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HomeMy WebLinkAbout0873 ` ~ X . prior to entry of a judgment enforcing this Mortgage if: (a) Borroww pay: Lender all sums which would be then due under -phis Mortgage, the Note and note securing Futuro A~vanoi;s, if any, had no aoakration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained is this Mortgage; (c) Borroww pays all res:oaable expenses incurred by Leodw in enforcing the covenants ayid agroemeats of Bormrrer contained in this Mortgage and is enforcing Lender's remedies as provided in paragaph 18 hereof, including, but not limited to, reasonable attorney's fee; gad (d) Sorroww take wch action as Lender may reasonably require to asaun that the lien of this Mortpge. Lrodw's iaterat in the Property and Borroww's obligation to pay the sums secured by this Mortgage shall continuo unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain is fuU force and elect as i[ no aceekration had occurtod. 20. AadgurseN of Rents; Appohrtarerat of Reeeirer. As additional security hereunder, Borrower hereby assigns to lender the rents of the Property. provided that Borrower shall. prior to acceleration under paragraph 18 hereof or abandon- ment of the ~ .have the right to collect and retain such rents az they become due and payable. Upon accelera ' under paragraph 18 hereof or abandonment of the Property. Lender shall be entitled to have a roceiver appanted- a court to enter upon, take possession of and manage the Property gad to collect the reefs of the Property, including those past due. All rents collected by the receiver shall be applies! Srst to payment of the coats of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver i bonds and reasonable attorney's foes. and then to the sums secured by this Mortgage. 71re reoeivw shall be liable to account only for those vents actually received. 21. Ftitore Advalscts. Upon request by Borrower. Lender. at Lenders 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 the 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 her+ewitb to protect the security of this Mortgage, exceed the original amount of the Note plus USt-r.----:.r:--z-:rr.~+~rra+.. Z2. Rekaae. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all coat's of recordation, if any. 23. Attoroep's Fees. As used in this Mortgage and in the Note, "attorney's fess° shall include attorney's fees, if any, which may be awarded by an appellate court. 7N WITNESS WHEREOF, Borrower has executed this Mortgage. - - Signed, scaled artd delivered in the Dtesence of: . a.T.:. • . y.! f • • (Seal) ~ Rag F. Kishel ....(Seal) Bernice A. Kishel STATE of ~1r61(rbl~, .....N [ oneso?ta . i . ~M1fIf1~ I hereby certi[y that on this day, before me. an officer duly authorized in the state aforesaid gad in the county aforesaid to take acknowledgements,-personally appeared...Ra~ph .F.. Kishel •actd• B~rntee. A........... . _Kishel , . ~ti;s, ~i,fg, , , , to me known to be the person(s) described in and who executed the foregoing instruanent and acknowledged before me that...tbey.......executed the same for the purpose therein II ~ expressed. f j WITNESS my hand and official seal in the county and state aforesaid this..... 11 th , , , , , , , , , , , , , ,may ~ Augu~~. . ................19.$0.... ~ ~ • '-ti, ' .r ' tSpece Below This LiM Reserved Fot Lender end Reoo~ ~ i~EE ealao7~ '3~a3fd 12!03 . 3f1R.'Ay iJc~y>~0 LtLZ (9~0 SAP 24 AK 3= 28 JINddW00 3~Nd21(15N1 31111 OOb01H~ FILEO I?NC FECORt?t U = 5 ROGER POITRAS~• r CLERK CIRCUIT CCl'R ltECOR~ YERlF;E7._~ ~ 5006'~1 . I ~ eon ~ racE 8~ i