HomeMy WebLinkAbout0963 •:r~ ~r.
~rior to entry at a judEment cnforcin~ chu Monp~+e if: (a) 8orrower poys Ccnde~ all iums which wouid bc then due unde~
this Mort~ap, tAt ?Vote ~nd nota securin~ ~uturo I~dvances, it any, had no aocclerati~n occurred: Ib) Borwwer cures '
all brs:ches o! anr other covenana o~ atreemenb oi 8orrowe~ contal~ecd in th+s Monp~e; tc) Borrower payt all reasonable '
~xPensts ~nct+R'ed bry Lender in en[orcin~ the rnvenants and a~reements of Bomower contained in this Mon~agt and in '
enfor+cin~ Lendet's c+emedies as provided i~ pan=raph 18 hercof, i~cludinj. but not limited to, :ea~onable ateomey's fea: and
Cd) Borrawer talcp wch acti,on u(,tnde~ m~r raso~ibly rcquire to assurc that the lien of tfiis Mongage, Lender's interat
i~ ths Propec;y aad BotTOwe~ i o~li~ation to par the sums securod by this Monga~c shall contin~e ur.impaircd. Upon such
PaYma~~ ind cnee b'p Botro~ret. this MortpR and the obliptioro sscured fitrebv shail rcmain in (ull force and eRect as if
no aaekration had oceutred.
2~• Aa3~est ot RsN~ Appoiat~ne~t ot Reeeiver. As additional sacurity hercunde~, $oROwer heteby assians to
I~ndee tGe renb of th~ ~'roperty~ provided that Sarrower shall, prior to accele~atio~ under pssag~aph 18 `~ereof or abando~-
~rent ot the I`roperty~ have the ritht to collat and rctain such ~ents as they beco~ne due and payabls.
Upon accelesation under pan~raph 18 hereot or abaedonment ot t3~e Property, Ltnder shall be entitled to have a
rcceiver appanted b~ a court to enter upon. take posses.sion of znd manage the Property and to collect the rents of the ;
Properqr. includins tfioae past due. ^Il re~u coll~cted by the receiver shall be applied Arst to payment of the cosu of i
ma~a~emeat of the Property and colleetion o[ rents. includins. but ~ot limited to, rcceiver's fea, prcmiums on rcceiver's i
bonds and rc~onabk attorney's fea. ar.d chen to the sums seeurod by this Mortgage. Thr receiver sha0 be liable to account ~
only Eor tl~we ~+enls sctutUy meiYCd.
21. Frfare Adrarees. Upon request by 8orrower. Lender. at Lender's option within twe~ty years fram the date of this ~
MoetEage, may make Futurc Advancn eo Borrower. Such Future Advanca, with intercst thereon, shalt be secured by this
Mortp~e w~hen evidenced by promissory nota ststin` that uid nota arc secured hereby. Ar no time shall the principai
=inount oi tl~e indcbled~xss secured by this Mortaaae. not including surtu advanced in aaordance herewith to protect ehe
securitp of this Mortgage~ eacexd tlte original ars~ount of the Note plus USS. ...L~~ .
22. Relea~e. Upoe payment of all swns secured by ehis Mortgage. Lender shatl reteue this Mortgage without charge
to Borroaer. Bortaaet shall pay atl costs of c+ecordation, if any. ~
Z~. Attoruey's Fees. As iised in this Mortgage and i~ the Note. "attorney's fees" shall include attorney's ftes. if any,
which may be awarded by an appellate court. ~
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IN WITNESS WHE1tEOF, Borrow~er has executed this Mortgage.
Sigead, sealtd ind ddiv~tc+cd
in t6e p ncx of:
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. . .G~ . . . . . . . . . . . . . . . . . . . . . . . . . . .
I~E PLYNt, JIt v~~ -~«~or.e.
. . . . . ~ • ~
) . . . . . . . . . . . . . . . . . . ~ . . . . . . . . . (Sea~)
S P~+~"~ ~ -sonow~r ~
Sr~T~ oF Fr.oRen~, . . . . . . . . ST.. LUC~ . . . . . . . . . . . . . . . . . . . . . .County u: 3
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I herby otrtify tbat on this dsy, beioc~e me, an ~fficer duly authoriz,ed in the state aforesaid and in the county ;
afotesaid to take ackno~?ledgements. persoRally appwred. ...~;D .I,.~. p~.~'j,. .~2. .~1p. Jp~T~.g ,pi,yM, . 2~7~s wife
• • • • - • • • • • • • • • • • • • . . . . . . . . . . . . . . . . . to me Dcnown to be the person(s) described in and who executed thc ~
fortgoing instrument and acknowledgcd before me that. .......executed the samt for the purpose therein
expnssed.
Wtt`t~r~~
y h d and official seat in the~y,a~y and sta~e aforesaid this . . . . . . . . . . . . . . . . . . . . . . day of
. . . . . . . . • • • 0` . . . . . . . . . . 19. . . .
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(30~ct d~low This Lin~ Reserv~A Fot Lender snd R~tordat5 ~
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ROGER P~I~,;,
ST. LUClc . ~
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~ 1 ~ ' y ~ BOOK PdGE
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