HomeMy WebLinkAbout0928 {x~~x to entr~ u( a ~udgment enforc~ng thu Mortgage if: (sl Borruwer pays l.er?~ier all .um, Nh~cA wou1J tx itkn dur uodrr ~hi. ~lunr:~~r, thr
Vute arxi cx?tes x~unng Fuwrc A~+ances, if an}, had nu acctlcratiun ~rurtrd: Ib? t3urn~wer rurr~ all brca~hr~ uf an~ ~~~hrr :u~rnant+ i~r
agrtemenls of &~rrower contamcd in this Morigage; (r) &~rtuw'er pay~ aU rea+unabk t~ptnsc~ in:urrcd Dy LArxkr in rnfor. u~~ ~hr.uvrnant.
arxl agnYmen~s uf Bom~wer cvn~sined in Ihis Mongage and in enfon ing Lxrxirr's ren~Jrcs as Exuvidcd in paragraph 1% hrrc~~t. ~nrluding, twt
nut limu~til tu, rc~:un.~bk auurne~\ tc~~,: arai Id1 Bum~we~ takes sucA ~~~n as Lrn.ier may rc~~nahl~ reyu?rr to a~wrr thrt itk lien of eh~s
4lortgage. LenJer's intrrcst in tFx Property arKi &imowtr's obligati~m ta p:+y tht ~ums x~urcd by ~his M~,nFagr ,h~ll ~~~nunue unim~ir~d.
Upon su:h payment a~xl rurr by Borruwer, this Mortgage a~xi thr ubhgauuns se~urcd t?ereb~ ~hall rrmain in full lurrt arxl rffc~t a~ i( n~~
accrkratnm had occurred.
20. A~ignnrcnt of Rents; Appointment a[ Recti~~er. As aJJiuunal unt} htrcunder, Bono~er hercbr a~s~gm tu l.tnJrr thc rrnt~ of
the Pruperly. pru~'iJed that Barrower sRall, prior to a~rrlerathin un~kr paragraph 18 hereuf ur aban~k~nmrnt ut the Pruprrty. ha~r tt~ nKht to
~ollect arxf rctain such rcnts as they become due anei payable.
Upon acceleration under ~aragraph I8 hereof ~~r abandunnxnt of ~he Pniperty, Lenikr shall he enutled to havr a rrce~ver apFx~~nteJ h~ a
cuurt ro enter upon, take possessiun and man~ge tF?e Propeny and to rollect tFx rents of ttx Pru~n~, in~luJing ~tx~~e p;t.t due. All rcnt,
rullectrd by the rtcei~•er shall be appl~td first to payn~ent of the costs of managemrnt of thr Pmperty and collertiun ui rrnt., in.luJing, twt nut
lim?trd to, rctieiver's fers, premiurru on receiver's burxll and reasvnable auumey's fres, ar?d thtn tu tt~ sum. xcurrd h~ th~~ ~tuttg:~gr. The
receiver shall be liable to account only for tlwsr rents actually rereived.
2L Future Adv~nces. Upo~ request by &~rruNer, L.cnder, at Lerxier's optiun H ithm twenty years frum the dat~ of thi~ \1ung~gr, m:+~
make Fuwre Advances to &xniwrr. Suc:h Future AJvanres, with interest tt~r~m, shall be secured by lhi5 ~1.,rtgage when rvi~rnred b~
prur~issury nutes staUng that said n~+tes are ~cured hereby. At no time shall tt~ pri~x ipal ~muunt of thr indeMr~lne...erured b~ thi, ~t~~ng~ge,
not including wms ad~anced in accordance herea~th to protect the secunty of this Mortgege. etceed thr ungin3l a~nuunt uf thr \~~1r plu. US ~
in an aawunt eyual to Sl~k therec~f.
22. Rtlease. Upwi payment of :~II sums secured b~- this ~tongage, lxnder shall release this ~fon~,~gr wiih.~w charg~ tu f3orruHer.
Borrower shall pay all costs of recorJ~ti~~n, if an~.
23. Attorney's Fles. As used in th~~ Murtgage and in the Nut~, "anumey's fees" shall inrluJr ~uumey'~ fecti, if any, whirh ma~ b~
awarded by an appellate cuurt.
Iv ~'iTN~.ss WHEREOF. Burruwer has executed this Mortgage.
Sigrted, sealed and delivered
in the presence of: ,
" . -
;
~ la~~ ` ~'~'~.l'~^^` (Seall
~ WI L ROHAI3 -e«rc.wer
~ ";/l/~ ~ ~ u t~~--c~- ~ (Seal) ~
` -Borrower
Illinois
STA'!E OF 6~X1X~lX. ` l~J~. County ss:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to I
take acknowledgements, personally appeared WILLIAM ROHAN and IRENE ROHAN, his wife
, to me known to be the persore(s) described in and who executed the
foregaing insvument and acknowledged before me that they executed the same for the purpose therein
expressed.
WITNESS my hand and official seal in the county and state aforesaid this ` day of
July 19~~.
i
~
~I hty Commission ezpires: •
E ~s~~? ~ e'L'""~
' ~,r, ;.~mmiss~on 6cpira Febtuary. 14. I98~ ~ rww~, ~
State of~ Illinois
~ ;~L,;;.~~;; at Large
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