HomeMy WebLinkAbout2473priur to entry o( a judgmenl entorcing Ihis hlortgag~ i(: ~a- Bi~rrower pays LcnJer •rll sums which would be then due under
this Mortgage, the Note and notes securing Fulure Advances, if any, had no aeceleration orcurred; (b) Borrower eures
all breaches of any other covenants or ;~grrements of Bo~ruwer runtained iR this Mortgage; (c) Borrower pays al! reasonaMe
expenses incurred by Ixnder in enforcing the covenar~ta and ag~eements of BoRawer contained in this Mortgage and in
roforring Lender's remedies as provided in par~graph !R herrof, im-luding, but not limited 10, reasonable attorney's fees; and
I d) Borrower takes such action ~s l.ender ma~• reawn~bly reyuire t~~ assure that the lien of this Mortgage, Le~der's interest
~n the Property and Borrower's obliga~ion to ~y the aums ~ecured by this Mongage shal: continue unimpaired. Upon such
payment and cure hy Borr~wer, this Alortgage and (he obligatiom securrd hereby shall remain in full [orce and effect as it
o~- accclcration had occurrcd.
i~• nssytnment of Re~ts; Appointmenl oF Receiver. A. add~tional security hereundcr, Borrawer hereby assigns t~~
Lrnder thc rem~ of the Property, pruvidrJ th~t 3urruwrr shall, prior ta accrleration under paragraph IR hereof ar abandon-
mrnt of thc Property~, have the right to coHect and ~etain such rents u t6ey become due and payable.
Upc~n acceleration ~nder paragr~ph 18 hereof or ah:~ndunment of the Properly, Lender shall be entitled to have a
rereiver appointed by a rourt to enter up~m, t~le possess~on e~( ~nd manage the Property and to collect the rent~t of the
Pruperty, including those past due. All rents collttted hy ~he rereiver shall he applied first to paymen! of the ccxts of
man:~gement of the Properry and roltectiun uf rems, including, but n<~t limitrd to, receiver's fces, premiums on rcrei~•er'.
hunJ~ and rrasonable attorney's fers, and then to the sum> >ecured hy this Mortgage. "Il~e receiver shall be li•rble to account
unly for thuse rents actually received_
21. Future Advances. Upon icyucct b~~ HorruN~cr. Lcnder, at Lcnder'~ uption within twe:-ty yean from Ihc date of this
M~xtg:~~, m~y make Future Advances to Burruwer. tiuch f=uturr AJv~nce~, with intere~t thereon, shall be secured by this
1lurtgage when evidenced by pmmissary notrs stat~ng th:~t ~aid note~ are ~ecured hereby. At no time shaU the principal
:-m~~unt of the indebtednrss secu-ed by this Mortgage, not includ~ng ,ums advanced in acrnrdance herewith to protect the
~ecurity of this Mortgage, exceed the original ;,mount of the Nate plus USS. ..'"-'-~'-'.----- __..__ ~
22. Release. Upon payment of all tums secured by this Mortgage, I.enJer shatl release this Mortgage without charge
to Borrowcr. Borrower shall pay •r11 custs of rccor~aUun; if an~.
i.~i. rli~urney'S ~tCS. AS USCC1 in th~s Mortg~gc :,nd ~n thc Nute. "auorney's fees" shall include attorney's fees, ~f any,
which may tx; awarded by aa appc~~atc court.
~N WITNESS WHEREOF, Borrower has rxecute:l this Mortgage.
Signrd, s~al~d and Jelivered
in thr pr~srncc of:
J~ ~/~' ~ ~--.~..
.. ......................cSca~>
Vincent M. Koch -eo~o,,,,~.
' ~ - - . . . . . . . . . . ~. .~.o~-~ - . . . . . . . .
_ ~s~ai>
Nora J. Koch =eo.~oM,K
ST~Tf oF Fifbrk/i~ .. S. c,ta ..... kldi/rr4y ss:
~ ' .r ~ e: r ~1 ~ .~,~- `~ {;i,~ ;~\ . . . . . . . . . . . . . . . . .
1 hereby certifg/that ~n this dav, tkfore mr, an ~~ffiicer Jul~ aut:~orizrd in the st~te aforesaid and 'm the county
aforesaid to take acknowledgrme;nts, prnonally spp~arcd. . . .Vin~.ent .M.. ~~~.and_ Idn~a .J.. K,o~Ch, .. . . .
. . _ . _ }1i,s w~fe. . . . _ _ . _ . . _ _ . , . , „ to me known to br the person(s) described in and who ezecuted the
foregoing instrumrnt and acKnowlec:gr~i befure mr th~t. ..they. ......~xecutrd the sam~ for the purposc therein
czpresse~.
WiTNFSS m} hand and official ual in thc uiunt~ sn~ ,tat~ afuresaiu this. .13~.,h . . . . . . . . . . . . . . . . . .day of
. _ . . . . . . . . . k~X~~1 . . . . . . . . . . . . . . . . 19 . .$1. . .
My Commission cxp~res: ~__ 3e ~__ ~ 3
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Notary Publ~c
(Space Selow Tnis L~ne Reuned For Lender and RccorOet)
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