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HomeMy WebLinkAbout1537 ~.s •~~~r j . ~~:~:,1 prior to entry of a judgment eatorcing this Mortgage if: (a) Borrower pays Lender all sum: which would be then due under this Mortgage, the Note and notes securing Futuro Advances, it any, .had no acceleration occurred; (b) Borrower curs all breaches of any other covenants or agroerrtents of Borrower~coatained in this Mortpge; (e) Borrower pays all reasonable experues incurred by Leader in enforcing the oovenagts and agreemenu of Borrower contained in Ibis Mortgage and is enforcing Leader's remedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney': tea; and (d) Borrower takes such action :s I.ertder may reasonably requiW to s~uW that the lien of this Mortpge. I.eetdu's interest in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such payment sad cure by Borrower. this Mortgage and the obligations secured hereby shall remain in full force and eQect at if no acceleration hsd occurred. 2t. Aasipasestt at Ret~ A~oirttraeat of Recdver. As additional security hereunder, Borrower hereby assigns to Lender the nnb of the Property, provided that Borrower shall, prior to acakration under paragraph 18 henot or abandon- ment of the Property. have the right to collect and retain such rents ss they becoate due and payable. Upon aoaleration under paragraph 18 hereof or abandonment of the Property. leader altap 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 neat: collected by the receiver shall be applied Rrst to payment of the costs of management of the Property and collection of rents. including. but not limited to, csceiver's tees, premiums on receiver's . bonds sad reasonable attorney's fees. and then to the sums secured by this Mortgage. The Waiver shall be liable to account only for those rents actually Waived. 21. IFrtrrre Ai~a~tea. 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 promissory notes stating that said notes an secured hereby. At rte time shall the principal amount of the indebtedaeu secured by this Mortgage, not including sums advanotd in aooordsnee berewit6 to protect the ' security of this Mortgage, exceed the original amount of the Note plus USS. ` 22. Relwe. Upon payment of aU sums secured by this Mortgage. Leader shall release this•Mortgage without charge to Borrower. Borrower shall pay aU costs of recordation. if any. 23. Attort+eY's !Fees. As used in the 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. _ Signed, sealed and delivered in the presence of: l ~a......... .(~X ~ ( ) ~ it n ~ _ _a„~ ~ a~.~ . I/.~CGt; , (seal) 1 ` STATE Q~F . ~ I hereby certify that on this day. before me, an officer du-l7y authorized in the state aforesaid and in the county resaid to a ac wledgements, personally appeared...W~ton W. _ Sttwat~#,, ~ KC13tT1A j;. . II ~~ewart, . ~s to me known to be the person(s) described in and who executed •the j foregoing instrument and acknowledged before me that they....... executed the same for the purpose therein expressed. WITNESS my hand and official seal in tlle_ county and state aforesaid this .....2nd ...............day of ~ . ,October 19. My Commission expires: ~ L~~~~ea~t' ~~G~~.~~' _ jl, . _ -'tea . Y,.i% ' I;ir~ ~ .-..`I _ Netary t'rbae 51sh e1 ffoetdR ~ - of ler0e. My Coe~wlrloe b~llrti j ~ ~ ~ ' • IAord~ 7, 19a2 ti ~ .f,O • ~Sz . ~9 . tSO~e Below Thb LiM Reserve0 For Lender end ReoaOeq R ~ 130 Idly -7 r~i 39 ~ fItEC Rf`Z CGi'tI:.Q r Sl LtiCIE C"::3; Y.Ft A. 1tcGER Nye:T` ,.5 X342 P~1536 ~ . _ , - - - - - . z