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HomeMy WebLinkAbout2891 prior to entry of a judgment enforcing this Mortgage it: (a) Borrowe~ pays I.ende~ all sums which would be then due under this Martgage, the Note and notes securing Futurc Advances, if any, had no acceleration occurrcd; (b) Borrawer cura all breacha of any other coveoants or agreeme~ts of Borrowe~ contai~ai in this Mortgage; (c) Borrowe~ pays all reuonable expenus incu~red by I.eader in eaforcing the coveua~ts and agreements o! Botrower contained in this Mortgage and in enforcing Le~der's remedia as provided in paragraph 18 hereot, including, but not limitod to. reasonable attorney's fea; and (d) Bor~owe~ taka such action as Lender may reasonably reyuirc to assure that the lien of this Mortgage, Lender's inlerat in the Propeny and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaircd. Upon such payme~t and cure by Borrower. this hfongage and the obligations secured hereby shall rcmain in tull [orce and effect as if no acceleration had occurrcd. 20. Assi~nmeet ot Rentx Appointmeat of Receiver. A~ additional security hercuncier. Borrower hereby assigns to I_ende~ the rents of the Propeny, provideJ that Borrower shall, prior to acceleration under parag~aph 18 herc~f or abandon- ment o[ the Pmperty, have the right to collect and retain such rents u they bocome due and payable. Upon ~cceleration u~der parag~aph 18 hereof or abandonment of the Propeny. l.ender shall be entitled to have a receiver appointed by a court to enter upo~, take possession of and manage the Property and to collect the rents o( the Prc~perty, including those past due. All rents collectal by ~he receiver shall be applied first to payment of the costs of ~rtanagement of the Property and collection ot rents, including, but not limited to, receiver's fees, premiums on receiver's tw~ds a~d reasonable attorney's fees, and then to the sums sec:ured by this Mongage. The rcceiver sF~all be liable to account only for thox rentc actually received. 21. Fntnre Advaacea. Upon request by Borrower, I.ender, at l.ender's option within lwenty ytars from the date of this Mortgage, may make Future Advanca to Barrower. Such Future Advances, with interest ~hercon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amou~t of the indebtedness secured by this Mortgage, not including sums advanced in accordance herawith to protect the xcurity of this Morigage, exceed the ariginal amount at the Note plus USS. _""""'-"'- ......._.. 22. Rekase. Upcm payment of all sums secured by this Mortgage, Lender shall release this Mortgage without chargt to Borrower. Borrower shall pay all casts of rccordateon, if any. 23. ' Adorney's Fees. As used in this Mortgagc and in Ihe Note. "attorney's tea" shall include attomey's fees, if any. which may be awuded by an appellate court. IN WITNESS WHEREOF, Borrowcr has cxccutcd this Mortgagc. Sign:d, scaled and delivered in ttx~ prescnce of: 1/ ~~ .~: c-.~ ~~-;.-% - .._j ....... ....~ .............. ... .` ................... ........ . . . ~r.-.,,~. . . . , . ! . /dG="= J • . . . . . . . . . . . . (Seal) ~ Robe r t J. H i 7~~ . _eor,,,,,.., . . ~ . ~J. ~ :V : . l~~~~iW. . . . . (Seal) Cynthi ~W.~Hi~ll ~..,,~a s-r~TF oF 9vEik(d~f . . . Mar.y.ta~d. . . . . . . ~ . . . .MQ~t~OM. ~.44J. .C6d,(~ ss: UI Nf~ ~ ! hereby certify that on ihis day, before mr, an oti~icer duly- authoriud in the state aforesaid and in the county aforesaid to takc acknowledgcments, personally appeared.Rob~rX. ,1; ,_F~i l~_~~d Cynthi a, W, .Hi 1 1,,, hi s, , • .wi fe . . . . . . . .. . . .. . . . . . . . . .. . . . . . . .. to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged befor~ me that_ ...they. .....ezecuted thc same for the p~rpose therein eapressed. W~Tr+ESS my hand and official scat in th~~ounty and statc afor~said this_ _ . . . ~Oth , , , , , , , , , , , , , ,day of ..... FebruarY ................. 19....... ., My Commission exp~res: ~~~ ~ ~ ( ~`1 `~.~. / ~j . . . . . . . . . . . f~~~~ . . . . . . . ~~ _ . .~~ - . [sw~l Naa ~ic r !• ~ Q s~~ 1 . ' =~- J ~ ~ - :~ ~~ (Space Below Thcs Line Res~rved Fw LerWer snd Recoroeh $ 59 ~HICAGO TITL~ ;~.~!~~~~~~E r_r~~~PaNY 1981 NAR -6 ~i 2; ~ % ~. . . , ~ . __~ a~:- FOfZT t'i~i::.c, FLCi.Ii~A 33450 FIL[C ~M~ F~CuFlti ~ Si.IUCIE C~UVIY.F1 r. ROGEP. f`OITRI45 ' CLERK ClR~ll1i CO'.:R1 ~4 RfC~sRD ~`=R.E'1~ ^. . 5192'73 F. ~~x 349 P~~f 2890