80- ~ ~c_ v
<br />prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender ail 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; (cl Borrower pays all reasonable
<br />expenses incurred by Lender in enforcing the covenants and agreemems of Borrower comained in this Mortgage and in
<br />enforcing Lender's remedies as provided in paragraph 18 hereof. ;nduding, but not limited to, reasonable attor[tev's fees: and
<br />(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest
<br />in the Property and Borrower's obiigarion to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
<br />payment and cure by Borrower, this Morgage and the obligations secured hereby shall remain in full force and effect as if
<br />no acceleration had occurred.
<br />20. Assignment of Rents; Appointment of Receiver, Lender in Possession As addi[ional security heretmder, Borrower
<br />hereby assigns to Lender the rents of the Property, provided that Borrower shall. 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 />Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agem 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 Properly, including those past due. Ail rents 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, premiums ort
<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 />ZI. Future Advances. Upon request of Borrower. 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 />evidenced by promissory 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 the security of this
<br />Mortgage, exceed the original amount of the Note plus USS. 9,750...00........
<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 />" DYNASTY ELATE. RIS~S, a co- a n hip
<br />~~fN Wtrtiesa Wac~teoF, Borrower has ex ute this Mo ge. _ /)
<br />..~ ~ ~
<br />son erman, a net G~rdo Bi n2r at al ow„~artne~
<br />n. ~ - ~.. ..~,...
<br />don R. S-I how, partner- art(ara Guilrt `rpa~rtner Rorf`ald A. McGuire-8o(S~1'tner
<br />,, ~. ,.
<br />i~. ~. it ;;3 .~. ............. ......
<br />Patricia ay 6nm inner, par er Sa•. Ungger, partner -BO^O1~r
<br />S't~xt: or+ NBSwiBlu, . .... ... , ....... ~'~~ .......~/.. County ss:
<br />J.
<br />On t~~.,. \....:.......day of .............. _ ., 15. ,before me, the undersigned, a Notaty.Pubiic
<br />duly commissioned and..quali6ed for said county, personally came ... ___~.----1'" ~ ........... .
<br />...................::.............. ....................__:_:.::..........,to me known to be the
<br />identical person{s) whose name(st are- sybscribed to the.loregoing instrument and acknowledged the execution
<br />thereof to be ................voluntary act end-deed.
<br />Witness my hand and notariaFseal at ....... ................ ..................in said county, the
<br />date aforesaid. _
<br />--"-
<br />mmission expires:
<br />.'`-..
<br />.....................
<br />Notary WbNC
<br />(Sp11ca Be1trN TM1is line R~Mrved For lenp~r anG R~cotGel)
<br />
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