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18. Borrower's Ri~t to Reinstate. Notwithstanding Lencier's acreteration uf tne ~um~ secured by thu Munga~c ~fue to
Burrower's breach, F3orrower shall have the right to ha~•~ an}• proceedings begun b~• t_ender to en(orce thi. Murt~age
discontinued at any time prior to entry nf a judgment enforcing this Morigage if: (a) Borrower pays Lender aU sums which
wou~d be then due under this Mongage and the Note had no arcekration ocrurred; (b) Borrower cures all breachc-s of ~m
other covenants or agreements of Borrower contained in this Mortgage; (c) BorroK•er pa~~ all reasonable expenses incurrrd
by 1_ender in enforcing the covenants and agrcements of Borruwer con[ained in this Mortgage, and in en[orring Lendrr's
remedies az provided in paragraph 17 hereof, including, but not limited to, reas~~nable attorncys'fees and coun costs; and (d)
Borrower takes such action as Lender may reasonabty r~yuire to assure that the lien o( this Mongage, l.ende~'s interest in the :
Property and Borrower's obligation to pay the sums secured by this Mortgdge shall continue unimpaired. Upon such
payment and cure by Borrower, this Martgage and the obligations secured hereby shall remain in iull force and effect as if no
aceeleration had occurred.
20. Assignment ot Re~ts; Appointment oi Receiver. As additional s~,~curiry here~u~der, Borrou•en c~reby assigns to l.endcr
tne ren~s oi tne rropeny, proviciea tnat isorrower snaii, priur to acceier~tion under p:~ragraph i~ nereut or a~andanment oi the
Property, heve the right to colk•ct and retain such rent. a~ they hecome due and payable.
Upon acceleratiun undcr paragraph 17 hereol or ahandonmem of the Nro~x;rty, Lender ~h: II he entitled to have a rece~~•er
appointed by a court to enter upon, take poa~e~cii~n ul ~ind manage the Property~ and ~o collect thr rents of the Pn~Ex:rt~• including
those past due. All rents collected by thc recriver shall he aprlied first tu payme~i! ol the cotits o( m:~n~?~emcnt of thr Propen~• and
collection of rents, ineluding, but nu~ ~i~nitrd tu, recriver'~ f~~c~s, premium+on rrceiY~r's hondti and reasonahle auurneys' (ee., and ,
then to the sums secured by this MonR;~ge: Thc rectivrr ~hall be liablr to nccount only far thosc rents actualiy rcceivecl.
21. Release. Upon pa~~ment of a!1 sums secur.d by this Mungag~, Lender shall rele~u this Mortgage without ch:~rge to
Borruwer, except [or a reasun:~ble fee to tx pai~i to a third p~rt~~ to rflc~t this rele:~.u~ and aU cost, of rrcordntio~
22. Attorneys' F~ees. As useci in this Mortga~n nnd in the tiute, °attorneys'tees"shall include atic~rnr}•~'ters, it any, ahich ma~~
_ he awarded by an ap~llate rcwn. ~
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REQUE.ST N'OR nOTI('E:OF' DEhAUI T
AND FORECLOSURE Ui~;DER SUPERlOR ~
MORTGACES OR DE EDS OF TRUST ~
Borrower and Lender reyuest the hotder of any~ murtgage, deed of trust ur other encumbrance H ith a lirn which h:~s priority
o~er this tilortgage to gi~•e Notice to L.ender, at Ixnder's address set forth on page one of this Murtgage, of an} default under the
suEx:rior encumbrance and of any sale or other foreclosure action.
F.
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~ 1~ WiT~FSS WHFREt~F. Borrowerhasexecute.i this Mangage.
NOTICE TO BORROW ER
Do not s~ his Mortgage if it contains blank spaces. All spaces shoutd be completed before you sign.
Signed, le~and de ~ ered in the presence of:
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. . ~G~^4!f/.~ ..!!t~..-" .........(Seal) ~
i DONA D L. DA SON ~
k . . . . . .~'~5~. . . . . .J . . . . . . . . . . . . . . . . . . (Seal) ~
r . KAY S. DAVIDSON Horrower ~
STniFOF ORI[~.4. P.SJ,ID..Be~C~l Count}~ss: . '
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~ 1 hereby certily that on this day, before me, an oflicer duly authorir_ed in the state aforesaid and in the count}~ aforesaid to take
~ acknowledgments,personally~appeared ...DpNALR.L..DA~IIDSQD1..and.KAY.S...DAVIDSlDN.,.........,
~ hi s. .wif e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
to me known to be the person(s) described in and who executed the foregoing instrument and acknow~edged l~efore nze that
they. executed the same for the purpose therein expressed.
W rr~ Fss my hand and official seal in the county and ate aforesaid this ...9 th day of . e.e i9 $ 5...
~ M}~ Commission expires: . . . . . . . . . . . • : . . . . .
(SEAL) . . ,
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, (tipace Belcnv "Thi~ L~ne Resened L ender and ~ j~,,,~
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