HomeMy WebLinkAbout0980 f orm 19~t A P,~q~ J 8 4
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pnor ta entry of a jud~ment en(orc~n~ this Mor~ga~e it: (a) Borrowcr pays l.ender all sums wh~ch would be then due undsr
thli Mon~ae. Ihe Nt+te ~nd nntrc ceourinoe F~~h~r~ AAv~n«a, if .anv, ha~1 nn ~rrel~ratinn necurred; fhl M~rrnver curea
all breaches of any other covenan~s or agreements o( Bor~ower contained in this Mortga~e; (c) Borrower pays all reasonable
ezpenses incurred by Lender i~ entorcing the cove~ants and agr~ements o( Borrowe~ contained in this Mort~a~e a~d in
enforcin~ Lender's remedia as provided in paragraph 18 hereot, including, but not limited to, reasooable attorney's fea: and
(d) Borrower taka s~ch action as Lendc: may reasonabl}• reyuire to assurc that the lien of shis Mcrte~;.., Ltnder's inlerat
in the Property and Borrower's obligation ta pay the sums secured h~ this Mongage shall continue unimpaired. Upon such
payment and curc by Borrower, this Mortgage and the obliga~ions secured hereby shall remain in full (orce and eftect as it
no accelention had occurred.
20. Asst~nment ot Rents; Appointment of Recei~~er. A, ~dditional ucurit~~ he~eunder, Borrower hereby aui~ns to
LenAer the rents ot the Property, proridtd that Borro..er chall, prior to acceler~tion under paragraph 18 heroof or abandon-
ment of the Property, h~ve the right to collect and retain such rentc as they become due and payable.
Upon acceleration under paragraph 18 hereof or ahandonment of the Propeny, Lender shall be entitled to have a
rcceiver appointed by a court to e~ter upon, take possesswn of and man:,ge the Property and to collect the rents of the
Property, including those past due. All rents collected b~~ the receiver shall he applied first to payment of the costs ~i
management of the Propert~• and collection of renls, including, but not limitrd to, receiver's (ees, premiums on rezeiver's
bonds and reasonable attorney's fees, and then to the sums ucured hy this Mortgage. The receiver shall be liable to account
only for those rcnts actuqlly received.
21. Fufure Advances. Upon request by~ Borrower, l.ender, a~ I_ender's option within twenty years from the date o[ this
Mortgage, may make Future Advances to Borrower. Such Future Advancc~. with interest thereon, shall be secured by this
Mortgagt when e~idenctd hy promissory notts stating that ~aid notec are tecurcd hereby. At no time shall the principal
amount of the indebt~dneu secured by this Mortgage, not including sums advanced in acco~dance herewith to protect iht
security of this Mortgage, exceed the original amount of the Note plus uss. . . . . . . . . . . .33,600.~~ . , . .
22. Rekase. Upon payment ot all sums secured by this Mortgage, Lender shall release this Mortgage without char~e
to Borrower. Borrower shall pay all costs of recordation, if any.
23. Attoroey's Fees. As used in this Mortgage and m the Note,~"attorncy's fees" shall include attorney's fas, if any~
which msy be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this'MoJtgage. ~ ~
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Signed. sesied and delivered . 1 "i , / ~ ~ - I
in the Dresenct of: -
C~iARLFS A. QtNS'T, JR. r7-
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Sr~TE oF~(~Olt~{ P~YLVANIA County ss: `
I htreby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appearcd
~ARI.FS A. ERNST, JR. , A MARRIED MAN
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` , to me•known to b~: the pe:rson(s) described in and who executed the
; toregoing 'snstrument and acknowledged befor~ me that Borrower executed the same for the purpc~se therein
` expresud.
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E WtTNESS my hand and of~'icial seal in the count~ and statc aforesaid this f l day of
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~ 00182001306
~ Q020078142
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