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1 ~. <br />.. <br />I <br />€- <br />. <br />,prior to enury off[ a judgment enfarri>"tg this Mortgage if: (a} Bosrower pays Lender all sums which would be thin due under <br />'this Mlortga~, the Note and notes securing Ftiturc Advances, if any, had no acceleration occurred; fb) Borrower cures all <br />brea~es of-any outer covenants or agreements of Borrower contained in this Mortgage: (c) Borrower pays all reas~able <br />expeDSes ineHrred by Lender in errfareing the covenants and agreements of Borrower contained in this Mortgage and in <br />ettfatrtng lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and <br />{d) Btxtower-takes such action as Lender may reasonably require to assort that the Lien of this Mortgage, Lender's interest <br />in the-PtoQerty-and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon ouch <br />paytttent and cuts by Borrower, this Mortgage and the obligations secured hereby shall remain in ful{ force attd effect as if <br />nt+ aoednation had occurred. <br />~: AWesteent of IitetNs; Appoiatntent of ReeePoer, Lender sa Pasaeasfan. As additional security hereunder, Borrower <br />hereby' axtgns to Lender the rettts of the Properly, provided that Borrower shall. prior to acceleration under paragraph I8 <br />Hereof or abandonment of tl.e Property, have [he right to collect and retain such rents as they become due and payabk. <br />Upon acceleration under paragraph 18 hetsof 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 co1kM the <br />rents of the Property, including those past due. All 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 tees, and then to the sums secr~red by this Mortgage. Lender and the receiver <br />shalt be liable to acrnuni only fot those rents actually received. <br />2t. F`ttlnre Advtreces. Upon request of Borrower. Lender, at Lender's option prior to release of this Mortgage, m_, <br />make Future Advances to Aorrower. 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 advanc d ' s dance herewith to protect the security of this <br />Mortgage, exceed the original amount of the Note plus USS.....+t,~~SU.•~ <br />22. Itekaae. Upon payment of all sums secured by this Mortgage, Lender shall discharge this Mortgage without <br />charge to Borrower. Borrower shall pay all casts of recordation, if any. <br />Tx WrrxESS WeExeoF, Borrower has executed this F.tortgage. <br />~~ .~ . <br />.. <br />Richard G. Van Zyl i~GJ --aerrerrrrr <br />n f ~ . s~ :: ` ~,f <br />Sandra F. Van Zyl J -awrow~r <br />STATE OF Nt'RRAti6A, ...... xa~~ ................................ COUnty aa: <br />On this......$~xh.......day of._Ncvembex......., i9$1.., before me, the undersigned, a Notary Public <br />duly commissioned and qualified foe said county, personally came ....................................... . <br />~.Ch@~4i. Gr. ~4R ,~Y~. PRa. S~9dea. Fr. vlin .zyd.. httaltaod. isttd..scife.........., to me known to be the <br />identical peraoa(s) whose ttatne(s) are subscribed to the foregoing instrument and acknowledges the extxution <br />thoreof to be. Fh+t~>c .........voluntary act and deed. <br />Witness my hand and notarial seal at ...............Gsttnd..Island...............in said county, the <br />date aforesaid. <br />My Commission ezpdroe: <br />f rta <br />~. ~- <br />ltlf aQ'- -- <br />Netary thole <br />~~ <br />.ice <br />- (Space Below Thia Line ReprvW Fa Under and ReCOMeq <br />~ <br />~3, ~ <br />!'^ ~ <br />`. <br />~ <br />lA M ;~. <br />. <br /> *c .., ~ __ ~. <br /> <br />rd e. :, <br />e :~ a t <br />z ~~ <br /> <br />L? <br />"' ~ <br />Q <br />a <br />N <br />Q <br />C9 <br />