|
�
<br /> prior to entry of a judgment enforcing this Mortgnge if: (a) Borrower pays Lender ali sums which would be then due unde�
<br /> this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cuns all
<br /> breaches of any other covenants or agreements of Borrower contained in this Mongage: (c) Borrower pays all reasonable
<br /> expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
<br /> enforcing Lender's remedies as provided in paragraph 18 hereof. including, but aot limited to, reasonable attorney's fees; and
<br /> (d) Borrower takes such action as Lender may roasonably require to assure that the lien of this Mortgage, Lender's interest �
<br /> in the Property and Borrower s obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
<br /> payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and eHect as if
<br /> no accekration had occurred.
<br /> 20. Assignment of Rents; Appointmrnt of Receiver, I.ender in Possessfon. As additional security hereunder, Borrower
<br /> hereby assigns to Lender the ren[s oF the Property, provided that Borrower shall, prior to acceleration under paragraph 18
<br /> hereof or abandonment of the Property, have the right to collect and retain such rents as they .become due and payable.
<br /> Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agent or by
<br /> judicially appointed receiver, shall be entiUed to enter upon, take possession of and manage the Property and to collect the
<br /> rents of the Property, inctuding those past due. Al� rents collected by Lender or the receiver shall be applied first to payment
<br /> of the costs of management of the Property and collec�ion of rents, inc�uding, but not limited to, receiver's fees, premiums on
<br /> - receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. Lender and the receiver
<br /> shall be Iiable to account anly for those rents actually received. '
<br /> 21. Futnre Advaocrs. 'Upon reQuest of Borrnwer, Lender, at Lendei s option prior to release of this Mortgage, may .
<br /> make Future Advances to Borrower. Such Future Advances. with interest thereon, shall be secured by this Mortgage when :
<br /> evidenced by promissory notes stating that said notes are securcd hereby. At no time shall the principal amount of the
<br /> Y indebtedness secured by this Mortgage, not including sums adv nc d in accordance herewith to protect the securily of this
<br /> ° Mortgage, exceed the original amount of the Note plus US $ . . ���00 : 00 . _ . . , „
<br /> { 22. Releau. Upon payment of all sums secured by thiz Mortgage, Lender shall diccharge this Mortgage without
<br /> � charge [o Borrower. Borrower shall pay all costs of recordation. i: any.
<br /> a
<br /> 1 IN WITNESS WHEREOF, Borrower has executed this Mortgage.
<br /> ;
<br /> 5
<br /> ;; D. . . . . . . . . . . . . . . . . . .
<br /> Larry D . Co t i n —eo..ow�.
<br /> ; � .
<br /> ` Mae 1 I a CO f f I rl —sorrower
<br /> . . ,��� . _ �� . �����
<br /> i Stn're os Neaxwsxn. . . . . . . . . . . . . H a I I . . . . . . . . . . . . . . . . . . . . . . . . . County ss :
<br /> ` On this . . . . . 6th _ , , , _ _ , , day of . . Mareh , , , , , , . , „ 19 _ Z$ . , before me, the undersigned, a Notary Public
<br /> duly commissioned and qualified for said county, personally came _ La_rry , p ; , �o,f.fi i. � . a � d. Mae . E l 1 en. � f. f i n ,
<br /> husband and w_ i fet , each. _i n h i s and her , own, r, i,ght , and, as .�p4u5eb�h��`he . , to mc known to be the
<br /> identical person (s ) whose name (s ) are subscribed to the foregoing instrument an acknowledged the execution
<br /> tthereof to be . •the F r • • • • • • • • • voluntary act and dced.
<br /> ' Grand I s I and Web raska , , , , , , , , , , , , , �n said count the
<br /> : Witness my hand and notarial seal at . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . y.
<br /> date afaresaid.
<br /> ; My Commission expiresc n����(„„ _ ` � �/���r�
<br /> . . . . . . /l/ J[s'GCi�r! 1 C . . . . . . . . . . . . . . . . . . . . . . . .
<br /> Notary Public
<br /> s�GENERAI NO7ARY - Stsh Ot N�bt.
<br /> DEBOi1AH L K1MBI.E
<br /> YpCom�n. Ea41bv. 23. 1879
<br /> �„�s.e
<br /> �+.
<br /> f't.
<br /> '— (SpaCe Betow This Line Reservetl For Lender antl Recortle�)
<br /> Z '` �f�i �V . .
<br /> V:
<br /> �
<br /> 'c N � "" . ..
<br /> 1) y_ _
<br /> � r� � '
<br /> � t C _ -
<br /> J O ' �y. . ���a •<., _
<br /> � � = . ' .
<br /> �ry O � . � � �. � - L:1 ' "
<br /> [� �� 1 — m 4. _ .
<br /> � `� t :
<br /> _r, � ` ` . C J
<br /> :, , :� , -_
<br /> �-
<br /> �� n -; =c :; `-__
<br /> � U, " .� .-. � � � �..-� ,
<br /> �
<br /> „ � . P ., � .,, �
<br />�
<br />¢
<br /> f}
<br /> t
<br />
|