prior to entn• of a lodgment enforcing this Mortgage if; t21 Borrower pars Lender 21i sums which would be then due under
<br />this bfortgage. the Note and notes securine Future Advances. if any. had no acceleration occurred; (bi Borrower cures all
<br />breaches of an}' other covenants or agreements of Ber-,ower wnta:ned in this Mortgage: (c1 Borrower pays all reasonable
<br />expenses incurred by Lender in enfarcing the cavcnanu and agreements of Borrower contained in this :dottgage and in
<br />enforcing Lender's remedies as provided in paragraph 18 hereof. indading. but not limited to, reasonable attorne}~ s fees; and
<br />(d} Borrower takes such action as Lender mac reasonably require to assure chat the ;ion of this Mortgage, Lender's interest
<br />in the Proprm• 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 hereb}' shah remain in full force and effect as if
<br />no acceleration-had accurred.
<br />2Q. Assignment of Rents; Appointment of Receiver. Lender in Possession. As additional security her_under, Borrower
<br />hereby assiens to Lender zhe rents of the Property, provided that Borrower shall. prior to acceleration under paragraph 78
<br />hereof or abandonment of the Property, have [he right to collect and retain such rents as they become due and pa}•able.
<br />Upon acceleration under paragraph 18 hereof or abandonment of the Ptoperzy, Lender, ir. person, by agent or by
<br />judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the Propert}' and fo colket ttw
<br />rents of the Property. including those past due. All rents co0ected by Lender or the receiver shall be applied first to payment
<br />of the costs of management of the Proper}• and collection of rents. including. but not limited to. receiver's fees, premiums on
<br />receiver's bonds and reasonable attornec s fees. and then to the sums secured by -this Aortgage. Lender and the receiver
<br />shall be liable to account onl}' for those rents actually received.
<br />• Zl. Future Advances. Uoon 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 Mettgage 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 Mortgaee, not including sums advanced in accordance herewith to protect the security of this
<br />Mortgage, exceed the original amount of the Note plus USS ................... .
<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 ail costs of recordation, if any. ~ - - - -
<br />Ix Wrrxass Wt7gnsoF, Borrower has executed this Mortgage.
<br />~j
<br />Attest: %~ /'. ... . ~+=::.>;.. ;°,~~...
<br />Greta ... ~'Norrowar
<br />"„•„~ ,
<br />Srnr>: of Ni;axAStcn~,./.HLa/ll ....................................County ss:
<br />On this..... `7. J.!~......day of.'..-..August, , ...., 19.$4.. before me, the undetsiened, a Notary.Public
<br />duly commissioned and qualified for said county, personally came .dotty. W. Martin, .President, .and..... .
<br />1}radley. C. •$allinger,,, Secretary. of Bilt-~i te. construction,. Inc.... , ., to me known to be the
<br />identical person(s) whose name(s) are subscribed to the fore me;, Sttvment and ,ackno led ed the a ecutipn,
<br />as su 6t is
<br />thereof to be.....Fkt~~F......voluntary act and deed. said ~r o~ra ors ana the yowlun~ary ac~ ana aced gf
<br />p tiion,oy them in their o.iicial capacity
<br />W'iniess my hand and notarial seat at .G{~?u. T~ZaAd :............................in said county. the done and
<br />date aforesaid. ~ executed.
<br />r~
<br />MvCommissionexpires: ~• ~'-'~,-- ~'~~~~/'' f j'l ~,.
<br />- ~ffiC o ~ r v~ij /7'.)1..:~:~r-~.llc2';~'.:'r.:..~~~~~f t :' ............. .
<br />Notary Public
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<br />(Spice Below Tbis Line Raservetl For Lentlar antl Racottlet)
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