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HomeMy WebLinkAbout1094 - ' ~ i + a prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under this Mortgages, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures .all breaches of any other eovetuttt or agreement of Borrower contained in this Mortgage; (c) Borrower pays all reasonable expenses incurred by Ltoder in enforcing tha eovenagt and agreement of Borrower contained in this Mortgage and in enforcing Lender's rzmedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's foes; and (d) Borrower takes such action as Lender may reasonably nequirc to assure that the lien of this Mortgage. Lender's interest in the Property gad Borrower's obligation to pay the sums secured by this Mortgage :hall continue uaimpair~ed. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force gad effect as if no acceleration had oexurrcd. z 20. Aadgtusetlt of Rents; Appoiista~esf of Reccirer. As additional security hereunder. Borrower hereby assigns to Lerttde~ the rent 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 rent a: they become due and payable. , Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a rnurt to enter upon, take possession of and manage the Property gad to collect the rent of the Property, including those past due. All rent collected by the resceiver shall be applied first to payment of the cost of management of the Property gad collection of rents, including, but not limited to, receiver's fees. premiums on receivers bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. 171e receiver shall be liable to account only for those rent actually received.. 21.' Feture Advsssces. 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 Advancex, with interest thereon, shall be sceured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtednexs secured by this Mortgage, not including sums advanctd in accordance hertrvith to protect the security of this Mortgage,. exceed the original amount o[ the Note plus USS.. Rdeau. Upon payment of all sums secured by thi: Mortgage. Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all cost of recordation, if any. 23. Attorssey's Fes. As used in this Mortgage and in the Note, "attorney's foes" shall include attorney's feces, if any, which may be awarded by an appellate court. 1N WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, scaled and delivered • in the presence of: .a:..~~~ ) - Othild M. Schwartzkopff ~OfO~` ~1~....~/~ ..cseal) . _.eo.row.. . ~ STATE oF,EyfrbltE~i~........M i nnesnta .1. ..Qd<tipR f ~f: I hereby certify that on this day, before me, an ofTcer d y authorised in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared...Otb311111...SChwartzkopff.,..an.untrtarried.. .wV4>~Jl to me known to be the person(s) described in and who executed the ~ foregoing instrument and acknowledged before me that .she .........executed the same for the purpose therein 's expressed. ~ f WITNESS my hand and. official seal in the county and state aforesaid this. ...28th ...............day of 3 ~ , • Augus t . 19. 8l) E My Commission expttes: y ~ /YkS~ ~ - ~ I L,~.•• WC1llEJOtiNSON S ,yOr' . ~ j MNAit~ pUQLtC-MINNESG'A L : p ~ : ~ ` AAM•.~ CBIJNTY zz 1 !rt : a°a•'~c.r~! ~ t9L~,, . ~'w ~ ~ Cu~rr~ ~s ~ 10.19F5 S - i~ • ( l~ t rw~vvllyy~yn,~lV~v~lilrM , ~ ""''~~'r Q~V ,r. ~T•T~tTI~•' ~ f tSr~ below This tine Reserved Fa Lendu end Reooraeh i ¢ ~/~."-'^-T~ `~~u-,~,-1 -1?103 5~4~0 3{ E .3 ~1I1 ~J L Jj1 i.1 !9"0 OCZ 22 P~~ I~ t 3 i fiLEC tHt "C~Jri+iO S1.LUCIk CCUyiY.f1 A. ~ ? • ROGER f GITRAS CLERK CIr~CU17 CCL7°1 ~0~~341 pb~i~~2 ~ ~ - . .