,
<br /> I �
<br /> prior to entry of a judgmrnt eafoming this Mortgage if: (a) Borrower pays Lender all sums which wouSd be then due under
<br /> ° this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures all
<br /> � breacha of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable 't-
<br /> ( expenaes incurred by I.eader in enforcing the covenants and agreements of Borrower contained in this Mortgage and in �
<br /> enforcing LendePs nmedies as provided in paragraph I8 hereof, including, but not limited to, reaaonable attomey's fees; and
<br /> � (� Borrower4akes such action as I.ender may reasonably require to assutt 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 shal� continue unimpaired. Upon such
<br /> , payment and wre by Horroweq this Mortgage and the obligations secured hereby shall remain in full force and effect as if
<br /> � ' , no acceleration had occurted.
<br /> 2Q Asstgnmeot oE Rents; Appointment of Receiver, Lender in Possession. As additional security hereunder, Borcower
<br /> hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to accelerati6n under paragraph � 8
<br /> a heroof or abandonment of the Property, have the right to collect and retain such rcnu as they become due and payable.
<br /> , ; Upon acceleration under paragraph 18 heroof or abaodonment of the Property, Lender, in person, by agent or by s.
<br /> , # judicially appointed receiver, shall be mtitled to enter upon, take possession of and manage the Property and to wllect the
<br /> ; rents of the Property, including those past due. All renu collected by Lender or the receiver shall be applied first to paymeM
<br /> of t6e costs of management of the Property and collection of rents, induding, but not limited to, receiver s fees, premiums on '
<br /> `� receiver's bonds and reasonable attorney's fees, and then to the surns secured by this Mortgage. Lender and the receiver �
<br /> � � shall be liable to account only for fhou rents actually mceived. `
<br /> ; 21. Fntare Advances. Upon request of Borrowcr, Lender, at Lender's option prior to release of this Mortgage, may 4
<br /> , a 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 secured hereby. At no time shall the principal amount of the r
<br /> indebtedness secund by this Mortgage;,not including sums advanced in accordance herewith to protect the securiry of this �
<br /> � MoRgage, exceed the original amount o{ the Note plus USS . . 1 .1 .,.025...00 . . . _ . . E,
<br /> 22. Release. Upon payment of alt sums secured by this Mortgage, Lender shall discharge this Mortgage without ?
<br /> ' charge to Borrower. Borrower shall pay ali costs of recordation, if any. r
<br /> a �
<br /> .1 .. IN WITNESS WHEREOF, Borrower haz eaecuted this Mortgage. ° �
<br /> ' /.%.''.�y� . .�`�`� ..�. ' . � .;
<br /> . � . . � . . . . . . . . . . . . . . . . . . . . . . . . . . `
<br /> L✓ r
<br /> ; Steven S . Staaffer / —eo..ower `
<br /> � . . . . . . . . . . . . . , ;
<br /> � �./. . . �1� �. . � J `n�.
<br /> � Lucy M . St uf fer —ea�ro�« ; ;,ti-
<br /> � . . . . _ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ; ,"
<br /> S're'rE os N$sw►sxn, . . Ha 1. I . County ss: � � "
<br /> ', �:
<br /> � . � � . . . . . . 26th . . . . . day of . . . . . Apri I . . . . . . . , 1978. . . before me, the undersigned, a Notary Public ! �
<br /> t du�lY commissioned and qualified for said county, personally came . STEVEN .S . . S�fILlF.F.ER • qp1D. .LUG'X • M : - • • • • •
<br /> STAIlFFERt . husband . and , w,i fe ,� , e�ch, i n, .h lS . aPd. .h@r. _ own. r.i .ght a as . ou��e known to be the {
<br /> � . identical person(s) whose name(s) are subscribed to the foregoing instr��e���an8��owledged the execution i�
<br /> � thereof to be . . . . :r:he i c- • • • • . voluntary act and deed. E ` ' �
<br /> ,� . .
<br /> Witness my hand and notarial seal at . . . . . . . 6rand . Ls ! a�d•,- �PlebFaska • • • • • • • • • - � � said county, the ;
<br /> � . date aforesaid.
<br /> � My Commission expires: V k � e. Z7 � � � `! � 1 '
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<br /> � ` P.Q. Box 1009 �
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