Loading...
HomeMy WebLinkAbout1080 prior to entry of a judgment enforcing this Mortpge if: (a) Borrower pay: Lender all sums which would be then due under this MortABe, the Note and notes securing Future Advances, if any, hsd no aoakralioa otxttrrod; f b) Borrower curs all breaches of any other eovettants or agroements of Borrower oontaiaod in this Mortpge: (e) Borrower pays all res:oaabk expenses incurred by Leader in enforcing file cov4asgts and agroemeab of Borrower contained is this Mortgage and is enforcing Letder's rettsedia as provided in P~fPajlh.tlr8 hereof, including, but not limited to, reasonable attorney~t fees: and - (d) Borrower takes such action as bender may ttiasonably require to assures that the lien of the Mortgage, Leader's interest in the Property and Borrower's obliption to pay the sums secured by this Mortgage shaq continue unimpaired. Upon such payttxnt and titre by. Borrower, this Mortpge and the obliptiotrs secured hereby shall remain in full fora sad effect as if ao aoeekratioa had oocutrod. . 21. Asska¦~t of Restbi A~oitgrtent of Receiver. As additional security hereunder, Borroww hereby assigtrs to Lrntier the teats of the Property. provided that Borrower shall. Prior to atxekcatioa.under paragraph 18 hereof or abandon-. meat of the Property. have fire right. to collect aced r+daia such teats a< they become due sad payable. Upon acosleration ender paagraph 18 ha+eot br abandonment of the Property. Larder :ltaq be certified to have a receiver. appointed by a txwrt to enter upon, take possession of and manage the Property and to collect the rents of the Property, inchding those pest due. All rents collected by the receiver shall be applied first to payment of the costs of manatearent of the Property and collection of rents, including, but not limited to. reaivw's fees. praniutrrs on rtxeiver's bonds and reasonable attorney's foes, and then to the sums securai~by this Mortgsge. The receiver shall be liable to account only for those rents .actually reaivod. 21. I~rtare AivaKC+a. Upon requte~t by Borrower. Lender, at Lender's option within twenty years from the date of the Mortgage,-may make Future Advances to Bomower. Stich Future Advances. with iuta+at thereon. shall be secured by the _ Mortgage when evideooed by promissory tortes stating that said notes are secured hat:by. At fro time shall the principal amount of the indebtedoea secured by this Mortgage, trot including sutras advanced in aooordanoe herewith to ptotect the security of this Mortgage, exooed the original amount of the Note plus USt. 22. Release. Uptto paynxat of aq wau secured by this Mortgage, leader shall rtdease this~Matgage without charge to Borrower. Borrower shall pay al! costs of recordation. if any. 23. Ago~ey'a Fes. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's ftxs, if' soy. which may be awardod by as appellate court. IN WtTHESS WHEREOF, Borrower has exet:uted this Mortgage. i~ C?"T 22 i'~ ~ ~ silted, sea,ea and aetive~ea 504362 ~ j,,~ «-ctt+Nt o in the prtxent:e of: - ;:.lUC1F tt)WtTY.t t a. J ~ _ Fii06ER f OITRAS RK Ctlttl,'tT CoI:RT _ _ ~~.~y~ . ~ Ger ~ ~ on .-aont+ui ~ •r'. ~...(st~ .Margaret ' on oD GGlar4X~°"p"!".. UND/l D~ WIlHEli1~ STATE OF , , , , , Ntwr , Jesse _ NOTARY PUE<UC S~:k4E AF tq.R1N, JRP, SEY . 3! j' My Commission Expir,'eE March-9, 1983 I hereby certify that on this day. before me, an o ar duly in the state afor+essaid and is tl~e oottnty I'~ aforesaid to take acknowledgemt:nts, personally apptared. ~~~d. MttktQR..-a ~t~Cd+~~..t~Ah, . _ , . to me known to be the person(s) tiescribod is and who executed the foregoing instrument and ackrwwledged before me that..... .......extxutod the satue for the purpose therein expressed. i ~ -.,,,L wrtrur~s my hand and. official seal in th~county and state aforesaid this.....~•?~h .............:.day M ~~?'ts~9r 19. _ , 'My Codtrnission exptres: - ~~ti~a... _ n. t - ~ . g ~ [sae rsotae~r PYotie 1 r ll~ 7A D. Yl1.NELM f ~ ~ ~ NOTARY PUEI!~ STATE OF \i:VI JERSEY . ;s' - • ; Ldr Commission Expires March 9.19$3 I~ t ~tat2 -ot 4~a[itornia ss Q'Lountp of ._LDs ANGELES -ACKNOWLEDGMENT -General - ®n thig 23rd ~y of SEPTEMBER A. D. 19~before me, ~ ~ o Notary Public in and for the said ~ - County and State, residing therein, duly eommisaioned and sworn, personally _~'1,;,:~ ;~-j•~ n appeared MARGARET MAHON . a ma r r i ed woman , ~ " k ~ ~ known to me to be the person whose -name is subaeribed to the _ ~ t within Instrument. and acknowledged to me thatdte executed the acme. F v •-:~.t• ,~tr,• ~n ~itnegg ~ trtot, I have hereunto set m hand and a y 4 o~ ~ : - ` - h Y f fixed m official . ~ seal the day and year in this Ce tificate'~ir~t oboue 'tten. ~BN~ P1~ ! JVota Public in and or raid Count and ~ ?y / y Slole ojColtjo?nto i My Commission Expiry March 18, 1983 _ Hn t 2~to t n+o • . - -