HomeMy WebLinkAbout0514, , . '-~ •.
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prior to entry of a judgment enlorcing this Mongage if: (a) Bo~rower pays Lende~ alt sums which would be tben due under
this Mortgage. the Note and notes securing Futuro Advances, if any. had no acceleration occurred; Ib) Borrowet cura
all breaches of any other covenants o~ agreements ot Borrower contained in this Morigage; (c) Borrower pays al) reasonable
expenses incurred by Lender in enforcing the covenaqts and ag~eements of Borrower contained i~ this Mortga~e and in
enforcing Lender's remedies as provided in paragraph 18 hercof. including. but not limited to. rcasonable attorney's las; and
(d) $onower takes such aclion as Lender may reasonably require to assurc that the lien of this Mortgage. Lenders interest
in the Property and Bomowe~'s obligation to pay the sums securcd by this Mohgage shall continue ueimpaircd. Upon auch
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in tull Iorce and eRxt as iE
no acceleration had occurned. ~
20. Assi~nmeot ot Reatx Appointmeat of Recelver. As additional security hereu~de~. Borrower hereby assig~s to
l.ender the rcnts of the Property. provided that Borrower shall. prior to acceleration u~der paragraph 18 hereof or abandon-
ment of the Property, have the right to collect and retain such rents ac they become due and payabk.
Upon acceleration under paragraph 18 heroof or abandonment of the Properiy. L.ender shall be entitled to have a
receiver appointed by a court to enter upon, take possessio~ of and manage the Pmperty aad to rnllect the rents of the
Property. includi~g those past due. All rents collecteJ by the roceiver shall be appliod first to payment of the costs ot
management of the Propeny and collectio~ of rents, includiog, but not limited to. receiver's feu. premiums on roceiver's
bonds a~d reuonabk attorney's foa, and then to the sums securcd by this Mortgage. The receiver shall be liable to account
only tor those rents actually rccei~ed.
21. Foture Ad~ancea. Upon request by Borrower, I_ender, at t_ender's option within twenty years from the date of this
111ortgage, may make Future Advances to Borrower. Such Future Advanca, with interest thereon. shall be securcd by this
Mortgage when evide~ced by promissory notes stating that said notes are socured hereby. At no time shall the principal
amount of the indebtcdness socurod by this Mortgage. not including sums advancod in aocordanoe herewitt- to protect the
security of this Mortgage. exceod the original amount of the Note plus USS. ...-"'-"""'. :""" ,.
22. Rdea~e. UpQn payment of all sums securod by this Mortgage. Lender shall rekase this Mortgage without charge
to Borrower. Borrower shall pay all coats of recordatan, if any.
23. Attoraey's Fees. As used in this Mortgage and io the Note, "attorney's fees" shall include attorney's fea. i[ any.
which may be awuded by an appellate court.
IN WITNESS WHERFOF, Borrower has executed this Mortgage.
~ncd, sealcd and,delivered
, thc Drescnce 9i~ ~ .
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-eo..ow..
~ Fran is C .
. . . . . . . ~ :~-: c.~~'~. ~!c ~ ~:~ . . . . . ~' ~ Tr~mmer ~~n~~-.~.-,j ~
~ . . . ~ ,(,~~ ~-. . . . . ( )
Betty J . r' er ~O"'Ow"
$TATE OF ,~td~d,l . . . . . . . . . . . .~~hig~ .doG6l,lSS:
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1 hereby certify at n this day, fore me, an off'icer duly au rized in the state aforesaid and in the county
aforesaid to take acknowledgements, pcrsonally appeared . Franei . C: . Trimmer. and ,B~tty, J.. ._
.. Trimmer; his wife . ,,..,.,,,, to me known to bc the person(s) described in and who executed the
foregoing instrument and acknowledged be(ore me that. . they, ._,.,,,executed the same for t6e purpose therein
expressed.
W~rNESS my hand and ofi'icial seal in the county and state aforesaid this. . . . . . .llth, , , , , , , , , , , , ,day of
. . . .Deeeptber . . . . . . . . . . . . . . . . . . .. 19~. . . ..
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