HomeMy WebLinkAbout0961 .
prior to entry ol a ~udgmcnt enlorcinb this Mortg.~ge if : ~ a 1 f3orruwer payti !_ender aU sums which would he lheo due unJer
this Mortgage, the Note and notes xcuring Future Advancca, i( any, had oo acreleration c~ccur~ed; Ib) Borrower cures
all b~eaches o( any other covenants or agrc~ments of Barrower contained in this Mortgage; (c) Barrower ~ys all reasonable
expenses incurred by Lender in enforcing ~he covrnants and agreemrnts of Borrower containecf en this Mor~gage and in
enforcin~ I.enJer's remeJies as provided in p:?rag~aph 1 R herrof, including, hut not limited to, reasonahle attarney's fees; and
Id) Borrower takes such action as Ixnder may reasc~~ably reyuire to assure that the lien ot this Mortgage. l.ender's interest
in the Property and Burrower's ohlig;~tion to pay Ihe sums secured hy this Mortgage shall cantinue unimpaired. Upan such
payment and cure bp Borrower, this Mortgagc and Ihe ohligations sccured hereby shall remain in full [orce and effect as i(
no accclcrat~on had ~~ccurred.
20. Asslgnmenl of Rents; Appointment of Recei~~er. A~ additional security hcrcunJcr, Borrower hereby assigns to
Lrndcr thc rent~ of thc P~opcrty, pruvided ~hat Borr~~wcr .hall, priur t~~ accclerati~~n undcr paragr:~ph 1 R hcrcof ur abandon-
mrnt af the Property, have ~he right ~o collrct and retain such rcnts as they become due anJ payable.
U{x~n acceleration under par.~graph I R hereol ~~r ahandonment of the Prop~ rty, I.enJer shall be entiUed to have a
receirer ap~x~intcd b~~ a court ~o cnter u~n, I;ikc {xnse.~ion ot and managc the Propert~~ and to collect the rcnts of the
1'ro~rty, including thosc past dur. All rrnts collectcJ M• thc rcccivcr ,hall bc applicd first to payment of thc rosts of
manabcmcnt of thc Pmpcrtti~ ,~nd collccti~~n of rcntc, including, hut ~u~ limitcd tu, reccivcr'~ fccs, premiums on reccivcr'1
Fx.n~~ and « asonablc attorncy's tc~~, and then t~~ the ~um, ~ccured b~ this Nortgagc. The recciver shall tx liable to account
onl~• t~~r those rents actuaU~~ received.
21. Future Ad~ances. U~n rcyuc~t by tiorruwcr. I.cnder, at Lender's option K•ithin twenty years from thc datc o! this
!~tort~;;~ge, ma}• makc ruturc Advanc~s to Borrowcr. Such Futurc AJvanres, with interest there:~~n, shall be securcd b~• this
~turtgage when c~~idenced hy promissorp notes stating Ihat ,asd nrnes arc ~ecured hcrcby. At no time shaU the pri~ripal
amuunt of the inJeMedness srcured by this Mortgage, n~~t including sums advap~,i~~ accordance herewith to protect the
ticcurit~~ af this ;4lortgagc. c~cccd thc iuiginal am~~unt o( thc Notc plus IJSS. ..lVUVG . . . . . . . . . . .
22. Reles~se. Upun payment of all tums secured by this Mortgage, l.e~der shall relcase this Mortgage without charge
to Burruwcr. Borrower sh~ll pa)• all costs of recordation, ~f :~n}•.
2;. Atforney's Fees. As u~rd in th~s M~~r~gagc and ~n thc N~~tr, "auorncy's fc~s" shall incluJe attorney's fec~, if any,
ahi~h may tx a~~ardcd h~~ an apFx:llatc raurt. .
lti WITNESS WHERF.OF, Borrowrr h:is rrr~utc~ thi~ :~1~~rtgagc.
Signc~i, tiral~d and deli~~rred
in th~ prescncc of:
r
. . . . . .4/ . . . . . . . . . . . . . . . . . ~ . . . . . . . . . . . . . . .($CB~~
~ 'I'~i1c'iS J. Sil, JY'. -eonower
. . . ..........................................(Scal)
-Borrower
t. L~cie
STATF OF F[.oR~[~,~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .County ss:
1 hereby certify that un thi~ day, Fxfore m~~. an utlircr Jul} 3uth~~rizrd in thc: state aforesaid and in the county
aforrsaict t~~ takc acknowledgrm~nts. ~xr.onally ap~xarrd. . .T~S. .h1~321,. ~X, . . . . . . . . . . . . . . . . . . . . . i
. . . . . . . . . . . . . tc~ mc known tu tx the p~nun(s> descritxd in and who exccuted the ~
, furegoing instrumint and acknowlrclgrcl bcfurr m~ III:II. .._.....CCCCUII'(I lFll' samc for the purpose therein '
~ xpressed.
I
~ W~TNess my hand an~ ~~fficial ~ral in the r~~unt~ an~i stat~ aforesaid this. . . . . . . . . . . . . . . . . . . .day of
~ . April . . . . . . . . . . . . . . . . . . . . 19 _ .83. . ~
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f My Commission~i(pires: , ^
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(Space Below This Line Reserved For Lender and Recorder)
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~ g~ ~ 398 ~a~E 961
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