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84000417
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84000417
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Last modified
11/18/2008 3:11:38 PM
Creation date
11/18/2008 3:10:13 PM
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DEEDS
Inst Number
84000417
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;_ <br />prior tae of a ' ~~' ""'° ~} ~ 0 <br />mry }ttdgment enforcing th}s Mortgage if: (a) Borrower-pays Lender all sums which would be thrn due under <br />4 ~ tti}s Mortgage, the Note and itotes~.seeus}ng. Ftimre Advances, if any, had na acce}eraxion occurred: (b) Borrnwer cures": al] - <br />titeacires of--any other:covenanta-ar agreemrnis-of-Borrower contained ir[ this Mortgage:-(c) Borrower-payx.all_reasonable. - <br />ei;petrses incin'red by Lender in enforcing-the: covenants and agrecmrnts of Borrower-contained in this Mortgage and in <br />' 1-^- enforcing Lender's retnedies aspmvided inpatagtaph.lg'hireof, including-, but not timi[edto, reasonable at[oiney's fees; and-- <br />i (d} Borro-aer:takes srtcls3ctron'as !ender may-ieaxevah}g Tequii'~ to-axsitrc ihaithe lien of tfiis-Mortgage;. lender's ititeres[ <br />in the Property and Bormiver'x.obligatianto:pay the:sums secured by this Mortgage-"snail continue-unimpaired:"Uporisuch -- <br />payment and cure by Borrnwer, tFtis Mortgageand~thc ob8gatiatis~secured fiereby shall remain in fulf force-and e$ecLas if - " <br />no acceleration had occuiied> <br />20. .AssiQnmeotofRe~;Appoietinent-oFReeeirer,-I,enderin`Possession..Asadditiorialsecurity-hereunder.Borrower <br />_ - - hereby assigns-to (xndar thdretits of-the--Property, provided tharBorrowecshai}, prior io acceteration under-paragraph--t8 - <br />- hereof or abandonment of the Propertyt have the right to collect"and-retain such-rents as they become due and-payable. - <br />-- ITpon-arm}eratinn uuder~paragrapb 18 hereof or abandonmennof the Property'. Lender, in person. by agent or by - " <br />- jtitlieially appaimed receiver,-snail he. emitted to enier:upon. take possession -of and-manage the Property and to collect the - <br />rents of the-Property;.including-chase-past due. AI[ rents collected by }-ender or the receivershalf.tx appticd first to payment - - <br />ofihecostsofinanagemem of the Property andcaliecrian nfsenrs. including. but not limited in, receiver?s fees premiums on" <br />receiver's bondsandreasonable attorney's fees, and-then to the sums secured by this Mortgage. Lender and the receiver <br />shat} bei~abte to-aaouncon}y for those-rents actually received- <br />. - iI: Fnttrte Advances. Upon request of Borrower, Lender, at Lender's option prior to release of ibis Mortgage, may <br />make Future Advances m Borrower. Such Future Advances, wi[h interest thereon, shat} be secured by ibis Mortgage when <br />_ evidenced-~by pmmi~ory notes. stating that said Hates are secured hereby. At no time shalt-the principal ainaunt of the - - <br />indebtedness secured by [his "Mortgage, oat including sums advanced in accordance herewith to protect the security of ibis <br />Mortgage; exceed the atigrnal amount of the Note plusUSS.... p¢Re .......... <br />22. Release. Upon payment of all sums secured by this Mortgage, Lender shall discharge this Mortgage-without - <br />" charge-to Borrower. Borrower shalt pay all costs of recordation, if any. - <br />Ix WtrxBSS Witsasog, Borrower has executed this Mortgage. <br />y~ 1 ` <br />Donald L. Madison -aerra,.,er <br />Mat•ie D. Madison -snrr~,a <br />STATE aF NeatusxA . ............. Nt71.i..... _ .................. County ss: <br />On this, .....Z$tb.......day nf... , ..~id¢UdFy...., 19.89., before me, the undersigned,a Notary Public <br />' duly commissloaed and _ county, personalty came.. Don31.d .L.. MadiS¢n .anti. Marie. D..... . <br />.~adiS.af}, . HUSJ $~}W~fEs;,. .......................................... to me known to be the <br />identical- person(s) .~~}'•.aFg•, bscribed to the foregoing instrument and acknowledged the execution <br />. a <br />thtreof to he._. _ .. #r:.... , voltwt~j~jr and deed. <br />- Witness mY rlit aliaAF ........6rand.Is]and ... ................in said roomy, the <br />date aforesaid. ~~ . <br />Ex'Tt~2~5 <br />y ~` ~^3';'~Q. t <br />............. <br />- i Motary PuDttc <br />j <br />t5parne BNw TM3 Line aerervw Fm Lenesr arM neWntarl <br />
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