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80004248
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Last modified
1/13/2010 8:58:18 PM
Creation date
1/13/2010 8:57:52 PM
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DEEDS
Inst Number
80004248
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.~ oa~2~~ <br />prier to eatn~ of a judgroent'aforciag rots Mortgage if- tai Barrovxr pays Lender ail „ims ++~nich would be rhea Sue utsder <br />this Marx¢ages the ?iMe and Hates securing Future Advances. if arc, had no acceleration ocerared: (bj Barro+rer crttes all <br />breachc ct anv other covenanu or agreements of Borrower contained in then Martgagr, tcl Borrower pays aA reasonable <br />expenses incurred by Lender in enforcing the covenanu and agreements of Borrnwtr tomaincd in [his Mozgage and fn <br />enforcing Lenders remedies as provided ir. paragraph t8 hereof, erreiuding, bnt not limited to. reazorrabte anorney's fern; aced <br />(dl Sottawcr takes such actims as Z,erder may reasonahW require to assure that the lien of this Mortgage. Lender's inmost <br />in the Property and Borrower's obligation to pay the sums axured bg this Mortgage shall contiatu tutimpaired. Upon rode <br />payment and cure by Borrower. this Mortgage and the obligations secured hereby shall retrain in fu8 farce and elect as if <br />rto accei~ationhad occurred- <br />20. Aoifinment of Rents: Apprziutmert of Reer9lver, I.eadcr en Po~on. As additional serenity hetttmda, Harrower <br />herz'oy assns xa leader the rents of the Prooetty, provided that Borrower shall, prior to acceerateon under. P~lSaPh 28 <br />hereof or abandortinent of the Pzoperry. have the tight to collect and retain such renu as they become due-aced- pzryabk-- <br />Upon acceleration-under paragraph 18 hereof or abandonment of the Property, Lertder, in person, by agent or bp: <br />judicially appoimed receiver, shall be entity is enter upon. take possession of and manage the Property and to-eoBtxt the <br />renu of the Propem~. incuding those past due. All rents coileaed by Lender or the receiver shall besappiied first-to_paytrtesr <br />of the costs of management of the Property and colleuian of rots. enefuding, but not limited to, receiver's fees. premiums on. <br />Tteeiver's bands and reasonable auorney's fees. aced then to the sums secured by this Mortgage. Lender and the receiver <br />shall be liable to account only for those renu ac[ually received. - <br />22. Ftmsre Advances Upaa request of Borrower, Lender. at Lender's option prior to release of. this Mortgage, treat' <br />mPice Future Advarecez to Borrower. Such Furore Advances, wish interest thereon. shall be secured by this Mortgages what. <br />evidenced by promissory notes stating that said Hates are secured Mreby. At no time shall the principal amount-.of-the <br />indebtedness sectored by this Mortgage. not including sums advanced in accordance herewi[6 to protect the seturity of this <br />~ tr;n-~e <br />Mortgage, exceed the original amormt-of the dote plus L'$s:..-,-r.-.-,-....... - - - - - <br />ZZ. RHesae. Upon payment of all sums secured by this Mortgage. Lender shall discharge this Mortgage without <br />charge to Bortvwer. Borrower shall pay all cosu of recordation. i£ any. <br />Ix WITNESS WttFxEOF, $atrowe[ has executed this Mortgage. <br />. ~ ..max . ~ c..n/G. 1~.".`t~ ...................... . <br />-diorrv.a. <br />Scott C, Lane <br />-eonoer <br />.. i.rdro. K. mare <br />STATE OF NESaASxA, ... , i~.ALi .................................. CAIInty Ss: <br />On this.......:....day of....ALZE?~t......., 19.x?., before me, the undersigned; a Notary Pnblic <br />duly coaemissioned and gzzalifit~ for said county. personalty came...'~:o'. *.. 'Y....;ne .-'t:d. G`ndz:a .'.. i~ne.. . <br />,n~sliana arc ;aiie. ....... .......................Y..,io me}~ownto be the <br />identical person{s) whose name(s) are subscribed to the foregoing instttrment and a:.:-aowledged the execetion <br />thei^ • .volztn <br />themof fo be .............. tart' act and deal. <br />Witttess say hand and notarial seal at....`_rarc. `_sl_~r, { . . . . . . . . . . . ...............in said county, the <br />date aforesaid. <br />~~ -d ; rrc - ~ } <br />( i <br />My r'mnmission expires: ~ 4~ ~1 ~1 r "~ - ~4 i'. f ~' ~~ ~ ~~_~ ........ . <br />a '~N'r.ti r --.~'f---.+ . ~f <br />. Notary fWblit <br />a <br />~' <br />(atNte BNan 7MS lint RaserrW For LanWr ono RteolWr) <br />
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