HomeMy WebLinkAbout1302 tf +
t
prior to entry of a judgment enforcing this..~lortgage if:• (p) Borrower pays Lender all corm which would be then due under
this Mortgage, the Note and notes seething Future AdlAnees, if any, had no aocelenltion occurred; (b) Borrower cures
all breaches of any other oovenanta or agreements of Borrower contained in this Mortgage; (e) Borrower pays all reasonable
expenses incurred by Leader in enforcing the covenat,ts and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to. reasonable attorney's tees; and
(d) Borrower takes such action ss Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest -
in the Property and Borrower's obligation to pay the sums secured by thh Mortgage shag continue utdmpaired. Upon such ~ "
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as it
no acceleration had occurred.
20. Assig~tseat of Rem AppoiMlslest of Receiver. As additional security hereunder, Borrower hereby assigns to
Lrnder the rents of the Property. provided that Borrower shall. prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect snd retain such rents as they become due and payable. 1
Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender shag be entitled to have a
receiver appointed by a court to enter upon, take possession 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 .
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. 171e receiver shall be liable to account
only for those rents actually rctxived.
Zl. Fa>tirs Advance's. 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 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 accordance herewith to proteM the
security of this Mortgage. exceed the original amount of the Note plus USS• '
22. Relate. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU costs of recordation, if gay.
23. Atoorsey's Fees. As used in this Mortgage and in the Note, "attorney's fees° shall include attorney's fees. if any,
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, scaled and delivered
in the Dresence of:
G ,
.........(Seal)
~J . . GM.~/.
2J (Seal)
Louise M. Jones~• -80fO11"
_ 1////L
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared..T?-~thy•L. Jones and, Lauise•M., Jonesa,,,
• • his wife. • • • • • • • . • • • • • • • . • • • , • • , to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that..~?~Y........executed the same for the purpose therein
expressed. .
i
~ :.3 eaT-- ~ ~3
~ WITNESS my hand and official seal in the county and state aforesaid this . day of
My Commission cxplres: ~ ` L t • r?y~ ~ ~
STEVE J. BALAC~ • ~~';a ~
, _ = ~ , , ~ :
!t +rn~ R~ • ? VICE CONSUL 0~.~~ ° .
F"
ctrv ~ F Icn •~.,ov UI~REDS'PATFS~ M"f~.•'~.~,-#r,6.~
. - ,r I
r.Mt3.1j~Y OF THI? SS~ ~.-~4s
UNITED STA?i! OF ,r..~ ,
~ 1 ~ `~asi~ s`'
.
r (Specs Below TAis Line Reserved For l.a~der snd ReoorOeh
O(j+.L~~' tis'*I~,rn-r 1 r7'~~~~r" 1 -l~rn ~
rte,. s 7
- z
SAP 25 f`t Z~
?"~IEC Ili[' ~rCGriM`0
''~f ~ Rl)GE€R
t'~0 TRAS~~
` CLf:RK CIRCUlT COI.'it
~~913
I
f
~~jj
• DiH~(~ P1GE~e;1V~r
-