|
prior to entry of a judgmrne enforcing this Mortgage if: {a) Borrower pays Lender all sums whicfi would be then due under
<br />this Mortgage, the Noie and notes securing Future Advances, if any, had no acceleration aecurred: (b} Borrower cures all
<br />breaches of any other wvenants or agreements of Borrower contained in this Mortgage; (y Borrower pays all reasonable
<br />expenses incurred by Lender in enforeiog the covenants and agreements of Borrower contained in this Mortgage and in
<br />enforcing Lender's remedies as provided in paragraph t8 hereof, including, but not limited to, reasonable attorney's fees; and
<br />{d) Borrower takes such action as Lender may reasonably- sgauire to assure rhat the lien of this M_ort_gage, t Qndai s interest
<br />in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
<br />payment and cure by Borrower, this Mortgage-and the obligations secured hereby shall remain in full force and eFect as if
<br />no acceleration had occurred.
<br />3U. A>adgnment of Reefs; Appolatment of Receiver Lender In Poffieasion. As additional security hereunder, Borrower
<br />hereby assigns to Lender the rents of the Property, provided thai Borrower shall, prior to acceleration under paragraph 1$
<br />hereof or slrandanmerit of the Property, have the right to collect and reeain such rents as they become due and payable.
<br />Upon acceleration under pazagraph 18 hereof or abandonment of the Property, Lender, in person, by agent or by
<br />judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the Pmperty and to collect the
<br />rents of this Property. including those past due. Al! rents collected by Lender or the receiver shall be applied first to paymeoi
<br />of the costs of management of the Property and coitection of rents, including, but not limited to, receiver's fees, premiums an
<br />rxeiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. Lender and the receiver
<br />shall be liahle to account only for those rents actually received.
<br />21. Fatare Advaaa~. Upon request of Bottower. Lender, at Lender's option prior to release of this Mortgage, may
<br />make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when
<br />evinced by promissory notes stating that said notes are secured hereby. At no Fime shall the principal amount of the
<br />ittslebt~ness secured by this Mortgage, not including sums advanced ~„ a:cordance herewith to protect tbe security of this
<br />Montgage, exceed the original ataount of the Note plus USS..5.~`.QO. QQ .......
<br />22. Release, Upoa payment of aQ sums secured by this Mortgage, Lender shall discharge this Mortgage without
<br />chazge Yo Borrower_ Borrower shall pay all costs of recordation, if any.
<br />IN WtrtsESS WaexeoF, Borrower has executed this Mor/tgage.
<br />- - 1 ~ IImo?{ /('"~Xi/J~ ~ ~ ~'~ ,{ -
<br />I~ev i n lew i s m ~~~///
<br />' -Barons
<br />`h_j'• CaVonne H. Lewis ~ 1
<br />Srw'ra tx+Nssawsxw, ...... , , ...HALL .... , .....County ss:
<br />................
<br />~ thffi:....18th..... , ..day of :.. MaY........., 19.74., before me, the undersigned, a Notary Public
<br />husti3n an ai gaud qualified for said county, personally came.KEYJN. fi...I.E~lS. R~lt3 ~I.RYOWtdF• fl: -iEWtS;
<br />.............. ............:.................:..................,to me known to be the
<br />idtmtical persoo(s)t~se name(s) are subscribed to the foregoing instrument and acknowledged tbe execution
<br />thereof to be .............. . .voluntary act and deed.
<br />Witness mq hand and notarial seal at... , ~~~+?~..'•~1,dRd, .Nel~taska..............in said county, the
<br />date aforesaid.
<br />My Commiesion ewes: 3 .t,~ ~ 3 0 l t 9 ~ ~ ~.
<br />....... . ..... ................
<br />'~1 Stll!'ftalE~ - 7 Pu~lie
<br />~~
<br />~+1
<br />~ _
<br />C`tt - - t2ipaee 9abw This Lane Reservatl far Leritler uw itxcraar)
<br />
<br />~ ~ ~
<br />~
<br />- N T
<br />C ~ ~
<br />~ .
<br />~ .r v
<br />C~ 'n
<br />~.i ..a-
<br />iG
<br />a- ~
<br />
<br />i3- w
<br />'t ~-
<br />- -
<br />~ ~y v
<br />..
<br />e~ c,..
<br />
<br /> #'' ~ N ''
<br />i ~, ~
<br />
<br />
<br />~ r. c
<br />.. m
<br />e, J
<br />- - - -
<br />,-~e ~~~dsrel
<br />_ . -. 3uDS
<br />
|