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HomeMy WebLinkAbout0484t ~ i ~ r .t, `i t.7 prior to entry of a judgment enforcing this Mongage if: (a) Borroww pays Lende~ all sums which would be then due uader this Mortgage, the Note aod notes securing Future Advanses, if any. had no acceleration occurred; lb) Botrowe~ cures all breaches of any other rnvena~ts or agreements of Borrower co~tained in this Mortgage; (c) Borrower paya ail reasonable expeases incurred by Ler~der in enforcing the rnvenar~ts and agreements of Horrower contained in this Mohgage and ia enforcing Leode~'s remedies as provided in paragraph 18 hercof, including. but not limited to, reasonabk attorney's fas: and (d) Borcower taka such action as l.ende~ may rcasonably require to assure that the lien of this Mortgage. Lende~': i~terest io ~he PropehY and Borrower's obligation to pay the sums securcd by this Mortgage shal) continue unimpaired. Upon such payment and curc by Borrower~ this Mongage and the obligations secured hereby shall remain in full torce at~d effect as it no acceleration had occurred. ~4• Asi~aene~t ot Reat~ Appoiatencot ot Recel~e~. As additional securily hereunder. Borrower hereby usigns to Ixnder tt~e oents of the Property, provided that Borrower shall, prior to accekration undc~ paragraph 18 hereof or abandon• ment of the Pnoperty. have the ~ight to collect snd retain such rents u tbey become due and payabk. Upon acceleration u~der paragnph 18 hercof or abandonment of the Pmperty. I.ender shall be entided to have a rcceiver appointod by a court to e~ter upon. take pcusession of and manage the Property and to cotket the rents oi the Property, including those past due. All reots collected by the receiver shall be appliod first to payment of the coats o( manegement of the Property and co11ec1ion of rents, including, but ~w limited to, receiver's fees, premiums on receiver's bonds a~d reuonabk attorney's foes, and then to the sums securcd by this Mortgage. 'ilte receiver shall be liable to account only for those rents actwlly raeived. - ~ 21• Frfore Advs~ce~s. Upon request by Borrower, I.ender, at I_ender's option within twenty years from the date of this Mortgage, may make Futuro Advances to Borrower. Such Futurc Advances, with interost thereon. shall be secured by this Mortgage when evideaoed by promissory nota stating that said notes are socurod hercby. At no time shall the principal amouot of the in~kbtedness securcd by this Mongage. not including sums advanced ih aooordance t~erewith to protect ihe security o( this Mortgage, excood the original amount of ~he Note plus USS. ..--------------------------- 22. Rdare UpQn payment of all sums xcured by this Mortgage, Lender shall rekzse this Mortgage without chuge to Borrower. Borrower shall pay aU costs of recordatiQn. if any. 23. Attoney's Fees. As usal in th~ Mortgage and in the Note, "attorney's fces" shall include attorney's foa, if aay. which may be awardod by an appellate court. IN WITNESS WHEREOF, Borrowcr has cxccuted this Mortgagc. Signed, sealcd and delivcred in the prec9eenoe of: "`,,~"~ ~ ~~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~ t~ .v`~l .V.Y ` ~,.%1.. :~l 11~~ . . . . . . . : . . . Seal -( ) John ~. Tr ice _~„~,,,,... .......................................... .-. L!..~~~C-~~..........(Scal) ~Mar len E. Tr ice ~.~,M,., ., ~~4~1 ia~pli= ~ , STATE OF7~lr. . . . . . . . . . . . :~.'~. ~•: : .. :~ . . . . .COLLIIIy SS: v . t hereby cenify that on this ciay, before rn~, an officer duly authorized in the state aforesaid and in t6e county afo~esaid to take acknowlodgements. personally appeared.... John A. Trice and Marlene E. Trice,. . .. . . .his. wife .~ . . . .. . . . . . . . . . . . . . . .. to me known to be the rson s . . . pe () described in and wtio eaecutod the foregoing instrumcnt and acknowlcdgcd beforc mc that ...., they ..__eaocuted the samc for the purpose ther+ein eapressed. W~TNESS my hand and ofticial srat in the county and statc atoresaid this. . . . . . . . . .lbth . . . . . . . . . .day of . . . . . .N9Y€1~~ . . . . . . . . . . . . . . . . .. 19. $0. . .. My Commission eapires: I~~~~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .~ . . . / ~~' ~ ~ [SMq Not~ry PuWie ~:~" J; ~~ . ,`~`..' ~-- •~ . ,~~ „f .~„ - :~ ~~~ OFFIGIAL SEAL ANN H. O'LEARY t:.Ji•~%I PL'^L1~-CAII~'~Rt31A F';r :iC:T 1'. Or`~ .CE '~ I')~ tI..:LC~ (.0 ':iY . ~ E~a~•°- D:cpc;ber %'~ 19~2 (Spste Below TAis Lint R~s~~w0 Fw LerW~r a~0 R~torOeh OSb££ 1,'^~''"„ ''"'"~!,1 l~!O ! JINddY~G~,~.,,.~~~:_... ~-~~;i ~~vJIHJ .../.J :............ 1981 J~'~ -8 ILK 9~ 30 i11 E(' E~C ~rCOKR~~ 5'.1_UC~E CCItVTY.ff A. RRGER F'~ITR~.S C;.Ekh CtR~UtT~j/~ , r..~., ~.s r r'. ~' 512684 8UUK346 NaGE 48? _ _F ~ ~~ ~