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prior to entry of a judgment enforcing this Mortgage if: (z) Borrower pays Lender all sums which would be then due under
<br />this Mortgage, the Rote and rrotes securing Future Advances, if any, had no acceleration occurred; fbi Borrower cura alt
<br />breachev of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays ail reasonable
<br />expenses incutred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
<br />enforcing Lenders remedies as provided in paragraph l8 hereof, including, but not limited to, reasonable attorney's fees; and
<br />(d) Borrower-takes such action ss Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest
<br />is the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
<br />payment artcl cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
<br />no acceleration had occurred.
<br />2g. Ameet ~ Re»ts; Appointment of Receiver, Lender In Pa~ession. As additional security hereunder, Borrower
<br />hereby assigns to Lender the rents of the Property, provided that Borrower shall. prior to acceleration under paragraph ]8
<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 aaragraph 18 hereof or abandonment of the Property, Lender, in person, by agent or try
<br />judicially appointed receiver, shall be entitled to erifer upon, take possession of and manage the Property and to collect the
<br />reins of the Property, includiug those past due. All rents collected by Lender or the receiver shall be applied first to payment
<br />of the costs of maaagement of the Prroperty 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 />shalt be liable io account only for those rents actually received.
<br />21, Fafsre Ad~asees. Upon request of Borrower. Lender, at Lender's option prior to release of this Mortgage, may
<br />make Future Advatrces to Borrower. Such Future Advancers, with interest thereon, shall be secured by this Mortgage when
<br />evideacod by prarrissory 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 advanced in accordance herewith to protect Lhe security of this
<br />Mortgage, ezoeed the original amount of the Nate plus USS. 5, $OO.,Q¢, . , _ _ , „
<br />E2. Release. Upon gaysneirt of all sums secured by this Mortgage, Lender shall discharge this Mortgage without
<br />charge W Borrower. Borrowtr shall pay alt rnsts of recordation, if any.
<br />Ix WrrxPa's Witexso;Q, Borrower has executed this Mortgage.
<br />e -~ r~ ~ 2
<br />Gary L./Fredrick, unmarried -~^"'"~~
<br />S;'t'A't'$ oF' l1lFR~ acct ............. {'{}t~L .......... _ ............. County SS:
<br />On tbis.....lb#h........dap of...v ..May........, 1379.., before tae, the undersigned, a 23otary Public
<br />duty ot~iioned and gt:sltfred for said manly, personalty came.GARY. l..EREOFJGK .unmarr.ied ..........
<br />..........................................................................to ate knawrito bethe
<br />idga+sra3 poison(s) whose name(s) ate subscribed to the foregoing instrument arrd acknowledged the eaecution
<br />to be... ILiS .........voluntary act and deed.
<br />Witna:s my baud and notarial seal at........ Grand . l s 1 and,. N2b c'aslca .......... in said manly, the
<br />date aEtuesaiid.
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