HomeMy WebLinkAbout0978 prior to entry of a judgment enforcin~ this Matgage if: (a) Botrower paya Lender all sums which woutd Ec then due ur~der this Monga~e, the
Note and nc,tes securin~ Futun Advances. if ~ny. Aad ao acoelaation occurtfd: (b) Bom~wes cures all breaches o( any ather coven,~nts or
a6raements of Bonuwer contairKd in ehis Mort~age: (c) 8orrower pays all rca:anabk expea~a incurrcd by Le~er in erttorcing the cowenuNs
and a~roemeMa of Bomowa oontained ie this Mortaage and in ertfoncing Lender's romcdia u provided in p~asra~+A 18 heroof. inctudins, but
n.~t fimitai to. ris~wt~ie attorney's fas: and (d) Bortvwa takes such ac~ion ~s L.endu may reasonably roquire ta astuie that the lien ot this
Man~ge, Lsnder's interat in the Property and Bortowa's obligatior~ to pay the sums tecured by this Mortgage shall cominue unimpaired.
Upoa such payment and cure by Somower. this Mortgage acd the obtigations securod bu+eby sh~l! rcmain in fuU fonoe and eftect as if no
accekation had accurnd. ~
As~nenent d Rest~; Appuiatse~t a~ Reodver. As additional securiry hercunder. 8orrower hereby assigna to Lendu the rcnu of
the~ F'~perry, provided that Eionvwer shail. prior to sccsluation un~ier pan8raph IS hercot or abnndonmwt of the Properry, have the rigAt to
collect and rctain such reKs aa they become due and payabk.
Upon sscekration under pangraph 18 hereof or sbandonmcnt af the Pmperty, ~ena~t,~~ ec e„ucka co n~~ ~~~~,~o,~~od ey a
oourt to enter upon. take possession and manage tbe prppertr and !o colkct the rents of the Pruperty. including those past due. All rents
collected by the rec~ivrr shall be applied fint to payment of the costs of rt~nagcment of tbe pt,uperty ~d colkction of rcnts. including. but not
. limitod W. receiva's fees. P~'em~ums oa receiver's bonds and tea~onabk attorney's fea. ~nd then to the sums securcd by this Mort~age. The
roceivu shall be liabk to account only for thpse rcots actually recsived.
21. Feture Advasep. Upon r~equat by Barrower. Lender. at Lendtr's option within twenty ycars fr+om the date of this Mortgage. may
make' Futw+e Adva~ices to Borrowa. Such Futurc Advaoces, with ~terat thereon. shall be secured by tAis Mortgage when evidenced by
pomissory notes stating that said notes are secu~ed hertby. At no time ahaU the principal amount of the indebtedness sccwed by thia Mortgsge~
not including sums advanced in aaondance hercwith to protect the security of this Mortgage; exceed the original amou~ of the Note plus US S
in an amow~t equd to St)96 theroof.
22. Reka~e. UP~ WYment of all sums socured by this Mortgage, Lertda shall rckase this Mortgage widwut charge to Borrowec
Borrower shall pay all oosts of rccordation. J any.
?3. Attorsey's Fees. As used in this Mortgaae and in the Note. ••attorney's fees" atu~U include aaorney's fees. if any, which may be
awarded by an sppolate cou~t. . .
~ IN WrtN~ts WHErt~, Bomnwer has executed this Mortgage. ~
Signod, se:kd and delivertd ~ -
in t nce of: ' .
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' ' ;Seal) .
. J hn il. Ritt rsdor ~0"°~"
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" ~ Seal)
~ Florence M. Ri ttersdorf ~"'a"~'
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STA7E OF ~LORIAA, ~ ~~~,,,_r . ~ j . County ss: ~
I hereby certify that on this day, befa+e~ me, an officer duly auttarized in the state afores~id and in the county aforesaid to
take acknowiodgements. peraonally appearcd John V. Ri ttersdorf and Flo~nc~ M Ri ttPrcr~p~ fy
his wife .
' , to me known to be the puson(s) dcscribed in and who eaxuted the
; foregoing instrument and ackrawkdgod beforc me that thpy ~xec~ tLe same for the purpose ther+ein
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I Dec~r my ~ official se~ iq,t~ e county and state aforesaid this ~th ~ay of
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