~o~ao4s47
<br />prior to entry of a judgment enforcing this Mortgage if: (ai Borrower pays Lender aii sums which would be thrn due untie:
<br />this Mortgage, the Note and notes securing Future Advances. if env, had rte aculeration occurred: (bl Borrower cures ai}
<br />breaches of any other eovenanu or agreements of Borrower contained in this Mortgage; (c) Borrower pays all-reasonable
<br />pxpersses incurred by Lender in enforcing the carenants and agreemems of Borrower contained in this Mortgage and in
<br />enforcing Lender's remedies as provided in paragraph 18 hereof. including. but not limited to, reasonable attorney'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 Bormwei s obligation to pay the sums secured by this Mortgage shall continue unimpaired Upon such
<br />pavmentand cure by Borrower, this Mortgage and the obiigations secured hereby shall remain in fuB force and effect as if
<br />no acceleration had occurred.
<br />Z0. Assiyumeo2 of Rents; Appoiutmeat of Recetver, Lender in Possruion. As additional security hereunder. Borrower
<br />hereby assigns to Lender the rents of the Propem„ provided that Borrower shall, prior to acceleration under paragraph ]8 _
<br />hereof or abandonment of the Property, have the right to co11eM and retain sack rents as they become titre and payable.
<br />Upon acceteration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agenx or by
<br />judirial}y appointed receiver, shall be en[ided [o enter upon. [eke possession of and manage the Property anti to collect t}re -
<br />rents of tht Propeny. including those past due. All rents collected by Lender or the receiver shall be appiied first to payeteat
<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 />shall be liable to acrnunt only for those rents actually received.
<br />21. Future Advances Upon request of Borrower, Lender, at Lender's option prior to release of this Mortgage, may -
<br />makc Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage-when
<br />ebidenced -by promissory pores stating that said notes are secured hereby. At no time shall the principal amount of the
<br />indebtedcess 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 U55...429,0,Q0. , .. , . _.
<br />22; Rele~e. Upon payment of alt sums secured by this Mortgage, Lender shall discHarge this Mortgage without
<br />charge ro Borrower. Borrower shall pay all costs of recordation, if nay.
<br />Ix Wtrlvass WHEREOF, Boaower has exewted this Mort
<br />.x.,.: ~...:........
<br />RusselhFA~Btarton {//~~ ~ ~~7~~y~ 0101°4'
<br />^\...« ~r~ 1. K-rt~sQ . ~ .. /C,~ .~c.^! :.'.~! :.'.... -Borrower
<br />Janette L, Burton
<br />STATE OF NEERASCA, .... ~11 ........................... . ...... f:Olmty SS:
<br />On this..... r~"'J.[ ...rfay of...~~ust........, 19.80., before me, the undersigned, a Notary Public
<br />duI commissian~ and qualifial for said county, personally came..Rgtssell F, Burtag, and.. Jar}g>:xg, L., ,>iµrton
<br />_..usband.and wife. ,,,,,,,,,,,,,,,,,,,,,,,,to me knownto bethe
<br />.....................................
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />:hereof'to be _ ..their, , , , , . , .voluntary ac[ and deed.
<br />Wimt~s my hand and notarial seal at....Grpgd„~slar?~ ....................... in said county, the
<br />date aforesaid.
<br />MyEommtssr°°eagtres' ~l~G, .25/~~
<br />~eataware-wr.wa+rar
<br />7f10M11f M.l6NWI8
<br />wa..aww.awe
<br />. ~ .
<br />noun K
<br />lapw a.raw rah LfrN aawrwa for 4~.r nW aacoreerl
<br />
|