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79001735
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79001735
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Last modified
1/12/2010 8:59:18 PM
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1/12/2010 8:58:29 PM
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DEEDS
Inst Number
79001735
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prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be tnen due under <br />this i4fortgage, the Note and notes securing Future Advances, if any, had na acceleration occurted; (b) Borrower cures all <br />breaches of any other covenants or agreements of Borrower c~ntainedrn this Mortgage; {c) Bortawer pays all reasonable <br />expenses incurred by I,etrcler in enforcing the covenants and agreements of Borrower contained ir. this Mortgage and in <br />enforcing Leader's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and <br />{d) Borrower takes sash action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest <br />in the property and Borrower's obligation to pay the sums secured 6y this Mortgage shall continue unimpaired.. Vpon such <br />payment and cute by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if <br />ao acce}eration had occurred. <br />2Q. Asia®eaf of Reams; pppointaneot of Receiver, Lender is Paton. As additional security hereunder, Borrower <br />hereby assigns to Lender the rents of the Property, 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 />1Jpon accelenttioa wader paragraph T8 hereof or abandonment of the Property, Lender,sn person, by agent or by <br />jud~ially appointed receiver, shalt 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 the receiver shall 6e applied first to payment <br />of ttsE costs of tnanagcmtnt of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on <br />receiver's botxis and reasonable attorney's fees. and then to the sums secured by this Mortgage. Lender and the receiver <br />shaft be Iisble to aoxttat only fns those rents actually received. <br />21. IF1sNtee Atfvaeces. Upon regtrat of Borrower, Lender, at Lender's option prior to release of this Mortgage, may <br />matte t?ti<ttte Advances to Borrower. Such Furure Advances, with interest thereon, shall be secured by this Mortgage when <br />evidenotd by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the <br />indeb~daas sect:red by this Mortgage. not including sums advanced in accordance herewith to groiect the security of this <br />M~age, exceai the origiaai amount of the Note plus t7SS...17,5Af1.0II ..... <br />22, lie. Upon payment of sit sums secured by this Mortgage, Lender sha}I discharge this Mortgage without <br />cSargt to Bort^osver. Borrower shall pay alt costs of recordation, if any. <br />fN Wn3tsss Wt;F,a7?os, Harrower has eaecueed this Mortgage. <br />f~ t 1~/11~1t/' __ ~ <br />.~--dv~~ .................... <br />(~1!II.SY ITH pTI,St31J513N s ~ -sereoww <br />St,-rE +~ N;rsar~e............ ~ .......................... Coanty ss: <br />On this........ ~~ .....day of..:I3arch.... - ...., 19. 79„ before ate. the undersigned, a Notary Public <br />~y Monad and tittalifKd for said tnunty, petsoaatly came.... f~3.SY. ltp7~ .IiIIL.4 .. - - - - .... . <br />........................................ta me known to be the <br />............................. <br />itli~l petxon(sj whose name{s) ate sutuc_Tibed to rho foregoing instrument and ackaowiedged the execution <br />theasoE m be... his .........veiuntary act ana t~sd. <br />Wi~eas lay haml std rrotatiat seal st.....Grsud .ial~ad ...................... . .in said county. the <br />tfr~ atorxadd.. <br />~, = egrii 5, 19813 ~. ~ CC,1 <br />. . . ......... ........................... <br />~s rasa <br />:EStt+ut ~~t ~ <br />_ tr. t~::;t~~... <br />3as.. fra.M+s. • sue= 1 <br />~~s <br />~~ <br />tspaO aw. t'tis t;n. rl.aerra Fe. t.~+ae ana nwna.n <br />
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