HomeMy WebLinkAbout0024prior ~o entry of a judgment en[orcing this Mon~age if: (a) Borrower pays Lende~ all surru which would be then due under
ihis Mortgage, the Note and notea securina Future Advances~ if any. had no acceleratioo occurtod: Ib) Borrower cura
all brcacha of any othe~ rnve~u~ts or agreements of 8orrowe~ contained in this Monp~e: (c) Borrowe~ pays all reasonable
expenses incurred by Leader in en[orcing the covenagu and a~aments of Borro~vet contained ie tAa Moh~e. and ia
en[orcina I.ender's remedia as pravided in pangraph 18 herco(, includina. but not limited to. nasoaabk attorneh-~ [ea: and
(d) 8orrower takes such action u l.ender may rcasonably require to sssure that the lien of this Mort~a~e. Lender's iaterat
in the Property and Borrower's obligation to pay ~he sums secured by this Mort~a~e shall continue uaimpaired. Upon sucA
payment and cure by BoROwe~, this Mohgage and the obligations securcd hercby shall remain in full foroe aad eRect a it
no acceleration had occurred.
20. A~d~nmeN ot Reat~ AppoiMmeat ot Receive~. As additional security hercunder. Borrower hereby assi`ns to
I.ender tbe rcnts of the Property. provided that Bomower shall, prior to uceleration under para6raph 18 hereof or abandon-
ment ot the Property. have the right to collect and rotain :uch rcnts ai 16ey become due and payabk.
Upon acceleration under pangraph 18_ hercof .or abandonment of the Property. Lende~ shall be entitled to have a
rccsiver appointed by a court to enter upon. take possession of and manage the Pmperty and to colkct the nnts of the
Prupert~•. iocluding those past due. All rcnts colloctecl by the ~oceiver shall be appliod flnt to payment of the costs of
manageme~t ot the Pmpehy and collection ot rents, including, but not limited to. receiver3 f~es. premiums on rcceiver's
bonds a~d reuonabk attorney's teu. and then to the sums secured by this Mortga~e. The receiver shall be liable to aceount
onty tor ~hoae rents actually received. .
21. F~tore Adva~ca. Upon rcquest by Borrowe~, l.ender. at l.ender's option within twenty years from the date of this
Mortgage. may make F`uture Advances to Borrower. Such Future Advances, with interat thereon, shall be securod by this
Mongage whee evidenced by promissory nota stating that said notes are secured hercby. At ra time shall the principal
amount o[ the indebtodnus secured by this Mongage, not includina sums advanced in aooordancY herswith to ptotect the
security ot this Mortgage. excoed ihe original amount of the Note plus USS. ..--~~~~-~~--~-~-~~~--~
22. Relea~a Upqn payment of all sums socured by this Mortgage. L.eoder shall rckase this Martgage without charge
to Borrower. Borrowet shall pay ap costs of recordatan. if any.
23. Attoraey's Fees. As uscd in this Mortgage and ~n thc Note. "attorney's foa" shall include attorneq's fea. if aay.
which may be awudai by an appellate court.
IN WITNESS WNEREOF, Borcowcr has exccutcd this Mortgagc.
Signed. scaled and delivcrcd
in thc prescnce of:
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Steve G. Giankul is ~ -eon'0M1~'
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. .4~ ~ ~.4~~.'ZFI. . ~. ~c-~ ~l~'~~ ~-.~ ~J . . . . . . . . . . . (Seal)
Pandora Giankulis -sa~
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STA OF ~/~JA~ . . . . . . . . .~. . ~, . . . . . . . . . . . . . . .~~fI~I~SS: -
I hereby cert y that dn this day, befd~ie me, an o cer duly auttarized in the state aforesaid and in tt~e oounty
aforesaid to iake acknowled~ ments. personally appeared. . .~t6Y~. ~.•. .Glan~C~l,i s ,an~, ~~ndora, , , , , , , ,
... G.i ankv l i s.. f~i.5 .w 1 Te . ............ to me known to be the person(s ) described in and who executod the
foregoing instrument and acknowledged betorc me that ...th6Y ....... eaecuted the same for the purpose therein
expressed. `
W~TNESS my hand and official seal in the county and state aforesaid this. . . . . . . 3Qt~t . . . . . . . . . . . .day of
. . . D~erobe c . . . . . . . . . . . . . . . . . . . . . 19 . .$Q . ..
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: ~~ './r • ~ al lorp~. My Cqe+siyybn EwpMy
~~ i~~y F ~ ~~ ~ MwcA 7, 1982
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