HomeMy WebLinkAbout0879 prior to entry of a judgment enforcing tha Mortgage if:~~(a) Borrower pays !.ender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances. if any. had no aoaleration occurred; lb) Borrower cures
all breaches of any other covenants or agreements of Borrower contained is this Mortgage; (e) Borrowu pays all reasonable
expenses incurred by Leader in ea[orcing the oovenat)ts and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hercot, including. but not limited to, reasonable attorney's fea; and
(d) Borrower takes such action as Lender may reasonably. require to assuri: that the lien of th4 Mortpge, Lettder't interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower. this Mortgage and the obligations secured herby shall remain in fuU force sad effect u iI
no acceleration had occurnd.
20. Asdgs>otesg of Ret~ Appointment of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property, provided that Borrower shall, prior to acceleration uttckr paragraph 18 hereof or abandon-
ment of the Property, have the right to collect and retain such rents ss they become due sad payable.
Upon acceleration under paragraph 18 hereof or abandonment of the Property, mender shall be entitled to have a
receiver appointed by a court to enter upon. take possession of and manage the Property sad 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 fees. premiums on receiver's
bonds and reasonable attorney's foes. and then to the sums secured by this Mortgage. 'Ibe receiver shall be liable to account
only for those rents actually received.
21. Ft~tore Advances. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of this
Mortgage. may make Future Advances to Borrower. Such Future Advances. with iateresC thereon, shall be secured by this
Mortgage when evideooed by promissory notes stating that said notes are secured hereby. At ao time shall the principal
amount of the indebtedness secured by this Mortgage. not including sums advanced in sooordanoi: herewith to protect the
security of this Mortgage. exceed the original amount o[ the Note plus USf.______________________• -
22. Release. UpQa payment of all sums secured by this Mortgage, lender shall release thn•Mortgage without charge
to Borrower. Borrower shall pay aU costs of recordation. if any.
23. Attorney's Fees. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees. if any,
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presence of: •
l ~ E._r~t N. Mannino
~lie~A. ~Mennin~ -~wrow.r
t
(Seal)
~l ' . / ( _ G 1 Ernes t ~ Jo n Mann i no -eo~~r..
' I herrby certify that on this day, before roc, an officer duly authorized in the state aforesaid and in the county
li aforesaid to cake acknowledgements. personally appeared.Ernest, N., Mannino and Luc i_l l e, A.. Mann i nod h i s
j wife, . arse .~n~l~~Si~~h~?~avni ~14..~4...., to me known to be the person(s) described ~in and who executed the -
foregoing Instrument an acknowledg~~c1 before me that theY......executed the same~for the purpose therein
expressed.
~,~c 2?nd
f W ~IY;1ftW~•I•!sd otfcial seal in t e county and state aforesaid this..... ..............day of
M~~: N e~p~~• ~ 1 ~ ?
.
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R(mMis~itOe, D.C. 20L1! Duk~~:~ S.aati ~~fi:ce Ra:;:...g
WalLu~gt~n, V.L. 20510
(Spite Below This liM Reserved For Lender snd Recorder)
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S1.LIICIE CGUNTY.Ft A.
ROGER POITRAS
CLERK CIRCUIT CGURT
5006'74
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