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HomeMy WebLinkAbout1074 - 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 Note and notes securing Flrtttro Advances, if any,. had no acceleration occurredt f b) Botroarer eura all breaches of any other covenant: or agreements of Borrower contained in this Mortgage: (e) Borrower pays all ra~sonable expenses incurred by Lender in enforcing the eovenagts and agreements of Borrower contained in this Mortgage and la ~ enforcing Lender's remedies as provided in paragraph 18 hereof. including, but not limited to. reasonable attomey"s foes: and ~ (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interat in the Property gad Borronver'e obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations stcured hereby shall remain in full fora and effect as if no aoakration had occurred. 2t. Asdgsratd a[ Resrbl AppoirttrseN of Receiver. As additional sceurity hereunder, Borrower hereby assigra to Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon- 4 ment of the Property. have the right to collect and retain such rent: as they become due -and payable. { 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 and to rnlkct the rents of the Property, including those past due. All rents rnlkcted by the receiver shall be applied first to payment of the costs of management of the Property and rnllection of rents, including. but not limited to, receiver's fees, premiums on rxeiver s bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. 7Ue receiver shall be.liable to account ~ only for those rents actually received. - 21. Ratare Advaiets. Upon request by Borrower, Lender, at Lender's option within twenty yews 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 sxured hereby. At no time shall the principal ~ amount of the indebtedness secured by this Mortgage, not including sums advana:d in aonordanoe herewith to protect the ; security of this Mortgage, exceed the original amount of the Note plus USS.~~- .......--r.--.. ~ 22. Relate. Uprin paymeot of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay aU costs of recordation. if any. - 23. Atto~sep's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's foes, if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. i Signed, sealed and delivere_ d ~ i in the vresence of: / !.r . G~ lC~........... (Seal) ! s J. Buratti• ,c~,~/. ~ . ~~y~%~.~ :~.,.Q.r ~ ~~.ni-...... ~ (Seal) ~ San ra M. Buratti - • c STATE OF ~~~~.........V.11;$1D~8.~ .f~b~ti~?~s~: 1 1 hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared. J~toes .J.. ~t3IStt1. azid .Sandra 2i• .$Y]<s1~~ls . ~ ..:his. taife to me known to be the person(s) described in and who executed the ~ foregoing instrument and acknowledged before me that.. xhey.......executed the same for the purpose therein R expressed. : WITNESS my hand and official seal in the county and state aforesaid this.......... ?.5lth .........day of - ~ ...September 19. 8dQ - - ~ My Commission expues: , / ~ , /i t'1 ~ 1, t' 4~' ' ~ ' ~~i~ i r iY iii p ~t4X ~y~S~~2:.... ~~'~t Y ~~'ykHt n~~N,,`` i (Baste 8siow This line Ressrvsd For Lender and RscadM - x ~n~,..::: ~ _ . « ~©A~~ ~Nbdir~r0~ 3 ;'i~tidfi~ivt 3'lill O~~f~IliJ ~9~0 oc~ 22 e~ o~ E FItCG RNC CUr<:~F~ F .1.LUClE CC~NlY.FI ROGER POITRAS_ CIERK CIRCW? CCiJ%• 8ooicJ41 paGEl072 ~~,f,~\F~~ii%"_. - ~ { _ ~ t r