Loading...
HomeMy WebLinkAbout0885 1lt`J prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Ndte and notei securing Futuro Advances, if any, had no aoaleration occurred; Ib) Borrower cures all bresches of any other ooveoants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasottsble expeases incurred by Lender in enforcing the covenagts and agreements of Borrower contained is this Mortgage and io enforcing Lender's rett~edies ss provided in paragraph 18 hereof. including. but not limited to, reasonabb attorney's fees; and (d) Borrower takes wch action a: Lenckr may reasonably require to assure that the lien of this Mortgage. Leader's iatetest - in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall oontintre unimpaired. Upoa such payment sad cure by Borrower. this Mortgage and the obligations secured herby shall remain in full forte and effect as if no acceleration had occurred. 26. AadgaseeN of ReritR Appointaaeat of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rcnta of the Property, provided that Borrower shall. prior to aecekntion under paragraph 18 hereof or abandoo- ment of the Property. have the right to rnlkct and retain such rents ss tbey become due and payable. • Upon aooelention under paragraph 18 hereof or abandonment of the Property. Lender 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 rent: of the Property, including those past dix. All Hots collated by the receiver shall be applied first to payment of the casts of management of the Property sad collation 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 Mortgage. 'Ilse receiver shall be liable to account only for those rents actually received. 21. Frtwe Advances. Upon request by Borrower, Lender, at Lender's option within twenty years from the date of thu 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 sauced hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in aooordance herewith to protect the security of this-Mortgage, exceed the original amount of the~Nwe plus USt..""" . ?2. Bekaae. Upuo payment of all sums secured by this- Mortgage. Leader shall rek~e this Mortgage without charge ' to Borrower. Borrower shall pay all costs of recordation. if any. 23. Attotsey'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 Wt'rNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the ptese of: ~ .......(Seal) - Lloy~dl~. _0` Dell Sheila J. O'Dell -°0'fO""` J~~11 STATE OF ~[dmD~, !lid iaaa..... ..................G44tlt~?ss: Cov~?.t y ''zt slrQ, r,.. • I hereby certify that on this day, before me, an oti'ioer duly authorized in the state aforesaid and in the county aforesaid. to take ackrwwledgetnents, personally appeared ...Lloyd . E.. ~'.De 11. ~artid .She i ~ a..l, • 0! Dead•r ....n 1 S. W.i,f,~ to me known to be the person(s) described in and who executed the foregoing instrument and•acknowledgcd before me that.... they .....executed the same for the purpose therein expressed WITNESS my hand and official seal in the county and state aforesaid this....15~#,lt,~. ..............day of ....Augusx 19.. 8Q ~,:.,ii~,,,~ gaptres: q-~R 8 ~ `~~~••'~''••`~~i • P~iC . ' :L rz yf - . ~ r 'x 4• u (Spsce Below This Ling Res•evsd Fq Ltnder sod R~ootdtq , o ealao`l~'3~Z~3rd1QV~ - 1980 SEP 24 lll~ ~ 31 FILEO eNC FECOnDiO ~lNVd1Y0~ 3~Ndi1(1SN1 311110~1I~IH~ S ROGER 0 TRASA- CLERK CIRCUIT COL'Ri/J • 5Up~"~'~ i (1R . BOOK J~7 P~6E 005