Laserfiche WebLink
pr'sor to entry of 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 Future Advances, if any, had no acceleration occurred; (b) Borrower cures all <br />breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays alt reasonable <br />expenses incurnd by Lender in enforcing the covenants and agreements of Borcawer contained in ibis Mortgage and in <br />enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attoeney's fees; and <br />(dl grower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest <br />in the Propariy and Sotrower 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 effect as if <br />na acceleration had occurred. <br />20. A~lgument of Rerts; Appointment of Receiver; Lender in Possession. As additional security hereunder, Burrower <br />hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to Acceleration under paragraph 18 <br />`~ereof pr abandonment of the Property, have the right to celled and retain such -rents as they become due and payable. <br />Upon acceleration under paragraph i8 hereof or abandonment of [he Property, Lender, in person, by agent or by <br />judicially appointed receiver, shall 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 rants collected by Lender or the receiver shall be applied first to payment <br />of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, piemiums on <br />receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. Lender and the receiver <br />shall be liable to account only for those rents actually received. <br />21: Future Advaocea Upon request of Borrower. Lender, at Lender's option prior to release of this Mortgage, may <br />make Future Advances [o Borrower. Such Future Advances: with interest thereon, shall be secured by this Mortgage when <br />evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the <br />indebtedness seeored by this Mortgage, not including sums advanced in accordance herewith to protect the security of this <br />Mortgage, exceed the original amount of the Note plus US$...NONE.......... <br />22. Release. Upon payment of all sums secured by this Mortgage, Lender shall discharge this Mortgage without <br />charge to Borrower. Borrower shall pay all costs of recordation: if any. <br />IN WTTt+ESS WHEREOF, >iorrower haz executed this Mortgage. ~ /~ <br />~~ 7,x:1 <br />ct~.ia;`.!ts!~r"~ ......... <br />O E . !)12AFCE ITT -Borrower <br />ANDRA K. DRAKE ... -BOrrowe. <br />Srn2E oP NESRest~.+, .......... HALb ........................... County ss: <br />On this.......22..... , ..day of _. JTIfIE.........., 19.7:9, before me, the undetsgnou, a Notary Putatie <br />duty commissmned and qualified for said cottnty, personally came.. JAHN..E.. -DRAKE..II.I .AZ3A......... . <br />~.. <br />. ix.Ai1I~BA_ ,$.. ARARE, .... yc, ~ • y :'' ......, to me known to be the <br />.identical person(s) whose Aar,@„fii}~ to the foregoing instrument and acknowledged-the execution <br />dter~f to he... TFIEIR ... r ,~~v ae~and`- ` <br />Witness my hand and seat... .ISLAND, <br />rAPr {! <br />date aforesaid. ~~ c~rw-r,ssto;, _ tri('l <br />S :,.73ES <br />My Commission expires: Gr o ; <br />JQLY 2, 198 '- , r ;,, isa: <br />~r~j` YEN't <br />.DTEBI3ASKA...........in said county, tIu <br />ratan Public <br />~h. <br />~ ~ Maas BNew This Line Reseneed For lender and RatorWrt <br />~. tff <br />4i <br />6 ~ r-. <br />"~ <br />~ ~~ ~ <br />~~ ~ <br />to ~ is. C <br />~ p ~- <br />to t•- c <br />sn u <br />tZ <br />N <br />hJ <br />t^•- <br />0 3 W <br />tti <br />CZ <br />ta. <br />s„ O <br />~.5+ <br />U <br />Q <br />f~ <br /> <br />