HomeMy WebLinkAbout0947 Form194-A Pye3A~
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prior to entry of a judgment enforcing th~s Mortgage if a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and nota securinY Future Advanccs, if any, had no acceleration acurred; (b) Borrower cuoa
all breaches ot any other covenan~s or agrcements of Borrow•or containcd in this Mortgage; (c) Borrowet pays all reuonable
expenses incurred by Lt~der in enforcing ~he c~venams and agretmtnts of Borrower contained in this Mort~a~e snd in
~ntorcing Lender's remedies as provided in parag~aph 18 hereof, includiog, but not limited to, re~sonable attorney i fees; and
(d) Bunewer t3l~~s s~s:h sction as Lea~t~ -e~s~.^.sbl~~ reyuire to assure !!:s! ,hr !:en e! S!~~s !4!^•tgsge, Ltn~!er•e +:!±t~.~st
in the Property and Borrower's obligation to pay the sums secured b~~ this Mortgage shall continue unimpaircd. Upon such
payme~t ~nd cure by Borrower, this Mortgage and the obligations secured h~reby sh~ll remain in full force and efiect as if
no accelerat~on h:d occurrad.
20. Ass~nmeM o[ Rents; Appointment of Recei~•tr. A~ addrtional cecu~i~~~ hereunder. Borrower hereby assigns to
l,ender the rents of the Property, pro~•ided that BurroNer chall. prior to acceler~tion under paragraph 18 he?eof or abandon-
ment of the Property, have the right to collect and retain such rentc as they become due and payable.
Upon acceleration under paragraph 1R hereof or abandanment of the Prop~rty, [.tnder shall be entitled to have a
roceiver appointed by a court to enter upon, take possessiun of and manage the Property and to collect the rents oi the
Property, including those past due. All rents collecttd b}• the receiver shall he applied first to payment of the cosu of
mana~tment of the Pmperty and collection of ren~s, including, but not limited ~o, receiver's fets, premiums on rectiver's
bonds and reasonable attorney's tees, and then to the sums ~ecureJ by this Mortgage. The receiver shall be liable to account
only for those rents actually received.
21. Future Advanca. Upon request b}~ Borrow•er, l.ender, at I.~nder's opt~on within twenty yeirs from the date of this
Mortgage, may make Future Advances to Borrower Such Future Advances, with interest thereon, shal( be secured by this
Mortgage when evidenced by promissor}~ 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
securiry of this MorCgagt, excccd the original arnount of tfie i~Iote pluc uss. ..._..33.,600.~Q .
IZ. itekaie. lipon payment of all sums secured by this Mongage, Lendtr shaU releax this Morigage wiihout char~e
to Borrower. Borrower shall pay all costs of recordation, if any.
' 23. Attordey's Fets. As uxd in this Mortgage and in the Note, "attorncy's fees" shall include attorney's foa, if aay~
which may be awuded by an appellate court.
IN WITNESS WHEREOF, Borrower has ex Mortgage.
Signed, sealed and delivcred . S
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in the Dresence of: ~
A. II2NS'T~ JR.
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STATE OF ~r}{, p~,~~SyI,~IA ~Ci ~ ~ < < ~ « ~ County ss:
I hereby certify that on this day, before me, an officer dul} authorized in the state aforesaid and in the county
a[oruaid to take acknowteagements, peraona~~y appeared
Q~ARL.ES A. E~tIZST, JR. A MARRIE~ MAN
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~ , to me-known to b~ the p~:rson(s) described in and who executed the
foregoing instrument and acknowledged before me that Borrower rxecuted the same for the purpose ther~ein
expt+essed.
WITNF.ss my hand and official s~al in the count} and statc aforesaid this _ ~l` day of
~ APtZTL , 19 83 . !
~ My Commission expues: ' . ~ -
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~ (Sp~ce BNOw Thls line Rts~rved For LerWtr snG Recotdl~
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~ 00182001389
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~ 002007$100
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~ R~sse + 6 Sch~no.r ~~~~re*s
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