Loading...
HomeMy WebLinkAbout0969 . , ~ •i ~ s~~ ' . . priur to entry ot a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sur~trNch would be tl~n due under ~ this Mortgage, the Note a~d notes securing Future Advanca, if any. had no acceleration occurred; (b) Borrower cura ali breaches of any other covenants or agreements ot Borrower contai~ed in this Mortgage; (c) Borrowet pays all reuonable expensts incu~red by Lender in en[orcing the covenaqts and agrcements of Borrower contained in this Mongage sr?d in enforci~g Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attomey's feat; and (d) Borrower takes such actio~ as Lende~ may reasonably require to assurc that the_lien ot this Mortgage. Lender's interat in the Propeny and Borrower's obligation to pay the sums secured by this Mortgage shall contiaue unimpaired. Upon such payment a~d cure by Borcower, this Mortgage and the obligations secured hereby shall remain in [ull [orce and effecl as i( no acceleratio~ had occurred. 20. Assignmeat oE Reats; Appoialmeat ot Receiver. As adJitional security hereu~der. Borrower hereby assigns to I_ender tho rents of the Ptoperty, provided that Born~wer shall, prior to acceleratio~ under paragraph 1.8 hereof or abandon- ment of the Property, have the right to collect~ and retain such rents u t6ey bocome due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property. L.e~der shall be entitled to have a receive~ appointod by a court to enter upon, take possession of and manage the Property and to colkct ihe rents of the Property, including Ihose past due. All rents callected by the receiver shall be applied 8rst to payment ot the costs of management of the Property and collection of rents, including, but not limited to, rcceiver's fea, premiums on receiver's bonds and reasonable attorney's fces, and then to the sums secured by this Mortgagt. The receiver shall be liable to account only tor those rents actually received. 21. Fature Advancea. Upon request by Borrower, I.ender, at l.ender's option within twenty years from the date of this Mortgage, may make Future Advanca to Borrawer. Such Future Advances, with intercst thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage,-exceed the original amount of the Note plus USS. . . . • . . . . . . . KONE, , , , , _ _ . , , „ 22. Rele~e. Upcm payment of all sums secured by this Mortgage, Le~der shall release this Mortgage without chuge to Borrower. Borrower shall pay all costs of recordation, if any. ~ 23. Adorney's Fees. As uscd in this Mortgage and in the Note. "attorney's (ees" shaU include attorney's fees, if any, which may be awarded by an appellate court. IN WITNESS WHERF.OF, Borrowcr has caccutcd this Mortgage. ~Signcd, scalcd and delivcred ~ in thc Dr nce of: _ ~'ti( . . . . . -st-~~ (Seal) . . . . . . . . ' . . . ~~'s'F:~-. . . . . . . . . . . . . . . G~, F~ R i cha rd E. S t an i e r_ _ .l'.~'l:!--~ . . . . . . . . . ~.~4~.- S~ . S t ~ ~i e r . . . . . . . . . . (Seal) G0. • N J. PT~,'1~RMAN _ --eo..owc. STATE OF Ft9R~B~. . . . . . . . .M V S K~l.~O!~ . . . . . . . . . . . . . . . . .County ss: 1 hereby cenify that on this day, befoFe mr, an officer duly authorized in the state aforesaid and in the county I aforesaid to take acknowledgements, personally appeared. R~.c.hd~d. ~r. SXa~l~r. ~~d .YyQnne, ,S. , , , , , , . ~ ..Stan.ier., .h i s. w.i.f.e to me known to be the person(s) described in and who executed the f foregoing instrumcnt and acknowledged beforc me. that the}( ....._executed the same for the purpcue therein ~ expressed. ; ~ WirNESS my hand and official sral in the county and statr aforesaid this. .3~St. ...day of ~ . . .March : . . . . . . . 19. 83.. . ~ My Comm~ssion exp~res: ~ ~ ~ . . . . . . S?~~ . . ~~x~ . . . . . . . . . . . . . ~ ~ , ~~K Go-~o T. Te~e @ Notarq Pri,lir., 31:a-'r.~ i'~n CoUnfy~ ~ ~ ;y ~Iy Cumr.:i: :i.,n t-:~{~.nns &'L9$L ~ ~ . ~J ~ . _ _ : ~ ~ _ . " _ : : ~ ~ ~ ~ ~ ~ ~ . • • ~ (Space Be1ow This Line Res~rved For Lenaer snd Recoroeq ; ~ ~ ~ ~ ~ ~ ti x3 k ''3 ~ t„ ~ ~ ~ t1~±ff ~ aoac J~o ?~cE i~rV~ ~ ~ - = 4K . _ ?,a:t~ - ~ ~ S .-.c? ;~=w'3' ~