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HomeMy WebLinkAbout0464 • 8. Inspection. I.~•u~l~~r tu;!T:~ ur ~•:~u~~• t~~ l~i~ iu:t~l~• r~~.~~unuhl~~ ~•ut?'i~•- i~~,un :tn~l iu~~~~~~•tiou, ol the 1'roE~- l:C~,1', ~~IY~I'1~~('l~ t~l;tl ~.~•U~~~'1' •I~~~~ ~~i\'r ~f~~il'~~~~'e•1' 11~1U~•~• ~~1'!uC l11 :11~\' ~~IP~1 1hv4~PCfiQt1 ~~~fP11Ylq}; 1'[':i~01111~)~C ~'AU~~' therefor r~IatMl ta Lrn~l~~r'~ intci+<<t y~ tii~; 1'ru~~c•rtr. 9. Condemnation. '1'lu• ~~rui•rr~~i~ oi :~n}~ :?~~~:?r~t ur ~•l:tim ior ~1~un:?~;c~. ~tirr~~t u~ eun:c~~u~•ntial. ii? coiu?c~:tior~ ~~~ith :ui~• ~•omlen?n:?tioii ur ~?tl~c•r tukin;; u tlu• Yru~,rrt~•. ur ~r,ir! thc~r~•ot. n~• t~~r ~•~?n~~r~•snr~~ i~~ lii+u of conri~~mna- t.ion, are fierel?~• :i~~i~;u~~~l :u~~l =h:~11 !K~ ~~aiA~~~:At~i~~t~~i•. • ~ In the et•~~nt ui :t lot,~! t:?kiii!~ ul tlte 1'rc~~icrt~•. tlu• ~?rur~•~~i~ ~h:tl! i~~• :~~~~?li~•~i t~~ tl?~~ .u?u, .~•~•~ir~~~l h~• thi~ \Iort- ~;:ig~~. :~~iil? t{~e rx~•~~<:. it :?n~•. t~:ti~i t~e Rnrn?~~~~•r. I~i tlic• ~•~•~•ul uf :i ~~:n•~i:tl h~kin~; ~~t tl~~• 1'ro~~~•rl~•. ~:nlc:~, Rurro~~•~~r an~l ].e~uli•~• ~~tlu~r~ci~r :i_r~~~• i~~ ~rritin~~. ~i~i•r~~ :I~:ti{ 1~~• :?~~~~1i~~~1 t~~ ~li~• •~~s??, ~ri•ur~•~{ i,~• tlii~ \Ior~~;:1Rr such propor_ tio~~ oi thc ~~ro~•c•~•~i~ a~ ~•~~~ctl ~~ru~,urti~?n ~~~I~irl~ tlx~ :wwunr ~~i tl~c •u~u~ ~~•cure~l h}• tlii: \lort~;agc imm~- ~littieh~ ~?rim• 1o tlu• ~I;tt~• ~~i t:;l:i~~:; h~~:+;> t~~ ~i~r i:?i~~ i+i;uk~•t ~:~Iw• ~?i tli~• 1'r~~{~~~rt~: iin?n~rii:ttcl~• ~?riur to il?e ~latc ~~i tAking. ~vitl~the I~:tl:tiu•~~ ~~i th~~ ~~?•u~•~ ~•~1~ ?~:,i~i t~~ li~?rro~~~•i•. [f t•l~c !'ro~~~~rt~' i~ :ih:in~i~~,~r~t h~• liurr~~;~~~r ~~r if :~ftcr nuti~•~• 1~~• Leuiict• to i;orro~~•c~r th.~t thc i•ornlcui?i~r offe:r: to inskc :n? :~~~~seYi or ~~~ttl~~ :i ~•I;u~n i~,r ~ku:~u~,~•~. I;orro~~•~r tail~ tn re~~?oiul tu L~•n~icr ~vithin :i~ ~!.t}•: of the dntc ot :urh uoti~•~•. L~n~lc~r i~ :u~ih+,ri•r~•~t tu ~•~,Ila•s :uul a~?~~I~• tlu~ ~~rur~~~•~l~ :?t L~~~~~1~~•'~ u~,tion ritiu•~• to ~r~toration or 1'C})R1P of thc Pro~~crt~~• ~?r t~ t~i~' -~l1!;.. ri'~•Ilt'~`~~ t~ll~ ~~~11'lt;;l!~i'. i?n1e~• L~•rnler :in~i lio~~r~~~~•~~: ~~ti~c•r~~•i=i• aerc~~• in ~~ritiu~. .iu~• sueh a~~plication of procecd~ tu ~~riuci~?al sh.tll ~?ot ~•~tcu~l or ~~osi~,onr tlu~ ~iu~• ~~:~r~~ ti:~- ?n~~m{il~• iu~t:~llinc•iit> ?rf~•rn•~i to i?: ~?:u:i{:ra~,l~; l and 2 hemof o~• chan~c the :unouut ~t :iu•h i?rt;il?.nur»«. - 10. BorrowerNot Released. I;xt~ s,.+,.;~ „f th~• ~i~u~• i~n~ ~,:~}-~u~•ut or maliti~:itio~! ~~i :tlllol'ti7.:1t1011 OE f~1P ~ums ~i'~•UI'C(~ 1~11~ ~~~~I'~~:l~;l' ,L;l:tll~('~! ~.~•h~~~•1 tU :Ltf\' ~11~•1•P::OI' !11 itli('lP~I ot Rorro~~•~•t' ~~1.1~~ 1101 o~~erntc to releASC, in :u~~• ~ua?inrr. tlu• iinl?ilit~• ~~i tiu• ~~r .i=.~:,~ Iirn•i•~n:~~r an~l liurro~~•~•r~< ~uc~•c:~~o~:~ ~n interc~t. t.~n~ier ~hall not he rec~~iire~l t~~ ~•oti~nn•nc~• ~~r~~rr~•~iiu~,, :c_~i:~~~t ~;t~•L <n~•~~~~--ur ~~r r~•fu~~~ f~~ ~~~ic~r.~l ti?~i~ f~~r ~~:+)~~nenl «r nther~ei~e inodif~• :11?lOi~l'LAt1011 1~1 1~U• •t:Ul~ ~I`I't1CP(~ ':'i• ~~~~t'1_':1a~' E~\• ,r~•;tcnll (ll :~11~' ~~hlll:tll~~ 2;L'V~l• ~ri' t~11• OI'Ic!tt1;1I Rf1ilY3N•cr and F;orro«er's successor~ ii~ intece: ~ . 11. Forbearance by Lender Not a Waiver. .\i?~- forh~•:~r:u~r~~ 1?~• I.~n~i~•r i:~ r~~mi~in~~ :~n)• ri~;ht. or r~n~ed~ hcrcunrlcr. or other~~•i~r ali~~rrir~i i~.- :?}~E~iir:thl~• I;i~~•. =i~ai1 ~mt i~~• a•ai~•:~r ~t or ~»r~•itt~ic tl~c ~~xer~i~c oi :u~}• right. ~?r resuc~+i~• I?ercun~l~~r. "1'hr {:rn~•:u•~r:ne•nt ~~i ii,~nr:i~u•r ~~r tii~• ~ui\•IIiC~~t of t:~xc~ or oth~~r lic~n. or ~•LarRes h~• I.ender ~h:ill ~iot. ~~•:ii~-~•r ~}i t.~•c~t,~; ~ ri~~l,= ru :~~,.r',.?:~t~• th~~ i~~at~u~i~~~ oi =1:~• ii~~tcht~•~Im~;: ,c~~•urcri 1~~• thi~ \tortg~~c. 12. Remedies Cumulative. :1l1 r~•~n~~~li~~~ i~ro~•i~l~~~l i~? ti?i~ ~tortg:?~,~• :ur ~li~ti~:~t an~i riul~i~l:~ti~•c to :tn~• other right ~~r ~•c•n~M1~• im~l~~r thi~ \l~~rt~_:~~n• ~~r :itl~~~r~i~~~! {~~•.I:i~~- ~?r ~~rn~it~•. :?n~l ~n:~~• L~• ~x~~iri~Mi ~~~~?u•m•renth•, iml~~~~n~i- ~•nth• or su~•cc~ci~•ei~•. 13. Successors and Assigns Bound; Joint and Several Liabiliiy: Captions. "Th~• ro~'~'u:int~ and a~rcement~ lierein ~•rn~t:?i»e~i ~hall bin~i. :in~i tl:~• ri~,4~~~ i,c•r~~un~l~~r ~h:~Fi i~nir~• to. ih~ re~l?eeti~•~• ~iu•~•~~:~in• :~n~i a~si~ns of I.ender :UIf~ ~3111'1'1~\l't'1'. ~Il~~ll'Pt 11~ 1~!r'}~1'lltl•l~~lr. ~~i ~~:ti:l!11':il~~1 ~i ~II'Yt•(Il. 1'u~l•)l:lllt• :tlu~ :t!,l'f•(•IIIPIIt~ O~ ~017~0\~'Cl' ~~1R~~ he i~iut :eu~l ~~•~•c•i:~i. '1'!ir ~ ;~i~ci~~u~ :u~~i i~r:?~iiu±_- „i ?1~~~ ~r,i::~~~i:~~~l~~ ~~f ~hi~ \l~~ri~~a~,~• :n•c i~~r ~•on~-~~iien~~~ o~~l~• am1 :~rc not fo he±i~cd tn int~•rj~r~~~ ~~r ~?~•fir~ r{,~• ~~r~~~ i~i~,r.~ i~~•rr~~i. 14. Notice. .1~i~• n~ui~•r i~~ li~~rr~~~~~•r ~~ru~i+l+~~! i~„- iu tlii• \lortta~,~• ~li:~l1 hc~ ~~i~-~•n h~• ~nailii~~; •n~~li notic~ h}- r,•riifi~~d in:~ii :ui~irc~~~~~i to ii,~,•rot~-~•r :et tlu• 1'ru~~rr~~- .~~l~lri•~> •t:itc~l h~•lo~~. ~•x~•~~~~t io?• ;~in• i~uti~~~ irquirc~l i~n~ler ~~:~e.ie;?;~~~I? 1S f~cr~~~,f t~ 1>~• ~~i~•~ r~ tu k~~ir-~~+~~c•r i;i th~~ u~:uin~•r ~~r~~ri•il~i~~l 1,~• :t~~~~li~•:il,l~~ 1:«~~.. _1n~• u~~tecc~ ~~rc?~•i~i;~;l !Ot' III f~11~ ~~(i1'I~,;:l~r;l• ~~1:11~ ~~t• ~{(•~'Ui~~~~ ~n li:i\'1- ~~C~-li _I\'('il t~~ }~b7'1'1~\Ci•f l\~ll'll ~;1~'l~!t 1!1 t~tt' 111:?llil('1' t~P~li,*~natcvi her~in. 15. Unilorm Mortgage: Governing Law; Severability. 'I'Li- fnrn? ~?i ~uurt~;:i~r~ ~~onihit::~- ~uiiform c~~~•enant~ ~ lor natioual u<e au~l nou-uuiiorui ~•~~~•~•u:uit- ~.i?h iinii!e~1 ~:n•iatiun~ Irr i~n~;~~iic•tion to en~:~titirte a tuiiform ~ecu- rit~ i~~stnuucnt ~•o~~erin~ l~r:~l l~ro~,rr~~-. "I'iti~. \lort~_~~,c• ~h:~ll hc ~c?~•~~ri~c~~i h~- thc la~~• ~~i thc• iuri<~liction in ~vhich tl?e 1'ro{~ert~• i~ Icu~atc~i. l~t t~~~• r•:t~nt i~~:~t :in~• E~r~~~i~ion ur ~•l;iir~• oi iLi~ \iort~;ane or 16e \otc conHir,ts n~iti~ . :~~~~?licsi~le {:i~~-. -n~~U ~•o~~fiict ~!,:~~I «ot :ii~r~'r otht•r ?~i•~~~-i~iun~ ui tl?i= \lort~,age ur the \ote ~~•hich can be gi~~en rffect ~~•ithout ti~c~ ~~onfli~•~i~,~; ~~ru~:;:ioi~. :u~~1 to ti}i~ ~r„1 thc F~ro~•i~io?~~ of tf~r \Iortta};e .in~i the \Tote are ~1ecl~red i t~ be sever~ble. ! 16. Botrower"s Copy. Itrnr~,;~,.r >h::il h~~ iin•ni~i?rrl ~•onfornic~l oi thi~ \lort~:s~„~• at tLc time of execu- ~ rion ~r sfter re~or~latiun !~c~rr~?i. } 17. Transfer of the PropertY; Assumption. It :?11 m• :u~r P:?rt oi tiu~ Yro~+ert~- nr a~i inte?•c-t. therein i~ sold # ~)1'tt:9ll~ll'1'fhi~ ~{I?t'1'1)~~~~Y ~~'It~;~;~it (:t•R~~~'t'> ~~l'1l~i '.\-1'!ti(•R ~'~?R~Plil. PXl•~IltjlU¢; 1:11 t~i~t PCt'.`1~10l1 OI :t lien or en~um- ~ ~?1'.tll~'C ~II~i~1T~~ltl:tll' tti ti;j~ ~~nl'~ _ct_~~. ~ i~: ~iti• ~•t't~:til/lll ~11 u~~lll'~•~l:lct• 111~)11e)- ~l'Cill'1~~' 1111('1'~•~t far houscliol~i .1})~)~1- :uu•c~. ~c~ a ti:ur.•j~•r I~~~ ~ie~ci~~~. ~i~ -~•~•i~i ,~r 1~~~ uj~~•i:ttimi ~?1 I:s~~- tUn~t: fh~• ~l~.tti? u~ :t i~~int te•n;snt or i~ll th~ ~rant of ~ :u?~• lc:i~~~lii~l~i i~:,~ r~ ~r r!~~~~•+~ : ' ' ~ :,~:;:ii?~ii~, :ui ~~~~~iuu tu ~nin•lr.~-~~. 1.~•~:~lcr ina~•. :tt T.enr~cr'~ option. ~ ~~CP~1TC'l~~ f~1(• ~~11;~- ~t'~•ti!'.'~'~: F,~' ~~~.~!"~=:t~-'i• 1'~ t~t• 12{illlh~ll'tl~'~\• ~~~11' ;ttlt{ Il:l\':1~~i1'. i.~•I1ilP1' ti!:1~~ ~1$l"t' ~\:Ul'C~l FUC~I U~)t1A11 t0 :~~•~•~•1~~,:~+~~ ii. r~ri~~:~ t~: -:ji~ r,:,n-i~•r. I.rc~~i~r :tm) l~U• ~N'P~~lit i(/ \\'~10111 f~il• ~~1'tl~ll'1't\' I~ t0 {)c ~olci (11' IP.i11ciC1'tYtii 1'l:l~'{i :l!!1'Y[•tIt!•:!~ l!; ~~~L tf~:tt tli~• ~ii~•i: ~~Pl'~~~11 I~ ~:L11~I:1P1~)1'1' t(1 ~.t•h~~~'t' :1111~ 1~I:1T t~lP 111~fiCSf {~.it~:~hle ~~u ti?e -nu~~ -~•~•u:-~~•i 1~. \l~n•t+,:a~~~• :tt ~n~.~~ r:?t~• I.~•inirr >l?:ill r~~y~n~;t. If Ler.~ler La~ ~~•ai~•ed (jlC Ol1~1011 iq :l~•~•1•~P1:lle• ~~~'il\'1~~~ i!:;- y~:ii':iR!':1~~~' ~ i :IRi~ ?i ~if)1'Ct~\C~•1' • r~lf•1'~•:~0~' 1S1 111fP1't'~1 11.1~ l'Sl'P11fP(~ :l i\`1'It- t~~n :i~~i~ni~~tion :t~'?'~'~•n~~•:~+ ~ i i;~ ~•i1 iu~,: i~~~ t.~•~~~l~•r. (.~•i,~l~•! -I~,?i! r~~l~•:t~~• li~,rr~~~~-~•r it'~m~ :t11 ohli~~:iiion~ umlcr tl~is \Iort~::tk~• cui~l tli~• ~ot~~. li Lciuicr ~•xcr~•i:c~~ .urli ~~i~r:~;n ru :i~ r~•i~•r:~+c•. I.cu~l~•r ~iir~il ~:u?il liorru~~•~•r ~urti~•r of :u•~•cleratio~e in sccordancc ~ ~~~itl~ ~~:u•:~~rr;?~~1? 1-1 h~•r~ ~~i_ ~~fr! uutt~~~~ ~I~:~li t~r~~~ i~l~• {~r~•i~~,4 ni u~~t I~•-~ tl~:in :iO ~i,~~-- iroi?~ tl~~~ ~lat~~ th~ notic~~ i~ , ~ IIl:l11('(~ ~l"ir~llli \Cjtl(`~t ~~(Il'!'1~\I~!'!- I~~:.t:' '~:i~- ~111U` ~~('(•I:Ifl'~~ ~}7S~'. ~1 ~~O?~1'(~1.'('!' i:lll~ lll ~t:t': ~UPII ~lllll~'1TIOP t0 t`l(' . ' ' ! ~•\~11Y.ttlOll ~~I ~111'fi E~l'1'IUt~. Tnt~ I~~:t~'. `~".f;;~Al~ '~IYi!t~'i' L~~tli~• ~~l' ~~l'111Y:1~~ I~h ~;~11'I'1111'PI'. 111~"(1~~• :111~' TC11lC(~IP~ per- ~ n~ittccl I~)' ~~:u•:ikr.~~~ii IS hrr~•c~i. ! ~ I~x~e~~t~~t l'~~~!-.x r-. f~~„ ;~~~:~~~•r :~n~l I.~•n~'t~•r tni~ih~~r ~•~?~-~~n:~ut .tti~l u~,~re~• a~ 1'~?ll~~~~-~: ~ ~8. Acceleration; Remedies. 1:~~ ~•E~' :t~ f':~'i t~~~'~~ 111 ~~:tl':~_1':t~~ii ~N'1'1'1~1. i11~U1~ {~~ll'Pl~l1"1'!'r ~?1'1•:1('~1 U~ .i11C l a ~ rur~•i~:u~t or.i~:?~r~vnr•nt ~~i Iin~r~,•,~, ~ in ri~~~ ~I~~rt_;~~_~•. ~~~~•ln~iin~ r!,~~ ~•~~~-ri~:u?t~ t~~ ~~,i~~ ~~lu~u ~lu~• :in~• ~u~u• ~ccum~l ~ 1?~• tl~i: \I~?rt~;,tt~e~. l.c~tul~•r ~n~i~~c t~, ;,•::+ti~~~~ ~?r.ti! !~~:~il u+~ti~•~••~~~ f3~~rru~c~•r ~rrot•i~l~~~l in ~r.tr:t~ra~?It 14 liercot ~ ; ~~urr~ <<~ ~•~n~ .u~•i, i~n•a~• : ~ ~j,c~~it}-iup:: ~ 1 ~ tli~• hn;~~::~ cl: .•~•'.~n~ 1.,:;~ ~i:i~~•. mn tic~n thirt~• ~ta~•~ tron? th~~ ~Istc tli~• ti~rtiri• i~ ~,~:eil~:! r~~ Ii~~rn~~~~~ r. I,~ ~,lzir!, ~ii~•i~ I~r~:u•li ~t~~i-r h~• ~•ur~~~l: .in~l tliat tail~~re~ ta rum ~uch ~11'!:t(•}! Uli 1?1' f~l~i~rl'l' tfl~• :~:lt~ -l~t•t'ltl~'~~ IL' tft~• I~~~il~•~' I11:1~' I'1•~tl~t li: :1~'~'t'~P!':tll~~h ul fit(' ~I1111~ il'1'IIMI~ {t~' t~ll~ \iortR:lti;l' ~ :U1~~ r.i~l' l~t t~ll• j~l'~~,~t~ft~'. ~t 'fN' ~il'r;tt•~t I~ IIUt 1•tit7•~~ ~~Il UP ~~~•it~lY• ~~H ~~:tl~• ~~~1'1•IfH'~~ lll f~lt• 11011P('. L~•n~lcr at Lcn~icr~~ ~ n~,ti~~n ~na}- ~l~•~•I:~r~~ :?!I ~~t t~~r ~~u~~< ,~~~•,n•c~i f~r tlii~ \I~nt~,a,_~ t~~ L~• uiinu•~li:~t~•I~• ~ltir :unl ~r,~~-cil~i~• ~~-itLot3t fnrther ~li•iorsn~l ai?ri ni,i~• inrrrl~~:~~ ti.i~ \I~?rr,..i,,. I,~• ,~~~ii~•ial ~~rur~~~•,lin~_ I.i int~•r -li:ill Lr ~•ntisl~~~i tu ~ull~•~•t in ~u~•1? ~~m~~~~c~l- ing a!1 c~xln•n~i~~ uf turr~•i~~.n~'~•. in~~ir~~~i~_. !mt n~~t lin~it~•~I t~~. r~:i~nnah~r :~tt>>rm•~-~> i~~~~-_ :trn? ~•~rt~ oi ~lo~•unu•ntarr ~~~•i~len~•e.:~h:tra~~t~ :ui~? si~?~• ~,~~rt~- , • , - . 3 F~ ~~g PACE 4~ ~ _ . ~ _ - ~ 1r~- sa -,a r+~: ~ re,.~;- ~-~-ct,.-~~ ~ ~.`-A~a ~'~o'~~ s~ ~~,-p -.~rr $:~..::'..~-~'.~aas,.,,..y...==-r ~ .r«-~"~,: .-~*?8'.~~,r~ .x.- 1r~~-~ $~..,-C^;.~ ~ ~t~.-,. -i~,s~":i.s`,r,l~'+.~-~'~^~. '~'».,.r - - - xY,~•~`~~.~ ~5^ ~F~ ~~~~^~'~p --~kF> z~A~ _ . . .~~Z..r~~..~'ttFF~._ 8..~.^~rr~~~~ ~Jw_~rir- w'~c~~~. . ~ .z..a.~,a.s~r~ _ _ .a....~~ .va- , r . 4 t_ .~.v . ~ h