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HomeMy WebLinkAbout0934 prior to entry of a judgmrnt enforcing this Mortgage it ~ 1 a) Borrower pays I.enJer all sums which would he then due under this Martgagr, the Nole and notes securing future Advances. if any, had no acceleration cxcurred; lh? Borrower cures all hreachra of any otltrt cc?ven;tnia or agrcentenls of Borrower contained in This Mortgage; Ic) Borrower pays ail reasonable expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing l.endrr's reincdies as provided in paragraph 18 hereof, including, but not limited to, reau~nahle attorney's tees; and (d) &~rrower takes such action as Lender may reasonably reyuirc 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 rcceieration had occurred. 20. Assignment of Reat:; AppoiMtneat 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 18 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a coup to enter upon, take possession of and manage the Property and to collect the rents of the Property, including these 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 hoods and reasonable attorney's fees, and then to the sums secured by this Mortgage. 71te receiver shall be liable to account only [or those rents actually received. 21. Reture Advances. Upon request by Borrower, I.tnder, at Lenders option within twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall he secured by this i`iuttgage whin rvi3enced by promissory notes stating that said notes arc secured hereby. At no time shah the principai amount o[ the indebtedness secured by this I?lortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS•14,800.00. - • • • • • • • • • • . • • • 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: - . (Seal) rt , Jr . -Borrower ~~~t ~~i..GiL..... (Seal) Marilyn B ith .~or,ow., CONNECTICi)T , STATE OF . Ra~x~}tr~a ...............County ss: I hereby certify that on this day, before mc, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared_ ROBSRT,H,, lSM,I,TIi~ ,fit,, a~c~ ,$Ir11'j'H, .t"T~~g to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that ~eY ......executed the same for the purpose therein { expressed. ~ _ I r E WITNESS my nd and official seal in the county and state aforesaid this.. ~ ~ .......day of ~ ..............19 My Commission exptres: t` , . . . , i Notary Public ( 7~ ` ~ (Space Below This Line Reserved For Lends and Recordsd I l x ~ ' 'r i i i t E i • - ~