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HomeMy WebLinkAbout1061;~~~.:: ~ ~~~~ ~~ p-iw to entry ol a judgment enforcing this MoRgage it (~ Barower pays Lender all sums whiCh would be then due under this Mortgage, ihe Note and notes secu~ing Future Advances, il any, had no accele-ation occurred; (b) Botrower Cures all b-eaches of a~yother Covenants a agreements ol Borrower Contained in this Mortgage; (C) Bor~ower pays all reasonabfe expenses ~ncurred by Lender in enforcing the covenants and agreeme~ts of Bor~ower contained in this Mortgage and in enforcing lenders remedies as provided in pa~agraph 18 hereOt, including, but not limit9d to. -easonable altorneys lees; and (cn Borrower takes such action as Lender may reasonably requi~e to assure that the lien ot this Mortgage. Lende+'s in- terest in the Properfy and Bor~owers obligalion to pay the sums secured by this MoRgage sha11 continue unimpaired. Upon such payment and cure by Bo~rower, this Mo-lgage and Ihe pbligations secured nereby shalt rema~n in tull torce and eHec1 as if no acceleration had occurred. Z0. As~1~~m~M Of R~ntt; Appolntm~nt of R~Iwr. As addi6onat security hereunder, Borrower hereby ass~gns to Lender the rents of Me Property, provided that Borrower shall, p-ior to acceleration under paragraph t 8 hereot or abandon- meM of the Properry, have the right to collect and ~eta~n such rents as they become due and payable. Upon acceleration under paragraph 18 hereol or aDandonment ot the Propeny, Lender sha11 be entitled to have a receiver appointed by a cou~t to enter upon, take possession ot and manage the Properry and to collect the rents ot the Property, including those past due. Atl rents coltected by the ~eceiver shatl be appl~ed t~rst to payme~t ol Ihe costs ot management ol the Property and collection of rents, includ~ng, but ~ot limited to, receivers fees, premiums on receivers bonds and reasanable alto-neys 1ees, and then to the sums secured by th~s Mortgage. The receiver shall be iiable to account only tor those rents actually received. 21. Futun Advanc~s. Upon request by Borrower. ~ender, at Lender s oplion w~thin twenty years trom the date of this Mortgage, may make Future Advances to Borrower. Such ~uture Advances, w~ih ~nterest thereon, shali be secured by thls Mortgage when evidenced by prom~ssory ~otes stat~ng that said notes are secured hereby. At no time shall the pnncipal amount of the indebtedness secured by this Mortgage, not includ~ng sums adva~ced in accordance herewith to protect the secunty oi this Mortgage, exceed the onginal amount ot the Note plus USE ~!' ; 60000. 00 --- 2Z. R~I~as~. Upon payment ot a11 sums secured by th~s Mortgage, lender shall release this Mortgagewithout charge to Bonower. Bonower shall pay a11 costs ol recordat~on, it any. 23. Attomeys F~ss. As us~d in this MoRgage and in the Note, "attorneys (ees" shall include atto~neys fees, it any, which may be awarded by a~ appellate court. IN WITNESS WHEREOF, Borrower has executed th~s Mortgage S~gned, sealed and delivered in the presence of: / ~ . ~ ti / / y ' C ~~ - C -'L.. -~~ / _~ ~- ($eaq - ~ JR. `~J'+aN~.IGE =1. ,i~iQ~S .}~`~~ (Seaq ~ ~ ~ .~--~~.~. ~ J'~ ~ ~{Seaq. WILBUR E. MO S, SR. ~/ ~~t-e.~/ ~7 • ~7~/ (Seaq ALICE M. MOSS y- , - STATE OI~(~1}Q~(XX ~'~" • - ' '~~'~~ • «~•~County ss ~~ I hereby cert~ty that on this day. before me. an oft~cer duly author~zed ~n the state aloresa~d and ~n the county aforesaid to take acknowledgements. personalty appea-ed Jx.. WILB~JR E. TiOS~ FiAlU JANICF J. ~i[)S~, HIS 4iIFE AND WILBUR E. t90SS, SR, and ALICE M. MOSS, HIS WIFE . to me known to be the personls) descnbed ~n and who executed the forego~ng ~nstrument and acknowledged befo+e me that Borrower executed the same for the purpose therein expressed. WITNESS my hand and ofhcial sea~ ~n the county and state aforesa~d th~s ~ ~ ~~~ ' day of JANUARY ~g 81 My Commission exp~res: j ISeaq . : , . . . ; ~ ` ~ • ` ;, } ' MV Cc.rt •~~. _. ~ -~ - ~ - -- . ~ _ .. , Notary Publ~c .:F . : ~•~i' , ~ . : % ~~. ,~ ;,;, . ~. ~ ~- ~`f~.'~~.~ . ~ ,~l" '•~ :~:. . .-~ - '~.~ ~., ~• /' ~ ~;' } ~ • ~~f '~ ~{~.' .. t ~ ~ ~ ' ~~ '~~~ ^ ~. r1 ' :~••~~ /'j~~. • ~i . i ~y : ;.• ...... ~• . ~ s ~~~~ ~ • # • ` '~. . ~ ~~NAi~~' ~ ISpace Below Th~s lme Reserved for Lende- and Recorder? ~ ' ~ ~ P ' r~s~x ~47 t ar,E~.~~ ~ RENEGOTIABLE RATE FFMC (6/80) a ~ ~ ~~,- - ~ ~ ~F~'~"` . °~',d~c . _ _ ~ ..~~..~