esrOSr TAis LiM Rssswsd FOr Lendst sad Rsoordsrf - v°~a~i.~ ~~a~ia 190 SFP 24 ~ ~ 0 I ~t~bdwa~ ~:,nldansNi 3111.1 o~e~iH~ FILCD tNf Ff CifROs U ' ~ SLIUCIE COJIr(Y.FI.L k ~ ROGER POITRAS P CLERK CIRCUIT C~I:RT ~ kECORp r[Plsl~e~. i ' 500611 . ~ - X339 P~ 7 ~3 - .