HomeMy WebLinkAbout0982 ~
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prior to entry of a judg.mtnt enforcing this Mongage if: Botrowee pays l.ender ali sums K~hich vr~uld bc tt?en due under this Mongage, t8e
No1e And notes ~esu~ng Futurc Advanas. if any, had na accelcmtion occumed; (b) Borrowcr curcs all hrcaches of u~y nther ro~ena~ts or
~grcemenis of i3orrowu contxineif in this MortgAgt; (e) Hortowor ~ya aU rcuozabk exptnses incurerd by L.ender ln e~forcing lha coveoants
su~d agr~emeMs o!' Borrower co~tii~cd in this Mottgnge uid in enforcing Le~tder's remedies u provided in puagraph 18 hereof, including, b„t
not limit~d to, nu~nabk attorne~~~ fees; and (dy Botrower takes such ~ction ~ Lender may rcssonably raquire ta assure that tf~t lien of thit .
~ Mangage, Lx~der's interost in the Roptrty and Borrowcr's obligation to pay the sumz secured by this Mortg~ge sl~al# continue unimpaired.
Upon such payme~t and cure by Boir~wer, this Mortgage and the obligations xcurtid herrby slwli rcmain in full force and eff~et u if no -
f eccek~ation had occurnd. ~ ~ ~
! 20. AssEgement otRenta; Appointmenl d I~ecelver. As adJilional security hen;unde~, Barruwen c~reby assign3 to L.ender lhe rents of
cfie Propthy. providcci t~~at Borrower shali, prior to acccleration unde~ pauagraph t8 he~tof or tbandonme~it of the Property, have the right to
collect arxi rctain such reNs as they t,tcome due and payatla _ . ~
, Upon accelerati~p under paragr~pQ~ 18 her:;of or ab~ndonmeni of ttr Propeny, Lender stu~!I be entickd to have a receiver appointed by a
cowt to ent~r upc,n, take possession and manage ihe Property and to colleet.tf~e ronts vf the Propetty, including those past due. All rents ~
cotlected by the rrreiver shall ba applied first to payment olthe costs of management of the Propeny and collection of rents, including, but not
limited to, receive~'s fces, prcmiums on rcceiver's bonds and rcuonabk attorney.'s fees~ and then to the sums secuie~i by this Morcgage. The
~ rcceiver shall be Iiable to account only for those rc~ts actually rereived.
i Ftete~re Adr~teces. Upon req~est by Borrow•c~, Lender, at Lxnder's option witt?in twcmy yeus from ttx date of this hlortgsge. may
~ ~r~Alce Fu1urc Ad~•anas to Borrov?•er. Such Futurc Advances, with intertst thercon, shall bt securcd by this Mortgsge when tvidec~ctd by ~
; promissory notts stating that said notes arc sccurcd hereby. At no.timt shaU thc p~iracipa! amount of the irt,debtcdnes~ xcured by this Matgage,
! not inrluding sums advanced in accordance herewith to protect the securify of this ~lortgagr, excad the original amount of the Note plus US S
~ in 3n amount cqual to 5096 thercof.
~ Z2. Rrkaae. Upon paymcnt ~f ~ll sums sr~ustd by this Mortgage, Lcrtckr shall rekase this Mortgage witlaut chsrge to B:~mower.
~ Botrowrr shaii puy all costs of rteordation, if ~n~. ~ -
! _ 23. Attorney's Fees. As used in this Mortgage and in the Notc. "attomey's fees" shall include atrorney's fees, if any, which may be
i . awarded by an appellate court. ' - '
' ~ IN WITNESS WHEREOF. Bomower has executed this Mortgage.
I f
~ Si . sealed and delivered ~ . ~
in t presence of: 1
I ' !
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_ Seal
. ( ) .
-BamwK
~ T DelGrande
~ (Seal)
~ Eleanor DelGrande --8~~
~t,•
y' ,
~ STATE OF F~c~a?. County ss: ' ~
I hereby certify t on this day, before ine. an officer duly auttx~riud in the state aforesaid and in the county afortsaid to
take acknowkdgements~ personally appeared Th~~c np~r,ra~.~P ~nd E~ea„or t1E1GKaacLThi~~~
f;.
_ , to me known to 'vc ii~ person(s) ~escrioed in and who executed the .
fongoing inswment a~d ackr~owkdged befote me that theT---executed the sa.tu for the purpose therein .
ezpressed. - . ~ - _ _ ~
WITNESS my hand and of~icial sea! in the county and staue aforesaid this -~p~h ~ay of
/~a Q ~ s ~ 19~$~. , -
My C'ommission expire€: - ~ /
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~~e~~ew `t'~ ~ State of
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j`~~ ~ ~01 JE4749913 ' 8t L8fg@
IiHed in Nassau C~~
ion EzPireg MarcF?30~ 1
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