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99105079
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Last modified
3/13/2012 5:42:28 PM
Creation date
10/20/2005 11:22:51 PM
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DEEDS
Inst Number
99105079
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� � � � gg_ saso�9 <br /> 6. NotWithstanding Mortgagee' s acceleration of the sums secured by this <br /> mortgage� Mortgagor ehall have the right to hava any proceedings <br /> begun by Mortgagee to enforce this mortgaga discontinued at any time <br /> prior to entry of a judgment enforcing this mortgage if (a) Mortgagor <br /> paya Mortgagee all sums which would be then due under thia mortgage ; <br /> (b) Mortgagor cures sll breachea of any other cdvenanta or agreements <br /> of Mortgagor coatained in this mortgage; and (c) Mortgsgor pays all <br /> reaeonable expenses incurred by Mortgagee in enforcing the covenanta <br /> and agreements of Mortgagor contained in this atortgage and in <br /> enforcing Mortgagee's remediea as provided in psragraph S hereof. <br /> Upon auch payment and cure by Mortgagor� ,, this mortgage and the <br /> obligationa aecured hereby shall remain in full €orce and effect as <br /> if no acceleration had occurred. <br /> 7 . Upon ecceleration under paragraPh S hereof or abandonment of the <br /> property, and at any time prior to the expiration of any period of <br /> redem�tion following foreclosure aale� Mortgagee shall be entitled, <br /> to the extent provided Uy applicable � la�r, to have a receiver <br /> appointed by the court to enter upon. take posaesaion of and manage <br /> the property and to collect the rents of the property including those <br /> past due. All rente collected by� the receiver ahall be applied first <br /> to payment of the coots of management of the property and collection <br /> of rents, including. Uut not limitad to� racaiver's fees snd premium <br /> on receiver's bande. and then to the sums secured by thie mortgage. <br /> The receiver shall be liable to account only for those rents nctuslly <br /> received. <br /> 8. Any forbearance bY i eraffordediby eapplicable8law�rshall�notrebeda <br /> hereunder, or others�+ <br /> waiver af or preclude the exercise of any such right or reme dy. T he <br /> procurement of insurance or the payment of taxes or othnr lienc or . <br /> charges by Mortgagee shall not be a waiver of Mortgagee's right to <br /> accelerate the maturity of the indebtedness secured by thia mortgage. <br /> 9. All remedies provided in this mortgage are distinct and cumulative to <br /> any other right or remedy under this mortgage or afforded by law or <br /> equity� and may be exercised concurrently� independently or <br /> successively. <br /> 10. The covenants and agreements herein contaiaed ehall bind, and the <br /> right hereunder shall inure to� the respective succeasors and assigna <br /> of Mortgagee and Mortgagor. All covenants, and agreemente of <br /> Mortgagor shall be joint and several. Preaentmant� notice of <br /> dishonor� and protest are hereby waived by all makera� sureties, <br /> guarantora, and endorsere� hereof. <br /> 11. Except for any notice required under applicable law to be given in <br /> another manner� (a) any notice to Mortgagor provided for in this <br /> mortgage shall be given by mailing such notice by certified mail <br /> addressed to Mortgagor at the property Address or at such other <br /> 3 <br /> � <br />
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