$4 -~'~CiO50$
<br />- prior to enttyof 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 Frtvre Advances, if-any, -had no acceleration occurred: {b} Borroweccures ail--.' -
<br />_ breaches of airy other tovgnants.or agreements of-Borrower contained in this Mortgage; fct Borrower pays at} reasonable
<br />_ expenses inenrted by Lender in enforcing the covenants and-agreements of Borrower contained -in this`lYfartgage and in -
<br />_ enforcing Lender's remetties-as provided_in iiatagraph ER hereof, mcltiding; but not.limited to,-zeasoirabic atforney';s Secs; and '
<br />{d) HEirrowea takes avch.acrion as I~niiar may'reasonably reejmre to assure that the-lien of this Mortgage, Lender's interest
<br />- in thePtoperty-and Borrowgr's ob6gaiiati to pay the sums secured. by this Mortgage shall continue unimpaired. Upon such -
<br />- payment and cure by Borrower, thes°IDtortgage andthz otitigations secured heretig'shalt remain-in full force and effect as if
<br />no acceleration had occurred:
<br />- ?D. Assignment of Rents; Appoinfinent ofReceiver-fender in possession. As.additional security hereunder, Borrower _
<br />- - hereby assigns to-Lender trig-rents~of the Property;-provided that Borrower shall, prier to acceleration under paragraph 1Fi -
<br />tiertiof or abandonrnem' of the: property, have the right to coltect and retain vrch [tints as-.they txcome clue and payable.
<br />Vpon accelaratro;r'under paragraph i3' hereof or abandonment-of the Fropeity, Lendei,in person by agent or by -
<br />jiidicialiy appprited receiver;~shail be~enti.tled-.to tinier upon, take possession of-and manage the propcny and [o collect the -
<br />- _ rents-df the.Fiiapctfy,-incftidipg thase.pastdtie. -Alf rents colieeted-laylsnderiarYhe-receiver shat) be applied first to payment
<br />- - - .of-the costs.of managEirtento# the;Froperty and collecrian-of rents, including, bvc not-limned--to; receiver's fees, premiums on
<br />- receiver's, bonds and reasonable anorney's fees, and then- to the sums -secured by this Mortgage. Lender 'and the receiver
<br />shall be liable to aecaimt 6nly for chose: rents actually rzceived.
<br />- 2L - k6ture Advances: Upon request of Borrower, Lender, at Lender's option prior to release of this Mortgage, may
<br />make Fviure Advances to Borrower. Such Future Advances, wuh interest thereon, shah be secured by this-Mortgage when
<br />evidenced by promissory notes stating that said antes are-scarred hereby: At no time shall theprincipal--aiitounr of the
<br />~aclebtedness secured by this _Mortgage. not including sums advanced in aceordanre.herewiih to prated thcsectirity of this
<br />Mortgage, axcezd the original amount of the Note plus.t3S5.. _2D,15D,pII : , ... - - - -
<br />22; Release. Ltpcm payment of all sums secured by this. Mortgage; Linder-shall discharge. this Mortgage without
<br />charge io Borrowec. Borrower shalt pay nit costs vi recordation,. if env. - -
<br />Ix Wtzxsss WfiEREOF, Borrower has executed this Mortgage.
<br />-: Wade - Zersey~~1~ ~-~ --aorrawer
<br />) 1
<br /><_
<br />__-_ ; ~
<br />.. .....~y ...,'.~~j ...,. ........
<br />STnrtx OF Nlsaastct .. ........ . . ..... . ........ . HRt,t ...........County ss: '
<br />Qn tttis.....~Dth........day of. , . ~+.~nttery......, 19..84, before°mp, the uhdersigited, a Notary Public
<br />duly commissioned and qualified far said county, personally came....WADE, ,r{..ZERSEN: AND.NOL>,Y. L~.ZEftSEN,
<br />husband .nod: wife ...................... . ............... . ................. to the known to be the
<br />identical person(s) whose- tame{s) are subscritxd to the foregoing instrument and acknpwledged the: execuiioii
<br />thereof to be _ .. , tttr~1>; ...... voluntary act and deed.
<br />Wimess mY fiend and notarial seal at......... , ;land .island.,. ~^detsrasifa...... , . ,in said eotinty the.
<br />date a€oresaid.
<br />` ~~_ ~~ i~
<br />My Commission ax irss: ~ " -'
<br />- Na PUDnC - -
<br />~a ssJJ
<br />t5paae eeroty rh:s Ltna Reserved For Lenoer and Rewrder)
<br />
|