HomeMy WebLinkAbout0463 prior to entry of a judgment enforcing this Mortgage it: la) Borrower pays lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances. if any, had no acceleration occurred: Ih) Borrower cures
all breaches of any other covenants nr agreements of t;ormwer contained in this Mortgage; Ic) Borrower pays al! reasonable
expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remrdies as provided in paragraph IR hereof, including, but not limited to, reasonable attomey's tees: and
Id) Borrower takes such action as Ixnder 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 acceleration had occurred.
20. Assignment of Beats; Appolntnteat 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 payable.
Upon acceleration under paragraph l8 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 collection of rents, including, but not limited to, receiver's fees, premiums on receiver's
bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. "ille receiver shall be liable to account
only for those rents actually received.
21. Future Advances. 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 Advances, with interest thereon, shall be secured by this
Mortgage when evidenced by promicu~ry notes stating that said notes are secured hereby. At no time steal! the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the
security o[ this Mortgage, exceed tht original amount of the Note plus USS.2$.,QQQ~QQ
22. Release. 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 fees" 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:
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\)'LO.,). . !~r ..1 • • . (Seal)
Mar V. Bloom --e«?ow.r
5 ~ I
_...1 ( awrence M. Bloom
VIRGINIA,
r~TATE OF ~
. .................Fairfax ...............County ss:
ter
~ I hereby certify that on this day, before ma;, an officer duly authorized in the state aforesaid and in the county
' =aforesaid to take acknowledgements, personally appeared . fiABTIN..V....$LOOM.. a married. p~soa, .and . .
'-J+A~~N~$. M~ .$L00~,. P..~~4$1~. pSF:~opto me known to be the person(s) described in and who executed the
foregoing instrument and ackrtowledgcd before me that ...they....... executed the same for the purpose therein
r: ~ expressed.
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WtTHt:ss lny hand and official seal in the county and state aforesaid this ........day of
~:y : ~kC..tti~'q~ ~ 19.80 .
E ~ ~`dpnssiOn expires: ln~ \ ~
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~ r x < Notary Public
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(Space BaloMr This LiM Rtsarvad For Lender and Recorder)
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