|
,~ ~. __
<br />prior to enhy 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 Furitre Advances, if any, had no acceleration occurred; (b) Borrower cures ail
<br />breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
<br />expense`s incurred by Lender in enforcing itte covenants and agreements of Borrower contained in this Mortgage and in
<br />enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not timited to, reasonable attorney's fees; and
<br />(d} Harrower 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 obligation to pay the sums severed by this Mortgage shall continue unimpaired. Upon such-
<br />payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in fult force and effect as if
<br />no acceleration had occurred.
<br />20. Aasf~mevt of Rents; Appointment of Receiver; fender in Passesstoa. As additional security hereunder, Borrower
<br />hereby assigns to Lender the rents of the Property, provided that Borrower shalt. 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 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. RII 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 on
<br />receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. Lender and the receiver
<br />shad be liable to account only for thane rents ac[ually received.
<br />21. Fatare Advances. Upon Bequest of Borrower. Lender, at Lenders option prior to release of this Mortgage, may
<br />' make Future Advances to Horcower. Such Future Advances. with interest thermn, shall be secured by this Mortgage when
<br />evidenced 6y promissory notes stating that said notes are secured hereby. At na time shall the principal amount of the
<br />indebtedness secured by this Mortgage, not including sums adv~ncOeO~n acmrdancc herewith to protect the security of this
<br />Mortgage, exceed the anginal amount of the Nate plus USS... , .... ~ QQ_ ......
<br />22. Release. Upon paymem of all sums secured h}' this Mortgage, Lender shall discharge this Mortgage without
<br />chars. to wrro~r. °~ awes shall pav all cents of recardanrn, if ary. -
<br />IN WITNESS WHEREOF, HatTawt:r has CxCCniCd this MOrtgagC.
<br />................................ . ........... ~i>~:,
<br />Ronald R. Hastings
<br />ll~
<br />Nanci C. Hastings -eonB1"Q'
<br />SrerE of NEatc,+srn ...................... yALL ................Count` ss:
<br />On this.......~rd.......day af.... J.u Iy........, t9t3~... }tefore me. the undersigned, a Notary Public
<br />~Jul~ cammissi~net~ ~nd qualified for said county. personally carne .i:O~JALD, R.., .BAST I ~,5, APR. NANGi..C..HAS71 NGS
<br />u_bana an w w _ € , to ma kttown to Ix the
<br />tdeutie`ni ,r~t~ari ~`hc~s natr~tsy rt<u$~-r-i4x=d c cnc i..r~-~_,nt :.-~irvru~rt ;,r.-u aEa,~riw.tzigcd f° :.x~vtian
<br />ihereaf to a~...~'e i r .......va3untan act and deed.
<br />Wim.•:a my hand attd natarial seas at.......~`iCc~Ctd..f ~Ldnd,. ids ~~!<W............in said county, the
<br />tiatr alarrsaid, -
<br />kt\ t~ammisYtna CYai[Gl' ff ~ ~~ c ~f 1'C II ~ 4
<br />°--------_-- ~---- - 1 ~,% rte- --i~,r~~~ ......... .
<br />~~,=,._.
<br />!votary Put•':
<br />ftt•irriiM#m't,6r
<br />9JtMlY SAMDOTRQM
<br />Hlr . IxS brw ,ia. 3?YI
<br />
<br />-~+- - - tSWF! satin rn}y ~.,r,a tti{ahalt r01 t.dYidar arytl aaGWdaf)
<br />["s rt9 r*--~
<br />~ ..--,
<br />
<br /> .
<br />k~ `" r CL.
<br />~ r
<br />~ ^
<br />
<br />r
<br />'
<br />'
<br /> f ~ ~ ~
<br />~ ~ ~ ~ t
<br />
<br />au ~:~ ~ i
<br />x=a tai p
<br />
<br />Q'
<br />F-
<br />'Q
<br />
<br />
|