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HomeMy WebLinkAbout1283 / p~ior to entry ot a judgmant enforcing this Mortgage it: (a) Bor~ower pays Lsnde~ all sums which would be thea due ua8er this Mortgage. the Note and nota securing Future Advances. it any. had no acceleration occurred: ib) Botroaer cvrss all breaches of a~y other covenants or agreements of Borrowe~ contained in this Mortpge: (c) BoRawer pays aN rasoosbie expenses incuned by Lender in eaforcing the covenagts and agreeme~ts of Borro~wer contained ~~ dus MoRP~e an~ ~° enforcing Lender's remedies as provid~d in paragraph 18 hereot. including. but ~at limited to, reasonable attarey~ fea: ud (d) Borrower takes such action u Lende~.may reas~nably rcquirc to usure that the iien of this Mortp~e. Lader~s iota~al in the Propeny ar~d Borc+owe~'s obligation to pay the sums securod by this Mortp~e sha11 oontinue unimpsired. Upoa snd~ paYment and cure by Bonower. this Mortgage and the obligations securcd hereby shall remain in fWl foroe sod dfect is if no acceleration had oocurned. 29. As~nmeat ot Reat~ Appoialmeal ot Receiver. As additanal security hcreunder, Borrowen c~reby usi6as to I_ende~ the rents of the Property. provided that Borrower shall, prior to ~cekration unde~ puagsph 18 herad or abanda~ ment of the Pmpetty. have the right to collect and retain such rents as t6ey beco~ne due aad WY~- Upon acceleration under paragraph 18 hercoi or abaodonment of the Property, Lender shap be eatitlod to have a rcceiver appointed by a~rourt to enter upon, take possessian of and ma~age the Property and ta oolkct the nats of tbe Property, including those past due. All rents collectod by the receiver shall be appliod first to payrt~ent of t6e costs of manageme~t of the Property and collectioo of rents, includi~g, but nw limited to, recsiver's fas, prcmiums on rooei~w s twnds and teasonabk attomey's foes, and then to the sums secured by this Mortpge. The rooei~^er s6a11 be liabk w aocouM only for those rents actually received. 21. Fature Advanca. Upon request by Borrower, I.ender, at Lender's option within twrnty ytars fran the datt d this Mortgage. may make Future Advances to 8orrower. Such Futurc Advances, with intercst thereon, sha11 be socured bY tbis Mongage when evidenced by promissory notes ~tating that said notes are securod hereby At no time shall tl~e prinapal amount of the indebtedness securcd by this Mortgage. not including sums advanoed in aooordana hemivith w pmtect ~he securiry of this Mongage. excoed the original amount of the Note plus USS. --------'-'-"'• -••••-•-- Z2. Relea~e. Upan paymeot of all sums securcd by this Mortgage, Lender shall rcle~se tl~is Mortaaae witbout char¢ to Borrower_ Borrower shall pay all costs of recordation, i( any. 23. AHo~ey's Fees. As used in this Mortgage and ~n the Note. "attorne}'s foes" shall include atto~ney's fees. ,f any. which may be awuded by an appellate court. IN WtTNESS WHEREOF, Borrower has executed this Mortgage. Signed. s~:aled and delivered in thc presence of: /' ll'n..~ ~'~~~Q. _.... i .. . ........................ / , . '~.~zE~.. _ ~ ,/. , . . .~'!!"a~u%~'a~C. ~j. .!, . . . ~. . . . . . _ . I L ~ ` • ~~j Marshal V. Carlson ^ ~+~ ../ ... .. . ....... .~!~,~,~~ .~~, Harriett L. Carlson -~^~ $TATE OF ~L6~IG~, - - •M ~[165RLd . . . . . . . . . . . ~ . . . . . . . . . . . . . . .C/oU1~~I55: hercby C~fy t~ on this day. tx:fore m, an ofticer duly authorized in the state aforcsaid and in tbe ooaniy aforesaid to take acknowledgements. pcrsonally appeared.Marshall ,V. Carl.son,and Harriett L.Carlson, h i s wi fe . . . . . . . . . . . . . . . . . . . . . to me known to bc the person(s) described in and who exoartod il~e foregoing instrument and acknowlcdg~d before me that. . they. ._,._..executed the same for tbe pnrp ~'~ ~ expressed. ' •:.~.`'_; ~aa~~ W~rHESS my hand and official seal in the county and state aforesaid this. .... 15th . . . . . . Decemher . . . . . . . . . . . . . . . . . .. 19.80. . .. ~ MyCummissioncxp~res: p~QZ~ gcf, ~ , . ROyALD C 810tAUC,E1 ~ ; ~ ~~J"1.-4! ,'ii;iFC-N1NN~A H~A:'~~:N CGt;NTy MY r.r ~~4!D~iON 61[JIR?a FE~.:. ~Y~~ . . . _ . . ~~--:~=~'. ~ .. . ~~ Na,.~, waK 's, • ~~ ~~~~ ` •T_ . ~ ~ y f : .r `~ " .~~ ~~: ~ ~. :~_ ~~ Y~,~ ~~y ~. =•L~~rl • ,v~ ~ ~!~!, , j• ~k ~..s s ~.` ~-e (Space Be1ow This Line Rtstrvl0 FO- Ltndlr snd RKOrOlh ~S~C Nne~•.~-~ t ~-~..•.'71~ ~1J0~ - : , . , ; - / , w++~ ~n~ i ~ U ~ L' ~ ' ~t~i~r'd:.,;J ~..'.':._,...~•:l J iiit ~.i:i~T~~f'~a fr(~~t~[.o(,Gn:r'^, 5? ! ~c E CC =:~' i F: ;. FRC~r: ~~:-t;tis u.r~ c, ~. ; ~r , j~ _ ~ ~ ~'~ ~. 51~4896 '~`3~7 ~~~1~0 ;~~»r. • -_ Y_..~--~:-~ .~~.._ .