Laserfiche WebLink
prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under <br />this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred: (b} Borrower cure's all <br />breaches of any other covenants or agreements of Burrower contained in this Mortgage; (c} Borrower pays all reasonable <br />expettses 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 not limited to, reasonable attorney's fees; and <br />(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest <br />in the Fraperty 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 shalt remain in full force and effect as if <br />no acceleration had occurred. <br />20: Assignment of Rents; Appointment of Receiver, Lender in Possession. As additions! security hereunder, Borrower <br />hereby assigns to Lender the rents of the Properly, provided that Borrower shalt, 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 entitled to enter upon, take possession of and manage the Property and to collect the <br />rents of the Property, including those past due. All rents collected by Lender or [he receiver shall be applied first to payment <br />of the costs of management of the Property and collection of rents, including, 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 liable to account only for those rents actually received. <br />21. Fnturc Advances. Upon request of Borrower, Lender, at Lender's optian 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 secured hereby. At no time shall the principal amount of the <br />indebtedness secured by this Mortgage, not including sums adv~pcetl~p ~~ordance herewith to protect the security of this <br />Mortgage, exceed the original amount of the Note plus USS... V. a .............. <br />22. Release. Upon payment of all sums secured by this Mortgage. Lender shall discharge this Mortgage without <br />charge to Borrower. Borrower shall pay all costs of recordation, if any. <br />IN WTfNESS WREREOF, Borrower has execute~d~t*his M/ort~gag~e. <br />.. <br />li. Bert ~Str•ingfe „~ ~~ ~ ~~~~~~~~~~~~~-$~ <br />a'~ ~`' `-f `` ,~ <br />Shirley F~.~tri ngfel l ow >y ,,' -aarrawer <br />,, <br />SrnrE of NEaResxA .............. HALL... .. ...................Countyss: <br />On this........?5th . , , , ,day of._ ... ,February , , „ 14..83 before ate, the undersigned, a Notary Public <br />dtil commissioned and qualified for said county, personally came ~ .BERT ,STRI{i~F~l,t,0~1.. ANA .$HIRIEY. f., <br />STR~N~FELLOW>.husband.and wife .......................... ,......,to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be..... , thel r. , , ,voluntary act and deed. <br />Witness my hand and notarial seal at.......... Grdnd, ISldnd, ,N@bldS.kd ........in said county, the <br />date aforesaid. (~ <br />My Commission expires: ~` `3 ~" ~ ~~~ [~ <br />• • ' Lary Public <br />ipWl Igran-Spb at riww <br />Q.~ <br />~~~11~~a~ <br />`~` <br />~'!.. <br /><"'{ <br />~_ <br />[Swce 8alow This Lira ReServatl Far Lantler and Recortlar) <br />Q <br />Z. <br />G <br />~' M <br />/# ~ ~ ~ <br />~~ <br />~ :~ -~~, <br />~z <br />..... <br />l.. <br />Q <br />N <br />OD <br />~~ <br />