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HomeMy WebLinkAbout0915 . 1 ~ prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under ~ this Mortgage, the Nate and notes sccuring Future Advances, if any, had no acceleration occurred; (b) Borrower cures ~ all breaches of any other covenants or agreemenu of Borrower co~taincd in this Mortgage; (c) Borrower pays all reasonable ; expeases incurrod by LeAder in enforeing the covenants and agrcements of Bt,nowcr contained in this Mortgage and in enforcing Lender's remedies as provided in paragraph ! 8 hereof, including, but not limitod to, reasonable attorney's fees; a~d (d) Borrower takes wch action as Lender may reasonably reguire to assure that the lien of this Mongage. Lender's interest in the Property aad Borrower's obligation to pay the sums securcd by this Moctgage shall continu~ unimpaircd. Upon such payment and cure by Borrower, thia Mortgage and ti~e obligations securod hereby ahall remain in full force and effect as if , ao accelcration hsd oocurrod. - 2A. Asdpemeot ot Re~tfi Appc~istsseM oi Receiver. As additional security hereunder, Borrower hereby assigns to Lender the e+ents of the Property, provided that Borrow~r shall, prio~ to accele[ation under parag~aph i 8 hereof or abandon- ment of the Propetty, have the right to collect aad retain such rcnts as they bxome due and payabte. Upan accekratioo under paragraph 18 henof or abandonment of the Property. L.ender shall be entitled to have a roceiv~r appointed hy a court to enter upon, take peusession of and manage the Property and to collect the renu of the Property, including those past ~dut. All reats collected by the ra~eiver shall be applicd first to payment of the costs of • managemeat of tht Ptoperty and co[tection of re~ts, including, but not limited to, receiver's fees, premiums on receiver's bonds and rcasonabk atiorney's fees, and then to the sums socured by this Mortgage. The receiver shall be liable to account oniy for those reats actu~tlly rxeived. 21. Ftirtare Adraocts. Upoa request by Borrower, I.ender. at Lender's option within tv?~nty years from the date of this Mortgag~~ may make Future Advances to Borrower, Such Future Advances, with interest thereon. shall be secured by this Mortgage whea evidencod by pramissory nates stating that said notes are sccurod hereby. At no time shall the principal amouot of the indebtedness aecured by this Mortgage, not including sums adva ~ in socordance herewith to protect the security of this Mortgage, exceod the orig'~nal amount of the Note ptus USS. . . . . . . . . . . . . . . • • . - . • • • . - ~2. Rdea~e. Upon payment of all sums securod by this Mortgagc. Lender shall rolease this Mortgage without charge to Borrower. Aosrawer shall pay all costs of rceordatian, if any. ~ ~ 23. Attoney's Fea. As used in this Mortgage and in tAe Note, "attomey's fees" shalf include attomey's fees, if any. which may De awarded by an appollate court. IN W[?NESS WHEREOF, Borrower has ezecuted this Mortgage. Signed, sealed and delivered in the presence of: ~ . . . . . . . . . . . . . . : . . . . . . 1~: . . . . . . . . . . . . . . . . . . . . . . . . . (Sea.t) CSS~ E. S~i -eorrow.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . : . . . . . . . . . . . . . . cs~~ ~aar~ L. s~~ STATE OF II.LlIlO1S ~ . . . . . . . , ~ ~.~P.~ . . . . . . . . . . . . . . . . . . COllilt~/ SS: I hereby certify that on this day, before me, an off'icer duty, authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared. .~fforc~ ,F, , $p~i.,t~ ppt~ , S~i~~ . , . . . . ~f~ . . . . . . . . . . . . . . . . . . . . . . t~ me known to be the person(s) described in and who executed the foregoing instrumeat and acknowledged before me that executed the same for the purpose therein expressed. i WtrrtESS my hand and official seal in the county and state aforesaid this : . . . . . . . . . . . . . . . . day of .......J~ .....................19.$3.... . My Commission exgues: ~ ~ ~ Zg ;l , . . ~ 1 a ~ r~, v~aK . , . ~r' ."~i - ^ : ~ ~ ~ - • . ~ , 'r`a . - . ~ _ ~ , _ - ` % ~ . w+r • J ~ ; t g ~ j- ~f ; (sc•c. sslo~w rnis lin. Rea..v.a Fa Le~a..:nd R.ooras~ I'~ .~AV 22 J~t !1~ 59 F7; l~ crtCP;xA ST.1 Uf.tF tC~H"! ~ 1 A. HCG~ R PCI T p; S CLCRK ~IRCUII Cp~. 1 ' '~r "-~~:;,'r'fn. _ ~ Boo~503 9 13 ' c~~i.s~? m~.E s~ cv ~c~~ p~F 1~J$ . ~u~rmr ca . . ~ - -