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pril~ Gin emry (rf; ~~ ja~mit eafcncit~ this !Mt¢ettgja i@': tat' }iarro~er pa~ya l.tader uufa wrens ^rr~6k.~a vncuiEd due ua:der
<br />Ihila i~4a~rigtt,~, the N earl rstrtet a~uataa~g Futrr~it Advaases,, if aav, 'itad rm arxeieratirxB raccurred; db) Borra+rer cures ail
<br />brtacitpr of airy'. ~at,bzr covenanss yr agrrxrmertLa ed iBorxtrvx~r contained isr this iMorCgagz: (,c) Borrovrzr pays all reasvnat~e
<br />exl~ ineurrtd', ~' Lzrsdisr ity enforcing ttte cc~x:narNS rind a€reemtnLs of Harrower contaired in t'bia Aifvrtgagz aed in
<br />+arifarci'rsg Lescdtt"e< rerrsrdirs ~s provided irr patagraiph i.8 hicrzof. including; but not Qimiud tv. resa,ortalalz attorney's ffiees: caul
<br />{d? iorrower takes such action as Leraler tnav reasonably [squire to asatrre that the lirn of this Mortgage, Lerxhx'a interest
<br />in the Property atxt l~ta+trwer's obiigatian to pay tine soma secured by this Msxigage shah ccuctinue unimpaires3 Upon wch
<br />paytttent and cure by $orrosver, this Mortgage and the obligations secured herel.; shah remain in full force and effect as if
<br />no acceleration had ac:.rrtzed.
<br />28. As~esrt of iRitafx APpe~tmest of Reedver, Lender is Poion. As additianzl security hereunder, Borrower
<br />hereby assigns to Leader the rears of the Property. provided that Borrower obeli, prior to accelerativts under paragraph 18
<br />hereof or abandvrtment of the Property, have the right to collect and retain such rents as they became dot and payable.
<br />Upon t:cceletation uraler paragraph F8 hereof or abandonment of the Property, Lender, in person, by agem or by
<br />judicizFly appoimzd reeeiv~, shah be emitted to enter upon, take passessivn of a~ manage the Property and to coikct the
<br />rents of the Property. including those past due. All rents collected by Lender or the receiver shall be applied first to payment
<br />of the costs of mana¢eneent of the Property and collection of rents, including, trot not limited to, receiver's fees, premiums on
<br />receiver's bonds and rtasottable attorney's fees, and then to the sums secured try this Mortgage. Lender and the receiver
<br />shall be Habit to account only for those rents actually received.
<br />M. it+attre Advataea. Upon request of Borrower, Lender, at Lender's option prier to release of this Mortgage, may
<br />make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this 2."lortgage when
<br />evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the
<br />indebtedness inured by this Mortgage, not including sums advanced in accordance herewith to protect ehe security of this
<br />Mortgage, exceed the original amount o[ the Note plus USS...b,754..00.......
<br />22. lReleaae. Upon payment of all sums secured by this Mortgage, Lender shall discharge this Mortgage without
<br />charge to Borrower. Borrower shah pay ail costs of recordation, if any.
<br />Ix Wtl'NESS WttEteioF, Borrower has executed this Mortgage. y
<br />James W. Smith -eonO1Mef
<br />j~ ~ ~~
<br />Li lab iL. Smith -eorawer
<br />S~re'rt=.o>±NastustLn>...........HALL,,,,,,,,,,,,,,,,,,,,,,,,,,,Couatyss:
<br />~ ~..... _ ..I 6th .....day of.... AP.~i. t..... , .., 19.79., before me, the undersigned, a Notary Pablic
<br />duty cotmttissintred and qualified for said county, personally came:dA~$. ter. sJyt.TFi. AND. LI.LAH.1.. SMt.TH, . .
<br />husband, and ,v~ i fey . . ............. : ....................., to me known to tx the
<br />tlexttisat person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />tltereuf to be.....~ef ~ ......voluntary act attd deed.
<br />a , - t r_r•~~.+ ; s to?~.. Pk ...............in said county, the
<br />Wi*n~ my han,...ad notana. seal at..........Y: r: ~... .
<br />date aforesaid.
<br />Ivly Gommissiatt expires: ~ 3 ~ -(~~ ~ ... .... .
<br />fiNOtARWaru rte wrorrwr
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<br />(SWce fletew 7~ie Line Recervad For Lender and Recorder)
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