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8. Itt~pection. l.ender may mt~ke or ~•uu;c tu lx• u?ud~• r~~+i•uu:~l?le ~~ntri~s u~wu .u~~l inspeetious ot ti~c Yro~,- ~
erty, ~~ro~~ided thnt I.~ndcr ~ht~ll gi~•c Borro~~•cr notice ~?rior tu :u~~~ ~ucli in~pection ~~~ecifving ma.>onablc cause
therefor related to Lender's intemst in the YropeN•ti.
9. Condemnation. The proceecis of anv .~~~•Ar~i or ~'IAllil 101• ~la~uages, direct or consequential, in connection
~vith :~ny condemnation or other tnking oi the Yro~x~rty, or ~?:~rt thereot, or for con~•eyaince in lieu of coudemna-
tion, are hereby a~~igne~i and sl~~ll t~e paid to I.endct.
In t~he erent oi a total tAking of tl~e Pm~~ert~. the procc~~l~ ~lu~il 1?e :i~~~?lic~ci to tt:c ~uws cecured b~~ this ~4ort-
gagc, ~~itN the exceay, it nn~, ~~sid to Borro~scr. In tlie event of a pnrtixl tnking of the Pm~x•rty. ~~nlecs Borrower
:~nd Lender otl~en~ise agrec in ~~•ritin~;, there shnlt IM i~p~~lic~i to th~ sum: •cc~~rc~l 1,~ this \[ortkugc such propor-
t~ion of the proceeds ns is equa! to that ~~ro{iortion ~el~icli tl?c ~n~ount of the su~us secureci by this'~Iortga~~e imme-
diately prior to tLe dah oi taking I~cnr.- to tl~c tair ~n:u-ket ~•ah~~• o` the Yropert~~ imu~cciiately prior to the date of
taking, with the balance o[ the proceecl~ pai~l to Borro~ver.
If the Properly is abandoned by Borro«•er or it after ~wticc I?~• I.endc3• to Borro~~er that thc concien~nor oPfer~
to make an :~~~ard or settle n claim for dnn~agr:, Borro~~•er Cnil~ to respond to I.cnder nithin 30 days ot the date
of such notice, I.ender is Authorizecl to collect :~nd n~~pth• the ~~ca•c~~cl~ ut I.ender~ option eitl~er to restoration or
repair of the Pmperty or to thc ~un~s secure~l bv this \lart~a~;c.
Unle~ I.ender und Borro~ver othenvisc agree in ~vriting, nny such application ot proceeds to principAi shall ~
not extend or ~~ostpone the Ylue date of the u~onthiv inctallment~ referrc~l to i~i pnragrai~hs ] nnd 2 hereof or
chnnge the Amount. of such instullments.
10. Bortower Not Released. F.xtension of the timc for ~?:?~•mcut. or malificntion of amortization of the sums
secured I>y this \~tortgage grnnted b~~ Lender to un~~ ~ucce.SOr in interG~t oi Borro~~•cr shail uot o~,ernte to ralease,
in any manner, the lia6ilit~ of thc original Rorro~~•cr and Borro~~•er'. succe~son in i»terest. i.ender shall not Ue
requirc~i to commencc procecdings nguinst such succ~or or ~riu~e_io exiend fimc for pnvnient or othcrnise modift
:imortization of the sums secumd U~• this \Iortgagc in• rcason of :u~~• ~tc~nand n~ndc b~ the origintt) Botro~ver and
Bortower's succes.sors in interest.
11. Forbearaace by Lender Not a Waiver. _1n~ forbezrancc 1?~~ I.ender in exercising un~ right or remedy
hereunder, or other~vise af'fonieci-bt~ :?pplicnblc ls~~-, sl~~?tl not 1?c :1 ~~•ni~•er of or ~~reclude the e~ercise of nn}~ right
or remedy hereunder. Tl~e procurement ot insurauce or the pa~ went ot taxes or other liens or chnrges hy T.ender -
e
shall not be a~~ai~'er of T.ender's right. to nccelernte the mnturit~ of the indebtednec5 securecl by this 14ortgage.
12. Remedies Cumulaiive• All remedies pro~~idecl in thi~ ~tortga~e nre distinct nnd cumulntive to any other
right or remedS' ~m~ter this ~[ortguge or aFFonl_^ii h~• la~~- or c~uit~~, :?nd ma~ ~?c~ exereised concurrentlv, independ-
ently or succecsivelt .
13. Successora ~d Assigas Bound: Joint and Several Liability; Captions. The co~•enant~ and agreements
I~erein contained ~hnll 1»nd tnci the rights l~ereunder ~hnll inure to, the respecti~•~ ~ucce~or~ nnd ncsigns o~ I.ender
and Borm~~er, ~uhject to t~e ~~ro~•ision~ of parn~r.~~~l~ 17 l~cmof. _\ll ca~•ennnt~ an~t agreen~ents of Borno~~er shall
be joint. and ~e~•er.~l. The c~ptioi~s an~l Leading~ of thr ~n~r.~rra{~l?~ of thi~ \[ort~~~;c ~re tor com~enience onl~ and
....a ~ts. ..e.:.l ;o~o~rn+ nr rlnfinn +I~~ ~iM~•icinn~ hcreof.
aiti: iiisv :,~s :iv u.:t.:: :v . ~ .
14. Notice. Any nat•ice to Borm«er ~~ro~•idcYi for iu thi~ ~lo~~tgage ~I1R~~ I)C Ql~'Cll m~ilin~ rucL notice by
eertifieci nu?il addressed to Borm~~er at the Pro~~ert~• :~~l~lre.~ ~tztc~cl Ixlo~~-. exce~~t tor an~• notiec requirc~i under
~~~?r~graph 18 hereof to i?e giren to Borro~~•cr in tiu~ uru~ner ~Tm~~rilx~i h~• upplicable ~la~~. ~n~ noticc provided
for in thi~ \Iortgage ~hnll I~c dcenx~c~ to La~•c i~cen ~i~'cn to Borro~~•er ~~•hen ~i~•en in the ~nam~er dGignate~l herein.
15. IIniform Mortgage; Governing Law: Severability. 'fhi~ forni of mortga~c coinUinec uniforni co~•enants
for nationnl use and non-unitorm co~•enants ~~•ith limited ~~arit?tious br jurisciiction to constitute a uniform secu-
~ - rity instrument covering real ~~ropert,y. This ~IortgAge s1~a11 hc roverned by the la~t of the jurisciiction in ~vhich
~ the Pro~~ertS is lceated. L~.tl~e e~•ent th~t :?n~ ~irovisiore or clause of this liortgage or the \Tote confliets with
~ applicable lan~, such conflict shall not af[ect other ~~ro~•ision oi tl~i~ \[ortgage or the \otc ~vhich can be given
eft'ect ithout the conflicting ~?ro~~ision, and to this cnd the pro~•i~ion: of thc ~(ortgage .ind the~ Note are declared
to be seyerable.
16. Borrowei
s Copy. Borro~cer ~I~all Iie iurnisl~cYt ~•onfoniicd cop~- of this ~[ortgagc at the time vf execu-
tion or after rECOniat~ion l~ereof _
17. Transfer of the Propedy; Assumption. If all or an~~ {?:u-t of thc Property or an interest therein is sold
or transferrecl b}~ I3orro~~er nithout I.ender'~ ~~rior ~~-riiten con~ent. cx~h~din~ Ia1 the cre:~tion of a lien or encum-
brance ~ul,oniinate to thi~ \[ortg:~~c. it?1 tlie ~rration of :i ~~i~rcha~~~ ui~ne}- ~erurit}• intere~t for I~ousehold appli-
:?nc~, ic? a h•~nsfer b~• de~~ese. ~Ic~cent or b}• o~~eration oi la~~- u~?on tt~~ ~leath of s joint tenant or 1~l~~ the grant of
:?ny leascl~old intemzt of tl~ree ~ear~ or lc_~ ~lot ront~ining :u? o~~tion to p~u-chasc. I.ender ~nn~. at i.ender's opt~ion,
declnre all the suu~~ ~ecurecl b~- ti~i~ \[ortg:i~*,P t0 I)P IllllllMllIIt~•h• ~ln~ an+i ~?;t~.iblc_ i.cmicr ~l~all ha~e ~~aiveci such
option to a~celcrntc if. ~?rior to the ~.?le or trnnsier, I.cn~ler aml 11~~ ~mrorr to ~~izom thc Yropert~~- i~ to be sold or
trunsferred mach a~mement in ~criting tl~at tlic cl'Mlit of ~ucli ~~er~c,u i~ ~ati~f.?cton- to I.en~ier and tl~ai the interest
~~ayable on tlie ~um~ ~ecare~i h~' this \Iortga~c ~hail hc i?t ~u~~h rate I.cn~ler sLall r~~~t~est. If I.ender has ~vaived
the option to :icccierate ~~rovided in U~is ~?~ragr.ti~h 17 anct if 13orro~ccr ~ sacce~~or in interett l~as exccutecl .i writ-
ten assumption agree~nent aceepic~l in ~critinfi 1?}• Lender, Lcn~ler ~hall relea~e Borro~~•er trom all obligations under
this ~Iortgage and thc \otc.
If I.encler exercises sucl~ o~?tio~~ to acceleratc. i.ender >I~:~II ~naii Borro~cer notice of :icceleration in accordance
~~•itl~ ~>.+ragrapl? l4 Lercof. ~uch noiic•c• ~h:?Il ~~ro~•i~le E~erial of ~?ot 1~•>: th~?n 30 rla~~~ from the dntc tl~e notice is
maileci ~~'ithin ~cl~ieh Rorro~cer roa~• ~~a}' the sunr.- deciarc~l ~Im~. Iti Rorro~~~er f~il~ to ~?ay ~u~•i? ~um~ prior to thc
~ cxpiration oi =u~h ~~crial. I.en~lcr w.at-. a-itho»i furtlu~r noti~•~• or ~1~~»~sn~l on 13orro~~•cr, in~•okc~ an~- reH~.~iies ~~er-
mitted b~' ~?afagraph 18 hereof.
\~,~-['x~F~?eai l'ovt:~.~x•r~. I;urro~rer:in~l L~•n~l~~r ftn•tiu•r ~•o~•~•»aut :tn~l .inrec• .i~ t'~?Ilow~:
18. Acceleration: Remedies. 1•:xec~~t :i~ ~~ro~-i~l~yl in ~?:u~:irr:?~?I~ 1; hercoi. t~~?on I3orso~c~r'~ brcn~h oi ...i~-
~•o~•cn:uit or agmcn~ent of Borro~~•rr in thi~ \lort~a~~•. inc•lu~iin~; tl~e ~~n~-enant~ to ~~a~• ~~-h~~n ~lu~• an~ ~~nt:~ ~ecured
hy tLis ~(ortga~;e, Len~lcr ~?rior to acccler:+ti~rn ~L.~II m:iil noti~~c to Bc,rro~~•or ~?ro~•i~lai in ~?a:a~rn~~h 14 hrs~rof
yxscifvin~;: ~ 1 ~ thc 1?rcac•li: ~21 thc :1M1011 1'lY~U11YYI t0 Cu~y• •~~~1~ In•~~arl~: ;3i a~late. uot 1~~:= than tl~itt}• da~•~ from ~
thc ~ia[c tlic uoticr i~ ~n:~il~t to I3orru~~-~~r. 1?~~ ~~-I~i~li •url? I?r~~a~•h n~u~t In~ ~•ur~•~1; an~i 141 tlu~t failurr• tn cwr sucii
hrcach on or Ircrforc ihr• ~latc~ ~j?e~i6c~l in thc• noti~•~~ ~u:?~• ~-~~~~~It in :u~~~~~l~~ration of thc~ ~um~ -~•curcYl I?~• tl~is ~lottgagc
:uul ~.~Ic oi tl~c Yro~?crt~-. If thc brea~Ci i1not ~•urcrl un or I?~•forc~ th~~ ~I:~tc~ ~~r~•~ifi~yl iu tlic• noti~c. Lcn~lcr at T.cndcr'~
o~ition iu:ti~• +icclatr .il1 of tlic ~~~nr ~c•curc~l I~~- thi~ \lort};a~c~ to Ix• iiun?~•~1iat~h• ~lu~~ amt ~~a~•:il~lc ~~-ithout further
denr.+n~i arnl n~.+~• fon•clo~e thi~ ~(ort~;a~;r I?~• ju~{i~ial ~?r~?~•~~cyiin_. ta•~i~l~•r ~lia{I I?e ~•ntiticyl to colle~~t in •u~h ~n•ocec~cl-
ing :iii ex~x~n~c. af foreclo-ure. in~l~~~lin~;. I~i~t not tin~it~yl 1~?. r~•:~~on:~l?I~• :?ttorn~~~•'~ f~~e~. :?n~l ~o~t~ of ~loci~mentar~-
evi~lence, ah:tra~t~ an~l titlc r~y?ort~.
6QOK~4 PAL~ ~V
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