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HomeMy WebLinkAbout1055 v - ~ ~ ~ - ~ prior to entry of a jtrdgntettt enforcing this Mortpte if: (s) Borrower pays Lender all sums which would ba then due under this Mortgages, the Note sad notes secutins puturc Advances, if any, had ra aooeleration occurred; (b) Borrower cures all breaches of any other eoveaants or agreement: of Borrower contained is this Mortgage; (c) Borrower pays all reasonable expenses incurred by Lender is taforciag the oovenagts and agreements of Borrower contained is this Mortgage and in en[orcing Lender's remedies as provided in paragraph 18 ht:reof, including, but not limited to, rea:oaabk attorney's fees; and (d) Borrower takes such action as bender may reasonably roquire to assure that the lien of this Mortgage, Leader'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 is full for+oe sad effect as if no aocekratioa had occurred. - 20. AsdpaseM o[ Res~lr. A~oirlt~eN of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the mtts of the Property, provided that Borrower shall. prior to acceleration under parsgraph 18 hereo[ or abandon- ment of the Property. have the right to collect and retain such rents as they become due.aad payable. 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 fiat to payment of the costs of management of the Property and cellection of rents, including, but not limited to. receiver's fees, premium on receivers bonds sad reasonable attorney's fees. and then to the sum secured by this Mortgage. The reeceiver shall be liable to account only for those rents actually received. 21. Fa~sre Aava¦cer. Upon request by Borrower, Lender. at Lender's 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 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 sum advanced in aeoordanoe herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS... Z2. Rekttse. Upga 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. Altora~ey's Fees. As used in this Mortgage and in the Note, "attorney's foes" shall include attorney's foes. if say, which may be awarded by as appellate court. iN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered - _ in the presence of: - - ` ~ r 1 , ................(Seal) . - / • 'min ar i a/k/a H. Garcia r!. ......(Seal) ~ de•d .Garcia = -a"~~ STATE OF/~U6'i1tLdA!, ~ SS: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid sad in the cottttty aforesaid to take acknowledgements, personally sppeared . He rtn! ~~Q ~~r4 j pP.d M? Y-j 1 de .d~ . ~pl'c i,~ . - his . w1.f>~ to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that. , they _ . , ,executed the same for the purpose therein } f expressed. WITNESS my hand and official seal-in the county and state aforesaid this. 26th. • . . . of ~ .August 19. $Q Y i i MY Commission expues: o,,,?~r.`~t~~~:u<<+~.r I CHICAGO Tii[_E I?`,^ _ s i-.. 27I; r, r- - : ^ ~ Y +10~i/11o1 trout SIAiE os N~a AT 1/1R'iE ? 9 '2 ~ ~o FORT PicR~ti. • - • ~ , ~ ^ . - tIR mtMtSStolt ExltRfS ati+s. s pia " . ~y OOf~/ 1~14~K !li . 11i79~i1d ~~~'~a~~~ ` ~ i (Space Below This Lina Rasarvad For Lender and Raoaedsq / ~ ! F j ~ - 19~Q CCt 22 !+T'I !I~ ~:5 a Fr1.E0 alit FrCRr:'.t=1 sr.tuct covxr•r.Ft~?. . ROGER POITR/:S CLERK CIRCUIT COli i s I - t i I SU4349 t - - X341 P~~E1t~5 f . :s ~ _ - - _ - - - -