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prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pay: Lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances, if any, had rte acceleration occurred; Ib) Borrower cures
all breaches of any other covenanu or agreements of Borrower contained in this Mortgage: (e) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenagts 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, rcasonabk attorney's fees: and
(d) Borrower takes such action as 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 this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
no accekration had occurred.
20. AsndgrtiaerN of Restr. AppoiMareat of Receiver. 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 Property, have the right to collect and retain such rents as they become due and payabk.
Upon acceleration 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 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 rnllcction of rents, including, but not limited to, receiver's foes. premiums on receiver's
bonds and reasonabk attorney's foss, and then to the sums secured by this Mortgage. 1?te receiver shall be liable to account
only for those rents actwlly received. -
21. Etirtore Advances. Upon request by Borrowet:, 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 arc secured hereby. At no time shall the principal
amount of the indebtedness secured by this Mortgage, not including sums adva_nce_d_in_ac_o_ord_a_nce__he_c_cw_ith__to__p_%t_ec_t_t_he
security of this Mortgage. excYSd the original amount of the Note plus USS.
" 22. Rekau. Upon payment of all 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 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:
,;.~i~s~~~~~~ C~ F'~~ (Seal)
' Wilbert E. Walther -eorror.e?
.t'.d-.? .QC.~..r I/. ~~?'~ti . ~ (Seal)
iG~ -
Irma A. Walther
STATE OF ....................M1SSOgr~.........-`!
Gbunty ofers~n .
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.. Wi~b~Ft Et ,Wa~tj~e,~ .a[?tI. ~XAW .A.. Wi~thes,
- ,h}.S, wife , , , , , , , , , , , , , , , to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that th~Y • • executed the same for the purpose therein
expressed.
• WITNESS my-hand and•official.seal in the county and st to aforesaid this.....18.th ..............day of
September lg 80
10-20-81
MyE~omlrmsien exptres:
- . ~ Nos•ry Public LaVtinne Street
~I.•• 9-23-80
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ad
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'
(Spsce Below This lirN Reserved For Lender and Racoroer)
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" CLERK CtR;.UIi GCGRTD
502564
. g1~x340 P~E1148