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prior to entry of a judgment enfor~ing this Mort~age if: (a) Borrower pays Lender al! aums wbich would be then due urtder ~
this Mortgage. the Note and nota securing Futun Advancq. if any, had no aoceleration occurred; (b) Botrower cutes
all breac.hes of any otl~et covenanta or agroeme~ts of Borrower contaiaed ia this Mort~age; ic) Borrower paya ail reasonaWe
eacpenaes incurrecl by Lendet. io eoforcing the covenanu and agramepta of Borrower contained in this Mortgag~e and in
enforcing I.ender's nmedies as provided in pa~ragraph 18 hereof. including. but aot limited to. reasoaable attorney'a feea; and
(d) BoROwer taka such acNon as I,eader may reasonably require to assure that the lien of this Mortgage, I.ender'a iaterest
i~ the 1'ropah+ aad Borrower's obligation to pay the sums secured by this Mortgage shal! oontinoe uaimpaired. Upon auch
payment and cure by Borrower~ this Mortgage aad tha obligatians securod henby shall ~remaia in full force and elfect as if
no acceleration had oocurnd.
24• A~need of Reatr, Appoletment oE RecN~er. As additanal security hercunder, Borrower hereby assigns to
I.ender thc rents of th~ Property, provided that Borrowe~ shall. priot to acceleration under paragraph 18 htreof or abandon-
ment 9f the Property. have the right to rnllect aad retain snch rents aa they b~come due and payabk.
Upon aoaleratioa uader paragraph 18 hereof or abandonnxnt of the Property, I.tnder shall be entitlod to have a
roceiver appoiated by a court to enter upon, take possession of and manage ttie Property and to rnllect the nnts of 1he
Pmperty. including those past due. All rents collectod by the receiver shall be apptied 6rst to payment of the costs of
management of the Property ~nd collxtion of r~enu, i~cluding, but not limited- to, raxiver's fas, promiums on receivei
s
bonds and r~asonable attoraey's fas, and then to the sums secured by this Mongage. The receiver shall be liable to account
only for those reats actuaqy roceived. .
21. Pbtort Advaeces. Upon request by Borrower. Lender, at Lender's option within twenty years fr+vm the date of this
Mortgage, may malce Future Advances to Borrower. Such Future Advancas, with interest theroon, shall be sxured by this _
Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal
amouat of the indebtodaess secured by this Mortgage. not including sums advac~ed in accocdance herewith to protect the ~
security of this Mortgage, eaccoed the originai amouni of the Note plus USS. . . . . . . . . . . . . . . . . . . . ~
22. Rekar~e. Upon payment of al! sums secured by this Mortgage. Lender shall rekase this Morigage wit6out charg~ '
to Borrow~r. Bonower shall pay all costs of recordation. if any. ,
23. Attorne~s Fees. As used in this Mortgage and in the Note, "attorney's fces" shall inctude attorney's fces, if any, ~
which may be awarded by an appeliate couri. ~
IN WITNESS WHEREOF. Bonower haz executed this Mongage.
Signed, s and delivered
in the p ce of:
. . . . . . ~titiH~ . . . . . . . . . . . . . . . . . . . . . . . . , ;R . . . . . . . . . . . . . . . . . . . . . (Seal)
JERRY R. CARPENTER
. . . . . . . ~ : . . . . . . . . . . . . . .1~~h!~iC~c-.
~'/.f'.-. 1 . . . . . . . . . . . . . . . . cseat~
OONNA M. CARPENTER ~ ~
STATE OF ~~i~~~~X. . . . . N : ~F.1~~ . . . . . . . . ! n ~1.~ ~ COWI~y SS:
I hereby ~certify that on this day, before me, an officer duly authorized in the siate aforesaid and in the couaty
aforesaid ta take acknowledgements, personally appeared. .J~RRY. R.. .GARP~NT~R .ANQ. DDNNA .M. . CARP~.NtER
• • • • •H~$• ~lI•F~ . . . . . . : . . . . . . . . . . . to me known to be the person(s) described in and who executed the
foregoing instrument and acknowiedged before me that. ....T~~Y. ....eaecuted the same for the purpc~se therein -
expt~ssed.
WrnvESS my hand a~d official seal in the county and state aforesaid this. ly .
~ day of
.......~~N~
......................19 8¢....
~My Commission expires: PATRICM A. OffRSEN ~ ,
MOTARr PIIBI{C OF NEMI ~c±iSt~ ~ O
~ ~21"~±~~
. Co~rNnis~on Ewprres Aen'
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~~~K~3~ P~~E 993
FORM-316 ol p
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